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.

EU antitrust regulators are expected to approve without conditions a Volkswagen-led consortium's 2.9 billion euro ($3 billion) bid for Europcar, people familiar with the matter said.

Exclusive-EU set to clear Volkswagen's Europcar deal without conditions - sources

MONTREAL--(BUSINESS WIRE)--Audi Finance and Volkswagen Finance, the automotive captive finance company of the Audi, Ducati and Volkswagen brands in Canada and Lexop, a self-serve facilitation software that optimizes the repayment journey for Customers, have entered into a partnership to digitize their collections activities. Past-due Customers will receive automated emails that link to an intuitive self-serve payment portal, allowing them the freedom and flexibility to create their repayment pl

Audi Finance and Volkswagen Finance And Lexop Announce Partnership To Optimize Collections Using Contactless Technology

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Argo AI, the autonomous vehicle technology company backed by Ford and Volkswagen, is launching driverless operations in Miami and Austin, a significant milestone for the startup that illustrates its progress towards commercialization. Argo's announcement Tuesday follows a period of consolidation within the industry that has left just a handful of large, capital-rich companies in the […]

Argo AI launches driverless autonomous vehicle testing in Miami, Austin

Czech carmaker Skoda, owned by Germany's Volkswagen, is confident that its parent will take a decision on its fourth large battery factory in Europe by 2023 at the latest, a management board member said.

Volkswagen's Skoda hopes for eastern European gigafactory decision by 2023

Volkswagen is a leading car company based in Wolfsburg, Germany. The group produces more than 10 million cars annually. Lagging market sentiment and skepticism towards the company's "New Auto" strategy keep VWAGY's stock multiples depressed at a P/E below x5 and a P/BVPS significantly below x1.

Anchor On Fundamentals And Buy Volkswagen Group

Volkswagen is planning to build 800,000 fully electric cars worldwide this year and 1.3 million in 2023, the carmaker said on Thursday, as it works towards making half its global output all-electric by 2030.

Volkswagen to build 800,000 fully-electric cars this year

Volkswagen expects its electric vehicle business to be as profitable as its fossil fuel-burning cars sooner than planned, its chief executive Herbert Diess said on Thursday at the carmaker's annual shareholder meeting.

Volkswagen's EV business as profitable as combustion engines sooner than planned - CEO

The Scout, a one-time competitor to Ford Broncos and Jeeps that was last sold more than four decades ago, is being resurrected by Volkswagen as a line of all-electric trucks and SUVs.

Volkswagen is bringing back the Scout as an electric SUV

The off-road-ready pickup and SUV will start production in 2026 in the US.

Volkswagen Reviving International Scout as US-Built EV Truck and SUV

Volkswagen stock is climbing today on reports the auto group is bringing back its Scout brand of off-roaders to the U.S. as EVs. The post Volkswagen Stock Pops on Plans to Relaunch Scout Brand in Big EV Push appeared first on InvestorPlace.

Volkswagen Stock Pops on Plans to Relaunch Scout Brand in Big EV Push

Volkswagen plans to expand its electric offering in the United States with a fully electric pick-up and sports utility vehicle under the Scout brand, two people with knowledge of the matter said on Wednesday.

Volkswagen plans electric pick-up, SUV in U.S. - sources

Volkswagen confirmed to CNBC that its supervisory board would vote on the proposals on Wednesday.

VW is looking to bring back the Scout brand as an electric vehicle

BERLIN — Volkswagen AG is set to resurrect the Scout off-road vehicle brand as part of its bid to expand in the U.S., the world's most profitable automotive market.

The Wall Street Journal: Volkswagen to revive Scout brand with an electric SUV and pickup

VW Group is on the precipice of launching a new dedicated EV company in the United States called Scout that will produce an all-electric pickup and a rugged off-roading SUV geared towards the American consumer. The company's supervisory board, which is chaired by Hans Dieter Pötsch, will vote on the matter May 11, sources familiar […]

VW aims to launch Scout, an EV off-roading brand

Tesla

In terms of electric car sales, Herbert Diess says Volkswagen may not catch up with Elon Musk's firm for a while

VW boss admits speed of Tesla's expansion surprised him

Volkswagen will face a tough road ahead to reach its self-imposed target of becoming the world's largest seller of electric vehicles by 2025, its chief executive said on Monday, admitting rival Tesla was stronger than expected.

Volkswagen CEO sees tight race with Tesla for e-car crown by 2025

Volkswagen is gearing up to bring Porsche public this year. Can a Porsche IPO allow VW to threaten Tesla's electric vehicle throne?

David vs. Goliath: Can a Porsche IPO Help Volkswagen Steal Tesla's EV Crown?

German car maker Volkswagen AG plans to invest 10 billion euros ($10.59 billion) to make electric vehicles and batteries in Spain, its Chief Executive Herbert Diess said on Thursday.

Volkswagen to invest 10 billion euros to make electric vehicles in Spain

In the current race to be number two in the electric vehicle world, Volkswagen Group (XETRA:VOW) has hit a big bump in the road, saying it has “sold out” of battery-powered cars in the US and Europe. In the first quarter of 2022 the German carmaker, which last year was second to Tesla in electric vehicle sales volumes, said it sold under 100,000 electric models worldwide, of which around 28,000 were in China.

Volkswagen says it has 'basically sold out' on electric vehicles this year

VW chief Herbert Diess' comments were made during an interview with CNBC's Annette Weisbach.

Volkswagen is prolonging its use of coal due to Russian energy 'threat'

Volkswagen AG on Wednesday confirmed its guidance for the full year despite supply-chain problems and a challenging environment.

Volkswagen confirms full-year guidance, reports 1Q revenue of €62.74 billion

Volkswagen, Europe's top carmaker, on Wednesday stuck to its outlook for the current year, citing strong first-quarter results and an improvement in chip supply expected for the second half of the year.

Volkswagen keeps 2022 outlook as chip supply expected to improve second half

QUALCOMM

Volkswagen's CARIAD operations are going to source chips from Qualcomm (NASDAQ: QCOM). These are the details.

Volkswagen To Source Chips From Qualcomm (QCOM) For Developing Autonomous Driving Software

Volkswagen's Cariad on Tuesday said it will source chips from U.S. semiconductor maker Qualcomm to develop autonomous driving software, which the German carmaker has made the backbone of its future strategy.

News for Volkswagen AG Stock (VWAGY)