|Bid||142.82 x 207000|
|Ask||142.90 x 63200|
|Day's Range||142.46 - 145.10|
|52 Week Range||131.44 - 171.94|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||6.22|
|Earnings Date||Mar 14, 2016 - Mar 18, 2016|
|Forward Dividend & Yield||4.86 (3.13%)|
|1y Target Est||198.76|
In 2018, 44% of those hot hatchbacks left dealer lots with a manual transmission. Some enthusiasts might be sad to see that more are sold with an automatic, but this seems like a strong rate when you consider that the R and GTI are available with such an excellent dual-clutch transmission. Also, when only about a third of Toyota 86s are sold with a manual, this looks better and better.
Audi is also mulling an end to the $170,000 R8 sports car as Volkswagen’s biggest profit generator focuses resources on the rollout of 20 fully-electric cars by 2025. Sales of electrified vehicles, which include hybrids, are set to account for 40% of deliveries by then, Audi said Thursday at its annual shareholders meeting in Neckarsulm, Germany. “We’re shedding old baggage,” Chief Financial Officer Alexander Seitz said.
Germany's export-oriented car industry will not see a significant recovery from its current slowdown, the chief economist of Germany's Ifo institute said on Thursday. Germany's export dynamic is very weak, Klaus Wohlrabe said as the institute's business climate index, a key indicator of the economic sentiment in Europe's biggest economy, fell more than expected in May.
The United Auto Workers (UAW) union said on Wednesday it filed a new petition for a union election at Volkswagen AG's Chattanooga, Tennessee plant, after the U.S. agency in charge of enforcing labor law dismissed a previous one. Earlier today, the National Labor Relations Board (NLRB) asked workers at the Chattanooga plant to refile their petition, a day after three Democratic U.S. senators urged the German automaker's U.S. unit to drop efforts to delay the election.
The 2019 VW GTI hot hatchback has picked up yet another accolade besides being a perennial enthusiast favorite: the IIHS Top Safety Pick award. The Hyundai Elantra GT Sport also earned a Top Safety Pick, and the Subaru WRX earned a Top Safety Pick+. The GTI's available automatic emergency braking system also earned top marks for preventing a crash at speeds up to 25 mph. The GTI's available LED headlights also were rated as "Acceptable," which was enough for Top Safety Pick.
Seven new cars have received a full five-star rating in the latest Euro NCAP crash tests. Of these, five are available in the United States: the Audi E-Tron, Lexus UX, Toyota Corolla, RAV4 and Mazda3. The Mazda3 hatchback was the fourth car in Euro NCAP history to reach an adult occupant protection score of 98%, after the Volvo V40 and XC60 and the Alfa Romeo Giulia.
Audi took a big step into the plug-in hybrid game at the Geneva Motor Show this year, but details were light back then. Today, it's officially taking the wraps off the Q5 plug-in hybrid, which it calls a 55 TFSI e Quattro in Europe — we'll just forget that name exists. Audi even references the U.S. when providing specs and figures for its new crossover.
Earlier this month, the largest German automaker won its bid to put off a union vote for 1,700 workers at the Chattanooga plant until its challenge to a smaller United Auto Workers bargaining unit at the factory is settled. The National Labor Relations Board, in a 2-1 decision on May 3, granted Volkswagen's motion to stay an election petition filed by some of its workers last month. Senators Gary Peters and Debbie Stabenow of Michigan and Sherrod Brown of Ohio wrote to Scott Keogh, president of Volkswagen Group of America, on Tuesday, expressing "deep concern with delays" to the vote.
Volkswagen AG truck brand Scania said on Tuesday it will invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory in Sao Bernardo do Campo, an industrial city near Sao Paulo. The investment in the historic center of Brazil's auto industry follows Ford Motor Co's decision to exit the heavy truck business in South America and shut down its plant in the same city, which could benefit the remaining players in the sector.
China is also attracting much investment, with companies keen to increase their share of the world's largest car market and keep up with the country's push toward electric vehicles. Following are summaries of investments and restructuring efforts made by major automakers in the United States and China since 2017. Toyota Motor Corp has pledged to invest almost $13 billion in the United States between 2017 and 2021 to boost manufacturing capacity and jobs.
Volkswagen just revealed a bunch of new "concept cars" it plans on taking to SoWo 2019 (Southern Wörthersee). The European Experience in Savannah, GA is going to be where Volkswagen displays these unique designs/tuner cars, including everything from a Rabbit Confetti GTI to a lifted Tiguan. VW Golf Alltrack Combi ConceptThis wagon started life as a normal Alltrack before putting on a front bumper from the Golf GTE.
If you're looking for a three-row family crossover that boasts a ton space at a reasonable price, the 2019 Volkswagen Atlas needs to be on your list. The interior is enormous, boasting enough passenger space to comfortably fit even 6-footers in all three rows. In other words, the Atlas does a great job of providing the basics for a growing family.
It looks like Volkswagen (inadvertently?) just announced a small crossover for the U.S. at an event in Argentina. The crossover is reportedly going to be called the Tarek — not to be confused with the Tarok Concept truck — and will sit below the Tiguan in size. This news comes to us via Autoblog Argentina (unaffiliated with Autoblog) and was pointed out here in a report from Motor1.
U.S. President Donald Trump on Friday declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether to impose tariffs to allow for more time for trade talks with the European Union and Japan. The unprecedented designation of foreign vehicles imported to the United States from some of its closest allies sparked anger from automakers, dealers and foreign governments after a White House document hinted it would seek voluntary export quotas on autos from U.S. trading partners.
Automobiles from the European Union and Japan won’t be hit with U.S. tariffs for at least six months after President Donald Trump decided Friday to delay levies in favor of pursuing negotiations.
Bentley's 100th anniversary might be remembered more for the book that celebrates the milestone more than the cars. The carmaker worked with Opus, a "luxury publisher" with the tagline "Greatness immortalized greatly," on a tome that tells the story of the last 100 years. The limited-edition result of their work weighs roughly 66.5 pounds, is filled with exclusives, can be customized like a Bentley, and can cost more than a Bentley.
The report looks at how this fleet will transform transportation as China’s 421,000 electric buses join those millions of personal EVs. As the expanding electric fleet drives electricity demand up, it will also erode demand for millions of barrels of oil. BloombergNEF tracks more than $100 billion in investment between just four automakers — Volkswagen AG, Hyundai Kia Automotive Group, Chongqing Changan Automobile Co Ltd. and Daimler AG — with VW alone planning more than $50 billion.
U.S. President Donald Trump's decision to delay tariffs on imported cars offers hope that a renewed escalation of the trade conflict with the European Union could be prevented for now, German Economy Minister Peter Altmaier said on Friday. "We regret that the U.S. has designated car imports as a threat to national security," Economy Minister Peter Altmaier said, reflecting German concerns that U.S. trade policies could harm the country's vital automotive sector.
The carmaker entered two vintage Beetles into this year's Mille Miglia, both of them reproductions of Beetles that competed in 1954 and 1956. Volkswagen reconstructed gentleman racer Paul-Ernst Strähle's 1948 Pretzel Beetle that he raced in the 1954 Mille Miglia.
The White House is set to announce on Friday that President Donald Trump will delay a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan, people briefed on the matter said. Trump faces a Saturday deadline to make a decision on recommendations by the Commerce Department to protect the U.S. auto industry from imports on national security grounds. Reuters and other outlets reported earlier this week that Trump was expected to delay the decision.
Playing the long game before unveiling the new Flying Spur, Bentley's published the second teaser for the new "luxury grand touring sedan." The last one homed in on the retracting "Flying B hood" ornament. This one focuses on what Bentley says is "an automotive world-first," three-dimensional textured leather lining the cabin.
If the United States imposes further tariffs of 25% on imports of cars and car parts, it could cost the German economy an extra 6 billion euros ($6.71 billion) a year, the managing director of Germany's DIHK Chambers of Commerce said on Friday. "But ultimately this would not only affect German manufacturers, but also consumers in the United States," Martin Wansleben said in a statement. U.S. President Donald Trump is expected to delay a decision on imposing tariffs on imported cars and parts by up to six months, three Trump administration officials told Reuters, avoiding opening yet another front in his global trade battles.
PARIS (Reuters) - European car sales fell 0.5% in April, the main regional industry group said on Friday, led by sharper monthly declines for Nissan, Ford and Volkswagen. Registrations fell to 1.345 million ...