Latest news with #VWAGY
Yahoo
04-07-2025
- Automotive
- Yahoo
Audi's U.S. Meltdown: 6 Straight Quarters of Decline--But a Radical Pivot May Be Coming
Audi, the premium brand under Volkswagen (VWAGY), just posted its sixth consecutive quarterly sales drop in the U.S.a 19% decline in Q2 deliveries, with the top-selling Q5 SUV falling off a cliff at -29%. And yet, in a surprising move, Audi isn't raising prices in July. Instead, it's eating the margin pressure, likely to avoid losing even more ground in a market that's becoming increasingly brutal for German automakers. Warning! GuruFocus has detected 4 Warning Sign with VWAGY. The pain isn't just cyclicalit's structural. Audi, like Porsche, still doesn't build any cars in the U.S. Its models are imported from Europe and Mexico, leaving them vulnerable to tariffsa legacy of Trump-era trade policy that continues to bite. And with Chinese EV giants like BYD (BYDDF) undercutting prices in their home market and stealing market share, Audi now finds itself squeezed on both ends: fading in China and flailing in the U.S. That might explain why Audi's CFO Jurgen Rittersberger is finally signaling a shift. In May, the company said it would pick a U.S. production site this year, and it's reportedly exploring synergies with VW's Scout brand and the existing Tennessee plant. If Audi pulls the trigger, it could be a long-overdue hedge against trade riskand possibly a lifeline in what's shaping up to be a make-or-break U.S. strategy. This article first appeared on GuruFocus.
Yahoo
04-07-2025
- Business
- Yahoo
Apple's China iPhone Sales Finally Turn Positive
You know how Apple's been wrestling with flat iPhone (NASDAQ:AAPL) sales in China for the past couple of years? Well, that streak finally ended in Q2 2025, with Counterpoint Research reporting an 8% year-over-year bump. Warning! GuruFocus has detected 4 Warning Sign with VWAGY. The real catalyst? Apple's well-timed price cuts in Mayright before China's massive 618 shopping festivaland strong demand for the new iPhone 16 Pro and Pro Max. Interestingly, while the overall 618 festival volumes didn't budge much compared to last year, most of the growth happened in May. That's when three of Apple's iPhone models stormed into the top half of the bestseller charts. No wonder Apple shares popped over 2% early Thursdaythey've been down about 15% so far this year amid tariff threats and stiff competition. Speaking of rivals, Huawei isn't sitting idle. Counterpoint expects Huawei to overtake everyone in Q2, fueled by loyal customers swapping out older devices for its latest handsets. In other words, Apple's rebound is a big win, but the battlefield in China is more intense than ever. Bottom line: Apple showed it still knows how to play the premium handclever pricing, flagship models and perfect timing can move the needle, even in a market that's been stubbornly flat. Now the real test is whether this momentum sticks once the glow of 618 fades and Huawei fires back with its next launch. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
04-07-2025
- Business
- Yahoo
Apple's China iPhone Sales Finally Turn Positive
You know how Apple's been wrestling with flat iPhone (NASDAQ:AAPL) sales in China for the past couple of years? Well, that streak finally ended in Q2 2025, with Counterpoint Research reporting an 8% year-over-year bump. Warning! GuruFocus has detected 4 Warning Sign with VWAGY. The real catalyst? Apple's well-timed price cuts in Mayright before China's massive 618 shopping festivaland strong demand for the new iPhone 16 Pro and Pro Max. Interestingly, while the overall 618 festival volumes didn't budge much compared to last year, most of the growth happened in May. That's when three of Apple's iPhone models stormed into the top half of the bestseller charts. No wonder Apple shares popped over 2% early Thursdaythey've been down about 15% so far this year amid tariff threats and stiff competition. Speaking of rivals, Huawei isn't sitting idle. Counterpoint expects Huawei to overtake everyone in Q2, fueled by loyal customers swapping out older devices for its latest handsets. In other words, Apple's rebound is a big win, but the battlefield in China is more intense than ever. Bottom line: Apple showed it still knows how to play the premium handclever pricing, flagship models and perfect timing can move the needle, even in a market that's been stubbornly flat. Now the real test is whether this momentum sticks once the glow of 618 fades and Huawei fires back with its next launch. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-06-2025
- Automotive
- Yahoo
Bentley is in limbo as tariffs remain unclear: What to know
The EU is looking to enact a 10% tariff across the board. Additionally, Bentley (VWAGY) is holding back inventory as tariff uncertainty clouds US import plans. Yahoo Finance Senior Reporter Pras Subramanian explains how this affects automakers and how the lack of a finalized US–UK deal is forcing Bentley to go month-to-month on its pricing strategy. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Meanwhile, the European Union weighing a 10% tariff deal as President Trump's July deadline now looms. For more what this means for carmakers, let's get to our senior autos reporter, prize Sumerian prize. Yeah, I mean, this is kind of a big deal for European automakers like BMW and Mercedes, that that to bring that down the sector tariffs is 25% to 10% will be a huge deal for them, uh, based on the fact that so many of their cars are sold here. Uh, I mean, but, you know, the UK has a deal already supposedly with, with, uh, with the US and I spoke to the Bentley CEO about this, and they said, hold on, there's actually no details yet. Uh, the deal is supposedly been agreed to, but, uh, the UK government's still waiting for paperwork and an actual deal terms from the US government and, and, uh, UK government said it might take a few weeks still. So I spoke to the CEO about this, and he said, basically, since we don't have the deal actually, the terms yet and signed So he's saying I don't know. He's saying I just have a world of uncertainty I'm navigating. Yeah, so they, exactly, because they, they, you know, last month, they made the deal, made the announcement, but the deal has not actually been hasn't been signed yet, or come through yet. So he told me a few things they're doing, basically they're working month to month here on policy, uh, price protecting through the month of June, uh, people who have custom orders in place, they'll they'll honor those pricing agreements and they'll bring the cars in, but further inventory is going to be held in the UK until, uh, until further notice and, and basically, they just can't bring those vehicles in until they know what their exposure is going to be, because it could be a lot more, it could be a lot less who knows. So keeping it there, uh, they won't make any more decisions till next month. So month to month, we'll keep an eye on that, but they also have a new car out, new Bentayga Speed, SUVs are top selling SUV. I mean, the speed version is a VA powered truck. How much is that going to run us? Yeah, that's a big question. Around 300 grand, probably, but it's going to be only gas powered. It's just a change for them because they've been going heavily into hybrid, but they say, hey, you know what, our buyers want this option, and it'll be a very special car. So they're going to do it. I would assume that Bentley has a decent amount of pricing power at that level of customer that if they do end up if they get more clarity around the effect of the tariffs, if that's going to increase their costs that they can pretty easily pass that on to their customers or I mean, 10% is not that big of a jump from, let's say, 25. So a $300,000 car, you're talking about $30,000. So how much of that's going to go to the client and versus them? Half, uh, more than half, and that's part of the question they have to sort of answer themselves. But I think you're right, I think they, it's, it's, it's not a, it's not a fully elastic good, right? There is some, uh, ability to kind of waver here with pricing, but they can't go too far, right? Because margins are, I think the last, last year, they were around, uh, 14%, right? So there's only so much you can play with. And that's been coming down from 20 the year before. So that's the big question. Even if you're rich, you still want to feel like you're getting a good deal. That's why you have all the money. You don't pay, you don't need to. There you go. All right, thanks so much, Pras. Inicia sesión para acceder a tu portafolio
Yahoo
18-06-2025
- Automotive
- Yahoo
VW to sell ID. Buzz robotaxis next year, taking on Tesla and Waymo
Volkswagen-backed autonomous tech company MOIA is offering up a robotaxi of its own, which both mobility operators and regular people can buy next year. Using VW's (VWAGY) electric ID. Buzz as a donor vehicle, MOIA says it will create a 'turnkey solution' for those looking for an autonomous production vehicle, the company said from an event in Hamburg, Germany. MOIA's offering uses LiDAR, cameras, and radar combined with Mobileye's self-driving system and the company's own Autonomous Driving Mobility as a Service (AD MaaS) platform. MOIA said its AD MaaS software uses AI to manage fleets in real time and integrates into existing booking apps. In addition, the system meets key regulatory requirements for SAE Level 4 automated vehicles, MOIA said, using additional features like remote supervision and safe handling of emergency interventions on the streets. MOIA's all-in-one offering — car, self-driving software, and robotaxi platform — comes as Tesla (TSLA) prepares to begin its robotaxi test in Austin in a few days. 'Beginning in 2026, we will bring sustainable, autonomous mobility to large-scale deployment in Europe and the US, another milestone on our path to becoming a global technology driver in the automotive industry,' said Oliver Blume, Volkswagen Group CEO, in a statement. VW claims the 'MOIA Turnkey Solution' can be implemented by large commercial fleet operators, as well as individuals who want a fully autonomous solution for private use or business purposes. The ID. Buzz AD will be deployed on Uber's platform starting next year in Los Angeles. Tesla CEO Elon Musk has long seen this as the holy grail of private vehicle ownership, the ability to deploy a vehicle for robotaxi use when the owner doesn't need it. VW believes the ID. Buzz is a strong choice for robotaxi use. It features an extended wheelbase and raised roof for added space, sliding electric doors for ease of entry, four separate seats, and storage space both up front and in the rear. 'The ID. Buzz AD is purpose-built for autonomous mobility services. It's a cabin designed entirely around passenger needs – and the realities of driverless ridepooling or ridehailing,' Christian Senger, CEO of Volkswagen Autonomous Mobility said in a statement to Yahoo Finance. VW and MOIA did not say how much the vehicle would cost when it goes on sale. It is estimated that similar vehicles, like Waymo's (GOOG) bespoke Jaguar I-PACE, cost upwards of $100,000, though as one of the largest automakers in the world, VW may be able to save money since it owns the ID. Buzz platform and has advantages of scale. Waymo, the leader in the robotaxi space with 250,000 trips a week, announced it is expanding service in Los Angeles and San Francisco, and just revealed it is bringing service to New York City (but with a safety driver). And it's countering the cost issue by partnering with manufacturers like Toyota and China's Zeekr. The ride-hailing market in the US is already a big one and poised to explode. Goldman estimates the US market is worth approximately $58 billion currently, but could be worth more than $330 billion by 2030, with robotaxi-type services pushing the industry forward and reducing costs by — among other factors — not requiring a human driver. Pras Subramanian is the lead auto reporter for Yahoo Finance. You can follow him on X and on Instagram. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
