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.

PARIS--(BUSINESS WIRE)--Regulatory News: ESI Group (Paris:ESI) and FAW-Volkswagen (FAW-VW) TE have commemorated their strategic partnership with the signing of a Memorandum of Understanding (MoU) aimed at advancing intelligent simulation technology within the automotive industry. The ceremony, held at the FAW-VW R&D center in Changchun, Jilin Province, PRC, was officiated by Deng Guohui, Technical Development Director at FAW-VW, and Francis Griffiths, Executive Vice-President and Chief Reve.

ESI Group and FAW-Volkswagen TE Forge Strategic Partnership to Advance Automotive Intelligent Simulation Technology

Toyota Motor

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General Motors

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Ford Motor Company

Stellantis N.V. 

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Workers at Volkswagen's Chattanooga, Tennessee, assembly plant will vote April 17 through April 19 on whether to join the United Auto Workers union in a critical test for UAW President Shawn Fain's unprecedented campaign to expand the union's reach to foreign-owned automakers.

VW workers in Tennessee will vote in April on whether to join UAW

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Volkswagen (VWAGY) & Mobileye to Work on Automated Driving

Mobileye Global Inc

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HANNOVER, Germany--(BUSINESS WIRE)--Autonomous driving is coming. Following an extensive pilot phase with road testing in Germany and the USA, Volkswagen ADMT GmbH, part of Volkswagen AG, is announcing a cooperation agreement with the technology company Mobileye Global Inc. Mobileye shall develop and supply software, hardware components and digital maps for the self-driving ID. Buzz AD. The main part of the agreement covers delivery and use of a self-driving system (SDS) for a special version o.

Volkswagen ADMT Announces Agreement With Mobileye for Autonomous Driving

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Volkswagen will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe's biggest carmaker said on Wednesday.

Volkswagen, Mobileye to bring new automated driving functions to series production

WOLFSBURG, Germany & JERUSALEM--(BUSINESS WIRE)--Volkswagen Group and Mobileye announce a wide-ranging collaboration on intelligent driving, focused on luxury brands and fully autonomous vehicles.

Automated driving: Volkswagen Group intensifies collaboration with Mobileye

The deal builds on an existing supplier relationship between the two companies.

Mobileye Wins Expanded Contract From Volkswagen

Porsche Automobil Holding SE

Porsche reported negative results for 2023 but showed improvements in operating profit and margin. The company's investments in new models and BEV technology come at a price, impacting the bottom line. Despite risks related to the cyclical environment and ownership structure, Porsche's brand image and global presence offer upside potential.

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British luxury carmaker Bentley on Tuesday reported a lower operating profit for 2023 after a weak economy and high interest rates hit sales, but the company said its performance had stabilised and new launches would boost it in 2024.

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Audi Chief Executive Gernot Doellner said on Tuesday that the Volkswagen subsidiary was sticking to its electric vehicle strategy despite facing strong headwinds this year.

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The UAW announced that workers at the Volkswagen assembly plant in Tennessee will hold a vote on unionization after UAW auto workers at the Big Three secured a record contract.

UAW moves to hold unionization vote at Volkswagen plant in Tennessee

Workers at Volkswagen's only U.S. production plant have petitioned to hold an election to join the United Auto Workers, the union announced Monday, which could make it the first foreign-owned automaker plant to join the UAW—in a region where anti-union sentiment runs deep and previous efforts to unionize the VW plant have failed.

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If a vote is scheduled and a majority of workers vote yes, the UAW can begin negotiating with VW.

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The filing comes after a "supermajority of Volkswagen workers have signed union cards in just 100 days," the UAW said.

UAW says VW workers at Tennessee plant file for union election

The United Auto Workers said Monday that workers at Volkswagen's Chattanooga, Tennessee, assembly plant are seeking an election to unionize, setting up a critical test for UAW President Shawn Fain's unprecedented campaign to expand the union's reach to foreign-owned automakers in the southern United States.

UAW says workers at VW Tennessee plant file for union election

Tennessee plant is currently the only Volkswagen plant globally without union representation, according to the UAW

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News for Volkswagen AG Stock (VWAGY)