At the start of the brand-new year, the Volkswagen Group continued to drag previous sales figures. Europe’s biggest auto group provided almost 700,000 automobiles worldwide in January, down 15.2 percent from the exact same month in 2015, according to info on Friday.
All areas remain in the red– specifically South America (-381%), however likewise the most essential market, China (-183%), where Volkswagen is presently partly listed below expectations in electrical designs, and house nation Western Europe (-3.9%). Compared to the start of 2021, shipment in North America were down 5%, and shipments in Central and Eastern Europe were down by more than a 5th.
Globally, the vehicle market still has significant problems getting adequate microchips and electronic elements. This decreases production and results in a stockpile of sales.
Porsche IPO– helpful for Volkswagen stock
Speculation about an IPO of cars subsidiary Porsche resurfaced a couple of days back. Reports are not brand-new. As early as completion of 2021, numerous media reported the possible listing of Volkswagen subsidiary Porsche. Supervisor Magazin and Reuters have actually currently reported on a possible October 2021 IPO strategy, and there has actually been no word on the subject because. “We have actually stated prior to that a different IPO for Porsche would be a huge offer for the Volkswagen Group. The business is the most lucrative brand name in the Volkswagen Group,” UBS expert Patrick Hummel stated on the matter.