Volkswagen

VW is impressed: Rivian does in 3 months what VW could not achieve in years. $VOW (+1,96 %)
$RIVN (+5,16 %)

It is no longer a secret that VW has had serious software problems for many years. This even led to Audi and Porsche switching to Android Automotive after all. In order to finally break new ground that works for the VW brands, they are now bringing Rivian's expertise in-house for "western markets" for a lot of money.

The joint venture has announced the start of work and immediately presented the first demo vehicles. Rivian was probably able to "conjure up" new software in existing VW Group models in a very short time, which was shown behind the scenes. According to reports, VW engineers were extremely impressed by the prototypes.

Rivian transferred a zonal hardware design and an integrated technology platform to an Audi prototype in a remarkably short period of twelve weeks. In doing so, the company demonstrated how flexible and powerful its software is. The platform was able to control central vehicle functions, different driving modes and the infotainment system. At the same time, remote control of the vehicle was made possible, supplemented by the implementation of wireless software updates.

This project underlines Rivian's technological expertise, particularly in the area of software integration and system control. The efficiency and speed with which the retrofit was carried out is a strong indication of the company's innovative strength. Volkswagen engineers praised the quality of the implementation and the functionality of the system.

The current management has brought Rivian and Xpeng into the company, which does not please everyone and costs a lot of money, but could be a possible solution to many problems for VW. In the race for the cars of the future, VW has finally made the right decision.

https://www.smartdroid.de/vw-beeindruckt-rivian-erledigt-in-3-monaten-das-was-vw-in-jahren-nicht-realisieren-konnte/#google_vignette

German automotive industry: crisis or entry opportunity? 📉📈

The German automotive industry is in a deep crisis. $VOW (+1,96 %) struggling with profit warnings, $BMW (+0,87 %) and $MBG (-0,07 %) reducing its margin forecasts and $P911 (-0,41 %) is suffering from weak business in China. Added to this are geopolitical uncertainties such as possible tariffs and a global shift towards electromobility, which continues to require more and more investment.

The figures therefore speak for themselves: profits are collapsing, sales figures are stagnating and the labor market is facing a transformation that could cost over 140,000 jobs by 2035.

But we all know that: Crises can be opportunities for us.

The sector is historically cheaply valued: many shares are trading near 25-year lows.

Experten We see the first rays of hope in 2025 - thanks to new models, a possible stabilization of demand and a gradual improvement in innovative strength, particularly in the premium segment.

So which brands look the best in relation to their valuation and where are the biggest problems?

To find out hier a new article - spoiler: It plays a significant role who has production sites in China.

#porsche
#volkswagen
#bmw
#mercedes
#emobilität

This article is part of an advertising partnership with Société Générale

10.12.2024

BYD will soon be building the answer to the Golf in Europe + 17:30 Microsoft AGM

• BYD $1211 (-0,27 %)soon competition for VW $VOW (+1,96 %)?

The Chinese car manufacturer plans to start production in Hungary at the end of 2025. The compact model could also circumvent EU punitive tariffs. A subcompact car will come later.

https://www.handelsblatt.com/unternehmen/industrie/elektromobilitaet-byd-baut-die-antwort-auf-den-golf-bald-auch-in-europa/100093874.html

Tuesday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks

Enagas EUR 0.40

Travelers Companies USD 1.05

• Quarterly figures / company dates USA / Asia

17:30 Microsoft AGM

22:30 GE Vernova Investor Update

No time specified:

- Southwest Airlines: Extraordinary General Meeting

- Goldman Sachs: 2024 U.S. Financial Services Conference

• Quarterly figures / Company dates Europe

07:00 Allianz: Announcement on the Capital Markets Day (start: 9.30 am)

18:30 Metro Annual Report | Adidas SdK Investor Share Forum

No time specified:

- Delivery Hero: Subsidiary Talabat: First day of trading on the Dubai Financial Market

- Deutsche Lufthansa: Lufthansa Technik Capital Markets Day

• Economic data

04:30 AU: Reserve Bank of Australia (RBA), Monetary Policy Council Cash Rate results PROGNOSIS: n.a. previously: 4.35%

05:00 CN: Trade Balance November PROGNOSE: +92.8 bn USD previously: +95.7 bn USD Exports November PROGNOSE: +8.4% yoy previously: +12.7% yoy Imports November PROGNOSE: +0.8% yoy previously: -2.3% yoy

08:00 DE: Consumer prices (final) November PROGNOSE: -0.2% yoy/+2.2% yoy Preliminary: -0.2% yoy/+2.2% yoy Previous: +0.4% yoy/+2.0% yoy HICP PROGNOSE: -0.7% yoy/+2.4% yoy Preliminary: -0.7% yoy/+2.4% yoy Previous: +0.4% yoy/+2.4% yoy

14:30 US: Productivity ex agriculture (2nd release) 3Q annualized PROGNOSE: +2.2% yoy 1st release: +2.2% yoy 2nd quarter: +2.1% yoy Unit labor costs PROGNOSE: +1.2% yoy 1st release: +1.9% yoy 2nd quarter: +2.4% yoy

$VOW (+1,96 %) Changes are urgently needed

VW is facing far-reaching changes. And they are necessary. Antlitz justified the planned cuts at a Goldman Sachs conference in London with the difficult situation of the Group. "Our German plants are not competitive today. Without an improvement in efficiency and performance, we will not be able to maintain the current employment figures," emphasized Antlitz.

https://www.deraktionaer.de/artikel/mobilitaet-oel-energie/volkswagen-manager-rechnet-ab-nicht-wettbewerbsfaehig-20371316.html#google_vignette

Dax dividends fall

In 2025, the 40 DAX companies will be paying out seven percent less than last year, according to a forecast by Handelsblatt. Car manufacturer shareholders will be hit particularly hard.

Many DAX shareholders will have to adjust to lower dividends for the current financial year: According to a forecast by Handelsblatt, the 40 Dax-listed companies will pay out a combined €48.5 billion next spring. That would be seven percent less than in the previous year.

At the same time, 22 companies are likely to further increase their payouts and eight will reduce their dividends. But overall, there will be a decline for the first time since the outbreak of the pandemic. This is mainly due to the car manufacturers, where the dividend total is likely to fall by almost 35% to around ten billion euros. This is due to falling profits at VW $VOW (+1,96 %) , BMW $BMW (+0,87 %) and Mercedes $MBG (-0,07 %) due to poor sales figures in Europe and especially in the former boom country China.

In contrast, the sporting goods manufacturer Adidas $ADS (-0,15 %) , the Deutsche Telekom
$DTE (-0,92 %) and the arms manufacturer Rheinmetall $RHM (-0,78 %) are increasing their dividends particularly sharply. This also applies to Deutsche Bank
$DBK (-1,71 %) and Commerzbank $CBK (-1,64 %) and the insurers Allianz $ALV (-0,66 %) , Munich Re
$MUV2 (-1,1 %) and Hannover Re
$HNR1 (-0,97 %) . The healthcare group Fresenius $FRE (-0,84 %) has not distributed anything for 2023, but is now planning a dividend again.

Commerzbank analyst Andreas Hürkamp sees a rotation: "In 2011, the automotive sector replaced utilities as the sector with the highest dividends. Now it is becoming apparent that after 14 years, insurers will be the new number one dividend payers in the DAX."

Handelsblatt

The IG Metall has held warning strikes at several VW $VOW (+1,96 %) warning strikes at several VW locations to exert pressure in the ongoing wage negotiations. Up to 66,000 employees are on strike in Germany. The union is demanding significant wage increases and measures to safeguard jobs. VW criticizes the actions as a burden on production and calls for a quick agreement. The negotiations affect not only VW, but also other companies in the automotive industry.

You can find more information on the ZDF-Website.

The news is based on what I personally consider to be reputable sources. No investment advice. Follow me for more updates!

⬆️⬆️⬆️

- KEPLER CHEUVREUX raises the price target for SAP from EUR 200 to EUR 230. Hold. $SAP (-0,03 %)

- UBS upgrades HUGO BOSS from Neutral to Buy and raises target price from EUR 41 to EUR 49. $BOSS (+0,51 %)

- BOFA raises the price target for FRAPORT from EUR 55 to EUR 56. Neutral. $FRA (+5,53 %)

- UBS raises target price for RICHEMONT from CHF 144 to CHF 150. Buy. $CFR (+0,21 %)

- BOFA upgrades HOCHTIEF from Neutral to Buy and raises target price from EUR 112 to EUR 140. $HOT (+0,35 %)

- JPMORGAN raises target price for FEDEX from USD 350 to USD 366. Overweight. $FDX (-8,08 %)

- JPMORGAN raises the price target for ROCHE from CHF 220 to CHF 230. Underweight. $ROG (+0,46 %)

- UBS upgrades BMW from Neutral to Buy and raises target price from EUR 75 to EUR 83. $BMW (+0,87 %)

- JEFFERIES raises target price for UNICREDIT from EUR 47 to EUR 49. Buy. $UCG (+0,05 %)

⬇️⬇️⬇️

- HAUCK AUFHÄUSER IB lowers the price target for DELIVERY HERO from EUR 61 to EUR 52. Buy. $DHER (+3,05 %)

- BARCLAYS lowers the target price for VOLKSWAGEN VORZÜGE from EUR 110 to EUR 100. Overweight. $VOW (+1,96 %)

- BARCLAYS lowers the target price for PORSCHE SE from EUR 35 to EUR 30. Underweight. $PAH3 (+0,42 %)

- UBS downgrades MERCEDES-BENZ from Buy to Neutral and lowers target price from EUR 72 to EUR 55. $MBG (-0,07 %)

- EXANE BNP downgrades HYPOPORT from Outperform to Neutral. $HYQ (-0,35 %)

- HAUCK AUFHÄUSER IB lowers the price target for IBU-TEC from EUR 12 to EUR 7.40. Hold. $IBU (-0,85 %)

- KEPLER CHEUVREUX downgrades SYMRISE from Buy to Hold and lowers target price from EUR 122 to EUR 114. $SY1 (-0,34 %)

- DEUTSCHE BANK RESEARCH lowers the price target for SANOFI from EUR 90 to EUR 85. Sell. $SAN (-0,6 %)

- JPMORGAN lowers the price target for CARL ZEISS MEDITEC from EUR 56 to EUR 45. Underweight. $AFX (+0,2 %)

- JPMORGAN lowers the price target for SARTORIUS from EUR 290 to EUR 275. Overweight. $SRT (+2,08 %)

Consideration of rebalancing my portfolio

I currently hold two shares in my portfolio, $BMW (+0,87 %) and $VOW (+1,96 %) which have a total loss of €550. I am considering rebalancing these positions and investing in the S&P 500 instead, as I believe this could be more beneficial in the coming years.

However, I find it difficult to realize this loss. I would be grateful for your assessment of this situation and possible recommendations for action.

$BMW (+0,87 %)
$VOW (+1,96 %) --> $CSPX (+0,32 %) ?

Today derivative KO additional purchase at $VOW (+1,96 %) with knockout 78,90€

Is worth the risk! 90x leverage target 1.30€-1.40€. That would be a chance of 1R to 10R.

Information on knockout derivatives:Knockout certificates (also known as leverage certificates) are financial instruments that enable investors to participate disproportionately in the price performance of an underlying asset (e.g. shares, indices, commodities). They belong to the group of derivatives and offer both opportunities for high profits and an increased risk of loss.

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There are two variants:

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Knockout certificates are speculative products that are particularly suitable for experienced investors who want to take advantage of short-term market movements.

Volkswagen
$VOW (+1,96 %)-Employees go on warning strike today at numerous plants in Germany 🇩🇪 - the first large large-scale work stoppages at the company's German sites since 2018.

The workforce is worried about mass redundancies, salary cuts and possible plant closures.