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Volkswagen AG (VOWG_p.DE)

VOWG_p.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Porsche Automobil Holding Cuts FY Earnings Forecast
Tuesday, 16 Oct 2018 04:45am EDT 

Oct 16 (Reuters) - Porsche Se ::DGAP-ADHOC: PORSCHE AUTOMOBIL HOLDING SE: ADJUSTMENT OF PORSCHE SE'S EARNINGS GUIDANCE DUE TO NEGATIVE SPECIAL ITEMS.EARNINGS AFTER TAXES GUIDANCE OF PORSCHE SE AS AT 31 DECEMBER 2018 WILL BE BETWEEN EUR 2.5BN AND EUR 3.5BN..CURRENTLY COMMUNICATED GUIDANCE FOR NET LIQUIDITY AS AT 31 DECEMBER 2018 REMAINS UNCHANGED.CURRENTLY COMMUNICATED GUIDANCE FOR NET LIQUIDITY AS AT 31 DECEMBER 2018 REMAINS UNCHANGED AND IS CONFIRMED BETWEEN EUR 0.7BN AND EUR 1.2BN.  Full Article

Volkswagen Warns Audi Fine Will Affect Its Earnings
Tuesday, 16 Oct 2018 04:41am EDT 

Oct 16 (Reuters) - Volkswagen AG ::DGAP-ADHOC: VOLKSWAGEN AG: MUNICH II PUBLIC PROSECUTOR CONCLUDES REGULATORY OFFENCES PROCEEDINGS AGAINST AUDI AG BY ISSUING ADMINISTRATIVE ORDER IMPOSING A FINE (BUßGELDBESCHEID) / AUDI AG ACCEPTS THE FINE AND, BY DOING SO, ADMITS ITS RESPONSIBILITY.FINE WILL DIRECTLY AFFECT VOLKSWAGEN AG'S FINANCIAL EARNINGS.FINE WILL AS A NEGATIVE SPECIAL ITEM, REDUCE GROUP EARNINGS OF VOLKSWAGEN AG ACCORDINGLY.ADMINISTRATIVE ORDER AGAINST AUDI MEANS FURTHER IMPORTANT PROCEEDINGS IN CONNECTION WITH DEVIATIONS FROM REGULATORY REQUIREMENTS BY VOLKSWAGEN GROUP DIESEL VEHICLES WILL BE FINALLY TERMINATED.Source text for Eikon: ID:nEQJlxvva.  Full Article

Scott Keogh Named Head Of Volkswagen Group Of America
Wednesday, 10 Oct 2018 12:02pm EDT 

Oct 10 (Reuters) - Volkswagen Group of America Inc::VOLKSWAGEN GROUP OF AMERICA SAYS SCOTT KEOGH WAS NAMED PRESIDENT AND CEO OF VOLKSWAGEN GROUP OF AMERICA.VOLKSWAGEN GROUP OF AMERICA SAYS KEOGH WILL SUCCEED HINRICH J. WOEBCKEN.VOLKSWAGEN GROUP OF AMERICA SAYS WOEBCKEN WILL REMAIN WITH THE COMPANY AS AN ADVISER.VOLKSWAGEN GROUP OF AMERICA SAYS MARK DEL ROSSO NAMED PRESIDENT OF AUDI OF AMERICA.  Full Article

Dogus Otomotiv Renews Distribution Agreement With Volkswagen
Monday, 1 Oct 2018 11:29am EDT 

Oct 2 (Reuters) - DOGUS OTOMOTIV SERVIS VE TICARET ::SAID ON MONDAY RENEWS DISTRIBUTION AGREEMENT WITH VOLKSWAGEN AG INDEFINITELY.  Full Article

MAN SE Says Traton Has Terminated Domination Agreement
Monday, 17 Sep 2018 11:05am EDT 

Sept 17 (Reuters) - Volkswagen AG ::MAN SAYS TRATON AG HAS TERMINATED THE DOMINATION AND PROFIT AND LOSS TRANSFER AGREEMENT WITH MAN SE WITH EFFECT FROM JAN. 1.MAN SAYS SHOULD HIDDEN RESERVES BE UNCOVERED IN TRATON RESTRUCTURING WHILE THE MAN DOMINATION AGREEMENT IS STILL IN FORCE, THESE RESERVES WOULD BE TRANSFERRED TO VOLKSWAGEN AG.MAN SAYS SETTLEMENT OR EXCHANGE OFFERS MAY ONCE AGAIN BE MADE TO MAN SE SHAREHOLDERS IN CONNECTION WITH THE TRATON AG IPO, WHICH IS CURRENTLY BEING DELIBERATED.MAN SAYS AMOUNT OFFERED TO MAN SE SHAREHOLDERS WOULD DEPEND ON THE VALUE OF MAN SE AT THAT POINT IN TIME.  Full Article

Volkswagen Closes QuantumScape Transaction
Thursday, 13 Sep 2018 05:16am EDT 

Sept 13 (Reuters) - VOLKSWAGEN AG ::CLOSES QUANTUMSCAPE TRANSACTION.  Full Article

German Environmental Group Suffers Court Defeat In Diesel Ban Row
Thursday, 6 Sep 2018 05:25am EDT 

Sept 6 (Reuters) - German administrative court in Duesseldorf::* SAYS ENVIRONMENTAL GROUP DUH CANNOT FORCE A DIESEL BAN IN DUESSELDORF IN EXECUTION PROCEEDINGS.  Full Article

Volkswagen says CFO Will Comment On The Implications For Full-Year Guidance at Q2 Results
Wednesday, 13 Jun 2018 12:30pm EDT 

June 13 (Reuters) - Volkswagen AG ::SPOKESMAN SAYS VW CFO WILL COMMENT ON THE IMPLICATIONS FOR FULL-YEAR GUIDANCE ON AUG. 1 WHEN THEY RELEASE Q2 RESULTS.  Full Article

Munich Prosecutors Widen Audi Probe To Include A6/A7 models
Tuesday, 8 May 2018 08:12am EDT 

May 8 (Reuters) - Munich Prosecutors' Office::SAYS WIDENING PROBE AT AUDI <<>> TO INCLUDE VEHICLES NOW BEING EYED BY KBA.  Full Article

German Ministry Confirms KBA Has Called Hearing On Audi A6/A7
Tuesday, 8 May 2018 06:22am EDT 

May 8 (Reuters) - German Transport Ministry::CONFIRMS THAT KBA HAS CALLED A HEARING REGARDING SUSPECTED ILLEGAL DEFEAT DEVICES IN AUDI <<>> A6/A7 DIESEL MODELS.GERMAN TRANSPORT MINISTRY SAYS AROUND 60,000 AUDI VEHICLES AFFECTED WORLDWIDE, 33,000 OF THEM ARE IN GERMANY.  Full Article

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SAIC VW starts work on $2.5 billion China plant in Audi pivot

BEIJING Volkswagen AG's China venture with SAIC Motor Corp Ltd has started building a $2.5 billion new energy vehicle (NEV) plant in Shanghai, which will make VW's luxury Audi AG brand cars, a possible first for the venture.