6,366
edits
Volkswagen:Quarterly Results/2023 Q1: Difference between revisions
no edit summary
No edit summary |
|||
| Line 120: | Line 120: | ||
* VW premium vehicles will continue seeing strong demand. | * VW premium vehicles will continue seeing strong demand. | ||
* VW may also choose not to engage in price wars initiated by Tesla. | * VW may also choose not to engage in price wars initiated by Tesla. | ||
=== Stellantis === | |||
Stellantis said improvement in semiconductor supply and price increases made its revenue to rise 14% to 47.2 billion euros ($52 billion). However, the company said it's still facing logistics issues in Europe and that the macro environmrnt is still challenging. "In Europe ... we have some challenges transforming company's stock into dealer stock and therefore getting orders fulfilled with customers, which is still a challenge for our market share," CFO Richard Palmer said. "It is a bit early to change any of our full-year forecasts," he said. "Clearly the macro situation is still complex." | |||
==== Insights for Volkswagen ==== | |||
* Semiconductor supply has improved. | |||
* Logistics issues is still a challenge. | |||
* Aggressive pricing strategy is being persued by automakers<ref>https://www.investing.com/news/stock-market-news/stellantis-revenues-rise-14-in-q1-as-better-chip-supply-supported-shipments-3070932</ref>. | |||
== References == | == References == | ||