Daimler AG, Lithia Motors Plastic Omnium, and Volkswagen AG Receive Global Automotive Shareholder Value Awards Presented by PwC and Automotive News
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DETROIT==Jan. 15, 2014: Today, Automotive News and PwC announced the 2013 Global Automotive Shareholder Value Award winners at the Automotive News World Congress in Detroit, Michigan. The awards are given to companies in who are recognized for highest shareholder returns within one-year and three-year periods among Global Vehicle Manufacturers, Global Automotive Suppliers and U.S. Automotive Retailers categories.
The winners were determined based on their total shareholder return, based on the value of $100 USD invested in a stock over one- and three-year periods and compares relative returns generated by different companies and industry segments, taking into account changes in share prices, dividends and other distributions as well as stock buybacks or splits.
This year's awards follow, along with the corresponding indices:
|
Award Category |
Performance Period |
Company |
H.Q. |
Return |
PwC Shareholder Value Index |
|
Global vehicle manufacturers |
Three-year |
Volkswagen AG |
Germany |
+107.1% |
+38.5% |
|
Global vehicle manufacturers |
One-year |
Daimler AG |
Germany |
+67.5% |
+28.5% |
|
Global automotive suppliers |
Three-year |
Plastic Omnium |
France |
+282.4% |
+63.5% |
|
Global automotive suppliers |
One-year |
Plastic Omnium |
France |
+184.1% |
+53.2% |
|
U.S. automotive retailers |
Three-year |
Lithia Motors, Inc. |
U.S.A. |
+404.3% |
+123.2% |
|
U.S. automotive retailers |
One-year |
Lithia Motors, Inc. |
U.S.A. |
+86.7% |
+39.3% |
The PwC Shareholder Value Index determines a company's performance by taking into account both increases and decreases in share price, dividends, share buy-backs and new share issues. Because it is based on the investment of $100 USD, movements in exchange rates also impact the global index and specific company returns. The result is one benchmark that measures shareholder value for publicly listed automotive companies.
"It is an honor to acknowledge the 2013 Global Shareholder Value Award winners for their achievement," said Jeff Zaleski, PwC automotive transaction services partner. "These leading companies have recognized the importance of providing customers with the innovative products and services they want while meeting a growing global demand. Despite the challenges over the last several years, these companies have successfully focused on creating value for their shareholders."
Shareholder Value Indices have been reported in Automotive News on a quarterly basis since January 2000. The 2013 complete year-end results and Automotive Shareholder Award winners will be included in the January 20 print edition of Automotive News at AutoNews and can also be found at PWC Auto on that date.
* In order to be eligible for the one year award, companies had to have positive returns over the three year period.
