Volkswagen AG Preferred

Volkswagen AG Preferred is a class of shares in one of the world’s leading automobile manufacturers, headquartered in Wolfsburg, Germany. As preferred shares, they offer certain advantages, such as higher dividend payouts compared to common shares, but typically do not come with voting rights. Volkswagen AG engages in the design, manufacture, and distribution of automobiles and vehicles under various brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, and Porsche. The company also provides financial services related to vehicles. The preferred shares are significant in the capital markets as they reflect investor interest in the stability and profitability of the company without direct influence on corporate governance. Volkswagen AG plays a crucial role in the automotive industry, contributing to innovations in vehicle safety, technology, and sustainable transportation initiatives. Its global presence and extensive product portfolio impact numerous sectors, ranging from manufacturing and technology to finance.