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.

In a rare U.S. interview, Volkswagen Chief Financial Officer Arno Antlitz opens up about stock valuations, China, and selling EVs to Americans.

Volkswagen Finance Chief Can't Explain the Stock's Low Valuation

Volkswagen, whose drive to develop a "solid-state" electric car battery with U.S. startup QuantumScape has been dogged by delays, is casting its net wider in pursuit of the potentially game-changing technology.

Focus: Volkswagen and rivals plug away at solid-state battery puzzle

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The U.S. saw a record 1.2 million EV sales in 2023 amidst high inflation and interest rates and a drop in EV demand. However, this gives us pause to consider the effects of low inflation for EV makers.

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Volkswagen's passenger cars brand does not expect "significant" restrictions to production due to the Red Sea attacks, a spokesperson said on Friday, after Tesla said production at its German site would be mostly halted.

VW passenger cars does not expect 'significant' production impact from Red Sea attacks

Volkswagen's increase in 2023 sales was driven by a boost to mass-market brands and Audi, whose sales outstripped pre-pandemic deliveries at 1.9 million vehicles, according to data released on Friday.

Volkswagen sales growth driven by mass-market brands, Audi

Bayerische Motoren Werke AG

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Tesla

China's ability to adapt to changing market dynamics, meet the demand for traditional gasoline-powered vehicles and expand its presence in electric and hybrid segments has solidified its position on the global stage.

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Toyota Motor

Volkswagen Group and Toyota Motor saw their share of the world's largest auto market shrink last year, industry data showed on Wednesday, as legacy international automakers ceded ground to Chinese rivals.

VW, Toyota saw China market share shrink in 2023: industry association

Volkswagen Group deliveries rose 12% to 9.24 million vehicles in 2023, it said on Tuesday, indicating a post-pandemic sales recovery as supply chain bottlenecks eased.

Volkswagen Group sales near pre-pandemic levels as bottlenecks ease

Volkswagen Group (XETRA:VOW) plans to integrate artificial intelligence capabilities into some of its cars from mid-way through this year, allowing drivers to converse with their vehicles. ChatGPT will be featured among vehicles from the second quarter, Volkswagen announced at the Las Vegas CES electronics trade fair on Monday, including its electric models and new versions of the Passat, Tiguan and Golf.

Volkswagen to integrate AI into driver assistant as standard

The Volkswagen brand's sales recovered in 2023 to 4.87 million cars, the carmaker said on Tuesday, after the previous year's sales were dampened by supply chain troubles.

VW brand 2023 sales recover from supply chain troubles

Volkswagen's (VOWG_p.DE) voice assistant integrating ChatGPT into its cars will be able to converse with users in a back-and-forth dialogue by the middle of the year, the carmaker said on Monday as it presented the technology in Las Vegas.

Volkswagen vehicles to be able to converse with drivers via ChatGPT in 2024

Volkswagen presented its first vehicles featuring a voice assistant that integrates ChatGPT technology at the CES electronics trade fair in Las Vegas on Monday, enabling drivers to have researched content read to them during their drive.

Volkswagen brings ChatGPT into compact cars

QuantumScape

Electric vehicle battery start-up Quantumscape Corp (NYSE:QS) shares closed nearly 50% higher Thursday after tests from Volkswagen subsidiary PowerCo SE confirmed the endurance potential of its solid-state cell. QuantumScape's solid-state cell, which features a lithium-only anode battery with no liquid electrolyte, surpassed industry-standard expectations.

QuantumScape surges as Volkswagen subsidiary confirms breakthrough in EV battery technology

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Volkswagen has a negative stub value and a dividend yield of over 7.5%. New external partnerships and cooperation will likely help the company to reduce SG&A and R&D costs. Volkswagen is undergoing management changes and implementing cost-reduction measures to increase competitiveness and regain investor confidence. Our buy rating is then confirmed.

Volkswagen Is Set To Outperform In 2024

The German automaker behind iconic models such as the Beetle is trying to find similar success in the EV market.

Volkswagen's Elusive Quest to Make an EV for the Masses

German authorities have reopened a criminal investigation into Martin Winterkorn, chairman of Volkswagen until he was toppled by the 2015 emissions-rigging scandal, over suspected market manipulation, a regional court said on Thursday.

German court reopens market manipulation probe into former VW chief

Volkswagen plans to revive the Scout brand with two electric vehicle models, an SUV, and a pickup truck. The pickup truck will compete against models from General Motors, Ford, Stellantis, and Rivian. The success of VW's Scout brand in the growing electric pickup market is uncertain due to slowing growth and consumer demand for EVs.

Volkswagen's Scout EV Signals Search For New Direction After Decade Of Debacles

Volkswagen Group (XETRA:VOW), the automotive giant behind brands such as Audi, Porsche, and Scout Motors, has reportedly announced plans to align with Tesla's electric vehicle charging standard. News overnight suggests VW is considering adapter solutions to enable its existing electric vehicle (EV) models to use Tesla's Supercharger network, aiming for a rollout by 2025.

VW brands to adopt Tesla charging standard

Ford Motor Company

Dec 19 (Reuters) - Major automakers including General Motors (GM.N), Toyota (7203.T) and Volkswagen (VOWG_p.DE) said on Tuesday they oppose a bid by U.S. auto safety regulators to require the recall of 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive.

Automakers oppose US bid to force recall of 52 million air bag inflators

Porsche Automobil Holding SE

The Volkswagen Group is the latest automaker to announce it will adopt Tesla's so-called North American Charging Standard (NACS), marking one of the last major automakers to embrace what is now the de facto EV plug in the United States.

Volkswagen, Porsche, Audi to adopt Tesla's charging standard

Volkswagen has reached a deal with workers on job cuts that will help the flagship brand contribute up to $4.37 billion to the group next year.

Volkswagen Job Cuts to Help Save Flagship Brand $4.37 Billion Next Year

Volkswagen and workers representatives have agreed on the key points of a cost-cutting drive at the VW brand that should yield a positive contribution of 4 billion euros ($4.38 billion) to its results in 2024, the company said on Tuesday.

Volkswagen brand plans to yield 4 bln euros in 2024 from cost-cutting drive

Volkswagen on Friday said group deliveries rose by 22.6% in November to 824,300 vehicles, thanks to strong demand in North America and China.

News for Volkswagen AG Stock (VWAGY)