Volkswagen AG Stock Price Update

Volkswagen AG, a German automobile manufacturer, has reported a stock price fluctuation in recent times. The company’s shares have been trading near the 100-Euro mark, with a slight decline of 0.5% in the last session.

Recent Stock Performance

The stock has shown a strong recovery from its low point earlier in the year, with a notable increase of around 12% in just nine trading days.

Company Developments

  • Volkswagen is expanding its electric vehicle offerings with the introduction of a performance upgrade for its ID.3 Pro model.
  • The company is pushing for more government support to boost demand for electric vehicles, particularly among private buyers.

Competitive Landscape

Volkswagen is competing with other European companies, including Renault, in the autonomous driving space.