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.

Traton Group, a major player in truck and bus manufacturing, has doubled in price in the past year, outperforming its peers. Traton reported record high vehicle deliveries and sales revenue growth of 16% YoY in fiscal year 2023. Moreover, its sales mix is also supported by strong service revenue. In this article, I show why the market has turned bullish on Traton stock and I will explain my new rating.

Traton SE: From Barely Profitable To The Go-To Stock

Mobileye Global Inc

Volkswagen will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe's biggest carmaker said on Wednesday.

Volkswagen, Mobileye to bring new automated driving functions to series production

WOLFSBURG, Germany & JERUSALEM--(BUSINESS WIRE)--Volkswagen Group and Mobileye announce a wide-ranging collaboration on intelligent driving, focused on luxury brands and fully autonomous vehicles.

Automated driving: Volkswagen Group intensifies collaboration with Mobileye

The deal builds on an existing supplier relationship between the two companies.

Mobileye Wins Expanded Contract From Volkswagen

Porsche Automobil Holding SE

Porsche reported negative results for 2023 but showed improvements in operating profit and margin. The company's investments in new models and BEV technology come at a price, impacting the bottom line. Despite risks related to the cyclical environment and ownership structure, Porsche's brand image and global presence offer upside potential.

Porsche: A Great Investment Alternative To Volkswagen At A Cheap Price

British luxury carmaker Bentley on Tuesday reported a lower operating profit for 2023 after a weak economy and high interest rates hit sales, but the company said its performance had stabilised and new launches would boost it in 2024.

Bentley looks to launches after 'emotional sensitivity' slowed car sales

Audi Chief Executive Gernot Doellner said on Tuesday that the Volkswagen subsidiary was sticking to its electric vehicle strategy despite facing strong headwinds this year.

Audi sticking to EV strategy despite headwinds, says CEO

The UAW announced that workers at the Volkswagen assembly plant in Tennessee will hold a vote on unionization after UAW auto workers at the Big Three secured a record contract.

UAW moves to hold unionization vote at Volkswagen plant in Tennessee

Workers at Volkswagen's only U.S. production plant have petitioned to hold an election to join the United Auto Workers, the union announced Monday, which could make it the first foreign-owned automaker plant to join the UAW—in a region where anti-union sentiment runs deep and previous efforts to unionize the VW plant have failed.

Volkswagen Tennessee Workers File For Union Election—As UAW Tries To Unionize First Foreign Automaker Plant

If a vote is scheduled and a majority of workers vote yes, the UAW can begin negotiating with VW.

Volkswagen Workers Petition to Join UAW. 2 Unexpected Winners.

The filing comes after a "supermajority of Volkswagen workers have signed union cards in just 100 days," the UAW said.

UAW says VW workers at Tennessee plant file for union election

The United Auto Workers said Monday that workers at Volkswagen's Chattanooga, Tennessee, assembly plant are seeking an election to unionize, setting up a critical test for UAW President Shawn Fain's unprecedented campaign to expand the union's reach to foreign-owned automakers in the southern United States.

UAW says workers at VW Tennessee plant file for union election

Tennessee plant is currently the only Volkswagen plant globally without union representation, according to the UAW

US Volkswagen workers file for union election to join United Auto Workers

The union is hoping to parlay its strike against the "Big Three" into a historic organizing success in the U.S. South.

Volkswagen Chattanooga Workers Request Union Election With UAW

Volkswagen stock (OTCMKTS: VWAGY) has been a laggard of sorts, declining by about 18% over the last 12 months, compared to rivals GM and Toyota who have gained 14% and 20%, respectively, over the same period. However, the stock has gained about 12% year-to-date in 2024.

Trading At A Mere 4x Earnings, Is Volkswagen Stock Attractive?

Volkswagen Group of America's wholly owned finance unit has agreed to pay $48.75 million to resolve a government lawsuit that accused the German automaker and its former CEO of defrauding investors in U.S. bond offerings.

VW US finance unit to pay $48.75 million to resolve SEC diesel suit

Volkswagen group deliveries fell by 1.1% in February to 605,500 vehicles, hit by a sharp decrease in China, the German carmaker said on Friday.

Volkswagen group deliveries down 1.1% in February

I am going to try to make this as uncomplicated as possible. This story is not about Volkswagen; it's about Porsche Automobil Holding SE — but VW is a critical piece of the puzzle.

Volkswagen and Porsche SE are stuck in Wall Street's pits. Stock investors, start your engines.

A previous version of this report made an incorrect reference to Porsche Automobil Holding SE. The story has been corrected.

Porsche's stock climbs as luxury brand touts dividend hike, model launches

Volkswagen AG has seen substantial growth in deliveries in 2023. The company's long-term debt-to-EBITDA ratio has been falling.

Volkswagen: Capacity For Upside Based On Encouraging ID. Model Performance

Volkswagen's preferred shares are undervalued due to a high brand value and Volkswagen's share in Porsche.

Volkswagen AG Preferred: The Variety Of Brands Is Not Appreciated By The Market

Volkswagen said on Thursday that operating profit for its core mass-market brands increased by 80% last year, in a sign that closer cooperation between them is bearing fruit.

Cost-cutting program at Volkswagen brand bears first fruit

While other carmakers have sharpened their strategies, the German giant is still maneuvering through a complex turnaround.

Why Volkswagen Is Priced for Failure

Volkswagen Group (XETRA:VOW) has pointed to a potential boost to orders from Western Europe this year, despite sluggish wider demand, as it plans to release a range of new electric vehicles. Some 30 models will be unveiled over the course of 2024, with the carmaker noting it had “started the new year with a clearly positive trend” in full-year results on Wednesday.

Volkswagen hoping for Europe boost as wider demand slows

Volkswagen reported lower operating margin and profit for its Audi brand group but its flagship division increased profitability.

News for Volkswagen AG Stock (VWAGY)