Winter testing has been completed for the VW ID EVERY1, the first vehicle under a joint venture between Rivian and Volkswagen Group to be equipped with the EV maker's software and electrical architecture. That's not just progress toward getting this vehicle into customers' hands; it also unlocks another $1 billion investment from Volkswagen Group into Rivian.
Volkswagen reclaimed car sales dominance in China, the world's largest auto market, in the first two months of 2026 when Toyota also regained ground, both overtaking local electric vehicle champion BYD , amid fading subsidies for greener cars.
Volkswagen said on Friday it has begun mass production of its first model developed jointly with Chinese EV maker Xpeng , as the German carmaker targets a comeback in China with more than 20 new models to be launched this year.
Investors interested in stocks from the Automotive - Foreign sector have probably already heard of Volkswagen AG Unsponsored ADR (VWAGY) and Byd Co., Ltd. (BYDDY). But which of these two stocks offers value investors a better bang for their buck right now?
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VWAGY's profit plunges 53% as tariffs, weak demand and Porsche costs hit margins, prompting cautious growth forecasts and deeper cost cuts.
Volkswagen plans to slash 50,000 jobs in Germany by 2030 after reporting a sharp drop in annual operating profit for 2025.
The automaker expects revenue this year to land between flat and 3% above last year's figure, while the operating margin is expected to be between 4% and 5.5%.
The latest of several lawsuits seeks to stop the automaker from bypassing dealerships.
Volkswagen Group delivered 4 million all-electric vehicles since it launched its first model in 2013, the company said Thursday.
Volkswagen VOWG_p.DE has received bids valuing its diesel engine division Everllence at around 8 billion euros ($9.44 billion) including debt, according to three people familiar with the discussions, above what some analysts had estimated.
VWAGY's Lamborghini scraps its first EV, pivots Lanzador to a plug-in hybrid amid weak demand.