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Name | Symbol | Market | Type |
---|---|---|---|
Volkswagen AG (PK) | USOTC:VWAPY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.18 | -1.47% | 12.10 | 12.00 | 12.21 | 12.18 | 12.07 | 12.12 | 244,415 | 21:28:00 |
--Audi's electric-car business will take longer than expected to reach profit margins on par with its conventional, gas-burning car business, German newspaper Handelsblatt reports, citing an interview with Chief Executive Officer Gernot Doellner.
--The Volkswagen subsidiary wanted to reach margin parity by the end of the decade, but Doellner now says it will likely take longer, Handelsblatt reports.
--Audi is facing strong competition in China and wants to strengthen its North American presence, according to the newspaper.
--Audi didn't immediately respond to a request for comment by Dow Jones Newswires.
Full story (in German): https://shorturl.at/aekBI
Write to Nina Kienle at nina.kienle@wsj.com
(END) Dow Jones Newswires
December 14, 2023 10:34 ET (15:34 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Volkswagen (PK) Chart |
1 Month Volkswagen (PK) Chart |
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