Morningstar
•
Jan 20, 2025
Volkswagen AG: Volkswagen: Large Cost Savings Promised Without Factory Closures, We Remain Skeptical on Execution
Symbols
VWAGYSector(s)
Consumer Cyclical
Rating
Current Price
9.43
Fair Value
Economic Moat
Stewardship
Summary
Volkswagen is the second-largest automotive original equipment manufacturer by vehicle sales globally, selling 9.4 million vehicles in 2023. 80% of group revenue is generated by its four vehicle segments—core (Volkswagen, SEAT, Skoda, and VW commercial), progressive (Audi,
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