Today was the Volkswagen $VWAP.BR conference where the CEO spoke…

· Jun 21

Today was the Volkswagen $VWAP.BR 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.

A community member's personal view, not investment advice. Community Guidelines

Bill Combs @billcombs Jun 22

Great, thanks for the info. I like the company quite a bit, however I would like to shop lower at least around $105.

Rickie Reeve @rickiereeve Jun 22

105$ would be really nice, but I'm almost convinced we won't look that low unless the fundamentals change. The last time we were there was in the covid downturn, or 2015.

Monday Dayton @mondaydayton Jun 21

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? 😊

Rickie Reeve @rickiereeve Jun 21

8% of my portfolio is Volkswagen. I wouldn't be afraid to even dilute if the price is close to $116.

Steve James @stevejames Jun 21

VW is a good company that can adapt to customers and new trends. I'm quite curious about their EV bus.

European stocks slip as rising yields fuel rate hike fears