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About 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, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment covers the development of vehicles and engines; 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 light commercial vehicles, 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, turbo compressors, industrial turbine,s and chemical reactor systems; and the production of gear units, propulsion component,s and testing systems. The Financial Services segment involves dealer and customer financing, leasing, banking, insurance, fleet management services. The company was founded on May 28, 1937 and is headquartered in Wolfsburg, Germany.
Herbert Diess

Berliner Ring 2
Wolfsburg, Niedersachsen (Lwr
Phone: 49.5361.9.0


Volkswagen Hires Ex-Tesla, Rivian Executive for Shot in Cariad Software Arm
Oct 03, 2023 10:16am

Volkswagen Group’s software company, Cariad, will enlist Rivian and Tesla veteran Sanjay Lal to speed up development of technology for digitization and electrification.

Source:The Wall Street Journal
Volkswagen plans entry-level electric crossover for 2026
Oct 02, 2023 20:38pm

Volkswagen is simplifying its production network as it expands its range of electric vehicles. The firm outlined some of the manufacturing-related changes it will make in the coming years, and it shed light on an electric crossover that will slot near the bottom of its lineup. Built in the Wolfsburg plant located a stone’s throw … The post Volkswagen plans entry-level electric crossover for 2026 appeared first on Best News .

Qatar set to host Geneva International Motor Show this week
Oct 02, 2023 13:23pm

Qatar is set to host this year’s Geneva International Motor Show (GIMS) this week, from 5-14 October, showcasing latest innovations from the industry, performances and adventure, Anadolu Agency reports. Spanning over 10,000m² at the Doha Exhibition and Convention Center (DECC), the GIMS Qatar edition will feature 31 automotive brands, including Toyota, Lexus, Porsche, Volkswagen, Lamborghini, BMW, KIA, Audi, McLaren and Mercedes-Benz. Visitors and exhibitors can look forward to an “unprecedented showcase of luxury, sports, exotics and classics,” according to the annual automotive festival’s website. “This is a great opportunity for us,” Sandro Mesquita, CEO of the Geneva International Motor Show, told Anadolu. “Since 2020, we are preparing for the inaugural GIMS Qatar. It is the first time since 1905 that […]

Source:Middle East Monitor
Volkswagen to launch new electric SUV and Golf EV at main German plant
Sep 29, 2023 22:02pm

The Volkswagen brand is preparing its network for the future of electric mobility. Volkswagen announced Friday it will produce a new electric SUV at its main plant in Germany. Meanwhile, an electric The post Volkswagen to launch new electric SUV and Golf EV at main German plant appeared first on Top Tech News .

Source:Top Tech News
Volkswagen Cuts Its EV Output Levels in Germany
Sep 29, 2023 19:34pm

Volkswagen will be dialing back production of its ID.3 and Cupra’s Born EVs at the company’s Zwickau factory until October 16.

These Are The Most-Searched-For EVs By Country
Sep 29, 2023 08:15am

These Are The Most-Searched-For EVs By Country The EV revolution has been in full swing over the last few years, with new electric vehicles reaching milestones in range and affordability. But as with traditional automobiles, countries around the world have different favorite models. So which electric vehicle is each country’s inhabitants interested in? As Visual Capitalist''s Pallavi Rao details below , GRIDSERVE pulled together a database of the most searched-for electric vehicles by country in 2022. Using Google Keyword Planner, they gathered the volume of online searches for 317 EVs across more than 200 countries and mapped the most popular results in each location. The Most Googled Electric Vehicles By Country in 2022 Lexus’ first fully electric car, the Lexus RZ , was the most searched-for model in a whopping 47 countries, more than one-fifth of the entire dataset. The car’s unusual steering—a yoke that isn’t physically connected to the tires—could certainly make it worth a quick Google to see what all the fuss is about.

Source:Zero Hedge
Volkswagen''s Trinity model to be built in Zwickau -Handelsblatt
Sep 29, 2023 07:19am

Volkswagen plans to build its Trinity electric vehicles (EV) at its factory in Zwickau, the German daily Handelsblatt reported on Friday, citing several company sources. The decision on the location for the prestige EV will be discussed at the Volkswagen supervisory board meeting on Friday, Handelsblatt r

Source:Channel NewsAsia
3 Millionaire-Maker Hyper-Growth Stocks Poised to Surge Higher
Sep 28, 2023 22:31pm

As we near the end of 2023, it’s worth noting that this year has been more favorable for stocks than the previous one. However, several hyper- growth stocks have recently experienced a slowdown. Investors are navigating various uncertainties, including the possibility of a recession, elevated interest rates, and an upcoming presidential election. For those looking for potential millionaire-maker returns, now may be the time to consider these three hyper-growth stocks. Shopify (SHOP) Source: Burdun Iliya / Shutterstock.com Shopify (NYSE: SHOP ) helps small businesses create online stores and connect with a global customer base. The company saw strong earnings growth in Q2 with $1.7 billion in revenue, up 31%, and $835 million in profits, up 27%. However, it also reported a Q2 net loss of $1.3 billion due to restructuring costs from layoffs and selling its logistics business. Despite this, the company is rebounding, with SHOP stock rising 10% on a deal to offer Amazon’s (NASDAQ: AMZN ) Buy with Prime program to its merchants .

The Top 3 EV Stocks to Buy Heading Into Q4
Sep 28, 2023 17:37pm

Market participants are distinguishing EV sector leaders from laggards. Unsurprisingly, the electric vehicle category is positioned to grow quickly in the years to come. In fact, EV sales are projected to account for up 18% of total auto sales in 2025 and an estimated 60% of total sales by the end of the decade. This offers substantial growth potential and value creation for market leaders. For example, Chinese EV stocks are rising as reports suggest regulators might ease restrictions on foreign investors’ stakes in publicly traded Chinese companies. This could attract new funding and help the country’s post-pandemic recovery, benefiting companies amid economic challenges. True, most EV stocks uphold a high valuation due to future growth expectations, but what are the top three EV stocks to buy heading into Q4? Let’s take a closer look at three of the companies I think are EV stocks to own right now. XPeng (XPEV) Source: THINK A / Shutterstock.com Chinese electric vehicle maker XPeng (NYSE: XPEV ) has introduced its 2024 P5 sedan.

Technical glitch stifles production at Volkswagen
Sep 28, 2023 08:51am

According to financial daily Handelsblatt, production came to a complete standstill in Wolfsburg and at the company''s plants in Emden, Osnabrueck and Zwickau. Offices at the Wolfsburg headquarters were also affected, Handelsblatt said.

Source:Trends Mena