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.

JPMorgan Chase & Co

LONDON--(BUSINESS WIRE)--J.P. Morgan announces today that it has entered into a strategic deal with Volkswagen Financial Services, with plans to acquire a controlling interest of close to 75% in the car manufacturer's payments platform, operated by Volkswagen Payments S.A., subject to regulatory approvals. The deal will expand the bank's digital payment capabilities and see the platform extended and accessible to the broader auto industry for the first time. Over time, the alliance between the

J.P. Morgan to Take Majority Ownership of Volkswagen Payments Business

JPMorgan has struck a deal to buy a majority stake in German car giant Volkswagen's payments business ahead of a planned rollout of in-car technology that allows drivers to automatically pay for fuel or tolls.

JPMorgan to buy majority stake in Volkswagen's payments business

At a Munich auto show Monday, Volkswagen unveiled the ID. Life, a tiny, boxy electric SUV, designed for driving on tight city streets. It's just an endearingly cute concept vehicle now, but VW plans to put something like it into production around 2025.

VW reveals tiny, cheap electric SUV aimed at first-time buyers

Volkswagen AG said on Tuesday it planned to set up a venture capital fund, which would initially invest 300 million euros ($355.14 million) in decarbonization projects and start-ups.

Volkswagen to set up venture capital fund in decarbonization push

Volkswagen is optimistic that there are sufficient funds, internal or external, to pull off its ambitious plan to build six large battery factories across Europe with partners by the end of the decade, its chief executive said.

The money is there, Volkswagen CEO says of planned battery cell push

Volkswagen may have to stump up a bigger bill to fund its current transformation, the group's supervisory board chairman said, pointing to the carmaker's ambitious shift towards autonomous driving.

Volkswagen chairman: strategic transformation might cost more

Volkswagen AG (OTC: VWAGY) CEO Herbert Diess in an interview with CNN Business on Monday said he doesn't “see any parallels” between himself and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. What Happened: Diess said that he highly regards what Musk is doing.

Elon Musk 'Changing The World With His Ventures,' Says Tesla Rival Volkswagen's CEO

Ford Motor Company

Ford, Volkswagen and Daimler are still struggling to deal with the impact of the chip shortage, and execs say a lack of chips is likely to remain a problem.

Car giants fear the ongoing global chip shortage could persist for some time

Volkswagen's namesake brand on Monday confirmed its margin target, the division's chief executive said, shrugging off the impact from a shortage of automotive chips as well as higher raw materials prices.

Volkswagen brand sticks to margin target despite chip crunch

CEO Herbert Diess wants electric cars to make up half of the Volkswagen Group's sales in 2030, and 100% of its sales in major markets should be zero-emission by 2040. To achieve those goals, he has to dramatically shift one of the world's largest carmakers away from the internal combustion engine.

Volkswagen CEO on the race to electric, the chip shortage and Elon Musk

Volkswagen Commercial Vehicles, a standalone VW brand responsible for the development and sales of light commercial vehicles, and Argo AI, an autonomous driving technology company, unveiled the first version of the ID Buzz AD (Autonomous Driving) on Sunday. The two companies shared plans to test and commercially scale the jointly developed, fully-electric self-driving van over […]

Volkswagen and Argo AI reveal first ID Buzz test vehicle for autonomous driving

Volkswagen boss Herbert Diess on Sunday said autonomous cars, not electric vehicles, were the "real gamechanger" for the auto industry, which is facing the end of combustion engines in Europe by 2035.

VW CEO says smart cars, not e-cars, are 'gamechanger'

The autonomous driving startup's technology is to be part of a commercial robotaxi service in Hamburg operated by MOIA in 2025.

Volkswagen, Argo AI Ready Electric Robotaxi Vans For German Test Fleet

General Motors

Honda

Stellantis N.V. 

Toyota Motor

In August, SAAR declined to 13.09 million light vehicle units, marking the lowest reading of 2021 so far. Amid worsening supply crunch and low inventory levels, automakers need to brace for more pain.

Chip Crunch Derails U.S. August Auto Sales: Rough Road Ahead

Volkswagen's U.S. unit has agreed to a $42 million settlement covering 1.35 million vehicles that were equipped with potentially dangerous Takata air bag inflators.

VW reaches $42 million settlement with U.S. owners over Takata air bags

Volkswagen AG on Tuesday asked the U.S. Supreme Court to reverse an Ohio court ruling that cleared the way for the state to move forward with a lawsuit over its diesel emissions scandal and manipulation of emissions-control systems.

VW asks Supreme Court to reverse Ohio diesel emissions ruling

Volkswagen AG ( XTER:VOW3 , Financial) has only recently exploded onto the electric vehicle scene, but its success was no gamble. Rather, it was the culmination of years of careful planning.

Volkswagen's Electric Vehicle Push Is Gaining Steam

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Volkswagen AG (VWAGY) Stock?

The trial of former Volkswagen Chief Executive Martin Winterkorn on charges of conspiracy to commit organised commercial fraud looks set to be delayed, a court probing the carmaker's diesel emissions scandal said on Wednesday.

Trial of ex-Volkswagen CEO likely to be delayed again

Our theme on Stocks That Benefit From The Semiconductor Shortage, which includes companies that produce machinery and tools for chipmaking and semiconductor players with their own fab capacity, has returned about 18% year-to-date, roughly in line with the broader S&P 500. Although the theme remains.

Toyota, Ford, VW Cut Production On Chip Shortages. These Stocks Stand To Benefit

World's largest carmaker will slash output by 40% in September as Covid-19 outbreaks hit semiconductor supplies

Volkswagen and Toyota face production cuts due to chip shortage

Volkswagen has had a difficult time selling its electric vehicle ID.4 in China. According to Reuters, sales of the ID.4 were below initial hopes, and the German automobile maker sold just over 1,200 vehicles in two months.

If VW wants to sell more EVs in China, says Stifel, something needs to change: its sales staff's apparel

Toyota will cut global production in September by 40% from planned levels due to the chip crunch, according to a report. Peers face similar challenges.

Toyota, Volkswagen and Ford Face Chip-Related Production Cuts. Auto Stocks Are Falling.

Volkswagen may need to cut production further due to a semiconductor supply bottleneck, the German carmaker said on Thursday.

VW says might have to cut production further due to chip shortage

Volkswagen AG's Mexico unit said on Wednesday that it had agreed with a workers' union to a 5.5% salary increase.

News for Volkswagen AG Stock (VWAGY)