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.

QuantumScape

QuantumScape's (NYSE: QS ) strategic partnership with Volkswagen (OTCMKTS: VWAGY ) is perceived to be a massive positive in the corner of QS stock. Although the EV battery technology company remains in the pre-revenue stage, and keeps burning through hundreds of millions each year, those bullish on the stock believe it will all be worth it in the end.

There's Another Red Flag With QS Stock Few are Talking About

Volkswagen has found a company to conduct a labour audit at a site in Xinjiang, China, which it jointly owns with SAIC Motor Corp, two people familiar with the matter said, after pressure from investors for further due diligence.

Volkswagen picks firm for Xinjiang site labour audit -sources

Volkswagen is running behind schedule in defining key measures of a planned 10 billion euro ($10.5 billion) cost-cutting drive for its namesake brand, two people familiar with the matter said, as talks with powerful labour leaders drag on.

Volkswagen brand cost-cutting plan running behind schedule - sources

Volkswagen Group (XETRA:VOW) increased its all-electric vehicle deliveries by 45% for the first nine months of 2023 when compared to the same period last year, the German carmaker said on Friday. It said it delivered 531,500 all-electric vehicles to customers from January to September, compared to 366,600 in the prior year period, raising its share of electric vehicle deliveries to 7.9% from 6.1 in the prior year period.

Volkswagen accelerates all-electric vehicle deliveries

Volkswagen on Friday said that group deliveries rose by 7.4% in the third quarter, thanks to strong demand in Europe and North America that was able to offset a decline in China, the world's top auto market.

Volkswagen's Europe, U.S. vehicle deliveries offset China weakness in Q3

Volkswagen AG Unsponsored ADR (VWAGY) reachead $12.98 at the closing of the latest trading day, reflecting a -1.96% change compared to its last close.

Volkswagen AG Unsponsored ADR (VWAGY) Falls More Steeply Than Broader Market: What Investors Need to Know

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Haig Partners LLC, the leading buy-sell advisory firm to higher-value auto dealers, served as the exclusive sell-side advisor to Josh and Ashley Gunther on the sale of Team Gunther Kia & Volkswagen located in Daphne, AL, to Tal Vickers of the Springhill Automotive Group of Mobile, AL. Josh Gunther, Dealer Principal, Team Gunther Kia & Volkswagen, said, “As Ashley and I were evaluating our strategic options with Pete, it became clear that market co.

Haig Partners Serves as Exclusive Sell-Side Advisor on the Sale of Team Gunther Kia & Volkswagen in Daphne, AL

AMSTERDAM--(BUSINESS WIRE)--Volkswagen Group Diesel Efficiency Foundation and Consumentenbond Announce Court Once Again Rules Against Volkswagen in Dutch Dieselgate Proceedings.

Volkswagen Group Diesel Efficiency Foundation (VGDES) and the Consumentenbond Announce that Court Once Again Rules Against Volkswagen in Dutch Dieselgate Proceedings

Umicore SA

The auto battery parts joint venture between Volkswagen's PowerCo and Belgian materials firm Umicore has chosen Poland as the site for its first factory, PowerCo said on Saturday.

Volkswagen, Umicore venture picks Poland for first car battery parts plant

Volkswagen AG Unsponsored ADR (VWAGY) reachead $12.85 at the closing of the latest trading day, reflecting a +1.82% change compared to its last close.

Why Volkswagen AG Unsponsored ADR (VWAGY) Outpaced the Stock Market Today

The $2.9 billion battery parts joint venture between Volkswagen's PowerCo and Belgian materials firm Umicore will be called Ionway, the companies said on Friday.

Umicore, Volkswagen present Ionway battery parts joint venture

Tesla

Hyundai and Kia have finally announced their plans to adopt Tesla's North American Charging Standard (NACS) ports for their electric vehicles in the U.S. and Canada, joining the swells of automakers that have also promised to do so.

All eyes on VW after Hyundai, Kia adopt Tesla charging standard

We positively view Draghi's appointment to support European auto competitiveness vs. Chinese electric cars. New duties may be imposed. Volkswagen is now more open to management changes and new partnerships to share software investment and CapEx development. Despite recent challenges, Volkswagen's market valuation is not justified. Lower inventories mean reversing the working capital effect and a better FCF yield. Our buy is then confirmed.

Volkswagen: Positive Macro Upside

Volkswagen's $2.1 billion plan to launch a dedicated electric-vehicle factory in Wolfsburg, Germany is kaput.  The automaker instead reportedly plans to modify its existing plants in Zwickau and Wolfsburg to handle production of a new flagship EV — the postponed Project Trinity — and an all-electric Golf hatchback.

VW bails on its plan for a $2.1B EV plant in Germany

Volkswagen (VWAGY) is pausing the production of ID.3 and Cupra Born electric cars at its plants in Zwickau and Dresden, Germany for the first two weeks of October.

Volkswagen (VWAGY) Temporarily Ceases EV Output at Two Facilities

Glencore PLC

Stellantis N.V. 

A US1 billion SPAC or special acquisition company deal involving car giants VW and Stellantis and miner Glencore has collapsed after an agreement could not be reached over a revision of the terms ACG, a SPAC set up by the trio to buy two nickel and copper mines in Brazil from Appian Capital, said in a statement that despite its best efforts revisions to the acquisition agreement have not been agreed and deal terminated. Glencore was to invest US$100mln into the SPAC, with Stellantis and mining investment fund La Mancha Resource Capital providing an equal amount.

Glencore, VW, Stellantis SPAC plan collapses after nickel slide

Volkswagen on Thursday said that a major IT outage, which had caused most of its German plants to halt production, was resolved overnight and its global production network was up and running again.

Volkswagen restarts production after suffering major IT outage

An IT disruption paralysed the central infrastructure of the Volkswagen Group on Wednesday, a Volkswagen spokesperson confirmed to Reuters, as previously reported in Handelsblatt.

IT disruption paralyses Volkswagen's central infrastructure

Prosecutors have searched Volkswagen's Wolfsburg location and four private properties on allegations of excessive salaries for members of the works council, the Braunschweig prosecutor's office said on Wednesday.

Volkswagen location searched in connection with works council salaries

Volkswagen is currently negotiating a new production deal with workers at its all-electric plant in Zwickau, Germany, after terminating a long-standing three-shift agreement, the carmaker said on Wednesday.

Volkswagen: terminates three-shift production agreement at Zwickau plant

Volkswagen will suspend production of ID.3 and Cupra Born electric cars at its Zwickau and Dresden plants in Germany in the first two weeks of October due to weaker demand, a spokesperson for the carmaker said on Tuesday.

Volkswagen to temporarily pause production of two EV car models due to drop in demand -spokesperson

Toyota Motor

The current strike will likely reset the domestic bar on labor costs.

Tesla Is a Winner From the UAW Strike, But Not the Biggest. 2 Other Stocks to Watch.

The British arms of Volkswagen and Stellantis called for clarity on regulation after reports that Britain was planning to delay a 2030 ban on new petrol and diesel car sales.

Volkswagen, Stellantis join calls for clarity on UK's 2030 petrol car ban

Volkswagen's works council is demanding more information on a cost-cutting and efficiency drive being drawn up for the automaker's main passenger car brand, saying employees needed more transparency from management on its plans.

Volkswagen's works council demands clarity on VW brand turnaround plan

Volkswagen is looking at reducing staff at its plant in the eastern German city of Zwickau due to low demand for electric cars, the dpa news agency reported on Wednesday.

News for Volkswagen AG Stock (VWAGY)