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's Czech unit Skoda Auto plans to shift production of some high-earning models to other VW group plants in other countries, the carmaker's trade union boss said in an article on Thursday.

Volkswagen's Skoda Auto aims to shift some production, union says

Navistar

Shares of Navistar International Corp. NAV, +16.50% soared 16.5% toward a two-year high in morning trading Thursday, after Germany-based Volkswagen AG's VLKAF, +0.02% VOW, +0.24% subsidiary Traton SE raised its bid to buy the truck maker by about 23% to $3.6 billion.

Navistar's stock soars toward 2-year high after Volkswagen's Traton raises buyout bid by about 23%

Volkswagen's trucks arm Traton on Thursday increased its takeover offer for U.S. peer Navistar to $43.00 per Navistar share, up from $35 per share.

VW's trucks arm Traton sweetens Navistar offer to $43 per share

Former Volkswagen Chief Executive Martin Winterkorn will face charges of conspiracy to commit organized commercial fraud with a high likelihood of conviction, a court probing the carmaker’s diesel emissions scandal said on Wednesday. A court in Braunschweig, Germany, near where Volkswagen is headquartered, expanded the list of charges beyond fraud to include organized commercial fraud,.

Former Volkswagen CEO to face charges of organized commercial fraud

General Motors

Toyota Motor

On Tuesday, General Motors Company (NYSE: GM) announced it took an 11-percent stake in Nikola Corporation (NASDAQ: NKLA), one major challenger to Tesla Inc (NASDAQ: TSLA).

Traditional Automakers Are Making The Transition To Electric

The newest electric car from Volkswagen has been critically panned by a German auto magazine, which said the vehicle fell short of the world's largest automaker's usual standards.

Volkswagen’s new electric car panned by German auto magazine

Former Volkswagen Chief Executive Martin Winterkorn will face charges of conspiracy to commit organized commercial fraud with a high likelihood of conviction, a court probing the carmaker's diesel emissions scandal said on Wednesday.

Ex-VW CEO to face charges of organized commercial fraud

Germany's Auto Motor und Sport said Volkswagen's new electric car, the ID.3, had fallen short of the carmaker's usual standards of fit and finish, and had a limited operating range, when it reviewed the car ahead of its launch.

Volkswagen's new electric car panned by Germany's leading test publication

German carmaker Volkswagen said late Monday it had severed ties with a distributor in Mexico City after a Twitter user posted photographs taken at the business showing a wall decorated with an image of a Nazi celebration of the Beetle car.

Volkswagen drops Mexico City dealership that displayed Nazi poster

Volkswagen CEO Herbert Diess brushed aside speculation of a potential partnership with Tesla after he gave Elon Musk a test drive of the German carmaker's new ID.3 electric car.

Volkswagen CEO Herbert Diess denies Tesla ties after he is seen with Elon Musk

Tesla

Volkswagen's Chief Executive Herbert Diess on Monday sought to quell speculation that the world's largest carmaker, which is on a mass production push for electric cars, has plans to develop deeper ties with start-up rival Tesla.

VW not seeking a deal with Tesla, CEO Diess says

Volkswagen sees no need for a four-day week at its plants to secure jobs despite a growing shift to electric cars that are easier to build and require fewer workers, the company's head of labour relations was quoted saying on Sunday.

Volkswagen's labour chief rules out four-day week to save jobs

While Tesla Inc (NASDAQ: TSLA) grows and sells more electric vehicles and batteries, the company's ultimate goal is to transition the entire world to sustainable energy.

Elon Musk Talks With Volkswagen CEO In Germany

Tesla Chief Executive Elon Musk met Volkswagen's Chief Executive Herbert Diess for a courtesy visit during which Musk took a test drive in Volkswagen's new electric car, a source familiar with the matter said on Friday.

Tesla CEO met VW CEO during Germany visit: source

Kensington Capital Acquisition Corp. II

QuantumScape, a solid-state battery maker backed by Bill Gates and Volkswagen AG (OTC: VWAGY), is going public via SPAC Kensington Capital Acquisition (NYSE: KCAC).

Bill Gates And Volkswagen-Backed EV Battery Maker QuantumScape Going Public Via SPAC

QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG , said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of $3.3 billion.

VW-backed U.S. battery maker QuantumScape to go public at $3.3 billion valuation

Volkswagen AG said on Wednesday it will start testing autonomous vehicles in China's eastern city of Hefei, its first in the world's biggest auto market.

Volkswagen to test autonomous vehicles in China's Hefei

Shares of Volkswagen AG (ETR: VOW) are set to open lower on Monday after luxury sports vehicle unit Porsche AG launched an investigation into suspected engine manipulation. Volkswagen stock price ended the prior week over 2% lower.

Volkswagen stock price set to tumble as its Porsche opens investigation

Volkswagen AG (OTC: VWAGY) announced Thursday it was stepping up its “electric offensive” and producing its first all-electric SUV under its ID brand in Germany.

Volkswagen All-Electric ID.4 SUV Goes Into Production

A U.S. judge on Thursday dismissed portions of a U.S. Securities and Exchange Commission lawsuit against Volkswagen AG related to the German automaker's diesel emissions scandal.

U.S. judge narrows SEC lawsuit against VW over diesel emissions

Volkswagen has started series production of the ID. 4, an all-electric SUV and the first under the automaker’s new ID label to be headed to the United States.

VW kicks off production of its all-electric SUV, the ID. 4

Production has started in Germany on the first electric SUV from the Volkswagen brand, marking the latest push by the world's largest carmaker into cleaner vehicles.

Volkswagen now has another electric SUV to take on Tesla

Bayerische Motoren Werke AG

Ford Motor Company

Many global automakers lost money in the coronavirus-stricken first half of 2020 and underlying performances at BMW, VW and Ford point to the need for drastic reform, while GM and Tesla can rest on their laurels for a while. VW was poor compared with Toyota, the top two biggest carmakers.

BMW, VW, Ford Losses Show Action Is Needed, But Tesla Outshines Its Opposition: Report

Fiat Chrysler

Honda

The voluntary pact among five major automakers and CARB is made enforceable. Per the deal, the firms are set to comply with tough emission rules, outstripping Trump's weaker curbs on tailpipe pollution.

Auto Biggies Sidestep Trump, Seal Emissions Deal With CARB

Volkswagen's Mexico unit has agreed an increase in worker pay and benefits of 5.46% in a new collective contract, the local trade union for the German automaker said on Tuesday.

News for Volkswagen AG Stock (VWAGY)