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 CEO Herbert Diess brushed aside speculation of a potential partnership with Tesla after he gave Elon Musk a test drive of the German carmaker's new ID.3 electric car.

Volkswagen CEO Herbert Diess denies Tesla ties after he is seen with Elon Musk

Tesla

Volkswagen's Chief Executive Herbert Diess on Monday sought to quell speculation that the world's largest carmaker, which is on a mass production push for electric cars, has plans to develop deeper ties with start-up rival Tesla.

VW not seeking a deal with Tesla, CEO Diess says

Volkswagen sees no need for a four-day week at its plants to secure jobs despite a growing shift to electric cars that are easier to build and require fewer workers, the company's head of labour relations was quoted saying on Sunday.

Volkswagen's labour chief rules out four-day week to save jobs

While Tesla Inc (NASDAQ: TSLA) grows and sells more electric vehicles and batteries, the company's ultimate goal is to transition the entire world to sustainable energy.

Elon Musk Talks With Volkswagen CEO In Germany

Tesla Chief Executive Elon Musk met Volkswagen's Chief Executive Herbert Diess for a courtesy visit during which Musk took a test drive in Volkswagen's new electric car, a source familiar with the matter said on Friday.

Tesla CEO met VW CEO during Germany visit: source

Kensington Capital Acquisition Corp. II

QuantumScape, a solid-state battery maker backed by Bill Gates and Volkswagen AG (OTC: VWAGY), is going public via SPAC Kensington Capital Acquisition (NYSE: KCAC).

Bill Gates And Volkswagen-Backed EV Battery Maker QuantumScape Going Public Via SPAC

QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG , said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of $3.3 billion.

VW-backed U.S. battery maker QuantumScape to go public at $3.3 billion valuation

Volkswagen AG said on Wednesday it will start testing autonomous vehicles in China's eastern city of Hefei, its first in the world's biggest auto market.

Volkswagen to test autonomous vehicles in China's Hefei

Shares of Volkswagen AG (ETR: VOW) are set to open lower on Monday after luxury sports vehicle unit Porsche AG launched an investigation into suspected engine manipulation. Volkswagen stock price ended the prior week over 2% lower.

Volkswagen stock price set to tumble as its Porsche opens investigation

Volkswagen AG (OTC: VWAGY) announced Thursday it was stepping up its “electric offensive” and producing its first all-electric SUV under its ID brand in Germany.

Volkswagen All-Electric ID.4 SUV Goes Into Production

A U.S. judge on Thursday dismissed portions of a U.S. Securities and Exchange Commission lawsuit against Volkswagen AG related to the German automaker's diesel emissions scandal.

U.S. judge narrows SEC lawsuit against VW over diesel emissions

Volkswagen has started series production of the ID. 4, an all-electric SUV and the first under the automaker’s new ID label to be headed to the United States.

VW kicks off production of its all-electric SUV, the ID. 4

Production has started in Germany on the first electric SUV from the Volkswagen brand, marking the latest push by the world's largest carmaker into cleaner vehicles.

Volkswagen now has another electric SUV to take on Tesla

Bayerische Motoren Werke AG

Ford Motor Company

Many global automakers lost money in the coronavirus-stricken first half of 2020 and underlying performances at BMW, VW and Ford point to the need for drastic reform, while GM and Tesla can rest on their laurels for a while. VW was poor compared with Toyota, the top two biggest carmakers.

BMW, VW, Ford Losses Show Action Is Needed, But Tesla Outshines Its Opposition: Report

Fiat Chrysler

General Motors

Honda

Toyota Motor

The voluntary pact among five major automakers and CARB is made enforceable. Per the deal, the firms are set to comply with tough emission rules, outstripping Trump's weaker curbs on tailpipe pollution.

Auto Biggies Sidestep Trump, Seal Emissions Deal With CARB

Volkswagen's Mexico unit has agreed an increase in worker pay and benefits of 5.46% in a new collective contract, the local trade union for the German automaker said on Tuesday.

Volkswagen Mexico agrees 5.5% hike in worker pay and benefits

Volkswagen's (VWAGY) Chattanooga plant will now feature the new voltage laboratory designed to develop and test EV cells and battery packs for upcoming models assembled in the United States.

Volkswagen (VWAGY) to Expand Chattanooga Plant, Develop EVs

Automakers' race to invest vast sums on the e-commerce platform is likely to gather steam and aid businesses to reach new heights.

Automakers Put Pedal to the Metal With Digital Sales

A new lab in Tennessee will develop cells and packs for upcoming electric VWs.

Following Tesla's Playbook, Volkswagen Will Develop and Test Electric-Vehicle Batteries in the U.S.

German automaker Volkswagen AG said it was expanding its Chattanooga factory in Tennessee to make electric vehicle cells and battery packs in the United States, alongside assembling electric vehicles.

Volkswagen to make electric car cells, battery packs in U.S.

First Trust NASDAQ Global Auto Index Fund

Nissan Motor Co Ltd

US light-vehicle sales are estimated to have dropped 12.2% year on year (y/y) to 1,227,420 units in July and decreased 21.8% y/y to 7,688,741 units in the year to date (YTD).

U.S. Light-Vehicle Sales Decline 12% Year-Over-Year In July

The market for electric vehicles is still in its infancy in 2020, but overall market penetration is set to surge in the next two decades.

2 Auto Giants Seen Leading Tesla in Electric Vehicles Even in 2040

Volkswagen's Czech carmaker Skoda Auto named VW's South Africa boss Thomas Schaefer as its new chairman on Monday as part of a wider shake-up at the German autos group.

Volkswagen South Africa boss Schaefer takes over at Skoda in shake-up

Skoda Auto expects its global markets to stabilise gradually as long as the coronavirus pandemic does not worsen significantly worsen, Volkswagen's Czech carmaker said on Friday, after reporting a 31% drop in first-half deliveries.

VW's Skoda deliveries fall 31%, expects markets to stabilise

Volkswagen AG on Thursday asked the Ninth Circuit U.S. Court of Appeals to reconsider a ruling that said two counties could seek financial penalties over excess diesel emissions that might cost the German automaker billions of dollars.

News for Volkswagen AG Stock (VWAGY)