VW awarded for increasing shareholder returns
PricewaterhouseCoopers, one of the Big Four auditors, has presented Volkswagen with the 2007 Global Automotive Shareholder Value Award.
The Volkswagen Group has achieved the highest increase in shareholder value of all stock market-listed competitors in the global automotive industry over the last three years. The auditing company PricewaterhouseCoopers presented the 2007 Global Automotive Shareholder Value Award to Europe’s largest automaker in Detroit.
Over a one-year and a three-year period, Volkswagen has posted both the highest increase in shareholder value on the stock market as well as the highest total shareholder return. This performance is measured by the Automotive Shareholder Value Index (SVI) which looks at the value of $ 100 invested in a particular stock over the relevant period and compares shareholder returns for the same period.
Credits: Kr0n
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