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Just some of the incredible speakers joining us NEXT WEEK at the 21st #ALSCEurope! 19-21 March Bonn, Germany https://bit.ly/49JRmxp You'll hear exclusive insights from representatives at JLR, Robert Bosch, Ford Motor Company, ASTON MARTIN LTD, AUDI AG, Renault Group, Toyota Motor Corporation, BMW Group, Mercedes-Benz AG, Volkswagen Group... and many more. Don't miss your opportunity to join your peers. #ALSCEUROPE #ALSCLIVE #AutomotiveLogistics #SupplyChainLogistics #SupplyChain
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🚗📈 Volkswagen AG ($VOW) stands as a beacon of excellence in the automotive industry, consistently showcasing impressive growth and innovation. Recently, VW reported robust financial results with a revenue of €62.7 billion in Q1 2024, reflecting their strong market position and consumer trust. Their strategic investments in defense technology further diversify their portfolio, demonstrating their commitment to innovation and long-term growth. 🌍🔋 Volkswagen's success isn't just limited to their namesake brand. They own an array of renowned car brands, including Audi, Porsche, Lamborghini, and Bentley, each contributing significantly to their market strength and revenue streams. This diverse brand portfolio ensures a wide market reach and resilience against market fluctuations. Investing in VW stock is not just about backing a leading automaker; it's about supporting a dynamic company with a vision for a sustainable and innovative future. 🚘🌱 #Volkswagen #Investing #AutomotiveIndustry #Innovation #Sustainability #StockMarket #VWGroup
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Business Development Executive at GlobalData Plc - Allowing OEMs and Tier 1 & 2 Suppliers Identify Opportunities, Mitigate Risks and gain a Competitive Advantage
***Porsche AG 2023 numbers up*** > Porsche Group full year revenue rose 7.7% to EUR40.5bn while operating profit was up 7.6% to EUR7.3bn. > Operating return was flat at 18% with the automaker noting that was “despite disruptions to global supply chains, significant inflation and exceptionally high investments in digitalization, product and innovation portfolios and the brand experience”. > "Our strong results are due to the high demand for our attractive products and our strict cost discipline,” said finance head Lutz Meschke. > Chairman Oliver Blume promised: “2024 is going to be a [record] year of product launches.” > Porsche expects operating return on sales of 15% to 17% for full year 2024, assuming revenue of EUR40bn to EUR42bn. #future #success #automotive #porsche
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🚨 Volkswagen Factory Closure: A Turning Point for the German Automotive Industry 🚨 Volkswagen's decision to potentially close a major plant in Germany for the first time in 87 years highlights the mounting economic pressures and fierce competition in the EV market. This move could reshape the entire automotive landscape in Europe. Read More: https://lnkd.in/ehsRtaEE #Volkswagen #FactoryClosure #Germany #AutomotiveIndustry #EV #Competition #EconomicPressure #Reshape #Europe #TurningPoint #IndustryShift #JobLoss #FutureOfCars #ElectricVehicles #MarketDisruption #IndustryTransformation
Volkswagen Factory Closure: What’s Happening in the European Car Market?
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💪 Three aspects give us confidence for 2024 - that is the message from today's Annual Media Conference. ✅ The debut of our electric premium platform #PPE in Porsche and Audi models, which stands for performance, flexibility and scalability in the premium & luxury segments. ✅ A record number of #product #launches with more than 30 models, including new electric cars such as the Porsche AG Macan Electric, the AUDI AG Q6 e-tron, the Volkswagen ID.7 & ID.7 Tourer and the CUPRA Tavascan. ✅ Strong #regional #strategies in China, North America and Europe, which are further unfolding to increase our robustness. Our CEO Oliver Blume says: "With inspiring products and a clear, strategic focus on implementation, we are looking confidently into the financial year 2024. Volkswagen Group is entering the long-distance race of transformation from a position of strength. At the same time, we are aware of our challenges and are tackling them consistently to leverage the enormous potential of Volkswagen Group." 👀 Stay tuned for more insights into our strategy in the coming days!
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The “Volkswagen Group Essentials“ are the common foundation of our corporate culture. They are, in a way, our constitution and describe what the Volkswagen Group stands for in all our brands and companies, in all countries - what we stand for. #VWGS #VWGSIberia #VWGroupEssentials
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#newsoftheday Volkswagen may close Brussels factory as low demand hits AUDI AG The costs of finding an alternative use for the plant or closing it will have an impact totalling up to 2.6 billion euros (USD 2.8 billion). #internationalfinance #volkswagen #brusselsfactory #audidemand #automotiveindustry #factoryclosure #europeanautomakers #carproduction #economicimpact #joblosses #automotivechallenges
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