Luxury buyers are a fickle bunch. But Italian luxury brand Lamborghini seems to have figured them out.
Shares of Volkswagen ( VOW.DE, VWAGY) and Stellantis (STLA) are trading lower Tuesday morning. Both companies have reported softer revenues as they struggle with consumer vehicle demand in Europe. Yahoo Finance Reporter Pras Subramanian joins Catalysts to break down the automakers' outlooks for the year. 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
Volkswagen’s orders for electric vehicles shot up in Europe in the first quarter of 2024 compared with a year ago, countering suggestions that drivers may be losing interest in EVs.