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Stock impact report

Volkswagen Gathers Investor Support, But EV Performance Needs Work [Forbes]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Forbes
Moody's Ratings has been doing its more conservative sums since VW announced its results for 2024 earlier in March and it's a mixed verdict. Moody's downgraded a long-term issue, affirmed a short-term one and changed the outlook to stable from negative. its operating profit margin to increase to between 5.5% and 6.5% in 2025 compared with 5.9% in 2024. Sales will rise by up to 5%. In 2024, VW sales revenue rose 0.7% as global sales fell 2.3%. VW's 2024 operating profit fell 15% to €19.1 billion ($20.9 billion) on sales of €324 billion ($354 billion). PROMOTED Moody's said VW's operating performance will remain under pressure through most of 2026 because of - A low pace of sales growth and sustained upward pressure on prices, intensified by geopolitical uncertainties, especially tariff tensions. Structural challenges because of the transition to less profitable electric vehicles. Fierce competition in China, cutting market share and weakening profits. Investment in softw Show less Read more
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