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VOLKSWAGEN PROFIT OUTLOOK
Toyota expects $4.3 billion hit from Iran war falloutToyota anticipates a significant financial hit from the Iran war. The automaker expects the crisis to cost approximately $4.3 billion this ...- European shares rebound as Trump withdraws tariff threats over GreenlandEuropean shares rebounded on Thursday after U.S. President Donald Trump abandoned tariff threats linked to Greenland and ruled out using fo...
- European shares flat as tech gains counter automaker lossesEuropean shares held steady on Monday as losses in automakers offset rising technology stocks, while investors awaited comments from a slew...
- 'Party's over' in China: European carmakers face tariffs, price warThe European automotive industry faces a challenging period as evidenced by the Munich car show. Declining profits in China, tepid European...
- Volkswagen takes 1.3-bn-euro hit from Trump tariffsVolkswagen faced a setback due to tariffs by US President Donald Trump. The tariffs cost the company 1.3 billion euros in the first half of...
- Volkswagen says trade tensions, EV costs to weigh on profitsVolkswagen anticipates its annual operative profit will be at the lower end of its projection, joining other carmakers in lowering expectat...
- Porsche AG Q1 Results: Operating profit drops 30% to $1.37 billion on ramp-up costsPorsche finance chief Lutz Meschke said that while demand in China remained challenged the company would not compromise on margins by steer...
- European shares flat as Volkswagen, Aurubis offset energy boostThe oil and gas sector added 1.6% as crude prices rose due to tightening supplies and expectations that the OPEC+ group of oil producers wo...
- Volkswagen says supply jams here to stay as earnings stagnateVolkswagen said supply bottlenecks were the new norm as its third quarter earnings stagnated below pre-pandemic levels, under the burden of...
- Ukraine war throws VW outlook into question, CEO warnsWorld No. 2 carmaker Volkswagen warned on Tuesday that semiconductor shortages, supply bottlenecks, high commodity prices and the Russia-Uk...
- European shares rise on Ukraine hopes; Volkswagen surges on strong resultsAuto stocks climbed 4.1% to lead gains among sectors. Volkswagen AG surged 6.6% as higher prices and a more favourable product mix boosted ...
- Volkswagen weathers pandemic with $10.7 billion profitVolkswagen common shares traded 1.2% higher after the earnings statement. More financial details are to be announced March 16 at the compan...
- European shares inch lower as healthcare stocks dragShares in BP, Total and Royal Dutch Sell gained between 1.7% and 2.6% as crude prices rose on the back of lower-than-expected rise in U.S. ...
- Volkswagen sales down 23% in Jan-March, March alone off 37.6%In March alone, deliveries were down 37.6% overall at 623,000 vehicles, the figures showed, reflecting the coronavirus crisis which trigger...
- Volkswagen group units merge into single Skoda-led entityThe merged entity, which includes - Volkswagen India, Volkswagen Group Sales India and Skoda Auto India, would be led by Gurpratap Boparai,...
- India to play key role in emerging market products & strategy: Jurgen Stackmann, VolkswagenVolkswagen’s new thrust on emerging markets and regions will see India as a major gainer, says head of sales and marketing at Volkswagen Pa...
- Volkswagen overtakes Toyota as world's biggest carmakerVolkswagen overtook Toyota as the world's largest carmaker by sales in the first half year, achieving its long-held ambition three years ah...
- VW posts quarterly profit of 2.2 billion eurosDespite the strong gain, VW did not raise its full-year outlook, though the targets are considered prudent by many analysts.
- Suzuki posts small gain on robust sales in IndiaSuzuki said that net profit rose 5.4 per cent to 28.9 billion yen (312 million dollars) in the last financial year.
- Scania says 2Q profits up more than 50 pc on higher volumes,pricesSwedish truck maker Scania AB on Friday posted a 51-per cent rise in second-quarter profits, boosted mainly by higher volumes for its vehic...
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