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 faces a fine of more than 100 million euros ($121 million) for missing EU targets on carbon dioxide (CO2) emissions from its 2020 passenger car fleet, the world's largest carmaker said on Thursday.

Volkswagen faces EU fine for missing 2020 emissions targets

Volkswagen AG (OTC: VWAGY) CEO Herbert Diess made his debut on Twitter Inc's (NYSE: TWTR) platform on Wednesday by taking a dig at Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. What Happened: The executive said that he was on Twitter to make an “impact” and grab some market share.

Volkswagen CEO To Now Compete With Elon Musk On Twitter, Warns Of Grabbing 'Some Market Share' From Tesla

German automaker Volkswagen AG lost sales of tens of thousands of cars in China as a global chip supply shortage impacted its production in December, the head of its China operations, Stephan Wollenstein, said on Wednesday.

Volkswagen says China car sales, production hit by chip supply shortage

Bayerische Motoren Werke AG

Tesla (NASDAQ: TSLA) delivered around 96,000 units to the key European EV market in 2020. But in Europe, Tesla's cars were overtaken in popularity by Volkswagen (OTC: VWAGY) and Renault (OTC: RNLSY).

Europe And EVs - A Blossoming Relationship

A German court in Braunschweig, Germany, said on Friday it had halted criminal proceedings against former Volkswagen CEO Martin Winterkorn for alleged market manipulation as part of the carmaker's emissions scandal.

German court halts criminal proceedings against former VW CEO

Ford Motor Company

General Motors

XPeng

GM, Ford, Volkswagen and Xpeng have strong technology and high-quality EVs. As a result, they are set to rival Elon Musk's company in this segment.

4 EV Stocks That Will Challenge Tesla

We'll need to install millions of electric charging points to complete the transition to EVs. This prototype offers another way to do it.

This helpful little Volkswagen robot will roll up and charge your electric car

The movement into electric vehicles is moving ahead very rapidly and the Financial Times suggests that 2021 might be the tipping point for EVs in the marketplace. Most attention is given to Tesla and the larger car companies, but so much is happening in the "start-up" area, reaching financial markets through the use of blank check companies.

The Movement Into Electric Cars

Volkswagen said on Wednesday it would further cut car production at its main plant in northern Germany due to a shortage of semiconductors that has hit the industry worldwide.

Volkswagen cuts production further over semiconductor shortage

Bentley confirmed that its design chief, Stefan Sielaff, is leaving the Volkswagen Group ultraluxury brand.

Veteran Design Leader Sielaff Leaves Volkswagen And Bentley

German carmaker Volkswagen said on Tuesday that sales of its core brand dropped by 15% to 5.3 million vehicles in 2020 as the outbreak of coronavirus and lockdowns imposed to restrict infections hit car dealerships around the world.

Volkswagen brand 2020 sales drop but recovery seen in December

Volkswagen will recall 56,000 of its bestselling Golf models to fix software problems that affect the infotainment system and reversing camera, the German company said on Tuesday.

Volkswagen recalls 56,000 Golf models for software update

Tesla

Tesla has seen its market capitalization rise well above any legacy auto company. The company dominates the EV space for now, but legacies will be pushing into this market in coming years. Volkswagen seems to be one of the most aggressive legacies.

Tesla Vs. Volkswagen: An EV Showdown

Honda

Toyota Motor

There is way too much speculation and crazy P/E ratios being thrown around the EV market. Conservative investors need a place to start to join the euphoria. Growing revenue is easy for stand-alone EV makers but not so easy for ICE makers. The EV market is exploding but the overall auto market remains flat.

ICE Manufacturers Offer Safest Entry Into The EV Market

Sales of Volkswagen AG's (OTC: VWAGY) Audi electric vehicles have shot past Tesla Inc (NASDAQ: TSLA) in Norway, according to the Norwegian Road Federation (OFV), CNN reported. What Happened: In 2020, Audi sold 9,227 of its e-tron EVs in the Nordic country, while the Elon Musk-led company was pushed into the second space with 7,770 units sold, according to CNN.

Tesla Loses Top Spot To Volkswagen In Norway EV Sales

Battery electric vehicles accounted for more than half of all cars sold in Norway last year, putting the country way out in front in efforts to kill off the internal combustion engine. And Tesla lost its sales crown to the Volkswagen Group.

Electric cars hit record 54% of sales in Norway as VW overtakes Tesla

Volkswagen has hired Elke Temme, a long-time executive at Germany's top utility RWE, to head the carmaker's newly created division for energy and electric vehicle charging, it said on Monday.

Volkswagen hires utility executive to lead electric charging unit

A train carrying more than 160 Volkswagen cars was derailed in Mexico last Wednesday by armed thieves, according to Mexican authorities. The train tracks were cut near the town of Acultzingo, about 80 southeast of the Volkswagen assembly plant in Puebla, Mexico, where the company makes its Jetta, Tiguan and Golf models.

Train carrying Volkswagen vehicles sabotaged in Mexico

The European market continues to see strong adoption of battery powered electric vehicles and plug-in hybrid electric vehicles. What Happened: Through the first 11 months of 2020, Europeans have registered 1,085,000 new electric vehicles, according to EV Sales Blog and InsideEVs.

Tesla, Volkswagen, Renault See Strong Share In Europe: Over 1 Million EVs Sold In 11 Months

Fiat Chrysler

Read on to relive the major stories and trends of the U.S. auto sector in 2020 that managed to grab headlines.

U.S. Auto Market 2020 Flashback and Looking Ahead to 2021

Alphabet

Apple

Amazon

Aptiv

Lyft

Uber

Autonomous vehicles (AVs) will redefine the transportation industry, similar to the way online shopping redefined retail. This transformation will present some exciting investment opportunities, and the first of these, autonomous ride services (ARS), is discussed in this article.

AV Investment Roadmap - Part 2: Autonomous Ride Services And The 'Waymo Bump' For Alphabet

Having gained more than 87% from March lows, Volkswagen AG's stock has reached its near term potential, primary due to the concerns over the new strain of Covid-19 in its primary market (Europe). VWAGY's stock has rallied from $11 to $21 from March 23rd, compared to the S&P 500 which moved 67%.

Will The New Covid-19 Strain Affect Volkswagen's Stock?

German automaker Volkswagen AG (OTC: VWAGY) unveiled a prototype of its fully automatic mobile charging robot on Tuesday. What Happened: The prototype mechanism is capable of charging electric vehicles in restricted and confined spaces like underground garages.

Volkswagen Gives A Sneak Peek Of Its Autonomous Electric Vehicle Charging Robot

Volkswagen Group has developed a mobile electric vehicle charger that can autonomously navigate parking areas, power up an EV and then make its way back to its outpost without the intervention of humans. The prototype, which VW Group Components created, aims to showcase how the automaker will expand charging infrastructure over the next few years […]

VW's prototype robot is designed to offer full-service charging for electric vehicles

Volkswagen has a portfolio of personal transport BEV vehicles well-defined and with release dates announced. The company is sharpening its BEV focus, which might mean jettisoning luxury performance ICE brands Bugatti and Lamborghini.

News for Volkswagen AG Stock (VWAGY)