Volkswagen Most Heavily Indebted Group in the World with Debts of $192 Billion US With a debt burden of $192 billion, Volkswagen most indebted company in the world Piles of debt almost equivalent to entire nations like South Africa or Hungary Daimler and BMW also in top 10 with debts of $151 and $114 billion respectively Despite debts: Volkswagen has second highest EBIT margin of all car manufacturers Volkswagen also holds top place on innovations index With a burden of $192 billion US, the Volkswagen Group is the most heavily indebted enterprise in the world. This can be seen in a new infographic from Kryptoszene.de. Their mountain of debt is comparable to that of entire nations such as South Africa or Hungary. All of this despite the fact that the Wolfsburg-based company is highly profitable and...read more...
SourceMiddle East Business