Volkswagen AG

Volkswagen AG engages in the production and sale of passenger cars and light commercial vehicles. The firm also develops vehicles and components for the brands of the group. It operates through following segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment includes the development of vehicles, engines and vehicle software, the production and sale of passenger cars and light commercial vehicles, and the corresponding genuine parts business. The Commercial Vehicles segment covers the development, production, and sale of trucks, and buses, and the corresponding genuine parts business and related services. The Power Engineering segment deals with the development and production of large-bore diesel engines, turbomachinery, and propulsion components business. The Financial Services segment involves dealer and customer financing, leasing, banking, insurance, and fleet management services. The company was founded on May 28, 1937 and is headquartered in Wolfsburg, Germany.

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Volkswagen AG engages in the business of developing vehicles and components for the brands of the group. It operates through the following segments: Passenger Cars and Light Commercial Vehicles; Commercial Vehicles; Power Engineering; and Financial Services. The Passenger Cars and Light Commercial Vehicles segment includes developing vehicles, engines, and vehicle software; producing and selling passenger cars and light commercial vehicles; and the corresponding genuine parts business. The Commercial Vehicles segment focuses on trucks, buses, corresponding genuine parts business, and related services. The Power Engineering segment is involved in large-bore diesel engines, turbomachinery, and propulsion components business. The Financial Services segment provides dealer and customer financing, leasing, banking, insurance, and fleet management services. The company was founded on May 28, 1937 and is headquartered in Wolfsburg, Germany.

Volkswagen has abandoned its decades-old obsession with empire building and no-expense-spared engineering to free up resources for the development and mass production of electric cars, its CEO Herbert Diess told Reuters.

VW CEO shifts strategy from empire building to efficiency

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Since 2018, shares of Volkswagen are down almost 20 percent. However, Volkswagen is in much better shape than many of its competitors.

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A Volkswagen electric crossover will be making its way to the U.S. in 2020 and will eventually be made in the country as well.

Volkswagen Electric Crossover Coming to U.S. in 2020

The Volkswagen ID.3 that debuted ahead of the IAA International Motor Show in Frankfurt looks like a compact hatchback. And it is.

Let’s look inside Volkswagen’s new ID.3 electric hatchback

Volkswagen introduced Monday the ID. 3, the first model in its new all-electric ID brand and the beginning of the automaker’s ambitious plan to sell 1 million EVs annually by 2025.

Volkswagen reveals its mass-market ID.3, an electric car with up to 341 miles of range

RANKFURT, Germany — Volkswagen is rolling out what it bills as the breakthrough electric car for the masses, the leading edge of a wave of new battery-powered vehicles about to hit the European auto market. The cars are the result of massive investments in battery technology and new factories driven by environmental regulation and concerns.

Volkswagen bets big on electric — but will consumers buy in?

Herbert Diess tells CNBC that sales in the United States are improving slightly but China's slowdown continues.

No real recovery in sight for China, VW CEO says

Volkswagen (VWAGY) puts up a solid sales performance in August backed by robust SUV demand.

Volkswagen August Sales Up 9.8% Y/Y Backed by SUV Growth

Volkswagen AG (OTC:VWAGY) reported total unit sales of 35,412 in August, marking an increase of 9.8% year over year.
The post Volkswagen August Sales Up 9.8% YOY Backed by SUV Growth appeared first on InvestorPlace.

Volkswagen August Sales Up 9.8% YOY Backed by SUV Growth

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Ionity, the European electric vehicle charging joint venture of Volkswagen , BMW , Daimler  and Ford , said on Monday that South Korea's Hyundai Motor  had joined as a shareholder.

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Porsche unveiled its first pure battery electric vehicle, the Taycan, to great fanfare this week. Elon Musk mocked it.

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Porsche AG is increasing its stake in Croatian electric vehicle components and hypercar company Rimac Automobili.

Porsche increases stake in electric car maker Rimac Automobili to 15.5%

Although many consumers do not realize it, Volkswagen owns a diverse array of automotive brands which focus on quality and performance.

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The automaker confirmed on Thursday that it had surpassed 30,000 pre-orders for the special first edition of its ID.3 model, which is limited to 30,000 units.

Volkswagen's new fully-electric car sells out in pre-sale

Turkey is increasingly confident German carmaker Volkswagen  will build a production plant in the country after an "extremely positive" meeting between a senior company official and President Tayyip Erdogan this week, three Turkish sources said.

Turkey, Volkswagen close in on production plant deal: sources

Four years ago, Porsche showed off a concept that would mark a turning point — in investment, R&D and product trajectory — for the German automaker.

Here’s every angle of the Porsche Taycan Turbo S in pictures

Porsche's new Taycan electric cars make the Model S look like a bargain, but perhaps highlight its age, analysts said Wednesday.

This New Electric Car Makes Tesla Model S 'Seem Ancient': Analyst

Porsche is making a leather-free version of its new Taycan electric sports car in the latest attempt by a German automaker to play up green credentials as environmental activists lobby for a boycott of the industry.

Porsche goes green with leather-free electric sports car

The Porsche Taycan, the German automaker’s first all-electric sports car has arrived. After four years of development, the company lifted the veil Wednesday on the Porsche Taycan.

Porsche’s all-electric evolution: from sketch to Mission E concept to Porsche Taycan

Porsche has poured more than $1 billion into the development of its first all-electric vehicle, a sleek four-door specimen that marks the beginning of a new chapter for the German automaker and its biggest bet in more than a generation.

Porsche unveils the $150,900 Taycan Turbo electric sedan

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Consider the following situation – the closest parking spot to the concert amphitheater is a mile-long walk.

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The company unveiled its first fully electric car, the Taycan, at simultaneous events in Germany, China and Niagara Falls, Canada on Wednesday.

Porsche debuts Tesla's newest competition with the all-electric Taycan sports car for $150,900

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Volkswagen Bank Secures Mobile Transactions and Meets PSD2 Requirements with OneSpan’s Mobile Security Suite

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News for Volkswagen AG Stock (VWAGY)