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.

A consortium led by carmaker Volkswagen has secured a 93.6% stake in car rental company Europcar, it said on Tuesday, citing French financial authorities.

Volkswagen-led consortium secures 93.6% of Europcar shares

Volkswagen and Bosch may begin jointly developing automated driving technology, the German cartel office said on Monday, adding that it would continue to monitor the companies' cooperation.

German cartel office allows VW, Bosch to start automated driving cooperation

Volkswagen's software unit Cariad will be streamlined in efforts to step up the pace of software development, Dirk Hilgenberg, the head of the unit, told the Frankfurter Allgemeine Zeitung newspaper on Monday.

Volkswagen's software unit to be streamlined, Cariad head tells FAZ

PACCAR

Stellantis N.V. 

Volvo AB

Supply frictions, including new disruptions from the war in Ukraine, have turned the European truck market upside down. Lead times are exceptionally long, and truck registrations are expected to slide again in 2022.

It's All About Capacity In The Truck Market

Tesla

The Volkswagen stock is currently extremely cheap with a P/E (FWD) Ratio of 3. Tesla's P/E (FWD) Ratio, however, is almost 70.

Volkswagen Or Tesla: Which Stock Is Currently More Attractive?

Volkswagen Group workers at its Taubate plant, in the Brazilian state of Sao Paulo, approved on Wednesday an agreement allowing an investment of 1 billion reais ($192.97 million) for the production of a new model starting in 2025, the local metalworkers' union said in a statement.

Brazil Volkswagen workers approve agreement for $193 million investment

The battle for dominance in the electric vehicle market is heating up and Volkswagen AG (OTC: VWAGY) believes it can pass Tesla Inc (NASDAQ: TSLA) in the coming years. Volkswagen's CEO shared one way he thinks Tesla could be weakening itself.

Here's Why Volkswagen CEO Thinks Tesla Is Weakening Itself Right Now

The EU deal to phase out combustion engine cars in just over 12 years is challenging, but an more daunting obstacle will be making enough batteries to power the electric cars needed as a result, a senior Volkswagen executive said on Wednesday.

EV battery output bigger challenge than EU combustion engine ban, says VW

Volkswagen is optimistic about the second half of the year in terms of sales, its Chief Financial Officer Arno Antlitz said on Wednesday.

Volkswagen CFO: optimistic on sales for second half of the year

Elon Musk previously said Tesla's new factories in Texas and Germany have become "gigantic money furnaces" that are losing billions of dollars.

Volkswagen boss says new factories will 'take strength out of' Elon Musk

Siemens AG

Volkswagen Group subsidiary Electrify America said Tuesday it raised $450 million in a deal that includes its first external investor as it aims to accelerate its rollout of ultra-fast charging stations in the U.S. and Canada. The deal, which values North America's largest ultra-fast EV charging network at $2.45 billion, includes more than $100 million […]

Volkswagen, Siemens invest $450M into Electrify America in EV charging push

Volkswagen (VWAGY) to sell stake in its Electrify America subdivision to Siemens for $2 billion. It launches its all-electric sedan, ID.

Volkswagen (VWAGY) to Sell Minority Stake in Electrify America

The German industrial company Siemens will invest more than $100 million in a network of electric vehicle charging stations in North America operated by Volkswagen.

Siemens investing in Volkswagen's Electrify America

Electric-vehicle charging network Electrify America is raising money at a $2.5 billion valuation.

EV Charging Stocks Can Get a Bump From Volkswagen's Deal

Volkswagen sees a strong second half of 2022 and expects progress in catching up with rival Tesla as easing chip shortages start to offset supply chain bottlenecks and rising costs, the carmaker's CEO said on Tuesday.

Easing chip shortages to help Volkswagen in H2 - CEO

German industrial giant Siemens AG is investing more than $100 million in Volkswagen AG's Electrify America unit, becoming the first outside investor in the North American network of electric vehicle charging stations.

Siemens to invest in Volkswagen's N.American charging network

Volkswagen Group unveiled its ID.AERO concept in China on Monday — slated to serve as the inspiration behind the automaker's flagship EV, and first-ever global all-electric sedan, next year. A version of the Volkswagen ID.AERO concept will go into production for the Chinese market in the second half of 2023.

Volkswagen unveils ID.AERO concept that will provide the basis for 2023 flagship EV

Just before Hyundai drops its all-new Ioniq6, Volkswagen has finally launched images of the electric equivalent to the Passat and Arteon – the ID.

Volkswagen Goes After Tesla, Benz EQE With Mid-Sized, 385-Mile ID.Aero Concept

Volkswagen AG has continued to show growth in inventory turnover in spite of supply chain and inflation pressures. Moreover, the company's quick ratio has also showed longer-term growth - indicating Volkswagen AG is in a good position to meet its current liabilities.

Volkswagen: Why I Take A Long-Term Bullish View

Volkswagen AG is set to cut working hours and wages at its Sao Bernardo do Campo factory in Brazil as it grapples with a lack of auto parts and electronic components to assemble its vehicles.

Volkswagen to cut working hours, wages in Brazil as parts shortage deepens

Ford Motor Company

General Motors

Lucid Group

Ferrari

Toyota Motor

Supply chains disruptions hit the car market hard, which opens the door to finding good auto stocks to buy for the long term. The post 7 Auto Stocks to Buy and Hold Forever appeared first on InvestorPlace.

7 Auto Stocks to Buy and Hold Forever

Bayerische Motoren Werke AG

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Nissan Motor Co Ltd

Rivian Automotive

NXP Semiconductors

Major automakers and industry suppliers on Wednesday urged Congress to move quickly to pass $52 billion in subsidies for U.S. semiconductor production, according to a letter seen by Reuters.

Auto industry CEOs urge Congress to quickly pass chips funding

Presumably, Ford and General Motors need to create a large lineup of electric vehicles (EVs) to take on Tesla.

US Car Companies Face Volkswagen Onslaught

With the current state of the electric vehicle market in the U.S., American investors may get the impression that the only EV stocks around are Tesla ( TSLA , Financial) and perhaps Rivian ( RIVN , Financial) or General Motors ( GM , Financial). There are a few other EV startups that have not really gotten off the ground yet, and most legacy automakers plan to break into the EV market eventually, but we cannot deny that the present market is saturated with Teslas.

Could Volkswagen Be the Ultimate EV Value Stock?

Volkswagen AG's top U.S. executive said on Thursday the United States faces major challenges in ramping up battery production to facilitate a shift to electric vehicles including attracting skilled workers, mining for key metals and supply chain issues.

News for Volkswagen AG Stock (VWAGY)