Volkswagen AG (VOW.DE)
| Previous close | 139.30 |
| Open | 139.40 |
| Bid | 136.70 x N/A |
| Ask | 136.80 x N/A |
| Day's range | 136.00 - 139.70 |
| 52-week range | 105.95 - 162.65 |
| Volume | |
| Avg. volume | 42,990 |
| Market cap | 64.555B |
| Beta (5Y monthly) | 1.26 |
| PE ratio (TTM) | 4.28 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 9.00 (6.46%) |
| Ex-dividend date | 30 May 2024 |
| 1y target est | N/A |
- Associated Press Finance
U.S. labor secretary says UAW win at Tennessee Volkswagen plant shows southern workers back unions
Workers at auto plants in the South should be free to unionize without pressure from employers or anti-union governors, acting U.S. Labor Secretary Julie Su said Thursday, even as some southern states pass laws to inhibit organized labor. “That choice belongs to the worker, free from intervention, either by the employer or by politicians, free from retaliation and threats,” Su told The Associated Press in an interview Thursday in Atlanta. The United Auto Workers union vowed a broad campaign to organize southern auto assembly plants after winning lucrative new contracts in a confrontation with Detroit's automakers.
- Reuters
UPDATE 2-Volkswagen aims to keep China market share stable as price war rages
Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade, the head of its China business said, betting heavy investment will support sales despite a raging price war with local electric vehicle (EV) rivals. The targets for 2030, including Volkswagen's ambition to take a share of around 15% of the Chinese car market in 2030 compared to 14.5% last year, underscores the challenges Europe's top carmaker faces in the world's biggest auto market.
- Reuters
Volkswagen aims to keep China market share stable as price war rages
Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade, the head of its China business said, betting heavy investment will support sales despite a raging price war with local electric vehicle (EV) rivals. The targets for 2030, including Volkswagen's ambition to take a share of around 15% of the Chinese car market in 2030 compared to 14.5% last year, underscores the challenges Europe's top carmaker faces in the world's biggest auto market. "Prices are going faster down than the cost improvements," Volkswagen management board member and head of its China business Ralf Brandstaetter said on Wednesday.
