VOW3.DE Stock Today: March 23 — 50,000 Cuts Plan, China Model Praise
Volkswagen stock today is in focus after CEO Oliver Blume reaffirmed deep restructuring and praised China’s planned economy approach. The VOW3.DE share last closed at €85.68, well below the 50-day average of €99.11 and the 200-day average of €96.98. Year to date, the share is down 19.60%. Valuation remains low at 6.37x EPS with a 7.45% dividend yield. With EU EV tariffs in play and cost cuts targeted through 2030, investors in Germany weigh risks and value.
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