Volkswagen stock falls on mixed Q2 earnings, EV challenges

97,070 次觀看・3 個月前

Shares of Volkswagen (VWAGY, VOW3.DE) are moving lower after the German auto company reported mixed second quarter earnings, missing out on profit expectations which fell year-over-year. The automaker is facing cost-cutting challenges while trying to navigate a tough EV market.

Yahoo Finance senior autos reporter Pras Subramanian joins Catalysts to break down Volkswagen's results and that it means for the company moving forward.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Nicholas Jacobino