|Bid||198.25 x 0|
|Ask||198.45 x 0|
|Day's range||198.10 - 199.40|
|52-week range||163.25 - 298.60|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Volkswagen AG and Mahindra & Mahindra on Monday expanded their cooperation and signed a term sheet under which the German carmaker will supply electric components to its Indian peer. The agreement covers components of Volkswagen's open platform for electric vehicles (EVs), called MEB, to be supplied to Mahindra's new electric platform INGLO, the companies said.
Yahoo Finance's Pras Subramanian and Akiko Fujita discuss the adoption of electric vehicles in the first half of 2022 and what brands are benefiting most.
Volkswagen's controlling shareholder families aim to keep Europe's top carmaker on a shorter leash and want greater say over strategic matters in what marks a power play ahead of the planned listing of Porsche, people familiar with the matter say. The Porsche and Piech families, who control holding firm Porsche SE - which owns most of Volkswagen's voting rights - are hoping to return the group to calmer waters after a turbulent period under outgoing CEO Herbert Diess, they added. "They want to keep a closer eye on the implementation of the strategic guidelines," a person with knowledge of the families' thinking told Reuters.