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89.60000 EUR
0.5
0.55%
Last update Jun 16, 4:29 PM BST
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Day range
88.60000
90.20000
Previous close
90.099998
Open
90.12000
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Volkswagen AG Preferred Stock
89.60
0.50
0.55%

Overview

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Description

Volkswagen AG Preferred Stock represents a non-voting equity interest in Volkswagen AG, one of the world's leading automotive manufacturers headquartered in Germany. The company designs, manufactures, and distributes a comprehensive portfolio of vehicles across multiple segments, including the Volkswagen brand, luxury marques such as Audi, Porsche, Lamborghini, and Bentley, as well as commercial vehicle brands like Škoda, SEAT, and Traton. Beyond vehicle production, Volkswagen operates in vehicle software development through Cariad, battery technology, power engineering production, and financial services. The preferred shares provide investors with dividend income while carrying no voting rights. As a major player in the global automotive industry, Volkswagen serves consumers, businesses, and commercial sectors worldwide through an extensive network of dealerships, distributors, and online channels. The company's diversified brand portfolio and integrated business model position it as a significant participant in the automotive and mobility sectors.

About

CEO
Dr. Oliver Blume Ph.D.
Employees
598592
Address
Berliner Ring 2
11 Bermudiana Road
Wolfsburg, 38440, MI
Germany
Phone
49 5361 9 0
Instrument type
Preferred stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
United Kingdom
MIC code
XLON
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