|Day's Range||70.20 - 70.92|
|52 Week Range||65.64 - 78.21|
|PE Ratio (TTM)||6.71|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Volkswagen said cooperation among carmakers on technical issues is a common industry practice but declined comment on allegations that it engaged in anti-competitive conduct with other German carmakers. Volkswagen, Daimler, BMW, Audi and Porsche have faced a barrage of public criticism after a report by German magazine Der Spiegel last Friday said carmakers had colluded for decades on prices, technologies and the choice of suppliers to the detriment of foreign rivals.
France's Peugeot and Germany's Daimler posted record results on Wednesday, signalling that Europe's strengthening economic recovery is boosting manufacturing and raising expectations for car sales on the ...
Daimler may split parts of its business into separate legal entities in an overhaul, its Chief Executive Dieter Zetsche said, although the car and truck maker ruled out major divestments for now. News of Daimler's strategic review spurred speculation on Wednesday about a break-up of the maker of Mercedes-Benz cars, trucks, buses and vans as it seeks to fund multi-billion euro autonomous and electric car investments.