Company
Volkswagen Group
XETRA:VOW
The Volkswagen Group with its headquarters in Wolfsburg is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. In 2014, the Group increased the number of vehicles delivered to customers to 10.137 million (2013: 9.731 million). The share of the world passenger car market amounts to 12.9 percent. In Western Europe, more than one in four new cars (25.1 percent) is made by the Volkswagen Group. Group sales revenue in 2014 totaled €202 billion (2013: €197 billion), while profit after tax amounted to €11.1 billion (2013: €9.1 billion). The Group comprises twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN.
98 stories
Volkswagen shares fall to pandemic levels on profit warning
Volkswagen warned on profits after-hours on Friday evening
Electric vehicle demand shoots upwards again
Some 17,243 electric vehicles were registered in the UK last month, representing one in five new cars
Lamborghini on track for record year of luxury sports car sales
Hybrid 12-cylinder Revuelto model expected to contribute to 10,000 car sales by end of 2023
EV leasing customers being 'overcharged' by companies such as Lloyds' Lex Autolease and VW
Leasing companies are often owned by banks and car manufacturers, such as Lloyds Banking Group PLC's Lex Autolease and Mercedes-Benz's Athlon
Audi latest to shun Europe with EV production move to US
Audi chief executive Markus Duesmann suggested the firm could seek new production sites in the US, dealing the latest blow to the European market
Audi among companies pausing Twitter advertising over Musk leadership
Both Audi and General Mills Inc have joined General Motors Co in halting advertising on Twitter in reaction to turmoil caused by Musk’s takeover.
Volkswagen's all electric deliveries jump 25%
The BEV share of total deliveries advanced to 6.0% in the period
Porsche's IPO is a big one, but will it ignite the market?
Aston Martin shareholders know only too well what can happen when hearts rule heads in the luxury car market
Porsche IPO set to be largest in Europe since 1999
Reuters reported that book runners involved in the deal said they were covered multiple times
Porsche's IPO: Can UK investors apply and should they?
Early indications also suggest that retail investors could receive an allocation
Volkswagen targets 70-75 billion euro valuation in planned Porsche IPO
Volkswagen said it will price preferred shares in the IPO at 76.50 euros to 82.50 euros per share
Volkswagen confirms intention to float luxury sports car brand Porsche
Investors expect a valuation for Porsche of between €60 billion and €85 billion
Deutsche asset management arm's CEO announces resignation in memo to staff
His resignation follows a police raid on Deutsche Bank's Frankfurt office yesterday over 'greenwashing' allegations
Mercedes UK customers urged to claim after Volkswagen 'Dieselgate' settlement
Volkswagen has settled with ‘Dieselgate’ claimants to avoid its day in court
Volkswagen says it has 'basically sold out' of electric vehicles this year
The German carmaker sold 100,000 electric models worldwide in the first quarter (compared to 310,048 delivered by Tesla)
Porsche sports car sales to be 80% electric by 2030
The 91-year-old sports car maker unveils record sales and rapid electrification plans
Volkswagen EV business returns a profit sooner than expected - CFO
The company sold out many EV models, with profits up to three years ahead of schedule
Volkswagen says its in ‘advanced discussions’ over Porsche IPO
Car giant confirms it is mulling Porsche IPO but stresses any agreement is subject to approval, with a final decision yet to be made
Porsche, Bentley, and VW in the deep end as cargo ship catches fire
The vessel set ablaze on Wednesday, forcing the crew to abandon the vehicles
Carmakers face growing electric vehicle battery cells shortage, warns UBS
A deficit is expected though to the end of the decade but the resulting cost inflation is "manageable" for carmakers, who will raise their prices
Bentley to make first pure electric vehicles in UK from 2025
The VW-owned marque said it plans to initially switch to making hybrid electric vehicles before moving into fully electric cars
VW to significantly boost EV production in China
Production capacity in China will rise by 300,000 to 900,000 New Energy Vehicles when VW's third electric car plant in the country comes on line at the end of next year
Volkswagen to spend US$100bn on electric vehicles over next five years
It aims for 25% of all vehicles sold to be electric by 2026
Volkswagen considering Porsche IPO to fund switch to EVs – reports
The Porsche and Piëch families are considering selling part of their VW stake to fund a substantial shareholding in a possible Porsche IPO, according to Germany's Handelsblatt
VW/Audi board set for talks with McLaren over partnership and F1 entry - report
The company has previous experience in the racing sector, having been regular racers at Formula E
BMW denies interest in buying McLaren – report
According to a report in Automobilwoche, BMW is looking to acquire the supercar business McLaren Automotive, while Audi is eying McLaren's Formula 1 team
Volkswagen launches affordable electric car to launch in 2025
The same size as VW's Polo, the car will have a 250-mile range between charges
Volkswagen raises full-year guidance
First-quarter revenue rose 13% to €62.4bn, exceeding the pre-COVID crisis level of 2019
Volkswagen sees even bigger output hit in second quarter from chip shortage
The carmaker previously said it expected output to fall by 100,000 vehicles in the first quarter of 2021 due to semiconductor shortages
Voltswagen was an April Fool's prank gone wrong admits VW
“ Volkswagen of America will not be changing its name to Voltswagen"
Volkswagen agrees $14bn gigafactory deal with Sweden's Northvolt
The battery maker has won total contracts from the German carmaker worth US$27bn in the past two years
Volkswagen share price surge leads to attention on 'Porsche Automobil' discount
Due to the spike in Volkswagen's share price, the discount of the value owned by Porsche last week blew out to the widest ever
VW's emergence as top 'Tesla fighter' drives shares to highest since emissions scandal
The carmaker has returned to being Germany’s most valuable public company
Volkswagen plans to reduce battery costs and make electric cars more affordable
The German carmaker is taking the fight to Tesla by building six gigafactories in Europe by 2030
'Holy grail' battery breakthrough for VW partner QuantumScape to have ripple effect
The German car giant is investing US$300mln in the US startup, with other investors including Bill Gates’ Breakthrough Energy Ventures
Volkswagen Group back at number one despite diesel cheat scandal
The German group sold 10.3mln vehicles in 2016, just edging Japanese firm Toyota’s 10.2mln.
VW warns emissions scandal could lead to assets sales
Europe's biggest motor manufacturer said it may have to sell assets to settle its debts.
Most followed: Antofagasta PLC, Sirius Minerals, Totally PLC, J Sainsbury, Volkswagen
The LSE/Deutsche Boerse merger reared its head once again as the deadline approaches.
VW to recall 11mln cars in January
More than 1.2mln of the affected cars are in the UK, including VWs, Audis, Seats, Skodas and VW vans.
Germany launches probe into former Volkswagen chief
German prosecutors are investigating Martin Winterkorn