|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||19.40 - 19.90|
|52 Week Range||19.40 - 38.35|
|Beta (5Y Monthly)||1.42|
|PE Ratio (TTM)||4.90|
|Forward Dividend & Yield||0.82 (4.08%)|
|Ex-Dividend Date||May 13, 2022|
|1y Target Est||27.15|
Germany's Volkswagen AG is exploring a partnership to supply electric components to Indian automaker Mahindra and Mahindra, the companies said on Thursday. Volkswagen and Mahindra are evaluating the scope of the collaboration and expect to finalise the supply agreement by the end of 2022, they said. Mahindra is building a ground-up electric vehicle (EV) platform called "Born Electric", in which it plans to use components such as electric motors, battery system parts and battery cells sourced from Volkswagen.
If you find the right blue-chip stocks to buy, they can become great long-term investments. Volkswagen (VWAGY): The major automaker has suffered from sluggish car deliveries, but its transformation plan is expected to improve its cost structure. Glencore (GLNCY): The commodity specialist trades at a discount compared to its book value and should continue to benefit from tight commodity markets. Stellantis (STLA): The major automaker delivers a high dividend and has a strong upside potential acco
Volkswagen has big plans for the revived Scout electric pick-up and SUV, but dealerships in the U.S. might be feeling a little left out. After the announcement Arno Antlitz, CFO Volkswagen AG said "the company we will establish this year will be a separate unit and brand within the Volkswagen Group to be managed independently." This is something that has reportedly upset many of the more than 600 Volkswagen dealers in the U.S. who are concerned that the company may sell the Scout directly to consumers.