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 expects sales of its ID series of electric vehicles in China -- the world's largest car market -- to pick up significantly in the second half of the year, Chief Executive Herbert Diess said on Thursday.

Volkswagen expects China EV sales to soar in H2

Volkswagen's Skoda Auto will cancel several shifts ahead of the car maker's annual general two-week leave, as lingering shortage of parts blocks production, trade unions said on Thursday.

VW's Skoda Auto to cancel more shifts due to parts shortage - unions

Volkswagen AG (OTC: VWAGY) all-electric vehicle deliveries in China more than doubled to 18,285 vehicles in the first half of the year but fell massively short of ace rival Tesla Inc's (NASDAQ: TSLA) nearly 145,181 deliveries so far this year. What Happened: Volkswagen said its first-half delivery volumes in China account for 10.7% of the German automaker's global electric vehicle sales and reiterated plans to deliver around one million electrified vehicles in 2021 including battery-powered as well as plug-in hybrid electric vehicles.

Volkswagen Has A Giant Share Of China's Auto Market — But When It Comes To EVs, It Still Can't Match Up To Tesla

ChargePoint Holdings

Electric vehicle infrastructure company ChargePoint Holdings Inc (NYSE: CHPT) has acquired e-mobility provider has·to·be for about $294 million in cash and stock. (1$ = 0.85 €).

ChargePoint Acquires Volkswagen Backed E-Mobility Company For $294M

Volkswagen on Tuesday said global deliveries of battery electric vehicles (BEV) nearly tripled in the first half of 2021, mostly driven by demand in Europe which last week unveiled an effective end date for new combustion engine cars.

Volkswagen battery electric vehicle deliveries nearly triple in H1

Volkswagen AG said Monday it will end U.S. sales and production of the Passat sedan next year, the latest shift by automakers away from cars and toward larger sport utility vehicles.

VW to end U.S. production, sales of Passat as focuses on SUVs

German asset manager Union investment on Monday said it would not clear VW's supervisory board from responsibility for actions taken last year at the carmaker's annual shareholders' meeting.

Union investment says will not discharge VW supervisory board

Volkswagen will ensure that it fully complies with China's stringent new data privacy rules, the carmaker said in a briefing on its first-half sales on Friday (July 16). According to Bloomberg News, the rules in question have posed trouble for companies like the ride-hailing service Didi Global and Tencent Holding.

Volkswagen Pledges To Follow China's Data Privacy Laws

German automaker Volkswagen AG, the top foreign automaker in China, the world's biggest car market, said on Friday that it expected chip supplies to improve in the next six months.

Volkswagen China sees chip supply shortage easing

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The European Union unveiled plans this week to effectively ban new sales of gasoline-powered cars by 2035.

The EU's World-Leading Climate Plan Is Crucial for EVs. Buy These 8 Stocks.

Investors were underwhelmed by VW's “New Auto” strategy, said to be more of an echo than news. Some worried VW's electric cars weren't exciting the public.

VW “New Auto” Seen As Reiteration Not Direction Change, While Electric Vehicles Fail To Convince

Volkswagen (VWAGY) lays out roadmap till 2030, wherein it will focus on deriving income not only from EV sales, but also from software, autonomous driving and even ridesharing.

Volkswagen's (VWAGY) "New Auto" Plan Pivots on EVs, AVs & Software

A Dutch court on Wednesday said the owners of cars made by Volkswagen Group with software meant to rig diesel engine emission tests are entitled to compensation.

Dutch court awards compensation to owners of rigged Volkswagen cars

Germany's Volkswagen Group hopes to more than double its market share in the United States by 2030, and it's counting on a cute electric remake of its classic VW Microbus to help it get there.

VW hopes its electric bus can drive huge sales growth in the US

Volkswagen AG said on Tuesday it shut down production at its Chattanooga, Tennessee, assembly plant due to a fire, but is scheduled to resume work there on Wednesday.

Volkswagen shuts production in Tennessee assembly plant after fire

As Volkswagen lays out its roadmap for the rest of the decade, it thinks electric cars will really start to accelerate around 2025.

Volkswagen foresees EV price parity with ICE by 2025, 50% EV sales by 2030

Volkswagen will ramp up its software, mobility as a service and battery tech to stay competitive in the coming decades, as it and other automakers prepare for the largest transition in personal mobility since the invention of the car. Laying out the company strategy Tuesday, Chief Executive Officer Herbert Diess emphasized a top-to-bottom transformation in […]

Volkswagen's new business strategy puts software and autonomous driving front and center

Half of Volkswagen's sales are expected to be battery-electric vehicles by 2030, the German carmaker said Tuesday.

Volkswagen wants half of its vehicle sales to be electric by 2030

Automaker Volkswagen's electric vehicle (EV) charging unit, Electrify America, said on Tuesday it planned to more than double its charging infrastructure in the United States and Canada over the next four years.

Volkswagen's EV unit plans to double charging infrastructure by end of 2025

Volkswagen on Tuesday said battery electric vehicles were expected to account for half of global vehicle sales by 2030, as Europe's largest carmaker prepares to phase out combustion engine cars.

Volkswagen aims for half of vehicles sales to be electric by 2030

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Germany is set to extend a $10,650 subsidy for the purchase of battery-electric vehicles under $47,500 through 2025.

Tesla Stock and Volkswagen Should Get Boosted by This Electric-Vehicle Subsidy

German auto giant Volkswagen (OTCMKTS:VWAGY) indicated that it expects that its H1 operating profit to total about Euro 11 billion ($13 billion), effectively surpassing pre-pandemic levels.

Company Of The Day: Volkswagen

Volkswagen AG's stock (OTCMKTS: VWAGY) fell by 0.6% over the last five trading days. In comparison, the broader S&P500 rose by 0.6% over the last five trading days.

Volkswagen Stock To Gain Post A Jump In Sales Volume In America?

Bayerische Motoren Werke AG

BMW (BAMXF) and Volkswagen (VWAGY) will pay a fine to the EC for forming a cartel to avoid competing on technology to restrict pollution from diesel cars.

Volkswagen (VWAGY)-BMW (BAMXF) to Pay $1B Over Emission Scandal

Volkswagen Chief Executive Herbert Diess on Friday received a contract extension under which he will lead Europe's carmaker until October 2025, the group said, a victory made possible by the recent departure of works council head Bernd Osterloh.

News for Volkswagen AG Stock (VWAGY)