XTRA:VOW3Auto
Volkswagen (XTRA:VOW3) Recasts Its US Push, Is It Still 30% Below Fair Value?
Volkswagen (XTRA:VOW3) is reshaping its US push as it prepares to appoint outgoing Audi sales chief Marco Schubert to lead the American business, with a fresh focus on pickups and large SUVs.
See our latest analysis for Volkswagen.
The leadership change and US focus come at a time when Volkswagen's recent momentum has been weak, with the share price at €73.72 and the year to date share price return down 30.75%, while the 1 year total shareholder return has declined 20.91%. This sits within a...