Volkswagen AG Unsponsored ADR (VWAGY)
Volkswagen AG (VWAGY) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK, NY / ACCESSWIRE / June 5, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Volkswagen AG ("Volkswagen" or "the Company") (OTC PINK:VWAGY). Investors who purchased Volkswagen securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/VWAGY.
Volkswagen AG (VWAGY) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK, NY / ACCESSWIRE / June 4, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Volkswagen AG ("Volkswagen" or "the Company") (OTC PINK:VWAGY). Investors who purchased Volkswagen securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/VWAGY.
Volkswagen AG (VWAGY) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK, NY / ACCESSWIRE / June 3, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Volkswagen AG ("Volkswagen" or "the Company") (OTC PINK:VWAGY). Investors who purchased Volkswagen securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/VWAGY.
Volkswagen AG (VWAGY) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK, NY / ACCESSWIRE / June 2, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Volkswagen AG ("Volkswagen" or "the Company") (OTC PINK:VWAGY). Investors who purchased Volkswagen securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/VWAGY.
Volkswagen AG (VWAGY) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK, NY / ACCESSWIRE / May 31, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Volkswagen AG ("Volkswagen" or "the Company") (OTC PINK:VWAGY). Investors who purchased Volkswagen securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/VWAGY.
Volkswagen to develop entry-level electric vehicles for around 20,000 euros
Volkswagen will develop low-cost electric vehicles in a bid to better compete with fierce Chinese rivals, Europe's top carmaker said on Tuesday, after talks with Renault to team up on the project collapsed earlier this month.
Volkswagen delays ID.7 EV launch in US, Canada
Volkswagen has delayed the launch of its electric ID.7 sedan in the U.S. and Canada, the German automaker said on Wednesday, citing changing market dynamics.
BMW Mini Cooper Imports Linked To Banned Chinese Components: Report
German automaker Senate Finance Committee Chairman Ron Wyden’s staff unveiled that BMW continued importing vehicles with the banned components until at least April, according to a report from Reuters. The report noted that BMW Group responded, stating they have ceased importing affected products and will replace the specific parts through a service action. The Uyghur Forced Labor Prevention Act (UFLPA) law, passed in 2021, aims to curb the import of goods produced with forced labor from China’s Xinjiang region. Wyden criticized automakers’ self-policing, urging Customs and Border Protection to enhance enforcement to combat forced labor. The report highlighted Bourns Inc. sourcing components from Sichuan Jingweida Technology Group (JWD), listed under UFLPA Entity List for suspected forced labor. Volkswagen confirmed holding several thousand vehicles at U.S. ports due to Chinese subcomponents breaching anti-forced labor laws. The report shed light on BMW’s delayed action, which ceased only after detailed inquiries by the committee. : BMWYY shares are trading lower by 0.40% at $34.31 at the last check Monday. :
Volkswagen's Audi, SAIC to Partner on Digital EV Platform in China
By David Sachs Audi will partner with SAIC Motor to develop a production platform for electric and software-centric cars in China to better compete in the world's largest auto market. The Volkswagen-owned luxury brand said Monday that it has a deal with the Shanghai-based carmaker to develop the digital architecture and produce three fully-electric models with the first one hitting the market in 2025. The platform will be tailored to tech-savvy Chinese consumers in an increasingly competitive and crucial market for the German car group. The venture should speed up market-delivery of intelligent, electric vehicles by 30%, Audi said. Car deliveries for the Audi brand group, which includes the namesake marque as well as Bentley and Lamborghini, rose about 14% in China in the first quarter to 156,082, according to Audi's earnings report. Audi's Fermín Soneira Santos will lead the project, which builds on existing agreements with SAIC and the SAIC Volkswagen joint venture. Write to David Sachs at [email protected] (END) Dow Jones Newswires 05-20-24 0726ET
Volkswagen's Audi Partners With SAIC For New EV Platform In China
The cooperation will further expand Audi’s BEV portfolio in China and accelerate Audi’s transformation in the biggest market in the world. The first three BEV models will cover the B and C segments and will help Audi to reduce time-to-market by more than 30% with the first model to enter the market in 2025. The move marks further cooperation between Audi and SAIC, which began with Volkswagen’s announcement in July of a $700 million investment in This collaboration highlights the increasing reliance of European automakers on Chinese technological expertise in the EV sector. “The Volkswagen Group is accelerating its electric campaign with the consistent implementation of its “in China for China” approach. In this respect, we are relying in particular on the strong cooperation with our joint venture partners,” said a member of the Group Board of Management for the China region, Ralf Brandstätter. A joint project team has been set up with Fermín Soneira from Audi as the CEO. “We have a clear and common goal: to combine the best of our two companies to the full advantage of our Chinese customers with Audi’s premium experience and SAIC’s innovation speed in China,” said Audi AG CEO Gernot Döllner. The report further mentioned Audi currently uses Volkswagen’s MEB platform for its Q4 e-tron and Q5 e-tron models in China, developed through joint ventures with both SAIC and FAW. : VWAGY shares closed higher by 0.85% at $15.21 on Friday.
US NHTSA opens recall query into more than 51,000 Volkswagen EVs
The U.S. auto safety regulator said on Monday it has opened a recall query into an estimated 51,500 Volkswagen America's EVs over concerns of the vehicle door opening while driving.
