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.

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German automaker Volkswagen and Franco-Italian chipmaker STMicroelectronics will co-develop a new semiconductor amid a global chip crunch that has put strains on the car industry's supply chain, the companies said on Wednesday.

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Volkswagen Group of America is teaming with Nevada startup Redwood Materials to recycle batteries from VW and Audi electric vehicles in the United States, the companies said on Tuesday.

VW of America teams with Redwood on EV battery recycling

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Volkswagen, Audi tap Redwood Materials to recycle its old EV batteries in US

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Argo AI, the self-driving company backed by Ford and Volkswagen, is shutting down its Washington, DC operation as part of a broader round of layoffs impacting about 150 people across the company.

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Argo AI, the autonomous vehicle technology startup backed by Ford and Volkswagen, has laid off about 150 people and slowed the pace of hiring, making it the latest tech company to reduce its workforce as recession fears grow. The layoffs account for about 5% of its more than 2,000 global workforce, according to sources familiar […]

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Volkswagen Group broke ground Thursday at the first of six battery factories it expects to build in Europe, the official kick off of a new battery business that will invest $20 billion through 2030 to become a global EV leader. Volkswagen's new company, called PowerCo, will be responsible for the automaker's global battery business, managing […]

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News for Volkswagen AG Stock (VWAGY)