Volkswagen AG (VWAGY)

OTCMKTS: VWAGY · Delayed Price · USD
15.21
+0.13 (0.85%)
May 17, 2024, 3:59 PM EDT - Market closed
Market Cap 72.34B
Revenue (ttm) 349.83B
Net Income (ttm) 17.06B
Shares Out 4.76B
EPS (ttm) 12.39
PE Ratio 1.23
Forward PE 0.77
Dividend $0.64 (4.21%)
Ex-Dividend Date May 31, 2024
Volume 97,134
Open 15.10
Previous Close 15.09
Day's Range 15.09 - 15.28
52-Week Range 11.16 - 17.53
Beta 1.26
Analysts n/a
Price Target n/a
Earnings Date n/a

About VWAGY

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles. The ... [Read more]

CEO Thomas Schafer
Employees 656,134
Stock Exchange OTCMKTS
Ticker Symbol VWAGY
Full Company Profile

Financial Performance

In 2023, Volkswagen AG's revenue was 322.28 billion, an increase of 15.42% compared to the previous year's 279.23 billion. Earnings were 16.60 billion, an increase of 7.39%.

Financial numbers in EUR Financial Statements

News

Exclusive: VW and Renault end talks to develop affordable EV, sources say

Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car, two sources familiar with the situation said, in a setback for the EU carmakers'...

Other symbols: RNLSY
1 day ago - Reuters

Volkswagen reaches $54 million 'dieselgate' settlement with Italian owners

Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the "dieselgate" emissions scandal, they sai...

3 days ago - Reuters

Volkswagen explores stock sale in truckmaker Traton, Bloomberg reports

Volkswagen is exploring the sale of as much as 1 billion euros ($1.08 billion) worth of stock in its heavy truckmaking arm Traton SE , Bloomberg News reported on Monday, citing people familiar with th...

5 days ago - Reuters

Volkswagen Group CEO Pablo Di Si: EV segment is slowing down

Pablo Di Si, Volkswagen Group CEO, joins CNBC's ‘Power Lunch' to discuss electrical vehicles sales in the US and Europe, consumer infrastructure, renewable energy, and more.

12 days ago - CNBC Television

Volkswagen Accepts Union's Landslide Victory At Tennessee Plant

The automaker and the UAW said that they plan to start bargaining a first contract following the union's historic win.

18 days ago - Huffington Post

Europe's automakers off to a weak start for 2024, with EV sales a problem for some

Shares of three of Europe's biggest automakers were dropping on Tuesday after respective results that broadly showed a slow start to 2024, with sales slow for newer models and electric vehicles for so...

Other symbols: STLA
18 days ago - Market Watch

Volkswagen profit drops 20% in first quarter on lower sales

German carmaker Volkswagen on Tuesday said its operating profit dropped by 20% in the first quarter of 2024 compared to the the same period a year earlier.

18 days ago - CNBC

Volkswagen Hit by Drop in Car Sales But Confirms Outlook

Volkswagen posted lower sales revenue and profit margins in the first quarter on fewer vehicle sales and higher costs, but backed its full-year outlook.

18 days ago - WSJ

Volkswagen reports 20% profit drop on lower volumes, higher costs in Q1

Europe's top automaker Volkswagen on Tuesday reported a 20% drop in first-quarter operating profit weighed by lower sales volumes and higher costs.

18 days ago - Reuters

Porsche AG posts Q1 profit drop on ramp-up costs

Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history.

22 days ago - Reuters

Continental fined 100 million euros for role in VW emissions scandal

Continental accepted a fine of 100 million euros ($107 million) from a German prosecutor's office for its role in the Volkswagen emissions-cheating scandal of 2015.

23 days ago - Market Watch

Volkswagen aims to keep China market share stable as price war rages

Volkswagen aims to keep its market share in China roughly stable until the end of the decade, the head of its China business said, betting heavy investment there will support sales despite a raging pr...

24 days ago - Reuters

UAW moving quickly after VW organizing win, union president says

United Auto Workers (UAW) President Shawn Fain is moving quickly in the union's sweeping organizing push at U.S. plants across more than a dozen automakers after clinching an historic victory at a Vol...

25 days ago - Reuters

Volkswagen holds keys to Porsche's race against Ferrari

Porsche AG's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to take a step back, giving the German sports car maker mor...

Other symbols: RACE
25 days ago - Reuters

Tennessee's Republican governor says Volkswagen plant workers made ‘a mistake' in UAW union vote

GALLATIN, Tenn. — Tennessee Republican Gov. Bill Lee said Monday that he thinks workers at a Volkswagen plant in Chattanooga made “a mistake” by voting to unionize under the United Auto Workers in a l...

26 days ago - Market Watch

UAW victory at Volkswagen in Tennessee a watershed moment for unions: Autoblog editor in chief

Volkswagen (VWAGY) workers at the automaker's Chattanooga, Tennessee plant voted in favor of joining the United Auto Workers (UAW) labor union. On Market Domination, Autoblog Editor-in-Chief Greg Migl...

26 days ago - Yahoo Finance

What investors should know about the UAW's organizing drive of VW

The historic vote could have wide-ranging impacts on other automakers, organized labor and the overall U.S. automotive industry.

26 days ago - CNBC

Volkswagen ‘the first domino to fall' after union vote, says UAW president

Shawn Fain tells the Guardian he expects ‘more of the same to come' after celebrating union's historic victory at Tennessee plant

26 days ago - The Guardian

VW Works Closely With Unions in Germany, but UAW May Be Less Cuddly

Organizers are raring for “the real fight” after their win in Chattanooga, signaling a more adversarial dynamic than the automaker has known back at home.

26 days ago - WSJ

Could the Union Victory at VW Set Off a Wave?

Some experts say the outcome at a plant in Chattanooga, Tenn., may be organized labor's most significant advance in decades.

4 weeks ago - NYTimes

After VW plant victory, UAW sets its sights on Mercedes in Alabama

The United Auto Workers has made history by winning its first unionization vote at an auto factory in the U.S. South. Now it needs to prove the success wasn't a fluke by pulling off a second victory a...

4 weeks ago - Reuters

In historic election, Volkswagen workers in Tennessee vote to unionize

Volkswagen workers in Tennessee voted decisively to become a union shop, according to election results released Friday, marking the first victory for organized labor at a foreign-owned auto plant in t...

4 weeks ago - TechXplore

VW Workers in Tennessee Vote for Union

The Volkswagen plant in Chattanooga is set to become the first unionized auto factory in the South not owned by one of Detroit's Big Three.

4 weeks ago - NYTimes

VW Workers Vote to Join UAW in Historic Southern Win for Union

The victory at the Tennessee factory helped the union toward its goal of reversing declining membership by organizing foreign-owned factories.

4 weeks ago - WSJ

VW workers in Tennessee vote to join UAW in historic win for Detroit union

Volkswagen workers in Tennessee have voted in favor of the United Auto Workers — marking the union's first successful organizing drive of a foreign automaker.

4 weeks ago - CNBC