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    VOW3   DE0007664039

VOLKSWAGEN AG

(VOW3)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 06/23 01:39:34 pm
219.1 EUR   -1.92%
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Volkswagen : VW says data breach at vendor impacted 3.3 million people in North America

06/11/2021 | 12:24pm EDT
FILE PHOTO: The logo of German carmaker Volkswagen is seen on the wall of a showroom of a Volkswagen car dealer in Brussels

WASHINGTON (Reuters) - Volkswagen AG's U.S. unit said a data breach at a vendor impacted more than 3.3 million customers and prospective buyers in North America.

Nearly all those impacted were current or potential customers of Audi, one of the German automaker's luxury brands.

Volkswagen Group of America said on Friday an unauthorized third party obtained limited personal information about customers and interested buyers from a vendor that its Audi Volkswagen brands and some U.S. and Canadian dealers used for digital sales and marketing.

The information was gathered for sales and marketing between 2014 and 2019 and was in an electronic file the vendor left unsecured.

The company told regulators the vast majority of customers only had phone numbers and email addresses potentially impacted by the data breach. In some cases, data also includes information about a vehicle purchased, leased, or inquired about.

VW said 90,000 Audi customers and prospective buyers had sensitive data impacted relating to purchase or lease eligibility. VW said it will offer free credit protection services to those individuals.

The sensitive data was comprised of driver license numbers in more than 95% of cases. A small number of records included additional data like dates of birth, Social Security numbers and account numbers.

The automaker does not believe sensitive information is involved in Canada.

More than 3.1 million people affected are in the United States.

VW believes the data was obtained at some point between August 2019 and May of this year, when the automaker identified the source of the incident.

(Reporting by David Shepardson in Washington; Editing by Matthew Lewis)

By David Shepardson


© Reuters 2021
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Financials
Sales 2021 250 B 299 B 299 B
Net income 2021 13 784 M 16 464 M 16 464 M
Net cash 2021 31 342 M 37 435 M 37 435 M
P/E ratio 2021 8,07x
Yield 2021 3,15%
Capitalization 131 B 156 B 156 B
EV / Sales 2021 0,40x
EV / Sales 2022 0,35x
Nbr of Employees 662 653
Free-Float 56,8%
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Technical analysis trends VOLKSWAGEN AG
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Mean consensus BUY
Number of Analysts 25
Last Close Price 223,40 €
Average target price 277,19 €
Spread / Average Target 24,1%
EPS Revisions
Managers and Directors
NameTitle
Herbert Diess Chairman-Management Board
Arno Antlitz Chief Financial Officer
Hans Dieter Pötsch Chairman-Supervisory Board
Frank Witter Head-Finance & Information Technology
Kurt Michels Chief Compliance Officer
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