Volkswagen AG Unsponsored ADR (VWAGY)
Volkswagen Said To Delay Production of EV Models
Volkswagen Group will significantly hold off on the release of several electric vehicle (EV) models, according to German newspaper Handelsblatt.
Rivian: Thank You, Volkswagen!
Rivian Automotive has made significant progress in the EV space, with a recent rally in stock price due to a deal with Volkswagen AG. The EV company is focused on turning limited production into a profitable business, with plans to launch R2 and R3 models in early 2026. The VW investment of up to $5 billion positions Rivian for significant growth and profitability in the future.
Rivian Stock 'Powering Through Some Speed Bumps': Analysts Highlight Volkswagen JV, Amazon Partnership, R2 Launch After Q2 Earnings
Electric vehicle company Rivian Automotive RIVN draws mixed reactions from analysts over its partnerships and focus on profitability after reporting second-quarter financial results.
Rivian Q2 Earnings Highlights: Revenue Beat, EPS Miss, Volkswagen JV To 'Speed Up The Transition Away From Fossil Fuels'
Electric vehicle manufacturer Rivian Automotive RIVN reported second-quarter financial results after the market close Tuesday.
Volkswagen Q2: This Is A Bargain
Volkswagen released its Q2 update, reporting a small beat in operating profit margin and lower CAPEX due to new collaborations. The company cut its 2024 outlook, prioritizing sustainable value creation over higher volumes, with upside potential in efficiency measures. Downside risks include Lamborghini's performance and VW's luxury car portfolio.
Rivian Q2 Preview: Dark Horse Software Play With Volkswagen
Rivian's partnership with Volkswagen is expected to drive significant changes for both automakers, focusing on software development and operational discipline. Volkswagen's investment in Rivian is set to transform Rivian's business lines and execution capabilities, with a focus on electric vehicle architecture. The partnership between Rivian and Volkswagen presents a unique opportunity for revenue generation through software integration, potentially leading to significant upside potential for Rivian's stock.
Volkswagen CEO: China is open for discussion on tariffs
Volkswagen's chief executive said China and Europe should build tariff systems that reward those who invest in domestic car production, adding that the Chinese ministers he recently met in Beijing were open for discussion and aiming for a fair solution.
Volkswagen's profits slump in face of mounting competition from China
Volkswagen on Thursday reported a drop in its second-quarter profits as it recorded €1 billion ($1.1 billion) worth of restructuring costs and faced mounting competition from Chinese rivals.
Volkswagen's profit falls as restructuring, costs weigh on first half
Volkswagen on Thursday reported a 2.4% drop in its second quarter operating profit as Europe's top automaker continues to cut costs and revamp its model range.
US, Mexico announce remediation at Volkswagen plant for worker rights protection
The United States and Mexico announced a course of remediation at a Volkswagen plant in Mexico where the Mexican government had agreed to review alleged labor rights violations.
ON Semiconductor Q2: Volkswagen Deals Prove SiC Market Growth Potential
ON Semiconductor Corporation beat market expectations in Q2 FY24 results, driven by growth in the silicon carbide (SiC) market. The company signed a multi-year contract with Volkswagen AG for SiC solutions, showcasing its leading technology in the market. Despite inventory destocking in automotive and industrial markets, ON Semiconductor is poised to outgrow the SiC market with strong technology and expansion efforts.
Volkswagen is reeling in China. Can EVs help it grow in the US?
When Volkswagen Group last month invested $5 billion in U.S. electric truck-and-SUV maker Rivian , the startup's shares soared on the cash infusion.
