3,882
edits
Auto Industry Cyclicality: Difference between revisions
no edit summary
No edit summary |
No edit summary |
||
| Line 746: | Line 746: | ||
|- | |- | ||
|2010 | |2010 | ||
|126,875 | |126,875<ref>https://www.volkswagen-group.com/en/publications/corporate/annual-report-2010-2328</ref> | ||
|20.6% | |20.6% | ||
|7,278,440 | |7,278,440 | ||
| Line 1,178: | Line 1,178: | ||
* W'''ere even able to exceed the deliveries recorded in 2008. This is mainly due to our attractive model range, but also to incentive programs and support measures resolved by many countries''' to mitigate the effects of the financial and economic crisis on the automotive industry in particular. As announced, we gained additional market share worldwide during the crisis as a result of the good delivery situation. | * W'''ere even able to exceed the deliveries recorded in 2008. This is mainly due to our attractive model range, but also to incentive programs and support measures resolved by many countries''' to mitigate the effects of the financial and economic crisis on the automotive industry in particular. As announced, we gained additional market share worldwide during the crisis as a result of the good delivery situation. | ||
* '''€6.2 billion of funds were released from working capital, mainly because of the pronounced reduction in stockpiled inventories and lower receivables'''; in the previous year, the division had reported funds tied up in working capital of €2.1 billion. As a result, cash flows from operating activities rose sharply, by 45.6% to €12.8 billion. | * '''€6.2 billion of funds were released from working capital, mainly because of the pronounced reduction in stockpiled inventories and lower receivables'''; in the previous year, the division had reported funds tied up in working capital of €2.1 billion. As a result, cash flows from operating activities rose sharply, by 45.6% to €12.8 billion. | ||
'''At €5.8 billion, investments in property, plant and equipment in the Automotive Division were 14.6% lower year-on-year in fiscal year 2009.''' The ratio of investments in property, plant and equipment to sales revenue (capex) was in line with our expectations at 6.2% (6.6%). '''At €1.9 billion, capitalized development costs were lower than in the previous year (-12.1%) <br />''' | * '''At €5.8 billion, investments in property, plant and equipment in the Automotive Division were 14.6% lower year-on-year in fiscal year 2009.''' The ratio of investments in property, plant and equipment to sales revenue (capex) was in line with our expectations at 6.2% (6.6%). '''At €1.9 billion, capitalized development costs were lower than in the previous year (-12.1%) <br />''' | ||
[[File:Screenshot 2024-03-13 141228.png|center|thumb|643x643px|https://www.annualreports.com/HostedData/AnnualReportArchive/v/OTC_VWAGY_2009.pdf]] | [[File:Screenshot 2024-03-13 141228.png|center|thumb|643x643px|https://www.annualreports.com/HostedData/AnnualReportArchive/v/OTC_VWAGY_2009.pdf]] | ||
[[File:Screenshot 2024-03-13 141252.png|center|thumb|750x750px| | [[File:Screenshot 2024-03-13 141252.png|center|thumb|750x750px| | ||