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volkswagen ag-pref (50IT) Snapshot

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52 Week High
09/16/13 - €184.26
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10/3/13 - €170.58
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Current Stock Chart for VOLKSWAGEN AG-PREF (50IT)

volkswagen ag-pref (50IT) Details

Volkswagen Aktiengesellschaft, together with its subsidiaries, manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates through four segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment develops vehicles and engines; and produces and sells passenger cars and genuine parts. The Commercial Vehicles segment develops, produces, and sells light commercial vehicles, and trucks and buses, as well as offers parts and related services. The Power Engineering segment develops and produces large-bore diesel engines, turbo compressors, industrial turbines, and chemical reactor systems, as well as produces gear units, population components, and testing systems. The Financial Services segment offers dealer and customer financing, leasing, banking and insurance, fleet management, and mobility services. It also offers motorcycles. Volkswagen Aktiengesellschaft provides its products under the Volkswagen Passenger Cars, Audi, ŠKODA, SEAT, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania, and MAN brand names, as well as financial services under the Volkswagen Financial Services brand name. The company has strategic alliance with Daimler AG to produce Crafter. Volkswagen Aktiengesellschaft is headquartered in Wolfsburg, Germany.

volkswagen ag-pref (50IT) Top Compensated Officers

Chairman of Board of Management and Chief Exe...
Total Annual Compensation: €10.9M
Chief Financial Officer, Head of Controlling ...
Total Annual Compensation: €4.6M
Head of Commercial Vehicles and Member of Boa...
Total Annual Compensation: €4.1M
Head of Human Resources & Organization and Me...
Total Annual Compensation: €4.4M
Member of Board of Management
Total Annual Compensation: €4.6M
Compensation as of Fiscal Year 2013.

volkswagen ag-pref (50IT) Key Developments

Volkswagen AG Announces Sales Results in China for the Seven Months Ended July 2014

Volkswagen AG has announced sales results in China for the seven months ended July 2014. For the period, the company's passenger car sales in China increased 17.2% year on year to 2.1 million units in the first seven months of this year. The figure accounted for nearly 36.33% of the company's global sales and China still remains the single market for Volkswagen AG. From January to July, the sales of Volkswagen brand amounted to 1.6 million units, reflecting a year on year increase of 17.9%.

Volkswagen Reports Sales Results for the Year to Date Ended July 2014

Volkswagen reported sales results for the year to date ended July 2014. For the year to date, the company reported 6.0% year-on-year (year on year) increase in deliveries during the first seven months of 2014. The number of light vehicles reaching customers during the year to date (YTD) hit 5.78 million, helped by a 6.7% y/y gain in July to 808,500 units. On a regional basis, gains were seen in Europe, where deliveries in the YTD grew by 7.2% year on year to 2.32 million units, with a 8.4% year on year improvement coming in Western Europe (excluding Germany) to 1.21 million, while there was a 6.7% y/y increase in German sales to 678,900 units. Central and Eastern European deliveries also rose by 4.9% year on year to 383,300 units, although Russia has fallen by 10.1% year on year to 157,400 units.

Volkswagen AG to Launch NMC At 2014 Beijing Auto Show

Volkswagen AG is launching its NMC (New Mid-size Coupe) at the 2014 Beijing Auto Show. The model has been developed specifically for the Chinese market. It is a sportier looking version of the Jetta, which is sold as 'Sagitar' in China. It is to be launched at the 2014 Guangzhou Auto Show in December, before going on sale in China early next year. It is to be produced in China by the Shanghai-Volkswagen joint venture.


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