February 11, 2013 at 09:44 AM EST
A Bullish View of Volkswagen: No Bugs in This Strategy
No industry has gone through more upheaval in the past five years than the auto industry and as we begin to emerge from the worst of this phase in global economic growth the details of the new landscape for automakers are becoming clearer. In that new landscape Volkswagen (PINK:VLKAY) is emerging as the dominant auto producer in the world. Only Toyota (NYSE:TM) in my opinion stands a reasonable chance of stopping the German juggernaut. Part of VW’s success will be the complete implosion of its European counterparts like Peugeot (PINK:PEUGY) and Renault (PINK:RNSDF). Volvo’s (PINK:VOLVY) profits just dropped 85% ...
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