How to buy Volkswagen AG shares?
Volkswagen started under Hitler: everyone in Germany should own a car according to him. Fortunately, the famous man with a moustache is a thing of the past and the company fits in well within our free society. Do you want to benefit from the success of this big car company? That is possible by buying Volkswagen shares! In this article we discuss how you can invest in Volkswagen. You can also consult the company’s stock price here.
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Active investors can benefit from both positive and negative news. For example, the company was involved in a major emissions’ scandal. The company reported wrong figures, making the cars seem more environmentally friendly than they actually were. As a result, the company’s share price fell sharply. If you owned Volkswagen stocks at that time, you would have lost a lot of money. With a short position, every price drop can be a profit.
A good party to actively trade in Volkswagen is Plus500. Plus500 is a trusted broker that allows you to speculate on Volkswagen’s stock price with CFDs. The user-friendly software offers plenty of opportunities to manage your trades professionally. Would you like to try the software yourself? Then open a free demo account with Plus500:
What is Volkswagen’s stock price?
Do you want to know what Volkswagen’s current CFD stock price is? Understandable! In the chart you’ll see all the information you need right away! Moreover, you can open an investment position directly by using the buttons.
Is it smart to invest in Volkswagen?
An investment in Volkswagen can certainly turn out well. As a result of the emissions’ scandal, the stock price has fallen sharply. However, the company still enjoys enough popularity. Moreover, Volkswagen has the ambitious goal of producing 3.5 million electric cars by 2025. This will enable the company to restore its reputation and create a greener image.
However, you should keep in mind that the emissions’ scandal can still lead to unexpected costs. Lawsuits are still pending and the company may still receive fines. In addition, compare the company with the competition to determine if the company can still compete with the other car manufacturers.
Investing in Volkswagen: the steps
Before you can make your first investment in Volkswagen, you need to go through a few steps. For example, it is important to find a reliable and relatively cheap broker. You do this by comparing the different providers with each other. Opening an account normally takes little time. However, you do need to confirm your identity to combat money laundering.
Within the software of your broker you can then find the Volkswagen share. Perform an extensive analysis to determine whether it is smart to invest in the share. You can, for example, apply a technical or fundamental analysis. Then determine for what amount you want to purchase the stocks.
You can place the order using a market or limit order. With a market order, you buy the shares at the current market price. With a limit order, you can buy the shares at a certain price. This way you benefit from maximum flexibility! For active traders it can also be smart to set a stop loss. By using a stop loss, you automatically close the trading position at a certain loss.
Evaluate your investment position regularly to determine whether the share still suits your strategy. If this is not the case, you can easily sell it on the stock exchange. Good luck with your investment in Volkswagen!
About the company Volkswagen
The German multinational car manufacturer Volkswagen AG, better known worldwide as the Volkswagen Group, is headquartered in Wolfsburg. The company designs and manufactures passenger cars, commercial vehicles and motorcycles. The company also offers related services such as leasing, financing and fleet management.
In terms of sales, the company is the largest car manufacturer in the world since 2016. In Europe, the company has had the largest market share for more than two decades. Volkswagen Group is one of the largest companies in the world. The Global Fortune 500 list is a list of the largest companies in the world. The Volkswagen Group ranks 7th on this list.
The establishment of Volkswagen
In 1937, a car company was opened by the German government. Hitler was in charge at that time. He wanted to design an affordable family car. This fitted in with his plans to expand the German road network.
During an exhibition in Berlin in 1939 the first KdF (Kraft durch Freude) car was shown. The passenger car developed by the consultancy firm of Ferdinand Porsche was called the Volkswagen Beetle. After the outbreak of the Second World War the company stopped making passenger cars. During the war military vehicles were produced instead.
The success of the beetle
The Volkswagen factory in Wolfsburg was heavily bombed at the end of the Second World War. In 1946, the partly still broken-down factory produced a thousand cars a month already. These cars were produced under the name Wolfsburg Motor Works which was later changed to Volkswagen.
The factory was offered to American, British and French car manufacturers. However, they didn’t see anything in the weird little convex car. Nevertheless, the Volkswagen Beetle became a success. In 1955, the millionth car was produced. In 1972, the Volkswagen Beetle passed the T- Ford as the most produced car in the world: a total of 21,529,464 Beetles were built.
1974 was the year in which Volkswagen introduced the Volkswagen Golf to the market. This popular car is still a success. This car had, unlike the Beetle, a water-cooled engine at the front. In 2002, more Golfs than Beetles were produced. Next to the Golf the smaller Polo, the Scirocco and the Passat appeared on the market. In 1998 Volkswagen released the New Beetle. However, this contemporary version of the Volkswagen Beetle did not have the success expected by the company.
Volkswagen and the emissions scandal
In the autumn of 2015 Volkswagen was discredited. It turned out that the company had been tampering with tests for diesel engines for years. By providing the diesel engines with prohibited software, they were much cleaner when tested in the laboratory than when used on public roads.
Because of the emissions’ scandal, Volkswagen had to pay billions in fines. A fine of 1 billion was paid to the German authorities in 2018. In 2017, an American judge had already fined the company 2.7 billion euros.
This scandal had a major effect on the share price. As an active trader, you can profit from negative news by taking a short position. For long-term investors, it can be an attractive moment to buy Volkswagen stocks.
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When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.