Previous Close | 172.95 |
Open | 175.85 |
Bid | 173.20 x N/A |
Ask | 173.30 x N/A |
Day's Range | 171.70 - 176.85 |
52 Week Range | 168.00 - 313.00 |
Volume | |
Avg. Volume | 43,283 |
Market Cap | 75.52B |
Beta (5Y Monthly) | 1.42 |
PE Ratio (TTM) | 4.87 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 7.50 (3.79%) |
Ex-Dividend Date | May 13, 2022 |
1y Target Est | N/A |
German carmaker Volkswagen will close one of two of its production sites in Russia, where it was assembling cars under contract with Russian GAZ Group, a trade union said, citing the company's message to the plant's staff. Volkswagen announced in March that production at its Kaluga and Nizhny Novgorod sites would be suspended until further notice amid Western sanctions, and vehicle exports to Russia would be stopped with immediate effect.
Elon Musk was laughing. Tesla, the entrepreneur’s electric car maker, had just delivered its first ever back-to-back quarterly profits and the ebullient chief executive was delighting in telling Wall Street just how he’d pulled it off.
The plant, which currently produces the Gol and Voyage models, employs around 3,200 workers and is starting a new production cycle after the implementation of Volkswagen's "MQB" modular design strategy. Volkswagen did not immediately reply to requests to comment on the matter. Last week, workers at Volkswagen's main Brazil plant in Great Sao Paulo's Sao Bernardo do Campo, accepted a wage decrease and a cut in working hours starting in July due to the lack of auto parts and electronic components.