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Stellantis, Volkswagen
Stellantis shares plunge as carmaker follows Volkswagen in warning on profits
Shares in Chrysler parent Stellantis plunged almost 14% in Milan Monday after the Italian-American carmaker slashed its forecasts for full-year profitability and cash flow, citing weaker global sales and increased competition from Chinese rivals.
Volkswagen’s Second Profit Warning Exposes a Carmaker in Decline
Volkswagen AG’s second profit warning in three months makes one thing clear: Europe’s biggest automaker is in decline.
Stellantis warns on profit, citing global markets, Chinese competition
Stellantis NV on Monday slashed its annual forecasts and said it would burn through more cash than expected, citing worsening trends in the industry, higher costs to overhaul its U.S. business and Chinese competition on electric vehicles.
3h
Volkswagen is expected to see a rough road in October
Volkswagen (VLKAF) (VWAGY) faces challenges with lowered guidance and restructuring plans, impacting stock performance.
31m
Volkswagen cuts 2024 full-year guidance for 2nd time
Volkswagen (VWAGY) shares are attracting attention Monday as the automaker has reduced its full-year outlook for the second ...
1h
Volkswagen: Strong Buy Rating Amidst Strategic Cost-Cutting and Upcoming Product Cycles
Analyst Daniel Schwarz of Stifel Nicolaus reiterated a Buy rating on Volkswagen (0P6O – Research Report), reducing the price target to ...
2d
on MSN
Volkswagen Slashes Outlook a Second Time as Challenges Mount
Volkswagen AG cut its annual guidance for a second time this year on weak demand for its passenger cars, marking the latest ...
ndtvprofit
1h
After BMW, Volkswagen Cuts Guidance, Worsening Global Outlook
Volkswagen now expects deliveries to customers to flatten this fiscal, against the earlier guidance of 3% increase in volumes ...
2d
Volkswagen cuts 2024 outlook as car demand falters
Volkswagen cut its annual outlook for the second time in less than three months on Friday, citing a weaker-than-expected ...
1h
Electric car deal of the week: £239.99 per month for the Volkswagen ID.3
But this week’s electric car deal of the week is the Volkswagen ID.3, which is one of Europe’s best-selling electric cars for ...
Fleet World
50m
Volkswagen Group to boost safety systems with real-world data
Volkswagen Group is enhancing its driver assistance systems with sensor and image data from customer vehicles and real-world ...
2d
Volkswagen baja nuevamente proyecciones de ganancias por menor demanda de coches
El fabricante alemán de automóviles Volkswagen AG recortó sus previsiones por segunda vez este año y advirtió que la ...
5h
Europe’s biggest automaker is in decline. Volkswagen issues second profit warning due to weak demand and fading relevance in China
Europe's biggest automaker is in decline. Volkswagen issues second profit warning due to weak demand and fading relevance in ...
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