Volkswagen: Current Developments
Bonds and Financing
Volkswagen recently completed a third Panda Bond issuance worth Renminbi 2.5 billion. These bonds are denominated in Renminbi and issued by an entity outside China. The bond has a maturity of two years and a fixed annual coupon of 2.0%.
An additional bond from Volkswagen Finans Sverige AB was issued on June 11, 2025, and is tradable until September 11, 2025.
Business Development
Volkswagen’s Annual General Meeting decided in May 2025 to declare a dividend of 6.36 euros per preferred share, representing a reduction of about 30% compared to the previous year. This is due to a collapse in profits and ongoing special effects. Nevertheless, Volkswagen managed to increase its revenue in the first quarter of 2025 by 2.8% to 77.6 billion euros, even though operating profit fell. Furthermore, Volkswagen plans to deliver robotaxis next year and enter the self-driving vehicle market.
AMD: Potential in the Technology Market
Although there are no specific details on AMD bonds or current company developments, AMD remains relevant in the context of bonds and investment strategies. Technological innovations and market developments in the semiconductor sector could be attractive for investors.
Impact on Investors
Investors should closely monitor the current developments at VW and AMD to make informed decisions. VW’s bonds may offer attractive returns, while the dividend cut could be disappointing. The economic conditions in Europe and China influence both VW and potentially AMD.