Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO jobs.
Includes reviews of Legend Porsche Audi VW from DealerRater ... Have great week and drive safe! Rep: Legend Volkswagen #legendvw member of the Legend Auto Group #thelegendautogroup The staff ...
Porsche Automobil Holding's (POAHY) core investments in Volkswagen and Porsche AG are underperforming. See why I recommend avoiding investment in the stock.
Bad news for foreign automakers in the world's biggest car market keeps coming as two German marques reported big declines in deliveries in China.
Volkswagen's unit sales fell 2.3% in 2024 to just over 9 million vehicles, the German automaker reported on Tuesday, as it struggles to cut costs at home and fight a price war in China, its biggest market.
Bernstein analyst Stephen Reitman maintained a Hold rating on Porsche Automobil Holding (0JHU – Research Report) today and set a price target
Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and faltering demand for electric vehicles.
Rivian’s (RIVN) stock is trending on Friday after Volkswagen CEO Oliver Blume hinted at expanding upon their new EV
Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese market dragged on sales.
In a report released today, Stephen Reitman from Bernstein maintained a Hold rating on Volkswagen (0P6O – Research Report), with a price target
Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota ...
Car giant VW to wind down production at 2 factories, China could buy factories for foothold in Germany Read more at straitstimes.com.