0P6N.IL - VOLKSWAGEN AG VOLKSWAGEN ORD SH

IOB - IOB Delayed price. Currency in EUR
159.00
-3.35 (-2.13%)
At close: 4:29PM BST
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Previous close162.35
Open163.68
Bid0.00 x 0
Ask0.00 x 0
Day's range158.61 - 163.68
52-week range131.25 - 191.60
Volume2,582
Avg. volume9,158
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
  • Reuters2 days ago

    German court says investors can seek redress from Porsche SE in VW case

    A German court ruled on Friday that investors pushing for damages over a sharp fall in Volkswagen shares after the carmaker disclosed emissions cheating in 2015 can also seek redress from majority shareholder Porsche SE. Investors from around the world have lodged lawsuits at a regional court in Braunschweig, seeking around 9 billion euros (£7.9 billion) in damages from Volkswagen, which they say did not inform shareholders quickly enough over its cheating of emissions tests in the United States. The lawsuit at the regional court in Braunschweig, near VW's Wolfsburg headquarters, is led by investment firm Deka.

  • German court says investors can seek redress from Porsche SE in VW case
    Reuters2 days ago

    German court says investors can seek redress from Porsche SE in VW case

    A German court ruled on Friday that investors pushing for damages over a sharp fall in Volkswagen (VOWG_p.DE) shares after the carmaker disclosed emissions cheating in 2015 can also seek redress from majority shareholder Porsche SE (PSHG_p.DE). Investors from around the world have lodged lawsuits at a regional court in Braunschweig, seeking around 9 billion euros ($10.4 billion) in damages from Volkswagen, which they say did not inform shareholders quickly enough over its cheating of emissions tests in the United States. The lawsuit at the regional court in Braunschweig, near VW's Wolfsburg headquarters, is led by investment firm Deka.

  • Volkswagen names M&A expert Christian Schulz as new trucks CFO
    Reuters3 days ago

    Volkswagen names M&A expert Christian Schulz as new trucks CFO

    Volkswagen Truck & Bus on Friday appointed mergers and acquisitions specialist Christian Schulz as its new finance chief, as the division seeks to tap capital markets to fund an expansion plan which could result in the acquisition of rival Navistar. Volkswagen (VOWG_p.DE) plans to build a global trucks business by integrating its MAN and Scania divisions and building a stake in U.S. truck maker Navistar (NAV.N) to challenge rivals Daimler (DAIGn.DE) and Volvo (VOLVb.ST). Schulz has been responsible for strategy, mergers and managing the relationship with Navistar and Hino, VW said.

  • Reuters3 days ago

    Volkswagen names Christian Schulz as new trucks CFO

    FRANKFURT (Reuters) - Volkswagen's (VOWG_p.DE) truck and bus division on Friday named Christian Schulz as its new finance chief, replacing Matthias Gruendler, who resigned for personal reasons last month. ...

  • Reuters3 days ago

    Volkswagen could face further fines from German authorities

    Volkswagen could face additional fines in Munich and Stuttgart on top of the 1 billion euros ($1.2 bln) it has been told to pay for management lapses which caused emissions cheating on 11 million VW diesel cars. Prosecutors in the German town of Braunschweig used a so-called administrative order to fine Volkswagen for oversight problems which allowed millions of polluting VW cars to hit the road. The fine is one of the biggest ever penalties imposed by German authorities against a company.

  • VW could face further fines from German authorities
    Reuters3 days ago

    VW could face further fines from German authorities

    Volkswagen (VOWG_p.DE) could face additional fines in Munich and Stuttgart on top of the 1 billion euros ($1.2 bln) it has been told to pay for management lapses which caused emissions cheating on 11 million VW diesel cars. Prosecutors in the German town of Braunschweig used a so-called administrative order to fine Volkswagen for oversight problems which allowed millions of polluting VW cars to hit the road. The fine is one of the biggest ever penalties imposed by German authorities against a company.

  • Auto Stock Roundup: TSLA to Lay Off, GM & HMC to Collaborate on EV Batteries
    Zacks4 days ago

    Auto Stock Roundup: TSLA to Lay Off, GM & HMC to Collaborate on EV Batteries

    General Motors (GM) and Honda (HMC) ink a deal to develop batteries for EVs. Tesla (TSLA) to cut the workforce for becoming sustainably profitable without compromising on Model 3 sedan production goals.

  • Volkswagen (VLKAY) Faces $1.2B Fine for Emission Scandal
    Zacks4 days ago

    Volkswagen (VLKAY) Faces $1.2B Fine for Emission Scandal

    Volkswagen (VLKAY) to pay $1.18-billion fine over diesel emission scandal.

  • Germany Opens Doors to Mass Lawsuits Against Volkswagen
    Bloomberg4 days ago

    Germany Opens Doors to Mass Lawsuits Against Volkswagen

    Germany will allow interest groups to sue on behalf of consumers, taking a tentative step toward U.S.-style class-action lawsuits in a bid to make it easier to collect damages from big companies in the ...

  • Reuters - UK Focus4 days ago

    European shares open lower before ECB meeting

    European shares fell on Thursday in cautious trade after the U.S. Fed sounded slightly hawkish overnight and ahead of an ECB meeting in which the central bank will debate the end of its huge asset purchases. By 0715 GMT, the pan-European STOXX 600 index was down 0.6 percent, while Britain's FTSE was down 0.6 percent and Germany's DAX fell 0.5 percent. The European Central Bank will debate whether to end its huge asset purchases by year-end, in what would be its biggest step towards dismantling crisis-era stimulus credited with pulling the euro zone economy out of recession.

  • The Wall Street Journal4 days ago

    [$$] Volkswagen Fined $1.17 Billion in Germany in Emissions-Cheating Scandal

    BERLIN—German prosecutors Wednesday imposed a €1 billion ($1.17 billion) fine on Volkswagen AG in connection with its emissions-cheating scandal, describing the penalty as one of the highest ever levied on a German company. Volkswagen said it wouldn’t appeal the fine, for dereliction of management oversight, which could pave the way to the resolution of remaining criminal investigations in Europe. The fine, the first imposed against Volkswagen in Europe, comes nearly three years after the German auto maker admitted to rigging nearly 11 million diesel vehicles to cheat on emissions tests.

  • Volkswagen to Pay $1.2B Fine
    Bloomberg4 days ago

    Volkswagen to Pay $1.2B Fine

    Volkswagen will pay a $1.2 billion fine for cheating diesel-emission regulations #tictocnews https://bloom.bg/2y7VDgv (Source: Bloomberg)

  • Volkswagen fined €1.2bn over diesel emissions scandal
    Sky News4 days ago

    Volkswagen fined €1.2bn over diesel emissions scandal

    The emissions scandal that engulfed Volkswagen (IOB: 0P6N.IL - news) three years ago continues to dog the carmaking giant, as German authorities hit the group with a €1.2bn fine. Volkswagen has said that prosecutors in the German city of Braunschweig levied the £880m fine, saying the carmaker failed to properly oversee its engine development department's activities, resulting in about 10.7m diesel vehicles with illegal emissions-controlling software being sold worldwide. The firm said it hoped that paying the fine would have "positive effects on other official proceedings being conducted in Europe against Volkswagen" and its subsidiaries.

  • Reuters4 days ago

    Volkswagen fined 1 billion euros by German prosecutors over emissions cheating

    Volkswagen (VOWG_p.DE) was fined one billion euros ($1.18 billion) over diesel emissions cheating in what amounts to one of the highest ever fines imposed by German authorities against a company, public prosecutors said on Wednesday. The German fine follows a U.S. plea agreement from January 2017 when VW agreed to pay $4.3 billion to resolve criminal and civil penalties for installing illegal software in diesel engines to cheat strict U.S. anti-pollution tests. "Following thorough examination, Volkswagen AG accepted the fine and it will not lodge an appeal against it.

  • Volkswagen fined one billlion euros by German prosecutors over emissions cheating
    Reuters4 days ago

    Volkswagen fined one billlion euros by German prosecutors over emissions cheating

    Volkswagen (VOWG_p.DE) was fined one billion euros ($1.18 billion) over diesel emissions cheating in what amounts to one of the highest ever fines imposed by German authorities against a company, public prosecutors said on Wednesday. The German fine follows a U.S. plea agreement from January 2017 when VW agreed to pay $4.3 billion to resolve criminal and civil penalties for installing illegal software in diesel engines to cheat strict U.S. anti-pollution tests. "Following thorough examination, Volkswagen AG accepted the fine and it will not lodge an appeal against it.

  • Associated Press4 days ago

    Volkswagen to pay Vermont $6.5 million in emissions lawsuit

    The state of Vermont and people who bought certain Volkswagen diesel models that were rigged to cheat on emissions tests will be getting a total of $6.5 million from the automaker, Vermont Attorney General T.J. Donovan announced Wednesday. Under the terms of the settlement VW will pay Vermont consumers up to $1,000 for each qualifying VW, Audi and Porsche vehicle from the model years 2009 to 2016 sold or leased in the state. VW will also pay $3.6 million, minus expenses and administration, into the state's general fund.

  • Associated Press4 days ago

    Volkswagen fined $1.2 billion in Germany over diesel scandal

    BERLIN (AP) — Automaker Volkswagen said Wednesday that it's being fined 1 billion euros ($1.18 billion) by German authorities in connection with the diesel emissions scandal.

  • Volkswagen CEO says still trying to overcome diesel cheating scandal
    Reuters4 days ago

    Volkswagen CEO says still trying to overcome diesel cheating scandal

    BERLIN (Reuters) - Volkswagen's new Chief Executive Herbert Diess said the carmaker was still trying to overcome its emissions cheating scandal after German authorities ordered the Wolfsburg-based company ...

  • Reuters4 days ago

    Volkswagen CEO says still trying to overcome diesel cheating scandal

    Volkswagen's new Chief Executive Herbert Diess said the carmaker was still trying to overcome its emissions cheating scandal after German authorities ordered the Wolfsburg-based company to pay a 1 billion ...

  • Reuters4 days ago

    VW to give up to $1,000 payments to polluting diesel owners in Vermont, Arizona

    By David Shepardson WASHINGTON (Reuters) - Volkswagen AG (VOWG_p.DE) is paying owners of polluting diesel-powered vehicles up to $1,000 (749.5 pounds) in additional payments to settle state lawsuits in ...

  • VW Agrees to $1.2 Billion Fine as Diesel Crisis Grinds On
    Bloomberg4 days ago

    VW Agrees to $1.2 Billion Fine as Diesel Crisis Grinds On

    Volkswagen AG will pay a 1 billion-euro ($1.2 billion) fine imposed by German prosecutors for cheating to get around diesel-emissions regulations, closing one chapter in a three-year-old crisis even as new developments arise. The world’s biggest automaker accepts the fine and takes responsibility for its actions, Wolfsburg, Germany-based Volkswagen said in a regulatory filing on Wednesday after markets closed. “We work with vigor on dealing with our past,” Chief Executive Officer Herbert Diess said in a separate statement.

  • MarketWatch5 days ago

    Why trade wrangles won’t stop German auto stocks driving higher

    BMW and Volkswagen shares could gain between 29% and 35%, Barclays analysts sayAn employee of VW’s Audi business polishes a car at the company's plant in Ingolstadt, Germany. While trade-war fears are dragging on the sector, Barclays analysts have estimated the likely damage and staked out its limits. The distress ramped up after Düsseldorf-based magazine WirtschaftsWoche reported that President Donald Trump had threatened to bar German car makers from the U.S. The May 31 story cited unnamed U.S. and European diplomats familiar with an April discussion between the president and his French counterpart, Emmanuel Macron.

  • Why Volkswagen Stock Isn't Quite a Buy Yet
    Motley Fool5 days ago

    Why Volkswagen Stock Isn't Quite a Buy Yet

    German prosecutors investigating VW's diesel scandal now have a senior executive in their sights.

  • VW board to discuss prosecutors' probe into Audi CEO on Monday
    Reuters5 days ago

    VW board to discuss prosecutors' probe into Audi CEO on Monday

    HAMBURG/BERLIN (Reuters) - Volkswagen's (VOWG_p.DE) supervisory board will on Monday discuss German prosecutors' investigation into the head of its Audi brand, as the carmaker weighs up how to tackle the latest fallout from its 2015 emissions scandal, sources said. Munich prosecutors said on Monday Audi (NSUG.DE) Chief Executive Rupert Stadler and another member of Audi's top management were being investigated for suspected fraud and false advertising and had their apartments searched. Stadler has been under fire since Audi admitted in November 2015 - two months after Volkswagen - that it used illegal software to cheat U.S. emissions tests on diesel engines.

  • Reuters5 days ago

    VW board to discuss prosecutors' probe into Audi CEO on Monday

    HAMBURG/BERLIN (Reuters) - Volkswagen's (VOWG_p.DE) supervisory board will on Monday discuss German prosecutors' investigation into the head of its Audi brand, as the carmaker weighs up how to tackle the latest fallout from its 2015 emissions scandal, sources said. Munich prosecutors said on Monday Audi (NSUG.DE) Chief Executive Rupert Stadler and another member of Audi's top management were being investigated for suspected fraud and false advertising and had their apartments searched. Stadler has been under fire since Audi admitted in November 2015 - two months after Volkswagen - that it used illegal software to cheat U.S. emissions tests on diesel engines.

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