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.

German automaker Volkswagen said on Wednesday it would extend until April 30 a suspension of activities at two production plants in central Mexico after the government declared a health emergency because of coronavirus.

Volkswagen extends Mexico production halt as coronavirus bites

Volkswagen AG  said on Wednesday it is extending a production halt at its Chattanooga, Tennessee, assembly plant until April 12 because of the coronavirus pandemic.

Volkswagen to extend U.S. production halt until April 12

Bayerische Motoren Werke AG

Fiat Chrysler

Honda

More than 1.1 million autoworkers have been forced to stay home in Europe as the coronavirus pandemic closes plants and brings production in the region to a standstill.

Staying home: 1.1 million autoworkers in Europe are off the job

Volkswagen  expects vehicle sales in China, the world's largest car market, to quadruple in March, it said, pointing to a recovery following the coronavirus pandemic.

China sales seen picking up after coronavirus blow: Volkswagen

With factories closed, VW is losing billions of dollars a week and might have to trim jobs.

Volkswagen Is Burning Over $2B a Week, CEO Confirms; Shares Fall

Czech carmaker Skoda Auto, part of the Volkswagen Group , will extend a stoppage at its domestic plants to April 14 from an original return date of April 6, the company said on Friday.

Volkswagen's Skoda extends Czech factory outages to April 14

Volkswagen's  chief financial officer called on the European Central Bank (ECB) to accelerate purchases of short-term debt, the Financial Times reported on Friday.

Volkswagen urges ECB to buy short-term debt to stabilize markets: FT

Volkswagen  expects the car market in Germany to recover in the summer after the auto maker was forced to suspend output due to the coronavirus pandemic, an executive told a newspaper on Wednesday.

Volkswagen expects car market to recover in summer: FAZ

Volkswagen  expects to resume car production in Germany in the summer after the auto maker was forced to suspend output due to the coronavirus pandemic, an executive told a newspaper on Wednesday.

Volkswagen expects to resume car production in summer: FAZ

Ford Motor Company

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The coronavirus pandemic has caused a sharp drop-off in demand for tires and cars, causing manufacturers across North and South America to furlough workers and implement partial factory shutdowns.

Automakers, Tire Manufacturers Announce Plant Closures In Mexico

Tesla

As ventilator makers scramble to meet demand, auto biggies like General Motors, Tesla and others are lending a hand in the fight against COVID-19 pandemic.

Auto Bigwigs Shift Gears to Ventilators Amid Coronavirus Woes

Volkswagen  will suspend its car production in Russia over a supply shortage caused by the coronavirus outbreak in Europe, Volkswagen Group Rus said on Tuesday.

Volkswagen to halt production in Russia due to supply shortage from Europe

Royal Philips

GM, Volkswagen, Tesla, Philips and 3M are scrambling to fill the shortfall of critically needed medical equipment like face masks and ventilators.

These Industrial Giants Plan To Crank Out Ventilators, Face Masks

European Union CO2 rules forcing sedan and SUV makers to in effect “go electric” by 2030 was always going to end badly for the automotive industry and consumers, but the coronavirus crisis has suddenly brought this to a head.

Coronavirus Spooks European Auto Industry And May Spur Revision Of EU CO2 Rules

Volkswagen AG  CEO Herbert Diess on Saturday warned that the coronavirus crisis may force the company to keep its factories shut for longer than initially planned.

Volkswagen CEO warns factory closures may drag on for weeks

German carmaker Volkswagen AG  said on Saturday its factories will be closing for two weeks and in some regions three, amid growing concerns over the spread of the coronavirus.

Volkswagen to shut some factories for more than two weeks: CEO

German automaker Volkswagen will temporarily close its factories in Mexico's Puebla and Guanajuato states in a bid to preserve public health, the company's Mexican unit said in a statement on Friday, amid growing worries over the spread of the coronavirus.

Volkswagen to close factories in Mexico to protect public health

German carmaker Volkswagen  said on Friday it was joining other manufacturers around the world to explore using 3D printing to make hospital ventilators to combat the coronavirus.

Volkswagen tests ventilator output as carmakers join coronavirus fight

The trade group for U.S. auto parts makers on Thursday asked the government for emergency grants “to keep the doors open,” tariff relief and other assistance to cope with mounting pressures from the coronavirus crisis.

U.S. auto suppliers seek government aid to cope with coronavirus hit

Automakers need to brace up for a prolonged period of weakness, with sales likely to face the heat at least till the first half of this year.

Automakers Put Brakes on US Production Amid Coronavirus Scare

While European carmakers like Volkswagen and BMW are already warning a difficult year ahead, there are concerns about sustained economic impacts.

Coronavirus Wrecks Europe Auto Industry: Rough Road Ahead

VW is shutting down in Europe, and it can't even guess how much it'll cost.

Why Shares of Volkswagen Are Dropping Hard Today

Volkswagen AG ADR (VWAGY) CEO Herbert Diess on Q4 2019 Results - Earnings Call Transcript

Volkswagen Group announced Tuesday it will suspend production at its manufacturing plants across Europe, starting this week, in response to the spread of coronavirus.

Coronavirus Shutdowns: Volkswagen Group Suspends All European Production

Volkswagen tried to put a brave face on its prospects for this coronavirus threatened year, saying 2020 will be very difficult, but nonetheless it still expects 4% higher revenue growth on flat sales, while operating profits should reach between 6.5 and 7.5%.

News for Volkswagen AG Stock (VWAGY)