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.

A global chip shortage that is hitting carmakers will not impact Volkswagen's profit 2021 forecast, the company said on Tuesday, in response to a media report that the German carmaker expected a production drop due to the bottlenecks.

Volkswagen sticks to 2021 profit margin forecast despite chip crunch

Volkswagen AG's ID series - the backbone of its electric vehicle ambitions - is off to what even company sources call a worryingly slow start in China.

Reality check for VW in China after sluggish start for electric car series

Porsche Automobil Holding SE

Porsche AG, a luxury brand under German auto giant Volkswagen AG (OCTPK:VLKAF), and Volvo Car Group, owned by Zhejiang Geely Holding Group, have both announced separate partnerships with battery manufacturers. Both of the deals will allow the manufacturers to utilize European built batteries for future manufacturing.

Europe Aims to Charge Up Local Battery Manufacturing

General Motors

The lead that internal combustion vehicles have is shrinking as electric vehicles steadily find increasing adoption, according to a BofA Securities analyst.  Product Activity Among OEMs Varies: OEMs are pursuing a range of strategies, with product pipelines focused on everything from traditional high-volume models to lower-volume EVs, analyst John Murphy said in a note.

Emerging EV Market Dynamics: BofA Says GM, Volkswagen Aggressive Among Legacy Automakers

Baidu

Ford Motor Company

Alphabet

Tesla

With future cars incorporating electric, combined with autonomous, as well as integrated with connectivity, one can expect tech companies to dominate the automotive landscape in the times to come.

The Merging Worlds of Auto Industry and Technology Firms

New York, New York--(Newsfile Corp. - June 19, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Volkswagen AG (OTC: VWAGY) between March 29, 2021 and March 30, 2021, inclusive (the "Class Period"), of the important June 29, 2021 lead plaintiff deadline in the securities class action commenced by the firm.SO WHAT: If you purchased Volkswagen securities during the Class Period you may be entitled to...

Rosen, Top Ranked Investor Counsel, Encourages Volkswagen AG Investors with Losses Exceeding $100K to Secure Counsel Before Important June 29 Deadline in Securities Class Action - VWAGY

In the latest trading session, Volkswagen AG (VWAGY) closed at $34.85, marking a +0.09% move from the previous day.

Volkswagen AG (VWAGY) Gains As Market Dips: What You Should Know

Apparently, all any automotive management team needs to do to improve stock returns is spend larger and larger amounts on electric vehicles. If only it were that simple.

Auto Stocks Have Climbed on Plans to Spend More on Electric Vehicles

Volvo AB

Among the major carmakers, Volkswagen and Volvo are doing enough to electrify their vehicle lineups in Europe and the EU needs to set tougher CO2 emission limits if it wants to meet Green Deal targets, according to a climate group's study.

Only Volkswagen, Volvo doing enough to electrify in Europe - study

Volkswagen will cut working hours at its Wolfsburg factory next week, a spokesman said, as the carmaker continues to suffer from an ongoing shortage of crucial semiconductors that has already impacted production earlier this year.

Volkswagen to cut working hours at Wolfsburg over chip shortage

Volkswagen, Europe's largest carmaker, is in talks with suppliers to secure direct access to raw materials for electric vehicle (EV) batteries via partnerships, one of its board members said.

Volkswagen seeks partnerships for battery materials 'race'

German automaker Volkswagen Group's (OTC: VWAGY) CEO Herbert Diess on Tuesday berated the Group of Seven nations for failing to set an end-date for phasing out coal and called for more action to reach the 2030 climate goal to reduce greenhouse gas emissions to at least 55% below the 1990 levels. What Happened: Diess tweeted to say the G7 has not done enough and the recently concluded political forum was a “disappointing outcome,” pressing the need to exit coal usage much earlier.

Volkswagen CEO Dubs G7 Coal Outcome 'Disappointing,' Says Electric Vehicles Running On Coal Is 'Regulatory Nonsense'

BYD Company Limited

XPeng

SAIC Motor Looks To Be A Good Buy Near The 5-Year Low

Volkswagen said a third party may have obtained the information of about 3.3 million customers or potential buyers in a Friday letter, according to reports.

Volkswagen, Audi say 3.3 million customers' data exposed in North America

NEW YORK, June 11, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Volkswagen AG (OTC: VWAGY) between March 29, 2021 and March 30, 2021, inclusive (the "Class Period"), of the important June 29, 2021 lead plaintiff deadline in the securities class action commenced by the firm. SO WHAT: If you purchased Volkswagen securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

VWAGY SHAREHOLDER ALERT: ROSEN, THE FIRST FILING FIRM, Encourages Volkswagen AG Investors with Losses in Excess of $100K to Secure Counsel Before Important June 29 Deadline in Securities Class Action - VWAGY

Right now, there are more than 120 models of electric vehicles to choose from in the US, both full-battery (BEV) and plug-in hybrid (PHEV).

My EV Company (Volkswagen) Is Better Than Your EV Company (Tesla)

Volkswagen and Audi, VW's luxury brand, have been hit by a data breach that exposed the contact information and, in some cases, personal details, like driver license numbers, of customers in the United States and Canada.

3 million Volkswagen and Audi customers have had their information stolen

German trucks maker Traton is in the early stages of exploring a capital increase worth more than 1 billion euros ($1.2 billion) as its takeover of U.S. peer Navistar draws to a close, three people close to the matter said.

Volkswagen's Traton explores potential capital increase - sources

Volkswagen AG's U.S. unit said a data breach at a vendor impacted more than 3.3 million customers and prospective buyers in North America.

VW says data breach at vendor impacted 3.3 million people in North America

Volkswagen says more than 3.3 million customers had their information exposed after one of its vendors left a cache of customer data unsecured on the internet. The car maker said in a letter that the vendor, used by Volkswagen, its subsidiary Audi, and authorized dealers in the U.S. and Canada, left the customer data spanning […]

Volkswagen says a vendor's security lapse exposed 3.3 million drivers' details

The auto financing arms of Volkswagen AG and Ford Motor Co plan to stop giving new credit to car buyers and dealers in India and will exit from the country, sources aware of the development told Reuters.

Volkswagen, Ford to exit auto finance business in India - sources

NEW YORK, June 11, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Volkswagen Aktiengesellschaft ("Volkswagen" or the "Company") (OTCMKTS: VLKAY; VLKPY).  Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Volkswagen Aktiengesellschaft - VLKAY; VLKPY

Volkswagen AG's top U.S. executive met with the head of the Environmental Protection Agency on Thursday to talk about electric vehicles and the push toward cleaner cars as the Biden administration works to revise vehicle emissions rules.

Volkswagen U.S. CEO meets with EPA administrator on EVs

While the German car industry paralyzed in 2020 due to the coronavirus mayhem, the nation's headstrong transition to EVs gives a ray of hope for 2021.

German Auto Market: From a Devastating Crash to a Great Revival

Volkswagen expects a shortage in semiconductor supply to ease in the third quarter but sees the bottlenecks continuing in the long-term, a board member told Handelsblatt newspaper.

News for Volkswagen AG Stock (VWAGY)