Volkswagen has many construction sites to manage in the coming months. It is about getting a good starting point for future topics such as electronic mobility, programming and free driving. If JPMorgan has its way, stocks have higher potential.
The expansion of the Carad software unit will be very important for Volkswagen in the coming months. Compared to pioneers in industries such as Nio or Xpeng, where half of all employees are software experts, VW has a lot to do in this area.
“Chief Executive Officer Herbert Diess has great strategic talent. This is a key requirement for implementing the very big topics of the future, electronic capabilities and digital signage in plants and products.”
However, automotive expert Ferdinand Dudenhöffer from the CAR Institute hopes that VW will oversee this change. “CEO Herbert Diess has great strategic talent. This is an important prerequisite for implementing the major issues of the future, electronic mobility and digitization in plants and products. In the absence of any other political revolution in IG-Metall and the state of Lower Saxony, NEW VW Group will be a successful company in the digital age. The new VW world is closer to Google, Huawei or Tesla than Toyota or BMW, “Dudenhöffer told AKTIONÄR.
US Bank JPMorgan also remains strong on VW. Analyst Jose Asumendi sees good opportunities to improve revenues in the new year. Its price is 235 euros.