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 |
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.
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.
(Bloomberg) -- The European Union should use emergency regulation to delay its 2025 emissions targets for automakers by two years, according to a draft proposition from the industry lobby seen by Bloomberg.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceFrom Louisville, a Push to Plant Trees for Public HealthAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingNYC Transit Capital