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Press Releases
Volkswagen Group brings 2018 to successful close
The Volkswagen Group has brought the 2018 fiscal year to a successful conclusion. Based on sales revenue of EUR 235.8 billion – a rise of EUR 6.3 billion – the operating profit before special items of EUR 17.1 (17.0) billion was on a level with the previous year. At 7.3 percent (7.4 percent), the operating return on sales before special items was at the upper end of the target range set for 2018. The operating profit stood at EUR 13.9 (13.8) billion; as in the previous year, the figure was negatively impacted by special items of EUR 3.2 (3.2) billion in connection with the diesel issue. Net liquidity in the Automobile Division was again robust, at EUR 19.4 (22.4) billion. The Board of Management and the Supervisory Board propose an increase in dividend to EUR 4.80 (3.90) per ordinary share and EUR 4.86 (3.96) per preferred share.
Successful start to the ID. R electric race car test programme
The countdown has begun: at the sun-drenched “Circuit de Almería” in Andalucía, the purely electric powered ID. R began the preparatory phase for its record attempt on the Nürburgring-Nordschleife. Driver Romain Dumas, who in summer 2019 will seek to break the current record for electric vehicles on the 20.832 kilometres racetrack in the Eifel, completed the first test runs in Spain with Bridgestone tyres this week.
TRATON remains on growth path in 2018
TRATON SE maintained its growth path in 2018. The Group sold 233,000 vehicles of the MAN, Scania, and Volkswagen Caminhões e Ônibus brands, exceeding the prior-year figure by 14%. This is the highest number since the Group was established in 2015. This positive development was driven partly by continuing robust growth in Europe and sharply rising demand in Brazil. Growth was very dynamic in the first six months of 2018, but weakened slightly in the second half the year, coming in at 10% in the fourth quarter of 2018. “We fully achieved our growth targets,” said Andreas Renschler, TRATON CEO and member of the Board of Management of Volkswagen AG. “This success was driven by outstanding products, good customer proximity, a strong team, and a continued stable and attractive market overall.”
Second Environmental Audit successfully closed
The EMS Audit Report 2018 is a report on a special audit of the Environmental Management System that was conducted in 2018. This audit is a requirement arising from Volkswagen's agreements with the Department of Justice (DoJ) and the California Air Resources Board (CARB), which came into force in 2017. The auditors did not find any deviations at any of the audited companies but made some suggestions for improvement.
Volkswagen ID. will be a pioneer of sustainable mobility
Volkswagen is committed to the Paris Climate Agreement and is laying the groundwork for sustainable mobility with its electric offensive. The new ID. that goes into production in Zwickau at the end of the year will play a pioneering role: It will be the Group’s first electric car which is CO2 neutral throughout the entire life cycle if the customer consistently charges with green power. Regarding the manufacturing phase alone, the carbon footprint of the ID. will be improved by more than 1 million tons of CO2 per year. This is roughly the climate impact of a coal-fired power plant that supplies 300,000 households with electricity. In addition, Volkswagen is working on a comprehensive decarbonization program that includes measures for other models. The brand will offer more than 20 fully electric models by 2025.
Volkswagen Group makes solid start to new year
The Volkswagen Group made a solid start to the new year, delivering 882,200 vehicles to customers worldwide in January, 1.8 percent down on the same month last year. At the same time, the Group succeeded in winning market shares in a broadly declining world market. This was the case in Europe, South America and Asia/Pacific. Particularly in the largest single market of China, the Group was not entirely immune to the persistent weakness in the overall market, however, with deliveries only down 2.9 percent, it put on a far better performance than the market as a whole. Dr. Christian Dahlheim, Head of Volkswagen Group Sales, commented: “The Volkswagen Group made a solid start to the new year with relatively stable delivery figures. The fact that we won market shares in a broadly declining overall world market is a good result. It shows the strength of our brands and their products. The persistently volatile geopolitical environment and looming economic risks in individual markets will have a decisive impact on our business this year, and I believe China and Brexit will present us with special challenges, particularly in the first few months of the year.”
Trade fair premiere in Geneva Volkswagen T-Roc R top model
At the Geneva International Motor Show (7 to 17 March 2019), Volkswagen is presenting the new top model for the crossover series successfully launched in 2017: the T-Roc R. The powerful Volkswagen R vehicle not only convinces with impressive performance data. The sporting characteristics of the Volkswagen T-Roc R are accentuated by the unmistakable “R”-specific exterior and interior design.
Volkswagen sees deliveries in January decline
The Volkswagen brand delivered 515,500 vehicles to customers worldwide in January, a drop of 3.4 percent compared with the same month in 2018. Positive delivery trends in Russia (+10.9 percent) and Brazil (+10.8 percent) could not offset decreases in China (-3.1 percent), Western Europe (-4.8 percent) and North America (-8.6 percent). Volkswagen Board Member for Sales Jürgen Stackmann: “As expected, we could not quite match the January 2018 record level this year. Volkswagen won market share in China in a persistently uncertain overall market, despite the decline in deliveries. The order balance is high and, as announced, we are working hard on expanding capacity for our petrol engines in order to better serve high demand during the course of the year. New models such as the T-Cross and the Passat facelift that debuted recently will be launched in the coming months and provide a tailwind.”
Volkswagen Touareg wins gold at the German Design Award
The Volkswagen Touareg won the top gold award in the “Passenger Vehicles” category at the German Design Awards. The prestigious prize was accepted by Klaus Bischoff, Head of Volkswagen Design, at the award ceremony in Frankfurt am Main. There was a great deal of praise from the expert jury for the SUV model, especially for the technology, the high quality and the fun factor.
Stories
The magic of the mix
Volkswagen is banking on electric cars to achieve overall carbon-neutral mobility. We explain why the energy mix is so important. And how the company is already using and offering sustainable electricity.
Lithium to lithium, manganese to manganese
In the future, Volkswagen will offer e-mobility for all – and will assume overall responsibility: from the concepts for the vehicles, through production, sales and operations on to recycling. For this reason, a pilot plant for battery recycling is currently being set up at Salzgitter factory, south-west of Braunschweig, Germany.
Learning from nurse and surgeon
Volkswagen is putting sweeping measures into place as it pursues greater productivity and efficiency in production. The goal: 30 percent higher productivity worldwide by 2025. The main plant in Wolfsburg and heart of the brand is to set a new benchmark.
Background
ID. INSIGHTS Sustainable E-Mobility
At a glance - Keyt facts on sustainable mobility
The New Passat – The Update
To the point: IQ.DRIVE: New Passat will be the first Volkswagen to offer partially automated driving at cruising speed
Albums
Lithium to lithium, manganese to manganese
Likeable, discreet, and pure
Infographics E-Mobility
Pictures E-Mobility
Clean mobility: It's possible!
Touareg in winter landscape
YouTube
