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.

German carmaker Volkswagen will axe many combustion engine models by the end of the decade and sell fewer cars overall to concentrate on producing more profitable premium vehicles, its finance chief was quoted as saying on Wednesday.

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Skoda, part of Germany's Volkswagen, appoint Klaus Zellmer as its new boss, two sources with knowledge of the matter told Reuters on Friday.

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Volkswagen Group will have to recall more than 100,000 plug-in hybrid vehicles globally due to the risk of fire. Some 42,300 owners of Volkswagen Passats, Golfs, Tiguans and Arteons worldwide will be notified.

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BERLIN/SHANGHAI (Reuters) -Volkswagen on Thursday said it would halt work at its factory in Shanghai between April 1-5, reversing an earlier plan to maintain some of its production, as the city extends a lockdown aimed at curbing the spread of COVID-19.

Volkswagen suspends Shanghai production amid COVID lockdown

Volkswagen Group will have to recall more than 100,000 vehicles globally due to the risk of fire, German daily Bild reported, citing regulator KBA.

Volkswagen to recall more than 100,000 cars on fire risk - Bild

Audi and Porsche owner Volkswagen is likely to give the green light for the two brands to make their entry into motor racing's Formula One at a meeting next week, two sources familiar with the matter said on Thursday.

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As Tesla kicks off production at its new German plant this month, Volkswagen is weeks away from finalising plans for a 2 billion euro ($2.2 billion) electric vehicle (EV) factory that it hopes will bring it up to speed with its U.S. rival.

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Volkswagen's (VWAGY) Porsche Joins QuantumScape for Electric 911

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Volkswagen's largest shareholder, Porsche SE, supports Volkswagen's proposed plan for an IPO of luxury sportscar maker Porsche AG, the holding company said on Tuesday, adding no final decision had been made.

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General Motors and Volkswagen Group China on Monday said that their Shanghai operations have not been affected by the city's lockdown to try to stem the spread of COVID-19.

GM and VW say Shanghai factories unaffected by lockdown

Charging an electric car takes a lot longer than filling up a gas tank. Electrify America wants to make your wait a bit more comfortable.

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Volkswagen will delay the launch of its ID.5 electric car by a month to the first week of May because of disruptions in the supply of wire harnesses from Ukraine, a spokesperson said on Friday.

Lacking wire harnesses from Ukraine, Volkswagen delays ID.5 launch

Lamborghini will launch three hybrid models in the coming years, but it's not planning to phase out its big, loud gas engines just yet.

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To compensate for the volume losses due to the Russian invasion of Ukraine, Volkswagen has relocated its wire harnesses production units to Romania, Hungary, Tunisia, Morocco, Mexico, and China.

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Volkswagen's planned battery cell plant in Spain will be located in Sagunto, on the outskirts of Valencia, and will have around 3,000 employees and a production of 40 gigawatt hours (GWh) a year, the carmaker said on Wednesday.

VW says its Spanish battery cell plant will be located near Valencia

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Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Tuesday its supply partner in Ukraine had decided to restart production of wire harnesses as the carmaker works through supply bottlenecks.

VW's Skoda says Ukraine supply partner restarting wire harness production

The war in Ukraine and supply bottlenecks will put a significant burden on Skoda Auto's operating business in 2022, the Czech carmaker said on Tuesday, although it expects the supply of semiconductors to improve in the second half of the year.

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Italian luxury sports car brand Lamborghini can easily make up for lost sales from its decision to suspend business in Russia following Moscow's invasion of Ukraine, Chief Executive Stephan Winkelmann said on Monday.

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Volkswagen's (VWAGY) Porsche sets an ambitious target of generating half of its sales from EVs by 2025.

News for Volkswagen AG Stock (VWAGY)