VW Earns only 12 Euros per Car Sold
4 Articles
4 Articles
According to a study, the crisis-ridden German car manufacturer Volkswagen only has a profit of twelve euros per car sold. The Center of Automotive Management is responsible for its weak profitability, mainly due to special charges, which amount to 8.7 billion euros.
According to a study, special charges at Volkswagen virtually reduce the profit margin to zero. Therefore, the Group is not particularly well placed in earnings when calculating the additional charges.
According to an investigation, when a Volkswagen is sold, the Group earns almost nothing. However, it looks much better for two major German competitors.
These figures will be listened to by the board of directors and employees as well as by shareholders: according to a study, the crisis-ridden car manufacturer Volkswagen only earns twelve euros per car sold.
Coverage Details
Bias Distribution
- 75% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
