Volkswagen stock falls on mixed Q2 earnings, EV challenges

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 71 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 63%

Volkswagen 뉴스

Pras Subramanian,German Auto Company

Shares of Volkswagen (VWAGY, VOW3.DE) are moving lower after the German auto company reported mixed second quarter earnings, missing out on profit...

) are moving lower after the German auto company reported mixed second quarter earnings, missing out on profit expectations which fell year-over-year. The automaker is facingYahoo Finance senior autos reporter Pras Subramanian joins Catalysts to break down Volkswagen's results and that it means for the company moving forward.

I'm curious from your perspective, if you have derived sort of a thesis about the auto space throughout this earning cycle so far, given that this is just the latest print in the sector that seems to be relatively mixed.But does this feel like one of the worst quarters that we've seen in autos, at least in your career in your coverage?

Uh pressure on pricing those high prices of thing that the automakers enjoy for quite some time because inventory now are rising.So sales are kind of coming down, people want more incentives and that's gonna hurt margins. So in the auto space, there are some winners but you kind of got a look and they're not usually the usual suspects either pro that was awesome.British citizen among high-profile prisoners released in massive swap between Russia and the West

Gold futures are rising in Thursday's trading session, as commodity markets react to Federal Reserve Chair Jerome Powell's dovish comments regarding the outlook for rate cuts. Yahoo Finance senior markets reporter Ines Ferré breaks down how potential rate cuts in September could positively influence gold prices. For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

Lisa Kudrow Says She Realized the “Friends” Cast Was Providing a 'Mental Health Service' for Fans Post-9/11: 'It Hit Me'

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock market today: With US markets closed, Asian shares slip and European shares gainBANGKOK (AP) — Asian shares were mostly lower on Friday after solid gains in Europe overnight, while U.S. markets were closed for the July 4th holiday.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Asian shares are mixed after Wall Street breaks losing streakBANGKOK (AP) — Shares were mixed Tuesday in Asia after U.S. stocks closed broadly higher, as Big Tech stocks took back some of their recent sharp declines.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »