Last quote by Arndt Ellinghorst
Arndt Ellinghorst quotes
We find it quite remarkable that BMW is effectively the most profitable and stable German premium carmaker despite lower mix and an older fleet compared to its peers in Ingolstadt and Stuttgart.
This was a very strong result, and Tavares continues to make significant headway in transforming the company.
We continue to believe that the market is complacent with respect to the amount and speed of change that the VW new management team is currently implementing.
We welcome the fact that VW appears to be pursuing a broad compensation program.
It would be a major positive trigger for the stock if VW quantified the total potential cost of the diesel affair.
We don't believe the plan will have PSA investors ecstatic.
The lack of any special dividend and the flat payout ratio disappoint.