ok. Lets help you here We are speaking for Volkswagen. The new market leader in a few years and the company with the biggest potential in the segment (along with BMW probably). Volkswagen hat 6,08 bil euros EBIT in 1H (1H 2010 2,84 bil euros)
Net equity 53,02 bil euros (ABOVE the current market capital !!!)
19,4 bill. net LIQUIDITY. Toyota is losing ground. There are many reasons. Technical problems, the claims against her in USA, the tsunami, ugly models (yep this is a serious problem also). And something that noone says. The radiation in Japan averts many buyers from buying Japanese products. Irrational or not, its a REALITY. Look at Lexus. Its now a zombie in USA. BMW, Daimler and Audi have made Lexus a company to laugh at. Volkswagen will be UNDOUBTFULLY the global market leader. I assume sooner than 2018. I will predict that this will happen @ 2015 or sooner !!! Volkswagen is also an earnings leader. With 6,08 bill euros EBIT in the 1 Half of 2011, the target of 12 + billions euros for the year is easy to be fulfilled. So 12 bill euros in EBIT for the year. Equity @ 53,02 bill !!! ABOVE market capital. Net liquidity 19,4 billions euros I made a research about the sales in September 2011 vs September 2010. Look at the facts Germany VW September 2011 sales + 17 % !!! Audi + 20% Seat +49% Skoda only minus -0,1% Total VW group sales for September @ 106,37 thousand cars or up + 20% !!!!! USA September sales VW sales 27,04 thous. cars or + 35% @ September 2011 vs september 2010
Audi 9,72 thous. cars or + 19% !! Russia Septemb
VW sales up 96 % vs September 2010 !!!! United Kingdom VW Group sales up + 19% @ 62,34 thous. cars vs 52,05 thous. cars September 2010 (VW +18%, Audi + 17%, Seat +23%, Skoda +27% !!!!) France September VW Group sales up + 15 % in September 2011 vs September 2010 !!! @ 21,26 thous. cars (VW +10%, Audi + 20%, Seat +12%, Skoda + 38%) The same for Netherlands, Canada, Austria etc. The only countries with problems for the VW group are Italy ( -2% for the group) and Spain. The VW group has increased its sales + 20% in ALL the major markets even in September 2011 vs September 2010. With all the turmoil in the markets, VW group is simply outperforming the market for many reasons. Quality, Audi (Audi is skyrocketing), Toyota and Japanese problems usw. I could not find only the statistics from China (an important market). If in China a + 10% was achieved, then we are talking for sales in September + 14%-15%. With ALL the turmoil in the markets in September and VW was simply outperfoming. +20% in all the major markets !!!
I am waiting for the 3Q results @ 27 October. VW will simply skyrocket when the problem with Greece will be solved. And it will be solved. Dont worry. Ireland has TOTALLY escaped the crisis ( dont forget Ireland is no2 in export surplus below the undisputed no1 Germany !!! yep ! Ireland has a huge trade surplus). Portugal is also in good shape with the measures. Greece is a problem but DONT BE STUPID. Europe alone and the WHOLE WORLD will not let the global economy to live a Lehman Brothers no2 because of Greece, a country with 2% of Europes GDPs and 0,4% of the world's GDP. The WHOLE WORLD will help and Europe alone can solve the problem. VW wil skyrocket. Resume 1H EBIT 6,09 bill euros (vs 2,84 bill euros in 2010). Estimate for the year as a whole. 12 + bill euros in EBIT. Equity @ 53,02 bill euros (above market capital) Net liquidity 19,4 bil euros !!! No1 in a few years. Competitors with plenty of problems. September 2011 sales in the major markets + 20% vs September 2010 !!!! Look at the stats ( i could not find China. Whoever can, please help me) Crisis ? What crisis ? There is NO crisis for VW group. Dont worry.
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