Calitatea masinilor: germane vs japoneze Options

[G e o r g e]

hai sa fim seriosi .

ia da o fuga mataluta si urca-te intr-o seria 1 de baza . apoi da fuguta si urca-te intr-un accord de baza sa vezi diferente acolo !

o masian de 20 000 cip ( cat o seria 1 daca luam benzina ca 120d e mai scump cu vreo 10%) sa aibe plastice de tot rasul peste tot. tapiserie de material ordinar ca pana si la logan gaesti ceva mai bun .. samd .

impulse , te inteleg, dar fi obiectiv.

daca zici ca un bmw de 50 000 cip are materiale mai bune ca o japoneza de 20 000 cip , atunci te cred si se poate sa ai si dreptate . dar la bani apropiati japonezele au materiale mai bune .

[Iulian HondaFan]

1) ma refeream la succesul pe piete emergente ( care sunt cele care vor decide viitorul industriei in urmatorii 20-30 de ani). vanzarile europene am recunoscut ca au crescut, dar asta e ciclul in afacere in Europa din anii '90. acum 2-3 ani era Renault in crestere acum e VW si Renault e in recul. fundamental ca e 19 si nu 18% nu e mare lucru. Piata vest-europeana este pe ansamblu statica. long term trend - este si a fost zero pt. VW de multa vreme. singurii care patrund sunt asiaticii.

2) ce ai de spus dspre valorile reziduale din UK?

3) nu am spus ca VW va da faliment. daca nu stii poti intra pe vwforum.com si citi posturile despre preluarea pachetului principal de catre Porsche. nu-mi atribui afirmatii pe care nu le-am facut.

4) io tin un ochi zilnic pe pietele financiare (investesc un picutz). iata ce zic cei care se ocupa de parta economica (nu stiam de rezultatele financiare pe Q2 care sunt mult mai bune, dar stiam de cele pe Q1; indiferent de asta Q2 2006 vin dupa 4-5 ani de scadere continua a actiunilor VAG si rezultat financiar mediocre care au si povocat schimbarile de actionariat de anul trecut; sa vedem ce va fi in q3 si q4):

Volkswagen is Europe's biggest car manufacturer. In the first half of 2006 its Western European market share rose to 19.5 per cent from 18.4 per cent in the same 2005 period. Sales of VWs and its brands including Audi, Seat, Skoda, Bentley, and Lamborghini, rose 7 per cent to 1.6 million. VW surprised investors with much better than expected earnings in the second quarter of 2006, but some observers declined to take the numbers at face value and searched below the surface for the bad news.

Morgan Stanley was impressed though.

"Bottom line: VW has posted a very strong result, demonstrating improvement in all geographic regions and with particular improvement at the VW brand group. VW is making real strides to put to rest the credibility of the 2008 operating (profit) target," said Morgan Stanley in a report.

VW has set an ambitious target for profits alongside its restructuring programme, saying it would quadruple 2004's pre-tax profit to $6.5 billion by 2008.

In late July VW announced that its second quarter net profit soared to $1.1 billion from $428 million in the same period last year, although this figure looks less impressive when you consider it includes a one off gain of $1.01 billion from the sale of its Europcar rental agency. deci fara vanzarea companiei de inchiriri rezultatele a fi fost negative!

VW reaffirmed its 2008 target of $6.5 billion pre-tax profit.

After the poor first quarter results, analysts speculated that VW was hiding some profits so that it could gain leverage over unions in its negotiations to slash the workforce and wages.

The latest numbers surprised investors, like Merrill Lynch, because VW had given strong hints that the quarter was not particularly conducive to profits.

Merrill Lynch pointed to the impressive performance at the VW brand, where operating margins rose to 4.3 per cent in the second quarter, after 1 per cent in the first quarter and 1.7 per cent a year earlier.

"That (VW) division out-earned the Audi brand group, and its Q2 margin was well over twice the combined first half margins of the automotive divisions of Peugeot-Citroen (1 per cent) and Renault (1.6 per cent)," said Merrill Lynch.

But problems are mounting.

"These were strong quarterly results, and made uncomfortable reading for bears of the stock such as our selves. They do not however in our opinion answer the inevitable question as to their sustainability," Merrill Lynch said.

The results benefited from new models like the Passat, the new Jetta, Fox, Skoda Octavia and Skoda Fabia.

"The comparisons get harder from now on, and VW by its own admission, has little in the way of new product to maintain momentum into 2007," said Merrill Lynch, which retained its "sell" recommendation on VW shares.

Deutsche Bank was also in the spoilsport party, after musing warmly about VW's performance which was helped by improved sales.

"We remain more cautious about the outlook for 2007. We project declines in all Volkswagen's major markets - and therefore negative top line (sales) development for VW in Germany and the U.S.," Deutsche Bank said.