{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/vw-s-efforts-to-boost-valuation-stifled-by-lack-of-succession-plan/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"VW's efforts to boost valuation stifled by lack of succession plan","slug":"vw-s-efforts-to-boost-valuation-stifled-by-lack-of-succession-plan","createdLocal":"2023-07-20 14:31:03.650392","publishDate":"2023-07-19 07:35:19-04:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://europe.autonews.com/automakers/vw-plan-boost-valuation-hit-lack-succession-plan-vw-rearranging-its-strategy-around"},"postSummary":{"childMarkdownRemark":{"html":"<p>The company plans to run a series of capital market days in coming months for each of its brands, which it hopes will boost a valuation in freefall since mid-2021.\nWhen their strategy presentation at the company's capital markets day in June failed to impress investors - shares fell 2.5 percent on the day - company representatives said future capital market days would turn it around.\n\"The share is suffering from a 'governance discount',\" said Ingo Speich, head of sustainability and corporate governance at VW shareholder Deka Investment.\nOne possible successor as head of the Porsche family is 62-year-old Ferdinand Oliver Porsche, currently on the board of Porsche SE, VW, Audi, and Porsche.\nEight out of ten members are direct representatives of the three biggest shareholders in VW: the Porsche and Piech families, Lower Saxony, or Qatar.</p>"}}}},"pageContext":{"slug":"vw-s-efforts-to-boost-valuation-stifled-by-lack-of-succession-plan"}}}