0P6N.IL - VOLKSWAGEN AG VOLKSWAGEN ORD SH

IOB - IOB Delayed price. Currency in EUR
144.77
+2.10 (+1.47%)
At close: 4:25PM BST
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Previous close142.68
Open145.85
Bid138.05 x 0
Ask151.50 x 0
Day's range144.25 - 147.05
52-week range131.20 - 167.85
Volume1,146
Avg. volume22,088
Market capN/A
Beta (3Y monthly)N/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
  • VW to intensify talks with Northvolt on battery project: Boersen-Zeitung
    Reutersyesterday

    VW to intensify talks with Northvolt on battery project: Boersen-Zeitung

    Volkswagen is intensifying talks with Swedish startup Northvolt on plans to jointly build up battery cell production in Salzgitter, near its headquarters in Lower Saxony, one of its board members told ...

  • Volkswagen to intensify talks with Northvolt on battery project - Boersen-Zeitung
    Reutersyesterday

    Volkswagen to intensify talks with Northvolt on battery project - Boersen-Zeitung

    FRANKFURT (Reuters) - Volkswagen is intensifying talks with Swedish startup Northvolt on plans to jointly build up battery cell production in Salzgitter, near its headquarters in Lower Saxony, one of its ...

  • U.S. senators urge Volkswagen to end delay in Tennessee union vote
    Reuters5 days ago

    U.S. senators urge Volkswagen to end delay in Tennessee union vote

    Three Democratic U.S. senators on Tuesday questioned a decision by Volkswagen AG's U.S. unit to delay a union election for workers at its Tennessee assembly plant. Earlier this month, the largest German automaker won its bid to put off a union vote for 1,700 workers at the Chattanooga plant until its challenge to a smaller United Auto Workers bargaining unit at the factory is settled. The National Labor Relations Board, in a 2-1 decision on May 3, granted Volkswagen's motion to stay an election petition filed by some of its workers last month.

  • Reuters5 days ago

    Factbox: Investments by automakers in the U.S. and China since Trump came to power

    China is also attracting much investment, with companies keen to increase their share of the world's largest car market and keep up with the country's push toward electric vehicles. Following are summaries of investments and restructuring efforts made by major automakers in the United States and China since 2017. Toyota Motor Corp has pledged to invest almost $13 billion in the United States between 2017 and 2021 to boost manufacturing capacity and jobs.

  • China's Hunger for Electric Vehicles Is Driving Manufacturing
    Bloomberg9 days ago

    China's Hunger for Electric Vehicles Is Driving Manufacturing

    The report looks at how this fleet will transform transportation as China’s 421,000 electric buses join those millions of personal EVs. As the expanding electric fleet drives electricity demand up, it will also erode demand for millions of barrels of oil. BloombergNEF tracks more than $100 billion in investment between just four automakers — Volkswagen AG, Hyundai Kia Automotive Group, Chongqing Changan Automobile Co Ltd. and Daimler AG — with VW alone planning more than $50 billion.

  • Reuters9 days ago

    Nissan, Ford, VW led 0.5% April European car sales slide

    PARIS (Reuters) - European car sales fell 0.5% in April, the main regional industry group said on Friday, led by sharper monthly declines for Nissan, Ford and Volkswagen. Registrations fell to 1.345 million ...

  • Barrons.com10 days ago

    Volkswagen Will Sell Shares of a Hidden Asset. General Motors Should Do the Same.

    Volkswagen is selling a portion of its heavy duty truck unit to outside investors. It is an attempt to unlock hidden value and improve the company’s valuation multiple. It is a good idea, one that U.S.-based auto makers should try.

  • Barrons.com11 days ago

    Volkswagen Stock Is Up Because the Trade War Won’t Make That Porsche You Wanted More Expensive

    European auto makers are trading higher because tariffs on European car imports could be delayed. There may be an announcement this weekend.

  • VW Cranks Up Electric-Car Plants to Overtake Tesla's Capacity
    Bloomberg12 days ago

    VW Cranks Up Electric-Car Plants to Overtake Tesla's Capacity

    (Bloomberg) -- In about a year, Volkswagen AG may catch up to Tesla Inc.’s capacity to make electric cars.

  • Volkswagen wins worker backing for restructuring with $1.1 billion battery plan
    Reuters12 days ago

    Volkswagen wins worker backing for restructuring with $1.1 billion battery plan

    Volkswagen workers backed a restructuring of the world's largest carmaker on Tuesday after Chief Executive Herbert Diess pledged to spend 1 billion euros ($1.1 billion) on a new battery cell production plant near its headquarters in Lower Saxony. Diess needs the support of Volkswagen's powerful unions as he attempts to slim down and simplify the German company, which has 12 brands spanning trucks, buses, motorbikes, cars and electric bicycles. VW's leadership has embraced a strategic shift towards e-mobility, which requires less manpower to produce cars, to help it shed the shadow of the diesel emissions test cheating scandal which damaged its finances and reputation.

  • Reuters12 days ago

    VW wins worker backing for restructuring with $1.1 billion battery plan

    Volkswagen workers backed a restructuring of the world's largest carmaker on Tuesday after Chief Executive Herbert Diess pledged to spend 1 billion euros ($1.1 billion) on a new battery cell production plant near its headquarters in Lower Saxony. Diess needs the support of Volkswagen's powerful unions as he attempts to slim down and simplify the German company, which has 12 brands spanning trucks, buses, motorbikes, cars and electric bicycles. VW's leadership has embraced a strategic shift towards e-mobility, which requires less manpower to produce cars, to help it shed the shadow of the diesel emissions test cheating scandal which damaged its finances and reputation.

  • Europe Giants Look Past Uber, Market Slump to Plan Mega IPOs
    Bloomberg12 days ago

    Europe Giants Look Past Uber, Market Slump to Plan Mega IPOs

    For Volkswagen AG, Thyssenkrupp AG and Anheuser-Busch InBev NV, those are no obstacles to planning massive IPOs. All three companies have announced stock offerings in the past week for businesses with valuations in the tens of billions of dollars. Executives are betting that the market turmoil will have calmed down, and investors will have forgotten Uber Technologies Inc.’s disastrous IPO, by the time they’re ready to price those sales.

  • Volkswagen to invest 1bn euros in battery production plant
    Associated Press12 days ago

    Volkswagen to invest 1bn euros in battery production plant

    BERLIN (AP) — Automaker Volkswagen AG says it is investing 1 billion euros ($1.12 billion) to set up a battery production plant in Germany.

  • Reuters12 days ago

    Volkswagen will use Traton proceeds to internationalise truck business - CEO

    BERLIN (Reuters) - Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to invest in the "internationalisation" of the division, Chief Executive Officier Herbert ...

  • Bloomberg12 days ago

    Welcome to Volkswagen, Where Nothing Makes Sense

    Now, as stock markets tumble on U.S.-China trade fears and big IPOs such as Uber Technologies Inc. and Lyft Inc. have flopped, VW says the time is right to restart the IPO process. A listing is expected before the summer vacation.

  • VW Shares Gain as Truck IPO Plan Stages a Surprise Comeback
    Bloomberg12 days ago

    VW Shares Gain as Truck IPO Plan Stages a Surprise Comeback

    While it didn’t explain the about-face, VW said it hopes to list the business -- which sells Scania, MAN, and VW-branded heavy trucks -- by its August break. “The most important point for us is that we’ve made the decision to IPO now,” Volkswagen trucks head Andreas Renschler said in an interview with Bloomberg Television on Tuesday. The company also plans to look for a sale, joint venture or partnership for its MAN Energy Solutions and Renk AG divisions, while moving forward with a program to manufacture batteries for electric cars.

  • Reuters12 days ago

    Volkswagen will use Traton proceeds to internationalize truck business: CEO

    Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to invest in the "internationalization" of the division, Chief Executive Officer Herbert Diess said on Tuesday. Volkswagen on Monday said it would press ahead with a listing of Traton before the 2019 summer break and would invest nearly 1 billion euros ($1.12 billion) in an electric vehicle battery cell plant in Europe. On the sidelines of VW's annual general meeting, Diess said no carmaker could manage the transition towards e-mobility on its own and that a charging infrastructure and political support was needed.

  • Reuters12 days ago

    Volkswagen wins worker backing for restructuring with 1 billion euros battery plan

    Volkswagen workers backed a restructuring of the world's largest carmaker on Tuesday after Chief Executive Herbert Diess pledged to spend 1 billion euros (868 million pounds) on a new battery cell production plant near its headquarters in Lower Saxony. Diess needs the support of Volkswagen's powerful unions as he attempts to slim down and simplify the German company, which has 12 brands spanning trucks, buses, motorbikes, cars and electric bicycles. VW's leadership has embraced a strategic shift towards e-mobility, which requires less manpower to produce cars, to help it shed the shadow of the diesel emissions test cheating scandal which damaged its finances and reputation.

  • Reuters12 days ago

    Volkswagen plans summer IPO of its Traton truck unit

    In March, Volkswagen put the IPO on hold, citing market uncertainty, stalling what was expected to be Germany’s biggest share offering this year. The automaker had previously said it could list up to 25% of Traton in a deal that was expected to raise between 5 billion and 6 billion euros.

  • Reuters12 days ago

    Volkswagen to make batteries in Germany, slim down

    Volkswagen will invest almost 1 billion euros ($1.1 billion) in battery cell production at a facility in western Germany and is seeking to simplify the group by spinning off or selling units, the automaker said on Monday. Volkswagen said in a statement after a supervisory board meeting it would set up the battery facility in Lower Saxony under a partnership and would also begin talks on a planned new multibrand plant in Europe. The statement confirms a Reuters report earlier on Monday, on the eve of the company's annual general meeting.

  • Reuters13 days ago

    Volkswagen resumes preparations for truck unit IPO

    Volkswagen said on Monday it would resume preparations for an initial public offering (IPO) of its trucks unit Traton, which it put on hold in March due to volatile market conditions. The automaker had previously said it could list up to 25 percent of Traton in a deal that was expected to raise up to 6 billion euros ($6.7 billion) in Germany's biggest share offering of the year. "Current market assessments have encouraged us to take today’s decision," Volkswagen finance chief Frank Witter said in a statement.

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