Volkswagen

On Saturday, Volkswagen AG (OTC: VWAGY) announced it was considering further cost cuts in order to cope with the downturn. The following is a look at how the company plans to maneuver the recovery.  Electric SUV Is A Novelty Volkswagen's ID.4 is basically the same car as the...

Amidst the COVID-19 coronavirus, attention to clean energy initiatives has risen. The following is a discussion regarding those initiatives.   Electrification During The Pandemic Ford Motor Company's (NYSE: F) Mustang Mach-E is headed for further development and production as the...

Tesla Inc. (NASDAQ: TSLA) cannot justify its current stock price, according to a New York University (NYU) professor. Tesla Has A Long Way To Go Aswath Damodaran told CNBC's Squawk Alley that Tesla would need to generate revenues like Volkswagen Group (OTC: VLKAF)does...

Tesla Inc.'s (NASDAQ: TSLA) shares jumped 11.6% higher in the after-hours session, trading at $648.50 on Wednesday after closing the regular session at $580.99. What Happened The surge comes as the electric vehicle maker beat Wall Street estimates on its fourth-quarter earnings. The Elon Musk-...

Mitsubishi Motors (OTC: MMTOF) shares fell sharply after authorities raided facilities associated with the company’s German subsidiary on Tuesday over suspected diesel emissions fraud, according to Nikkei Asian Review. What Happened German prosecutors raided ten business premises...

German car-maker Volkswagen has been ordered this morning by the Federal Court of Australia to pay A$125 million (near $86.2 million) in fines for making false statements about its cars to Australian consumers. The making of false statements by businesses to consumers is forbidden by the...

Volkswagen AG (OTC: VLKAF) subsidiary Audi AG has reached an agreement with its work council to lay off up to 9,500 employees by 2025, the company announced on Tuesday. 'Demographic Curve' The cuts will mostly happen “along the demographic curve” –  through...

Volkswagen's (U.S. OTC: VLKAF) long-awaited truck initial public offering (IPO) has been realized as shares of its now public heavy-truck and bus unit TRATON SE are trading on the Frankfurt Stock Exchange and Nasdaq Stockholm under the ticker 8TRA. The on-again, off-again share offering paves the...

Volkswagen's (U.S. OTC: VLKAF) initial public offering of its heavy-truck unit TRATON SE has come to fruition, albeit at the low-end of the anticipated price range. Before the offer period began, Volkswagen's management team seemed confident that the 10 percent offering of its truck division would...

Another analyst has initiated bearish coverage on Tesla Inc (NASDAQ: TSLA). The Analyst Credit Suisse analyst Dan Levy initiated coverage of Tesla with an Underperform rating and $189 price target. The Thesis Levy said investors should be comparing Tesla’s business and valuation to an auto...

Volkswagen AG announced that it is offering up to 15 percent of its heavy-truck subsidiary, Traton AG, in an initial public offering (IPO). The total offer ranges between 1.553 billion euros and 1.898 billion euros. The price range suggests a total valuation of 13.5 billion euros to 16.5 billion...

Volkswagen AG (U.S. OTC: VLKAF) announced that the company plans to move forward with the initial public offering (IPO) of its heavy-truck division, TRATON SE. The company also announced that it plans to list the shares on both the Frankfurt Stock Exchange and Nasdaq Stockholm. Despite the...

German automaker Volkswagen Group and Amazon Web Services (AWS), part of Amazon.com, Inc. (NASDAQ: AMZN), announced a multi-year global agreement to create the Volkswagen Industrial Cloud, a cloud-based industrial digital production platform. Volkswagen's primary motive is to streamline...

  Good day, U.S. equity futures edged higher alongside European stocks today, shrugging off losses in Asia as investors evaluated the global economy's overall strength, according to Bloomberg. The pound gained ahead of the next major Brexit vote. Contracts on the S&P 500 Index...

Ford Motor Company (NYSE: F) hyped investors last June by announcing a Volkswagen partnership. Now, that tie-up has become a drag. The Rating Morgan Stanley analysts Adam Jonas, Harald Hendrikse and Armintas Sinkevicius maintained an Equal-Weight rating on Ford with a $10 price target. The Thesis...