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.

LOS ANGELES--(BUSINESS WIRE)---- $VWAGY #VWAGY--The Schall Law Firm Encourages Investors in Volkswagen AG with Losses of $100,000 to Contact the Firm

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Volkswagen AG with Losses of $100,000 to Contact the Firm

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Volkswagen AG (“Volkswagen” or the “Company”) (OTC: VWAGY) American depositary receipts (“ADRs”) between March 29, 2021 and March 30, 2021, inclusive (the “Class Period”). Volkswagen investors have until March 15, 2022 to file a lead plaintiff motion. Investors suffering losses on their Volkswagen investments are encouraged to contact the Law O

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Volkswagen AG (VWAGY) Investors

LOS ANGELES--(BUSINESS WIRE)---- $VWAGY #investors--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Volkswagen AG (VWAGY) Investors

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Volkswagen AG (VWAGY) Investors

Volkswagen and Bosch have signed a memorandum of understanding to explore a joint venture dedicated to providing Europe with battery equipment solutions. The two companies aim to supply integrated battery production systems and on-site ramp-up and maintenance support for battery cell and system manufacturers, Volkswagen said.

Volkswagen and Bosch set up JV to push European battery production

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Volkswagen AG (“Volkswagen” or the “Company”) (OTC: VWAGY) American depositary receipts (“ADRs”) between March 29, 2021 and March 30, 2021, inclusive (the “Class Period”). Volkswagen investors have until March 15, 2022 to file a lead plaintiff motion. If you suffered

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Volkswagen AG (VWAGY) Investors

Volkswagen and autos supplier Bosch are planning to form a joint venture to build the machinery to equip Volkswagen's battery cell factories, German monthly Manager magazine reported on Monday, citing anonymous sources.

VW, Bosch plan joint venture to equip gigafactories - report

Volkswagen Group's China unit said on Tuesday its component factory in the northern Chinese city of Tianjin had resumed some shifts since Thursday last week.

Volkswagen Group China's component factory in Tianjin resumes some shifts

German car giant Volkswagen Group (XETRA:VOW) will significantly increase its production of electric vehicles (EV) in China when its third EV plant in the country comes on line at the end of 2023. With the new plant, production capacity will rise by 300,000 to 900,000 New Energy Vehicles (NEV), which encompasses fully electrical and hybrid cars, VW told the German newspaper Welt am Sonntag.

VW to significantly boost EV production in China

Volkswagen could end up owning a minority stake in its battery division, which could be listed in an initial public offering at some point, the carmaker's board member in charge of the business told a newspaper.

Volkswagen open to giving away majority in battery division-board member

Volkswagen is falling further behind Tesla in the race to dominate the market for electric cars.

Europe's largest automaker falls further behind Tesla in the race to electric

Volkswagen Group's China unit said on Thursday it has shut a plant it jointly runs with FAW Group in the city of Tianjin, as well as a component factory, due to recent COVID-19 outbreaks there.

Volkswagen China shuts two plants in Tianjin due to COVID-19 outbreaks

Volkswagen Group's (OTC: VWAGY) global electric vehicle deliveries nearly doubled last year helped by sales of its ID. 4 electric sports utility vehicle and the legacy automaker said it expects the first half of 2022 to be highly volatile due to chip shortages.

Volkswagen Says Global Electric Vehicle Sales Jumped 97% Last Year

Vehicle deliveries of the world's second-largest auto maker fell 4.5% in 2021.

Volkswagen Sales Hit by Chip Shortages As Fears Rise on Omicron Impact in China

Volkswagen vehicles deliveries dropped 8.1% in 2021 to just under 4.9 million amid severe supply chain bottlenecks, the carmaker said on Wednesday, adding it expected the situation to remain volatile in the first half of this year.

Volkswagen sees 8.1% sales drop in 2021 to just under 4.9 million vehicles

Rolls-Royce Holdings PLC

Rolls-Royce and Bentley both set record sales years in 2021, with luxury buyers flocking to high-end models.

Rolls-Royce and Bentley sales skyrocketed in 2021

Volkswagen Group (OTC: VWAGY) said on Tuesday it has set a target of doubling ID electric vehicle sales in China this year after significantly missing the delivery volume last year due to semiconductor shortages that hurt production.  What Happened: The German automaker told Benzinga it aims to sell a minimum of 140,000 IDs in China in 2022 as it continues to face chip shortages headwind.

Volkswagen Aims To Double ID EV Sales In China This Year After Missing 2021 Target

Volkswagen's Skoda Auto said on Tuesday its global deliveries dropped 12.6% year-on-year in 2021 to 878,200 cars as the industry suffered from a semiconductor shortage and the impact of the COVID-19 pandemic.

Volkswagen's Skoda Auto reports 12.6% drop in 2021 global deliveries to 878,200 cars

Volkswagen AG sold 70,625 of its ID battery electric vehicles in China last year, the company said on Tuesday in material distributed to media before a briefing.

Volkswagen says it sold 70,625 ID electric cars in China in 2021

Volkswagen AG expects inflation to ease later this year but warned there would be no significant improvement in the global semiconductor shortage, Chief Financial Officer Arno Antlitz told the Wall Street Journal in an interview.

Volkswagen CFO expects inflation to ease and chip shortage to drag on - WSJ

Americans may be feeling uneasy about the economy, but if sales of ultra-luxury cars are any indication, the super rich are doing just fine. Both Rolls-Royce and Bentley posted record sales in 2021.

Think 2021 was bad? Not for Rolls-Royce, Bentley and Lamborghini

Volkswagen will show a production version of its long-awaited ID.Buzz, an electric reincarnation of its beloved Microbus or Kombi, on March 9 and plans to launch it in the United States in late 2023, the company said on Friday.

Finally, Volkswagen brings back the Microbus, with a battery

Luxury British carmaker Bentley cruised to a record year in 2021 as global sales jumped 31% amid strong demand for high-end vehicles, the Volkswagen AG unit said on Thursday.

Bentley cruised to record year in 2021 with luxury cars in high demand

Toyota Motor

Tesla

Watch out, Elon: Volkswagen and Toyota have you in their sights, with both announcing major new investments in electric vehicles to compete against market-leader Tesla.

VW and Toyota take aim at Elon Musk's Tesla with $170B investment in EVs

The Volkswagen Group's electric vehicle (EV) ramp up continues, with a 2022 over-the-air (OTA) upgrade planned to give the ID.4 and ID.5 electric SUVs bi-directional charging.

Volkswagen Adds Bi-Directional Charging For ID.4 And ID.5 In Europe

Volkswagen Group (OTC: VWAGY) missed its target of selling up to 100,000 ID. series electric vehicles in China in 2021 but sped past local rival Nio Inc (NYSE: NIO) in December deliveries.

News for Volkswagen AG Stock (VWAGY)