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Volkswagen vs General Motors: A Race for the Best Autonomous Car Stock

S Akash

The best autonomous car stock is a well-established company known for driving innovation in its industry

While autonomous transportation technology is fascinating, the sector is still in its infancy. As with any developing sector, multiple companies are entering the space with a research and development team, hope, and a vision. Investing blindly in any new market, including automated driving and driver assistance, is a risky move that could result in huge losses. Finally, the greatest self-driving car stocks are well-established corporations that are known for keeping on the cutting edge of innovation in their industry. Here is a comparative analysis of top autonomous car stocks for you to explore the best autonomous car stock between the two- Volkswagen and General Motors.

Volkswagen AG and General Motors Company are two well-established players in the auto manufacturers industry. VWAGY is a Germany-based automobile company that offers passenger cars, commercial vehicles, power engineering, and financial services. General Motors in Detroit, Mich., designs, manufactures and sells cars, trucks, crossover vehicles, and related automobile parts worldwide. It also offers vehicle protection, maintenance, satellite radio, and automotive financing services.

While auto production is still suffering from the global semiconductor chip shortage, many auto manufacturers are striving to meet the demand for efficient and advanced products amid the economic recovery and rising discretionary spending. Furthermore, government and private initiatives to address the global chip shortage bode well for the auto industry.

The current autonomous stock price of Volkswagen is US$152.67, 1.42% down from the previous close. In comparison, the current autonomous stock price of General Motors is US$32.83, a 0.58% increase from the previous close.

VWAGY's revenue and EBIT have grown at CAGRs of 3.2% and 18.8%, respectively, over the past three years. The company's total assets have increased at a 5.5% CAGR over the past three years. Analysts expect VWAGY's revenue to increase 10.1% year-over-year in the current year and 6% next year. Its EPS is expected to increase 212.8% year-over-year in the current year and 2.7% next year.

In comparison, GM's EBIT and total assets grew at CAGRs of 18.1% and 3.4%, respectively, over the past three years. The company's revenue declined at a 1.1% CAGR  over the past three years. Analysts expect GM's revenue to increase 8.7% year-over-year in the current year and 16.5% next year. Its EPS is expected to increase 29.5% year-over-year in the current year and 10.2% next year.

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