What do you think of the Volkswagen $VWA.BR+0.4%? YTD the stock price is down almost 20%. Is it the right time to buy?

VWA.BR

Volkswagen AG

VWA.BR
€125.00 €0.50 +0.40%

There are plenty of better and more attractive car companies on the market, so $VOW3.DE+2.2% seems unnecessary to me.

I'm taking my hands off. I've got $P911.DE+4.5% and those aren't doing so well right now either and I'm in the red there, but I'm not so worried about those.

They're not doing so well right now, but I don't see it as black as others. I won't buy now and will wait to see what the next results are and then decide whether to buy or not.

The stock may have fallen quite a bit, but it's also good to say why. $VOW3.DE+2.2% will now be closing factories and the results will be even worse than they were. I'm not buying.

I'd be careful here. While it is a nice discount, VW is currently facing quite a few issues that are being addressed in the media, as colleagues have written here. Overall, I would take the automotive sector with a bit of a grain of salt right now and wait for some more positive news, of which there hasn't been much lately.

The price may be low, but the question is whether this is a good opportunity. The company has big problems now that will take a long time to solve. I certainly won't be buying their stock now.

Now they have enough problems and they have to solve them. I don't really invest in car companies.

So far they have enough problems and they have to deal with it. I'm not getting into this sector at all. Maybe even in a bigger downturn I wouldn't care so much, but that's because I'm not a sector specialist. For many others, it may be par for the course.

So here I would probably apply the lesson, don't catch the falling knife (where it stops is not clear, if the European automotive catches panic so it can go much lower ) and rather wait until it goes up again and it will have a clear cause. The introduction of solidstate battery for example 😉.

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