Production of the Volkswagen Tiguan in the Wolfsburg plant (Photo: Volkswagen AG)
Wolfsburg-2024 was one of the losses for the shareholders for VW boss Blume one year of the course. Less sales, less profit, less stock market value. Flower should feel the resentment at the Annual General Meeting. After all: Despite the crisis, there is a dividend in it.
Since Trump rushed back to the tariffs, the VW share price (stem and preferred shares) has recovered. But the long -term downward trend since the sometimes speculative height flights in March 2021 has not been shot. The regular share currently lists at 105.30 euros (10.30 a.m. CEST)
+++ Virtual Annual General Meeting of the Volkswagen Group +++
For the displeasure of many shareholders, the 65th ordinary general meeting of the Volkswagen Group and Volkswagen AG will also take place on Friday, May 16, 2025. It starts at 10 a.m. (CEST). Registered shareholders can be over the Shareholder portal Switch on and perceive their rights.
In the 1st quarter Shocked VW with a slump in profits, the operational result fell from 4.6 to 2.9 billion euros in the annual comparison. However, special costs of 1.1 billion euros were incurred, for example for diesel scandal and CO2 provisions. Sales rose by 2.8 percent to 77.6 billion euros.
Flower: Plans for 2025 – questionable double role of the CEO
Despite the lousy numbers: “2025 is the year for us in which we accelerate,” confirms VW boss Oliver Blume in his previously published General assembly speech. In it, he announces 30 new models, the presentation of the electric small car family and the start of battery production in Salzgitter.
On the sidelines of the car show in Shanghai in April demanded flower Better framework conditions for e-mobility. At the same time, he questioned the combustion engine in 2035. Because of his double role as VW boss and Porsche boss, Blume is criticized, but it should stay that way until the end of the renovation.
Dividend: proposal for 2024 – counter -applications of the critics
Despite the problems, the shareholders do not want to hang the VW management and beats for the financial year A dividend of 6.30 euros per legitimate regular share and 6.36 euros per legitimate preferred share – after 9.06 euros (preferred share) the year before. The claim is due on May 21.
“This dividend proposal is a cheek,” said the critical shareholders in theirs Opposite application. Because of the crisis, the distribution is inappropriate. The executive floor should also be refused to relieve relief, for example due to cartel agreements and inadequate electric car strategy.
Between the USA and China-bad US breakdown statistics
There is an existential for VW and a customs cleaning between the USA and China for the German car industry. “Under no circumstances should China lose and the USA is not unimportant”, emphasizes Auto-Papst Ferdinand Dudenhöffer. The VW sales fell in China in the 1st quarter, increased in the USA.
Speaking of: for VW’s US sales of VW, the youngest JD-Power study be about the reliability of car brands in the USA. VW landed in last place among 31 competitors. Other German brands also weaken. The model year 2022.
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All information without guarantee for completeness, correctness and topicality. The text does not represent a trade recommendation or investment advice.