|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.15 - 16.33|
|52 Week Range||8.56 - 20.67|
|Beta (5Y Monthly)||1.58|
|PE Ratio (TTM)||5.32|
|Forward Dividend & Yield||0.57 (3.52%)|
|Ex-Dividend Date||Oct 01, 2020|
|1y Target Est||N/A|
Volkswagen Group <VOWG_p.DE> is hosting preliminary talks with potential bidders for its Ducati brand to gauge potential interest in the motorcycle maker ahead of a November planning round, three people familiar with the matter told Reuters. During the five-year planning round, VW will review the future of its Ducati brand as well as of its super sports car brands Lamborghini and Bugatti, they said. Volkswagen is analyzing the future of Lamborghini, Bugatti and Ducati as part of broader quest for more economies of scale as it shifts to mass producing electric cars and as the company tries to more than double its value to 200 billion euros.
Auto and tech giants are intensifying competition for driverless cars in the AV space, wherein Alphabet (GOOGL), Tesla (TSLA) and General Motors (GM) are the frontrunners.
While General Motors (GM) renames the Detroit-Hamtramck plant as 'Factory Zero' in sync with electrification plans, Navistar (NAV) accepts higher takeover bid from Volkswagen (VWAGY).