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.

Brazilian miner CBMM has started to test on Volkswagen electric trucks a niobium-based battery that it claims can be charged way faster than the others in the market, the companies said on Wednesday.

Brazil's CBMM starts testing ultra-fast charging batteries in Volkswagen bus

Porsche Automobil Holding SE

Porsche SE has taken a stake in Canadian AI company Waabi Innovation Inc as part of a financing round that raised a total of $200 million, the German company said on Tuesday.

Porsche invests in Canadian AI firm Waabi

Bayerische Motoren Werke AG

Mercedes-Benz Group AG

The European Commission will apply additional duties of up to 38.1% on imported China-made electric cars from July, a move that Beijing is likely to retaliate against.

European carmakers exposed to any Chinese retaliation for EU tariffs

ChargePoint Holdings

The partnership will dramatically increase the number of available charging stations in the Porsche Charging Service The partnership will dramatically increase the number of available charging stations in the Porsche Charging Service

Porsche Cars North America to integrate ChargePoint into Charging Service

Porsche Cars Canada to integrate ChargePoint into Porsche Charging Service

Volvo AB

Some of Europe's biggest carmakers fell further on Thursday on concerns over how China will respond to new tariffs the European Commission slapped on imported Chinese electric cars in a bid to combat what they say is excessive subsidies from Beijing.

European auto stocks fall further on concerns over China's tariff response

BYD Company Limited

BYD Co Ltd

The European Commission's decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war would hurt not only their business in China but also their own imports of Chinese-made cars.

Europe's automakers fret as China EV tariff fears become reality

German carmaker Audi will invest one billion euros ($1.08 billion) in electric vehicle projects in the Mexican state of Puebla, the state's governor said on Tuesday.

Audi to invest 1 bln euros in electric vehicles projects in Mexico

German carmakers including BMW, Volkswagen and Mercedes Benz were all trading more than 1.5% lower, while Sweden's Volvo Cars dipped 2.6%. It comes as the European Union is expected to impose import tariffs on Chinese electric vehicles and after Reuters reported Tuesday that carmakers are facing 1.5 million "dieselgate" lawsuits in Britain that could cost them at least ₤6 billion ($7.65 billion).

Shares of Porsche, VW and other European carmakers fall following reports of 'dieselgate' lawsuits in Britain

Mexico accepted a formal request from the United States to review alleged labor rights violations at Volkswagen Mexico facilities in the state of Puebla, the government said on Tuesday.

Mexico to review alleged labor rights violations at Volkswagen facilities

Volkswagen is preparing its energy and charging division for outside investors, the carmaker's board member in charge of technology said on Friday, adding he was open to different options for a possible standalone future for the unit.

Volkswagen wants to prepare charging business for outside investors

Volkswagen's EV charging unit Elli has partnered with Norway's Otovo to offer Huawei (HWT.UL) equipment that lets customers connect their cars with solar and storage systems at home in order to cut power bills.

Volkswagen charging unit teams up with Norway's Otovo to broaden EV services

NEW YORK, NY / ACCESSWIRE / June 6, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Volkswagen AG ("Volkswagen" or "the Company") (OTC PINK:VWAGY). Investors who purchased Volkswagen securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/VWAGY.

Volkswagen AG (VWAGY) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Chinese electric-vehicle maker BYD unveiled the fifth generation of its plug-in hybrid technology that can travel about 800 miles on one tank of gas and one battery charge.

Tesla's EV Competition Is Fierce. BYD Improves Hybrids, VW Makes Cheaper Models.

Volkswagen will develop low-cost electric vehicles in a bid to better compete with fierce Chinese rivals, Europe's top carmaker said on Tuesday, after talks with Renault to team up on the project collapsed earlier this month.

Volkswagen to develop entry-level electric vehicles for around 20,000 euros

Porsche on Tuesday revealed a new hybrid version of its iconic 911 sports car for the first time, with a starting price of $164,900. The new 911 Carrera GTS can accelerate from 0 to 60 mph in 2.9 seconds – 0.3 seconds quicker than the prior non-hybrid GTS model – and reach a top track speed of 194 mph.

Porsche reveals first-ever 911 hybrid sports car, starting at $164,900

Porsche AG seemed ready to close the gap with Ferrari's stock. Yet, some challenges are making the stock plunge southward. In this article, we go over the latest financials and the main issues Porsche has to face.

Porsche AG: The Disconnect From Market Expectations May Be Creating An Opportunity

Volkswagen is in concrete talks about partnering up on passenger car production in India, the group's finance chief said on Thursday, adding it was tough to earn money in the market that still presents a "clear" opportunity.

Volkswagen CFO: in concrete discussions over car partnerships in India

Volkswagen has delayed the launch of its electric ID.7 sedan in the U.S. and Canada, the German automaker said on Wednesday, citing changing market dynamics.

Volkswagen delays ID.7 EV launch in US, Canada

French carmaker Renault and its German peer Volkswagen have ended their talks to jointly develop an affordable electric version of the Twingo car, Renault CEO Luca de Meo told Reuters on Wednesday.

VW and Renault end talks on electric Twingo - Renault CEO

The U.S. auto safety regulator said on Monday it has opened a recall query into an estimated 51,500 Volkswagen America's EVs over concerns of the vehicle door opening while driving.

US NHTSA opens recall query into more than 51,000 Volkswagen EVs

Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car, two sources familiar with the situation said, in a setback for the EU carmakers' efforts to fend off Chinese rivals.

Exclusive: VW and Renault end talks to develop affordable EV, sources say

Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the "dieselgate" emissions scandal, they said on Wednesday.

Volkswagen reaches $54 million 'dieselgate' settlement with Italian owners

Volkswagen is exploring the sale of as much as 1 billion euros ($1.08 billion) worth of stock in its heavy truckmaking arm Traton SE , Bloomberg News reported on Monday, citing people familiar with the matter.

Volkswagen explores stock sale in truckmaker Traton, Bloomberg reports

The automobile industry is one that is vulnerable to external events and investor sentiment, both of which are highly volatile as of late. In the previous year, Volkswagen focused on restructuring and realigning its role in the automobile supply chain. The company's financials show healthy progress, but it faces tough competition and lower trading multiples compared to its peers.

News for Volkswagen AG Stock (VWAGY)