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June 28, 2016
The Volkswagen stock price popped 2.57% to $27.55 Tuesday on settlement news.
The embattled automaker today announced what regulators called "significant environmental and consumer relief."
December 17, 2015
Volkswagen AG (OTCMKTS: VLKAY) made some drastic changes to its senior management team today (Thursday), and the Volkswagen stock price is up 0.4% on the news.
The embattled German automaker announced it reduced the number of managers directly reporting to CEO Matthias Muller by almost half. It also added five new members to his executive team.
December 9, 2015
The Volkswagen stock price climbed more than 6.5% today, and it's now up more than 36% from its 52-week low of $22.71.
But don't expect the Volkswagen AG (OTCMKTS ADR: VLKAY) stock price rally to continue in 2016.
October 28, 2015
The VW stock price climbed 3.7% in Europe today (Wednesday) despite dismal Q3 earnings and its first quarterly loss in 15 years.
The German automaker also issued a full-year profit warning. Company officials said they expect 2015 operating profits to be down sharply year over year.
October 7, 2015
Millions of investors have picked up shares of VW stock with the hope of making a killing on the rebound. But that's a mistake.
We're going to talk about why today and, while we're at it, take a quick look at the trade recommendation I gave you last week to play the situation.
It's returned 15% in just eight trading sessions and is primed for a whole lot more in the months ahead.
VW's "Dieselgate" could end up being one of the most expensive, avoidable disasters in the world…
VW set aside $7.2 billion to deal with the scandal, but according to Credit Suisse's most conservative estimates, that's not nearly enough.
September 24, 2015
A Volkswagen scandal is playing out on the world's stage this week – one that could be "an extinction-level event for VW as we know it today," according to Money Morning Chief Investment Strategist Keith Fitz-Gerald.
Volkswagen AG (OTCMKTS ADR: VLKAY) stock plunged 17.1% Monday after the 78-year-old company confessed it deliberately programmed more than 500,000 vehicles to emit lower levels of emissions during official testing than when they're on the road. Over the last five sessions, VLKAY stock fell 29.4% in heavy trading.
Is this only the beginning of the reputational fallout for VW, or has the worst passed?
September 23, 2015
The Volkswagen AG (OTCMKTS ADR: VLKAY) stock price climbed 6% to $26.95 this morning (Wednesday) despite new questions about its diesel emissions scandal.
The biggest news of the day revolved around CEO Martin Winterkorn, who announced his resignation from the company shortly after 11:00 a.m. ET.
January 12, 2015
Money Morning's "unloved" stock to buy this week is German automaker Volkswagen AG (OTC ADR: VLKAY).
An unloved investment is one that's been beaten down – but is actually a great value. Investors then get an amazing entry point into a good long-term investment.
While Volkswagen stock had a tough 2014, Money Morning Chief Investment Strategist Keith Fitz-Gerald prefers VLKAY to trendy Tesla Motors Inc.
Investors don't like Volkswagen's zeal for acquisitions and worry about falling U.S. sales.