By David Shepardson WASHINGTON (Reuters) -The United Auto Workers union said on Wednesday it is launching a first-of-its-kind push to publicly organize the entire nonunion auto...
By Alexander Marrow and Darya Korsunskaya MOSCOW (Reuters) - Russia's industrial output growth slowed in October as the unemployment rate dropped to a record low 2.9%, federal...
By Gleb Stolyarov MOSCOW (Reuters) - Furloughed workers at Volkswagen (ETR:VOWG_p)'s former plant in Russia are being offered redundancy, according to the union representing them,...
NEW DELHI - Leading car manufacturers Maruti Suzuki, Tata Motors (NYSE:TTM), Audi, and Mercedes-Benz (OTC:MBGAF) are set to increase vehicle prices starting January 2024. The...
BERLIN (Reuters) -Volkswagen's 10 billion euro ($10.9 billion) savings programme will include staff reductions, managers told staff on Monday as brand chief Thomas Schaefer warned...
Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla’s China price change; Ford resumes construction; and VW boosts...
By Stephen Culp NEW YORK (Reuters) -U.S. stocks ended little changed in holiday-shortened trading on Friday, with low volume and conviction as investors watched the start of the...
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) - Germany's intensifying budget crisis is hitting Europe's top economy where it hurts most: its reputation...
By Joe Bavier JOHANNESBURG (Reuters) - A senior Volkswagen (ETR:VOWG_p) executive involved in a global cost-cutting strategy said on Friday he was "very worried" about the future...
Volkswagen (ETR:VOWG_p) (VW) announced Friday its plans to create a new platform for affordable electric vehicles in China. The company aims to incorporate more locally sourced...
Who would say lost jobs in US and weak market in US can be such benefit for EU car makers, lets see how high we can go now
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Next stop 85e
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Looks like double bottom is in today. ^^
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I guess big money will hunt the stop loss orders at 105€ to create more liquidity and buy in big time. For the upside I do not expect much to happen in September and/or on any Friday.
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Hope it will fall below 100€ for even better buying opportunities
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Game over
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Seems like the stock is entering the sideways moving consolidation phase. Hop on or be left out. ^^
looking on volumes, from march its half the usual, and last 9 days we are on 15% of this half or 7-8% of the March volume. I wonder who is trying to push or get rid of it at these prices
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anyway it looks more like forced sells, but other wont sell this such low but not many interested buyers now, holding with those bleeding buying the dips on way down. but some good news could kick this up. i remember it went 15E from 128 to 142 in few hours just by some rumors
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Sideways?? This is falling since 2021!
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Stop loss hunting at its best. Seems like we have reached the bottom. Note: Today 14h CET, IAA Mobility fair in Munich, the German PM Olaf Scholz is to publicly announce cutting the price for the industrial use of electricity ('Industriestrompreis') as well as a subvention of over 6 bn € for the German automobile industry. There is also talks of prolonging the subvention for buying EVs in Germany.
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Just seen on CNBC: Volkswagen is third biggest EV seller in China, after Tesla and BYD.