Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Volkswagen AG
  6. News
  7. Summary
    VOW3   DE0007664039

VOLKSWAGEN AG

(VOW3)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Truck maker Navistar says Omicron variant is likely to slow supply chain recovery

12/01/2021 | 02:36pm EST
Trucks are parked at a yard of the manufacturing plant of International brand commercial trucks, owned by Navistar, in Escobedo

(Reuters) - U.S. truck maker Navistar International Corp, backed by Volkswagen, said on Wednesday the Omicron variant of the coronavirus would likely slow the recovery in the global supply chain.

A shortage of semiconductor chips, used to operate everything from driver aids to infotainment systems, have forced major automakers to slash their productions and in some cases build vehicles without certain features.

Navistar adjusted its production schedule for next year to align with suppliers' expected abilities to deliver, it told Reuters in an emailed statement.

"We are remaining flexible and can potentially increase production rates if the supply base can outperform the current forecast," said Paul Martin, the vice president of finance and revenue in Navistar.

(Reporting by Nathan Gomes in Bengaluru; Editing by Amy Caren Daniel)


ę Reuters 2021
All news about VOLKSWAGEN AG
11:52aSwitch to platinum by automakers will weigh on palladium prices
RE
09:43aLiveOne Expands Podcast Content Available to Tesla Drivers
DJ
08:18aMagna Says eDrive Systems Hit the Market on Volkswagen's MEB Platform
MT
07:46aVolkswagen Starts EV Production At Renovated Plant In Germany
MT
07:09aID.5 IN SERIES PRODUCTION : Volkswagen successfully transforms Zwickau site into an electr..
PU
05:39aVOLKSWAGEN : commemorates the victims of the Holocaust
PU
05:09aVOLKSWAGEN : A conversation with author Mirna Funk about remembrance culture and the futur..
PU
03:51aRenault-Nissan to do more together in $26 bln electric bet
RE
03:01aChina's GAC scolds Stellantis over joint-venture plan
RE
01/26LG Energy Solution becomes S.Korea's No.2 firm in stellar stock debut
RE
More news
Analyst Recommendations on VOLKSWAGEN AG
More recommendations
Financials
Sales 2021 247 B 275 B 275 B
Net income 2021 13 876 M 15 449 M 15 449 M
Net cash 2021 30 178 M 33 600 M 33 600 M
P/E ratio 2021 6,60x
Yield 2021 4,08%
Capitalization 114 B 128 B 127 B
EV / Sales 2021 0,34x
EV / Sales 2022 0,28x
Nbr of Employees 645 318
Free-Float -
Chart VOLKSWAGEN AG
Duration : Period :
Volkswagen AG Technical Analysis Chart | VOW3 | DE0007664039 | MarketScreener
Technical analysis trends VOLKSWAGEN AG
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Last Close Price 183,02 €
Average target price 241,40 €
Spread / Average Target 31,9%
EPS Revisions
Managers and Directors
Herbert Diess Chairman-Management Board
Arno Antlitz Head-Finance & Information Technology
Hans Dieter P÷tsch Member-Management Board
Thomas Schmall-von Westerholt Head-Technology
Kurt Michels Chief Compliance Officer
Sector and Competitors
1st jan.Capi. (M$)
VOLKSWAGEN AG3.12%128 348
TOYOTA MOTOR CORPORATION5.51%268 467
DAIMLER AG4.32%85 111
FORD MOTOR COMPANY-4.14%79 565
GENERAL MOTORS COMPANY-10.71%76 005
BAYERISCHE MOTOREN WERKE AG6.42%68 955