Volkswagen AG

A medical worker wearing a protective suit swabs a child for a coronavirus test in Huaxian County in central China's Henan Province, Friday, Jan. 14, 2022. China further tightened its anti-pandemic measures in Beijing and across the country on Friday as scattered outbreaks continued ahead of the opening of the Winter Olympics in a little over two weeks. (Chinatopix via AP)

Anti-coronavirus measures tightened across China

Jan. 14, 2022 04:28 AM EST

A worker wearing a protective suit takes a swab for a COVID-19 test at a community testing site in northern China's Tianjin Municipality, Thursday, Jan. 13, 2022. Most access to a major city adjacent to Beijing was suspended Thursday as the government tried to contain an outbreak of the coronavirus's easily transmitted omicron variant ahead of next month's Winter Olympics in the Chinese capital. (Chinatopix via AP)

China faces omicron test weeks ahead of Beijing Olympics

By Huizhong Wu Jan. 13, 2022 01:15 AM EST

FILE - In this April 19, 2021 file photo, Stephan Wollenstein, CEO of Volkswagen Group China, speaks during a launch event at the Shanghai Auto Show in Shanghai, China. Volkswagen's earnings bounced back strongly in the first quarter. The company is riding the strong recovery from the pandemic in China, its single biggest market these days. (AP Photo/Ng Han Guan, File)

Volkswagen profits jump as China leads pandemic rebound

By David Mchugh May. 06, 2021 03:11 AM EDT

FILE - In this Tuesday, Feb. 25, 2020 file photo, Electric car ID.3 cars stand at the factory area during a press tour at the plant of the German manufacturer Volkswagen AG ,VW, in Zwickau, Germany. Automaker Volkswagen tripled sales of battery-only cars last year as its new electric compact ID.3 came on the market ahead of tough new limits on auto emissions. (AP Photo/Jens Meyer, file)

Volkswagen weathers pandemic with $10.7 billion profit

By David Mchugh Feb. 26, 2021 08:45 AM EST

FILE - In this Tuesday, Feb. 25, 2020 file photo, a worker completes an electric car ID.3 body at the assembly line, during a press tour at the plant of the German manufacturer Volkswagen AG, VW, in Zwickau, Germany. Automaker Volkswagen tripled sales of battery-only cars last year as its new electric compact ID.3 came on the market ahead of tough new limits on auto emissions. (AP Photo/Jens Meyer, file)

Volkswagen sold 9.3 million cars in pandemic year, down 15%

Jan. 13, 2021 09:09 AM EST

Volkswagen triples electric car sales ahead of climate rules

By David Mchugh Jan. 12, 2021 06:56 AM EST

FILE - In this Jan. 14 2019 file photo, Scott Keogh, President and CEO, Volkswagen Group of America, Inc., speaks during media previews for the North American International Auto Show in Detroit. Ever since Volkswagen got caught cheating on U.S. emissions tests five years ago, the automaker has been trying to regain the confidence of American consumers. Judging by sales figures, the efforts are starting taking hold. Keogh, VW of America’s CEO since 2018, says the company has worked to rebuild trust with big plans for clean electric vehicles.(AP Photo/Paul Sancya)

Insider Q&A: Volkswagen of America CEO Scott Keogh

By Tom Krisher Dec. 27, 2020 01:00 PM EST

Volkswagen facing 'massive' shortage of electronic parts

Dec. 18, 2020 02:04 PM EST
FRANKFURT, Germany (AP) — Volkswagen said Thursday it was facing production slowdowns due to a “massive” supply bottleneck caused by a shortage of...

FILE - In this file photo dated Monday, Oct. 26, 2020, a man wearing a face mask walks over a bridge with the buildings of the banking district in background in Frankfurt, Germany. New figures released Friday Oct. 30, 2020, show that the European economy grew by an unexpectedly large 12.7% in the third quarter as companies reopened after severe coronavirus lockdowns. (AP Photo/Michael Probst, FILE)

Eurozone growth soars record 12.7% but fears grow for winter

By David Mchugh Oct. 30, 2020 06:04 AM EDT

FILE - In this Monday, April 20, 2020 file photo, cars are lined up at a Volkswagen car dealer in Essen, Germany. German automaker Volkswagen says it returned to profit in the third quarter thanks to cost discipline and a rebound in global sales markets led by China after the lifting of the severe restrictions on activity in the early phase of the pandemic. (AP Photo/Martin Meissner, File)

Volkswagen returns to profit as global auto markets recover

Oct. 29, 2020 05:32 AM EDT

An electric car stand at a loading station of a car dealer in Bad Homburg, Germany, Thursday, Sept. 3, 2020. (AP Photo/Michael Probst)

EU share of electric cars grew during virus lockdown months

By David Mchugh Sep. 03, 2020 08:07 AM EDT

FILE - In this file photo dated Thursday, April 23, 2020, flags wave in front of a factory building during the production restart of the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany.
Carmaker Volkswagen reports Thursday July 30, 2020, an after-tax loss of 1.54 billion euros (dollars 1.81 billion) in the second quarter as the pandemic shut down auto plants and closed dealerships. (AP Photo/Jens Meyer, FILE)

Volkswagen lost $1.8 billion in Q2 but sees profit for year

Jul. 30, 2020 05:27 AM EDT

Signs for Wall Street are shown, Thursday, July 30, 2020, in New York. Stocks are falling on Wall Street Thursday after reports showed that layoffs are continuing at a stubborn pace and that the U.S. economy contracted at a nearly 33% annual rate in the spring. (AP Photo/Mark Lennihan)

Asian benchmarks tumble, looking to earnings, central banks

By Yuri Kageyama Jul. 30, 2020 05:23 AM EDT

Coronavirus cancels plan for new Volkswagen plant in Turkey

Jul. 01, 2020 06:26 AM EDT
BERLIN (AP) — German automaker Volkswagen said Wednesday it is halting plans for a new factory in Turkey, saying that the steep drop in demand for cars...

Commuters wear face masks to protect against the coronavirus as they walk through a subway station in Beijing, Tuesday, May 26, 2020. With declining virus case numbers, students have gradually returned to class and some international schools in Beijing are preparing to reopen on June 1. China's ceremonial parliament is meeting this week, with social distancing and other anti-virus measures being used. (AP Photo/Mark Schiefelbein)

German companies flying 200 workers to China in mass return

By Joe Mcdonald May. 26, 2020 09:09 AM EDT

Global stocks gain ... Commerce Dept reports on GDP ... German company begins COVID-19 vaccine human testing

Apr. 29, 2020 06:32 AM EDT
BEIJING (AP) — Global stocks gained today after France and Spain joined governments that plan to ease anti-virus controls and allow businesses to reopen....

VW car sales, profits plunge during coronavirus crisis

By David Mchugh Apr. 29, 2020 04:32 AM EDT