Great point on those competitor results. I think we should create an Automotive Industry Players Wiki article, which contains a table that features key numbers of competitors like their revenue, margins, net profits, cash flows, and market caps.
The goal of that table is to obtain a better overview of the industry and the developments of major players in it, so we know as an example more easily if one company is under or overperforming in the market, and then we can focus on what might be wrong if it’s a portfolio company.
This overview can also be very useful for us and the community to determine the relative value between different investment options within one industry.
(Note: I am not currently not looking to sell Volkswagen for one of the competitors though, as I have a level of faith in their brand portfolio that I do not have with a lot of competitors like e.g. Stellantis)
When it comes to competitor results we can indeed see that while Stellantis revenue did not increase more than the revenue of Volkswagen, their profits are significantly up and their cash-flows are very strong. So one could wonder why Volkswagen has those supply chain problems and if other companies manage their procurement better. (Or if they are simply less conservative and less hedged)
Renault is also upgrading its guidance and have strong cash flows
Mercedes-Benz gains look less impressive