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.

Germany's Volkswagen is not concerned by any Apple plans for a passenger vehicle that could include the iPhone maker's battery technology, its chief executive Herbert Diess said.

Volkswagen CEO Diess 'not afraid' of an Apple electric car

Volkswagen AG late Friday called itself an "unintended victim" in a battle between two battery suppliers and urged the U.S. government to extend a reprieve to buy batteries key to its planned U.S. electric vehicle production.

VW 'unintended victim' in battery supplier dispute, seeks four-year reprieve

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Volkswagen AG's (OTC: VLKAF) software company Car.Software Organisation extends partnership with Microsoft Corporation (NASDAQ: MSFT) to create a cloud-based Automated Driving Platform (ADP) on Microsoft Azure towards heightened advanced driver assistance systems (ADAS), and automated driving (AD) functions for passenger cars across Volkswagen Group brands. Volkswagen and Microsoft have been Volkswagen Automotive Cloud (VW.AC) partners since 2018.

Volkswagen Extends Partnership With Microsoft To Boost Cloud-Based Automated Driving Platform

Volkswagen AG on Thursday said it will use Microsoft Corp's cloud computing services to help it streamline its software development efforts for self-driving cars.

Volkswagen taps Microsoft's cloud to develop self-driving software

WOLFSBURG, Germany and REDMOND, Wash., Feb. 11, 2021 /PRNewswire/ -- Volkswagen Group further strengthens its capabilities in the development of automated driving (AD) solutions. The Group's software company Car.Software Organisation will collaborate with Microsoft to build a cloud-based...

Volkswagen Group teams up with Microsoft to accelerate the development of automated driving

Volkswagen is conducting research in China about developing flying cars, the automaker said in a statement on Tuesday. "Beyond autonomous driving the concept of vertical mobility could be a next step to take our mobility approach into the future," the carmaker said in the statement. "We are investigating potential concepts and partners in a feasibility study to identify the possibility to industrialize this approach."

Volkswagen is looking into developing a flying car in China

Carmaker Volkswagen said on Tuesday that it expects chip supply to remain tight in first half of 2021 but that it would do everything to compensate for delay in production in the second half of the year.

Volkswagen expects chip supply to remain tight in first half of 2021

Volkswagen is conducting a feasibility study in China about flying cars, Europe's biggest automaker said on Tuesday, joining a growing number of companies looking into the potential technology.

Volkswagen explores flying cars in China

Porsche CEO Oliver Blume has said over 80% of the vehicles sold by the automaker by the end of this decade will be electric. This will include the hybrid as well as the fully electric variants, Bloomberg has reported, citing German outlet Bild am Sonntag.

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Volkswagen has confirmed that the images of the battery electric SUV that leaked embarrassingly out of China yesterday were of its largest EV to date, the ID.6.

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As investors continue to learn about the 2021 chip shortage, they should keep these 7 hard-hit stocks on their radars. The post Chip Shortage 2021: 7 Companies Feeling the Heat From Global Semiconductor Demand appeared first on InvestorPlace.

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Europe needs to stump up cash to boost its chip industry, a board member of the continent's largest carmaker Volkswagen said, pointing to a global semiconductor shortage that has highlighted dependence on foreign players.

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Another Volkswagen electric vehicle has been confirmed, with Chinese regulatory filings this week showing the seven-seat ID.6 SUV EV in its full production trim.

Chinese Regulatory Filings Reveal Volkswagen's Seven-Seat ID.6 EV SUV

Volkswagen AG (XTER:VOW3) is making a big play in the electric vehicle space. Indeed, unlike the many other established automakers that have largely contented themselves with merely establishing beachheads in the still nascent EV market, the company has committed to an all-out offensive.

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It's targeting Waymo as the benchmark for self-driving success.

VW Group will handle self-driving car development in-house, report says

Volkswagen will begin selling additional models of its first "global" EV built from the ground up to be electric. The post Volkswagen Sees Sales Of Tesla Model Y Rival 'Well Over' 100,000 This Year appeared first on Investor's Business Daily.

Volkswagen Sees Sales Of Tesla Model Y Rival 'Well Over' 100,000 This Year

Volkswagen is looking into buying chip supplies directly from manufacturers, according to a company executive, as automakers battle a global semiconductor shortage.

Volkswagen looks at direct buying to secure scarce chips

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Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions of dollars.

News for Volkswagen AG Stock (VWAGY)