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.

VW is ramping up to take a big share of China's EV market.

Volkswagen Invests $2.3 Billion in China EVs, Takes Stake in NIO's Manufacturing Partner

Volkswagen AG  plans to boost its electric push in China, the world's biggest auto market, by pumping 2.1 billion euros in two Chinese electric vehicle players.

Volkswagen pumps 2 billion euros into China electric vehicle bet

German automaker Volkswagen  will have full management control of its JAC-VW joint venture, the company's China CEO said on Friday.

Volkswagen says it will have full control of JAC-VW Chinese venture

Volkswagen AG (VW)  said on Friday it has agreed to invest 2.1 billion euros ($2.33 billion) in two separate Chinese electric vehicle players, upping its bet on the world's biggest auto market as international rivals seek to muscle in.

Volkswagen raises China electric vehicle bet by 2 billion euros, buys stakes in two separate firms

Anhui Jianghuai Automobile Group (JAC Motors)  said on Friday that German automaker Volkswagen AG  agreed to buy 50% of its parent company Anhui Jianghuai Automobile Group Holding.

Volkswagen agrees to buy 50% of EV partner JAC's parent company

Germany's biggest labor union criticized Volkswagen  on Thursday for a recent advert deemed racist and other "errors", saying management had damaged the carmaker's reputation and put jobs at risk.

German union accuses Volkswagen of 'management errors' that put jobs at risks

Ford Motor Company

Volkswagen  said on Thursday its supervisory board had approved further projects in its alliance with Ford.

Volkswagen approves further projects in Ford alliance

Volkswagen (ETR: VOW) is in the final phase of negotiation to close its investment deals with electric vehicle (EV) companies in China. The investments dubbed its largest are aimed at expanding VW’s footprint in the world’s largest EV market.

Volkswagen to finalise its largest M&A investments in Chinese EV firms

Volkswagen AG  is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates its push into the world's largest market for environmentally friendlier cars.

Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources

The court ruling essentially provided a template for thousands of lawsuits, and it says affected drivers can return vehicles for partial refunds.

German court: Drivers entitled to refunds over Volkswagen diesel emissions

As Volkswagen (VWAGY) loses the landmark Dieselgate case in its home country, the court rules that the claimants are entitled to return their vehicles for partial reimbursement of the purchase price.

Volkswagen Dieselgate Update: Here's What You Should Know

German automaker Volkswagen  said on Monday it had satisfied federal requirements to resume production in Mexico but would not make announcements about renewing operations as long as a decree in the state of Puebla remains in effect.

Volkswagen Mexico won't talk of restart while state decree in place

A German federal court announced its verdict on the Volkswagen’s (ETR: VOW) landmark case on Monday. The judge made VW liable to make compensatory payments to owners seeking damages for manipulated diesel engines in the Volkswagen vehicles they purchased.

German court says vehicle owners are entitled to receive damages from Volkswagen

A German federal court judge ruled that Volkswagen  has to pay compensation to motorists who purchased vehicles with manipulated diesel engines, a major blow for the carmaker in its home market as it continues to reel from the emissions scandal.

VW loses landmark German case as diesel owners stand to receive damages

A German federal court judge ruled on Monday that Volkswagen  has to pay compensation to motorists who purchased vehicles with manipulated diesel engines, a major blow for the carmaker in its home market as it continues to reel from the emissions scandal.

German court rules Volkswagen car owners entitled to damages in emissions scandal

A group representing many major automakers on Friday said it was intervening in a lawsuit that says the Trump administration did not go far enough in weakening -- but not freezing -- Obama administration standards to revise fuel economy standards.

Automaker trade opposes effort to freeze U.S. fuel efficiency standards

The VW ad ran on Instagram briefly before the company pulled the spot amid backlash.

Volkswagen 'horrified' over racist Golf ad

The ad depicted a large, white hand pushing a dark-skinned man around a parked VW Golf, before flicking him into a doorway.

Volkswagen apologizes for 'racist' ad posted on Instagram account

Volkswagen has apologized for posting a racist video promoting its new Golf 8 on the company's official Instagram page.

Volkswagen apologizes for racist Instagram advert for new Golf

Car maker says it is ‘horrified’ by the ad that featured a large white hand ‘flicking’ a black man

Volkswagen withdraws Golf car ad that sparked racism row

Volkswagen  withdrew on Wednesday an advert posted on its official Instagram page for its Golf cars that it admitted was racist and insulting, saying it would investigate how it came about and draw consequences.

Volkswagen admits car advert racist, apologises

A German court said on Wednesday it was ending proceedings against the chairman and chief executive of Volkswagen AG  after the carmaker agreed to pay a fine of 9 million euros ($9.9 million) over the diesel emissions scandal.

German court ends diesel case against Volkswagen CEO, Chairman

Volkswagen  said it agreed with a German court to pay 9 million euros ($9.9 million) to end legal proceedings against its chairman and chief executive, who were accused of holding back market-moving information on rigged emissions tests.

Volkswagen pays 9 million euros to end proceedings against chairman, CEO

The Coronavirus pandemic has brought the global auto industry to a near halt. Car manufacturers from across the globe have reported COVID-19 to have weighed on performance in recent months.

Volkswagen and Ford Motor to collaborate on self-driving and electric vehicles

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Tesla

Amid economic weakness, declining consumer sentiment and global COVID-19 mayhem, a sustainable rebound in China is unlikely anytime soon.

News for Volkswagen AG Stock (VWAGY)