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Buying Audi Stock
As stated previously, Audi is owned by the Volkswagen group, which also
owns Skoda a Czech auto company not sold in the US and SEAT their Spanish
subsidiary which is also gaining ground but not in the USA. Buying VW stock
looks promising for a car company, but car companys typically don't gain
alot.
Second you have the exchange rate to deal with. VWAG does not trade on the
NYSE or NASDAQ. They trade on the german market. Any good broker can get
you info and picking up a Wall Street Journal should help you out finding
the current price and exchange rate. I've heard the German MArk is at a
good exchange rate right now, lower than it has been in a while, but I do
not know. Good luck and keep us updated.
Later-G