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#1 (permalink) |
![]() SOT Super Moderator |
The most valuable carmaker in the world is...... Volkswagen
![]() As with this year's American football season, weekly surprises in the car industry are now standard fare. VW recently overtook Ford for the number three spot in global sales, and now the home of the Beetle and the Veyron has overtaken Toyota as the industry's most valuable company based on dollar-converted market capitalization. Just as eyebrow raising is the reason for it: Toyota's stock has dropped 5% to its lowest point in four years due to the usual suspects, while VW's stock has climbed a stratospheric 87% due to the fact that Porsche is busy gobbling up the company. As far as we're concerned, that makes Porsche the real story: one of the industry's smallest players – it sold less than 100,000 cars around the world last year and still set a personal best – is about to be the world's third largest car maker and, for a while at least, its most valuable. What a difference [Source: Bloomberg]
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SOT - We'll pull your endocrine system out of your body and make a hat out of it. |
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#2 (permalink) | |
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SOT Post Whore
Join Date: Jun 2006
Location: Mars, then Heaven, Then San Dimas
Posts: 11,151
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if by valuable you mean "most likely to engage in gay buttsechs" then i totally agree
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#7 (permalink) | |
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SOT Post Whore
Join Date: Jun 2006
Location: Mars, then Heaven, Then San Dimas
Posts: 11,151
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"most likely to get bant on SOT 4 times in one day and blame it on sexism and homophobia"
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#10 (permalink) |
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SOT Whiny Bitch
Join Date: Nov 2007
Location: Newtown, PA but more like Hamilton, NJ
Posts: 3,448
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VW's and GM's are notorious for having brake lights out. I wish I knew as to wtf was up with that. Since VW is German they are known for their crappy electrical systems
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