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MarketScreener Homepage  >  Equities  >  Xetra  >  Volkswagen AG    VOW3   DE0007664039

VOLKSWAGEN AG

(VOW3)
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The new Passat: interview with the project leader

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06/13/2019 | 05:04am EDT

It is a bestseller from Volkswagen: the Passat. Now the new edition goes on presale in the first European countries. And not only drivers of company cars will love the big 'Update 2.0' of the bestseller. A young team has spent months analyzing strengths and weaknesses of the previous model in order to make the new Passat even better.

New highlights include the 'Travel Assist' feature, which appears in a Volkswagen for the first time. It allows partially automated driving across practically the whole speed range up to 210 km/h - a milestone on the way to autonomous driving. In addition, an inductive charging tray for smartphones can be ordered. And there are significantly greater possibilities to adjust the suspension with DCC (Dynamic Chassis Control), including an intuitive operation of the system via slider.

But these are not the only highlights. Oliver Schröter, project leader, explains the features which make the Passat stand out and how the vehicle has become more comfortable and digital. Check out the video:

Disclaimer

Volkswagen AG published this content on 13 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2019 09:03:07 UTC

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Financials (EUR)
Sales 2019 245 B
EBIT 2019 17 656 M
Net income 2019 13 512 M
Finance 2019 21 603 M
Yield 2019 3,56%
P/E ratio 2019 6,21x
P/E ratio 2020 5,80x
EV / Sales2019 0,26x
EV / Sales2020 0,22x
Capitalization 84 511 M
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Technical analysis trends VOLKSWAGEN AG
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 31
Average target price 189,43  €
Last Close Price 169,00  €
Spread / Highest target 40,8%
Spread / Average Target 12,1%
Spread / Lowest Target -25,4%
EPS Revisions
Managers
NameTitle
Herbert Diess Chairman-Management Board
Hans Dieter Pötsch Chairman-Supervisory Board
Frank Witter Head-Finance & Information Technology
Peter Mosch Deputy Chairman
Bernd Osterloh Member-Supervisory Board
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