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 is reportedly in discussion with technology companies to launch an artificial intelligence partnership. The German carmaker would work with these tech groups to create digital prototypes for products and features that use AI, Reuters reported Wednesday (Jan. 31).

Volkswagen Opens AI Lab as Carmakers Embrace Artificial Intelligence

Several car giants are pushing heavily into AI to boost their technology credentials and make their cars smarter.

Volkswagen sets up its own AI lab as car industry looks to embrace the tech

Volkswagen is in talks with international technology firms about collaborating to create new digital prototypes for products and features using artificial intelligence, the carmaker said on Wednesday.

Volkswagen founds AI lab, in talks with potential partners

Volkswagen said it was sticking to its financing timeline for battery unit PowerCo of preparing for a strategic investor this year, after Bloomberg reported that it was pushing back its plans, citing people familiar with the matter.

Volkswagen says preparation for PowerCo investor in 2024 unchanged

Volkswagen on Monday announced its board member Thomas Ulbrich will take over as head of technical development in China.

Volkswagen appoints new head of development in China in reshuffle

Porsche Automobil Holding SE

Porsche on Wednesday rolled out the electric version of its Macan sport utility vehicle, coming at a time when Tesla and other EV makers are encountering flagging demand.

Porsche rolls out its first all-electric SUV

Ford Motor Company

Tesla

'Sell' ratings have been issued for Tesla Inc (NASDAQ:TSLA), Ford Motor Company (NYSE:F) and Volkswagen Group (XETRA:VOW) as a looming electric vehicle oversupply leads to pressure on profit margins.  Equities research company Redburn, which is owned by investment bank Rothschild, raised a red flag over the EV market, predicting a challenging phase as margins fall due to an oversupply of a million vehicles during a period when companies are continuing to plough significant investment into the sector to grow or at least maintain a share of the market.

Tesla, Ford and VW rated 'sell' over looming EV oversupply

Shares in Volkswagen rose more than 5% on Tuesday, extending gains after the German carmaker held a call with analysts ahead of its results in March.

Volkswagen shares rise after "confident" message over 2024

Sales of Bentley cars around the world fell 11% last year, with the Volkswagen-owned luxury brand hit by a drop-off in demand in the UK and China.  But the Crewe-based carmaker said 2023 was its third-best year as it delivered 13,560 cars, which was down on the 15,174 sold the year before, which was a record year.

Bentley sales drop a gear as UK and China demand ease

British luxury carmaker Bentley on Friday reported an 11% drop in vehicle sales for 2023 as high-end consumers felt the pinch of rising costs and slowing economies, with sales down in its top three markets - Europe, the Americas and China.

Tough luxury market hits Bentley as sales drop 11% in 2023

ChargePoint Holdings

EVgo

General Motors

Honda

Stellantis N.V. 

Toyota Motor

While seemingly everyone was talking about the electrification of mobility, a forced pit stop might yield a more favorable entry point for EV stocks to buy. Though electric vehicles are likely the future, the sector suffered a setback as the combination of sharply accelerating inflation and rising borrowing costs took their toll on consumers.

7 EV Stocks to Buy as the Sector Races for a Recovery

Bayerische Motoren Werke AG

Britain's antitrust regulator on Wednesday won an appeal over its powers to demand information from companies based outside the United Kingdom, in a case arising out of a probe into BMW and Volkswagen.

UK antitrust body wins appeal over BMW and VW information request

In a rare U.S. interview, Volkswagen Chief Financial Officer Arno Antlitz opens up about stock valuations, China, and selling EVs to Americans.

Volkswagen Finance Chief Can't Explain the Stock's Low Valuation

Volkswagen, whose drive to develop a "solid-state" electric car battery with U.S. startup QuantumScape has been dogged by delays, is casting its net wider in pursuit of the potentially game-changing technology.

Focus: Volkswagen and rivals plug away at solid-state battery puzzle

Li Auto Inc.

The U.S. saw a record 1.2 million EV sales in 2023 amidst high inflation and interest rates and a drop in EV demand. However, this gives us pause to consider the effects of low inflation for EV makers.

Buy These 3 EV Stocks to Bet on the Next BYD

Volkswagen's passenger cars brand does not expect "significant" restrictions to production due to the Red Sea attacks, a spokesperson said on Friday, after Tesla said production at its German site would be mostly halted.

VW passenger cars does not expect 'significant' production impact from Red Sea attacks

Volkswagen's increase in 2023 sales was driven by a boost to mass-market brands and Audi, whose sales outstripped pre-pandemic deliveries at 1.9 million vehicles, according to data released on Friday.

Volkswagen sales growth driven by mass-market brands, Audi

BYD Co Ltd

China's ability to adapt to changing market dynamics, meet the demand for traditional gasoline-powered vehicles and expand its presence in electric and hybrid segments has solidified its position on the global stage.

China Steps on the Gas to Become Top Auto Exporter in 2023

UAW hopes to extend ‘Big Three' victories to company's plant in Chattanooga, Tennessee, which has resisted prior efforts

‘We don't have a say': workers join push to unionize flagship Volkswagen plant

Volkswagen Group and Toyota Motor saw their share of the world's largest auto market shrink last year, industry data showed on Wednesday, as legacy international automakers ceded ground to Chinese rivals.

VW, Toyota saw China market share shrink in 2023: industry association

Volkswagen Group deliveries rose 12% to 9.24 million vehicles in 2023, it said on Tuesday, indicating a post-pandemic sales recovery as supply chain bottlenecks eased.

Volkswagen Group sales near pre-pandemic levels as bottlenecks ease

Volkswagen Group (XETRA:VOW) plans to integrate artificial intelligence capabilities into some of its cars from mid-way through this year, allowing drivers to converse with their vehicles. ChatGPT will be featured among vehicles from the second quarter, Volkswagen announced at the Las Vegas CES electronics trade fair on Monday, including its electric models and new versions of the Passat, Tiguan and Golf.

Volkswagen to integrate AI into driver assistant as standard

The Volkswagen brand's sales recovered in 2023 to 4.87 million cars, the carmaker said on Tuesday, after the previous year's sales were dampened by supply chain troubles.

VW brand 2023 sales recover from supply chain troubles

Volkswagen's (VOWG_p.DE) voice assistant integrating ChatGPT into its cars will be able to converse with users in a back-and-forth dialogue by the middle of the year, the carmaker said on Monday as it presented the technology in Las Vegas.

Volkswagen vehicles to be able to converse with drivers via ChatGPT in 2024

Volkswagen presented its first vehicles featuring a voice assistant that integrates ChatGPT technology at the CES electronics trade fair in Las Vegas on Monday, enabling drivers to have researched content read to them during their drive.

News for Volkswagen AG Stock (VWAGY)