Volkswagen AG (VWAGY)

OTCMKTS: VWAGY · Delayed Price · USD
13.70
-0.29 (-2.04%)
Sep 25, 2023, 9:37 AM EDT - Market open
Market Cap 68.68B
Revenue (ttm) 323.60B
Net Income (ttm) n/a
Shares Out 5.01B
EPS (ttm) 2.56
PE Ratio 5.36
Forward PE 0.81
Dividend $2.83 (20.68%)
Ex-Dividend Date May 11, 2023
Volume 184
Open 13.73
Previous Close 13.99
Day's Range 13.67 - 13.74
52-Week Range 12.81 - 19.97
Beta 1.25
Analysts n/a
Price Target n/a
Earnings Date n/a

About VWAGY

Volkswagen AG manufactures and sells automobiles in Germany, Europe, 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; and production and sale of passenger cars and light commercial vehicles, and related parts. The Commercial Vehicles segment develo... [Read more]

CEO Thomas Schafer
Employees 675,880
Stock Exchange OTCMKTS
Ticker Symbol VWAGY
Full Company Profile

Financial Performance

In 2022, Volkswagen AG's revenue was 279.23 billion, an increase of 11.60% compared to the previous year's 250.20 billion. Earnings were 15.26 billion, an increase of 2.49%.

Financial numbers in EUR Financial Statements

News

Tesla Is a Winner From the UAW Strike, But Not the Biggest. 2 Other Stocks to Watch.

The current strike will likely reset the domestic bar on labor costs.

Other symbols: TSLATM
3 days ago - Barrons

Volkswagen, Stellantis join calls for clarity on UK's 2030 petrol car ban

The British arms of Volkswagen and Stellantis called for clarity on regulation after reports that Britain was planning to delay a 2030 ban on new petrol and diesel car sales.

Other symbols: STLA
5 days ago - Reuters

Nio bond offering, Block exec. changeup, Volkswagen stock: What to watch for September 19, 2023

Stocks are trading in the red ahead of Instacart's (CART) IPO debut and the Federal Reserve's rate hike decision this week. Nio (NIO) shares fall as the company announced a $1 billion convertible bond...

Other symbols: NIOSQ
5 days ago - Yahoo Finance

Volkswagen's works council demands clarity on VW brand turnaround plan

Volkswagen's works council is demanding more information on a cost-cutting and efficiency drive being drawn up for the automaker's main passenger car brand, saying employees needed more transparency f...

6 days ago - Reuters

VW eyes job cuts at Zwickau plant on low e-car demand -dpa

Volkswagen is looking at reducing staff at its plant in the eastern German city of Zwickau due to low demand for electric cars, the dpa news agency reported on Wednesday.

12 days ago - Reuters

Seat massages, smartphones and driverless features: Automakers turn to tech to take on Tesla

Traditional automakers are looking to boost the software and driverless features of their cars in a bid to catch up to Tesla and appeal to Chinese consumers.

14 days ago - CNBC

Volkswagen CEO: We want to be among top three carmakers in China

Volkswagen CEO Oliver Blume said the German carmaker wants to maintain its position as the top international auto manufacturer and remain among the top three in the Chinese market as it transitions to...

19 days ago - Reuters

Chinese car companies are coming for Europe. VW and Mercedes should be nervous.

Chinese automakers have their sights set on world domination. That's bad news for European automakers like Volkswagen, Mercedes-Benz, and BMW.

Other symbols: MBGYY
19 days ago - Business Insider

Volkswagen offered temporary discounts in embattled Chinese market

Volkswagen has offered temporary discounts in China, the world's top auto market, where a cut-throat pricing war is raging, board member Ralf Brandstaetter said, adding this was due to savings efforts...

20 days ago - Reuters

Volkswagen's family ownership not behind share price trough - Wolfgang Porsche

Volkswagen's languishing share price, which is near a three-and-a-half year low, is not the result of ownership control by the Porsche and Piech families, one of its most powerful members said on Mond...

20 days ago - Reuters

Audi sees small 2023 sales lift ahead of big 2024 EV push- sales chief

Audi should see a small sales bump this year ahead of a much stronger year in 2024 for the Volkswagen unit as its long-awaited big electric vehicle push takes off, a top executive said on Monday at Mu...

21 days ago - Reuters

Volkswagen cuts hours at main Wolfsburg plant over parts shortage

Volkswagen is reducing work hours for employees at the German carmaker's main plant in Wolfsburg for three weeks in September due to a parts shortage caused by recent floods in Slovenia, a spokesperso...

21 days ago - Reuters

Volkswagen is ready for Europe's 2035 fossil-fuel car ban - CEO

Volkswagen is ready for Europe's planned 2035 ban on new sales of fossil-fuel cars as it ramps up its electric vehicle lineup, the carmaker's top executive said at Munich's IAA mobility show.

21 days ago - Reuters

Volkswagen CEO outlines plans to weather China, macroeconomic headwinds

Volkswagen CEO Oliver Blume speaks about the German carmaker's growth plans in China and the company's strategy to weather a tough economic environment.

21 days ago - CNBC International TV

Volkswagen has set up half of EV fast chargers planned until 2025

Volkswagen , Europe's largest carmaker, is making progress with the rollout of its network of electric vehicle fast chargers, the group's board member in charge of technology said on Monday.

21 days ago - Reuters

Volkswagen in 'advanced talks' with Mahindra on MEB platform

Volkswagen said on Monday that it is in advanced talks with India's Mahindra & Mahindra on the use of key electric components of the German carmaker's open platform for electric vehicles, called MEB.

21 days ago - Reuters

Volkswagen, Renault shares hit by rare 'sell' rating as Chinese competition grows

Shares in Europe's largest carmaker Volkswagen and its French rival Renault dropped sharply Friday after UBS analysts recommended investors dump the stocks, citing the growing threat to their business...

Other symbols: RNLSY
23 days ago - CNN Business

UBS says sell Volkswagen and Renault shares — China will crush them

That was the message from UBS analysts who downgraded shares of Renault SA RNO, -5.00% and Volkswagen AG VOW3, -3.70% VOW, -3.53% to sell from neutral, citing threats from China competition. Shares of...

Other symbols: RNLSY
24 days ago - Market Watch

Portugal's VW plant to halt production for nine weeks due to parts shortage

Volkswagen's Autoeuropa factory in Portugal will suspend production between Sept. 11 and Nov. 12 due to a shortage of auto parts from a Slovenian supplier affected by recent floods in the country, the...

24 days ago - Reuters

Volkswagen strikes direct supply deals for chips to avoid global shortage

Volkswagen has begun purchasing strategically important chips it believes will be in short supply globally directly from 10 manufacturers including NXP Semiconductors , Infineon Technologies and Renes...

4 weeks ago - Reuters

XPeng stock upgraded by BofA analyst on Volkswagen partnership

Yahoo Finance Live anchors Julie Hyman and Jared Blikre break down XPeng (XPEV) shares rising as the stock received an upgrade from Bank of America to "buy" from "neutral" at a $22 price target. The c...

Other symbols: XPEV
4 weeks ago - Yahoo Finance

Chinese EV maker Xpeng expects cost cuts, Volkswagen deal to narrow losses

Xpeng is attempting to revive its business this year, after its share price sank by more than 80% in 2022

Other symbols: XPEV
5 weeks ago - CNBC

Automakers promote advanced tech to compete in China — the world's top EV market

China is the world's largest EV market with 5.9 million units sold in 2022, capturing 59% of EVs sold globally, according to Canalys.

Other symbols: BMWYYBYDDFTMXPEV
7 weeks ago - CNBC

Volkswagen in talks with Leapmotor on tech cooperation for Jetta - media

Volkswagen is in talks with Chinese electric vehicle startup Zhejiang Leapmotor Technology about the possibility of cooperation for Volkswagen's Jetta brand, a Chinese media outlet reported on Wednesd...

7 weeks ago - Reuters

U.S. and Europe are finding that breaking up with China is hard to do

U.S. President Joe Biden's economic policies depart sharply from those of former President Donald Trump, but both share a commitment to limiting the risks of trade with China and an ambivalence toward...

Other symbols: JPMBMWYY
7 weeks ago - Market Watch