How much is Volkswagen worth USD?
Volkswagen AG has a market cap or net worth of $49. January 22, 2025. Its market cap has decreased by -23. Porsche AG recently had an overall market cap of more than 80 billion euros. VW’s 75% ownership works out to a stake worth 60 billion euros. So, the Porsche AG and Traton stakes combined are worth 74 billion euros to Volkswagen. But the entire market cap for Volkswagen itself is only 62 billion euros.Tesla’s market cap per car sold is 112x higher than Volkswagen (sales data for last year). They never had a profitable year. Tesla completely turned the industry on its head with their electric cars – something dinosaur incumbents like Volkswagen were either unwilling or unable to do.Volkswagen looks strangely cheap. The company sold 9. Toyota Motor sold roughly 10 million cars, but sports a market capitalization of about $260 billion, according to FactSet.If we assume that the multiple shrinks to a more modest 30x by 2029, this could translate into a market cap of about $3 trillion for Tesla. Assuming a share count of about 3.
What is Volkswagen price to earnings?
According to Volkswagen’s latest financial reports and stock price the company’s current price-to-earnings ratio (TTM) is 3. At the end of 2022 the company had a P/E ratio of 3. Amongst the three largest auto manufacturing groups based in Germany, Volkswagen Group produced the most revenue from worldwide operations in 2023 with over 322 billion euros generated.The Volkswagen Group is one of the world’s leading vehicle manufacturing companies. In 2023, its namesake brand Volkswagen held six percent of the global automotive market, second only to Japan-based Toyota.Volkswagen delivered around 9. Volkswagen is the world’s second-largest motor vehicle manufacturer after losing its first spot to Toyota in 2020.
Who owns Volkswagen?
The Volkswagen brand is owned and managed by Volkswagen Aktiengesellschaft, also known as Volkswagen AG. The company is owned by the Volkswagen Group through its subsidiary Audi.Volkswagen’s third-quarter earnings missed expectations, pushing shares to a 24-year low. Europe’s biggest automaker faces rising costs, restructuring expenses, and slowing demand, particularly in China. Challenges in the EV market and regulatory pressures are straining profitability.Founded in 1937 by the German government to mass-produce a low-priced “people’s car,” Volkswagen Group, aka Volkswagen AG, whose headquarters are in Wolfsburg, Germany, is a leading German carmaker.The German automaker’s operating profit dropped to 2. Volkswagen’s operating margin declined to 3.Volkswagen AG’s deliveries declined last year as weak electric vehicle demand and intense competition in the key Chinese market dragged on sales. The German parent of brands including Audi, Skoda and Porsche delivered 9.
Is Volkswagen an expensive brand?
The study compared 30 popular auto brands over 10 years and found that a Volkswagen’s costs were lower than 21 other car brands. That means Volkswagen cars and SUVs are actually relatively cheap to maintain in the greater scheme of things. Volkswagen’s issues lie partly in its high fixed costs, which are worsened by an expensive home market and large investments in electric vehicles (EVs). The company has spent billions developing EVs and new technology to catch up with competitors, but the revenue has not followed.Ford cars are cheaper to repair than Volkswagens and, according to WhatCar? However, when comparing the cheapest model in each category, Volkswagen won three out of five. If repair costs are a big concern, buying a Ford is the best option.The main reason cited is weak demand for the company’s electric vehicles. However, I believe the situation is straightforward: it is increasingly difficult for VW and BMW to compete with cheaper, yet equally high-quality alternatives from Asia, where both labor and materials are less expensive.In a list of 30 popular auto brands, Volkswagen’s service costs were lower than those of 21 different brands over ten years. That means Volkswagen cars and SUVs are relatively inexpensive to maintain compared to other brands. Why are VW repair costs so low?
Is Bugatti owned by Volkswagen?
Bugatti Automobiles S. A. S. French pronunciation: [bygati]) is a French luxury sports car manufacturer. The company was founded in 1998 as a subsidiary of the Volkswagen Group and is based in Molsheim, Alsace, France. Yes, Volkswagen took over the company to breathe new life into the brand. As of 1999, Bugatti automobile SAS became an official branch of Volkswagen – stationed back in its original headquarters of Alsace. Volkswagen was at the helm when Bugatti released the popular Veyron and Chiron models.
Why is Volkswagen share price so low?
Volkswagen’s third-quarter earnings missed expectations, pushing shares to a 24-year low. Europe’s biggest automaker faces rising costs, restructuring expenses, and slowing demand, particularly in China. Challenges in the EV market and regulatory pressures are straining profitability. Volkswagen has reported a 60% drop in profits amid a slump in sales in China, with the carmaker emphasising the difficulties it faces as it prepares to close factories in Germany for the first time.Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans. Operating profit fell to 2.Volkswagen Group sales revenue increased due to strong business development in Financial Services. Sales revenue in the automotive business almost stable with a slight decline in vehicle sales worldwide.Volkswagen is grappling with mounting financial troubles, signalling a worsening situation in its global manufacturing operations. With two profit warnings in three months, the automotive giant faces falling EV sales, factory underutilisation, and tariff threats from China.