Volkswagen Group: annual closing share prices 2013-2023

In 2023, Volkswagen's preference shares were valued at nearly 112 euros, while ordinary shares closed at nearly 118.5 euros. In both 2021 and 2019, Volkswagen’s shares were worth significantly more than one year earlier, though the 2022 and 2023 fiscal years did not follow this pattern, with the company's preferred stock closing at a lower value than they did in 2015, amid Volkswagen's diesel emissions scandal.

Effects on stock price

Shareholders of Volkswagen stock are experiencing continuous ups and downs. VW shares took a hit in 2015, when the manufacturer of light and commercial vehicles recorded an operating loss of more than four billion euros for the financial year. In September 2015, the United States Environmental Protection Agency issued a notice of violations to Volkswagen. The release of this paper led to a decline in value of Volkswagen's shares, and a lack of transparency from the board has cost VW further damage. Profits have recovered quickly and so did product sales, but litigations are still ongoing. Several firm representatives face legal action for intentionally withholding information from investors. In March 2021, share prices moved their quickest since Dieselgate, and upwards. Plans to construct massive battery cell manufacturing facilities triggered market interest.