{ "as_of": "2026-11-06", "cmr": "de-cm-kg/XETRA/VOW3", "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.", "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# VOLKSWAGEN AG VZO O.N. (Xetra: VOW3) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is VOLKSWAGEN AG VZO O.N., listed on Xetra under ticker VOW3, with ISIN DE0007664039 and LEI 529900NNUPAGGOMPXZ31. Its security type is Corporate and its segment is DAX. The sector is not on the record, as the Xetra instruments file carries index membership and not a sector classification. Its jurisdiction is Germany (Handelsregister HRB). The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 4 filings in the twelve months to 2026-11-06, on 3 filing days. The median gap between filing days is 51.5 days. The latest filing is dated 2026-11-02, 4 days before the record date, and is a newswire release. The filings are 1 ad hoc, 1 corporate news, 1 dividend and 1 newswire release. The exchange median for Xetra is 6 filings, a cadence gap of 22.8 days and a latency of 5.5 days across 419 issuers. The sector median is not on the record for DE.\n\n## Auditor\n\nThe auditor of record is PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft. Its location is not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag shows the issuer as listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable for Professionelle Kunden, Privatkunden or Geeignete Gegenparteien. The rule states a product scope, and no scope object's bridge holds ISO 10962 EP, nor names the subject's class, so the subject is not shown within the scope. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's own investor-relations page.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe vintage of the market is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/529900NNUPAGGOMPXZ31 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/VOW3 (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://www.vw-group.pl/data/strony/72/o/2026-03-10-volkswagen-group-annual-report-2025-en.pdf?20260904= (the auditor)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.de-cm-kg.ai/record/XETRA/VOW3 (the record)\n", "market": "DE", "node": "de-cm-kg", "numbers": { "as_of_depth": { "issuer_years_sealed": [], "live_record_began": null, "node_history_from": null, "node_years_sealed": [], "note": "the DE vintage is not sealed; the record is the live record as of 2026-11-06", "record_version": 1, "sealed": false }, "auditor": { "auditor": { "read_by": "read by ChatGPT (batch)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.vw-group.pl/data/strony/72/o/2026-03-10-volkswagen-group-annual-report-2025-en.pdf?20260904=", "state": "filled", "value": "PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft" }, "auditor_firm_id": { "market": "DE", "state": "not_on_record" }, "auditor_location": { "market": "DE", "state": "not_on_record" }, "changes": { "market": "DE", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" } }, "cmr": "de-cm-kg/XETRA/VOW3", "coverage": { "count": 0, "houses": [], "pages_checked": [], "read_by": "Perplexity sonar (search) · page read by this rail", "read_date": "2026-11-12", "since": null, "state": "none_found" }, "disclosure": { "against": { "exchange": { "issuers": 419, "median_cadence_gap_days": 22.8, "median_filings": 6, "median_latency_days": 5.5, "name": "Xetra" }, "sector": { "market": "DE", "state": "not_on_record" } }, "by_type": { "ad_hoc": 1, "corporate_news": 1, "dividend": 1, "newswire_release": 1 }, "cadence_median_gap_days": 51.5, "filing_days": 3, "filings": 4, "latency_days": 4, "latest": [ { "category": null, "date": "2026-11-02", "source": "https://www.prnewswire.com/news-releases/les-investisseurs-en-obligations-volkswagen-group-of-america-finance-llc-144a-peuvent-avoir-droit-a-un-paiement-provenant-dun-fonds-de-distribution-de-la-sec-302924276.html", "title": "Les investisseurs en obligations Volkswagen Group of ...", "type": "newswire_release" }, { "category": null, "date": "2026-11-02", "source": "https://www.prnewswire.com/news-releases/investors-in-volkswagen-group-of-america-finance-llc-144a-bonds-may-be-entitled-to-a-payment-from-an-sec-distribution-fund-302922710.html", "title": "Investors in Volkswagen Group of America Finance, LLC 144A Bonds may be entitled to a Payment from an SEC Distribution Fund", "type": "dividend" }, { "category": "ad-hoc", "date": "2026-09-03", "source": "https://www.eqs-news.com/news/ad-hoc/porsche-automobil-holding-se-supervisory-board-of-volkswagen-ag-approves-comprehensive-transformation-roadmap-of-volkswagen-group/217c27b0-4efe-4555-92d8-f4e8f4856972_en", "title": "Porsche Automobil Holding SE: Supervisory board of Volkswagen ...", "type": "ad_hoc" }, { "category": "corporate", "date": "2026-07-22", "source": "https://www.eqs-news.com/news/corporate/sdk-erhebt-klage-gegen-beschlusse-der-volkswagen-hauptversammlung-2026/b8c874a0-1e1c-41b1-8d8b-b820a2c62eea_de", "title": "SdK erhebt Klage gegen Beschlüsse der Volkswagen ... - EQS News", "type": "corporate_news" } ], "latest_filing_date": "2026-11-02", "read": "the node's event lines (list_events_since), as get_filings serves them", "source": "https://mcp.de-cm-kg.ai/events/XETRA/VOW3", "window": { "from": "2025-11-06", "to": "2026-11-06" } }, "identity": { "exchange": { "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)", "state": "sourced", "value": "Xetra" }, "isin": { "read_by": "Xetra all-tradable-instruments file (exchange list, daily)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)", "state": "confirmed", "value": "DE0007664039" }, "jurisdiction": { "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://api.gleif.org/api/v1/lei-records/529900NNUPAGGOMPXZ31", "state": "sourced", "value": "Germany (Handelsregister HRB)" }, "lei": { "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN", "read_date": "2026-11-09", "read_date_basis": "the field", "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN DE0007664039)", "state": "sourced", "value": "529900NNUPAGGOMPXZ31" }, "name": { "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)", "state": "sourced", "value": "VOLKSWAGEN AG VZO O.N." }, "sector": { "market": "DE", "reason": "the Xetra instruments file carries index membership, not a sector classification", "state": "not_on_record" }, "security_type": { "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)", "state": "sourced", "value": "Corporate" }, "segment": { "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)", "state": "sourced", "value": "DAX" }, "ticker": { "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)", "state": "sourced", "value": "VOW3" }, "website": { "market": "DE", "state": "not_on_record" } }, "licensed": { "columns": [ "licensor", "entitlement", "title", "date", "source" ], "rows": [], "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded." }, "lifecycle": { "delisting": { "market": "DE", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "domicile_change": { "market": "DE", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "listing": { "market": "DE", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "name_change": { "market": "DE", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "segment_move": { "market": "DE", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" } }, "market": "DE", "node": "de-cm-kg", "numbers_hash": "sha256:ac1da275271fed0311b1929b322bf5ba9b4078aef7518d0630ae2287b54113e4", "open_research": { "read_date": "2026-11-12", "rows": [], "state": "none_found" }, "orderability": { "chapter_as_of": "2026-11-04", "client_categories": [ "Professionelle Kunden", "Privatkunden", "Geeignete Gegenparteien" ], "outcomes": { "Geeignete Gegenparteien": { "determinable": false, "reason": "the rule states a product scope and no scope object's bridge (cfi_categories) holds ISO 10962 EP, nor names the subject's class: the subject is not shown within the scope", "signal": null }, "Privatkunden": { "determinable": false, "reason": "the rule states a product scope and no scope object's bridge (cfi_categories) holds ISO 10962 EP, nor names the subject's class: the subject is not shown within the scope", "signal": null }, "Professionelle Kunden": { "determinable": false, "reason": "the rule states a product scope and no scope object's bridge (cfi_categories) holds ISO 10962 EP, nor names the subject's class: the subject is not shown within the scope", "signal": null } }, "read": { "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group", "chapter": "https://mcp.de-cm-kg.ai/book/aio.json", "door": "https://mcp.de-cm-kg.ai/mcp", "tool": "get_orderability" }, "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1", "section": "de.aio.v13" }, "record": { "as_of": "2026-11-06", "url": "https://mcp.de-cm-kg.ai/record/XETRA/VOW3", "version": 1 }, "schema": "research-numbers v0.1 (USR-01, 2026-11-11)", "status": { "read_date": "2026-11-09", "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list", "value": "listed, not halted" } }, "numbers_hash": "sha256:ac1da275271fed0311b1929b322bf5ba9b4078aef7518d0630ae2287b54113e4", "path": "/de/XETRA/VOW3", "schema": "research-page v0.1 (USR-02, 2026-11-11)", "sections": [ { "id": "identity", "text": "The issuer is VOLKSWAGEN AG VZO O.N., listed on Xetra under ticker VOW3, with ISIN DE0007664039 and LEI 529900NNUPAGGOMPXZ31. Its security type is Corporate and its segment is DAX. The sector is not on the record, as the Xetra instruments file carries index membership and not a sector classification. Its jurisdiction is Germany (Handelsregister HRB). The issuer is listed and not halted.", "title": "Identity and listing" }, { "id": "disclosure", "text": "The record holds 4 filings in the twelve months to 2026-11-06, on 3 filing days. The median gap between filing days is 51.5 days. The latest filing is dated 2026-11-02, 4 days before the record date, and is a newswire release. The filings are 1 ad hoc, 1 corporate news, 1 dividend and 1 newswire release. The exchange median for Xetra is 6 filings, a cadence gap of 22.8 days and a latency of 5.5 days across 419 issuers. The sector median is not on the record for DE.", "title": "The disclosure read" }, { "id": "auditor", "text": "The auditor of record is PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft. Its location is not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet.", "title": "Auditor" }, { "id": "events", "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag shows the issuer as listed, not halted.", "title": "Events and halts" }, { "id": "orderability", "text": "The outcome is not determinable for Professionelle Kunden, Privatkunden or Geeignete Gegenparteien. The rule states a product scope, and no scope object's bridge holds ISO 10962 EP, nor names the subject's class, so the subject is not shown within the scope. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, with the chapter as of 2026-11-04.", "title": "Orderability" }, { "id": "coverage", "text": "No research houses were found on the issuer's own investor-relations page.", "title": "Coverage" }, { "id": "open_research", "text": "No openly published research notes were found on the record.", "title": "Open research" }, { "id": "licensed", "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.", "title": "Licensed" }, { "id": "depth", "text": "The vintage of the market is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.", "title": "As-of depth" }, { "id": "sources", "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.", "title": "Sources" } ], "sources": [ { "for": "identity.exchange", "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares" }, { "for": "identity.jurisdiction", "source": "https://api.gleif.org/api/v1/lei-records/529900NNUPAGGOMPXZ31" }, { "for": "identity.lei", "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download" }, { "for": "the disclosure lines", "source": "https://mcp.de-cm-kg.ai/events/XETRA/VOW3" }, { "for": "the halt flag", "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list" }, { "for": "the auditor", "source": "https://www.vw-group.pl/data/strony/72/o/2026-03-10-volkswagen-group-annual-report-2025-en.pdf?20260904=" }, { "for": "the orderability chapter", "source": "https://mcp.de-cm-kg.ai/book/aio.json" }, { "for": "the record", "source": "https://mcp.de-cm-kg.ai/record/XETRA/VOW3" } ], "title": "VOLKSWAGEN AG VZO O.N. (VOW3) — research page", "writer": { "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers", "engine": "claude-haiku-5-5" } }