Volkswagen VZ Stock News

Die Aktien von Volkswagen DE0007664039 haben sich am Donnerstag im sehr stark erholten Marktumfeld nach Geschäftszahlen etwas weniger gut geschlagen.

Der Volkswagen DE0007664039-Konzern hat im ersten Quartal weniger umgesetzt und verdient als von Experten erwartet.

Valuation changes to vehicles in transit as a result of U.S. President Donald Trump's tariffs policies were among the factors weighing heavily on Volkswagen's operating results in the first quarter, which fell to 2.8 billion euros from 4.6 billion last year.

German carmaker Volkswagen said on Wednesday its sales climbed 3% to 78 billion euros ($85.32 billion) in the first quarter, compared to 75.5 billion euros a year ago.

The automaker has been hit by intense competition in China that has seen rivals cut prices to win customers in its largest market.

Volkswagen's truck unit Traton reported a 10% drop in first-quarter deliveries on Wednesday, citing challenging market environment.

German carmaker Volkswagen saw a slight rise in vehicle deliveries during the first three months of the year, helped by growing demand in almost all markets.

Kia Motors Corp. (OTC:KIMTF) has cut its 2030 electric vehicle (EV) sales target by more than 20%, becoming the latest carmaker to lower expectations amid faltering global demand and growing trade uncertainty. The South Korean carmaker now expects to sell 1.26 million battery-electric vehicles by the end of the decade, down from the 1.6 million target announced last year.