Log in
E-mail
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

MarketScreener Homepage  >  Equities  >  Xetra  >  Volkswagen AG    VOW3   DE0007664039

VOLKSWAGEN AG

(VOW3)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

COVID-19: LAMBORGHINI IS PRODUCING SURGICAL MASKS AND MEDICAL SHIELDS

share with twitter share with LinkedIn share with facebook
share via e-mail
04/02/2020 | 11:47am EDT

Automobili Lamborghini is reconverting some departments of its production plant in Sant'Agata Bolognese in order to produce surgical masks and protective medical shields for the Sant'Orsola-Malpighi Hospital in Bologna, which is involved in the fight against the Covid-19 pandemic, in collaboration with the University of Bologna. The Department of Medical and Surgical Sciences will oversee validation testing of the medical devices made by Lamborghini, prior to their delivery to the hospital.

One thousand masks a day will be made in the Upholstery Department, the department that produces the interiors and customizations for Lamborghini cars. At the same time, 200 protective medical shields in polycarbonate a day will be made inside the composites production plant and at the Research and Development department with the use of 3D printers.

Stefano Domenicali, Chairman and CEO of Automobili Lamborghini, commented: 'During an emergency such as this one, we feel the need to make a concrete contribution. We have therefore decided to support the Sant'Orsola-Malpighi Hospital, an institution with which we have had a collaborative relationship for years, through both professional consultancy in promoting programs to protect our workers' health, and in research projects. We will win this battle together by working in union, supporting those who are at the forefront of fighting this pandemic every day.'

As a sign of unity and support for the entire nation facing the Coronavirus emergency, every evening Lamborghini lights up the historic headquarter buildings in Sant'Agata Bolognese, with the colors of the Italian flag.

(C) 2020 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on VOLKSWAGEN AG
05/24In China's auto market, worries grow that cashback deals and gifts presage da..
RE
05/23AUDI : Key Mexican state for German automakers hits brakes on restart
RE
05/22Automaker trade backs U.S. on effort to weaken fuel efficiency rules
RE
05/22France warns Renault could disappear; Nissan plans job cuts
RE
05/22France warns Renault could disappear; Nissan plans job cuts
RE
05/22VOLKSWAGEN : Jetta Achieves 1% Chinese Market Share Despite Coronavirus
DJ
05/22China's biggest automaker expects domestic car sales to pick up in second qua..
RE
05/21UNIVERSITY OF YORK : Retrofitting VW engines after 'Dieselgate' scandal reduced ..
AQ
05/20Volkswagen admits car ad racist, apologizes
RE
05/20VOLKSWAGEN : On The Territorial Jurisdiction Of The Québec Courts In Securities ..
AQ
More news
Financials (EUR)
Sales 2020 217 B
EBIT 2020 6 929 M
Net income 2020 4 909 M
Finance 2020 17 379 M
Yield 2020 2,29%
P/E ratio 2020 13,9x
P/E ratio 2021 6,13x
EV / Sales2020 0,24x
EV / Sales2021 0,19x
Capitalization 68 663 M
Chart VOLKSWAGEN AG
Duration : Period :
Volkswagen AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VOLKSWAGEN AG
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 25
Average target price 155,87 €
Last Close Price 132,78 €
Spread / Highest target 82,3%
Spread / Average Target 17,4%
Spread / Lowest Target -37,5%
EPS Revisions
Managers
NameTitle
Herbert Diess Member-Management Board
Hans Dieter Pötsch Chairman-Supervisory Board
Frank Witter Head-Finance & Information Technology
Peter Mosch Deputy Chairman
Bernd Osterloh Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
VOLKSWAGEN AG-24.66%74 796
TOYOTA MOTOR CORPORATION-18.47%161 816
HONDA MOTOR CO., LTD.-18.59%40 520
GENERAL MOTORS COMPANY-29.02%37 179
DAIMLER AG-36.52%36 524
BMW AG-31.53%35 296