0P6N.IL - VOLKSWAGEN AG VOLKSWAGEN ORD SH

IOB - IOB Delayed price. Currency in EUR
169.20
-2.90 (-1.69%)
At close: 4:18PM BST
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Previous close172.10
Open170.02
Bid0.00 x 0
Ask0.00 x 0
Day's range168.90 - 170.02
52-week range128.25 - 191.60
Volume499
Avg. volume9,913
Market capN/A
BetaN/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • MarketWatch58 minutes ago

    Apple driverless-car unit now focused on VW shuttle vans: report

    Apple Inc. has again narrowed the ambitions of its secretive self-driving car program, according to a report Wednesday by the New York Times. After being rebuffed by BMW and Daimler AG's Mercedes Benz after seeking self-driving technology partnerships, Apple is now teaming with Volkswagen AG to modify VW vans into self-driving shuttles for Apple workers, the Times reported.

  • Reuters - UK Focus15 hours ago

    Shares in Russia's GAZ up after U.S. extends sanctions deadline

    Shares in Russian car maker GAZ rose in early trade on Wednesday after Washington gave U.S. customers more time to comply with sanctions against the Russian company. The United States imposed sanctions ...

  • Automakers Focus on Made-in-China EVs as Competition Rises
    Zacksyesterday

    Automakers Focus on Made-in-China EVs as Competition Rises

    In order to tap the thriving EV market in China, automakers are opting for locally-manufactured, affordable vehicles for buyers.

  • Global Autos Get a Boost From China Car Tariffs Cut: Street Wrap
    Bloombergyesterday

    Global Autos Get a Boost From China Car Tariffs Cut: Street Wrap

    European autos shares advanced and U.S. car stocks gained in pre-market trading after China said it will cut the import duty on passenger cars to 15 percent from the current 25 percent. Europe’s Stoxx 600 Automobiles & Parts Index rose 1.1 percent as of 2:12 p.m. CET, the second best-performing sector on the broader gauge, with BMW AG rising 2.5 percent, Porsche Automobil Holding SE up 1.8 percent and Daimler AG gaining 1.6 percent. In the U.S., General Motors Co., Ford Motor Co. and Tesla Inc. were set to open higher.

  • Reuters - UK Focus2 days ago

    GLOBAL MARKETS-European shares eye four-month highs, Italy sell-off relents

    "Who will be the next finance minister in Italy, that is the question in the market at the moment," said Rabobank's head of macro strategy Elwin de Groot. Italy's main bourse also outperformed as the news flow eased. Europe's big carmakers Volkswagen (IOB: 0P6N.IL - news) , BMW (EUREX: BMWE.EX - news) and Daimler (IOB: 0NXX.IL - news) jumped 1 to 1.6 percent too, after China said it would cut import duty on passenger cars and car parts from July 1.

  • Gas Guzzlers Set to Fade as China Sparks Surge for Electric Cars
    Bloomberg2 days ago

    Gas Guzzlers Set to Fade as China Sparks Surge for Electric Cars

    The century-long dominance of gasoline-engine cars will sputter in coming decades as incentivized Chinese buyers and more-efficient manufacturers combine to put electric vehicles atop the sales leader board. By 2040, more than half of all new car sales and a third of the planet’s automobile fleet -- equal to 559 million vehicles -- will be electric, according to a global outlook published Monday by Bloomberg New Energy Finance. EVs will achieve upfront cost parity with internal-combustion engines beginning in the mid-2020s, helping trigger a tectonic shift in car sales.

  • Porsche Slapped With Diesel Recall by German Regulator
    Bloomberg5 days ago

    Porsche Slapped With Diesel Recall by German Regulator

    Porsche must recall almost 60,000 sport utility vehicles in Europe to fix manipulated diesel engines after the German auto industry regulator found software functions that are illegal. Inspections of Macan and Cayenne SUVs found they contained software that could reduce emissions controls for smog-inducing nitrogen oxide, the German transport ministry said Friday in an emailed statement. Porsche, a unit of Volkswagen AG, confirmed it received notifications for the recall from the regulator this week.

  • Reuters6 days ago

    Volkswagen's biggest brand to by-pass Paris auto show

    BERLIN/PARIS (Reuters) - Volkswagen will not display its core brand at the Paris motor show this year, the latest and most prominent carmaker to swerve the biennial industry gathering. Europe's largest automotive group has scaled back brand presentations at traditional car shows, including Detroit and Frankfurt, since the VW emissions scandal erupted in 2015. This has partly been seen as a cost-cutting measure for VW which has been reducing spending to counter the multi-billion dollar costs of dealing with the fallout of cheating diesel emissions tests, but it also mirrors a wider sector trend.

  • Volkswagen's biggest brand to by-pass Paris auto show
    Reuters6 days ago

    Volkswagen's biggest brand to by-pass Paris auto show

    BERLIN/PARIS (Reuters) - Volkswagen (VOWG_p.DE) will not display its core brand at the Paris motor show this year, the latest and most prominent carmaker to swerve the biennial industry gathering. Europe's largest automotive group has scaled back brand presentations at traditional car shows, including Detroit and Frankfurt, since the VW emissions scandal erupted in 2015. This has partly been seen as a cost-cutting measure for VW which has been reducing spending to counter the multi-billion dollar costs of dealing with the fallout of cheating diesel emissions tests, but it also mirrors a wider sector trend.

  • Forbes7 days ago

    Volkswagen Diesel Scandal Coming To A TV Screen and Movie Theater Near You

    The Volkswagen diesel scandal is the subject of a new documentary and an upcoming feature film. The scandal surrounding Volkswagen AG’s faking emissions tests on its diesel vehicles took an unexpected turn earlier this month when the U.S. Justice Dept. issued an indictment of former VW CEO Martin Winterkorn. The indictment charges that Winterkorn knew about the fraud many months before it came to light in September 2015.

  • Reuters8 days ago

    Volkswagen trucks CFO quits for personal reasons, no successor yet

    The finance chief of Volkswagen's (VOWG_p.DE) truck and bus division has resigned from his position for personal reasons, a spokeswoman said on Wednesday. Matthias Gruendler, CFO of VW's trucks arm which combines the MAN and Scania brands and a Brazil-based commercial vehicles business, has already been released from his duties, the spokeswoman said, adding that a successor has not yet been found.

  • Volkswagen's trucks CFO quits for personal reasons, no successor yet
    Reuters8 days ago

    Volkswagen's trucks CFO quits for personal reasons, no successor yet

    The finance chief of Volkswagen's (VOWG_p.DE) truck and bus division has resigned from his position for personal reasons, a spokeswoman said on Wednesday. Matthias Gruendler, CFO of VW's trucks arm which combines the MAN and Scania brands and a Brazil-based commercial vehicles business, has already been released from his duties, the spokeswoman said, adding that a successor has not yet been found.

  • The Wall Street Journal9 days ago

    Fiat Chrysler Employees Knew of Emissions Cheating, Documents in Shareholder Suit Claim

    Fiat Chrysler Automobiles NV employees believed the auto maker used illegal software in diesel-powered vehicles to cheat on U.S. emissions tests and concealed it from regulators, according to allegations by plaintiffs’ lawyers in federal court documents unsealed Monday. The documents cite communications by Fiat Chrysler officials as part of a deposition request and refer to several employees allegedly having misgivings about the company’s use of software affecting emissions. The plaintiffs’ lawyers cite internal chat rooms and external emails in which employees allegedly discuss the use of “defeat devices,” which are emission-control components that improperly manipulate pollution emanating from tailpipes.

  • Fiat Chrysler CEO Scolded Aide for Early Denial on Emissions
    Bloomberg9 days ago

    Fiat Chrysler CEO Scolded Aide for Early Denial on Emissions

    The chief executive of Fiat Chrysler Automobiles NV admonished a company spokesman in 2015 for saying the company didn’t rig its vehicles with illegal software to pass emissions tests, according to documents filed in a related lawsuit. An excerpt of the 2015 email from CEO Sergio Marchionne to Fiat Chrysler’s then-head of U.S. communications, Gualberto Ranieri, was revealed in federal court in Manhattan on Monday. The spokesman had issued a statement days after Volkswagen AG admitted to cheating on emissions tests that Fiat Chrysler did not use so-called defeat devices.

  • Volkswagen (VLKAY) to Recall 411K Polo and Seat Vehicles
    Zacks9 days ago

    Volkswagen (VLKAY) to Recall 411K Polo and Seat Vehicles

    Defective rear seatbelt lock leads to the recall of Volkswagen's (VLKAY) new Polo and Seat vehicles.

  • Volkswagen Sees Nigeria Automobile Sales Recovering on Economy
    Bloomberg10 days ago

    Volkswagen Sees Nigeria Automobile Sales Recovering on Economy

    Volkswagen AG expects a rebound in vehicle sales in Nigeria as the economy in Africa’s biggest oil producer recovers, the head of the company’s South African operations said. Nigeria was one of several African oil exporters hit hard when crude prices crashed in 2014, but the economy is recovering as oil rebounds. “Now that the oil price has been recovering hopefully this situation will reverse and we can assemble and see a few hundred cars in the next year or so,” Thomas Schaefer said in an interview at a conference in the Rwandan capital, Kigali.

  • Throwing Ex-CEO Under the VW Bus Could Leave a Mark
    Bloomberg10 days ago

    Throwing Ex-CEO Under the VW Bus Could Leave a Mark

    Forcing former Volkswagen Chief Executive Officer Martin Winterkorn to pay for at least some of the 25 billion euros ($29.9 billion) stemming from the diesel-rigging scandal could backfire on the automaker. U.S. criminal charges, disclosed earlier this month, gives Volkswagen an opportunity to go after Winterkorn as German law requires companies to make executives pay for corporate wrongdoing. Any effort to throw Winterkorn under the bus, however, could bolster investors suing VW for 9 billion euros for failing to inform the market about the diesel issue earlier and even drag other top executives -- Chairman Dieter Poetsch and new CEO Herbert Diess -- into the fray.

  • Volkswagen to recall 411,000 cars over rear seatbelt problem
    Reuters12 days ago

    Volkswagen to recall 411,000 cars over rear seatbelt problem

    BERLIN/FRANKFURT (Reuters) - German carmaker Volkswagen AG (VOWG_p.DE) will recall about 220,000 of its new Polo vehicles in the coming weeks due to a problem with the rear seatbelt lock, it said on Friday, adding 191,000 cars of its Spanish unit Seat were also affected. The company said the global recall was limited to markets where Polo cars are sold and the Seat brand does business. Volkswagen said the recall concerned a technical problem where the rear left seatbelt could be unintentionally released in some rare situations, for example during a fast lane change when the vehicle had five passengers on board.

  • VW Group set to 'recall up to 28,000' Volkswagens and Seats over seatbelt issue
    Sky News12 days ago

    VW Group set to 'recall up to 28,000' Volkswagens and Seats over seatbelt issue

    Volkswagen (IOB: 0P6N.IL - news) and Seat could be about to recall tens of thousands of cars over fears of malfunctioning seatbelts. The move by German firm VW Group, which owns the brands, would affect up to 28,000 recently sold Seat Aronas, Seat Ibizas, and Volkswagen Polos. Tekniikan Maailma, a Finnish motoring magazine, carried out tests that uncovered a safety issue when three people are sat in the back of the car at high speed.

  • Oilprice.com14 days ago

    Can Volkswagen Compete With Tesla?

    In Volkswagen’s annual shareholder meeting, the company’s new CEO, Herbert Diess, announced new plans to challenge Tesla for dominance in the global electric vehicle market

  • How business could be hit by Iran deal pull-out
    Sky News14 days ago

    How business could be hit by Iran deal pull-out

    Donald Trump's withdrawal from the nuclear deal with Iran threatens to put billions of dollars worth of trade in jeopardy. How will different companies and sectors be affected? Who does business with Iran? ...

  • The Wall Street Journal15 days ago

    Audi Finds Illegal Emissions Software in Some Diesel Vehicles

    AG, said Tuesday it had found illegal software that manipulates emissions in about 60,000 of its best-selling diesel-powered vehicles mostly sold in Europe, the latest indication that the car maker continues to struggle to get control of an emissions-cheating scandal that has cost it billions. The new revelation comes about 2½ years after U.S. environmental authorities disclosed that Volkswagen had rigged millions of diesel engines to cheat on emissions test for nearly decade. The latest discovery, Audi said in a statement, was made during a routine inspection of engine software as the auto maker continues to hunt down and remove illegal code.

  • Reuters15 days ago

    New Volkswagen CEO testified in United States on emissions scandal - report

    Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess travelled to the United States last week to testify to authorities there about the carmaker's emissions scandal, German newspaper Bild reported on Tuesday. At the meeting, which Bild said took place around May 1, Diess spoke with representatives of the U.S. Department of Justice (DoJ) and the Federal Bureau of Investigation, the daily newspaper reported, without citing the source of the information. Diess, who joined Volkswagen in July 2015, about two months before the "Dieselgate" scandal broke, was accompanied by Larry Thompson, the U.S. monitor appointed last year to oversee reforms at the German group, the newspaper said.

  • New VW CEO testified in United States on emissions scandal: report
    Reuters15 days ago

    New VW CEO testified in United States on emissions scandal: report

    Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess traveled to the United States last week to testify to authorities there about the carmaker's emissions scandal, German newspaper Bild reported on Tuesday. At the meeting, which Bild said took place around May 1, Diess spoke with representatives of the U.S. Department of Justice (DoJ) and the Federal Bureau of Investigation, the daily newspaper reported, without citing the source of the information. Diess, who joined Volkswagen in July 2015, about two months before the "Dieselgate" scandal broke, was accompanied by Larry Thompson, the U.S. monitor appointed last year to oversee reforms at the German group, the newspaper said.

  • Audi Halts Diesel A6 Deliveries Over Latest Emissions Revelation
    Bloomberg16 days ago

    Audi Halts Diesel A6 Deliveries Over Latest Emissions Revelation

    Volkswagen AG’s Audi unit suspended deliveries of some of its popular sedans and coupes after informing German authorities of irregularities in emissions systems, embroiling the luxury brand further in the carmaker’s diesel scandal. An internal review revealed abnormalities in the engine-management software of current A6 and A7 models with V-6 diesel motors, Audi said in a statement on Tuesday.

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