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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Volkswagen AG | TG:VOW | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -6.60 | -4.72% | 133.20 | 132.80 | 133.50 | 140.00 | 132.90 | 139.20 | 8,352 | 22:50:02 |
From May 2019 to May 2024
By Kim Richters
Volkswagen AG (VOW.XE) said Tuesday that it is seeking more than 100 million euros ($111.8 million) in damages from Prevent, part of a dispute between the German car maker and its former supplier.
Volkswagen said it was seeking damages related to delivery stops in 2016 by Prevent subsidiaries Car Trim and ES Guss, which at the time supplied Volkswagen with various car parts like seat covers.
It has filed a first claim for its Skoda brand in a German court and lawsuits for other Volkswagen brands will follow, Volkswagen said.
Prevent didn't immediately respond for comment. The company had filed a lawsuit in the U.S. last year, seeking damages of more than $750 million from Volkswagen.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
January 07, 2020 07:38 ET (12:38 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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