Volkswagen AG ADR
VWAPY: PINX (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$32.40 | Bzyj | Mmylq |
Volkswagen Leverages Its Scale With Rivian Investment to Accelerate Electric Vehicle Platform Build
Business Strategy and Outlook
We see Volkswagen as successfully executing a global automotive strategy with one of the most aggressive plans in the industry to switch 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.