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Volkswagen AG Vorz-Inhaber-Akt ohne Stimmrecht - Stock Quote VOW3

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Morningstar's Volkswagen AG Vorz-Inhaber-Akt ohne Stimmrecht Stock Analysis

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Volkswagen Is One of the World’s Largest Automakers; Scale Enables Aggressive Electrification Plans

Richard Hilgert Senior Equity Analyst

Business Strategy and Outlook

| Richard Hilgert |

In our view, Volkswagen is successfully executing a global automotive strategy and has one of the most aggressive plans to transition to battery electric vehicles, or BEV, from internal combustion powertrains. A broad array of brands, serving multiple segments, reduces reliance on any one vehicle category. As one of the world's leading volume producers, Volkswagen's economies of scale from common platforms across a number of models enable cost savings unattainable by smaller competitors.

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Volkswagen AG Vorz-Inhaber-Akt ohne Stimmrecht's Company Profile

Business Description

Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services.

Berliner Ring 2
Wolfsburg, NI, 38440, Germany
T +49 536190
Sector Consumer Cyclical
Industry Auto Manufacturers
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type
Employees 668,294