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 reviewing the future of its high-performance brands Lamborghini, Bugatti and Ducati as part of broader quest for more economies of scale as it shifts to mass producing electric cars, senior executives told Reuters.

Emissions crunch drives Volkswagen to overhaul its supercar strategy

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The Beijing auto show kicked off this past weekend after a delay of five months due to the coronavirus pandemic, with a couple hundred fewer vehicles than past shows.

Luxury electric cars take the spotlight in China's condensed auto show

Volkswagen AG said on Monday it and three local joint ventures plan to invest around 15 billion euros ($17.44 billion) in electric mobility in China, the world's biggest car market, between 2020 and 2024.

Volkswagen, Chinese ventures to invest 15 billion euros in electric vehicles

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California's decision to pull the plug on gas-powered vehicles effective 2035 indeed intensifies EV competition.

California ICE Vehicle Ban Further Spurs Race to E-Mobility

News of an all-electric SUV set to hit U.S. markets gives investors a serious reason to consider Volkswagen stock here. 
The post Volkswagen Stock Makes Waves With All-Electric SUV appeared first on InvestorPlace.

Volkswagen Stock Makes Waves With All-Electric SUV

Volkswagen (VWAGY) truck arm's deal with TuSimple brings together a global automaker and a level 4 self-driving technology company to develop robotic big rigs for complete driverless operations.

Volkswagen's Traton, TuSimple Team Up for Autonomous Trucks

A court in Braunschweig, Germany on Thursday said it had opened proceedings against former Volkswagen Chief Executive Martin Winterkorn examining whether he is guilty of market manipulation as part of an emissions scandal.

German court opens criminal proceeedings against former Volkswagen CEO

Volkswagen AG (OTC: VWAGY) held a “digital world premier” for its ID.4 electric SUV on Wednesday.
 What Happened: The electric SUV has a range of almost 320 miles and a top speed of nearly 100 miles per hour, Volkswagen said in a statement.

Volkswagen All-Electric ID.4 SUV To Sell For $40K In US

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Did California just kill the non-electric car?

California Just Banned Gas-Powered Car Sales...in 2035

California Governor Gavin Newsom issued an executive order on Wednesday requiring sales of all new passenger vehicles be zero-emission by 2035. The new order would be a huge boost for electric vehicles, and vehicles using alternative fuels like hydrogen, and could boost a sector that’s already surging in California.

California will require all passenger vehicles sold in the state be zero-emission by 2035

It’s the single-most aggressive such action ever taken to fight carbon pollution that’s fueling higher temperatures and wildfires in California and persistent air-quality problems from automotive exhaust.

California Banning Sales Of New Gasoline Cars In The State By 2035

German prosecutors said on Wednesday they had charged another eight employees of auto maker Volkswagen over the scandal surrounding cheating on diesel engine emission tests. The eight are accused of fraud, false certification and violation of the law against unfair competition, the prosecutor’s office in the northern town of Braunschweig said in a statement.

Eight more Volkswagen employees charged in diesel scandal

California will ban the sale of new gasoline powered passenger cars and trucks starting in 2035 in a dramatic move to shift to electric vehicles and reduce greenhouse gas emissions, Governor Gavin Newsom said on Wednesday.

California to ban sale of new gasoline-powered passenger vehicles in 2035

German prosecutors said on Wednesday they had charged another eight employees of auto maker Volkswagen over the scandal surrounding cheating on diesel engine emission tests.

Eight more  Volkswagen employees charged in diesel scandal

The deal includes an investment in California-based start-up TuSimple.

Volkswagen Unit Forms Partnership for Self-Driving Trucks

Volkswagen unveiled Wednesday the ID.4, an all-electric crossover that’s part of the German automaker’s plan to sell 1 million EVs annually by 2025.

Here’s every angle of the all-electric VW ID.4 crossover that’s coming to America

Volkswagen unveiled its first electric SUV, the ID.4, Wednesday. VW calls the ID.4 it's first long-range electric vehicle for the US market, and says it's an important part of the brand's overall move toward electric vehicles.

Volkswagen unveils the ID.4, its first all-electric SUV for the US market

Volkswagen's (VWAGY) deal with Electrify America highlights the German automaker's aggressive efforts to heat up the electric vehicle race and displays the firm's commitment to an electrified future.

Volkswagen to Provide Unlimited Charging for ID.4 Electric SUV

The Zero Concept’s all-new SEA (Sustainable Experience Architecture) platform from Geely will sit beneath at least 16 all new electric vehicles, Geely has confirmed, and will spearhead a push to have other OEMs also use the structure.

Geely Follows Volkswagen Down EV Platform-For-Sale Business Model

Volkswagen AG's U.S. subsidiary on Wednesday revealed its electric sport utility vehicle ID.4, which it aims to begin selling in the first quarter of 2021, and said the compact EV will have an estimated driving range of 250 miles.

Volkswagen reveals ID.4 electric SUV with 250-mile range

The vehicle will be targeted at mainstream buyers, starting at $39,995 when it arrives in U.S. showrooms early next year.

VW unveils new global ID.4 electric SUV; U.S. production starts in 2022

Volkswagen will launch its first dedicated electric vehicle for North America in early 2021. The new ID.4 is a compact crossover with 250 miles of range, 3 years of unlimited fast charging and a starting sticker price of $40K

VW’s Electric ID.4 Lands In Q1 2021 With 250-Mile Range, $40K Price, 3 Years Of Charging

The German company, still scrambling to recapture public trust after its Dieselgate emissions-cheating scandal, now has four EVs on the market in Europe, ranging from the E-Up city car and the E-Golf to the ID.3 and ID.4.

Global 323-Mile ID.4 SUV Headlines Volkswagen’s 75-Car EV Assault

Volkswagen's Traton commercial truck unit and self-driving technology startup TuSimple will partner to develop self-driving trucks, the companies said on Wednesday.

Volkswagen's Traton partners with TuSimple for self-driving trucks

The Traton Group, Volkswagen AG’s heavy-truck business, has taken a minority stake in TuSimple as part of an agreement between the two companies to develop self-driving trucks. Neither company disclosed the financial terms of the partnership or the percentage of the minority stake.

News for Volkswagen AG Stock (VWAGY)