Title: VOLKSWAGEN – AN EMERGING BOOMER THROUGH ITS SWOT |
Authors: Ms. Harshini B. V, Dr. Vadivazhagi. S and Dr. Balamurugan. G |
Abstract: An overview of the Volkswagen Company’s SWOT analysis, a significant participant in the automotive sector, is given in this abstract in a clear and straightforward manner. Volkswagen’s strengths are its presence throughout the world, its wide range of brands (including Audi and Porsche), and its innovation in electric car technology. Ongoing dangers are presented by flaws including high production costs and reputational issues stemming from the diesel emissions disaster. Opportunities for Volkswagen include taking advantage of the rising demand for electric vehicles and entering emerging markets. However, the business is threatened by fierce rivalry, volatile markets, and onerous legal obligations. To summarise, Volkswagen needs to effectively capitalise on upcoming opportunities and maintain its competitive edge in the automotive sector by utilising its strengths in innovation and global reach, addressing its shortcomings, and managing external threats. |
Keywords: Strength, Weakness, Opportunities, Threats. |
DOI: https://doi.org/10.38193/IJRCMS.2024.6401 |
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Date of Publication: 06-07-2024 |
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