Volkswagen presents Sara Frenkel Award for Respect, Tolerance and Moral Courage to young citizens for the first time
Volkswagen today presented the Sara Frenkel Award for Respect, Tolerance and Moral Courage for the first time. The winners come from Wolfsburg, including young people from the Carl Hahn and Anne-Marie Tausch Vocational Colleges as well as young shop stewards from Volkswagen and a project team of the Aids-Hilfe charity. They received the awards for ideas to strengthen respect and tolerance in society and initiatives to oppose violence and racism with moral courage.
The new plant of the SAIC VOLKSWAGEN joint venture has been completed. It is purely built for the production of all electric vehicles on Volkswagen’s Modular Electric Drive Matrix (MEB). Celebrating the start of pre-production, a first China-specific all--electric Volkswagen ID. model rolled off the production line. The plant sets the next milestone in Volkswagen’s global electrification strategy. The start of series production of all-electric cars based on the MEB platform in Anting is scheduled for October 2020.
Global Social Business Summit Berlin - The Gathering 2019: Volkswagen promotes ideas for social and sustainable business
Social, economic and ecological: At the Global Social Business Summit Berlin - The Gathering 2019 (GSBS) - 550 representatives from business, science, politics and society are discussing business models that pursue social and ecological goals and are profitable at the same time. The conference with participants from 54 countries is taking place on 7 and 8 November in Berlin. For the fourth time, Volkswagen Group is supporting the annual conference with Nobel Peace Prize laureate Prof. Muhammad Yunus and is represented by three members of the Group Management Board: Hiltrud Werner, Integrity and Law, Gunnar Kilian, Human Resources, and An-dreas Renschler, Truck & Bus brand group and CEO of TRATON SE.
Volkswagen will debut the ID. SPACE VIZZION to the world on the eve of the Los Angeles Auto Show on November 19th 2019—a zero-emissions vehicle for a new era, new thinking and new mobility. The ID. SPACE VIZZION is a wagon of tomorrow that combines the aerodynamic characteristics of a Gran Turismo with the spaciousness of an SUV. Stylistically, the ID. SPACE VIZZION follows the design DNA of the ID. family, yet has a completely independent and progressive character.
Volkswagen’s electric offensive is picking up speed: Today saw the official start of series production of the ID.3. The first car in the new generation of electric vehicles (EVs) – a white ID.3 – rolled off the assembly line watched by Federal Chancellor Dr. Angela Merkel and Group CEO Dr. Herbert Diess. The Volkswagen Group plans to sell some 22 million EVs worldwide by 2028, thus helping EVs make the breakthrough. Zwickau has a key role to play in this endeavor: For the first time, a large car manufacturing plant is being entirely converted to e-mobility, with investments running at €1.2 billion. Zwickau is already scheduled to produce some 100,000 electric models next year. From 2021, up to 330,000 EVs will leave the assembly line each year, making the site the largest and most efficient EV factory in Europe and a trailblazer in the transformation of Volkswagen’s global production network.
TRATON GROUP today presented its results for the first nine months of 2019. Unit sales climbed by 8% to 179,100 (prior-year level: 166,300) vehicles, driven by sharp gains in the core markets of Brazil and Europe (especially Germany, France and the United Kingdom). This figure was supported by MAN TGE unit sales of which more than doubled. Sales revenue rose by 6% to €19.8 (€18.6) billion. TRATON GROUP posted operating profit of €1.5 (€1.1) billion, an increase of 34%. The operating return on sales climbed to 7.5 (5.9)%. On an adjusted basis, operating profit improved by 20% and the operating return on sales by 0.8 percentage points. The prior-year figure was held back by expenses of €115 million for the restructuring of activities in India. The level of order intakes declined by 6%. The book-to-bill ratio was well below the prior-year level, at 0.95 (1.09).
The Volkswagen brand is boosting its e-mobility offensive in China. Next year, about 300,000 electrified models are already to be handed over to customers. The figure will then reach about one million by 2025. By 2023, the Volkswagen brand will offer 10 models based on the MEB modular electric drive toolkit on the Chinese market. In Guangzhou, the SUV study ID.Next, already on show at the IAA, gave a glimpse of the first model in the ID. family for China. Production of this model is to start at the end of 2020. The ID.3 will then be produced by SAIC VOLKSWAGEN at the new plant in Anting. This way, Volkswagen is also making its corporate goal clear in China: the brand is on its way to mobility with a net neutral carbon balance.
The Volkswagen Passenger Cars brand continued its profitable growth in the third quarter of the current fiscal year. Despite a slight decline in deliveries, sales revenue of the Volkswagen Group’s core brand improved to EUR 65.4 billion in the first nine months of 2019, up 4.7 percent compared with the previous year. The growth in sales revenue was primarily driven by mix and price effects. Operating profit before special items rose to EUR 3.2 billion, an increase of 35 percent on the prior-year period, which had been negatively impacted by the WLTP changeover. The operating return on sales before special items improved to 4.8 percent as of the end of September (previous year: 3.7 percent). Special items from the diesel issue totaled EUR -722 million after nine months (previous year: EUR -1.6 billion).
Volkswagen is launching in Lisbon the world’s first pilot project for traffic optimization using a quantum computer. For this purpose, Volkswagen is partnering with public transport provider CARRIS to equip MAN-buses with a traffic management system developed in-house. This system uses a D-Wave quantum computer and calculates the fastest route for each of the nine participating buses individually and almost in real-time. This way, passengers’ travel times will be significantly reduced, even during peak traffic periods, and traffic flow will be improved. Volkswagen is testing its system, which was developed jointly with the software specialists Hexad and PTV Group, during the Web-Summit technology conference in Lisbon from November 4 to 8 – during the conference, buses will carry thousands of passengers through the city traffic in Lisbon.
Volkswagen Showcar ID. SPACE VIZZION
Production start of Volkswagen ID.3
World premiere of the new Gol
Joachim Löw and the new Golf
Golf 8 Production
The new Golf