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Volkswagen: Difference between revisions
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== Assets == | == Assets == | ||
On March 1 2023, RBC news agency reported that Russia's Avilon autodealer group will buy Volkswagen's Kaluga plant. It did not disclose the price but said that the deal is expected to be closed in March. The plant has an annual capacity of 225,000 vehicles | On March 1 2023, RBC news agency reported that Russia's Avilon autodealer group will buy Volkswagen's Kaluga plant. It did not disclose the price but said that the deal is expected to be closed in March. The plant has an annual capacity of 225,000 vehicles, employed 4,200 people and was a recipient of €1 billion in investments. Kaluga plant was affected by Russia's war in Ukraine.<ref>https://uk.investing.com/news/stock-market-news/russias-avilon-to-buy-volkswagens-kaluga-factory--rbc-news-site-2933052 | ||
https://www.carscoops.com/2022/10/volkswagen-seeks-buyer-for-its-russian-plant-in-kaluga/</ref> | https://www.carscoops.com/2022/10/volkswagen-seeks-buyer-for-its-russian-plant-in-kaluga/</ref> | ||
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==== Balance Sheet ==== | ==== Balance Sheet ==== | ||
The balance sheet esp. the balance sheet of volkswagen financial services seems solid at first glance. <ref name=":0" /> Shareholder equity increased by 18,673M EUR in 2021. Main increases incurred in intangible assets (esp. capitalized development costs, Page 275), increase in lease assets, investments and increase in cash. On the liability side there has been an increase in non current liabilities both for Volkswagen and Volkswagen Financial Services. | The balance sheet esp. the balance sheet of volkswagen financial services seems solid at first glance. <ref name=":0" /> Shareholder equity increased by 18,673M EUR in 2021. Main increases incurred in intangible assets (esp. capitalized development costs, Page 275), increase in lease assets, investments and increase in cash. On the liability side there has been an increase in non current liabilities both for Volkswagen and Volkswagen Financial Services. | ||
== Catalysts == | == Catalysts == | ||