Volkswagen's Audi division will replace current CEO Markus Duesmann on Sept. 1, with Volkswagen strategy chief Gernot Doellner to take over, the carmaker said on Thursday.
Volkswagen highlights ten key takeaways on how the company will close the profitability gap versus its peers. CAPEX on sales will decelerate from the 2023 peak. Supportive sum-of-the-part valuation an
Shares in Volkswagen inched higher on Wednesday, recovering slightly from a selloff the day before when the automaker played down reports it will cut EV output in Germany over the next two weeks becau
Yahoo Finance Live anchors Brad Smith and Julie Hyman takes a look at the electrification trends in the automotive industry.
Volkswagen's head of its business in China said on Tuesday that the carmaker needed clarity on cross-border data transfers in a meeting with the country's Premier Li Qiang, asking how China would coop
A federal judge has ruled in favor of Volkswagen in lawsuits brought against the automaker by two U.S. counties over its diesel emissions cheating scandal.

Volkswagen And Tesla Are The EV Winners In Europe

07:26pm, Thursday, 22'nd Jun 2023
The article focuses on electric vehicle sales in Europe. Tesla, Inc. should continue to take market share in Europe and the Model Y is outselling all other models. On the flip side, Tesla has become a
Volkswagen set new financial targets on Wednesday of 5-7% annual revenue growth by 2027 and 9-11% returns by 2030, aiming to stay disciplined on investment and focus on boosting margins in the face of
Volkswagen subsidiary MAN Energy Solutions on Tuesday said it signed an agreement to sell its gas turbine business to Chinese state-owned CSIC Longjiang GH Gas Turbine Co (GHGT), as the company phases
Volkswagen will face investors hungry for answers at its capital markets day next Wednesday on how it will achieve high cost-cutting targets and whether it will heed their calls for an independent aud
The European electric vehicle (EV) market has experienced significant growth this year, with Volkswagen Group (XETRA:VOW) (VW) maintaining its leading position in the sector. The report reveals that

SPAC Deal Sparks Surge in EV Battery Supply Chain

10:27am, Wednesday, 14'th Jun 2023
As EVs take over the world, PowerCo, Stellantis, and Glencore team up to secure their supply of vital raw materials by investing in ACG Acquisition Company.
Volkswagen's passenger car brand aims to increase earnings by around 10 billion euros ($10.82 billion) by 2026 to hit its return on sales target of 6.5%, Chief Financial Officer Arno Antlitz posted on

New Strong Buy Stocks for June 12th

08:13am, Monday, 12'th Jun 2023
ACA, BRDCY, VWAGY, INGR and WRLD have been added to the Zacks Rank #1 (Strong Buy) List on June 12, 2023.
Glencore, automobile firm Stellantis and Volkswagen's battery company PowerCo have entered a US$1bn deal to fund ACG Acquisition Company to buy two mines in Brazil. ACG is a London-listed special pur
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