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Volkswagen AG (VLKAF.PK)

VLKAF.PK on OTC Markets Group

137.00USD
30 Nov 2016
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Latest Key Developments (Source: Significant Developments)

Volkswagen brand sales up 6.7 percent in September
Friday, 14 Oct 2016 03:01am EDT 

Volkswagen : VW brand sales up 6.7 percent to 547,700 in September . VW brand sales up 0.4 percent in Western Europe, up 10.4 percent in Central And Eastern Europe in September . VW brand sales down 7.8 percent in the U.S., up 22.8 percent in China in september Further company coverage: [VOWG_p.DE] ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Audi says global sales in September rose 1.7 pct to 173,850 vehicles
Wednesday, 12 Oct 2016 05:04am EDT 

Audi AG : Says global sales in September rose 1.7 percent to 173,850 vehicles . Says global Jan-Sept sales rose 4.5 percent to 1,408,800 vehicles Further company coverage: [NSUG.DE] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

German passenger car sales rose 9.4 pct in Sept - KBA
Wednesday, 5 Oct 2016 05:52am EDT 

: German Passenger Car Sales Rose 9.4 Pct In Sept. To 298,002 -KBA Further company coverage: [ ] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Volkswagen of America posts Sept. sales 24,112 units, down 7.76 pct
Monday, 3 Oct 2016 10:35am EDT 

Volkswagen of America: Reports September 2016 sales 24,112 units, down 7.76 pct Further company coverage: [VOWG.DE] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

South Korea orders recall of cars with Takata air bags - WSJ
Wednesday, 28 Sep 2016 12:29am EDT 

: South Korea orders recall of cars with Takata air bags - WSJ .A total of 221,870 vehicles made by Honda,Toyota,Ford,Volkswagen, Mercedes-Benz, GM,10 other foreign car makers that had faulty air bags subject to recall- WSJ.  Full Article

Navistar:Volkswagen Truck & Bus to acquire 16.2 million newly issued shares in co
Tuesday, 6 Sep 2016 06:59am EDT 

Navistar International Corp : Navistar announces wide-ranging strategic alliance with Volkswagen truck & bus . Volkswagen truck & bus will acquire 16.2 million newly issued shares in Navistar . Says Volkswagen Truck & Bus taking a 16.6% stake in Navistar . Volkswagen Truck & Bus will pay $15.76 per share . Says Volkswagen Truck & Bus to invest $256 million in Navistar . Says expects to realize cumulative synergies of $500 million over first five years . Says Volkswagen Truck & Bus has agreed to hold shares for a minimum of three years .Says Volkswagen Truck & Bus will have right to appoint two directors to Navistar's board of directors.  Full Article

UAW issues statement in response to Volkswagen appeal of NLRB order
Thursday, 1 Sep 2016 06:31pm EDT 

Gary Casteel of UAW : Released statement in response to decision by Volkswagen to appeal order by NLRB . "it’s overdue time" for Volkswagen to meet the local union at the bargaining table Further company coverage: [VOWG_p.DE] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Volkswagen of America says sold 29,384 units in August, down 9.1 pct
Thursday, 1 Sep 2016 11:29am EDT 

Volkswagen of America : Volkswagen Of America Says Sales Of 29,384 Units Delivered In August 2016 Versus 32,332 Units Last Year Source (http://media.vw.com/release/1249/) Further company coverage: [VOWG.DE] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Unanimous NLRB order requires Volkswagen to bargain with UAW local union - UAW
Wednesday, 31 Aug 2016 10:54pm EDT 

: Unanimous NLRB order requires Volkswagen to bargain with UAW local union . Pleased that NLRB has ordered Volkswagen to bargain with UAW local 42 as representative of skilled-trades employees in Chattanooga . Unanimous decision makes it clear that company has been operating in violation of federal law by refusing to come to bargaining table . "We urge Volkswagen to accept the NLRB order and bargain with the local union at the earliest possible date" Further company coverage: [VOWG_p.DE] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Volkswagen recalls further natural-gas powered vehicles
Wednesday, 31 Aug 2016 11:20am EDT 

Volkswagen AG : Says to recall further natural-gas powered vehicles . Says recall extended to Caddy, Passat, Touran models of years through 2010 Further company coverage: [VOWG_p.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

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VW finance arm's profit up on higher demand for diesel cars

HANOVER, Germany Volkswagen's financing arm expects to post record earnings in 2016, it said on Friday, thanks to increased demand for diesel cars, a sign that the company's emissions-cheating scandal has not deterred customers.