Volkswagen plans to sell Traton shares to cash out up to 1 billion euros
GLONGHUI, May 14 | German Volkswagen plans to sell a batch of shares in the heavy vehicle manufacturing business Traton, involving 1 billion euros, according to sources. Volkswagen and advisors discussed the placement of 500 million to 1 billion euros of shares to institutional investors, but no final decision was made. According to Traton's share price, €1 billion of shares is equivalent to 6% of the shares.
VW Is Said To Mull €500 Million To €1 Billion Traton Stock Sale In Coming Weeks
VW Is Said To Mull €500 Million To €1 Billion Traton Stock Sale In Coming Weeks
Express News | According to people familiar with the matter, German Volkswagen is considering cashing out on Traton SE (8TRA.GR) stock in the next few weeks.
Express News | Volkswagen Anhui increased its capital to 13.8 billion yuan
Three Big Things in Auto: China May Win on EVs, ICE Suppliers Are Undervalued and AI Is in the Mix
Warren Buffett-Backed BYD Aims To Outperform Tesla, VW, Stellantis As Europe's Leading BEV Seller: 'The Long Term Is To Produce Locally;'
Warren Buffett-backed Chinese automaker BYD Co Ltd (OTC:BYDDF) (OTC:BYDDY) has set its sights on becoming the top battery-electric vehicle (BEV) seller in Europe, aiming to surpass Volkswagen AG (OTC:
Express News | Thomas Schaefer, CEO of the Volkswagen brand: Discuss expanding the plug-in hybrid product line.
The double squeeze of high cost and low demand is still a “long way” for global automakers to become electrified
Recently, both European and Asian automakers warned that this will be a challenging year due to rising costs and falling demand for electric vehicles.
VOLKSWAGEN A G To Go Ex-Dividend On May 31st, 2024 With 0.96448 USD Dividend Per Share
May 3rd - $VOLKSWAGEN A G(VWAGY.US)$ is trading ex-dividend on May 31st, 2024. Shareholders of record on May 31st, 2024 will receive 0.96448 USD dividend per share on June 20th, 2024. The ex-divid
Volkswagen Brand Group Core: Volkswagen Passenger Cars, Skoda, SEAT/CUPRA and Volkswagen Commercial Vehicles Brands Each Contributed to 1Q Results
Volkswagen Brand Group Core: Volkswagen Passenger Cars, Skoda, SEAT/CUPRA and Volkswagen Commercial Vehicles Brands Each Contributed to 1Q Results
Express News | After Tesla, Volkswagen will also lay off employees: employees can receive 388,000 rewards if they leave their jobs early
Volkswagen to Produce 16 New Models in China With Local Partners
Volkswagen is launching a new series of electric vehicles in partnership with local companies, according to a press release from the German Automaker. The automaker unveiled ID. CODE at the Auto China
Lamborghini CEO: Luxury Buyers Have Accepted a Plug-in Hybrid Future
Stellantis And Volkswagen Are Off To A Slow Start
After the EV king, Tesla Inc (NASDAQ:TSLA) reported its biggest revenue drop since 2012, along with a sinking profit, Stellantis N.V. (NYSE:STLA) and Volkswagen AG (OTC:VWAGY) followed by reporting di
Volkswagen, Stellantis Stock Sliding on Soft Revenue and Demand
Earnings Call Summary | VOLKSWAGEN A G(VWAGY.US) Q1 2024 Earnings Conference
The following is a summary of the Volkswagen AG (VWAGY) Q1 2024 Earnings Call Transcript:Financial Performance:Volkswagen group sales revenue was slightly down by 1% year on year to €75.5 billion in Q
Express News | Volkswagen's chief financial officer said that the goal of electric vehicles as a share of total sales is being achieved steadily.
Volkswagen's Cash Outflow to Raise Eyebrows -- Market Talk
0729 GMT - Volkswagen's first-quarter results point to a downbeat start to 2024 which had been flagged by the company, but investors' focus is likely to be on the magnitude of its cash outflow, Jeffer
Volkswagen Group Profit Slides on Lower Sales Volume, Higher Costs -- Update
By David Sachs Volkswagen Group had a sluggish start to the year, posting a steep drop in earnings and lower revenue, but said it expects new orders to lift second-quarter results. The German carmak
Express News | Volkswagen's operating profit fell 20% due to sluggish sales and rising costs
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