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.

The auditor hired by Volkswagen to audit its jointly-owned site in Xinjiang posted a statement on LinkedIn flagging that just two employees supervised the project, in a sign of the reputational challenges posed by undertaking such work in the region.

Auditing firm distances itself from duo's work on VW's China plant

Honda

The United Auto Workers union says foreign automakers Honda, Hyundai and Volkswagen all engaged in unfair labor practices against workers seeking to unionize in U.S. shops.

UAW accuses Honda, Hyundai and Volkswagen of union-busting

The United Automobile Workers (UAW) union filed labor practice charges against Honda Motor Co. (HMC), Hyundai Motor Co., and Volkswagen for suppressing unionization efforts in several U.S. states as the union steps up its efforts to expand membership.

UAW Files Charges Against Honda, Hyundai, and Volkswagen as Its Membership Grows

Volkswagen AG Unsponsored ADR (VWAGY) reachead $13.34 at the closing of the latest trading day, reflecting a -0.22% change compared to its last close.

Volkswagen AG Unsponsored ADR (VWAGY) Stock Falls Amid Market Uptick: What Investors Need to Know

The United Auto Workers, fresh off negotiating record labor contracts with the Big Three Detroit automakers, filed unfair labor practice charges with the National Labor Relations Board against Honda Motor (NYSE:HMC), Hyundai and Volkswagen Group (XETRA:VOW) on Monday. The UAW alleged that a Honda facility in Indiana; a Hyundai plant in Alabama and a Volkswagen facility in Tennessee have engaged in “union-busting as workers organize to join the UAW,” the union said.

UAW charges Honda, Hyundai and Volkswagen with illegal unionbusting

The United Auto Workers have filed unfair labor charges against Honda, Hyundai, and Volkswagen—three of the largest non-unionized auto manufacturers in the U.S.—less than two weeks after they began a push to organize workers at the non-union shops.

Auto Workers Allege Union-Busting At Honda, Hyundai, And Volkswagen

United Auto Workers just accused three automakers – Volkswagen (ETR: VOW3), Hyundai (KRX: 005380), and Honda Motor (TYO: 7267) of unfair labour practices. Shares of all three still ended in the green on Monday.

UAW strikes again – VW, Honda, and Hyundai are at its radar this time

The United Auto Workers union said Monday it filed unfair labor practice charges against Honda Motor , Hyundai Motor and Volkswagen , citing aggressive anti-union campaigns to deter workers from organizing.

UAW files unfair labor charges against Volkswagen, Honda, Hyundai

The UAW has filed unfair labor practice charges with the National Labor Relations Board against Honda, Hyundai and Volkswagen, the union said Monday.

UAW files unfair labor practice charges against Hyundai, Honda and VW, accusing them of union busting

Volkswagen is speaking with potential partners, including France's Renault , about cooperating on the development of its 20,000-euro ($21,476) electric car, the Handelsblatt daily reported on Friday, citing people familiar with the matter.

VW considering cooperation with Renault on 20,000-euro electric car - Handelsblatt

UAW says effort at Chattanooga plant in Tennessee is booming as union aims expand membership after recent victories

More than 1,000 workers sign up to unionize at top US Volkswagen plant

The United Auto Workers union said on Thursday that more than 1,000 factory workers at Volkswagen AG's Chattanooga, Tennessee assembly plant have signed union authorization cards.

More than 1,000 VW workers in Tennessee sign union representation cards -- UAW

Volkswagen plans to slash administrative staff costs at its namesake brand by a fifth, management told staff on Wednesday, adding this would happen via partial and early retirement as opposed to layoffs.

Volkswagen brand to slash administrative staff costs by a fifth

Volkswagen top 20-shareholder Deka Investment welcomed the positive outcome of an audit into Volkswagen jointly owned plant in Xinjiang, China, but demanded more clarity from the carmaker regarding its supply chain.

Deka Investment: more transparency in VW's value chain 'desirable'

Volkswagen's commissioned audit of its jointly owned site in Xinijang, China, found no signs of forced labour, the company said on Tuesday, though the auditor added the challenges of data collection in China were widely known.

Volkswagen: audit of Xinjiang site found no signs of forced labour

Furloughed workers at Volkswagen's former plant in Russia are being offered redundancy, according to the union representing them, as the new owners struggle to find a partner to resume output six months after VW finalised its exit from the country.

Six months after Volkswagen exit, idle Russian car plant offers workers redundancy

Volkswagen (VWAGY) to reduce headcount as increasing costs and low productivity are making its cars uncompetitive.

Volkswagen (VWAGY) to Slash Headcount in Cost-Saving Efforts

Volkswagen AG Unsponsored ADR (VWAGY) concluded the recent trading session at $12.89, signifying a -0.46% move from its prior day's close.

Why Volkswagen AG Unsponsored ADR (VWAGY) Dipped More Than Broader Market Today

Volkswagen (OTCMKTS: VWAGY ) is reportedly planning a round of layoffs. The company says that its namesake brand is “no longer competitive” due to its “pre-existing structures, processes and high costs.

Volkswagen Layoffs 2023: What to Know About the Latest Volkswagen Job Cuts

To consolidate its position in China, Volkswagen (VWAGY) plans to develop an all-new platform for entry-level EVs.

Volkswagen (VWAGY) to Develop China-Specific EV Platform

Representatives of Volkswagen's management announced staff reductions to IG Metall union representatives in Wolfsburg on Monday, according to a report by Spiegel magazine.

Volkswagen signals staff reductions at union meeting - Spiegel

A senior Volkswagen executive involved in a global cost-cutting strategy said on Friday he was "very worried" about the future of the company's operations in South Africa, which is fighting persistent power cuts and logistics snarls.

VW struggling with S.Africa costs as group targets savings - executive

Lamborghini 9M results exceeded 2022 full-year numbers. Volkswagen confirmed its market share gain in the first ten months in the European Union. Downside protection from luxury brands, including P911 development.

Volkswagen: Lamborghini Upside And EU Volume Recovery

Volkswagen said on Friday it will develop a new platform for entry-level electric vehicles in China and use more local components to lower costs, as the German company seeks to regain lost ground in the world's biggest auto market.

Volkswagen to launch China-specific entry level electric platform

Volkswagen said on Wednesday that it would hike salaries for production workers at its Tennessee-based Chattanooga assembly plant by 11%, weeks after the United Auto Workers union won significant pay and benefit hikes from the Detroit Three automakers.

News for Volkswagen AG Stock (VWAGY)