Volkswagen coursework

by Ossie Hubbell, June 2014

300 words

1 page

essay

Volkswagen group is increasing its' sales worldwide, even though the concurrency in Europe is getting tougher day-by-day. During the first two quarters of the year 2012, the index of sales has increased up to 12.4 percent and amounts 4.6 million vehicles. Following this statistics, we got an astonishing result in a total market share, which has also risen and amounts to 12.4 percent today. This is a positive change on 0.1 percent.

Furthermore, the sales revenue in comparison to the previous year has increased by 25.6 percent to €159.3 billion, finishing 2011 with €126.9 billion. This chart represents the data of sales and revenue for the last 4 years for the Volkswagen group.

YearUnits sold in the USA Net IncomeProfit as a percentage of sales

20111175613715.799 billion 13 %

2010101629456.84 billion 7 %

20098271634960 million 1 %

2008877606344.75 billion 5 %

Based on data presented above, it is possible to notice that with every year the company is increasing its sales and net income. Unless in the year 2009, when the world financial crisis had a huge impact on profit and loss statement of the corporation. The profit margin demonstrates that the company is very efficient in the business and a great opportunity for the investors, following the increasing percentage. These numbers are the highest in the industry and according to the financial forecasts for the next quarter, Volkswagen group will end up as the most profitable car manufacturer.

References

1. Volkswagen AG: Volkswagen U.S. head sees sales close to record this year, available at

HYPERLINK "http://www.4-traders.com/VOLKSWAGEN-AG-436737/news/Volkswagen-AG-Volksw agen-U-S-head-sees-sales-close-to-record-this-year-15239709/" http://www.4-traders.com/VOLKSWAGEN-AG-436737/news/Volkswagen-AG-Volkswa gen-U-S-head-sees-sales-close-to-record-this-year-15239709/

2. Volkswagen Group presents record results for 2011, available at

HYPERLINK "http://www.volkswagenag.com/content/vwcorp/info_center/en/news/2012/03/ Volkswagen_Group_presents_record_results_for_2011.html" http://www.volkswagenag.com/content/vwcorp/info_center/en/news/2012/03/V olkswagen_Group_presents_record_results_for_2011.html

3. Autocar: VW Group set for record sales, available at

HYPERLINK "http://www.autocar.co.uk/car-news/industry/vw-group-set-record-sales" http://www.autocar.co.uk/car-news/industry/vw-group-set-record-sales

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