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 AG (OTCPK:VWAGY) Q2 2022 Earnings Conference Call July 28, 2022 3:00 AM ET Company Participants Rolf Woller - Investor Relations Arno Antlitz - Chief Financial Officer Nicole Mommsen - Head of Global Group Communications Conference Call Participants Tim Rokossa - Deutsche Bank Patrick Hummel - UBS George Galliers - Goldman Sachs Jose Asumendi - JPMorgan Daniel Roeska - Bernstein Horst Schneider - Bank of America Daniel Schwarz - Stifel Harald Hendrikse - Morgan Stanley Charles Coldicott - Redburn Tom Narayan - RBC Stephen Reitman - Société Générale Richard Carlson - Credit Suisse Joe Miller - FT Rolf Woller Okay. I hope everyone can hear me loud and clear.

Volkswagen AG (VWAGY) Management on Q2 2022 Results - Earnings Call Transcript

Luxury British carmaker Bentley's first-half operating profit more than doubled, boosted by increased customisation of cars as sales rose significantly in Europe and Britain despite ongoing global economic uncertainty.

Bentley first-half profit more than doubles, boosted by customised cars

Preparation for a listing of Volkswagen's sportscar brand Porsche later this year is continuing, with a decision expected in late summer, the carmaker's chief financial officer said on Thursday.

Porsche listing plans on track, Volkswagen CFO says

BERLIN (Reuters) -The Volkswagen Group saw a 27.7% fall in operating profit before special items to 4.7 billion euros ($4.79 billion) in the second quarter, the carmaker reported on Thursday, as negative valuation effects from commodity hedging transactions weighed on results.

Volkswagen confirms outlook as operating profits tumble in Q2

Volkswagen is looking to sell its car assembly plant in the Russian city of Kaluga and a Kazakh auto maker could be a potential purchaser, Russia's Vedemosti newspaper reported on Wednesday.

Volkswagen seeks purchaser for Russian auto-making plant - newspaper

Volkswagen (VWAGY) begins producing ID.4 SUV at its Tennessee plant and hopes to generate more than 1K jobs. It is the first time the crossover SUV is assembled on US soil instead of Europe.

Volkswagen (VWAGY) ID.4 SUV Production in US to Create 1K+ Jobs

Volkswagen (VWAGY) CEO, Herbert Diess, will step down after ongoing tussle with labor unions over his strategies. Persistent software issues worsen matters.

Volkswagen (VWAGY) CEO to Resign, Porsche CEO to Take Over

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Volkswagen (VWAGY) Right Now?

Volkswagen AG said Tuesday it has begun U.S assembly of its electric compact SUV ID.4 at its plant in Chattanooga, Tennessee.

VW begins U.S. production of EV compact SUV in Tennessee

Volkswagen investors polled by Bernstein Research were split on whether an IPO of sportscar brand Porsche should go ahead after Friday's announcement of a leadership change at the helm of Europe's top carmaker, results showed on Tuesday.

Volkswagen investors split on whether Porsche IPO should go ahead - Bernstein poll

Tesla

The "front lines" of the BEV (Battery Electric Vehicle) wars are being waged in Norway, where 64% of all vehicles on the road are now BEV. In addition, in any given month, 80% to 90% of all new car sales are BEVs. This moves the country forward rapidly to its goal of zero-emission vehicles.

Tesla And Volkswagen: Report From A Country With 64% BEV Adoption

Volkswagen investors believe incoming CEO Oliver Blume will struggle to lead both the Volkswagen Group and Porsche - and to pull off a planned listing of the sports car maker while wearing both hats.

Volkswagen investors question plan for CEO to lead Porsche listing

A software spat probably triggered the demise of VW's Diess but he was probably the victim of the structure which allows politicians and unions a veto over strategic decisions. Big tasks for his replacement include how to develop software and the struggling businesses in China and the U.S.

VW's Diess Goes, As Flawed Governance Foils Another Leader

Could German automaker Volkswagen become the world's most prolific electric vehicle manufacturer?

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Diess, often credited with leading VW's electrified revival post-diesel scandal, was ousted Friday over frequent labor clashes and communication missteps.

VW CEO Herbert Diess Abruptly Replaced by Porsche Head Oliver Blume

Porsche's Oliver Blume will take over after difficulties managing electric transition during Diess's four years in charge

VW boss Herbert Diess exits three years early after turbulent tenure

Herbert Diess took over at Volkswagen AG four years ago when the German automaker was in crisis, under pressure to make dramatic changes in strategy and culture, and the former BMW executive offered a new vision.

Herbert Diess, Volkswagen's disruptor-in-chief, runs out of road

Volkswagen's CEO is leaving his post in a surprise move, effective September 1.

Volkswagen's CEO is stepping down in a surprise move

Volkswagen AG said Chief Executive Officer Herbert Diess is stepping down from the top job and leaving the car maker's management board effective Sept. 1, a surprise move amid the car giant's recent pivot toward electric vehicles.

Volkswagen CEO Herbert Diess to depart; Porsche's top executive will succeed him

Volkswagen said Friday CEO Herbert Diess is stepping down as chief executive, an unexpected move that shocked investors.

VW Chief Diess To Leave, Replaced By Porsche's Blume

Volkswagen's Herbert Diess is stepping down as chief executive, VW said on Friday, a major change at the helm of one of Germany's most prominent global companies. The move is effective Sept.

Volkswagen CEO stepping down after rocky 4-year stint

Volkswagen Group CEO Herbert Diess, the embattled executive who has survived a number of confrontations and power struggles with the board over the past two years, is leaving the company.

VW Group CEO Herbert Diess is out

Volkswagen CEO Herbert Diess will leave the company at the end of August. Oliver Blume, currently Porsche's CEO, will replace him.

Volkswagen CEO Diess to depart; Porsche boss Blume will lead the German auto giant

FRANKFURT (Reuters) -Volkswagen's Herbert Diess is stepping down as chief executive, VW said on Friday.

Volkswagen's Diess to step down as CEO, Blume to succeed

The attempt to develop battery materials from a range of sources comes as major European economies lay out plans to move away from road-based vehicles that use diesel and gasoline.

News for Volkswagen AG Stock (VWAGY)