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Volkswagen AG (VLKAY.PK)

VLKAY.PK on OTC Markets Group

31.14USD
27 Jun 2017
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Latest Key Developments (Source: Significant Developments)

Volkswagen to supply engines for Gaz light commercial vehicles
Thursday, 15 Jun 2017 09:53am EDT 

June 15 (Reuters) - GAZ ::VOLKSWAGEN <<>> WILL SUPPLY VOLKSWAGEN TDI 2.0 ENGINES FOR LIGHT COMMERCIAL VEHICLES OF GAZ.ENGINES WILL BE INSTALLED ON GAZELLE NEXT CARS.  Full Article

Volkswagen extends contract of MAN CEO Joachim Drees
Monday, 12 Jun 2017 04:51am EDT 

June 12 (Reuters) - `Volkswagen AG :Joachim Drees (52) contracted as Chief Executive Officer of MAN SE and of MAN Truck & Bus AG for another five years.  Full Article

Volkswagen VW brand sales up 3.5 pct to 513,500 vehicles in May
Friday, 9 Jun 2017 03:30am EDT 

June 9 (Reuters) - VOLKSWAGEN AG VOWG_P.DE::SAYS VW BRAND MAY DELIVERIES IN EUROPE UP 6.7 PERCENT, GERMANY UP 6 PERCENT, CHINA UP 4 PERCENT, US UP 4.3 PERCENT.SAYS VW BRAND SALES UP 3.5 PERCENT TO 513,500 VEHICLES IN MAY.  Full Article

Audi says May sales drop 2.8 pct to 159,600 cars
Thursday, 8 Jun 2017 05:04am EDT 

June 8 (Reuters) - Audi :May sales down 2.8 percent at 159,600 cars.May sales china down 4.0 percent, europe up 0.2 percent, usa up 2.5 percent.Says last days of may have shown that we will see a quick recovery of sales in china.  Full Article

Porsche Automobil Holding buys about 97 pct of shares in PTV Planung Transport Verkehr
Wednesday, 7 Jun 2017 08:19am EDT 

June 7 (Reuters) - PORSCHE AUTOMOBIL HOLDING SE ::PORSCHE AUTOMOBIL HOLDING SE: PORSCHE SE PURCHASES APPROXIMATELY 97 PERCENT OF THE SHARES IN PTV PLANUNG TRANSPORT VERKEHR AG.‍AGGREGATE INVESTMENT AMOUNTS TO MORE THAN EURO 300 MILLION​.  Full Article

Audi recalls 24,000 A7, A8 models, software updates to start in July
Thursday, 1 Jun 2017 01:28pm EDT 

June 1 (Reuters) - Audi :Says recalls 24,000 A7, A8 models, software updates to start in July.  Full Article

Volkswagen of America posts May sales of 30,014 units, up 4.3 pct
Thursday, 1 Jun 2017 10:38am EDT 

June 1 (Reuters) - Volkswagen Of America Inc::Volkswagen of America Inc - May sales totaled 30,014 units, an increase of 4.3 percent over May 2016.  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

More From Around the Web

Fitch Revises Volkswagen's Outlook to Stable; Affirms at 'BBB+'

(The following statement was released by the rating agency) LONDON/BARCELONA, June 27 (Fitch) Fitch Ratings has affirmed Volkswagen AG's Long-Term Issuer Default Rating (IDR) at 'BBB+' and Short-Term IDR at 'F2'. The Outlook on the Long-Term IDR has been revised to Stable from Negative. A full list of rating actions is at the end of this commentary. The rating action reflects the greater clarity about the operational and financial effect of the diesel issue. Fitch acknowledges that risks of furt