Today was the Volkswagen $VWAP.BR+0.3% conference where the CEO spoke about the future of the group.
In my opinion, nothing revolutionary or surprising was said. Rather, it confirmed the direction Volkswagen will take in the coming years.
I got the impression from the conference that it was primarily aimed at shareholders, not to reveal any news.
Here I will highlight a few key pieces of information:
- Adapting to the specific needs of individual markets (America, China, India)
- Starting price ID.2 will be below €25,000 (mentioned again)
- Aiming for rapid margin expansion also thanks to new battery factories
- Audi's smooth transition to electromobility
- Maintaining the strong position of luxury brands (Bentley, Porsche, Lamborghini)
- Affordability and competitiveness
I am attaching some of the presented pictures below.
Great, thanks for the info. I like the company quite a bit, however I would like to shop lower at least around $105.
Cool, I also like that they want to keep a strong presence in those luxury brands. I asked here a couple of weeks ago for opinions of car companies because I'm completely out of the loop in this industry and VW was rated positively by me, even more so along with Toyota. I'm considering VW more and more, do you have it in your portfolio too? 😊
VW is a good company that can adapt to customers and new trends. I'm quite curious about their EV bus.