StockWatch: Volkswagen, Not Voltswagen

0 174

German carmaker Volkswagen​ will not change its name to Voltswagen​ in the US despite earlier saying it would in a press release.

The name change was, in fact, an April​ Fool​’s joke that was leaked to the media several days early by mistake.

Meanwhile, Daimler​’s performance over the last year has been significant, as shares have surged more than 170​%.

However, their legal risks around emissions​ still linger as the company agreed last year to pay out about $2.2bn in penalties and settlements to resolve diesel​ issues in the US.

Will this hamper the surge to record highs?

Timestamps
– VOWG​: 01:50​
– DAIG​: 03:10

Join our responsible trading community - Open your Orbex account now! 

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

Leave A Reply

Your email address will not be published.