Overview
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Description
Volkswagen AG Pref. Share represents the preferred stock class of Volkswagen AG, one of the world's leading automobile manufacturers headquartered in Wolfsburg, Germany. These shares provide investors with priority in dividend distributions over common shares, though they generally lack voting rights, emphasizing income-focused participation in the company's performance. Volkswagen AG designs, manufactures, and distributes a diverse portfolio of vehicles across multiple brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, and Porsche. The company operates four core vehicle segments—core (Volkswagen, SEAT, Skoda, VW commercial), progressive (Audi, Lamborghini, Bentley), sports luxury (Porsche), and Traton commercial vehicles (Traton, Scania, Navistar, MAN, VW truck and bus)—alongside financial services related to vehicles, a vehicle software business (Cariad), batteries, and power engineering production. Volkswagen AG Pref. Share plays a key role in capital markets by offering exposure to the global automotive sector's stability and profitability, particularly appealing to those seeking higher dividend potential without governance influence. Its extensive product range impacts manufacturing, technology, finance, and sustainable transportation initiatives worldwide.
About
CEO
Mr. Thomas Schafer
Employees
635855
Address
Berliner Ring 2
11 Bermudiana Road
Wolfsburg, 38440, MI
Germany
11 Bermudiana Road
Wolfsburg, 38440, MI
Germany
Phone
49-5361-9-0
Website
Instrument type
Preferred stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
Switzerland
MIC code
XSWX