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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
Friday, 24 Mar 2017 06:01am 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


VW's Audi halts A4, A5 production at Ingolstadt over parts shortage

BERLIN German luxury carmaker Audi will halt production of the A4 and A5 luxury models at its Ingolstadt base this week until Thursday due to a parts shortage after a fire at a supplier, it said on Monday.