Volkswagen Ag Stock News

The ship, Felicity Ace, which was traveling from Emden, Germany, where Volkswagen has a factory, to Davisville, in the U.S. state of Rhode Island, burns more than 100 km from

The shipping company and car makers say it is too early to determine the cause of the fire, the latest supply-chain setback for the auto industry. The crew was evacuated earlier in the week.

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A massive cargo ship carrying thousands of luxury vehicles has been adrift in the Atlantic Ocean since Wednesday after it caught fire, and the crew abandoned the ship to escape. The ship Felicity Ace, carrying Volkswagen Group vehicles destined for the U.S., was traveling from Emden, Germany, to Davisville, Rhode Island. It was about 90 []

NEW YORK, Feb. 18, 2022 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Volkswagen AG (OTC: VWAGY) between March 29, 2021 and March 30, 2021, inclusive (the “Class Period”), of the important March 15, 2022 lead plaintiff deadline .

CNBC's Brian Sullivan talks to Automobil Lamborghini Americas CEO Andrea Baldi at the Tiger 21 Conference in Arizona.

A ship carrying luxury cars such as Porsches and Bentleys had to be abandoned in the Atlantic Ocean after it caught fire on Wednesday. The vessel, named Felicity Ace, was travelling from Emden in Germ

A container ship carrying a number of Volkswagen Group vehicles from Germany to the United States caught fire near the coast of Portugal's Azores islands on Wednesday evening, a spokesperson for Volks

Volkswagen Group (OTC: VWAGY) CEO Herbert Diess said on Wednesday self-driving technology will be a big game-changer in the coming years and that the German automaker is working on a $22,000 electri

Volkswagen Chief Executive Herbert Diess expects the car industry to see widespread autonomous driving within 25 years, the manager said on Wednesday in a question-and-answer session on the social med

German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this year, although it should be able to ramp up production in the second half of the year, Chief Executive Herbert

The works council of Volkswagen said on Wednesday it hopes for a final decision on exactly where the German company will build a new electric vehicle plant in the first quarter, adding it wants it clo

On CNBC’s “ Halftime Report Final Trades ,” Joseph Terranova of Virtus Investment Partners said that Deere & Company (NYSE: DE ) is like the Tesla Inc (NASDAQ: TSLA ) of farming. The company is scheduled to report earnings this week. “Autonomous tractors, they’re coming,” he added. Stephen Weiss of Short … Full story available on Benzinga.com

Electric Vehicle sales went up to 6.6million units, globally in 2021, even as it was faced with challenging supply chain bottlenecks, the latest International Energy Agency report indicates. This result, according to the agency, represents close to 9 percent of the global car market and more than tripling their market share from the last two years. However, the success of electric vehicles has been hampered by a lack of component supplies and rising bulk material prices, putting supply-side concerns at the forefront of government and business agendas. “In 2021, the price of steel skyrocketed by as much as 100 per cent, aluminum around 70 per cent, and copper by more than 33 per cent, affecting both conventional and electric cars.” Although, higher pricing for materials used to create batteries posed further obstacles for electric vehicles. “To mention a few, the price of lithium carbonate grew by 150 per cent year on year, graphite by 15 per cent, and nickel by 25 per cent,” the report stated.

SHANGHAI: Volkswagen''s Audi and its Chinese state-owned partner FAW Group have received approval from Chinese authorities to start construction on their $3.3 billion electric vehicle joint venture plant, according to a government notice. The planning regulator of China''s northeastern province of Jilin said work on the plant, which will be based in the provincial capital of Changchun city, is planned to start in April and that the companies will invest a total of 20.93 billion yuan ($3.29 billion) in the plant. The plant will start production in December 2024 and have the capacity to manufacture 150,000 cars a year, according to the regulator. Its statement also showed the approval was given on Feb. 11, and that the venture plans to produce three electric models, including Audi''s e-tron SUV. "The Audi FAW NEV project is an important cornerstone of Audi''s electrification strategy in China," a Volkswagen spokesperson said, confirming the approval. "We are consequently pushing forward the relevant works in this project.