Volkswagen Gets Surpassed Even By Hyundai
Volkswagen Gets Surpassed Even By Hyundai
During the first three months of 2024, Hyundai Motor Group (OTC:HYMTF) surpassed Volkswagen Group (OTC:VWAGY) in terms of operating profit, taking its second place, with Toyota Group (NYSE:TM) remaining on the global auto industry throne.
在2024年的前三個月，現代汽車集團（場外交易代碼：HYMTF）的營業利潤超過了大衆汽車集團（場外交易代碼：VWAGY），位居第二，豐田集團（紐約證券交易所代碼：TM）仍位居全球汽車行業的寶座。
Hyundai Surpassed Volkswagen, While Toyota Fefended Its Throne
現代超越大衆汽車，而豐田捍衛了自己的王位
For the first quarter, the South Korean automaker reported operating profit of $5.09 billion, slightly above $4.94 billion that the German automaker reported, led by $7.15 reported by the Japanese automaker.
這家韓國汽車製造商公佈的第一季度營業利潤爲50.9億美元，略高於這家德國汽車製造商公佈的49.4億美元，其中日本汽車製造商公佈的7.15美元。
With Hyundai Motor, Kia, and Genesis brands, Hyundai Motor Group has a diverse portfolio that includes internal combustion engines, EVs, as well as hydrogen-powered cars, and that is its core strength. Like Tesla Inc (NASDAQ:TSLA), Hyundai Motor has also been hit by the EV slowdown, but its EV sales have significantly grown over the years. Moreover, it continues to invest in its technical capabilities. For example, it showed interest in intellectual property of Worksport Ltd (NASDAQ:WKSP). This summer, Worksport is due to launch the world's first solar-powered tonneau cover, SOLIS. Back in 2022, Hyundai entered into a formal agreement with Worksport to get a prototype of SOLIS for its Santa Cruz pickup, as well as a modified version of COR, a portable battery system. With this power duo, Worksport promises off-grid power on the go.
現代汽車集團擁有現代汽車、起亞和創世紀品牌，擁有多元化的產品組合，包括內燃機、電動汽車以及氫動力汽車，這是其核心優勢。與特斯拉公司（納斯達克股票代碼：TSLA）一樣，現代汽車也受到電動汽車放緩的打擊，但其電動汽車銷量多年來顯著增長。此外，它繼續投資於其技術能力。例如，它對Worksport Ltd（納斯達克股票代碼：WKSP）的知識產權表現出興趣。今年夏天，Worksport將推出世界上第一款太陽能酒桶蓋——SOLIS。早在2022年，現代汽車就與Worksport簽訂了正式協議，爲其聖克魯斯皮卡購買SOLIS的原型，以及便攜式電池系統COR的修改版。Worksport承諾藉助這款雙電源組合，隨時隨地提供離網電力。
Meanwhile, Volkswagen, once the world's biggest automaker, didn't do much in five years since it mapped out its EV roadmap in 2019, when it seems like it had every chance to dethrone even the mighty Tesla. Volkswagen can only dream of challenging Tesla as its transformation hasn't happened yet. To make matters worse, it got dethroned in China by the so-called Tesla killer, BYD (OTC:BYDDY) and also got new rivals in the world's biggest EV market. In attempt to avoid losing the EV race, Volkswagen partnered with a local EV maker in China, Xpeng, in February. Besides developing two vehicles that will help Volkswagen expand its portfolio in China as well as attract entry and mid-level customers, XPeng and Volskwagen will also work on software and on lowering the EV cost structure. But, even XPeng is going after Europe, and it is making its entry through Germany, Volkswagen's home.
同時，曾經是全球最大的汽車製造商的大衆汽車自2019年制定電動汽車路線圖以來，在五年內並沒有做太多事情，當時它似乎有機會推翻即使是強大的特斯拉。大衆汽車只能夢想挑戰特斯拉，因爲它的轉型尚未發生。更糟糕的是，它在中國被所謂的特斯拉殺手比亞迪（場外交易代碼：BYDDY）取而代之，在世界上最大的電動汽車市場也有了新的競爭對手。爲了避免輸掉電動汽車競賽，大衆汽車在二月份與中國當地的電動汽車製造商小鵬合作。除了開發兩款有助於大衆汽車擴大在中國的產品組合並吸引入門級和中級客戶的汽車外，小鵬和大衆汽車還將開發軟件和降低電動汽車成本結構。但是，即使是小鵬也在追捕歐洲，它正在通過大衆汽車的故鄉德國進軍。
Can Volkswagen bounce back at some point is another story, but right now, it finds itself in a highly competitive pickle.
大衆汽車能否在某個時候反彈則是另一回事，但現在，它發現自己處於競爭激烈的困境中。
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