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Volkswagen AG

CFD on the Volkswagen (VOW.DE) stock quote

Product Type: Stock CFD
Sector: Consumer Discretionary	Industry: Automobiles & Components
Country: Germany	Currency: EUR
Trading Hours: According to market	Measurement Unit: Shares

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Description:

Volkswagen Aktiengesellschaft is a company headquartered in Wolfsburg, Germany, that sells and manufactures vehicles mostly in Europe, North America, South America and the Asia-Pacific markets. The company was founded in 1937. The Volkswagen Group is one of the leading car producers in the world and recorded sales revenue of €217.3 billion ($229.4 billion) in 2016. The company is divided into 4 parts: Passenger cars, Commercial Vehicles, Power Engineering and Financial Services.

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Interesting Facts:

In September 2017, Volkswagen announced plans to launch 23 all-electric models by 2025, anticipating 2 to 3 million yearly sales - the company describes itself, however, as a “second mover” in electric cars, for now.
In 2012 the company completed the acquisition of German carmaker Porsche.
In 2017 the company announced that it delivered 10.3 million vehicles in 2016.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. You do not own, or have any interest in, the underlying assets. Fortrade Canada Limited is an Order Execution Only broker, and does not provide investment advice or recommendation. Fortrade is a member of the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Residents of Alberta province are required to be Accredited Investors to trade CFDs.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Read full risk warning.

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