In a declining overall market, the Volkswagen Group’s core brand achieved a new delivery record of 6.3 million units in 2019, thus delivering more vehicles than ever before. In all key markets, Volkswagen was able to gain market share. The market success is also reflected in significantly improved business figures: The brand’s sales revenue increased by 5 percent year on year to EUR 88.4 billion. Operating profit before special items grew by 17 percent to EUR 3.8 billion.
Despite the Covid 19 pandemic, Volkswagen is starting with the second phase of its TRANSFORM 2025+ strategy this year, thus marking the beginning of a new era for the brand. The large-scale electrification initiative will now also be visible on the roads. The ID.3, the first all-electric car based on the new modular electric drive-matrix (MEB), is delivered to customers since September. With the ID.4, the brand's first fully electric SUV is already in the starting blocks. The continuing electrification of the conventional portfolio will further complement the product range. In doing so, Volkswagen is embarking on the path toward zero-emission mobility for all.