|Bid||0.00 x 20000|
|Ask||0.00 x 20000|
|Day's Range||208.00 - 218.20|
|52 Week Range||99.00 - 218.20|
|Beta (5Y Monthly)||1.44|
|PE Ratio (TTM)||12.11|
|Forward Dividend & Yield||4.80 (2.42%)|
|Ex-Dividend Date||Oct 01, 2020|
|1y Target Est||198.20|
Porsche and the Volkswagen Group would consider entering Formula One if the next engine regulations due to be introduced in 2025 promote sustainable fuels, the BBC reported on Wednesday. The broadcaster quoted Porsche Motorsport vice-president Fritz Enzinger as saying it would be "of great interest if aspects of sustainability -- for instance, the implementation of e-fuels" played a role. "Should these aspects be confirmed, we will evaluate them in detail within the VW Group and discuss further steps," he said.
Shareholders in leading U.S. truck maker (NAV)have approved the takeover from (8TRA) A long time coming, investor clearance for the acquisition paves the way for the German trucking giant to speed into the U.S. market at a deal that prices Navistar shares higher than they have been in more than three years. Investors cheered the approval, with Traton stock climbing 2.5% higher and shares in (VOW3) which owns the majority of Traton, surging near 5%. Traton, a spinoff of Volkswagen that went public in 2019, already owns 17% of Navistar.
When the market value of Germany's Volkswagen briefly rose above the 100-billion-euro mark on Wednesday for the first time since 2015, the boss of the normally staid carmaker took to Twitter, Elon Musk-style, to crow about it. VW shares soared as much as 6% after investment bank UBS raised its price target on the stock by 50% and said the company's new electric vehicle platform was set to challenge Tesla's dominance in the battery electric vehicle (BEV) market. Herbert Diess, chief executive of VW Group, highlighted the UBS note on Twitter and shared the market capitalisation milestone.