VOW3.DE - Volkswagen AG

XETRA - XETRA Delayed Price. Currency in EUR
143.92
-3.72 (-2.52%)
At close: 5:35PM CET
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Previous Close147.64
Open149.24
Bid0.00 x 207000
Ask0.00 x 63200
Day's Range142.60 - 150.12
52 Week Range131.44 - 192.46
Volume1,932,846
Avg. Volume1,407,333
Market Cap71.14B
Beta (3Y Monthly)1.50
PE Ratio (TTM)5.50
EPS (TTM)26.19
Earnings DateMar 14, 2016 - Mar 18, 2016
Forward Dividend & Yield3.96 (2.71%)
Ex-Dividend Date2018-05-04
1y Target Est198.08
  • VW board backs plan to storm the market with millions of electric cars
    Autoblog12 hours ago

    VW board backs plan to storm the market with millions of electric cars

    Volkswagen says it will invest $50 billion in developing autonomous and electric cars and expand the appeal of battery-powered cars by selling its upcoming I.D. compact for about what a diesel-powered Golf costs. Poetsch says the company is in talks with Ford about possible cooperation in making light commercial vehicles. Volkswagen is converting three of its German plants from internal combustion to battery car production as it pivots away from diesel vehicles in the wake of its emissions scandal.

  • The Wall Street Journal1 hour ago

    Volkswagen to Pour Billions Into Electric Cars

    BERLIN—Volkswagen AG will invest nearly $150 billion over the next five years, with about one-third earmarked for the development of electric cars, self-driving vehicles and digital services, as the German auto maker responds to growing competition from Silicon Valley. The new budget from Volkswagen—traditionally one of the biggest spenders in the global auto industry—underscores the challenge posed by the technology sector, as electric vehicles are set to go mainstream and self-driving cars are on the verge of hitting the streets. Volkswagen Chief Executive Herbert Diess said talks with Ford Motor Co. regarding an alliance on producing light trucks could be concluded by the end of 2018.

  • VW wants to storm car market with cheaper electric model
    Associated Press7 hours ago

    VW wants to storm car market with cheaper electric model

    Volkswagen intends to invest 44 billion euros ($50 billion) in the electric and autonomous car technologies expected to reshape the industry — and said it would make battery-powered vehicles more accessible to mass-market auto buyers by selling its new I.D. compact for about what a Golf diesel costs. The investment plans for the next five years aim to make Volkswagen "a worldwide supplier of sustainable mobility," Chairman Hans Dieter Poetsch said Friday. Established automakers as well as several U.S. startups are rolling out electric models to compete with Tesla , currently the market leader.

  • Reuters9 hours ago

    VW embarks on $50 billion electrification plan

    Volkswagen (VOWG_p.DE) expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday. VW will spend almost 44 billion euros ($50 billion) on developing electric cars, autonomous driving and new mobility services by 2023 and explore further areas of cooperation with U.S. automaker Ford. Diess said he hoped to have an outline agreement on cooperation with Ford fleshed out by the end of the year, with the initial focus on commercial vehicles.

  • Brexit, Italy, trade: Risks piling up for Europe's economy
    Associated Press9 hours ago

    Brexit, Italy, trade: Risks piling up for Europe's economy

    Europe's five-year economic expansion is facing a mid-life crisis as it copes with potential debt troubles in Italy, a U.S.-China trade war and the risk of a disorderly British exit from the European Union. The danger is that if the Italian government persists in running larger deficits, its borrowing costs rise to unsustainable levels and the country is unable to roll over its debt at an affordable interest rate.

  • Ride-Hailing App Gett Courts Buyers
    Bloomberg9 hours ago

    Ride-Hailing App Gett Courts Buyers

    Gett may sell its entire business or offload regional operations outside of its home market, said two of the people. Deliberations are preliminary and there’s no guarantee Gett will go ahead with a sale or initial public offering, the people said. “As Gett is on a clear path towards profitability globally, including the U.S.,” in the first half of 2019 “it should not be surprising that Gett may receive inbound inquiries from strategic partners,” a spokesman for Gett said.

  • VW to Spend $50 Billion on New Tech to Take On Rivals
    Bloomberg11 hours ago

    VW to Spend $50 Billion on New Tech to Take On Rivals

    Volkswagen said it now plans more than 50 fully-electric models on the road by 2025, more than any other manufacturer. The push, including next year’s Porsche Taycan, is part of keeping old rivals and new competitors like Tesla Inc. and Uber Technologies Inc. at bay. Volkswagen is aiming “to speed up the pace of innovation,” said Chief Executive Officer Herbert Diess, signing off on his first planning round.

  • VW embarks on $50 billion electrification plan
    Reuters11 hours ago

    VW embarks on $50 billion electrification plan

    Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday. VW will spend almost 44 billion euros ($50 billion) on developing electric cars, autonomous driving and new mobility services by 2023 and explore further areas of cooperation with U.S. automaker Ford. Diess said he hoped to have an outline agreement on cooperation with Ford fleshed out by the end of the year, with the initial focus on commercial vehicles.

  • Reuters11 hours ago

    VW embarks on $50 bln electrification plan

    Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday. VW will spend almost 44 billion euros ($50 billion) on developing electric cars, autonomous driving and new mobility services by 2023 and explore further areas of cooperation with U.S. automaker Ford.

  • Reuters11 hours ago

    Volkswagen expects to be the most profitable maker of electric cars

    WOLFSBURG, Germany (Reuters) - Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess on Friday said he expected the multi-brand carmaking group to be the most profitable manufacturer of electric cars thanks ...

  • Reuters11 hours ago

    Volkswagen expects to be the most profitable maker of electric cars

    Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess on Friday said he expected the multi-brand carmaking group to be the most profitable manufacturer of electric cars thanks to economies of scale. Diess further said the management board would make a strategic decision about the future of its autonomous driving program in the first quarter of next year. Ford and Volkwagen are in talks about potential cooperation in several areas, including on how to share the cost of developing autonomous cars, Diess said.

  • CNBC12 hours ago

    VW wants to be the most profitable electric car company in the world

    Volkswagen said it will spend 44 billion euros on electric cars, digitalization, autonomous driving and new mobility services by 2023. The auto maker also plans to increase productivity of its factories by 30 percent by 2025. Volkswagen VOW3-DE announced it's to spend 44 billion euros ($50 billion) on new plants, electric cars, autonomous driving and mobility services.

  • Reuters13 hours ago

    VW says could build up to 15 mln electric cars

    Volkswagen could build up to 15 million electric cars over several years on its new electric vehicle production platform, the company said on Friday, adding that its Chief Executive Herbert Diess had misspoken in an interview on Monday. Automotive News on Monday quoted Diess as saying that VW could build 50 million electric vehicles globally across its brands, beginning in 2020, and had battery sourcing agreements for them. A spokesman on Friday said that the figure, which referred to a theoretical long-term goal for the MEB electric car manufacturing platform, was overstated.

  • Reuters16 hours ago

    Volkswagen CEO to take responsibility for China business - source

    Volkswagen chief executive (VOWG_p.DE) Herbert Diess will take on responsibility for the carmaker's business in China, a source said as VW's supervisory board met in Wolfsburg on Friday. Diess will take over the China role early next year from Jochem Heizmann, who will retire, the source told Reuters. "The Chinese government expects that company leadership is routinely present in China," the source added.