The Volkswagen Group delivered more cars in April 2021 than the previous year, which was severely affected by the epidemic.
The company reported 829,800 vehicles delivered worldwide during the month, an increase of 75.2 percent. In the first four months there was an increase of 31.5 percent.
Demand for vehicles of the base brand rose 45.1 percent to 436,200 units in April. In AUDI, deliveries rose 107.9 percent to 171,200. Skoda The number of births doubled, their number doubled nearly five times. Porsche increased by 75.5 percent to 28,500.
Via XETRA, VW’s share is currently increasing by 2.6 percent to € 211.00.
Fitch raises Volkswagen’s forecast to positive; The evaluation has been confirmed
Ratings agency Fitch has become more confident about Volkswagen’s credit rating. Raised the outlook to positive from stable. The Default Long Term Issuer Rating (IDR) confirmed with BBB +.
In their justification, the analysts mainly emphasize the fact that corporate governance is once again a better practice. They do not assume that group management with the limited independence of the supervisory board and complex shareholder structure will fundamentally change in the medium term. But Fitch analysts expect this could also be managed with a higher credit rating.
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