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    VOW3   DE0007664039

VOLKSWAGEN AG

(VOW3)
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Delayed Xetra  -  11:35 2022-07-01 am EDT
127.48 EUR   +0.05%
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Volkswagen : Happy Birthday, Touareg! – Exclusive special-edition model for the 20th anniversary

05/23/2022 | 06:46am EDT

Technology carrier and record holder for 20 years. When it was introduced in 2002, the Touareg surprised with a 5.0-litre V10 TDI engine and an impressive torque at the time of 750 Nm. The "Race Touareg" from Volkswagen Motorsport dominated the Dakar Rally for three years in succession from 2009 to 2011. Various long-distance world records followed, such as on the Pan-American Highway, where a distance of up to 23,000 kilometres was covered in just under twelve days. In 2006, the Touareg pulled a Boeing 747 weighing 155 tonnes out of its hangar and in doing so secured another world record.

In 2005, the Touareg "Stanley", one of the first truly intelligent vehicles in automotive history, won the DARPA Grand Challenge for autonomous vehicles organised by the American Defense Advanced Research Projects Agency. It was one of only four vehicles from the 23 that started the race to reach the finish line. Today, Volkswagen customers benefit from many years of development experience with systems such as Travel Assist and the optional Park Assist Plus with remote parking capability.

Disclaimer

Volkswagen AG published this content on 23 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2022 10:45:05 UTC.


© Publicnow 2022
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Financials
Sales 2022 273 B 283 B 283 B
Net income 2022 16 888 M 17 566 M 17 566 M
Net cash 2022 32 024 M 33 310 M 33 310 M
P/E ratio 2022 3,87x
Yield 2022 7,03%
Capitalization 77 323 M 80 427 M 80 427 M
EV / Sales 2022 0,17x
EV / Sales 2023 0,14x
Nbr of Employees 668 294
Free-Float 56,8%
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 127,48 €
Average target price 215,66 €
Spread / Average Target 69,2%
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Managers and Directors
Herbert Diess Chairman-Management Board
Arno Antlitz Head-Finance & Information Technology
Hans Dieter Pötsch Member-Management Board
Thomas Schmall-von Westerholt Head-Technology
Kurt Michels Chief Compliance Officer
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