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 plans to invest $7.1 billion over the next five years in North America and add 25 new electric vehicles there by 2030, a top executive said on Monday.

VW to invest $7.1 billion, add 25 new electric vehicles in North America

Volkswagen Group China said on Monday it intends to form joint ventures with Huayou Cobalt and Tsingshan Group to further strengthen its position in the battery supply chain and its competitiveness in China's e-mobility industry.

Volkswagen China says will form ventures with Huayou Cobalt, Tsingshan Group

A wiring issue with some Volkswagen Atlas SUVs may cause airbags to deploy late, windows to roll down on their own and brakes to engage inadvertently.

Volkswagen recalls 246,000 Atlas SUVs due to issue with airbags, brakes

Traton Group, which now includes Navistar International, is upsizing its planned spending on battery-electric trucks to nearly $3 billion between now and 2026 and says some applications of hydrogen-powered fuel cells might make sense, a softening of its batteries-only stance. Traton, the truck holding company of German automaker Volkswagen AG, said this week it was increasing by 1 billion euros ($1.1 billion) its planned spending on electrification from a previously announced 1.6 billion euros ($1.77 billion).

Navistar owner Traton upsizes electrification spend to nearly $3B by 2026

Volkswagen is recalling more than 246,000 SUVs in the US and Canada because faulty wiring harnesses can make them brake unexpectedly, sometimes while in traffic.

Volkswagen recalls 246,000 Atlas SUVs due to unexpected braking

Apple

Porsche Automobil Holding SE

iPhone, iPad… iPorsche?  Executives from Porsche have traveled to the US to discuss possible joint projects with Apple, the automaker's CEO said on Friday at an event where he also detailed the company's electric vehicle plans.

Porsche says it's talking to Apple about joint projects, reveals new hybrid 911

Escalating supply chain concerns and the shortage of wire harness amid geopolitical conflict between Russia and Ukraine have thrown Volkswagen's (VWAGY) 2022 outlook into question.

Volkswagen (VWAGY) 2022 View Clouded Amid Ukraine Crisis

Porsche has upped its target for electric sales to 80% by 2030 after buoyant sales over the past twelve months while confirming plans for an IPO and possibly later this year.

Porsche sports cars sales to be 80% electric by 2030

Volkswagen is recalling 223,000 Atlas and Atlas Cross Sport SUVs due to a wiring harness issue that can lead to phantom braking and airbag failure.

Volkswagen recalling 223,000 SUVs for braking and airbag problems

Volkswagen has joined a group that sets environmental and social standards in mining as the world's No.2 carmaker steps up efforts ensure its raw materials are sustainable, especially in electric vehicles (EVs).

Volkswagen joins sustainable mining initiative to boost scrutiny

Bayerische Motoren Werke AG

S&P Global Mobility on Wednesday downgraded its 2022 and 2023 global light vehicle production forecast in the latest update by 2.6 million units for both years

Russia's invasion of Ukraine will lower car production by millions of units over two years, S&P says

After remaining on a free fall since mid-January 2022, Volkswagen Group stock (ETR:VOW) may have found a bottom at $186. The stock rose more than 5% on Wednesday after the automaker projected higher sales revenue, return on sales and operating profit in 2022.

Volkswagen jumps after forecasting earnings' growth in 2022. Is $255 the next target?

BERLIN (Reuters) -Volkswagen Group China said on Wednesday it would as a precautionary measure pause production for another day in Changchun due to COVID cases, but would resume production in Shanghai on Thursday after a 48 hour suspension.

Volkswagen keeps Changchun factory shut on Thursday, Shanghai to reopen

Volkswagen Group (XETRA:VOW) said its electric vehicle business was turning a profit much quicker than expected as it held its annual meeting yesterday. The automaker told the press that many of its electric car models, including the Porsche Taycan, had sold out through the end of 2022.

Volkswagen turning EV profit quicker than expected - CFO

German carmaker Volkswagen said on Wednesday that deliveries of its core brand dropped by 8% to 4.9 million vehicles last year, and it was reluctant to make forecasts for 2022.

Volkswagen brand reluctant to make 2022 forecast

Volkswagen AG (VWAGY) CEO Herbert Diess on Q4 2021 Results - Earnings Call Transcript

A boost in group operating profits for Volkswagen AG is likely to be the catalyst that drives a fourth-quarter initial public offering (IPO) for its profitable high-performance sports car division Porsche, Bloomberg reported on Tuesday (March 15). Volkswagen posted group operating profit for 2021 of 19.28 billion euros (roughly $21 billion), up from 9.68 billion […]

Strong 2021 Profits Drive Volkswagen's Porsche Closer to IPO

Eager customers are giving Volkswagen's aggressive electric-vehicle plan a boost.

Volkswagen says high demand is helping its EVs turn a profit sooner than expected

New York, New York--(Newsfile Corp. - March 15, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Volkswagen AG (OTC Pink: VWAGY) between March 29, 2021 and March 30, 2021, inclusive (the "Class Period"), of the important March 15, 2022 lead plaintiff deadline.SO WHAT: If you purchased Volkswagen securities during the Class Period you may be entitled to compensation without payment of any out of pocket...

VWAGY DEADLINE TODAY: ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Volkswagen AG Investors to Secure Counsel Before Important March 15 Deadline in Securities Class Action - VWAGY

Northvolt is not unique in wanting to establish a gigafactory in Germany.

VW and Goldman Sachs-backed Northvolt plans German gigafactory

Volkswagen is shifting production to China and the United states as a result of the war in Ukraine and will prioritise China this year, its Chief Executive Herbert Diess said in a press call on Tuesday.

Volkswagen prioritises China, U.S. amid Europe instability

Volkswagen CEO Herbert Diess said the full impact of the war in Ukraine was not yet clear and is throwing the German carmaker's 2022 outlook into question.

Volkswagen CEO says 2022 outlook clouded by war in Ukraine

Volkswagen sold 2 million fewer cars than planned last year due to the semiconductor shortage, it said Tuesday, warning that ongoing supply bottlenecks, high commodity prices and the Russia-Ukraine conflict could hit growth in 2022.

Volkswagen sold 2 million fewer cars due to chips, warns supply chain troubles not over

The Volkswagen Group achieved a 16% market share in China in 2021 and the VW brand returned to profit in North and South America, the German carmaker said on Tuesday.

Volkswagen returns to profit in North and South America

Los Angeles, California--(Newsfile Corp. - March 14, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Volkswagen AG ("Volkswagen" or "the Company") (OTC Pink: VWAGY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

News for Volkswagen AG Stock (VWAGY)