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Volkswagen's new Scout Motors brand has taken more than 160,000 reservations for its first model, with most customers opting for an extended-range hybrid version instead of full electric, a top executive said on Wednesday.
New driving program created exclusively for women and taught by female instructors New driving program created exclusively for women and taught by female instructors
Sales revenue at the subsidiary of Volkswagen fell 7%, while unit sales declined 9% to 305,500 vehicles.
MCLEAN, Va.--(BUSINESS WIRE)-- #EV--Volkswagen dealerships filed a class-action lawsuit alleging VW skirted contracts by selling its Scout EVs directly to consumers, says Hagens Berman.
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.
Volkswagen AG remains a Hold, as near-term financial results are clouded by weak U.S. sales, China declines, and restructuring challenges. VWAGY's 2025 net cash flow is guided at €6B, up from prior zero, but far below 2021's €15B, reflecting ongoing margin pressures and cost headwinds. U.S. tariffs and expiring BEV credits have sharply impacted VWAGY's North American performance, with 2025 unit sales down 10.4% and operating profit dropping 29% YoY.
Lamborghini canceled an upcoming electric vehicle launch due to a lack of consumer demand and will replace it with a plug-in hybrid instead, CEO Stephan Winkelmann said.
Investors looking for stocks in the Automotive - Foreign sector might want to consider either Volkswagen AG Unsponsored ADR (VWAGY) or Byd Co., Ltd. (BYDDY). But which of these two stocks offers value investors a better bang for their buck right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Weekly Market HighlightsWeekly performance was volatile at the extremes, with 876 stocks gaining more than 10% while 776 stocks declined by more than 10%.Marke
Stock News Oil climbs on Iran risk: Crude headed for its first weekly gain in three weeks as tensions rose over potential U.S. strikes on Iran and possible Stra
Workers at a Volkswagen plant in Chattanooga, Tennessee, on Thursday voted 96% in favor of a labor deal negotiated by the United Auto Workers union, marking one of the most significant victories of UAW President Shawn Fain's tenure.
Huge single-day stock gains are rare and thrilling. It's not unusual for stock traders to fantasize about participating in lightning-fast profits, and moonshot lore never ceases to fascinate investors. On the other hand, stocks can go down just as fast as they went up and moonshot tales don't always have happy endings. Still, it's fun... The Largest Single-Day Stock Gain Ever Recorded (And What Happened Next).
Volkswagen has attracted bids from top private equity funds including Blackstone , EQT and CVC for its Everllence division, The Financial Times reported on Wednesday, citing people familiar with the matter.
Volkswagen plans to cut costs by 20% across all brands by the end of 2028, Manager Magazin reported on Monday.
TORONTO, Feb. 13, 2026 (GLOBE NEWSWIRE) -- The Automobile Journalists Association of Canada (AJAC) voted the Porsche Taycan as “Canadian Electric Car of the Year” for 2026.
Volkswagen remains committed to its course towards more efficient and low-emission vehicles in the long term, the German carmaker said on Friday, taking note of a recent change to U.S. climate regulation under President Donald Trump.
German carmaker Volkswagen is considering building the next model of its Cupra brand's Tavascan SUV coupe in Europe instead of China in future, German newspaper Handelsblatt reported on Wednesday, citing company sources and internal production plans.
Major Chinese automakers will be next to knock on Brussels' door after Volkswagen secured a breakthrough tariff reprieve for its China-made Cupra Tavascan SUV, multiple industry insiders and analysts said.