How Much Have Big Auto Companies Been Investing In Growth Opportunities?
We have compared the CapEx of the top three automakers in the world, which make up one-third of the global volumes. Volkswagen AG (OTCMKTS:VLKAY) leads its competition when it comes to CapEx as a % of revenue, however, its net investment (CapEx- D&A) tells a different story. Negative net investment means that the asset base has shrunk, i.e. the company is not spending enough to increase productive capacity. Although negative investment for a single year is not so telling, if the figure remains negative for a prolonged time, it will render the company less competitive. 
Have more questions on Volkswagen? See the links below.
- Has The Emissions Scandal Impacted Volkswagen’s Volume Sales This Year?
- Rundown Of How Volkswagen’s 2015 Results Were Impacted By The Dieselgate Issue
- How Significant Will China Be For Volkswagen By 2020?
- Where Volkswagen Stands Relative To Its Competitors In Crucial Markets
- By What Percentage Have Volkswagen’s Revenues And EBITDA Grown Over The Last Five Years?
- How Has Volkswagen’s Revenue And EBITDA Composition Changed Over 2011-2015?
- Where Will Volkswagen’s Revenue And EBITDA Growth Come From Over The Next Three Years?
- How Has Volkswagen’s Revenue And EBITDA Composition Changed Over 2011-2015?
- Why Premium Brands Are 3x As Valuable As Non-Premium Brands For Volkswagen
- How Much Will Premium Brands Contribute To Volkswagen’s Top Line By 2018?
- How Does Volkswagen’s China Market Share Compare With Other Foreign Automakers’?
- How Much Does Volkswagen Make On The Sale Of One Porsche, Audi, Skoda And Volkswagen Vehicle?
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Volkswagen
Relevant Articles
- Will Colgate-Palmolive Stock See Higher Levels After Over A 15% Rise This Year?
- Will Amgen Stock Continue To See Higher Levels Driven By Its Obesity Injection?
- Down 8% This Year, Will Beyond Meat Stock Recover Following Q1 Results?
- With The Stock Flat This Year, Will Q3 Results Drive News Corp’s Stock Higher?
- Up 10% This Year, Does Johnson Controls Stock Still Have Room To Grow?
- How Are Qualcomm And Other Apple Suppliers Faring This Year?
See More at Trefis | View Interactive Institutional Research (Powered by Trefis)