Finance
Press releases
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Brand Group Core records higher unit sales and sales revenue – special factors impact profitability
The sales revenue of the Volkswagen, Škoda, SEAT/Cupra and Volkswagen Commercial Vehicles brands rose significantly in the first quarter of 2025, totaling some 35.3 billion euros. There was strong growth in deliveries of all-electric models. At the same time, provisions in connection with CO₂ regulations in Europe as well as the diesel issue impacted the operating result, which decreased to 1.12 billion euros in the first quarter. Inventory write-downs in connection with the import duties announced by the United States also had an adverse effect on the result. -
Volkswagen is putting its future plan into action with a new pick-up truck for South America
The Volkswagen brand is putting its global future plan into action. With an investment of 580 million USD in Argentina, the brand is paving the way for the next generation of mid-size pick-up truck as a successor to the Amarok. The new model will be produced at the Pacheco plant in Argentina from 2027. It is being developed specifically for the South American market and will strengthen the strategically important pick-up segment in this region. The brand’s goal is to be the global technology leader among volume manufacturers by 2030. A key component of this will be expanding the brand’s position in regional markets and developing market-specific product solutions. -
Brand Group Core reports solid results for 2024 in a challenging environment
The Volkswagen, Škoda, SEAT/Cupra and Volkswagen Commercial Vehicles brands worked closely together in the last financial year. Jointly optimized processes strengthened the resilience of the Brand Group Core. Despite necessary restructuring – at the Volkswagen brand in particular – the brand group reported a solid operating result of some 7 billion euros in a challenging market environment. The successful implementation of model ramp-ups together with moderate increases in vehicle sales and sales revenue underscore the increased resilience of the brand group in the face of external challenges.
Speeches
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