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Volkswagen AG (VOWG.DE)

VOWG.DE on Xetra

149.95EUR
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Latest Key Developments (Source: Significant Developments)

Volkswagen May Deliveries -8.3% In China, +7.5% In U.S.
Friday, 14 Jun 2019 05:00am EDT 

June 14 (Reuters) - Volkswagen AG ::MAY GROUP DELIVERIES DOWN 3.6% Y/Y, DOWN 3.7% Y/Y IN JAN-MAY PERIOD.DELIVERIES -0.2% IN EUROPE, -8.3% IN CHINA, +7.5% IN U.S..  Full Article

Volkswagen CEO: Talks on Cooperation With Ford Almost Complete
Thursday, 13 Jun 2019 04:34am EDT 

June 13 (Reuters) - Volskwagen CEO Herbert Diess in a speech delivered to senior managers: :CEO SAYS COOPERATION TALKS WITH FORD <<>> ON ELECTRIC CAR PLATFORM AND AUTONOMOUS DRIVING ARE ALMOST FINISHED .CEO SAYS WITHOUT A STRONG PRESENCE IN THE U.S., WE RISK GETTING INTO A DESPERATE SITUATION IN GLOBAL TRADE CONFLICTS.CEO SAYS PARTNERSHIP WITH FORD IS OF KEY STRATEGIC IMPORTANCE.CEO SAYS WE ARE WORKING HARD ON PREPARING IPO OF TRATON, WANT TO COMPLETE IT BEFORE SUMMER BREAK IF MARKET ENVIRONMENT REMAINS STABLE.CEO SAYS VW SHARE PRICE IS STILL TOO LOW, WE NEED TO CHANGE THAT.CEO SAYS OPERATIVE PERFORMANCE IS AT THE TOP END OF RANGE WE SET FOR 2025.  Full Article

Schaltbau: Subsidiary Bode To Supply VW With Sliding Door Components
Thursday, 13 Jun 2019 04:14am EDT 

June 13 (Reuters) - SCHALTBAU HOLDING AG ::SCHALTBAU SUBSIDIARY BODE TO SUPPLY VOLKSWAGEN EXCLUSIVELY WITH SLIDING DOOR COMPONENTS FOR MOIA RIDE-SHARING VEHICLE.  Full Article

Volkswagen Of America Says May Sales Rose 14 Percent With 35,702 Total Units Reported In May
Monday, 3 Jun 2019 05:20pm EDT 

June 3 (Reuters) - VOLKSWAGEN OF AMERICA ::VOLKSWAGEN OF AMERICA - MAY SALES ROSE 14 PERCENT WITH 35,702 TOTAL UNITS REPORTED IN MAY.  Full Article

Audi Of America Reported May Sales Of 18,892 Units, Down 2.2%
Monday, 3 Jun 2019 05:19pm EDT 

June 3 (Reuters) - AUDI OF AMERICA ::AUDI OF AMERICA - MAY SALES DOWN 2.2 PERCENT.AUDI OF AMERICA - REPORTED MAY SALES OF 18,892 UNITS, DOWN 2.2%.  Full Article

Audi Confirms Outlook, Expects Moderate Increase In Deliveries At End Of Year - AGM
Thursday, 23 May 2019 04:00am EDT 

May 23 (Reuters) - Audi AG annual general meeting::CFO SAYS DESPITE HEADWIND FROM CURRENCY EXCHANGE RATES, WE EXPECT SLIGHT INCREASE IN REVENUE IN 2019.CFO SAYS WE EXPECT A RETURN ON SALES OF BETWEEN 7 AND 8.5% IN 2019.CONFIRMS OUTLOOK, EXPECTS MODERATE INCREASE IN DELIVERIES AT END OF YEAR.CFO SAYS WE WANT TO INVEST 40 BILLION EUROS IN AUDI’S FUTURE CAPABILITIES BY 2023, PLANNING 14 BILLION EUROS OF THAT FOR AUTOMATED DRIVING, DIGITAL SERVICES AND ELECTRIC MOBILITY.CFO SAYS WE HAVE TIGHTENED COST CUT PLAN TARGET TO 15 BILLION EUROS FROM ORIGINALLY 10 BILLION BY END OF 2022, 70% OF PLAN HAS BEEN DEFINED WITH CONCRETE MEASURES.EXPECT ELECTRIFIED AUTOMOBILES TO ACCOUNT FOR ABOUT 40% OF WORLDWIDE UNIT SALES BY 2025, PLAN TO LAUNCH 20 ALL-ELECTRIC CARS BY THEN.WANT TO EXPAND MOBILITY OFFERING WITH SIXT, WILL LAUNCH PARTNERSHIP IN Q4.  Full Article

Volkswagen's MAN Affirms 2019 Outlook
Wednesday, 22 May 2019 04:06am EDT 

May 22 (Reuters) - MAN SE ::EXPECTS THE MAN GROUP’S SALES REVENUE TO INCREASE SLIGHTLY IN 2019.SAYS OPERATING PROFIT AND OPERATING RETURN ON SALES WILL IMPROVE NOTICEABLY IN 2019 COMPARED WITH THE PREVIOUS YEAR.  Full Article

Volkswagen Brand Sales Fall 6.2% In April
Wednesday, 15 May 2019 05:00am EDT 

May 15 (Reuters) - Volkswagen AG ::APRIL VOLKSWAGEN BRAND SALES DOWN 6.2% Y/Y TO 487,400 VEHICLES.APRIL VOLKSWAGEN BRAND SALES IN CHINA (INCLUDING HONG KONG) DOWN 6.5%.SAYS CHINA REMAINS "BIG CHALLENGE" FOR VOLKWAGEN, OTHER COMPANIES.APRIL VOLKSWAGEN BRAND SALES IN EUROPE DOWN 4.8%.APRIL VOLKSWAGEN BRAND SALES IN U.S. UP 8.7%.  Full Article

Volkswagen shareholders defer discharge of Rupert Stadler
Tuesday, 14 May 2019 04:14pm EDT 

May 14 (Reuters) - Volkswagen AG says::SHAREHOLDERS FORMALLY APPROVE ACTIONS OF BOARD OF MANAGEMENT AND SUPERVISORY BOARD AND ADOPT RESOLUTION ON INCREASED DIVIDEND FOR 2018.SHAREHOLDERS DEFERRED FORMAL APPROVAL OF THE ACTIONS OF RUPERT STADLER ON ACCOUNT OF ONGOING DIESEL INVESTIGATIONS.ACTIONS OF ALL OTHER MEMBERS OF THE BOARD OF MANAGEMENT AND THE SUPERVISORY BOARD PASSED BY 94.95 PERCENT.  Full Article

Volkswagen CEO Affirms 2019 Guidance
Tuesday, 14 May 2019 04:30am EDT 

May 14 (Reuters) - Volkswagen CEO at AGM::AFFIRMS 2019 GUIDANCE.VOLKSWAGEN CEO SAYS TALKS WITH FORD <<>> ADVANCING POSITIVELY ON FURTHER COOPERATION.GROWTH PERSPECTIVE FOR ENGINEERING BUSINESS INCLUDES JV, PARTNERSHIPS, PARTIAL OR ENTIRE SALE.SEES UPTURN IN CHINA BUSINESS STARTING IN H2 DUE TO VAT CUT, MODEL OFFENSIVE.  Full Article

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Tesla loses its VP of production: Electrek

Tesla Inc's vice president of production in charge of all vehicle manufacturing at Fremont factory, Peter Hochholdinger, is not at the automaker anymore, news website Electrek reported on Wednesday, citing a source familiar with the matter.