Previous close | 119.45 |
Open | 118.05 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 118.00 - 118.35 |
52-week range | 99.00 - 131.50 |
Volume | |
Avg. volume | 69 |
Market cap | 64.99B |
Beta (5Y monthly) | 1.26 |
PE ratio (TTM) | 3.94 |
EPS (TTM) | 30.04 |
Earnings date | 01 Aug 2024 |
Forward dividend & yield | 9.06 (7.66%) |
Ex-dividend date | 30 May 2024 |
1y target est | N/A |
After a splashy New York City debut only one year ago, Volkswagen is reversing course and now says its ID.7 EV sedan isn’t coming to North America — at least for now.
The Chinese government threatened retaliatory tariffs on imports of European Union and US-made vehicles following the EU’s move to investigate Chinese EV subsidies and the White House’s tariff escalation on Chinese-made goods.
It was slated to be rolled out in the U.S. and Canada later this year. Global automakers including Ford, General Motors and Mercedes are rethinking their EV plans as the sector struggles with slowing demand. Earlier this year, Volkswagen told Reuters that it was sticking with its plans to launch 25 EVs in North America by 2030, but was ready to adjust as the market shifts.