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 is falling further behind Tesla in the race to dominate the market for electric cars.

Europe's largest automaker falls further behind Tesla in the race to electric

Volkswagen Group's China unit said on Thursday it has shut a plant it jointly runs with FAW Group in the city of Tianjin, as well as a component factory, due to recent COVID-19 outbreaks there.

Volkswagen China shuts two plants in Tianjin due to COVID-19 outbreaks

Volkswagen Group's (OTC: VWAGY) global electric vehicle deliveries nearly doubled last year helped by sales of its ID. 4 electric sports utility vehicle and the legacy automaker said it expects the first half of 2022 to be highly volatile due to chip shortages.

Volkswagen Says Global Electric Vehicle Sales Jumped 97% Last Year

Vehicle deliveries of the world's second-largest auto maker fell 4.5% in 2021.

Volkswagen Sales Hit by Chip Shortages As Fears Rise on Omicron Impact in China

Volkswagen vehicles deliveries dropped 8.1% in 2021 to just under 4.9 million amid severe supply chain bottlenecks, the carmaker said on Wednesday, adding it expected the situation to remain volatile in the first half of this year.

Volkswagen sees 8.1% sales drop in 2021 to just under 4.9 million vehicles

Rolls-Royce Holdings PLC

Rolls-Royce and Bentley both set record sales years in 2021, with luxury buyers flocking to high-end models.

Rolls-Royce and Bentley sales skyrocketed in 2021

Volkswagen Group (OTC: VWAGY) said on Tuesday it has set a target of doubling ID electric vehicle sales in China this year after significantly missing the delivery volume last year due to semiconductor shortages that hurt production.  What Happened: The German automaker told Benzinga it aims to sell a minimum of 140,000 IDs in China in 2022 as it continues to face chip shortages headwind.

Volkswagen Aims To Double ID EV Sales In China This Year After Missing 2021 Target

Volkswagen's Skoda Auto said on Tuesday its global deliveries dropped 12.6% year-on-year in 2021 to 878,200 cars as the industry suffered from a semiconductor shortage and the impact of the COVID-19 pandemic.

Volkswagen's Skoda Auto reports 12.6% drop in 2021 global deliveries to 878,200 cars

Volkswagen AG sold 70,625 of its ID battery electric vehicles in China last year, the company said on Tuesday in material distributed to media before a briefing.

Volkswagen says it sold 70,625 ID electric cars in China in 2021

Volkswagen AG expects inflation to ease later this year but warned there would be no significant improvement in the global semiconductor shortage, Chief Financial Officer Arno Antlitz told the Wall Street Journal in an interview.

Volkswagen CFO expects inflation to ease and chip shortage to drag on - WSJ

Americans may be feeling uneasy about the economy, but if sales of ultra-luxury cars are any indication, the super rich are doing just fine. Both Rolls-Royce and Bentley posted record sales in 2021.

Think 2021 was bad? Not for Rolls-Royce, Bentley and Lamborghini

Volkswagen will show a production version of its long-awaited ID.Buzz, an electric reincarnation of its beloved Microbus or Kombi, on March 9 and plans to launch it in the United States in late 2023, the company said on Friday.

Finally, Volkswagen brings back the Microbus, with a battery

Luxury British carmaker Bentley cruised to a record year in 2021 as global sales jumped 31% amid strong demand for high-end vehicles, the Volkswagen AG unit said on Thursday.

Bentley cruised to record year in 2021 with luxury cars in high demand

Toyota Motor

Tesla

Watch out, Elon: Volkswagen and Toyota have you in their sights, with both announcing major new investments in electric vehicles to compete against market-leader Tesla.

VW and Toyota take aim at Elon Musk's Tesla with $170B investment in EVs

The Volkswagen Group's electric vehicle (EV) ramp up continues, with a 2022 over-the-air (OTA) upgrade planned to give the ID.4 and ID.5 electric SUVs bi-directional charging.

Volkswagen Adds Bi-Directional Charging For ID.4 And ID.5 In Europe

Volkswagen Group (OTC: VWAGY) missed its target of selling up to 100,000 ID. series electric vehicles in China in 2021 but sped past local rival Nio Inc (NYSE: NIO) in December deliveries.

Volkswagen Misses 2021 ID. Target In China, Beats Nio Deliveries In December But Falls Short Of These Startups

VW has the largest investment spend, among global automotive manufacturers, into EV and software. With plans to build 6 gigafactories by 2030 as well as a unified cell strategy for its EV platform, VW is pushing ahead with high growth in its EV segment.

Volkswagen: A Structural Winner In The EV Transition Race

Volkswagen's stock at its current price of $30 has a potential upside of 30% as per Trefis' Volkswagen's valuation. The stock is about 10% lower post Q3 2021 results.

What Is Next For Volkswagen Stock?

Volkswagen expects to produce around 43% more vehicles at its main plant in Wolfsburg, its works council head told a German newspaper, a marked improvement from this year but still impacted by an ongoing shortage of semiconductors.

Volkswagen's production in Wolfsburg to rise 43% in 2022 - labour boss

Ford Motor Company

General Motors

EPA says the rules will cut fuel costs for car owners, reduce greenhouse gases warming the climate, and accelerate the switch to electric vehicles.

EPA Boosts Vehicle Standards to 55 Miles Per Gallon

Stellantis N.V. 

EPA boosts efficiency standard 45% to 55 miles per gallon for passenger vehicles

U.S. Dramatically Boosts Vehicle Fuel Efficiency Standards to Cut Planet Warming

The next round of hot EV stocks could include some of the auto industry's oldest names.

In the EV Market, Is the Empire Now Striking Back?

Navistar

Volkswagen AG's Traton SE is continuing its makeover of recently acquired Navistar International, importing a MAN SE executive to lead commercial operations and dispatching a top Navistar executive to the German company's corresponding position. Interestingly, both Goran Nyberg, who begins at Navistar as executive vice president of commercial operations March 1, and Friedrich Baumann, who will join MAN as head of sales and customer solutions April 1, have expertise with Traton's trucking competitors.

Traton continues remake of Navistar, swapping executives between subsidiaries

BERLIN (Reuters) -Volkswagen said allegations made against it by Acer were unfounded, after a magazine reported that the Taiwanese computer maker had sued the German carmaker for infringing on its mobile network patents.

Volkswagen says patent suit by Taiwan's Acer is unfounded

Volkswagen Group (OTC: VWAGY) CEO Herbert Diess on Monday praised China for its speed and technology and called for more cooperation and presence in the region. What Happened: Diess shared a LinkedIn post to say there is a need for more cooperation between Europe and China and not less.

News for Volkswagen AG Stock (VWAGY)