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Volkswagen AG (VLKAY.PK)

VLKAY.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Volkswagen appoints Kurt Michels Chief Compliance Officer
6:01am EDT 

Volkswagen AG : Dr. Kurt Michels to be chief compliance officer of volkswagen group Further company coverage: [VOWG_p.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

VW's Skoda Auto sees deliveries growing in 2017 -CEO
Wednesday, 22 Mar 2017 05:56am EDT 

Volkswagen Ag : VW's Skoda Auto CEO Bernhard Maier, speaking at annual news conference, says expects 2017 deliveries to be above 2016 level . Skoda reported new record sales of 1,126,500 vehicles in 2016, up 6.7 percent . Reported on Wednesday ecord sales revenue of 13.7 billion euros in 2016, up 9.8 percent . Operating profit grew by 30.8 percent to 1.197 billion euros in 2016, after-tax profit up 34.3 percent to 951 million euros Further company coverage: [VOWG_p.DE] (Reporting By Jason Hovet) ((jason.hovet@thomsonreuters.com;)).  Full Article

Modelleria Brambilla signs agreement with Volkswagen Germany
Tuesday, 21 Mar 2017 03:00am EDT 

Modelleria Brambilla SpA :Signs agreement with Volkswagen Germany for 430,000 euros ($463,755) for the equipment for construction of four-cylinder gasoline engine.  Full Article

Audi CEO says neither home nor office has been searched
Wednesday, 15 Mar 2017 09:03am EDT 

Audi : Audi CEO says neither his private home nor office have been searched, raid is still ongoing Further company coverage: [VOWG_p.DE] ((frankfurt.newsroom@thomsonreuters.com; +496975651270;)).  Full Article

Audi operating margin shrinks to 5.1 pct in 2016
Wednesday, 15 Mar 2017 05:05am EDT 

Audi : Says 2016 sales 59.3 billion eur versus 58.4 billion year-ago . Says 2016 operating profit 3.05 billion eur versus 4.84 billion year-ago; operating margin 5.1 percent versus 8.3 percent . Says 2016 provisions for emissions scandal 1.632 billion eur, Takata recalls 162 million eur . Says 2016 bonus to workers in Germany 3.510 eur versus 5.420 eur year-ago . Says expects 2017 auto sales, revenue to slightly exceed year-ago records . CEO says diesel crisis not over yet, ties resources . CEO says investigation of emissions scandal far from over, will keep at it until work is done . CEO says reviewing all parts of business operations in response to Dieselgate Further company coverage: [NSUG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Fiat Chrysler shares turn positive after Volkswagen CEO comments
Tuesday, 14 Mar 2017 08:35am EDT 

Fiat Chrysler Automobiles: Shares in the car maker erase losses and turn positive, up 0.6 percent after Volkswagen CEO comments . Volkswagen Chief Executive Matthias Mueller said he is not ruling out talks with Fiat Chrysler boss Sergio Marchionne about a possible merger [ID:nL5N1GR3O9] Further company coverage: [FCHA.MI] (Reporting by Milan newsroom).  Full Article

Volkswagen of America posts Feb. sales 25,145 units, up 12.7 pct
Wednesday, 1 Mar 2017 10:50am EST 

Volkswagen Of America:February sales totaled 25,145 units, an increase of 12.7 percent over February 2016.  Full Article

Volkswagen, Navistar alliance receives regulatory approval
Wednesday, 1 Mar 2017 04:10am EST 

Volkswagen AG : Says receives green light for strategic alliance between Volkswagen Truck & Bus and Navistar . Says Volkswagen Truck & Bus pays $256 mln for 16.6 percent of company shares in NavistarFurther company coverage: [VOWG_p.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Volkswagen says recalls 6,270 natural gas models in Germany
Friday, 17 Feb 2017 10:19am EST 

Volkswagen Ag : Says voluntarily issues workshop recall for natural gas models up to and including model year 2014 as a precautionary measure . Says voluntary recall affects passat, touran and caddy natural gas models . Says in germany a total of 6,270 cars (2,359 caddy, 2,361 touran and 1,550 passat) are affected by this recall Further company coverage: [VOWG_p.DE] (Frankfurt newsroom) ((+49 69 7565 1270; Reuters Messaging: frankfurt.newsroom@thomsonreuters.net)).  Full Article

Volkswagen group deliveries down 4 pct in January
Friday, 17 Feb 2017 05:04am EST 

Volkswagen : Group deliveries down 4 percent at 813,700 vehicles in January . January group deliveries up 7 percent in europe, up 14 percent in U.S., down 14 percent in China . Says january sales in China hurt by early Chinese new year, small-engine cars tax, temporary restraint in planning by Audi dealers . Says expects to continue healthy growth in China this year Further company coverage: [VOWG_p.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

More From Around the Web

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German environmental lobby sues motor authority over VW scandal

HAMBURG/BERLIN German environmental group Deutsche Umwelthilfe (DUH) has filed a suit against German motor authority KBA, accusing it of failing to act robustly enough over Volkswagen's diesel emissions scandal.