Volkswagen Ag Stock News

GF - Part1: Impact Of EU-Russian Sanctions On German Energy

Volkswagen surges on upbeat earnings while Prosus slumps on China tech regulation worries

Ford and Volkswagen expanded their collaboration on an electric vehicle share architecture with a plan to build another model off the platform. Read more.

Deadline Tomorrow Reminder: The Schall Law Firm Encourages Investors in Volkswagen AG with Losses of $100,000 to Contact the Firm

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Monday Market Open) Geopolitical risks are bearing down on the markets as a new week of trading is about to kick off. Equity index futures were much higher overnight but have significantly trimmed those gains. In fact, the Nasdaq futures were up about 100 points but turned negative before the open. Investors had reasons for positivity with news that virtual peace talks between Russia and Ukraine have seen progress. Russia may be seeing pressure from various places. Over the weekend, there were reports of Russia getting low on munitions and seeking help from China; however, China has denied the report. Additionally, Russia may be at risk of defaulting on debt payments as the ruble has weakened significantly and much of Russia’s assets are tied up in sanctions. Numerous commodities are pulling back on the news around the Russia-Ukraine conflict. Crude oil was down about 4% before the opening bell.

Ford said it now expects to produce 1.2 million electric vehicles using Volkswagen''s platform over six years, starting in 2023.

Toyota (TM) and Volkswagen (VWAGY) (VLKAF) have suspended some of their China operations amid government efforts to combat the largest COVID-19 outbreak in the country in two…

A Preview Of The Crazy Week Ahead Here is just a sample of the events on deck this week: a Fed rate hike, a Russian default, a meeting between the US and China, even more sanctions against Russia, the first double-digit (10%) PPI print in decades, a big drop in retail sales, a freak surge in covid across China, oh and a $3.3 trillion notional option expiration on Friday and all happening with liquidity at record lows. Yes, this week will be insane. As DB''s Jim Reid summarizes what''s coming, it''s a big central bank week with the Fed the obvious focal point mid-week. The BoE and the BoJ also hold meetings, along with some of their emerging markets counterparts. We''ll also see CPI for Japan and Canada and a number of housing market statistics in the US and China. Earnings will include Volkswagen, FedEx and Enel, among others. Wednesday will also be a landmark day even outside of the Fed as this is the date that two Russian Eurobonds have coupon payments. These are small (c.$120bn out of c.$1.75bn of annual hard currency coupons) but will be hugely symbolic.

Foxconn Halts iPhone Production At Factories In Shenzhen Due To Lockdown Beijing''s decision to lock down 17.5 million people in China''s de facto ''tech capital'' of Shenzhen is already creating serious problems for global supply chains. Now, it appears that among the earliest casualties of this latest lockdown is the perennially popular iPhone. Because, as Bloomberg reports , Apple supplier Foxconn has been forced to scale back production at two sites used to make iPhones due to the lockdowns. The firm is shifting production away from two campuses in the area to try and reduce the impact from the lockdown. The Taiwanese company, also known as Hon Hai Precision Industry Co., has its China headquarters in the area and a key manufacturing site in Guanlan. It is suspending operations at the two campuses and has reallocated production to other sites to reduce impact from the disruption, the company said in a statement. Foxconn didn’t specify the length of the suspension. The measures from the Chinese government call for non-essential businesses in Shenzhen to halt until March 20.

Futures Fade As Yields Soar, Oil Slides And China Stocks Crater US equity futures held on to modest gains overnight as the market desperately clung on to hope that the latest ceasefire talks between Russia and Ukraine which started on Monday, may yield results (clearly forgetting how the rug was pulled from under the market on Friday in an identical setup), which initially sent stocks higher especially in Europe, despite a surge in 10Y TSY yields to 2.10%, the highest since July 2019, two days ahead of the first Fed rate hike, and a complete collapse in Chinese stocks. And while U.S. index futures were still pointing to a positive open with negotiations between Russia and Ukraine set to continue, this gain is fading fast, with spoos now up just 0.5% after rising 1% earlier… ... as headlines from the Kremlin suggested that a ceasefire is the last thing on Putin''s mind. *KREMLIN: RUSSIA WILL REALIZE ALL ITS PLANS IN UKRAINE OPERATION *KREMLIN: UKRAINE OPERATION WILL BE COMPLETED ON SCHEDULE *KREMLIN: RUSSIA DIDN''T REQUEST CHINA MILITARY AID FOR OPERATION *KREMLIN: RUSSIA HAS RESOURCES NEEDED TO COMPLETE UKRAINE ACTION And while futures would normally be deep in the red by now, and will be shortly now that AAPL is at LOD...

Ford added to its plans to double EV output by 2026 with a deeper production pact with Volkswagen and a new battery-making deal with South Korea''s SK On.

Ford said it now expects to produce 1.2 million electric vehicles using Volkswagen's platform over six years, starting in 2023.

The plan includes doubling the number of vehicles it will build in partnership with Volkswagen. The collaboration was originally confirmed for 600,000 units of a single crossover over six years but wi

Volkswagen Group (OTC: VWAGY ) CEO Herbert Diess on Friday praised Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk for his speed and approach and said the two automakers can be a complementary force in the electric vehicle market. What Happened: Diess launched Volkswagen''s ID. Buzz , the electric variant of its iconic Microbus from the 1950s, at the South by Southwest conference in Austin, Texas. The model will first hit European markets. In an online conversation with tech-focused channel Fortt Knox, Diess shared his thoughts about Tesla and said he was “impressed” with Musk’s pace, his approach, and how the two companies can learn from each other. “I am always curious about what he''s coming forward … Full story available on Benzinga.com

Volkswagen on Monday said it has deepened its e-mobility partnership with Ford under which the U.S. carmaker will produce a second electric vehicle for the European market based on its German rival's