Volkswagen AG (VWAGY)
| Previous close | 10.86 |
| Open | 10.81 |
| Bid | 10.83 x 300400 |
| Ask | 10.85 x 40000 |
| Day's range | 10.74 - 10.86 |
| 52-week range | 10.22 - 16.48 |
| Volume | |
| Avg. volume | 358,533 |
| Market cap | 53.203B |
| Beta (5Y monthly) | 1.23 |
| PE ratio (TTM) | 3.28 |
| EPS (TTM) | 3.30 |
| Earnings date | 30 Oct 2024 |
| Forward dividend & yield | 0.98 (9.01%) |
| Ex-dividend date | 31 May 2024 |
| 1y target est | 12.38 |
ReutersVolkswagen may book up to $4.4 billion in provisions on capacity cuts, Jefferies says
BERLIN (Reuters) -Volkswagen may book up to 4 billion euros ($4.4 billion) in provisions for planned capacity cuts as early as the fourth quarter, analysts at brokerage Jefferies said in a note after travelling with company executives in North America. Volkswagen said earlier this month it was considering shutting plants in Germany for the first time in its history, part of a cost-cutting plan as it struggles to compete with Asian rivals. "The rationale to re-size VW's namesake (brand) is not new but management's sense of urgency and determination to tackle excess capacity and spending patterns both are," Jefferies analysts wrote in the note.
FortuneElon Musk faces moment of truth in Europe as buyers turn their backs on Tesla
September is a crucial month that could determine if Tesla can claw back recent losses in Europe or whether rivals like BMW can hold onto their gains.
BloombergEU Car Lobby Mulls Two-Year Delay of 2025 Emissions Targets
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