Volkswagen AG

Volkswagen AG engages in the production and sale of passenger cars and light commercial vehicles. The firm also develops vehicles and components for the brands of the group. It operates through following segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment includes the development of vehicles, engines and vehicle software, the production and sale of passenger cars and light commercial vehicles, and the corresponding genuine parts business. The Commercial Vehicles segment covers the development, production, and sale of trucks, and buses, and the corresponding genuine parts business and related services. The Power Engineering segment deals with the development and production of large-bore diesel engines, turbomachinery, and propulsion components business. The Financial Services segment involves dealer and customer financing, leasing, banking, insurance, and fleet management services. The company was founded on May 28, 1937 and is headquartered in Wolfsburg, Germany.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Volkswagen AG engages in the business of developing vehicles and components for the brands of the group. It operates through the following segments: Passenger Cars and Light Commercial Vehicles; Commercial Vehicles; Power Engineering; and Financial Services. The Passenger Cars and Light Commercial Vehicles segment includes developing vehicles, engines, and vehicle software; producing and selling passenger cars and light commercial vehicles; and the corresponding genuine parts business. The Commercial Vehicles segment focuses on trucks, buses, corresponding genuine parts business, and related services. The Power Engineering segment is involved in large-bore diesel engines, turbomachinery, and propulsion components business. The Financial Services segment provides dealer and customer financing, leasing, banking, insurance, and fleet management services. The company was founded on May 28, 1937 and is headquartered in Wolfsburg, Germany.

Porsche Automobil Holding SE

Matthias Wacker takes on the role as Director, After Sales effective July 1, 2024 Matthias Wacker takes on the role as Director, After Sales effective July 1, 2024

Porsche Cars Canada appoints new head of After Sales

British American Tobacco

Altria

The stocks of iconic brands are en masse. However, the informational asymmetry linked to the financial markets means that few are undervalued.

3 Iconic Brands Offering Both 5% Yields and 50% Upside at Current P/Es

Rivian Automotive

Rivian Automotive, Inc. stock surged after Volkswagen's investment, settling around $14, above moving averages. The Volkswagen deal validates Rivian, reduces risks, and aids in production expansion and distribution. Investor day highlighted cost reduction focus, production goals, and potential for selling puts as an investment strategy.

Rivian: Here's My Game Plan After The VW Deal And Investor Day

Management is aggressively cutting costs through its performance program and recently announced bullish 2030 profitability targets. Protectionism and deglobalization will protect Volkswagen from Chinese EVs. Concerns over Volkswagen's Chinese business are overblown because it accounts for a fraction of Volkswagen's income.

Volkswagen: China Concern Overblown, Valuation Looks Attractive

The partnership announced Tuesday between Rivian (RIVN) and Volkswagen (VWAGY) may set the path forward for traditional automakers and EV companies as the market for electric vehicles (EVs) continues to grow.

What's Next for US EV Makers After $5B Rivian-Volkswagen Deal?

Atlanta, June 27, 2024 (GLOBE NEWSWIRE) -- Porsche has earned the number one ranking in the luxury segment in the J.D. Power 2024 U.S. Initial Quality Study (IQS), released Thursday.

Porsche earns top spot among luxury brands for new vehicle quality in J.D. Power 2024 U.S. Initial Quality Study

John Cappella succeeds Joe Lawrence to lead operations at Porsche Cars North America John Cappella succeeds Joe Lawrence to lead operations at Porsche Cars North America

John Cappella appointed as Executive Vice President and Chief Operating Officer at Porsche Cars North America

China's SAIC Motor and German carmaker Volkswagen have signed several energy technology cooperation agreements related to their SAIC Volkswagen joint venture in China.

Carmakers SAIC and Volkswagen sign energy technology cooperation agreements

A few camouflaged Audis arrived secretly from Germany early this year at a facility of electric vehicle (EV) maker Rivian in California, where some 30 engineers stripped the electronics and fitted them with the U.S. startup's harnesses and modules.

Focus: Cloaked Audis, covert CEO meeting: how VW's $5 bln Rivian bet transpired

Shares of electric vehicle maker Rivian Automotive (ticker: RIVN) are soaring, with the stock up more than 40% in premarket trading as of the time of this writing. The reason for the stock surge?

Rivian stock price soars after Volkswagen announces $5 billion investment in the EV maker

Shares of Rivian Automotive RIVN are trading higher Wednesday on the heels of an announced $5-billion investment by Volkswagen AG VWAGY.

Volkswagen's Rivian Investment 'De-Risks' Future Growth Plans But 'Funding Isn't Free': 7 Analysts Size Up JV News Against 'Challenging Backdrop For EVs'

An up to $5 billion investment in Rivian Automotive Inc (NASDAQ:RIVN) from automaker Volkswagen Group (XETRA:VOW) is a game-changer for the electric vehicle maker, Wall Street analysts believe. Investors appear to agree with them, sending shares of Rivian 28% higher in early trade on Wednesday to about $15.30.

Rivian's up to $5B investment from Volkswagen a ‘game-changer,' analysts believe

Aptiv

Electric vehicle (EV) part manufacturer Aptiv PLC (NYSE:APTV) stock is dropping to four-year lows today, down 8.3% at $67.25 at last glance, after Piper Sandler downgraded the stock to "underweight" from "neutral.

Aptiv Stock Seeing Headwinds from Rivian-Volkswagen Deal

Rivian stock surged early Wednesday after it announced a joint venture with Volkswagen, which includes plans for a $5 billion cash infusion.

It Was Never Apple. Rivian Goes With Volkswagen Partnership To Ease Cash Burn But Will It Work?

Volkswagen , Europe's biggest carmaker, plans to spend as much as $5 billion on an electric vehicle (EV) software partnership with U.S.-based Rivian.

Explainer: What's behind Volkswagen's $5 bln EV software bet on Rivian?

Rivian gets the thing it needs most out of its deal with Volkswagen: cash. What Volkswagen VOW3 -2.58%decrease; red down pointing triangle receives in exchange is less clear-cut.

Rivian's Lifeline Is a $5 Billion Gamble for Volkswagen

Rivian Automotive Inc. drew praise from at least two analysts on Wednesday as its stock rallied in premarket trades on the electric vehicle maker's joint venture with German care giant Volkswagen.

Rivian's VW partnership seen as ‘game changer' for the company's prospects

Volkswagen's $5 billion investment in electrical vehicle startup Rivian is a “catch-up move” for the German auto maker, according to Cyrus Mewawalla, head of thematic intelligence at GlobalData. However it could take years for the move to pay off, he told CNBC's "Street Signs Europe.

Rivian investment a ‘catch-up move' for Volkswagen that could take years to pay off, GlobalData's Mewawalla says

Rivian Automotive surged 36% premarket on Wednesday after a $5 billion investment from Volkswagen offered the loss-making startup more firepower to scale production in a slowing electric-vehicle market.

Rivian jumps on Volkswagen's $5 billion 'vote of confidence' investment

Volkswagen is recalling over 271,000 vehicles in the U.S. due to deactivated front passenger air bags when the seat is occupied, the U.S. National Highway Traffic Safety Administration said on Wednesday.

Volkswagen to recall over 271,000 U.S. vehicles citing deactivated airbags

Ford Motor Company

The EV maker has added about $6 billion in market value since announcing its partnership with Volkswagen.

Rivian Stock Is Up 50% on VW Deal. Should Ford Have Seller's Remorse?

Volkswagen shares declined after the German automaker announced a joint venture with Rivian Automotive to develop vehicle software, evidence of the moves the company is making to bolster its technology.

VW shares slip on plan to spend up to $5 billion in Rivian deal

Shares in Volkswagen , Europe's largest carmaker, fell 1.4% in early trade on Wednesday after saying it would invest up to $5 billion as part of a planned joint venture with electric vehicle maker Rivian.

Volkswagen shares fall after $5 billion Rivian deal

Volkswagen Group (XETRA:VOW) is set to invest £3.9 billion (US$5 billion) in Rivian Automotive Inc (NASDAQ:RIVN), the American EV maker, in a joint venture which will give the German automobile company access to the start-up's technology.  Another £3.15 billion will be invested within the next two years, the carmaker added.

Volkswagen breathes life into Rivian with bumper investment

Rivian (RIVN) shares soared 50% in extended trading on Tuesday following news that German automaker Volkswagen (VWAGY) plans to invest $5 billion in the electric vehicle (EV) startup as part of a joint venture to create industry-leading vehicle software technology.

News for Volkswagen AG Stock (VWAGY)