Introduction
Car manufacturers fear a possible downturn in the cyclical business of car manufacturing. Worldwide, the production of cars is declining since 2018. In the first three months of 2019, global automobile production was down by more than 6 percent year on year, according to preliminary figures. In June 2019, the production of passenger cars in Germany was even down 24 percent in relation to the same month a year ago. It seems that this does not affect Volkswagen (OTCPK:VWAGY; OTCPK:VLKAF; OTC:VLKPF). With its latest quarter numbers, the company manages again