Volkswagen AG (ETR: VOW3)

Germany flag Germany · Delayed Price · Currency is EUR
81.08
-0.68 (-0.83%)
Nov 21, 2024, 5:15 PM CET
-25.51%
Market Cap 41.72B
Revenue (ttm) 324.46B
Net Income (ttm) 12.26B
Shares Out 501.30M
EPS (ttm) 24.45
PE Ratio 3.34
Forward PE 3.36
Dividend 9.06 (11.08%)
Ex-Dividend Date May 30, 2024
Volume 539,185
Open 81.72
Previous Close 81.76
Day's Range 80.58 - 81.92
52-Week Range 80.58 - 128.60
Beta 1.23
Analysts n/a
Price Target n/a
Earnings Date Oct 30, 2024

About Volkswagen AG

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]

Founded 1937
Employees 684,025
Stock Exchange Deutsche Börse Xetra
Ticker Symbol VOW3
Full Company Profile

Financial Performance

In 2023, Volkswagen AG's revenue was 322.28 billion, an increase of 15.49% compared to the previous year's 279.05 billion. Earnings were 16.01 billion, an increase of 7.61%.

Financial Statements

News

Volkswagen workers offer to take pay cut as wage talks continue

As Volkswagen’s wage negotiations enter a third round, employees have offered to accept a wage cut, in return for guarantees from the company that it will not shut down German plants, and will protect...

7 hours ago - Euronews

Volkswagen enters third round of wage talks as strike action looms

Volkswagen management and worker representatives begin a third round of wage negotiations on Thursday, with just ten days left to find a solution before unions have threatened to escalate the fight wi...

11 hours ago - Reuters

Europe Car Sales Stagnate as Electric Vehicle Weakness Persists

Car sales in Europe are flatlining, leading manufacturers including Ford Motor Co. and Volkswagen AG to push for cost cuts in response to muted demand.

12 hours ago - BNN Bloomberg

Ford to slash 4,000 jobs in Europe as EV transition loses momentum

Peers including Volkswagen AG and Stellantis NV have issued profit warnings in recent months

1 day ago - Financial Post

The Unusual Power of VW's Union Boss Is Being Put to the Test

Daniela Cavallo faces the battle of her career as she fights what would be the first German factory closures in the automaker's history.

1 day ago - WSJ

IG Metall threatens historic labour battle if VW insists on plant closures

Workers are prepared to make concessions worth 1.5 billion euros ($1.58 billion) in ongoing negotiations with Volkswagen over cost cuts, warning of a far-reaching conflict if the carmaker insists on p...

1 day ago - Reuters

VW Labor Leaders Offer €1.5 Billion in Cuts Ahead of Talks

Labor leaders at Volkswagen AG offered €1.5 billion ($1.6 billion) in cost cuts as management pushes for broad savings to steady the beleaguered carmaker.

1 day ago - BNN Bloomberg

VW plans for factory closures cross several red lines, works council chief says

Volkswagen is planning to shut factories in every scenario presented to labour representatives, putting both factions on collision course in a dispute over pay and jobs, and raising the spectre of str...

1 day ago - Reuters

Exclusive: In high-wage Germany, VW's labour costs outstrip the competition

As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher proportion ...

1 day ago - Reuters

VW taps former Rivian exec to run US business

Volkswagen of America has a new CEO: Rivian’s recently departed chief commercial officer Kjell Gruner. The appointment comes just one week after VW parent company Volkswagen Group formalized a $5.8 bi...

1 day ago - TechCrunch

Head of Volkswagen’s North American division steps down

Pablo Di Si leaves carmaker ‘at own request’ to be replaced by Porsche veteran amid push to regain US market share

1 day ago - Financial Times

Volkswagen Chooses Rivian's Kjell Gruner to Lead U.S. Business

The German car maker said Gruner would take over as chief executive of Volkswagen’s America operations on Dec. 12.

2 days ago - The Wall Street Journal

Volkswagen Chooses Rivian's Kjell Gruner to Lead U.S. Business

The German car maker said Gruner would take over as chief executive of Volkswagen's America operations on Dec. 12.

2 days ago - WSJ

Rivian R2 Road Tour Heads To Detroit, Chicago, Los Angeles, And More

Rivian Automotive (NASDAQ: RIVN) has announced more stops on its R2 Road Tour to bring the R2, R3 and Gen 2 R1S and R1T vehicles to the public for test drives and demonstrations ahead of R2 productio...

2 days ago - Benzinga

Volkswagen appoints former Rivian executive as head of American business

Volkswagen appointed former Rivian executive Kjell Gruner as head of its American business Tuesday, as the automaker faces a choppy electric transition and ongoing negotiations with the United Auto Wo...

2 days ago - Reuters

Volkswagen Names Ex-Porsche, Rivian Exec as Americas Chief

Volkswagen AG said it’s replacing Pablo Di Si, the Argentine executive who had let its Americas business the past two years, with Kjell Gruner, the former head of the Porsche brand in North America wh...

2 days ago - BNN Bloomberg

‘A road trip like no other’: my epic drive on Kraftwerk’s Autobahn

Fifty years ago, the electronic pioneers released a 23-minute song about a road – and changed pop music for ever. Our writer hits the speed-limit-free highways of Düsseldorf and Hamburg in search of i...

2 days ago - The Guardian

Volkswagen’s hopes of US comeback shaken by Donald Trump’s re-election

Threat of tariffs and subsidy shake-up come as German carmaker faces weak American sales of its all-electric SUV

2 days ago - Financial Times

BYD to overtake Volkswagen ventures as China's top producer

HONG KONG — BYD (Build Your Dreams) is set to overtake perennial market leader Volkswagen as China's biggest carmaker in 2024 after outselling the German company's joint venture units in the first 10 ...

2 days ago - Bangkok Post

BYD to overtake Volkswagen ventures as China’s top producer amid surge in EV deliveries

BYD’s total deliveries have exceeded perennial leader Volkswagen’s volume this year through October.

3 days ago - South China Morning Post

From Herbie to Elvis, almost half of Gen Z drivers have given their car a nickname

I love hearing what people call their cars. We had a Herbie even though it wasnt a Volkswagen (from the famous movie of that name). It was a Morris Minor and it still evokes memories.

5 days ago - Independent Ireland

Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs

Goldman Sachs analyst Mark Delaney maintained a neutral rating on Rivian Automotive Inc. (NASDAQ: RIVN) and raised the price target from $10 to $12. Following the market close on November 12, 2024, R...

6 days ago - Benzinga

Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs

Goldman Sachs analyst Mark Delaney maintained a neutral rating on Rivian Automotive Inc. RIVN and raised the price target from $10 to $12.

6 days ago - Benzinga