Financial Analysis and Strategic Forecast of Volkswagen

Research Article
Open access

Financial Analysis and Strategic Forecast of Volkswagen

Runnan Zheng 1*
  • 1 Central University of Finance and Economics    
  • *corresponding author 2020910039@email.cufe.edu.cn
Published on 10 November 2023 | https://doi.org/10.54254/2754-1169/42/20232107
AEMPS Vol.42
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-83558-105-6
ISBN (Online): 978-1-83558-106-3

Abstract

As one of the important components of world economic development, the automobile industry has broad prospects. The automobile industry is the future direction of development, with the improvement of living standards, the demand for buying cars is also increasing. Therefore, the market demand for automobiles remains high, which also drives the development of the later service market. Moreover, even though the automobile industry is a highly competitive industry, it is also an industry with rapid development. As one of the leaders in the automotive industry, Volkswagen has attracted the attention of many investors. This paper mainly analyzes the 2022 fiscal year of Volkswagen, including whether the accounting policy conforms to the operational background, compares the profitability, solvency, and operational ability of Porsche, Honda, BMW, and Mercedes-Benz, and pays attention to the future development prospects of Volkswagen, and draws the conclusion that Volkswagen is a company worth investing in for the investors.

Keywords:

accounting analysis, performance evaluation, strategic forecast

Zheng,R. (2023). Financial Analysis and Strategic Forecast of Volkswagen. Advances in Economics, Management and Political Sciences,42,185-191.
Export citation

References

[1]. Lu, Y. F.: General Motors and Volkswagen Investment Value Comparative Analysis. China Storage and Transportation, (264), 83-84 (2022).

[2]. Tian, Y.: Volkswagen releases 2030 Strategy: Autonomous Driving Changes the world. New Energy Vehicle News (2021).

[3]. Zhu, S.: Volkswagen Group in Fiscal Year 2019 Successful MSC. International Business (2020).

[4]. Volkswagen Group Achieves Solid Financial Performance, Laying a Solid Foundation for Profit Increase in Key Markets. Xinmin Evening News. https://baijiahao.baidu.com/s?id=1760869588813218472&wfr=spider&for=pc, last accessed 2023/06/15.

[5]. Volkswagen 2022 Annual Report. https://annualreport2022.volkswagenag.com/, last accessed 2023/06/15.

[6]. Mercedes-Benz 2022 Annual Report. https://group.mercedes-benz.com/investors/reports-news/annual-reports/2022/, last accessed 2023/06/15.

[7]. BMW 2022 Annual Report. https://www.press.bmwgroup.com/global/article/detail/T0410919EN/bmw-group-report-2022?language=en, last accessed 2023/06/15.

[8]. Porsche 2022 Annual Report. https://investorrelations.porsche.com/en/, last accessed 2023/06/15.

[9]. nda 2022 Annual Report. https://global.honda/investors/, last accessed 2023/06/15.

[10]. Analysis of Volkswagen Group's 2022 Financial Results: Sales Decline, Profits Increase, Investment in the Next Five Years €180 Billion. National Business News. https://baijiahao.baidu.com/s?id=1760404114946920556&wfr=spider&for=pc, last accessed 2023/06/15.

[11]. Supply Chain Snarl, Recession Threat, 2022 Tough for Auto Makers! Volkswagen: Missed Full-Year Cash Targets Due to Supply-Chain Issues. FX168 Financial Group. https://www.sohu.com/a/638523661_557006, last accessed 2023/06/15.

[12]. Gu, S. Y.: The Development and Transformation of MNC’s Direct Investment in China—Illustrated by Volkswagen Group. Business and Globalization (2020).

[13]. Li, X.: Ten big things for Volkswagen Group to do in the next 10 years. Auto Business Daily (2021).

[14]. Li, H.Q. Xu, T. Ning, L. J.: Development status and trend of intelligent connected automobile industry. Motorcycle Technology (2019).

[15]. Liu, M. J.: Status and development of quality system certification in international automobile industry. Time Auto (2021).

Cite this article

Zheng,R. (2023). Financial Analysis and Strategic Forecast of Volkswagen. Advances in Economics, Management and Political Sciences,42,185-191.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

Disclaimer/Publisher's Note

The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.

About volume

Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development

ISBN：978-1-83558-105-6(Print) / 978-1-83558-106-3(Online)
Editor：Canh Thien Dang
Conference website: https://www.icemgd.org/
Conference date: 6 August 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.42
ISSN：2754-1169(Print) / 2754-1177(Online)

© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open access policy for details).

References

[1]. Lu, Y. F.: General Motors and Volkswagen Investment Value Comparative Analysis. China Storage and Transportation, (264), 83-84 (2022).

[2]. Tian, Y.: Volkswagen releases 2030 Strategy: Autonomous Driving Changes the world. New Energy Vehicle News (2021).

[3]. Zhu, S.: Volkswagen Group in Fiscal Year 2019 Successful MSC. International Business (2020).

[4]. Volkswagen Group Achieves Solid Financial Performance, Laying a Solid Foundation for Profit Increase in Key Markets. Xinmin Evening News. https://baijiahao.baidu.com/s?id=1760869588813218472&wfr=spider&for=pc, last accessed 2023/06/15.

[5]. Volkswagen 2022 Annual Report. https://annualreport2022.volkswagenag.com/, last accessed 2023/06/15.

[6]. Mercedes-Benz 2022 Annual Report. https://group.mercedes-benz.com/investors/reports-news/annual-reports/2022/, last accessed 2023/06/15.

[7]. BMW 2022 Annual Report. https://www.press.bmwgroup.com/global/article/detail/T0410919EN/bmw-group-report-2022?language=en, last accessed 2023/06/15.

[8]. Porsche 2022 Annual Report. https://investorrelations.porsche.com/en/, last accessed 2023/06/15.

[9]. nda 2022 Annual Report. https://global.honda/investors/, last accessed 2023/06/15.

[10]. Analysis of Volkswagen Group's 2022 Financial Results: Sales Decline, Profits Increase, Investment in the Next Five Years €180 Billion. National Business News. https://baijiahao.baidu.com/s?id=1760404114946920556&wfr=spider&for=pc, last accessed 2023/06/15.

[11]. Supply Chain Snarl, Recession Threat, 2022 Tough for Auto Makers! Volkswagen: Missed Full-Year Cash Targets Due to Supply-Chain Issues. FX168 Financial Group. https://www.sohu.com/a/638523661_557006, last accessed 2023/06/15.

[12]. Gu, S. Y.: The Development and Transformation of MNC’s Direct Investment in China—Illustrated by Volkswagen Group. Business and Globalization (2020).

[13]. Li, X.: Ten big things for Volkswagen Group to do in the next 10 years. Auto Business Daily (2021).

[14]. Li, H.Q. Xu, T. Ning, L. J.: Development status and trend of intelligent connected automobile industry. Motorcycle Technology (2019).

[15]. Liu, M. J.: Status and development of quality system certification in international automobile industry. Time Auto (2021).

For authors
Guide for authors Policies for authors Aims and scope Subscription Open access policy
For editors
Policies for editors Editorial board
For reviewers
Policies for reviewers Privacy policy

Cookies are used by this site.
Copyright © 2024 EWA Publishing, its licensors, and contributors. All rights reserved, including text and data mining, AI training, and similar technologies.