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Volkswagen AG (VLKAF.PK)

VLKAF.PK on OTC Markets Group

26 May 2017
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$-4.72 (-2.91%)
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Latest Key Developments (Source: Significant Developments)

Hastor family's Cascade says has no plans to hike Grammer stake
Wednesday, 24 May 2017 06:45am EDT 

May 24 (Reuters) - Grammer shareholder Cascade, controlled by the Bosnia's Hastor family, at Grammer AGM::Shareholder cascade says at agm has no plans to increase or reduce stake in grammer or take over the company.Says that Grammer will in future have to accept any price that its customer Volkswagen <<>> names.  Full Article

Porsche SE reports 49 pct jump in Q1 net profit
Monday, 15 May 2017 04:20am EDT 

May 15 (Reuters) - Porsche SE :Q1 net profit up 49 percent at 986 million euros .Says affirms 2017 guidance.Says net liquidity 1.28 billion euros.  Full Article

Audi April sales down 5.0 pct at 156,150 cars
Thursday, 11 May 2017 05:30am EDT 

May 11 (Reuters) - Audi AG ::April sales: China down 6.9 percent; USA up 5.1 percent; Europe down 3.2 percent.April sales down 5.0 percent at 156,150 cars.  Full Article

Volkswagen shareholders ratify board with 92.53 percent of votes
Wednesday, 10 May 2017 04:01pm EDT 

May 10 (Reuters) - Volkswagen says :Shareholders formally approve actions of board of management and supervisory board and adopt resolution on dividend for fiscal year 2016.Formal approval of actions of members of board of management and supervisory board for fiscal year 2016 was passed by 92.53 percent of ordinary shareholders.  Full Article

VW brand sales down 1.8 pct in April
Tuesday, 9 May 2017 03:04am EDT 

May 9 (Reuters) - Volkswagen :Says VW brand sales fall 1.8 percent to 468,000 vehicles in April.Says April VW brand sales down 9.9 percent in Western Europe, up 1.6 percent in the U.S., up 4.3 percent in China.  Full Article

VW's Scania says Q1 operating profit up sharply yr/yr
Friday, 5 May 2017 01:00am EDT 

May 5 (Reuters) - VW's Scania: :Says market share for trucks in Europe amounted to 16.8 percent compared to 17.4 percent in 2016.Demand for trucks in Europe remains very strong due to the positive economic situation .Q1 Operating income rose by 35 percent to SEK 3,081 m. (2,275) .Q1 Net sales increased by 23 percent to SEK 28,411 m. (23,056) .Q1 Order bookings (trucks and buses) 27,935 units, up 29 pct.  Full Article

Volkswagen Group Canada says Courts approve consumer settlement in Canada for Volkswagen and Audi 2.0L TDI vehicles nationwide
Friday, 21 Apr 2017 02:57pm EDT 

April 21 (Reuters) - Volkswagen Group Canada Inc::Both Québec and Ontario Courts have granted approval of nationwide settlement agreement to resolve consumer claims in Canada.Approval to resolve consumer claims in Canada related to 2.0L diesel emissions matter for about 105,000 affected vehicles.Approved settlement agreement provides for cash payments to eligible owners, lessees of Volkswagen and Audi 2.0L TDI vehicles.  Full Article

Czech car production up 10.7 percent in Q1 -CTK
Friday, 21 Apr 2017 06:30am EDT 

April 21 (Reuters) - :Czech car production up 10.7 percent to 387,342 vehicles in q1 -CTK news agency.  Full Article

Fiat Chrysler chairman says priority is business plan
Friday, 14 Apr 2017 10:38am EDT 

Fiat Chrysler Chairman John Elkann says: his priority is to reach goals set in business plan, when asked about a possible merger by end of 2018 Further company coverage: [FCHA.MI] (Reporting by Milan Newsroom).  Full Article

Fiat Chrysler CEO says car industry consolidation still important
Friday, 14 Apr 2017 10:29am EDT 

Fiat Chrysler Chief Executive Sergio Marchionne says: Consolidation in the auto sector is still important due to the high cost of investments Further company coverage: [FCHA.MI] (Reporting by Milan Newsroom).  Full Article

More From Around the Web

EU ministers agree car approval rules after dieselgate

BRUSSELS EU ministers agreed on Monday on draft new rules for approving cars for sale in order to prevent a repeat of the Volkswagen emissions scandal and giving the European Commission the power to fine cheating manufacturers directly.