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upgraded to Neutral from Sell at UBS","url":"https://stock-news.laohu8.com/highlight/detail?id=2520159120","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520159120?lang=en_us&edition=fundamental","pubTime":"2025-03-17 16:10","pubTimestamp":1742199005,"startTime":"0","endTime":"0","summary":"UBS upgraded Volkswagen (VWAGY) to Neutral from Sell with a EUR 105 price target The firm says a more constructive outlook for Germany, both as a 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The U.S. legacy auto giant plans to inject up to 4.4 billion  into its German operations, aiming to reduce debt and improve competitiveness. Its German arm, Ford-Werke, has 5.8 billion  of debt, making this cash infusion crucial. This move comes at a time when the European auto industry is under pressure from rising costs, weak demand and growing competition from Chinese EV makers like BYD Co Ltd.Ford has been losing money in Europe for years and has been cutting costs to survive. In November, it announced plans to cut another 4,000 jobs by 2027, blaming slow EV demand and fierce competition. Now, with this fresh investment, the company hopes to stabilize its German operations and push forward a multi-year recovery plan.Ford isn’t the only one struggling. Germany’s auto biggie Volkswagen VWAGY is also downsizing and even considering closing plants as it fights to stay competitive. 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How European automakers are responding to tariff threats on luxury goods.","url":"https://stock-news.laohu8.com/highlight/detail?id=2519854998","media":"Yahoo Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519854998?lang=en_us&edition=fundamental","pubTime":"2025-03-14 00:21","pubTimestamp":1741882905,"startTime":"0","endTime":"0","summary":"If tariffs on French macarons and Italian Parmigiano-Reggiano weren't enough, Europhiles and the country club set are poised to take another big hit — with French bubbly.Just this morning, another maker of luxury goods — Ferrari  — said it will have to respond to the tariff threat. After all, the wealthy don’t like to waste money either.“We are ready with some countermeasures,” Ferrari CEO Benedetto Vigna said at CNBC’s Converge Live event in Singapore on Thursday morning. “We are in a scenario planning phase to manage as best whatever will happen,” Vigna said, without adding any details.Ferrari, which only produces its cars from its factory in Maranello, Italy, is facing a potential 25% tariff on European autos imported to the US. It will most likely raise prices on its vehicles or absorb some  of the tariff cost.The Ferrari 12Cilindri at HROwen Ferrari in Hatfield, Hertfordshire. 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The U.K. government’s extension of the Plug-in Van Grant has significantly lowered upfront costs, making electric vans more affordable to small and medium-sized enterprises  in logistics, delivery and trade industries.However, despite the rising interest, electric vans still fall short of the U.K. government’s zero-emission vehicle mandate, which requires 16% of all new van sales to be electric by 2025. According to the latest data from the Society of Motor Manufacturers and Traders, sales of electric vans weighing up to 4.25 tonnes grew for the fifth consecutive month in February 2025, with year-over-year registrations up 55.1% to 1,413 units. However, with a market share of just 9.7%, the segment still has much room to grow.Despite the government mandates and grants, the adoption of electric vans is expected to slowdown in the Unite","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/uk-electric-van-market-grows-153600121.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["VWAGY","BK4516","NSANY","NSANF","BK4588","BK4574","F","BK4585","BK4555","BK4099"],"gpt_icon":0}],"pageSize":4,"totalPage":22,"pageCount":1,"totalSize":87}]}}