@Aron i’ve gone through your Q2 2023 Volkswagen article.
To me the following points stood out:
- IFO index points to strong situation, but negative expectations.
- expected uncertainties in h2 esp. due to weakness in Europe and China.
- EV problems with increased competition from Tesla and China, and potential supply chain problems.
- Tesla is willing to reduce prices further if necessary.
This matches well with @Magaly data which is seeing a strong situation of increasing sales in the united states but a worsening situation with credit.
My overall assessment based on this data for Volkswagens Q2 2023 is neutral, as I expect results to largely mirror those trends. Depending on how forceful the warning for H2 2023 is going to be and how strong the results are I could see the stock being slightly down but I do not expect any drastic moves. Even with some risks on the horizon, I do not expect any drastic adjustment to FY 23 guidance.
Are there any important additional points to add that I might be missing?