Geopolitics Alpha

Volkswagen ‘Must Act Quickly’ After Largest Loss in Over a Decade

Published . Updated .

GEOPOLITICS ALPHAVolkswagen ‘Must Act Quickly’After Largest Loss in Over aDecadeVWAGYGEOPOLITICS ALPHA

The German carmaker warned that it “must act quickly and decisively” to cut costs.

Directly affected

  • VWAGY Volkswagen (ETR: VOW3)

    Named in this report.

Indirectly affected

  • CARZ First Trust S-Network Future Vehicles & Technology ETF

    First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “carmaker” (autos) in this story.

  • XLY Consumer Discretionary Select Sector SPDR+2.2% 19d

    Consumer Discretionary Select Sector SPDR: it holds carmakers and parts makers. Linked by “carmaker” (autos) in this story.

  • EWG iShares MSCI Germany ETF-3.5% 30d

    iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“german”).

  • TSLA Tesla+10.5% 30d

    Tesla (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story.

  • GM General Motors-5.4% 30d

    General Motors (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story.

  • TM Toyota Motor+2.2% 30d

    Toyota Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story.

  • F Ford Motor-11.6% 30d

    Ford Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
VWAGYNon-US listing (OTC); price checks may stay empty———————
CARZNo price data for this ticker———————
XLYNo price data for this ticker———————
EWGNo price data for this ticker———————
TSLANo price data for this ticker———————
GMNo price data for this ticker———————
TMNo price data for this ticker———————
FNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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The German carmaker warned that it “must act quickly and decisively” to cut costs.

Source: The New York Times

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Volkswagen ‘Must Act Quickly’ After Largest Loss in Over a Decade” scores 12 out of 100. The score uses 1 sources.