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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

After decades of trying to sell German engineering to Americans only to end up with a tiny slice of the world's most profitable car market, Volkswagen has a new strategy: Revive a once-beloved brand that hasn't produced cars since 1980.

Volkswagen Bets an Old SUV Can Help It Win Over Americans

Volkswagen and its Audi unit have agreed to an $85 million settlement in principle over violations of Texas environmental laws stemming from its diesel cheating scandal, Texas Attorney General Ken Paxton said Thursday.

VW, Audi agree to $85 million diesel settlement in principle with Texas -- state

Stellantis N.V. 

Toyota Motor

Automakers, including Toyota and Volkswagen, should decarbonise their steel supply and cut back on the material's consumption by reducing the size of vehicle models, Greenpeace said on Thursday.

Despite promises, automakers lack 'concrete actions' to decarbonise steel - Greenpeace

Despite the EV buzz, Volkswagen's shares remain under the radar, with the stock trading at a trailing PE ratio of 4.83. The transition towards electric mobility is going well, with deliveries of EVs increasing 42% in Q1 2023.

Volkswagen: The Undervalued Giant In The EV Revolution

Volkswagen has completed the sale of its shares in its Russian business Volkswagen Group Rus LLC as well as its local subsidiaries, the German carmaker said on Friday, following approval of the deal by Russian authorities.

VW sells shares in Russian business to a local investor

The rise of customization is driving record profits across the super-car segment, from Rolls-Royce and Ferrari to Lamborghini, Aston Martin and McLaren.

Bentley CEO says customization craze among the wealthy is boosting profit

BYD Company Limited

Li Auto Inc.

With governments across the world pushing for EVs and China aiming for 40% of new vehicle sales by 2030, it's time to look at the best EV stocks to buy. Besides China, several other countries are gearing up for a major push towards EVs which means EV makers will take home big gains in the next few years.

The 3 EV Stocks You Need to Own Now for Maximum Returns

German carmaker Volkswagen plans to overhaul its core brand to increase efficiency and returns, according to an internal memo from VW brand chief Thomas Schaefer seen by Reuters on Wednesday.

Volkswagen plans core brand revamp to boost returns -internal memo

Volkswagen Chief Financial Officer Arno Antlitz said on Wednesday rising battery material costs mean it will be 2025 before the automaker can build some electric vehicles at the same profit margins as combustion models.

Volkswagen aims for 'margin parity' on some EVs by 2025

AUSTIN, Texas--(BUSINESS WIRE)-- #aerospace--Former Pres. and CEO of Volkswagen Group of America, Hinrich Woebcken has joined space company CesiumAstro as an advisor to bridge connected mobility.

CesiumAstro Welcomes Hinrich Woebcken, Former CEO of Volkswagen Group of America, as Senior Executive Advisor

Chinese OEMs like BYD, Geely and GAC are increasing BEV units at a higher rate than VW Group. Rivals like Tesla, Mercedes and BMW had higher growth rates of BEVs in Germany from 2021 to 2022.

Volkswagen's Recent BEV Growth Is Underwhelming

FRANKFURT, Germany (AP) — Volkswagen's annual shareholder meeting was briefly disrupted Wednesday by protests over the company's factory in China's Xinjiang province, with a shouting, topless activist interrupting the speech by CEO Oliver Blume before she was hustled away by security personnel.

VW's shareholder meeting disrupted by protests over its factory in China's Xinjiang province

Volkswagen software unit Cariad will likely bring its next generation 2.0 platform to market towards 2027 or 2028, its chief financial officer said at a Financial Times conference on Thursday.

Volkswagen CFO: Next-generation software platform to come towards 2027, 2028

Shouts erupted and an object resembling cake was thrown during different points of the meeting.

Activists Disrupt Volkswagen Shareholder Meeting Over Forced Labor Concerns

BYD Co Ltd

The growing popularity of EVs is a significant catalyst for the growth of the foreign auto market. Ride the green revolution with four top-ranked auto stocks - BYDDY, VWAGY, BAMXF and STLA.

4 Hot Stocks to Tap the Foreign Auto Industry's Growth Potential

The 2024 Mini Clubman subcompact car blends sensible with sensational. It has the usual Mini personality and poise, with an extra helping of practicality.

The 2024 Mini Clubman is zippy and responsive, but with extra space and practicality

VW Group has switched up the leadership at Cariad once again, just three years since the automaker created the software unit. On Monday, Cariad's board replaced its CEO Dirk Hilgenberg with Peter Bosch, who was previously responsible for manufacturing at VW's Bentley brand.

Volkswagen shakes up software arm Cariad — again

The automaker named Peter Bosch, a company insider, to head its struggling Cariad venture, part of a broader overhaul of how it develops the software for its cars.

VW Taps Bentley Executive to Fix Software Unit

Amazon

First Solar

Fisker Inc

General Motors

Lucid Group

Netflix

Rivian Automotive

Tesla

The electric vehicle (EV) movement has become a secular tailwind driven by both global decarbonization initiatives, social awareness and government incentives. EV stocks have seen a boom and bust cycle in the past three years with EV stocks losing most of their value.

Is the Electric Vehicle Movement Losing Steam?

Volkswagen will announce later on Monday the removal of leadership at its troubled software arm Cariad and the appointment of Bentley production chief Peter Bosch to take the unit's helm, two sources close to the company said.

Bentley production chief to lead Volkswagen's software overhaul - sources

ImmunityBio

Schrodinger 

Stem, Inc

Darling Ingredients

Elbit Systems

Freeport-McMoRan

With short sellers viciously attacking many popular stocks and Wall Street worrying too much about the macroeconomic outlook, there are a multitude of undervalued growth stocks for investors to buy now. Plus, three recent factors have increased my optimism about growth stocks.

The 7 Most Undervalued Growth Stocks for Your May Buy List

In his first major restructuring move since becoming chief last year, Oliver Blume is expected to oust Cariad's leadership after the venture caused delays to new model launches.

VW's New CEO Expected to Replace Management of Ailing Software Unit

Ford Motor Company

Now that we're a few days into May and many electric vehicle (EV) manufacturers have released their April delivery numbers, investors have a better idea of the best EV stocks to buy. While Tesla (NASDAQ: TSLA ) is still considered by most to be the king of EVs, there are plenty of companies gunning for its throne.

The 3 Most Promising EV Stocks to Buy for May 2023

Volkswagen AG (OTCPK:VWAGY) Q1 2023 Earnings Conference Call May 3, 2023 3:00 AM ET Company Participants Rolf Woller - Head, Group Treasury & IR Arno Antlitz - CFO & COO Conference Call Participants George Galliers - Goldman Sachs Group Tim Rokossa - Deutsche Bank Horst Schneider - Bank of America Merrill Lynch Michael Tyndall - HSBC Henning Cosman - Barclays Bank Gautam Narayan - RBC Capital Markets Frank Biller - Landesbank Baden-Wurttemberg Jose Asumendi - JPMorgan Chase & Co. Operator Good morning, ladies and gentlemen. Thank you for standing by.

Volkswagen AG (VWAGY) Q1 2023 Earnings Call Transcript

Volkswagen and Bosch (ROBG.UL) have cancelled their plans to create a joint venture to equip battery cell factories, Bosch said on Thursday.

News for Volkswagen AG Stock (VWAGY)