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    VOW3   DE0007664039

VOLKSWAGEN AG

(VOW3)
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Volkswagen : and Audi to resume production in Mexico after gas shortages

02/21/2021 | 10:28pm EDT
The spread of the coronavirus disease (COVID-19) in Germany

MEXICO CITY (Reuters) - The Mexican unit of Volkswagen AG will resume production of its Tiguan sports utility vehicle on Monday evening, the company said in a statement on Sunday, following gas shortages that hit swathes of Mexico last week.

Meanwhile, Audi will resume normal production levels at its plant in Puebla on Monday, after "the supply of hydrocarbons to the industrial sector was guaranteed," the company said on Sunday.

(Reporting by Miguel Angel Gutierrez and Sharay Angulo, writing by Laura Gottesdiener; Editing by Himani Sarkar)


© Reuters 2021
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Analyst Recommendations on VOLKSWAGEN AG
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Financials
Sales 2021 249 B 289 B 289 B
Net income 2021 13 838 M 16 089 M 16 089 M
Net cash 2021 31 643 M 36 790 M 36 790 M
P/E ratio 2021 6,90x
Yield 2021 3,81%
Capitalization 121 B 140 B 140 B
EV / Sales 2021 0,36x
EV / Sales 2022 0,31x
Nbr of Employees 632 825
Free-Float 56,8%
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Mean consensus BUY
Number of Analysts 23
Last Close Price 191,80 €
Average target price 268,80 €
Spread / Average Target 40,1%
EPS Revisions
Managers and Directors
Herbert Diess Chairman-Management Board
Arno Antlitz Head-Finance & Information Technology
Hans Dieter Pötsch Chairman-Supervisory Board
Thomas Schmall-von Westerholt Head-Technology
Kurt Michels Chief Compliance Officer
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