Volkswagen
German automobile brand
A major German automotive manufacturing group operating several international passenger and commercial vehicle brands.
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Latest News
5HEUKING advises Volkswagen Financial Services on a EUR 6 billion syndicated loan facility
Law firm HEUKING advised Volkswagen Financial Services on the successful procurement of a EUR 6 billion syndicated loan facility to support its ongoing financial operations.
Volkswagen AG resolves on investment by Volkswagen of initially 1 billion USD in Rivian Automotive, Inc., and intends to establish a joint venture
Volkswagen announced a strategic investment of up to 5 billion USD in Rivian Automotive to establish a joint venture focused on developing advanced electrical and electronic vehicle architectures.
Volkswagen Financial Services U.S. and Wells Fargo announce cooperation agreement for vehicle purchase financing of Volkswagen, Audi, and Ducati brands in the United States
Volkswagen Financial Services and Wells Fargo have entered a multi-year agreement making Wells Fargo the preferred purchase financing provider for Volkswagen, Audi, and Ducati brands in the U.S. starting in 2025.
Volkswagen Deepens Cost-Cutting Overhaul
Volkswagen is implementing a radical business overhaul to improve finances amid intense competition from China, which is expected to lead to significant job losses and reduced production capacity.
Volkswagen has ‘a year, maybe two to turn around’, financial chief warns
Volkswagen's financial leadership has warned that the company has a limited window to turn around its performance as it faces declining demand and increased competition from Chinese manufacturers.
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