Porsche drops out of the DAX. German car industry in a crisis.

avatar

Porsche AG fliegt nach knapp drei Jahren nach dem Börsengang 2022 aus dem DAX. Deutsche Autoindustrie befindet sich in einer Krise.

Der DAX ist die Liste der 40 deutschen Unternehmen mit dem höchsten Börsenwert, MarketCap. Vier mal im Jahr wird die Liste aktualisiert und am 22. September steht die nächste Änderung vor der Tür.

Porsche hat seit dem Börsengang ungefähr 50% an MarketCap verloren, YTD 27%, das ist heftig.

Der Dropout as dem DAX hat auch einen verstärkenden negativen Effekt, da dann Fonds und ETFs die Aktie verkaufen und ihre Depots umschichten, um die Änderungen im DAX abzubilden.

Die Probleme der deutschen Autoindustrie sind vielfältig, Umstellung auf E-Autos ist eine große Herausforderung, aber das Hauptproblem sind meiner Meinung nach die zu hohen Produktions-, Rohstoff- und Energiekosten in Deutschland. Der Ukraine-Krieg hat die Lage noch weiter verschärft.

Autos müssten dank Automatisierung, Produktion in China und Umstellung auf EVs deutlich billiger werden, so wie das auch bei allen anderen Tech-Produkten der Fall ist. Deutsche Autos werden hingegen immer unleistbarer. Nicht nur das Luxussegment.

Eine Möglichkeit wäre, die Produktion bis zur Mittelklasse nach China zu verlagern, die Entwicklung, den Brand, und das Luxussegment und dadurch große Teile der Wertschöpfung in Deutschland zu belassen. Ähnlich wie das Apple mit ihren iPhones macht.

Was sagt ihr zum Dropout von Porsche aus dem DAX? Wie könnte die deutsche Autoindustrie die Krise überwinden?

image.png

https://finance.yahoo.com/quote/P911.DE/

Porsche fliegt aus dem Dax - Blume will "baldmöglichst" zurückkehren

https://de.finance.yahoo.com/nachrichten/porsche-fliegt-dax-blume-will-062612356.html

DAX companies by market cap

https://companiesmarketcap.com/dax/largest-companies-by-market-cap/

Largest German companies by market capitalization

https://companiesmarketcap.com/germany/largest-companies-in-germany-by-market-cap/

English

Porsche AG will be removed from the DAX, just under three years after its 2022 IPO. The German automotive industry is in crisis.

The DAX is the list of the 40 German companies with the largest market capitalization. The list is updated four times a year, and the next change is due on September 22nd.

Porsche has lost approximately 50% of its market cap since its IPO, 27% YTD, which is huge.

The dropout from the DAX also has a reinforcing negative effect, as funds and ETFs then sell the stock and restructure their portfolios to reflect the changes in the DAX.

The problems facing the German automotive industry are manifold. The transition to electric cars is a major challenge, but in my opinion, the main problem is the high cost of production, raw materials, and energy in Germany. The war in Ukraine has further exacerbated the situation.

Thanks to automation, production in China, and the transition to EVs, cars should become significantly cheaper, as it is the case with all other tech products. German cars, on the other hand, are becoming increasingly unaffordable. And not just in the luxury segment.

One option would be to relocate production up to the mid-range segment to China, while keeping development, branding, and the luxury segment in Germany, thereby retaining a large part of the value added. Similar to what Apple does with its iPhones.

What do you think about Porsche dropping out of the DAX? How could the German automotive industry overcome the crisis?

porsche dax cars industry germany deutschland deutsch proofofbrain hive-engine inleo
0
0
0.000
20 comments
avatar

Es müssten auch verhindert werden, das getrickst wird.

Ich glaube BYD warst, die neue Wagen als Gebrauchtwagen zu uns exportiert hatte um Zölle zu umgehen.

Und dann trotz Abschlag ordentlich verdient.

0
0
0.000
Reply
avatar
(Edited)

I wonder what will happen to Porsche with their drop out, now they already lost 50%.
Will they go bankrupt, or will they be taken over by other car manufacturer?
very interesing to see the result for sure, with the global economic uncertainty.
!PIZZA !PIMP

0
0
0.000
Reply
avatar
(Edited)

Einfach das Verbrenner Verbot und die CO2 Steuer kippen und gut ist ;-) Günstige Energie würde auch noch helfen.

0
0
0.000
Reply
avatar

It seems we're becoming less and less competitive in Europe. We'll have to emigrate to China.

0
0
0.000
Reply
avatar

I like this car brand and there was a time I only dreamed of owning a porsche, specifically a GT3. I suppose they'll need to readjust and become more multi-national to keep the business going.

0
0
0.000
Reply
avatar

EV cars are gonna be the next bubble to explode, and well cars in Europe are in crysis

!PIZZA

0
0
0.000
Reply
avatar

It shows how tough the market has become. German automakers need to cut costs and innovate faster, especially with EVs and competition from China, otherwise even the luxury brands won’t stay competitive.

0
0
0.000
Reply
avatar

The dropping out of the DAX is a bad news to Germany auto industry but, to overcome the crises implies looking inwards to see where their strength lies. The available option is to find a way to reduce production cost so as to make products attractive, even if it means forming a partnership.

0
0
0.000
Reply
avatar

I think they need to make some new innovations by applying the latest technologies

!BBH

0
0
0.000
Reply
avatar

That’s a big fall for Porsche in such a short time. The whole German auto industry is really struggling with costs and the shift to EVs. Moving some production abroad might help, but it’s sad to see such strong brands losing ground.

0
0
0.000
Reply
avatar

I think it's hard, but I think its because they didn't do a good job of making anything that stands out compared to their competitors.

0
0
0.000
Reply
avatar

Die deutschen Autobauer haben den Trend E-Autos zu lange verschlafen. Mal schauen, wie sich das die nächsten Jahre weiterentwickelt.

0
0
0.000
Reply
avatar

A very remarkable article! Porsche's departure from DAX is an important milestone not only for Porsche, but for the entire German automotive industry. The challenges and increasing costs brought about by electric vehicle production seem to be truly creating a profound crisis. The production and automation strategy in China mentioned in your article has great potential for how to shape competition, especially in the middle segment. The impact of Porsche from the DAX on the market is also great, as funds and ETFs are reacting quickly to these changes. It can definitely be a strategic approach for Germany to maintain its strength in the luxury car segment and keep the added value in the production here. Considering that the war in Ukraine has made this situation worse, how the industry will overcome the crisis is a really important question. It's a really good analysis, thanks

0
0
0.000
Reply
avatar

Die linke Regierung müsste weg, die die Energiepreise in D. unleistbar macht und ganze Industrien abwandern lassen. Billiges Gas aus Rußland sollte wieder importiert werden. Und Steuern gesenkt, auch für Unternehmer. Aber dazu müsste man die ausufernden Ausgaben in den Griff bekommen, vor allem die Alimentierung Millionen nicht arbeitsfähiger Scheinasylanten.

0
0
0.000
Reply