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.

VW Group is on the precipice of launching a new dedicated EV company in the United States called Scout that will produce an all-electric pickup and a rugged off-roading SUV geared towards the American consumer. The company's supervisory board, which is chaired by Hans Dieter Pötsch, will vote on the matter May 11, sources familiar […]

VW aims to launch Scout, an EV off-roading brand

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In terms of electric car sales, Herbert Diess says Volkswagen may not catch up with Elon Musk's firm for a while

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Volkswagen will face a tough road ahead to reach its self-imposed target of becoming the world's largest seller of electric vehicles by 2025, its chief executive said on Monday, admitting rival Tesla was stronger than expected.

Volkswagen CEO sees tight race with Tesla for e-car crown by 2025

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German car maker Volkswagen AG plans to invest 10 billion euros ($10.59 billion) to make electric vehicles and batteries in Spain, its Chief Executive Herbert Diess said on Thursday.

Volkswagen to invest 10 billion euros to make electric vehicles in Spain

In the current race to be number two in the electric vehicle world, Volkswagen Group (XETRA:VOW) has hit a big bump in the road, saying it has “sold out” of battery-powered cars in the US and Europe. In the first quarter of 2022 the German carmaker, which last year was second to Tesla in electric vehicle sales volumes, said it sold under 100,000 electric models worldwide, of which around 28,000 were in China.

Volkswagen says it has 'basically sold out' on electric vehicles this year

VW chief Herbert Diess' comments were made during an interview with CNBC's Annette Weisbach.

Volkswagen is prolonging its use of coal due to Russian energy 'threat'

Volkswagen AG on Wednesday confirmed its guidance for the full year despite supply-chain problems and a challenging environment.

Volkswagen confirms full-year guidance, reports 1Q revenue of €62.74 billion

Volkswagen, Europe's top carmaker, on Wednesday stuck to its outlook for the current year, citing strong first-quarter results and an improvement in chip supply expected for the second half of the year.

Volkswagen keeps 2022 outlook as chip supply expected to improve second half

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Volkswagen's CARIAD operations are going to source chips from Qualcomm (NASDAQ: QCOM). These are the details.

Volkswagen To Source Chips From Qualcomm (QCOM) For Developing Autonomous Driving Software

Volkswagen's Cariad on Tuesday said it will source chips from U.S. semiconductor maker Qualcomm to develop autonomous driving software, which the German carmaker has made the backbone of its future strategy.

VW embeds Qualcomm chips in autonomous driving software plans

Volkswagen subsidiary Skoda is moving upmarket but with the all-electric Enyaq maybe be getting little too close to VW's own brand.

Volkswagen Subsidiary Skoda's Electric Enyaq Might Be Too Successful

Volkswagen-owned Porsche and Audi will be joining Formula 1 in 2026. Ultimately, the return on investment swayed the decision.

Porsche And Audi To Join F1 As A Sign They Can Make More Money Than Invest

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Volkswagen's premium brands Audi and Porsche have decided to join Formula 1, said Volkswagen Chief Executive Herbert Diess on Monday.

Audi, Porsche have decided to enter Formula 1, says Volkswagen CEO

LOUISVILLE, Ky.--(BUSINESS WIRE)--J&L Marketing has been chosen for the certified Service & Parts Digital Advertising Program with Volkswagen of America as part of the Dealer Digital Program. This partnership will enable participating Volkswagen Dealers to use advanced digital marketing strategies to retain a higher level of customers along with attracting new customers to their service departments. As the only 2022 Google Premier Partner participating in the program, J&L Marketing

J&L Selected for Volkswagen Service & Parts Digital Advertising Program

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is VOLKSWAGN-.1ADR (VWAGY) a Great Value Stock Right Now?

BP and Volkswagen on Thursday fleshed out details of their electric vehicle charging alliance, aiming to jointly install 8,000 fast-charging spots across Europe by 2024 in a bid to stoke demand for battery-powered vehicles.

BP, Volkswagen unveil details of e-car charging partnership

BERLIN (Reuters) -Volkswagen is considering an expansion of its Chattanooga plant in the United States to produce an electric pick-up and the new ID.Buzz microbus, a source close to the matter told Reuters on Thursday.

VW mulls expanding U.S. plant to build ID.Buzz, electric pickup - source

Volkswagen Group China's Shanghai factory has started a gradual resumption to production, it said on Monday.

Volkswagen China's Shanghai plant resumes production gradually

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Volkswagen said on Tuesday that a new growth plan would aim to reduce its vulnerability to the effects of global conflicts, such as supply chain disruption and rising prices, by divesting more power to its regions and brands.

Volkswagen focuses on regions to reduce supply chain vulnerability

A Volkswagen-led consortium that has made a bid to buy Europcar has filed for antitrust clearance with the European Commission, it said on Tuesday, confirming that it expects the deal to be completed by the end of June.

Volkswagen-led consortium files for EU antitrust clearance in Europcar deal

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News for Volkswagen AG Stock (VWAGY)