Volkswagen AG and Northvolt AB have created a 50/50 joint venture to build a factory for lithium-ion battery production.

The Board of Management of Volkswagen AG, together with approval from the Supervisory Board, has resumed the process of going ahead with the planned IPO of Traton SE.

Volkswagen AG and Ford Motor Company have reached formal agreements relating to broad alliances designed to boost competitiveness and serve customers better.