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.

Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen by Reuters, the latest in a series of measures to speed the adoption of low-emissions vehicles.

Germany to hike electric car subsidies as VW launches car

Volkswagen AG (OTCMKTS: VWAGY), whose stock currently trades at around $19, generates its revenue primarily from its Volkswagen Passenger cars segment, which is projected to account for 39% of total revenues in 2019, while the Audi cars are expected to contribute 21% to the top line.

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We could be on the cusp of a significant change in the way cars are powered.

Volkswagen faces a careful 'balancing act' to reach its electric future

Volkswagen AG ADR (VWAGY) Management on Q3 2019 Results - Earnings Call Transcript

The automaker is worried about weakening global markets.

Volkswagen Cuts Sales Outlook as Profit Jumps

The world's biggest automaker posted operating profit of 4.5 billion euros ($5 billion) for the third quarter of 2019.

Volkswagen lowers sales outlook as third-quarter earnings beat expectations

Volkswagen  lowered its full-year sales outlook on Wednesday, warning of slowing demand even as nine-month adjusted operating profit jumped 11.2% on increased demand for SUVs as well as Skoda and Porsche cars.

VW lowers 2019 sales outlook as demand cools

Volkswagen  is importing a batch of electric powered Golf models into Rwanda for a local ride-hailing service, establishing a bridgehead in the country that it hopes to expand to other nations as it seeks to increase market share globally.

Volkswagen brings electric cars to Rwanda for ride-hailing service

Volkswagen AG  is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground.

VW ramps up China electric car factories, taking aim at Tesla

VW believes autonomous-car tech will be available at a wide scale for commercial vehicles come the mid-2020s.

Volkswagen creates autonomy division for self-driving cars

VW's electric bet in China brings global muscle to zero-emissions race

Monday's news is the automotive giant's latest move in the sector

Volkswagen sets up autonomous driving subsidiary, plans Silicon Valley site next year

Volkswagen Golf launches with NXP’s secure vehicle-to-everything (V2X) technology

Volkswagen and NXP Deliver Safety to European Roads with World’s Largest Rollout of Communicating Car Technology

Volkswagen is launching the first volume application of vehicle-to-everything communications, making it standard on the new 8th-generation Golf

Volkswagen Adds ‘Vehicle-To-Everything’ Communications To Revamped Golf With NXP Chips

Volkswagen  will start deliveries of its new Golf hatchback in December after shaving an hour off the time needed to build its flagship model, the board member responsible for production at the VW brand said on Tuesday.

VW speeds up production of next generation Golf

Boeing

Uber

The next big thing in ride-hailing is ... flying taxis?

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Volkswagen  will get 90 more days to test its compliance programs required under a criminal plea agreement with the U.S. government after an emissions cheating scandal, the German carmaker said on Thursday.

Volkswagen gets more time from U.S., auditor to comply with diesel settlement terms

Amazon

Ford Motor Company

Ford Motor Co  said on Thursday it was teaming up with Volkswagen AG and Amazon.com to give its future electric car customers a range of charging options from highways to homes.

Ford partners with Volkswagen, Amazon to build charging network for cars

Bulgaria is ready to offer more incentives to Volkswagen  to build a new plant in the country after the carmaker postponed a decision on building it in Turkey amid criticism of Ankara's offensive in Syria.

Bulgaria ready to sweeten its bid to win Volkswagen plant: lobby group

Skoda Auto's global deliveries dropped 2.7% to 913,700 cars in the first nine months compared with the same period last year, the subsidiary of Germany's Volkswagen said on Wednesday.

Skoda Auto reports 2.7% drop in deliveries in first nine months

Volkswagen has paused a planned $1.4 billion investment in Turkey as a result of the country's military offensive in Syria.

Volkswagen pauses $1.4 billion investment in Turkey over Syria invasion

Volkswagen  has postponed the final decision whether to build a car plant in Turkey, a company spokesman said, amid international criticism of the country's military operation in Syria and concerns about potential reputational fallout.

Volkswagen postpones final decision on Turkey plant: spokesman

Volkswagen  does not expect the shift in production toward electric cars aimed at averting billions of euros in European pollution fines to hurt its profit margins, Chief Executive Herbert Diess said in a newspaper report on Monday.

Volkswagen CEO says electric car shift won't hurt margins: paper

Volkswagen  is looking at options for its luxury brand Lamborghini, including a sale or stock listing, Bloomberg reported on Friday, citing people familiar with the matter.

News for Volkswagen AG Stock (VWAGY)