18H·

Volkswagen has negative cash flow

Hi folks,

I have just $VOW (-0.15%) , $MBG (-1.31%) and $BMW (-0.12%) regarding cash flow here on getquin. I noticed that they are in the red. Last year they were still in the black, all several billion euros. What does that mean?

1 Comment

Julian@MoneyISnotREAL

I would not rely on this information. Do your own research and read the quarterly reports.

But it's probably no secret that German carmakers are experiencing massive sales losses.
In my view, this will not get any better over the next few years, because our carmakers are no longer keen to innovate and invest. They are very cautious and only think about saving money and cutting costs. 😑

As you can see - whether e-cars are the future or not. But since our car manufacturers are more or less not participating, they are not building up any know-how or experience in this area. That will take its toll at some point...

Better to optimize the next petrol engine to death 😅

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