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 carmaker Audi's Mexico unit said on Friday it reached an agreement with union workers in the country for a salary increase of 7%, plus a 3.2% increase in benefits for 2024, after workers launched a strike in January.

Audi Mexico, union reach agreement for salary increase

Volkswagen on Friday said group deliveries rose 13.3% in January to 698,200 vehicles, with China the leading growth region.

China boosts Volkswagen's January deliveries, up 13%

Brazil's new incentive program to promote investment in sustainability by the country's auto sector needs to avoid making vehicles more expensive, Volkswagen's head of Brazil Ciro Possobom said.

Brazil sustainability rules should not make cars more expensive, Volkswagen says

Large German manufacturers have expanded their footprints in China, threatening Berlin's efforts to reduce its economic reliance on the Asian giant.

Volkswagen Under Pressure to Ditch Its China Joint Venture as U.S. Impounds Vehicles

Volkswagen said on Wednesday it expected to resolve by the end of March delays in the delivery of thousands of vehicles held up at U.S. ports due to a customs problem.

Some Volkswagen cars delayed in U.S. ports over Chinese part

Former Volkswagen chief executive Martin Winterkorn told a German court on Wednesday he did not deceive investors over the carmaker's rigging of diesel engine emissions tests.

Former VW chief tells court he didn't deceive investors over dieselgate

Volkswagen said on Wednesday it is in talks with its joint venture partner in China over the future of its presence in Xinjiang, after a German newspaper reported what it said was evidence of the carmaker's involvement in forced labour.

Volkswagen in talks with JV partner over future of Xinjiang site

Volkswagen Group (XETRA:VOW), the German car giant, is facing criticism over its Super Bowl 2024 advert after it was accused by viewers of glossing over its Nazi history. ‘An American Love Story', the car maker's latest ad campaign, retells its 75-year history in the US.

Volkswagen accused of ignoring Nazi past in Super Bowl ad

NEW YORK--(BUSINESS WIRE)--EDO, the TV outcomes company, today released a complete ranking of national Super Bowl LVIII ads, awarding Disney's Deadpool & Wolverine, Universal's Wicked, and Volkswagen with the most effective spots of the night. EDO scored all Super Bowl LVIII ad airings from pre-kick to post-game to identify the top-performing spots across major categories including alcohol, automotive, sports betting, streaming, and more. The ranking, produced for the ninth year, is scored.

Report: New Blockbusters, Volkswagen, Poppi, and Temu Win Most Effective Super Bowl LVIII Ads

Volkswagen Group (XETRA:VOW) has reaffirmed commitments to roll out several new electric vehicle (EV) models in America over the coming years despite wider concern that demand is slowing. Volkswagen will stick with plans to roll out 25 EVs across its various brands by 2030, North America head Pablo Di Si said in an interview at the Chicago Auto Show on Thursday.

Volkswagen commits to US EV launches despite demand fears

Volkswagen is sticking with plans to launch 25 electric vehicle models in North America across its group brands by 2030, but is ready to adjust as the market shifts, Pablo Di Si, head of Volkswagen's North American business, told Reuters on Thursday.

Volkswagen sticking with North American EV plans - executive

The United Auto Workers said Tuesday a majority of workers at Volkswagen's Chattanooga, Tennessee assembly plant have signed cards to join the union.

UAW says majority of workers at VW Tennessee plant seek to join union

Volkswagen's luxury division Audi has reduced output at its Brussels plant for two weeks starting Feb. 5 citing component shortages, German weekly Automobilwoche reported.

Volkswagen's Audi reduces output at Brussels plant - Automobilwoche

Volkswagen plans to keep investments in the coming five years stable at around 180 billion euros ($193.59 billion) between 2024 and 2028, Germany's Handelsblatt newspaper reported on Tuesday, citing three people familiar with the matter.

Volkswagen to invest around 180 bln eur through 2028 - Handelsblatt

Volkswagen will announce on Friday additional 9 billion reais ($1.83 billion) in investments in Brazil, Folha de Sao Paulo newspaper reported on Thursday, citing the carmaker' s president for South America.

Volkswagen to add $1.8 bln to Brazil investment plan -local media

German automaker Volkswagen Group is looking to introduce an entry-level electric vehicle (EV) in India by the second-half of this decade, the CEO of its local unit said at an event on Thursday.

VW Group working on entry-level EV for India - executive

Volkswagen is reportedly in discussion with technology companies to launch an artificial intelligence partnership. The German carmaker would work with these tech groups to create digital prototypes for products and features that use AI, Reuters reported Wednesday (Jan. 31).

Volkswagen Opens AI Lab as Carmakers Embrace Artificial Intelligence

Several car giants are pushing heavily into AI to boost their technology credentials and make their cars smarter.

Volkswagen sets up its own AI lab as car industry looks to embrace the tech

Volkswagen is in talks with international technology firms about collaborating to create new digital prototypes for products and features using artificial intelligence, the carmaker said on Wednesday.

Volkswagen founds AI lab, in talks with potential partners

Volkswagen said it was sticking to its financing timeline for battery unit PowerCo of preparing for a strategic investor this year, after Bloomberg reported that it was pushing back its plans, citing people familiar with the matter.

Volkswagen says preparation for PowerCo investor in 2024 unchanged

Volkswagen on Monday announced its board member Thomas Ulbrich will take over as head of technical development in China.

Volkswagen appoints new head of development in China in reshuffle

Porsche Automobil Holding SE

Porsche on Wednesday rolled out the electric version of its Macan sport utility vehicle, coming at a time when Tesla and other EV makers are encountering flagging demand.

Porsche rolls out its first all-electric SUV

Ford Motor Company

Tesla

'Sell' ratings have been issued for Tesla Inc (NASDAQ:TSLA), Ford Motor Company (NYSE:F) and Volkswagen Group (XETRA:VOW) as a looming electric vehicle oversupply leads to pressure on profit margins.  Equities research company Redburn, which is owned by investment bank Rothschild, raised a red flag over the EV market, predicting a challenging phase as margins fall due to an oversupply of a million vehicles during a period when companies are continuing to plough significant investment into the sector to grow or at least maintain a share of the market.

Tesla, Ford and VW rated 'sell' over looming EV oversupply

Shares in Volkswagen rose more than 5% on Tuesday, extending gains after the German carmaker held a call with analysts ahead of its results in March.

Volkswagen shares rise after "confident" message over 2024

Sales of Bentley cars around the world fell 11% last year, with the Volkswagen-owned luxury brand hit by a drop-off in demand in the UK and China.  But the Crewe-based carmaker said 2023 was its third-best year as it delivered 13,560 cars, which was down on the 15,174 sold the year before, which was a record year.

News for Volkswagen AG Stock (VWAGY)