Overview
Description
Volkswagen AG is a leading global automobile manufacturer, known for its wide range of vehicles, from economy to luxury models. As one of the largest carmakers in the world, Volkswagen AG operates numerous brands, including Volkswagen, Audi, Porsche, and Lamborghini, among others. The Volkswagen AG Preferred shares offer investors a way to gain exposure to the company's performance, typically providing a fixed dividend, but generally without voting rights, distinguishing them from common shares. These preferred shares play a significant role in attracting investors who seek steady income through dividends in the ever-evolving automotive sector. Situated in an industry that is undergoing massive transformation with the shift towards electric vehicles and sustainable practices, Volkswagen AG is positioned as a key player influencing automotive trends globally. The preferred shares thus offer a unique investment segment within the broader spectrum of equity markets, appealing to dividend-focused portfolios. As Volkswagen continues to expand its footprint in emerging technologies, its shares represent an integral part of the automotive financial landscape.
About
CEO
Mr. Thomas Schafer
Employees
635855
Address
Berliner Ring 2
Wolfsburg, 38440
Wolfsburg, 38440
Phone
49-5361-9-0
Website
Instrument type
Preferred stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
Italy
MIC code
XMIL