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OTCMKTS:VLKAY

Volkswagen Aktiengesellschaft (VLKAY) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$32.00
$39.99
50-Day Range
N/A
52-Week Range
$30.22
$46.53
Volume
51,548 shs
Average Volume
N/A
Market Capitalization
$80.23 billion
P/E Ratio
6.25
Dividend Yield
N/A
Price Target
N/A
VLKAY stock logo

About Volkswagen Aktiengesellschaft Stock (OTCMKTS:VLKAY)

Volkswagen Aktiengesellschaft, together with its subsidiaries, manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates through four segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment develops vehicles and engines; and produces and sells passenger cars and related parts. The Commercial Vehicles segment develops, produces, and sells light commercial vehicles, trucks, and buses, as well as offers parts and related services. The Power Engineering segment develops and produces large-bore diesel engines, turbo compressors, industrial turbines, and chemical reactor systems, as well as produces gear units, propulsion components, and testing systems. The Financial Services segment offers dealer and customer financing, leasing, banking and insurance, fleet management, and mobility services. The company also offers motorcycles and turbomachinery; and operates HeyCar, an online used vehicles platform. It provides its products under the Volkswagen Passenger Cars, Audi, ?KODA, SEAT, Bentley, Porsche, Volkswagen Commercial Vehicles, Lamborghini, Bugatti, Ducati, Scania, and MAN brands, as well as under the MOIA brand. Volkswagen Aktiengesellschaft was founded in 1937 and is headquartered in Wolfsburg, Germany.

VLKAY Stock News Headlines

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625,000% Gain
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Volkswagen earnings preview: what Wall Street is expecting
See More Headlines
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Industry, Sector and Symbol

Industry
Motor Vehicles & Car Bodies
Sub-Industry
N/A
Current Symbol
OTCMKTS:VLKAY
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$11.63 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$260.74 billion
Book Value
$43.52 per share

Miscellaneous

Outstanding Shares
2,506,470,000
Free Float
N/A
Market Cap
$80.23 billion
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Dr. Herbert Diess (Age 60)
    Chairman of Management Board, CEO & Chairman of Volkswagen Brand Board of Management
  • Mr. Frank Witter (Age 59)
    CFO & Member of Board of Management
  • Prof. Jochem Heizmann (Age 66)
    Member of Board of Management
  • Mr. Andreas Hermann Renschler (Age 60)
    Head of Commercial Vehicles, Member of the Board of Management & Supervisory Board Member
  • Ms. Hiltrud Dorothea Werner (Age 52)
    Head of Integrity & Legal Affairs, Member of the Management Board & Member of the Supervisory Board

Should I Buy Volkswagen Aktiengesellschaft Stock? VLKAY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Volkswagen Aktiengesellschaft:

  • Volkswagen recently reached a $54 million 'dieselgate' settlement with Italian owners, resolving a significant legal issue that had been looming over the company.
  • The company's diverse product portfolio under various well-known brands like Audi, Porsche, and Volkswagen Commercial Vehicles provides a wide market reach and potential for revenue growth.
  • Volkswagen's focus on developing and producing large-bore diesel engines and industrial turbines in the Power Engineering segment showcases its commitment to innovation and sustainability in the automotive industry.
  • Financial Services segment offerings such as dealer and customer financing, leasing, and insurance provide additional revenue streams and enhance customer loyalty.
  • Operational expansion through platforms like HeyCar, an online used vehicles platform, demonstrates Volkswagen's adaptability to changing consumer preferences and digital trends in the automotive market.

Cons

Investors should be bearish about investing in Volkswagen Aktiengesellschaft for these reasons:

  • The ongoing legal challenges related to the 'dieselgate' scandal could continue to impact the company's reputation and financial performance in the future.
  • Volatility in the motor vehicles industry, influenced by factors like global economic conditions and regulatory changes, may pose risks to Volkswagen's revenue and profitability.
  • Market competition from other automotive manufacturers and emerging technologies in electric vehicles could pressure Volkswagen's market share and margins.
  • Fluctuations in raw material prices, particularly for components like steel and aluminum, could affect Volkswagen's production costs and overall profitability.
  • Investors should closely monitor the stock price of Volkswagen Aktiengesellschaft to assess its valuation and potential returns in the current market environment.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 22, 2024. Please send any questions or comments about these Volkswagen Aktiengesellschaft pros and cons to contact@marketbeat.com.

This page (OTCMKTS:VLKAY) was last updated on 7/27/2024 by MarketBeat.com Staff

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