|Bid||137.890 x 50000|
|Ask||137.910 x 50000|
|Day's Range||137.149 - 138.665|
|52 Week Range||110.775 - 156.320|
|PE Ratio (TTM)||8.47|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||162.21|
Activists were hanging from the ship's 27-meter-high unloading door.
Germany's Volkswagen (VOWG_p.DE) is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars. Cobalt industry sources told Reuters that VW, the world's largest automaker, has asked producers to submit proposals on supplying the material for up to 10 years from 2019. Volkswagen, which decided on the strategic shift to electric vehicles (EVs) after it was engulfed in the "dieselgate" scandal, plans to invest more than 20 billion euros ($24 billion) in zero-emission vehicles by 2030 to challenge pioneer Tesla (TSLA.O) in creating a mass market.
Volkswagen (VOWG_p.DE) has not ruled out breaking with company tradition and appointing an outsider as its next chief executive, Chairman Hans Dieter Poetsch said. Current CEO Matthias Mueller, whose contract runs through 2020, has been with the Volkswagen (VW) group for nearly 40 years, including in senior roles at premium divisions Audi (NSUG.DE) and Porsche. In comments emailed to Reuters on Friday, Poetsch said the supervisory board would deal with a successor to Mueller "in due course".