Previous close | 10.33 |
Open | 10.38 |
Bid | 10.43 x 40000 |
Ask | 10.44 x 308300 |
Day's range | 10.30 - 10.45 |
52-week range | 10.22 - 16.48 |
Volume | |
Avg. volume | 362,985 |
Market cap | 50.489B |
Beta (5Y monthly) | 1.23 |
PE ratio (TTM) | 3.19 |
EPS (TTM) | 3.28 |
Earnings date | 30 Oct 2024 |
Forward dividend & yield | 0.98 (9.34%) |
Ex-dividend date | 31 May 2024 |
1y target est | 15.94 |
BMW will recall about 1.5m vehicles over problems with their brakes, wiping €4.3bn (£3.7bn) off the value of the German carmaker.
FRANKFURT (Reuters) -Volkswagen said on Tuesday it was scrapping a range of labour agreements including a guarantee of jobs until 2029 at six German plants, raising the prospect of redundancies from next year that worker representatives have vowed to resist. Europe's top carmaker is cancelling the decades-old employment guarantees as part of a cost-cutting drive that has triggered a showdown with workers as Volkswagen struggles to compete against cheaper Asian rivals. Volkswagen's move follows a threat that it could shut plants on German soil for the first time in its 87-year history, which sent shockwaves through the global autos sector and prompted high-level German government concern.
Audi workers confiscated hundreds of keys for completed and unfinished cars in a backlash to Volkswagen’s plans for plant closures.