|Bid||136.34 x 0|
|Ask||0.00 x 0|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||1.37|
|PE ratio (TTM)||4.07|
|Forward dividend & yield||7.56 (5.53%)|
|Ex-dividend date||19 Dec 2022|
|1y target est||N/A|
Volkswagen is in talks with Taiwan's Foxconn about a partnership to build vehicles for the Scout brand, German autos publication Automobilwoche reported on Tuesday, citing Volkswagen company sources. Volkswagen said in May it planned to reintroduce the Scout off-road brand, creating a separate, independent company to build Scout trucks and SUVs starting in 2026 that will be designed, engineered, and manufactured in the United States for U.S. customers. Foxconn, best known for assembling Apple's iPhone, has expanded into building electric vehicles for auto brands, hoping for 5% market share in EV manufacturing by 2025.
Volkswagen announced this week that they are expecting sales in China to stay nearly steady on a year-over-year basis from 2021
Exports of the latest and more expensive luxury and specialist models drives growth in car production, with most heading overseas.