Volkswagen AG ADR
VWAGY: PINX (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$85.10 | Pytrn | Xbnn |
Volkswagen Is One of the World's Largest Automakers; Scale Enables Aggressive Electrification Plan
Business Strategy and Outlook
In our view, Volkswagen is successfully executing a global automotive strategy and has one of the most aggressive plans to transition to battery electric vehicles from internal combustion powertrains. A broad array of brands, serving multiple segments, reduces reliance on any one vehicle category. As one of the world's leading volume producers, Volkswagen's economies of scale from common platforms across a number of models enable cost savings unattainable by smaller competitors.