Volkswagen AG (VWAGY)

OTCMKTS: VWAGY · Delayed Price · USD
11.93
-0.10 (-0.83%)
Jul 2, 2024, 3:59 PM EDT - Market closed
Market Cap 58.59B
Revenue (ttm) 345.09B
Net Income (ttm) 16.83B
Shares Out 4.91B
EPS (ttm) 12.22
PE Ratio 3.74
Forward PE 4.45
Dividend $1.05 (8.77%)
Ex-Dividend Date May 31, 2024
Volume 48,036
Open 11.91
Previous Close 12.03
Day's Range n/a
52-Week Range 11.16 - 17.35
Beta 1.25
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

EV maker Rivian denies media report on production talks with VW

Rivian denied a media report on Tuesday that said the U.S. electric vehicle company was in early talks with Volkswagen to extend their partnership beyond a recently announced software joint venture.

Other symbols: RIVN
4 hours ago - Reuters

Porsche Cars Canada appoints new head of After Sales

Matthias Wacker takes on the role as Director, After Sales effective July 1, 2024 Matthias Wacker takes on the role as Director, After Sales effective July 1, 2024

12 hours ago - GlobeNewsWire

What's Next for US EV Makers After $5B Rivian-Volkswagen Deal?

The partnership announced Tuesday between Rivian (RIVN) and Volkswagen (VWAGY) may set the path forward for traditional automakers and EV companies as the market for electric vehicles (EVs) continues ...

Other symbols: RIVN
5 days ago - Investopedia

Porsche earns top spot among luxury brands for new vehicle quality in J.D. Power 2024 U.S. Initial Quality Study

Atlanta, June 27, 2024 (GLOBE NEWSWIRE) -- Porsche has earned the number one ranking in the luxury segment in the J.D. Power 2024 U.S. Initial Quality Study (IQS), released Thursday.

5 days ago - GlobeNewsWire

John Cappella appointed as Executive Vice President and Chief Operating Officer at Porsche Cars North America

John Cappella succeeds Joe Lawrence to lead operations at Porsche Cars North America John Cappella succeeds Joe Lawrence to lead operations at Porsche Cars North America

5 days ago - GlobeNewsWire

Carmakers SAIC and Volkswagen sign energy technology cooperation agreements

China's SAIC Motor and German carmaker Volkswagen have signed several energy technology cooperation agreements related to their SAIC Volkswagen joint venture in China.

5 days ago - Reuters

Focus: Cloaked Audis, covert CEO meeting: how VW's $5 bln Rivian bet transpired

A few camouflaged Audis arrived secretly from Germany early this year at a facility of electric vehicle (EV) maker Rivian in California, where some 30 engineers stripped the electronics and fitted the...

Other symbols: RIVN
5 days ago - Reuters

Rivian stock price soars after Volkswagen announces $5 billion investment in the EV maker

Shares of electric vehicle maker Rivian Automotive (ticker: RIVN) are soaring, with the stock up more than 40% in premarket trading as of the time of this writing. The reason for the stock surge?

Other symbols: RIVN
6 days ago - Fast Company

Dan Ives on Rivian's (RIVN) Big Win Investment from Volkswagen

Volkswagen is planning to make a $5B investment into E.V. manufacturer Rivian (RIVN).

Other symbols: RIVN
6 days ago - Schwab Network

Rivian Soars on Volkswagen's $5 Billion Investment

Rivian shares surged in its biggest intraday rise since November 2021 on Wednesday after Volkswagen said it plans to establish a joint venture and invest up to $5 billion until 2026 in the electric-ca...

Other symbols: RIVN
6 days ago - Bloomberg Technology

Volkswagen, Rivian announce joint venture to create EV tech

Shares of Rivian (RIVN) surged on Wednesday following Volkswagen's (VOW3.DE) announcement of a $5 billion investment in the electric vehicle manufacturer. The automakers' joint venture will primarily ...

Other symbols: RIVN
6 days ago - Yahoo Finance

Volkswagen's Rivian Investment 'De-Risks' Future Growth Plans But 'Funding Isn't Free': 7 Analysts Size Up JV News Against 'Challenging Backdrop For EVs'

Shares of Rivian Automotive RIVN are trading higher Wednesday on the heels of an announced $5-billion investment by Volkswagen AG VWAGY.

Other symbols: RIVN
6 days ago - Benzinga

Rivian (RIVN) Gets $1B Investment from Volkswagen

Rivian (RIVN) shares soar after a $1B investment from Volkswagen. This is expected to allow both companies to combine their strengths and lower the cost per vehicle.

Other symbols: RIVN
6 days ago - Schwab Network

Explainer: What's behind Volkswagen's $5 bln EV software bet on Rivian?

Volkswagen , Europe's biggest carmaker, plans to spend as much as $5 billion on an electric vehicle (EV) software partnership with U.S.-based Rivian.

Other symbols: RIVN
6 days ago - Reuters

Rivian's Lifeline Is a $5 Billion Gamble for Volkswagen

Rivian gets the thing it needs most out of its deal with Volkswagen: cash. What Volkswagen VOW3 -2.58%decrease; red down pointing triangle receives in exchange is less clear-cut.

Other symbols: RIVN
6 days ago - WSJ

VW-Rivian EV Partnership Can Be a Gamechanger, Says Dan Ives

Dan Ives, senior equity analyst at Wedbush Securities, says Volkswagen's plans to establish a joint venture and invest up to $5b in Rivian Automotive is “the start of a broader partnership” and a “hug...

Other symbols: RIVN
6 days ago - Bloomberg Markets and Finance

Rivian Automotive ($RIVN) and Volkswagen Announce Joint Venture to Develop Next-Generation EV Tech

Rivian Automotive (NASDAQ: RIVN), a leading electric vehicle manufacturer, and Volkswagen have announced a joint venture to develop next-generation electrical architecture and software technology. Thi...

Other symbols: RIVN
6 days ago - Green Stock News

Rivian's VW partnership seen as ‘game changer' for the company's prospects

Rivian Automotive Inc. drew praise from at least two analysts on Wednesday as its stock rallied in premarket trades on the electric vehicle maker's joint venture with German care giant Volkswagen.

Other symbols: RIVN
6 days ago - Market Watch

Rivian investment a ‘catch-up move' for Volkswagen that could take years to pay off, GlobalData's Mewawalla says

Volkswagen's $5 billion investment in electrical vehicle startup Rivian is a “catch-up move” for the German auto maker, according to Cyrus Mewawalla, head of thematic intelligence at GlobalData. Howev...

Other symbols: RIVN
6 days ago - CNBC

Rewards of Volkswagen's Rivian deal won't be felt for years: analyst

Cyrus Mewawalla, head of thematic intelligence at GlobalData, says Volkswagen's partnership with Rivian is a step in the right direction, but it will take a long time to pull off.

Other symbols: RIVN
6 days ago - CNBC International TV

Higgins: Volkswagen's investment in Rivian offers a new chance at sustainability and growth

Tim Higgins, Columnist at the Wall Street Journal, discusses Volkswagen's new $5 billion investment in Rivian.

Other symbols: RIVN
6 days ago - CNBC Television

Rivian jumps on Volkswagen's $5 billion 'vote of confidence' investment

Rivian Automotive surged 36% premarket on Wednesday after a $5 billion investment from Volkswagen offered the loss-making startup more firepower to scale production in a slowing electric-vehicle marke...

Other symbols: RIVN
6 days ago - Reuters

Volkswagen to recall over 271,000 U.S. vehicles citing deactivated airbags

Volkswagen is recalling over 271,000 vehicles in the U.S. due to deactivated front passenger air bags when the seat is occupied, the U.S. National Highway Traffic Safety Administration said on Wednesd...

6 days ago - Reuters

Rivian Stock Is Up 50% on VW Deal. Should Ford Have Seller's Remorse?

The EV maker has added about $6 billion in market value since announcing its partnership with Volkswagen.

Other symbols: FRIVN
6 days ago - Barrons

VW shares slip on plan to spend up to $5 billion in Rivian deal

Volkswagen shares declined after the German automaker announced a joint venture with Rivian Automotive to develop vehicle software, evidence of the moves the company is making to bolster its technolog...

Other symbols: RIVN
6 days ago - Market Watch