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.

FRANKFURT (Reuters) -Volkswagen and its top shareholder Porsche SE on Thursday fleshed out details a possible listing of luxury carmaker Porsche, edging closer to what could become one of the world's largest stock market debuts.

Volkswagen, top shareholder strike framework deal for Porsche IPO

VW has a market cap of about €110 billion, and analysts estimate a standalone Porsche could have a similar valuation if an IPO plan moves forward.

Porsche could be worth almost as much as its parent company Volkswagen, even though it sells just 3% of VW Group's cars

New York, New York--(Newsfile Corp. - February 22, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Volkswagen AG (OTC Pink: VWAGY) between March 29, 2021 and March 30, 2021, inclusive (the "Class Period"), of the important March 15, 2022 lead plaintiff deadline.SO WHAT: If you purchased Volkswagen securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees...

VWAGY SHAREHOLDER ALERT: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Volkswagen AG Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - VWAGY

Volkswagen and its key shareholder have drafted a preliminary agreement to list Porsche on the public markets in what could be one of the world's biggest market debuts. According to a Reuters report Tuesday (Feb. 22), analysts estimate Porsche could be valued at up to $102 billion in an initial public offering (IPO), versus parent […]

VW Puts Porsche on the Road to IPO

Volkswagen said it is laying the groundwork for an initial public offering of Porsche in what would be one of the largest listings in recent memory. VW, the world's second largest automobile maker, said in a statement Tuesday it was in “advanced discussions” with the majority shareholder of the company, the Porsche-Piech families, about the.

Volkswagen planning to spin off Porsche with IPO

Shares of Volkswagen are rising after the company said it was in advanced discussions with Porsche SE about an IPO of the iconic sports car brand.

Volkswagen Stock Is Surging on Porsche IPO Plan

Volkswagen is weighing issuing an equal number of common and preference shares in a potential listing of luxury carmaker Porsche AG and may pay a special dividend to its owners to get support for such a move, two people familiar with the matter said.

Exclusive-VW could issue common, preference shares in possible Porsche AG IPO - sources

Volkswagen Group (XETRA:VOW) confirmed it is in “advanced discussions” with Porsche over a potential initial public offering (IPO) for the luxury car maker. The German car manufacturer, which also owns brands such as Audi and Bentley, said it “negotiated a framework agreement which should form the basis for further steps in the preparation of a potential IPO.

Volkswagen says in ‘advanced discussions' over Porsche IPO

Volkswagen AG is in advanced discussions with Porsche Automobil Holding SE about a potential IPO of the luxury carmaker and the two have negotiated a framework agreement as the basis for preparing such a step, Volkswagen said on Tuesday.

Volkswagen AG in 'advanced discussions' about Porsche IPO

Volkswagen said it is too early to comment on reports the fire on its charter ship transporting nearly 4,000 upmarket vehicles to the U.S. was started by electric cars. Meanwhile investment bank UBS said if the whole cargo was destroyed, this could slash around $454.50 million from VW profits.

VW Says Premature To Comment On Report Electric Cars Started Atlantic Transporter Fire

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NEW YORK, Feb. 20, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Volkswagen AG (OTC: VWAGY) between March 29, 2021 and March 30, 2021, inclusive (the "Class Period"), of the important March 15, 2022  lead plaintiff deadline. SO WHAT: If you purchased Volkswagen securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Volkswagen AG Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - VWAGY

The large number of electric vehicles on board a ship that is drifting ablaze in the Atlantic Ocean is complicating efforts to extinguish the fire, the Dutch experts contracted to salvage the vessel said Sunday.

The Wall Street Journal: Burning EV batteries complicate firefighting efforts on adrift cargo ship

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The vessel set ablaze on Wednesday, forcing the crew to abandon the vehicles

Porsche, Bentley, and VW in the deep end as cargo ship catches fire

The autonomous driving space might be seeing the marriage of two titans. Volkswagen is in talks with Huawei to acquire the latter's nascent autonomous driving unit for billions of euros, Germany's Manager Magazin reported on Thursday.

Volkswagen in talks to buy Huawei's autonomous driving unit: report

A container ship carrying a number of Volkswagen Group vehicles from Germany to the United States caught fire near the coast of Portugal's Azores islands on Wednesday evening, a spokesperson for Volkswagen said on Friday.

Container ship carrying Volkswagen vehicles catches fire near Azores

Volkswagen might be gearing up for an autonomous driving unit — it's in talks with Huawei to buy its version of that, a Reuters report says. That could come with a price tag of “billions of euros.

Volkswagen, Huawei Negotiate Autonomous Driving Unit Deal

Volkswagen AG (Pink: VWAGY) is leaving no stones unturned in its electrification efforts. What Happened: Volkswagen is engaged in discussions with Huawei to buy the Chinese company's self-driving unit, CnEVPost reported, citing German magazine Manager.

Volkswagen Reportedly In Talks To Buy Huawei's Self-Driving Unit In China

Volkswagen Group (OTC: VWAGY) CEO Herbert Diess said on Wednesday self-driving technology will be a big game-changer in the coming years and that the German automaker is working on a $22,000 electric car as it speeds up efforts to overtake current market leader Tesla Inc (NASDAQ: TSLA) in the electric vehicle space. VW And Self-Driving: Diess talked about autonomous driving, which he sees as the biggest gamechanger for the automotive industry.

Volkswagen Sets Eyes On $22K EV As It Looks To Rival Tesla, CEO Says Focus On Simplifying Company Structure, Building Up Competencies

New York, New York--(Newsfile Corp. - February 16, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Volkswagen AG (OTC Pink: VWAGY) between March 29, 2021 and March 30, 2021, inclusive (the "Class Period"), of the important March 15, 2022 lead plaintiff deadline.SO WHAT: If you purchased Volkswagen securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees...

VWAGY INVESTOR NOTICE: ROSEN, TRUSTED NATIONAL TRIAL COUNSEL, Encourages Volkswagen AG Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - VWAGY

Volkswagen Chief Executive Herbert Diess expects the car industry to see widespread autonomous driving within 25 years, the manager said on Wednesday in a question-and-answer session on the social media platform Reddit.

VW CEO sees widespread autonomous driving within 25 years

German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this year, although it should be able to ramp up production in the second half of the year, Chief Executive Herbert Diess said on Wednesday.

Volkswagen expects chip shortage to ease later in 2022

The works council of Volkswagen said on Wednesday it hopes for a final decision on exactly where the German company will build a new electric vehicle plant in the first quarter, adding it wants it close to its existing Wolfsburg factory.

Volkswagen works council sees Q1 decision on new Wolfsburg plant

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News for Volkswagen AG Stock (VWAGY)