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Volkswagen AG (VOWG.DE)

VOWG.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Audi To Sell Stakes In CSI And PSW - Automobilwoche
Monday, 15 Apr 2019 

April 15 (Reuters) - German monthly Automobilwoche, citing company sources: :VOLKSWAGEN'S <<>> AUDI <<>> TO DIVEST ITS STAKES IN DEVELOPMENT SERVICE PROVIDERS CSI AND PSW .  Full Article

Anhui Jianghuai Automobile Says No Formal Plan Has Been Formed With Volkswagen On Deepening JV Cooperation, Clarifying Media Reports
Thursday, 11 Apr 2019 

April 11 (Reuters) - Anhui Jianghuai Automobile Group Corp Ltd <600418.SS>::SAYS IT HAS BEEN DISCUSSING WITH VOLKSWAGEN ON DEEPENING JOINT VENTURE COOPERATION ON NEW ENERGY VEHICLES, CLARIFYING MEDIA REPORTS.SAYS NO FORMAL PLAN HAS BEEN FORMED AS OF NOW.  Full Article

Volkswagen says Brussels proceedings limited to emission control systems
Friday, 5 Apr 2019 

April 5 (Reuters) - Volkswagen ::We confirm that in the ongoing Commission proceedings against BMW, Daimler, Volkswagen, Audi and Porsche, Volkswagen AG has received formal complaints from the Commission. By issuing these complaints, the Commission informs the undertaking concerned of the preliminary evaluation of the case and gives the company the chance to make a statement. Volkswagen will examine the complaints and issue a statement after evaluating the investigation file as part of its cooperation..The subject of the proceedings is restricted to the cooperation of German OEMs on technical issues within the context of what are known as the Circles of Five. The Commission is investigating if antitrust violations in connection with the development and introduction of SCR systems and "Otto" particulate filters occurred for passenger cars which were sold in the European Economic Area. The manufacturers are not charged with any other misconduct such as price fixing or allocating markets and customers. The Commission also sees no evidence of a connection between these proceedings and the allegations regarding the use of illegal defeat devices..  Full Article

Volkswagen Intends To Merge Its Three Indian Units
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Volkswagen AG ::INTENDS TO MERGE ITS THREE INDIAN COMPANIES, VWIPL, VOLKSWAGEN GROUP SALES INDIA PRIVATE LIMITED (NSC) AND SAIPL.BOARDS OF THREE COMPANIES HAVE ALREADY GIVEN THEIR APPROVAL, SUBJECT TO THE APPROVAL OF THE COMPETENT AUTHORITIES.  Full Article

Volkswagen Of America Says Sales Of 37,092 Total Units Reported In March, Up 14 Percent
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Volkswagen Of America::VOLKSWAGEN OF AMERICA - 37,092 TOTAL UNITS REPORTED IN MARCH, UP 14 PERCENT.  Full Article

German Car Registrations In March Down 1 Percent To 345,600 - KBA
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Bayerische Motoren Werke AG ::GERMAN CAR REGISTRATIONS IN MARCH DOWN 1 PERCENT TO 345,600 - KBA.  Full Article

Kuka Receives Major Order From FAW-Volkswagen In China
Thursday, 28 Mar 2019 

March 28 (Reuters) - Kuka Ag ::RECEIVES MAJOR ORDER FROM FAW-VOLKSWAGEN AUTOMOTIVE IN CHINA.PROJECT INVOLVES CONSTRUCTION OF AN ASSEMBLY LINE FOR MANUFACTURE OF AN MEB (MODULAR ELECTRIFICATION KIT) PLATFORM BATTERY.  Full Article

Volkswagen Establishes "European Battery Union" With Northvolt
Thursday, 21 Mar 2019 

March 21 (Reuters) - Volkswagen AG ::VOLKSWAGEN ESTABLISHES "EUROPEAN BATTERY UNION" WITH NORTHVOLT.CONSORTIUM WANTS TO PARTICIPATE IN THE FUNDING FOR THE RESEARCH, DEVELOPMENT AND INDUSTRIALIZATION OF BATTERY TECHNOLOGY.THE PRIMARY GOAL IS A MUCH BROADER ONE COMPETENCY DEVELOPMENT IN BATTERY CELL PRODUCTION..EUROPEAN COMPANIES AND INSTITUTES JOIN TOGETHER TO FORM THE EUROPEAN BATTERY UNION (EBU) CONSORTIUM.START OF JOINT RESEARCH ACTIVITIES SHOULD BE IN EARLY 2020.  Full Article

Volkswagen's Porsche AG To Pay €9,700 Fixed Bonus To Staff
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Porsche AG::€9,700 bonus for Porsche employees.Bonus is in recognition of extraordinary dedication and commitment of all staff.Bonus not specifically based on different pay levels, but set at a fixed rate.  Full Article

Porsche SE CEO Says We Don't Rule Out Buying Further Shares In VW If It's Opportune
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Volkswagen AG ::PORSCHE SE CEO SAYS WE DON'T RULE OUT BUYING FURTHER SHARES IN VOLKSWAGEN IN THE FUTURE IF IT'S OPPORTUNE.PORSCHE SE CEO SAYS APPOINTING VW'S CEO DIESS AS BOARD MEMBER OF COMPANY IS NOT IMPOSSIBLE , BUT IT'S NOT BEING DISCUSSED AT THE MOMENT.PORSCHE SE CEO SAYS WE SUPPORT VW'S E-MOBILITY STRATEGY WITH EMPHASIS.PORSCHE SE CEO SAYS IPO OF PORSCHE AG WOULD BE JUSTIFIABLE IF NECESSARY, BUT WE DON'T SEE NEED TODAY.PORSCHE SE CEO SAYS FURTHER INCREASES OF VW SHARES WOULD REMAIN IN SINGLE-DIGIT RANGE, WE DON'T AIM FOR ANY BIG PACKAGES.VOLKSWAGEN/PORSCHE SE LEGAL BOARD MEMBER SAYS HE DOES NOT EXPECT RULING THIS YEAR ON THE INVESTORS LAWSUIT PENDING IN BRAUNSCHWEIG.  Full Article

UPDATE 2-Continental delays powertrain IPO to 2020 as profits drop 17 pct

* Continental postpones IPO of powertrain division until 2020 (Adds detail on outlook, context, share price)