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Volkswagen Stock Is Practically Free, and Rivian Is Cheap. Valuations Can Make No Sense.

Por: MarketWatch Business March 03, 2023

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The German auto giant’s stock might be getting a boost because its annual dividend is rising about 16% to EUR8.70 per ordinary share from EUR7.50 a year earlier. Another possible factor: VW expects to delivery about 9.5 million vehicles in 2023, up from about 8.9 billion in 2022. Still, none of that is much of a surprise, given what (STLA) and other U.S. and European auto makers have reported. It is VW’s valuation that deserves a closer... + full article



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