Seeking Alpha

Seeking Alpha Portfolio App for iPad

571 people get VLKAY.PK articles and Market Currents by email alert.

Get email alerts on VLKAY.PK »

VLKAY.PK

Volkswagen A G Spons

6/20/2013, 12:26 AM ET

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Thursday, January 24, 10:06 AM Automakers General Motors (GM +1.2%), Volkswagen (VLKAY.PK), and Hyundai (HYMLF.PK) could benefit as China's government considers tighter emissions standards on vehicles with smog (twitpic) in Beijing and other major cities bordering on intolerable - not to mention unhealthy - levels. Any action by the government to set vehicles standards would play into the favor of the foreign manufacturers with Chinese automaker well-behind on the technology front. Comment! [Global & FX, Consumer]
Tuesday, January 15, 1:00 PM More news from the Detroit Auto Show: 1) The new Lexus IS sedan from Toyota is unveiled to positive initial reviews. The mix of a sporty look, luxury, and performance looks promising. 2) Kia plans to enter the premium sedan market in the U.S. with the 2014 Cadenza model. The automaker hasn't set pricing, but it could be below high-end alternatives. 3) Nissan unwraps its Resonance crossover. The look is called "futuristic." 4) The overall tone from this year's auto confab is that demand for style is back. Sportscars are hot and electric vehicles are not. (previous recaps) 3 Comments [Consumer]
Monday, January 14, 2:51 PM Luxury cars are a big focus at the Detroit Auto Show with a larger number of automakers than typical unveiling new models for high-end buyers after demand improved last year in the segment. Though plans by General Motors (GM) and Ford (F) to hype their Cadillac and Lincoln brands, respectively, comes as no surprise - entries by Hyundai (HYMLF.PK), Acura (TM), and Audi (VLKAY.PK) are creating a stir in the industry. 7 Comments [Consumer, Global & FX]
Friday, January 11, 8:24 AM Volkswagen (VLKAY.PK) says it capped off 2012 with a 31% Y/Y increase in sales for December to 518K units. For the year, the German automaker saw its China sales rise 25% and U.S. sales jump 35% with the Golf model a major contributor in both nations. Comment! [Consumer]
Monday, January 7, 2:06 PM Google isn't the only company pushing the self-driving car initiative as Audi (VLKAY.PK) announces it received permission from Nevada to operate a driverless car on roads. Despite the buzz over the concept, early adoption of the technology might not look like much more than new versions of cruise control or self-parking features. But down the road, the sky is the limit. Google already has logged 300K miles of accident-free autonomous driving while Toyota promises to unveil its futuristic vision at the 2013 Consumer Electronics Show. Comment! [Consumer]
Thursday, January 3, 2:48 PM U.S. auto sales wrapup: After all is said and done automakers see 2012 end with close to 14.5M vehicles sold in the U.S., up 13% from 2011. A strong December for Ford, GM, and Chrysler capped off the year, while Japanese automakers improved sales dramatically from last year's earthquake-ravaged mark but fell short of the estimates of analysts. South Korean automakers Kia and Hyundai felt the sales sting from a flap over inflated fuel rating claims, while in the luxury market BMW edged out Audi and Mercedes. On tap: Can the industry sell 15M cars in 2013? 15 Comments [Consumer]
Wednesday, January 2, 1:11 PM Car registrations in Italy fell to their lowest levels in more than 30 years as only 1.402M units were tallied by the country's infrastructure and transport ministry, a drop of 19.9% compared to a year ago. Volkswagen (VLKAY.PK) performed better than many rivals in the nation by only seeing sales tail off 18.3% for the year, while Fiat (FIATY.PK) sold a disappointing 415K vehicles on its home turf. 1 Comment [Global & FX, Consumer]
Wednesday, January 2, 7:20 AM Automobile industry forecasters predict robust vehicle sales in the U.S. in 2013 as the momentum picked up in the sector in 2012 carries through into the new year. Polk's Anthony Pratt sees a larger focus on large pickup trucks this year, while a large slate of new models could also help stoke up demand. Fiscal cliff drama and a spurt of nasty winter weather in the last week of 2012 could have also pushed some sales forward. 5 Comments [Consumer, Global & FX]
Wednesday, January 2, 5:51 AM New-vehicle registrations are expected to grow to 15.3M this year, research firm Polk says, with actual sales possibly reaching 15.4M from 14.4M in 2012 as the industry benefits from increased loan and lease access for consumers, and from refreshes in the midsize-car segment. Sales are also expected to top 16M in 2014 for the first time since 2007. The sales figures for 2012 are due tomorrow. 5 Comments [Consumer]
Thursday, December 20, 2012, 2:10 PM Electric Vehicle roundup: 1) Tesla Motors (TSLA -0.6%) sets its pricing for Europe and says in a blog post profits will be uniform across markets. 2) Cadillac (GM +0.2%) will unveil its 2014 ELR model at a major auto show next month. 3) It's a good start for Ford's (F -0.8%) C-Max hybrid; sales and reviews point to a competitive entry into the market. 4) German automakers will bring at least seven new electric models to the market in 2013, led by Volkswagen (VLKAY.PK) and BMW (BAMXY.PK). The Western European plug-in market is forecast to grow to over 70K vehicles sold. 7 Comments [Consumer]
Tuesday, December 18, 2012, 8:23 AM A sobering thought for automakers circling around today is that gas mileage ratings need to be accurate or profits could be pinched. The development comes after Hyundai (HYMLF.PK) and Kia Motor (KIMTF.PK) tell U.S. senators they will allow owners of vehicles with overstated fuel economy ratings until the end of 2013 to file for compensation. The bill for the pair of Asian automakers could topple $100M each. 11 Comments [Consumer, Global & FX]
Monday, December 17, 2012, 3:23 PM Automakers are willing to give up a bit of profits in order to win out on year-end rankings. In the luxury market, BMW and Mercedes-Benz are fighting for the top spot with new rebate deals while in the muscle car segment Chevrolet Camaro and Ford Mustang tangle for the number one ranking. The spirited promotional stance bodes well for December auto sales numbers, but could temper the start to 2013. 2 Comments [Consumer, Global & FX]
Friday, December 14, 2012, 8:38 AM Are the Big Three (GM, FIATY.PK, F) exiting Europe fast enough? Another month of double-digit (Y/Y) declines in registrations on the continent and ongoing losses don't even tell the whole story. It's a case of the rich getting richer and the poor getting poorer with German automakers Daimler (DDAIF.PK), BMW (BAMXY.PK), and Volkswagen (VLKAY.PK) on the right side of the equation and Detroit's trio stuck in the mud. 4 Comments [Consumer, Global & FX]
Monday, December 10, 2012, 6:54 AM Fiat (FIATY.PK) CEO Sergio Marchionne wants to bring a pitched battle with Volkswagen (VLKAY.PK) to the U.S. The automaker plans to target current Volkwagen owners with special rebates designed to lure them to a new Chrysler model. In Europe, the two companies have tangled heatedly over pricing. Comment! [Consumer, Global & FX]
Monday, December 3, 2012, 10:28 AM Volkswagen (VLKAY.PK) November U.S. sales: +29.3% to 36,728 vehicles in the automaker's best November for sales since 1973. Passat and Tiguan SUV set November sales records, while the number of Beetle vehicles sold grew at a 20% clip. The automaker says it saw increased volume in the Northeast as storm-ravaged vehicles were replaced. Comment!
Thursday, November 29, 2012, 2:24 PM The L.A. Auto Show launches tomorrow for the public with over 20 new models from major automakers set to be unveiled. The showcase for electric vehicles will get even closer attention this year with the field of players getting more crowded. While a number of the new models are concept cars and nostalgia-driven retreads, a few new offerings have mass adoption as a goal. Look for the Fiat 500e, the Chevrolet Spark EV, and BMW's powerful Concept series to grab a lot of the EV spotlight - while Ford hopes to generate a buzz with its jump back into minivan business. (live blog) 1 Comment [Consumer, Global & FX]