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.

Volkswagen (VWAGY) is hitting the gas pedal on its autonomous future, kicking off trials in Austin.

Volkswagen (VWAGY) Fuels Autonomous Drive With Austin Test Run

Volkswagen AG will start testing its autonomous vehicles on public roads for the first time this month in Austin, Texas.

Volkswagen to start testing self-driving electric vans on streets of Austin

Ten self-driving electric Volkswagen buses will soon cruise the streets of Austin, Texas, testing autonomous driving technology. The automaker said it plans to launch commercial services in Austin by 2026.

VW to test self-driving tech in retro-styled electric Microbuses

Volkswagen has launched an autonomous vehicle test program in Austin using a fleet of 10 all-electric ID Buzz vehicles equipped with partner Mobileye's technology. The new program comes about nine months since autonomous vehicle technology startup Argo shut down after its two backers, Volkswagen and Ford, pulled financial support and gobbled up its remains.

Volkswagen to start testing self-driving ID Buzz vans in Austin

Volkswagen said on Thursday that it plans to launch autonomous, or self-driving, vehicles for ride hailing and goods delivery services in Austin, Texas by 2026.

Volkswagen to launch self-driving vehicles in Texas by 2026

Volkswagen will deploy about 10 of its ID Buzz electric vans equipped with autonomous-driving systems developed with Mobileye by the end of 2023.

Volkswagen will start testing self-driving cars in Austin as it moves on from Argo AI

Volkswagen said it is monitoring the situation on metals markets after China imposed export restrictions on two minor metals used in semiconductors and electric vehicles, while some chipmakers on Thursday played down the potential damage to supplies.

VW ready to deal with China metal curbs if needed, chipmakers play down fallout

Volkswagen on Thursday said it was monitoring the situation on the raw materials markets after China announced it would control exports of some metals, adding that it was "ready to take measures together with its partners if necessary".

Volkswagen ready to act amid China metal export curbs

German carmaker Audi is this month scheduled to announce plans to begin producing electric vehicles in Mexico, according to three people with knowledge of the matter, joining other major carmakers in ramping up EV output in Mexico.

Audi to unveil electric vehicle manufacturing plans in Mexico -sources

Volkswagen Group (XETRA:VOW) emerged as the UK's most-sold brand in June as battery-powered cars continued to gain traction against fossil-fuelled alternatives. 15,185 Volkswagen-branded cars accounted for 8.6% of all UK registrations during the month, according to data from industry body The Society of Motor Manufacturers and Traders.

VW tops UK June sales but pressure grows for EV plan

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Tesla

Volkswagen is in talks with Tesla to adopt its North American Charging Standard (NACS), joining a slew of automakers and charging equipment makers that are choosing the technology.

Volkswagen in talks with Tesla to adopt its charging standard

Electrify America has become the latest company to align itself with Tesla's EV charging standard. The company, which was created as part of a settlement of the Volkswagen diesel emission scandal, said Thursday it will add Tesla's North American Charging Standard (NACS) connector to Electrify America and Electrify Canada's fast charging networks by 2025.

VW subsidiary Electrify America to add Tesla connectors to EV charging network

Volkswagen said on Thursday that it was in discussions with Tesla over its North American charging standard to optimize it for its customers.

Volkswagen in discussions with Tesla over its charging standard

Volkswagen's Audi division will replace current CEO Markus Duesmann on Sept. 1, with Volkswagen strategy chief Gernot Doellner to take over, the carmaker said on Thursday.

Volkswagen's Audi to replace CEO Duesmann with Gernot Doellner

Volkswagen highlights ten key takeaways on how the company will close the profitability gap versus its peers. CAPEX on sales will decelerate from the 2023 peak. Supportive sum-of-the-part valuation and at a P/E level, the company remains cheap.

Volkswagen: Our Thoughts Post Capital Market Day, Buy Confirmed

Shares in Volkswagen inched higher on Wednesday, recovering slightly from a selloff the day before when the automaker played down reports it will cut EV output in Germany over the next two weeks because of lower than expected demand.

Volkswagen shares recover after EV production cut reports

Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a German court on Tuesday for fraud over Volkswagen's 2015 diesel scandal, becoming the first former board member to receive such a sentence.

Factbox: The state of legal cases in VW's diesel scandal

Volkswagen's head of its business in China said on Tuesday that the carmaker needed clarity on cross-border data transfers in a meeting with the country's Premier Li Qiang, asking how China would cooperate with Europe amid rising political tensions.

Volkswagen China chief asks China's premier Li for clarity on data transfers

Volkswagen expects German courts to reject any compensation claims from car owners about devices that control emissions in its engines because they are not illegal, a spokesperson told Reuters on Monday.

VW expects compensation claims over emissions devices to be thrown out

A federal judge has ruled in favor of Volkswagen in lawsuits brought against the automaker by two U.S. counties over its diesel emissions cheating scandal.

Volkswagen prevails against US counties' diesel emissions claims

The article focuses on electric vehicle sales in Europe. Tesla, Inc. should continue to take market share in Europe and the Model Y is outselling all other models. On the flip side, Tesla has become a one-model show.

Volkswagen And Tesla Are The EV Winners In Europe

While investors welcomed Volkswagen's decision to audit its jointly-owned plant in Xinjiang, China, some are questioning how it will be run and whether it is enough to eliminate the risk of forced labour in the supply chain.

VW investors question how Xinjiang plant audit will be run

Volkswagen plans to use silicon carbide (SiC) chips in electric cars for the first time this year, German media outlet The Pioneer reported on Thursday.

Volkswagen to use silicon carbide chips in some e-cars in 2023 - The Pioneer

Volkswagen set new financial targets on Wednesday of 5-7% annual revenue growth by 2027 and 9-11% returns by 2030, aiming to stay disciplined on investment and focus on boosting margins in the face of growing competition for market share.

News for Volkswagen AG Stock (VWAGY)