Not great news for VW/Porsche...

[bj33813]

Forgive me for being ignortant, again lol, but when VW spinned off Porsche, it no longer is owned by VW, only the "new" investors and the Porsche familes et al. It has no corp link to VW, and when it went public, all I got based on my shares of VW was a few lousy dollars instead of Porsche stock. Even today, Porsche sales are not included in VW data.

If I am wrong please show me as afar as I can see, they then me some some shares the dirty lugs.

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[Scandinavian]

Forgive me for being ignortant, again lol, but when VW spinned off Porsche, it no longer is owned by VW, only the "new" investors and the Porsche familes et al. It has no corp link to VW, and when it went public, all I got based on my shares of VW was a few lousy dollars instead of Porsche stock. Even today, Porsche sales are not included in VW data.

If I am wrong please show me as afar as I can see, they then me some some shares the dirty lugs.

VW never span off Porsche! They only introduced some limited number of shares to the stock market 911.000.000 units. VW group still hold some 75% of the shares

https://investorrelations.porsche.com/en/share/#shareholder-structure

 

[WasserGKuehlt]

(probably paywall) VW and Germany Were Great for Each Other. Now They’re Not. - WSJ

A few notable tidbits:
" VW outspends industry peers—and any other European company—on research and development. Analysts expect it to shell out the equivalent of almost $19 billion on R&D this year, more than double Toyota. Yet it hasn’t had much to show for it lately."

"VW’s decades of excellence in combustion engines was little help in developing EVs, whose performance depends largely on batteries and software. With those technologies led by Tesla and China, Volkswagen is struggling to stand out. "

"While China tapped German industrial know-how for decades, technology transfers are now flowing in the opposite direction too. Several German companies are building R&D capacity there to take advantage of local know-how, government subsidies or the absence of red tape, according to a German industry lobbyist based in China."

 

[bj33813]

VW never span off Porsche! They only introduced some limited number of shares to the stock market 911.000.000 units. VW group still hold some 75% of the shares

https://investorrelations.porsche.com/en/share/#shareholder-structure

Thank you, I stand corrected! Still pissed that I did not get any stock in Porsche tho, oh well.

 

[chun]

(probably paywall) VW and Germany Were Great for Each Other. Now They’re Not. - WSJ

"While China tapped German industrial know-how for decades, technology transfers are now flowing in the opposite direction too. Several German companies are building R&D capacity there to take advantage of local know-how, government subsidies or the absence of red tape, according to a German industry lobbyist based in China."

But But but, taycanforum told me that only Porsche has the knowhow, and chinese couldn't possibly be able to build a better product...

Funny thing how reality kicks in. I wonder if for Porsche it will kick in before or after losing all of their customers If in 5 years chinese car manufacturing reached quality on par with traditional brands, what will happen in 2 more years?

 

[WasserGKuehlt]

Thank you, I stand corrected! Still pissed that I did not get any stock in Porsche tho, oh well.

It is/was not being traded on US stock markets. You could (still can?) buy shares via a few brokers, and iirc the price is better now than at IPO. (Which is kinda what this thread is about.)

 

[Scandinavian]

It is/was not being traded on US stock markets. You could (still can?) buy shares via a few brokers, and iirc the price is better now than at IPO. (Which is kinda what this thread is about.)

Yes the price today is quite a lot keener than at launch. Launch price was 82.xx Euro and yoday the value is about 65.xx Euros. They rose to over 100 Euros but have dropped a lot since.

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