VWAGY - Volkswagen AG

Other OTC - Other OTC Delayed Price. Currency in USD
17.15
+0.63 (+3.81%)
At close: 3:56PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close16.52
Open16.90
Bid0.00 x 0
Ask0.00 x 0
Day's Range16.82 - 17.15
52 Week Range10.60 - 20.35
Volume125,725
Avg. Volume249,804
Market Cap85.3B
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est16.65
  • Reuters

    GM to work closely with CATL in its China EV push - executive

    General Motors will "work very closely" with Chinese electric vehicle battery maker Contemporary Amperex Technology Ltd (CATL) as it ramps up electric production in the world's biggest auto market, a senior executive said. The Detroit automaker said in March it would invest $20 billion by 2025 in electric and automated vehicles as it races to catch up with Elon Musk's Tesla Inc in the sector. "We have already established a good working relationship and supply agreement with CATL," said Julian Blissett, GM's China president.

  • MarketWatch

    U.K. car sales plunge 89% in May

    U.K. car sales fell 89% in May compared to the prior year period, according to the Society of Motor Manufacturers & Traders. According to the SMMT, 20,247 cars were registered in the month, as "click and collect" services, allowed from mid-month, saw some movement in the market. Car dealerships were permitted to reopen on June 1. The Tesla Model 3 was the top selling vehicle with 852 sales, the second month in a row Tesla came on top. For the year, the Ford Fiesta is the top selling vehicle.

  • Reuters

    German auto stimulus to boost VW's electric push

    Germany unveiled sweeping incentives for cheap electric cars and for hybrid vehicles, providing a boost to Volkswagen's electric push while staggered taxes for polluting combustion-engined cars will penalise sports utility vehicles. Buyer incentives for passenger cars, including a lowering of value added tax to 16% from 19% were included as part of a 130 billion euro ($145.74 billion) stimulus package to speed up Germany's recovery from the coronavirus. In addition to a staggered tax on vehicles emitting large amounts of carbon dioxide (CO2), hitting sports utility vehicles, Germany included a 6,000 euro incentive for battery electric cars costing below 40,000 euros.

  • Reuters

    European shares inch lower ahead of ECB meeting, carmakers drag

    A European stock market rally paused on Thursday, with investors focussing on a European Central Bank meeting where policymakers are expected to provide more aid for the battered euro zone economy. The pan-European STOXX 600 index slipped 0.5% by 0708 GMT, but held near its early March highs, while eurozone stocks were down 0.6%. Equity markets have bounced strongly this week, with Wall Street's tech-heavy Nasdaq nearing record levels as signs of recovery from a coronavirus-forced recession, optimism over a COVID-19 vaccine and hopes of more stimulus boosted risk appetite.

  • Volkswagen to Pump $2.3B Into China EVs, Closes Argo AI Deal
    Zacks

    Volkswagen to Pump $2.3B Into China EVs, Closes Argo AI Deal

    Volkswagen (VWAGY) is set to invest $2.3 billion in two China-based EV players. Further, it revs up AV drive by closing $2.6-billion investment in Argo AI.

  • Reuters

    GLOBAL MARKETS-Asian stocks set to gain as stimulus hopes support risk appetite

    Asian stocks were poised to follow the global rally on Wednesday as hopes of more government stimulus bolstered riskier assets and overshadowed a host of other worries from the coronavirus to Hong Kong and growing U.S. civil unrest. Gold is still up more than 18% from a low of $1,450.98 in March because of the economic damage from the pandemic and the massive amounts of money coming from central banks.

  • Daily Crunch: Facebook employees walk out virtually
    TechCrunch

    Daily Crunch: Facebook employees walk out virtually

    Facebook staff protests the social network's stance on Trump posts, Volkswagen finalizes its $2.6 billion investment in Argo AI and we examine complaints about the layoff process at events and travel startup Pollen. Facebook has since acknowledged the walkout and said it will not require employees to use their paid time off. Also, CEO Mark Zuckerberg wrote in a Sunday night post that he will donate $10 million to "groups working on racial justice."

  • Volkswagen to install Porsche's CEO as VW brand chief - Auto Motor and Sport
    Reuters

    Volkswagen to install Porsche's CEO as VW brand chief - Auto Motor and Sport

    Volkswagen Chief Executive (CEO) Herbert Diess will promote Porsche CEO Oliver Blume to become head of the VW brand as part of a broader management reshuffle, Auto Motor und Sport said on Tuesday citing company sources. Blume will be moved to the VW brand to help the company get a grip on production issues with the VW ID3 electric car and the Golf 8, the auto industry publication said on Tuesday. Bernhard Maier, currently head of VW's Skoda brand, will become head of Porsche, Auto Motor und Sport said.

  • TheStreet.com

    Ford Shares Gain After Volkswagen Closes $2.6 Billion Investment in Self-Driving Venture Argo AI

    Volkswagen, the world's second-biggest carmaker, has pumped $2.6 billion into Argo AI, a self-driving vehicle company it jointly owns with Ford.

  • Reuters

    GLOBAL MARKETS-Shares cruise to three-month highs, dollar under protest pressure

    U.S. President Donald Trump's vow to use force to end violent protests and reports that China had ordered U.S. soybean purchases to be halted had caused a brief wobble in Wall Street futures, but Europe got shares back on track. The euro hit a two-and-a-half-month high too as the dollar struggled with its home-grown strains, and Italian and Spanish bonds were still being helped by a proposed 750 billion-euro EU stimulus plan and European Central Bank buying. "Even with these rising protests in the U.S. and the situation in Hong Kong at the moment, the market is pushing on and seeing room for optimism."

  • Reuters

    INSIGHT-Brazil's rescue plan flaws imperil small business recovery

    Most of Brazil's small businesses, which account for more than half of its jobs and 30% of gross domestic product, are not getting the cash President Jair Bolsonaro pledged to help them through the coronavirus crisis, putting recovery at risk. Despite a $7 billion program to help small and medium-sized businesses pay their workers as lockdowns tipped Brazil into its steepest annual downturn since records began, banks have so far only 5% distributed of the funds, Economy Ministry data shows. Jose Eutimio Brandao Jr, who fired 50 of the 170 people he employed at a bar, restaurant, bakery and nightclub in the northeastern state of Alagoas, is one of those affected.

  • Reuters

    German carmakers become more upbeat about exports, production - Ifo

    German carmakers became more optimistic about their prospects for production and exports in May, a survey by the Ifo economic institute showed on Wednesday, a ray of hope for the sector that has been hit hard by the coronavirus pandemic.

  • Reuters

    German coalition parties wrestle over cash incentives to buy new cars

    Germany's Social Democrats expect difficult talks with their coalition partners, Chancellor Angela Merkel's conservatives, on a stimulus package as they want cash incentives to buy a new car to exclude combustion engine vehicles, the SPD's co-leader said. "It will take a long time and probably will not end today," Norbert Walter-Borjans said after an SPD spokeswoman said that a final decision on the stimulus package would be postponed from Tuesday to Wednesday.

  • Reuters

    GLOBAL MARKETS-Shares cruise to three-month highs, dollar shows the strain

    U.S. President Donald Trump's vow to use force to end violent protests in American cities and reports that China had ordered U.S. soybean purchases to be halted had caused a brief wobble in Wall Street futures, but Europe got shares back on track. The euro hit a two-and-a-half-month high too as the dollar struggled with its home-grown strains, and Italian and Spanish bonds were still being helped by a proposed 750 billion-euro EU stimulus plan and European Central Bank buying. "Even with these rising protests in the U.S. and the situation in Hong Kong at the moment, the market is pushing on and seeing room for optimism."

  • ACCESSWIRE

    VWAGY / VLKAF / VWAPY Investor Notice: Update in Lawsuit against Volkswagen AG announced by Shareholders Foundation

    SAN DIEGO, CA / ACCESSWIRE / June 2, 2020 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in Volkswagen AG shares. Investors, who purchased shares of Volkswagen ...

  • Reuters

    European shares near 3-month high; Lufthansa lifts Germany

    European shares inched closer to a three-month high on Tuesday on optimism around a post-coronavirus economic recovery, with German stocks buoyed by a jump for Lufthansa. The pan-European STOXX 600 rose 1% in early deals to hit its highest level since March 9. Lufthansa surged 7.5% as its supervisory board approved a 9 billion euro ($10 billion) government bailout for the airline, driving Frankfurt-listed shares up 2.6% to its peak since March 5.

  • Self-driving vehicle startup Argo AI completes $2.6B deal with Volkswagen, expands to Europe
    TechCrunch

    Self-driving vehicle startup Argo AI completes $2.6B deal with Volkswagen, expands to Europe

    Volkswagen Group finalized Tuesday its $2.6 billion investment into Argo AI, the Pittsburgh-based self-driving car startup that came out of stealth in 2017 with $1 billion in backing from Ford. The deal turns Argo into a global company with two customers — VW and Ford — as well as operations in the U.S. and Europe, and provides an instant jump in its workforce. Autonomous Intelligent Driving (AID), the self-driving subsidiary that was launched in 2017 to develop autonomous vehicle technology for the VW Group, will be absorbed into Argo AI.

  • Volkswagen closes $2.6 billion investment in self-driving startup Argo AI
    Reuters

    Volkswagen closes $2.6 billion investment in self-driving startup Argo AI

    Argo, founded in 2016 by Bryan Salesky and Peter Rander, is now jointly controlled by VW and Ford Motor Co, which made an initial investment in Argo shortly after it was founded. Details of the VW investment, which does not include an agreement to purchase $500 million worth of Argo stock from Ford, was announced last July.

  • Reuters

    VW closes $2.6 billion investment in self-driving startup Argo AI

    German automaker Volkswagen AG has closed its $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup disclosed in a blog post on Tuesday. Argo, founded in 2016 by Bryan Salesky and Peter Rander, is now jointly controlled by VW and Ford Motor Co, which made an initial investment in Argo shortly after it was founded.

  • U.S. court refuses to shield Volkswagen in diesel scandal lawsuits
    Reuters

    U.S. court refuses to shield Volkswagen in diesel scandal lawsuits

    The unanimous ruling by a three-judge panel of the 9th U.S. Circuit Court of Appeals, sitting in Anchorage, Alaska, was a victory for Utah's Salt Lake County and Florida's Hillsborough County. The counties sued Volkswagen for causing excess diesel emissions harmful to the environment and could in theory seek billions of dollars in damages. Volkswagen settled U.S. criminal and civil actions prompted by the cheating scandal for more than $20 billion, but that did not shield it from liability from local and state governments, the 9th Circuit noted.

  • U.S. court refuses to shield VW in diesel scandal lawsuits
    Reuters

    U.S. court refuses to shield VW in diesel scandal lawsuits

    The unanimous ruling by a three-judge panel of the 9th U.S. Circuit Court of Appeals, sitting in Anchorage, Alaska, was a victory for Utah's Salt Lake County and Florida's Hillsborough County. The counties sued VW for causing excess diesel emissions harmful to the environment and could in theory seek billions of dollars in damages. Volkswagen settled U.S. criminal and civil actions prompted by the cheating scandal for more than $20 billion, but that did not shield it from liability from local and state governments, the 9th Circuit noted.

  • Reuters

    Volkswagen says ready to restart Mexico operations on June 15

    The Mexican unit of Germany's Volkswagen AG said on Monday the automaker was ready to restart operations in the states of Puebla and Guanajuato on June 15 after activity was idled in late March due to the coronavirus pandemic. Volkswagen has had to wait to restart the plant in Puebla, one of its biggest worldwide, due to a decree from the state government, which said conditions were not yet right for a restart because of the pandemic's ongoing spread.

  • Reuters

    Italy new car sales fall 50% y-o-y in May

    New car registrations in Italy fell for the fifth straight month in May, down 49.61% from the previous year, the transport ministry said on Monday. The Italian government imposed a nationwide lockdown in early March to contain the spread of the new coronavirus and started to gradually ease the restrictions on movement and business only in mid-May.

  • Auto Stock Roundup: NSANY Incurs Biggest Loss in 20 Years, AZO Beats on Q3 Earnings
    Zacks

    Auto Stock Roundup: NSANY Incurs Biggest Loss in 20 Years, AZO Beats on Q3 Earnings

    Nissan (NSANY) incurs fiscal 2019 loss of 671.2 billion yen, which marks the worst in two decades. Meanwhile, AutoZone (AZO) tops fiscal Q3 earnings estimates despite coronavirus woes.