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Volkswagen profit drops 20% in first quarter on lower sales

German carmaker Volkswagen on Tuesday said its operating profit dropped by 20% in the first quarter of 2024 compared to the the same period a year earlier. ....

Arno Antlitz , Volkswagen Group , Earnings Reports , Breaking News Markets , Business News ,

Stellantis reports sharp fall in revenue as it shifts portfolio

Global automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign exchange effects. ....

Natalie Knight , Financial Officer Natalie Knight , Breaking News Markets , Business News ,

Business News: Biden finally acknowledges Tesla's EV leadership after a year of silence

Biden finally acknowledges Tesla's EV leadership after a year of silence : Rashtra News #Biden #finally #acknowledges #Teslas #leadership #year #silence President Joe Biden publicly acknowledged Tesla for the first time in his presidency on Tuesday, noting the company's status as the nation's largest producer of electric vehicles.Biden's mention of Tesla came during a speech ....

United States , White House , District Of Columbia , Elon Musk , Joe Biden , National Labor Relations , Us National Labor Relations Board , Ford Motor , General Motors , Rivian Automotive , Labor Relations Board , National Labor Relations Act , Business News , Ford Motor Co , General Motors Co , Intel Corp , Mary Barra , Proterra Inc , Rivian Automotive Inc , Tesla Inc , Tritium Dcfc Ltd , Venture Capital ,