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Volkswagen

Chip makers have a message for car makers: Your turn to pay

The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over ...

Published 04 Aug, 2022 10:05am

Business & Finance

Volkswagen ‘confident’ despite global headwinds

FRANKFURT: German auto giant Volkswagen said Thursday that it was able to overcome global economic headwinds and...

Published 28 Jul, 2022 05:03pm

Business & Finance

Volkswagen positive despite profit hit in second quarter

FRANKFURT: German auto giant Volkswagen said Thursday it had a “robust” first half of the year despite a drop in...

Published 28 Jul, 2022 12:27pm

Business & Finance

VW’s CEO Diess ousted after tumultuous tenure, Porsche’s Blume to succeed

BERLIN: Porsche Chief Executive Oliver Blume will take over from Herbert Diess as CEO of Volkswagen (VOWG_p.DE), the...

Published 25 Jul, 2022 06:12am

World

EU court rules Volkswagen emissions software illegal

VIENNA: The European Court of Justice (CJEU) on Thursday ruled illegal software fitted to Volkswagen diesel vehicles...

Published 15 Jul, 2022 07:45am

Business & Finance

VW: EV battery output bigger challenge than EU combustion engine ban

MUNICH: The EU deal to phase out combustion engine cars in just over 12 years is challenging, but a more daunting...

Published 29 Jun, 2022 10:48pm

Business & Finance

VW faces Brazil hearing over dictatorship-era slavery claims

RIO DE JANEIRO: German carmaker Volkswagen faces an audience with Brazilian prosecutors Tuesday over allegations of...

Published 14 Jun, 2022 11:18am

Markets

VW Group to settle UK ‘dieselgate’ claims for £193mn

LONDON: Volkswagen on Wednesday said it would pay £193 million ($242 million, 226 million euros) to British...

Published 25 May, 2022 08:44pm

Markets

Volkswagen to build 800,000 fully-electric cars this year

BERLIN: Volkswagen is planning to build 800,000 fully electric cars worldwide this year and 1.3 million in 2023, the...

Published 12 May, 2022 06:07pm

Markets

VW to challenge Rivian, Ford with electric Scout SUV

HAMBURG/WASHINGTON: Volkswagen plans to expand its electric in vehicle range the United States with a fully electric...

Published 11 May, 2022 05:54pm

Business & Finance

Volkswagen CEO sees tight race with Tesla for e-car crown by 2025

FRANKFURT: Volkswagen faces a tough road ahead to reach its self-imposed target of becoming the world’s largest...

Published 09 May, 2022 03:58pm

Business & Finance

Volkswagen keeps outlook as global set-up offsets supply chain woes

FRANKFURT: Volkswagen, Europe's top carmaker, on Wednesday stuck to its outlook for the current year after its ...

Published 04 May, 2022 11:04am

Business & Finance

Volkswagen to rely on Qualcomm chips for automated driving

BERLIN: Volkswagen has set up a years-long partnership with US chip maker Qualcomm to develop automated driving...

Published 02 May, 2022 11:25am

Business & Finance

Volkswagen sees impact of Ukraine war despite profit bounce

FRANKFURT: German auto giant Volkswagen said Thursday its first quarter operating profit increased significantly in...

Published 18 Apr, 2022 07:22am

Business & Finance

Volkswagen sees impact of Ukraine war despite profit bounce

FRANKFURT: German auto giant Volkswagen said Thursday its first quarter operating profit increased significantly in...

Published 14 Apr, 2022 02:36pm

Business & Finance

Chip undersupply to last until 2024: Volkswagen CFO

BERLIN: Semiconductor chip supply is unlikely to be enough to completely satisfy demand again until 2024, Volkswagen...

Published 10 Apr, 2022 05:49am

Technology

Giga-casting and robots: How Volkswagen’s Trinity aims to catch up with Tesla

BERLIN: As Tesla kicks off production at its new German plant this month, Volkswagen is weeks away from finalising...

Published 31 Mar, 2022 01:22pm

Technology

Inside China’s electric drive for swappable car batteries

DETROIT/BEIJING: A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with...

Published 25 Mar, 2022 11:37am

Business & Finance

Volkswagen sold 2mn fewer cars due to chips, warns supply chain troubles not over

BERLIN: Volkswagen sold 2 million fewer cars than planned last year due to the semiconductor shortage, it said...

Published 15 Mar, 2022 12:35pm

Business & Finance

Volkswagen reimagines classic camper for the electric age

FRANKFURT: Seventy years after its first model rolled off the factory line, Volkswagen is reinventing the VW bus,...

Published 14 Mar, 2022 06:00am

Business & Finance

Volkswagen profits surge despite selling fewer cars

BERLIN: Volkswagen said Friday its net profits jumped last year despite selling fewer cars due to the semiconductor...

Published 14 Mar, 2022 06:00am

Business & Finance

Volkswagen warns of risks from Ukraine crisis as operating profit doubles

FRANKFURT: Volkswagen AG, Europe's top carmaker, doubled its operating profit in 2021 but warned that Russia's...

Published 12 Mar, 2022 12:42am

Business & Finance

VW chief warns economic damage from war risks being worse than pandemic

Volkswagen AG's chief executive officer has warned that a prolonged war in Ukraine risks being "very much worse" for...

Published 10 Mar, 2022 12:15pm

Business & Finance

McDonald's, Coca-Cola join US firms halting Russia operations

NEW YORK: McDonald’s, Coca-Cola and Starbucks on Tuesday bowed to public pressure and suspended their operations in...

Updated 09 Mar, 2022 01:40pm

Business & Finance

Top carmakers suspend operations at Russian plants

FRANKFURT: Toyota and Volkswagen, the world’s two biggest auto manufacturers, said Thursday they would suspend...

Published 04 Mar, 2022 04:37am

Business & Finance

Volkswagen eyes separate stock market listing for Porsche

FRANKFURT: German auto giant Volkswagen on Tuesday said it was drawing up plans to list its luxury brand Porsche as...

Published 23 Feb, 2022 04:54am

Markets

Volkswagen and top investor move closer to Porsche IPO

BERLIN: Volkswagen and its top shareholder have drawn up a preliminary agreement to list Porsche, paving the way for...

Published 22 Feb, 2022 05:56pm

Business & Finance

With weak lira, Turkey woos foreign firms

ISTANBUL: There is a silver lining to Turkey's currency crisis and the global supply chain crunch: The country is...

Published 20 Feb, 2022 11:40am

Technology

Volkswagen in talks with Huawei on autonomous driving unit

BERLIN: Germany's Volkswagen is in talks with China's Huawei about acquiring an autonomous driving unit for billions...

Published 17 Feb, 2022 03:28pm

Business & Finance

Volkswagen hits 2021 EU emissions target after 2020 miss

FRANKFURT: German car giant Volkswagen said Monday it beat the European Union's target for cutting carbon emissions...

Published 24 Jan, 2022 05:26pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Aug 18 786 Investments Limited(786)	5.07 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 18 Al-Abbas Sugar Mills Limited(AABS)	294.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 18 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 18 Allied Bank Limited(ABL)	69.40 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 18 Abbott Laboratories (Pakistan) Limited(ABOT)	619.56 ▼ 0.00 (0.00%)
Abson Ind. / Aug 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 18 Alfalah Consumer Index ETF.(ACIETF)	8.40 ▼ 0.00 (0.00%)
Attock Cement / Aug 18 Attock Cement Pakistan Limited(ACPL)	78.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Aug 18 786 Investments Limited(786)	5.07 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 18 Al-Abbas Sugar Mills Limited(AABS)	294.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 18 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 18 Allied Bank Limited(ABL)	69.40 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 18 Abbott Laboratories (Pakistan) Limited(ABOT)	619.56 ▼ 0.00 (0.00%)
Abson Ind. / Aug 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 18 Alfalah Consumer Index ETF.(ACIETF)	8.40 ▼ 0.00 (0.00%)
Attock Cement / Aug 18 Attock Cement Pakistan Limited(ACPL)	78.43 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 16	214.40
USD PKR Interbank Buying / Aug 16	213.90
USD to Japanese Yen / Aug 16	134.09
USD to Swiss Franc / Aug 16	0.95
Pound Sterling to USD / Aug 16	1.21
Euro to USD / Aug 16	1.02
UK LIBOR % / Aug 16	2.32

Stock	Volume
S&P 500 / Aug 16	4305.20
India Sensex / Aug 16	59842.21
Tokyo Nikkei / Aug 16	29092.21
Nasdaq / Aug 16	13102.55
Hang Seng / Aug 16	19873.59
FTSE 100 / Aug 16	7536.06
Dow Jones / Aug 16	34152.01
Germany DAX 30 / Aug 16	13910.12
France CAC40 / Aug 16	6592.58

Item	Value
Crude Oil USD/Barrel / Aug 16	86.92
Karachi Cotton PKR/37.32 KG / Aug 16	18735.00
Gold 10 Grams PKR / Aug 16	122300.00
Gold Spot USD/Ounce / Aug 16	1776.12
Cotton US¢/pound / Aug 16	116.30

Volkswagen

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