|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||238.76 - 244.03|
|52-week range||144.25 - 299.96|
|Beta (5Y monthly)||1.44|
|PE ratio (TTM)||9.11|
|Forward dividend & yield||5.74 (2.39%)|
|Ex-dividend date||23 Jul 2021|
|1y target est||N/A|
FRANKFURT (Reuters) -Europe's largest carmaker Volkswagen on Thursday raised its profit margin target for the second time in less than three months, pointing to record earnings in the first half of 2021 that even blew past pre-pandemic levels. "We're keeping up our high pace, both operationally and strategically," Chief Executive Herbert Diess said in a statement, published only hours after the carmaker, along with partners, launched a bid for French-listed Europcar. "Our electric offensive is picking up momentum and we will keep on increasing its pace in the months to come," said Diess, who aims for Volkswagen to overtake Tesla as the world's largest electric vehicle player by 2025.
PARIS (Reuters) -A consortium led by Volkswagen has agreed with Europcar to launch a tender offer for the car rental company that values it at 2.9 billion euros ($3.4 billion) including debt, Europe's largest carmaker said on Wednesday. Volkswagen, which has teamed up with asset manager Attestor Limited and Dutch mobility group Pon Holdings BV for the deal, is proposing an offer price of 0.50 euro per share, it said in a statement. This could be topped up by a 0.01 euro per share supplement if 90% of shareholders take up the bid, Europcar said in a separate statement, adding that its board had recommended the offer.
(Bloomberg) -- QuantumScape Corp., the electric-vehicle battery company that went public last fall, said Tuesday it has advanced to testing 10-layer cells, a sign it’s on track in efforts to develop a commercially viable solid-state battery.QuantumScape, which counts Volkswagen AG as its biggest shareholder, is among a group of companies developing solid-state batteries, which could dramatically speed up EV adoption by providing a safer, cheaper alternative to current lithium-ion batteries. It h