Tag: VW

Audi abandons split model names for ICE and EV models

Audi has reversed its new model naming strategy that differentiated combustion-engined models from electric models using odd and even numbers. The move comes after customer and dealer feedback confirmed the new system was causing confusion. Under the original plan, ICE cars, including plug-in hybrids, were assigned the numbers 1, 3, 5 and 7, while EVs were assigned 2, 4, 6 and 8. At… Continue reading Audi abandons split model names for ICE and EV models

Raymond James downgrades Aptiv on industry, tariff headwinds; stock falls

Investing.com — Raymond (NSE:RYMD) James cut its rating on Aptiv (NYSE:APTV) shares to Market Perform from Outperform due to persistent challenges in the automotive industry and the potential impact of recent tariffs on the company’s operations. The firm also slashed its estimates for the stock well below the consensus. Aptiv shares fell more than 5%… Continue reading Raymond James downgrades Aptiv on industry, tariff headwinds; stock falls

3 Surging EV Stocks Leaving the Competition in the Dust

The narrative around electric vehicle (EV) stocks in 2024 was a bit misleading. If you didn’t dig into the numbers, you might have assumed that EV sales in the U.S. were declining, but that simply wasn’t the case. The U.S. EV industry grew its sales, just perhaps not at the fast pace automakers and investors… Continue reading 3 Surging EV Stocks Leaving the Competition in the Dust

German Manager Magazin: BMW, Mercedes-Benz and Volkswagen: Trump’s trading policy burdens German car and truck values003932

A impending US trade war With important partners, car and truck shares pulled down heavily at the start of the week. US President Donald Trump (78) imposed on imports from the neighboring countries of Mexico and Canada Customs of 25 percent, only 10 percent on energy imports from Canada. On all imports China an additional… Continue reading German Manager Magazin: BMW, Mercedes-Benz and Volkswagen: Trump’s trading policy burdens German car and truck values003932

German Manager Magazin: Stock Exchange: Donald Trump’s tariffs pull DAX and cryptocurrencies down, auto stocks under print003931

The fear of a trade war triggered a price slide on Monday at the German stock market and suddenly ended the latest record hunt for the DAX. The German leading index dropped vigorously in the morning and recently noted around 2 percent weaker with 21,299 points. On Friday he had reached a record high with… Continue reading German Manager Magazin: Stock Exchange: Donald Trump’s tariffs pull DAX and cryptocurrencies down, auto stocks under print003931

Global car industry in firing line of Trump’s tariffs on Mexico, Canada

U.S. automaker Tesla encouraged its Chinese suppliers to set up plants in Mexico in 2023 to supply the factory it was planning to build in the country from early 2025, but its plans have not materialised. U.S. President Donald Trump has imposed 25% tariffs on imports from Mexico, Canada and a fresh 10% duty on… Continue reading Global car industry in firing line of Trump’s tariffs on Mexico, Canada

Aston Martin to launch first EV by 2030 after hybrid model blitz

Aston Martin will rapidly expand its hybrid line-up and increase the number of model variants it offers in the coming years, according to new boss Adrian Hallmark – and it will launch its first electric vehicle before the end of this decade. Former Bentley boss Hallmark took over as CEO of the sports car firm… Continue reading Aston Martin to launch first EV by 2030 after hybrid model blitz