Volkswagen Electric Car Sales Disappoint, But Should Rally In 2nd Half Of 2021 “Critics say VWs don’t have enough advanced self-driving and voice-controlled features valued by young, wealthy Chinese” Volkswagen is the lead dog auto manufacturer in the global race to electrify, but it’s ambitious plans have stalled for the moment and investors are getting […]
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Volkswagen Raises Profit Target Despite Chip Shortage
Volkswagen Raises Profit Target Despite Chip Shortage. “there is a hair in the soup” Volkswagen surprised nobody with its strong first quarter profits and improved outlook for the year, but despite the positive performance from the shares – up more than 1% initially Thursday in Europe – VW’s performance in China raised some investor eyebrows. […]
ID.3 Spearheads Volkswagen’s Electric Revolution With Tesla Firmly In Its Sights
ID.3 Spearheads Volkswagen’s Electric Revolution With Tesla Firmly In Its Sights. “On the highway though battery capacity quickly drained away, supplying an average of 63.3% of the offered availability. Long-range travel on fast highways will be a problem” The ID.3 hatchback launched Volkswagen’s multi-billion euro gamble to challenge Tesla’s electric car dominance and despite initial […]
VW Shares Take On Tesla-like Quality
VW Shares Take On Tesla-like Quality. “If VW can follow its ambitious roadmap for e-mobility and leverage the scale economies it is targeting, it will certainly be a credible rival for current market leader Tesla” Volkswagen shareholders were almost Tesla-like as in mid-March they rushed to embrace its ambitious plans and drove the stock price […]
Volkswagen Shares Weaken As Diess Decision Apparently Delayed
Volkswagen Shares Weaken As Diess Decision Apparently Delayed. “The same old problem pops up again and again. VW is a kind of state-owned company with a stake in the stock exchange” Volkswagen’s silence after a top committee reportedly discussed CEO Herbert Diess’s call to back his plan to reform the company’s lack-lustre financial performance, saw […]
Volkswagen Internal Politics Erupt Again As Diess Future Is Questioned
Volkswagen Internal Politics Erupt Again As Diess Future Is Questioned. It’s less than 6 months since Volkswagen was last shaken up by a plot to remove its chief executive, so it’s clearly time for another episode of this hardy perennial. The Volkswagen Group’s executive committee has convened a meeting Tuesday to discuss the future of […]
Volkswagen Returns To Profit But Slips Behind Rivals
Volkswagen Returns To Profit But Slips Behind Rivals. “The results were solid, but beats delivered by the competition were even bigger” For any auto manufacturer to report any profit at all in this coronavirus inflicted world has to be impressive, but Volkswagen disappointed investors with its latest financial report which analysts said showed it was […]
VW Loses Almost $1 Billion In The First Half, But Expects Black 2020
VW Loses Almost $1 Billion In The First Half, But Expects Black 2020 “China gives hope and may show the way out of the coronavirus” Volkswagen, the world’s biggest selling automaker, said on Thursday it lost approaching $1 billion in the coronavirus-stricken first half of a 2020, but expects to remain in the black for […]
VW Management Turmoil Won’t Help Coronavirus Recovery
VW Management Turmoil Won’t Help Coronavirus Recovery “VW has its own leadership crisis while transforming itself into an electric car company and coronavirus requires all management strength and should not leave room for works council revolts” As if Volkswagen didn’t have enough problems as it attempts to extricate itself from the coronavirus morass, the issue […]
VW 1st Mass Market Electric Car Profit Maker: Report
VW 1st Mass Market Electric Car Profit Maker: Report. “Consumers still prefer an electric Audi, BMW or Mercedes over a Tesla. The key issue is that these brands still lack competitive products, which could change in 2021” Volkswagen will become the first global automaker to make money selling battery-only electric vehicles (BEVs) with profits kicking […]