All Press Releases
This section contains all current press releases on topics and news items concerning Volkswagen.
The new Tiguan is available to order now
Volkswagen is launching the presales of the new Tiguan straight after its world premiere. Volkswagen brand’s best-seller will now not only feature a sharper exterior design, the vehicle will also come with a host of technical innovations: The different powertrain options have an array of sustainable innovations. New control and assist systems guarantee even more convenience and the Tiguan brings a wide range of online-based services and functions on board thanks to the next generation of Infotainment system (MIB3). Four engine and gearbox combinations are initially available to order for the new Tiguan, the entry-model price for the Tiguan (1.5 l TSI engine generating 96 kW / 130 PS with 6-speed manual gearbox) is €28,205.55 in Germany.
Major donation by Volkswagen complete
All the medical supplies which the Volkswagen Group is donating within the framework of its coronavirus support have now arrived in Germany. The final consignment has been shipped from China to Germany. All in all, the donation includes almost 10 million face masks, 6 million pairs of disposable gloves, 300,000 sets of protective clothing, 200,000 protective goggles, 10,000 infrared thermometers and 250,000 liters of disinfectants.
Change in Board of Management of Volkswagen Financial Services AG
Effective August 1, 2020, Dr. Alexandra Baum-Ceisig has been appointed Member of the Board Management of FS AG responsible for HR & Organization. She succeeds Christiane Hesse, who is retiring for age reasons.
Computer Vision to make production within the Volkswagen Group even more efficient
In production, the Volkswagen Group is continuously moving ahead with future-oriented technologies and digitalization. “Industrial Computer Vision” image recognition and processing technology is to help improve productivity in production by 30 percent from 2016 to 2025. “The use of this technology offers considerable potential for making our production plants even more efficient. By 2024, we already expect cost reductions running into the double digit million euro range throughout the group,” says Gerd Walker, Head of Volkswagen Group Production. “The focus is on applications which we can develop at one location and then roll out throughout the Group.” The first two Computer Vision solutions from Porsche and Audi are currently being prepared for Group-wide rollout and connection to the Volkswagen Industrial Cloud.
Electrified and energised: world premiere of the new Tiguan
The Volkswagen Tiguan is Europe’s most successful Sports Utility Vehicle and one of the top-selling SUVs in the world. More than six million units have been produced to date. In 2019, the Tiguan was again the most popular model of the brand and entire Volkswagen Group, with around 911,000 units produced. Volkswagen is now showcasing a comprehensive update of the best-selling vehicle as part of its world premiere. Ralf Brandstätter who has today been appointed the new CEO of the Volkswagen brand: “We launched our global SUV strategy with the second-generation Tiguan in 2016. It served as the basis for many successful models worldwide. Volkswagen is now taking the next step by electrifying, digitalising and networking the new Tiguan. This will equip the compact SUV to handle the challenges of the modern era.”
Note to editors: Changes at Volkswagen Communications
Changes at Volkswagen Communications: Nicole Mommsen takes over as Head of Corporate Communications for the Volkswagen Group and the Volkswagen brand effective August 1, 2020. She succeeds Dr. Marc Langendorf, who left the company at his own request on May 1, 2020. Nicole Mommsen reports to Peik von Bestenbostel, Head of Volkswagen Group Communications. Communications is also realigning its management structure in light of the recent changes in the Volkswagen brand Board of Management. The new Head of Communications at the Volkswagen Passenger Cars brand effective July 1, 2020, is Robin Aschhoff. In this function, he reports to the CEO of the Volkswagen Passenger Cars brand, Ralf Brandstätter.
Volkswagen ends short-time working in Germany
The Volkswagen Passenger Cars, Volkswagen Commercial Vehicles and Volkswagen Group Components brands plan to discontinue short-time working at their German plants until further notice from July 1, 2020. This concerns the plants at Brunswick, Chemnitz, Emden, Hanover, Kassel, Osnabrück, Salzgitter and Wolfsburg. Short-time working at Dresden and Zwickau had already come to an end some time ago. Thanks to the opening of dealerships and the sales promotion offerings, the order situation has recently developed in a positive way. “However, it remains extremely difficult to predict further developments. We will therefore keep a close eye on the situation in order to react in line with demand,” said Arne Meiswinkel, Head of Group HR Policy and Steering.
Volkswagen provides journalists with facts, figures and data concerning the 77th German Cup Final
On Saturday, the German DFB Cup Final match between FC Bayern Munich and Bayer 04 Leverkusen will take place at the Berlin Olympic Stadium. As an official partner of this traditional tournament, as well as the German Football Association (DFB), Volkswagen will provide sports journalists with a comprehensive data kit as in previous years. This is now available for download at www.volkswagen-newsroom.de/en in both German and English.
TRATON CEO Andreas Renschler sees increasing flexibility and focus as positive repercussions of the coronavirus crisis
At the “Summer of Purpose” in Munich, Andreas Renschler spoke about the key lessons the commercial vehicle manufacturer with the Scania, MAN, and Volkswagen Caminhões e Ônibus brands had taken from the coronavirus crisis to date. “The experience from the coronavirus pandemic will strengthen our resilience as a society because we’ve become more flexible and even more focused. The same goes for the TRATON GROUP,” said Andreas Renschler, CEO of TRATON and member of the Board of Management of Volkswagen AG, at the event, the idea for which came from the Bangladeshi Nobel Peace Prize laureate Professor Muhammad Yunus. “The lockdown has clearly demonstrated the speed with which we can adapt when we need to,” added Renschler.
Transformation continuing apace: Zwickau car factory to produce only electric models in future
The last model with a combustion engine left the assembly line today at the Zwickau car factory. The seventh generation Golf R Estate with 2.0-litre petrol engine in Oryx White Pearl Effect was produced for a customer in Germany. From today on, only electric models of Volkswagen and in future also of the sister brands Audi and Seat will be produced in Zwickau. The leap into the modern automobile age has been a long one: since 1904, cars with combustion engines have been built in Zwickau - initially for many years, including Horch models, and in GDR times the Trabant came off the assembly line here. In May 1990, Volkswagen started production at its plant in western Saxony. Over the course of the past 30 years, exactly 6,049,207 Volkswagen cars of the models Polo, Golf, Golf Estate, Passat Saloon and Passat Variant have been produced in Zwickau.
One becomes two: world premiere of the new Arteon and Arteon Shooting Brake
One model series, two versions! Volkswagen is presenting the new Arteon in a world premiere and is unveiling a second version – the new Arteon Shooting Brake – at the same time. This model is a completely new interpretation of the estate concept. “Volkswagen will launch 34 new models this year. There has never been such an extensive model initiative in the history of the brand,“ says Ralf Brandstätter, Chief Operating Officer und designated CEO of the Volkswagen Pkw brand. “The Arteon Shooting Brake extends our model range in the important midsize-segment. It will set standards in its class with its dynamic design, high functionality and modern technologies.“
Volkswagen hands over first phase of Covid-19 temporary medical facility
Seven weeks after the initial announcement of the company’s plans to provide a temporary medical facility for Covid-19 patients, Volkswagen Group South Africa (VWSA) today handed over the first phase of this project to the Eastern Cape Department of Health.
Stress test for everyday suitability: company employees in Saxony begin testing fleet of 150 ID.3
For selected employees at Volkswagen Sachsen, the e-mobility of tomorrow begins today: They will be testing the all-electric Volkswagen ID.3 for everyday usability over a period of several weeks – before delivery officially starts in early September. A total of 150 ID.3 built in Zwickau have been reserved for employees at the three plants in Saxony for everyday testing under real conditions to analyze anonymized data on the usage and driving behavior of the ID.3. Over the coming months, this will provide Volkswagen with a steady stream of additional information from hundreds of thousands of kilometers travelled.
First-time investment grade credit ratings assigned to TRATON SE
Following TRATON’s successful IPO in June 2019, TRATON SE began preparations with Moody’s Investors Service (Moody’s) and S&P Global Ratings (S&P) during H2 2019 in order to set up inaugural issuer credit ratings. Post recent updates to the rating agencies reflecting estimated impacts of the COVID-19 pandemic, TRATON has decided to publish the ratings to the financial community.
First overseas car freighter with low-emission LNG propulsion in service for Volkswagen Group
Premiere in Emden: For the first time, vehicles from Europe will be transported from Europe to North and Central America on a car freighter powered by liquefied natural gas (LNG). On Tuesday evening the SIEM CONFUCIUS with more than 4,800 vehicles for North America leaves Emden for Veracruz in the Gulf of Mexico. The LNG drive reduces carbon dioxide emissions by up to 25 percent, nitrogen oxide emissions by up to 30 percent, soot particles by up to 60 percent and sulphur oxide emissions by up to 100 percent.
All Volkswagen plants back to production with effect from today
Today, production resumes at the Puebla plant in Mexico. All 16 plants of the Volkswagen Passenger Cars brand throughout the world have therefore returned to production. Andreas Tostmann, Member of the Volkswagen Passenger Cars brand Board of Management responsible for Production and Logistics, said: “We have succeeded in resuming production with priority on maximum health protection. Not a single part has been missing in production. Thank you very much to our team – and also to our suppliers and logistics contractors.” For the European plants of the brand alone, Volkswagen purchases about 100,000 different parts from its suppliers.
Volkswagen increases stake in QuantumScape
The Volkswagen Group is increasing its stake in QuantumScape and making an additional investment of up to US$200 million in the US battery specialist. The goal is to drive forward the joint development of solid-state battery technology. In future, solid-state batteries are expected to significantly increase range and shorten charging times further. “We are making technological progress with our partner QuantumScape. The additional investment will effectively strengthen and accelerate our joint development work”, said Thomas Schmall, Chairman of the Board of Management of Volkswagen Group Components, which has end-to-end responsibility for batteries. The Volkswagen Group and QuantumScape have also been collaborating in a joint venture to enable industrial-level production of solid-state batteries since 2018.
Only at Volkswagen: visitors can help build the e-Golf in the Transparent Factory in Dresden
As of today, visitors of Volkswagen's Transparent Factory in Dresden have the opportunity to get even closer to the e-Golf during production. With the new Mach-Mit production experience, they can accompany the vehicles along the production line for a while. Under the expert guidance of Volkswagen employees, they can help out at up to five different stations - for example, when attaching the e-Golf logo. Further experience points include the connection of the powertrain and body ("marriage"), the installation of the tail lights on the tailgate and the fitting of the radiator and radiator grille front with the brand logo. It is planned to offer the experience package from 2021 on also for the ID.3, which will then be produced in Dresden.
Wallbox for everyone: Volkswagen rolls out ID. Charger
Volkswagen has started sale of the ID. Charger for quick and easy home charging for electric vehicles. The wallbox can be ordered online or from Volkswagen dealers in eight European countries. The first boxes were delivered to customers recently. At an introductory price of €399, the ID. Charger offers an excellent price-performance ratio. It was developed with the ID.3 and the ID. family in mind, but can also be used to charge all other electric cars with a Type 2 connector. The new Volkswagen wallbox is part of a complete ID.3 package designed by Volkswagen to make the switch to an electric car as simple and convenient as possible.
Volkswagen Partnership realises Katharina Grosse exhibition at Hamburger Bahnhof – Museum für Gegenwart – Berlin
Katharina Grosse is internationally ranked as one of the most renowned artists from Germany. In the last weeks she has created a vast painting with her signature powerful colors for the interior and exterior space of the Hamburger Bahnhof – Museum für Gegenwart – Berlin.
Volkswagen takes action in response to criticism of social media clip
In response to the rightly criticized Internet clip to promote the Golf 8, the company has decided to take a number of actions. This is to ensure that the production and publication of inappropriate content will be prevented in future.
Ford, Volkswagen Sign Agreements for Joint Projects On Commercial Vehicles, Electrification, Autonomous Driving
Ford Motor Company and Volkswagen AG today signed agreements that expand their global alliance to meet rapidly evolving needs of their respective customers in Europe and other regions by leveraging complementary strengths in midsize pickup trucks and com-mercial and electric vehicles.
ID.3 1st deliveries begin in early September
The final timetable for the start of Volkswagen’s ID. family has been set: Binding orders for the 30,000 models making up the limited 1st Edition of the ID. 3 can be placed from June 17 in most European countries. As a token of thanks for their loyalty to the brand, Volkswagen is offering all pre-bookers wishing to take possession of their ID.3 1st as quickly as possible membership the 1st Mover Club. Delivery of the ID.3 1st to “First Movers” begins in early September.
Supervisory Board accepts apology of Dr. Herbert Diess
At yesterday’s Supervisory Board meeting, which focused on personnel matters, the Su-pervisory Board and Dr. Herbert Diess also discussed statements of Dr. Diess at an internal event. Dr. Diess formally apologised for these statements towards the members of the Supervisory Board, declaring that these statements were inappropriate and wrong. The members of the Supervisory Board accepted the apology of Dr. Diess, and will continue to support him in his work.
Dr. Stefan Sommer is leaving Volkswagen
Dr. Stefan Sommer will be leaving the Board of Management of Volkswagen Aktiengesellschaft on 30 June 2020.
Ralf Brandstätter to lead Volkswagen core brand in future
The Volkswagen Group is reassigning responsibilities for the management of the brand and the Group. The Volkswagen core brand is to be led by the brand’s previous COO, Ralf Brandstätter from July 1, 2020. The CEO of the Volkswagen Group, Dr. Herbert Diess, who had previously been responsible for both functions, will therefore receive greater leeway for his tasks as Group CEO. Within the Group Board of Management, he will retain overall responsibility for Volkswagen Passenger Cars and the Volume brand group. The objective will be a stronger focus on the tasks at the top level of the Group and the brand in the cur-rent transformation phase of the automotive industry. The Supervisory Board took note of this at its meeting held today.
Volkswagen expands Executive Committee of the Supervisory Board to eight members
The Supervisory Board of Volkswagen Aktiengesellschaft has added two further members to its Executive Committee, taking membership to eight. This was announced by the Company’s Supervisory Board on Friday, 5th June 2020. The reason for the expansion is increasing duties and responsibilities. Recent legislation such as the Act Implementing the Second Shareholder Rights Directive (ARUG II) and the amended German Corporate Governance Code (DCGK) has significantly increased the committee’s workload. In future, Dr. Hans Michel Piëch as a representative of the shareholders and Bertina Murkovic as a representative of the employees will serve on the Executive Committee.
Volkswagen starts development of climate projects for CO2 compensation
The Volkswagen Group and the project developer Permian Global have signed a Joint Development Agreement to create climate protection projects. With the support of Permian Global, the Volkswagen Group will begin developing climate protection projects to protect tropical forests in the second half of 2020. Following successful verification, the avoided deforestation and restoration of endangered forests will lock away carbon and deliver carbon credits that will be used to compensate for CO2 emissions from the supply chain, production and logistics of vehicle, as long as these CO2 emissions cannot be avoided and renewable energies cannot be used currently.
A British jump start – Volkswagen remembers the beginning of British trusteeship 75 years ago
75 years ago, from June 5, 1945, the British military entered its zone of occupation, replacing the US troops. In Wolfsburg, the British Military Government assumed trusteeship over Volkswagenwerk GmbH, beginning a unique post-war story. The key figure in this story is 28-year-old Major Ivan Hirst. With a talent for improvisation, organizational capabilities and tremendous farsightedness, he reshaped the armaments plant, which had been largely destroyed and was intended for demolition, into a civilian car factory. This way, the British prepared the ground for the later global success of the Beetle and laid the foundation for today’s Volkswagen Group. Volkswagen honors the British era with the documentary film “My brief was very simple“, in which Ivan Hirst tells his Volkswagen story.
Class #5 of Volkswagen's incubator programme: Five start-ups make a virtual start to the next round
Volkswagen's start-up program entered its fifth round today in Dresden. Five startups will work together with the Transparent Factory and the Volkswagen Group for six months. The launch of a new class of the “Future Mobility Incubator” took place virtually for the first time. The dates for the presentation in the Transparent Factory are currently being planned. The founders now have until the end of November to push their concepts forward with the support of specialist departments in Wolfsburg, Berlin and Dresden.
Initial facts about the new Arteon: preview to the virtual world première on June 24th
The Arteon is Volkswagen’s Gran Turismo – avant-garde, full of energy and efficient. Volkswagen is now giving a first preview towards the new Arteon. Alongside the classic Gran Turismo, a second product line variant will also be available in future as a Shooting Brake. This model is both dynamic and elegant, and impresses with the flexible concept of an estate. Klaus Bischoff, Head of Volkswagen Group Design and Volkswagen brand’s Design department: “With the Arteon Shooting Brake we have created a new balance between speed, power and space.”
YouTube series “Becoming ID.” wins award
The YouTube series “Becoming ID.” received the Gold award at the international Telly Awards in the “Branded Content - Campaign Branding” category. In addition to the cinematic implementation, the fact that the series offered an unusually intensive look behind the scenes of the history of the creation of the ID.3 and thus a completely new generation of vehicles was also recognized.
Group-wide personnel changes in Technical Development and Product Line organization
Matthias Rabe has been named Member of the Board for Engineering at Bentley effective August 1. He succeeds Werner Tietz, who moves to SEAT as Executive Vice-President for Research and Development as of July 1. Werner Tietz succeeds Axel Andorff, who assumes responsibility for the Midsize and MEB Product Line at ŠKODA, also with effect from July 1. He takes over from Matthias Glodny, who becomes Head of the Modular Toolkits, Drivetrains and Modules Product Line at Volkswagen Passenger Cars brand.
Volkswagen intensifies e-mobility activities in China
Today, Volkswagen has initiated the next chapter for its business in China. Volkswagen plans to increase its share in JAC Volkswagen, its joint venture for e-mobility. Around €1 billion is to be invested. This amount includes the acquisition of 50 percent of JAG, the parent company of the Volkswagen partner JAC, and an increase in the stake in JAC Volkswagen from 50 to 75 percent. By gaining management control, Volkswagen is paving the way for more electric models and infrastructure. Furthermore, Volkswagen will acquire a 26 percent stake in battery manufacturer Gotion High-Tech Co., Ltd. for around €1 billion, becoming the company’s largest shareholder.
Landmark in Volkswagen-Ford global alliance
Landmark in Volkswagen-Ford global alliance: The Volkswagen AG Supervisory Board ap-proved further contracts under the cooperation with Ford Motor Company announced last year. The next milestones in the vehicle projects are anticipated to be implemented in near the future with the signatures of both companies. Three projects in the areas of elec-trification and commercial vehicles are planned to be realized as a first step. The Volkswagen-Ford global alliance – which does not involve cross-ownership between the companies – is expected to create annual efficiencies for each company.
Volkswagen Group Components presents the SPEED+ Awards
Today, for the third consecutive year, Volkswagen Group Components awarded the Speed+ Award to its best performing plants. Thomas Schmall, CEO of Volkswagen Group Components, presented the coveted awards from the international and cross-brand competition for efficiency for the first time in an online event. The nominated plants from sites around the world tuned into the live event; thousands of employees followed the announcement of the winners by webcast. The component plants of the Audi, SEAT and ŠKODA brands also took part in the competition for the first time. The Tianjin components plant in China was the big winner this year, scooping three gold awards.
Cultural Initiative 'Volkswagen ART4ALL' Is Honored with Significant Award
During the digital meeting of the Working Group for Cultural Sponsoring (AKF – Arbeitskreis Kultursponsoring) within the Association of Arts and Culture of the German Economy at the Federation of German Industries (Kulturkreis der deutschen Wirtschaft im BDI e.V.) taking place this evening, Volkswagen will receive the AKF-Award for the format 'Volkswagen ART4ALL', honoring its successful and invaluable role in cultural engagement. Since April 2018, Volkswagen and Hamburger Bahnhof – Museum für Gegenwart – Berlin have not only been offering free admission between 4 and 8 pm every first Thursday of a month, but also enhanced by various artistic programs, workshops and guided tours, inviting everybody to participate in the cultural world. Starting in January 2020, Kunstmuseum Wolfsburg has joined the format and offers its visitors free admission between 4 and 9 pm every last Wednesday of a month.
World premiere of the new Volkswagen Nivus
Tomorrow, Volkswagen do Brasil will be presenting its most recent model: the Nivus. The new Crossover Utility Vehicle (CUV) in the small car segment convinces with dynamic design, an ample vehicle interior and an elevated seating position. The virtual world premiere will take place at 4 pm (CEST). The presentation is broadcasted at https://press.live-vwnivus.com/. The event from Sao Paulo will be held in English, Spanish and Portuguese.
JETTA successfully offers entry-level individual mobility in China
JETTA, Volkswagen’s sub brand in China, continues to be a well-received option for buyers in China seeking to own a car for the first time. In April, JETTA delivered 13,500 cars to customers. This equals roughly one percent of the world’s largest automotive market, a development made possible by one of the best brand starts in Chinese history. From
January to April, around 38,000 of the brand’s cars were sold.
Volkswagen is publishing reports about a special audit of the Environmental Management Systems
Today Volkswagen is publishing the third and final series of reports from an Environmental Management System special audit, conducted in 2019, which is required by the U.S. Department of Justice and California Third Partial Consent Decrees (“Consent Decrees”) entered into by Volkswagen in 2017.
All Volkswagen retail partners agree new sales model for ID. family
All Volkswagen retail partners have signed the agreement for the new sales model for vehicles from the all-electric ID. family. The sales launch of the ID.3 marks the start of the agency model for private customers and small commercial enterprises that has already proven its worth for major customers over many years. The benefit for customers: They can switch seamlessly between online and offline channels and order direct from Volkswagen, while their preferred dealer remains their local contact. The dealer assumes the role of agent under the new model and receives a commission from Volkswagen for this service.
Golf GTI with new Vehicle Dynamics Manager
Agile drive, the running gear of dreams, unmistakeable design, perfect ergonomics, unadulterated driving pleasure – that’s the DNA of a true sports car. At Volkswagen, this is represented by three letters: GTI. The eighth generation of the sporty Golf derivate is now on the way. The new Golf GTI is more digital, networked, more sharply designed and more active in motion than ever before. Its turbocharged engine generates 180 kW (245 PS). The new Vehicle Dynamics Manager intelligently manages the electromechanical running gear systems. Maximum dynamism, maximum comfort – Golf GTI combines both.
Volkswagen stands up for respectful coexistence
Volkswagen is supporting “Wolfsburger Woche für Vielfalt und Toleranz” (Wolfsburg diversity and tolerance week) organized by Aids-Hilfe Wolfsburg. Representatives from the German Aids organization and the Group Works Council raised rainbow flags outside the brand tower as a visible sign of the initiative. The rainbow is a global symbol of diversity, tolerance and acceptance.
Strong impetus from Volkswagen to boost sales
From May 15, Volkswagen Passenger Cars is offering customers the #vwfüreuch program, an attractive all-in package for leasing and financing. From a monthly payment of €9.99, the package includes payment protection insurance in case customers lose their job as well as maintenance and inspections and an extended warranty for the entire term of the contract. Customers can also benefit from especially attractive leasing and financing conditions.
Volkswagen invests in battery operations at Salzgitter
The joint venture between Volkswagen Group and the Swedish battery producer Northvolt AB is gaining further momentum. It has been decided that Volkswagen itself will erect the buildings and infrastructure for the joint venture’s “Northvolt Zwei” factory that is to produce lithium-ion battery cells, in order to leverage synergies at the Salzgitter site – based on the existing Center of Excellence for Battery Cells. Some €450 million is to be invested in this project. The joint venture will then rent the factory space. Battery cell production at the plant is scheduled to commence in early 2024 with an initial production capacity of 16 gigawatt hours.
Volkswagen remembers end of war 75 years ago: a day of liberation and warning
With a minute’s silence at its Wolfsburg plant, Volkswagen is today remembering the end of the Second World War in Europe on May 8,1945. On behalf of the company and its workforce, Arne Meiswinkel, Head of Group HR Policy and Steering, Bernd Osterloh, Group Works Council Chairman, and Plant Manager Dr. Stefan Loth laid white roses on the stone of remembrance for the victims of forced labor at the former Volkswagenwerk GmbH.
Personnel changes in the Quality organization of the Group and the Volkswagen brand
Frank Moser is the new Head of Group Quality. He is currently Head of Corporate Quality at Porsche AG and will continue to hold this post when he succeeds Andreas Klar, who is retiring from the company under a retirement program, effective June 1, 2020. Christiane Engel, currently Plant Director at the Volkswagen Poznań plant in Września, also succeeds Andreas Klar – in his brand role – as Head of Quality Assurance at the Volkswagen Passenger Cars brand effective June 1, 2020. Stefanie Hegels takes over as Plant Director at the Volkswagen Commercial Vehicles plant of Volkswagen Poznań in Września effective June 1, 2020.
Volkswagen ID.3 wins leading industry design award
The Volkswagen brand dominated the Automotive Brand Contest 2020, securing a total of five awards in the automotive design segment. The ID.3, the all-electric model leading the brand into the future, was named “Best of Best” in no less than two categories. The new Golf and the ID. SPACE VIZZION concept car were also amongst this year’s award winners. The Automotive Brand Contest is the only independent, international design competition for automotive brands.
Jörn Hasenfuß to head Osnabrück plant
Jörn Hasenfuß, hitherto member of the Board of Management responsible for Procurement at Volkswagen Commercial Vehicles, has been appointed Speaker of the Management Board and Managing Director of the Technical Division of Volkswagen Osnabrück GmbH effective May 1, 2020. In his role as Osnabrück plant manager, he succeeds Jörg Müller, who led Volkswagen Osnabrück GmbH since 2019 and is retiring from the company under a retirement program.
The TRATON GROUP prepares for the re-opening of the economy in a very challenging environment
In anticipation of a downturn in the market in Europe and due to the initial effects of the global corona pandemic, the TRATON GROUP recorded falls in unit sales, sales revenue, and operating profit in the first three months of 2020 and is now making preparations for the re-opening of the economy in a very challenging environment. Unit sales of the three brands MAN, Scania, and Volkswagen Caminhões e Ônibus contracted by 20% to 46,000 (prior-year level: 57,200) vehicles in the first three months of the year. With unit sales down 21% to 42,000 (53,000) vehicles, the decline in truck sales was more marked than in buses, where a drop of 4% to around 4,000 (4,200) vehicles was recorded.
Volkswagen prolongs worldwide new vehicle and extended warranties by three months
The Volkswagen Passenger Cars brand is extending the warranty period for new vehicles by three months. This applies to all vehicles produced in Europe or for the European market with a two-year new vehicle warranty or an extended warranty that expires between March 1, 2020 and May 31, 2020. The prolongation is valid for three months after the expiry of the original new vehicle or extended warranty.
Volkswagen Brand – First-quarter sales revenue and profit down on previous year due to impact of Covid-19
Volkswagen Passenger Cars experienced a substantial impact on its business in the first three months of 2020 due to the Covid-19 pandemic. Despite a solid start to the year, deliveries to customers by the core Volkswagen brand decreased by around 25 percent to 1.1 million vehicles over the January to March period of 2020. In the same quarter, sales revenue fell by some EUR 2.6 billion (-11.9 percent) to around EUR 19 billion. The core brand’s operating profit remained positive. Standing at around EUR 481 million, it fell by 50 percent in comparison to the previous year’s figure before special items. The operating return on sales in the first quarter of 2020 was 2.5 percent (4.3 percent in previous year before special items).
Volkswagen launches the all-new T-Roc Cabriolet
The new T-Roc Cabriolet is on its way to dealerships just in time for spring. Volkswagen’s first convertible crossover links the best of both the convertible and the SUV world by combining driving pleasure with usefulness and striking design. Elements including the rollover protection system and a reinforced windscreen frame are designed to ensure maximum safety. The new convertible is now available at Volkswagen dealerships, in Germany the model will be available from a basic price of €27,495.
Volkswagen steps up development of Industrial Cloud
The Volkswagen Group is forging ahead with the integration of its plants into the Volkswagen Industrial Cloud. The aim is to further improve the efficiency of the plants and reduce production costs. The first three plants were already linked up in 2019. “In 2020, we intend to bring 15 further plants into the Cloud,” says Gerd Walker, Head of Production of the Volkswagen Group. Work on the project also continued consistently while production was suspended during the coronavirus crisis. “We are making good progress and significantly forcing the pace,” says Roy Sauer, Head of Enterprise & Platform Architecture of the Volkswagen Group. From 2016 to 2025, Volkswagen intends to boost the productivity of its plants by 30 percent and “our Industrial Cloud will be a key lever for achieving this objective,” says Walker. All in all, the Group expects cost savings totaling several billion euros when the data of all 124 plants can be evaluated in a standardized way. The Industrial Cloud is built on Amazon Web Services (AWS), and Siemens is the integration partner.
Volkswagen Group’s business substantially impacted by Covid-19 pandemic in first quarter
The Volkswagen Group recorded a substantial impact on its business as a result of the global Covid-19 pandemic following the first three months of the current fiscal year. Deliveries to customers decreased by 23.0 percent compared to the same period of the previous year to 2.0 (2.6) million vehicles. Sales revenue fell by 8.3 percent from January to March to EUR 55.1 (60.0) billion. Operating profit before special items decreased significantly by 81.4 percent to EUR 0.9 (4.8) billion. In the previous year, special items as a result of the diesel crisis reduced profit by EUR –1.0 billion. There were no special items in the first quarter of 2020. The operating return on sales in the first quarter of 2020 was 1.6 percent (6.4 or 8.1 percent before special items). In addition to the fall in unit sales due to the drop in customer demand, turbulence in the commodity and capital markets caused the fair value measurement of commodity hedges to have a negative effect and also led to negative currency effects. Earnings before tax fell to EUR 0.7 (4.1) billion.
Together with its cultural partners Volkswagen is striking out into new creative online channels
Due to the corona crisis Volkswagen and its cultural partners have changed joint real-world events into digital formats. The respective second joint issues of the new online editions of Volkswagen ART4ALL together with the Kunstmuseum Wolfsburg and Hamburger Bahnhof – Museum für Gegenwart – Berlin have since moved to the Facebook and Instagram channels of the partners.
Create your ID.3: Volkswagen invites designers to take part in competition on Instagram
What might an electric vehicle such as Volkswagen’s new ID.3 look like in 30 years time? Will holograms replace controls inside the vehicle? Will the vehicle be driving around autonomously and how would the vehicle exterior have to be adapted to these demands? Today, on 27 April, World Design Day, Head of Volkswagen Group Design, Klaus Bischoff, will be launching a competition at Instagram @volkswagen_de. The task at hand: designing the ID.3 for 2050.
TRATON launches several corona crisis relief campaigns
The TRATON GROUP and its brands join the effort to overcome the corona crisis with targeted relief campaigns. TRATON will, for instance, support the “DocStop für Europäer e.V.” association, which provides for an improvement in medical care and working conditions for bus and truck drivers on the road. “Professional truck drivers have a hard enough job to do even in normal times,” said Andreas Renschler, CEO of TRATON and member of the Board of Management of Volkswagen AG. “The spread of the corona virus has made it even harder. This crisis has clearly demonstrated to us just how important supplies of medication and food are to us. We would not have access to them without road transportation. This is why I am really happy about the contribution we are making to help these truly system-relevant workers.”
Production at Volkswagen in Wolfsburg begins again today
The Volkswagen Passenger Cars brand resumed vehicle production at its Wolfsburg plant today with the early shift beginning at 6:30 a.m. Initially, Golf production will recommence on a one-shift basis — with reduced capacity and longer cycle times. Today, some 8,000 employees are returning to the production halls. Production of the Volkswagen Tiguan and Touran models as well as the SEAT Tarraco begins on Wednesday. Multi-shift operation is to get underway again the following week. At the same time, some 2,600 suppliers, the majority of them located in Germany, have resumed production for Volkswagen’s main plant. Measures to protect the health of the workforce have been significantly expanded.
Medical supplies for doctors and hospitals: More than 5 million masks have already arrived
Large quantities of the medical supplies which the Volkswagen Group has been organizing in China for doctors, care facilities and hospitals since the end of March are now arriving in Germany. About 5 million face masks have now been delivered and many of them have already been distributed. Over the next few days, many other consignments are expected, bringing the total number of equipment items to 13 million, in addition, 750,000 liters of disinfectant, which will be arriving from May onwards, have been ordered. The total value of the supplies being donated by the Volkswagen Group to support medical and care facilities is about €40 million. In addition, the Group is also organizing and delivering medical supplies ordered by the German government under a framework agreement with the Federal Ministry of Health. Further deliveries of several million masks are expected over the next few weeks. On Sunday afternoon, Bernd Althusmann, Minister of Economic Affairs of Lower Saxony, Gunnar Kilian, HR Board Member of Volkswagen, and the Chairman of the Group Works Council Bernd Osterloh welcomed an aircraft with a further consignment from China at Hanover airport. Among other items, this consignment included temperature scanners which are being donated by Volkswagen to the German government and the State of Lower Saxony, as well as masks ordered by the German government.
Zwickau vehicle plant resuming production of the ID.3 slowly and gradually
The Volkswagen plant in Zwickau is gradually restarting production of electric cars. Production of the all-electric ID.3 resumes today (Thursday), initially with reduced capacity and significantly slower cycle times. Numerous additional measures to protect the health of the workforce are being implemented, and the restart is also oriented to the gradual stabilization of international supply chains. “We all have a historic task to accomplish. That task is to protect the health of our employees - and at the same time get business back on track responsibly”, said Thomas Ulbrich, Volkswagen Brand Board Member for E-Mobility and Speaker of the Management Board of Volkswagen Sachsen.
Volkswagen supports its 40,000 suppliers with instructions for protective measures in production
In connection with the resumption of production, the Volkswagen Group has developed measures ensuring the maximum level of health protection for its employees and is now implementing them at its plants. In order to provide the best possible support for the resumption of production and logistics processes in the coronavirus crisis by its more than 40,000 suppliers and several hundred logistics contractors throughout the world, the Group is making its concepts available to them with immediate effect.
The brands of the TRATON GROUP are ready to ramp up their plants
The brands of the TRATON GROUP are gradually restarting production operations that have been shut down since mid-March. Following the shutdown of production, Scania Vehicles & Services will initially test the stability of its supply chain and its production line processes on two business days that will be carried out at a reduced tempo while adhering to health-protection requirements. Scania’s production sites in France and Brazil will begin to ramp up their operations a week later. MAN Truck & Bus will restart its bus and truck production step by step, beginning on April 27. Volkswagen Caminhões e Ônibus will put the assembly lines of its main plant in Resende, Brazil, back into operation beginning on April 27. The VWCO plant in Queretaro, Mexico, is scheduled to reopen on May 4.
Resumption of business by car dealerships: Volkswagen launches “JumpStart” program
The Volkswagen Passenger Cars brand has launched comprehensive online training for German car dealers in order to boost the resumption of business activities. About 70 percent of dealerships have now reopened. In addition to practical check lists for the implementation of the hygiene precautions required and new service offerings, dealers are also receiving specific tips on the use of digital tools and ideas for their social media channels. Volkswagen also offers customers attractive packages for.
TRATON SE announces preliminary Q1 2020 results
The ongoing Covid-19 pandemic still has a significant impact on TRATON GROUP's business. As a result, the production chains in the commercial vehicle industry has largely come to a standstill. Supplier bottlenecks led to extensive production stops within the TRATON GROUP.
Sally Perel – “Hitler Youth Solomon” celebrates 95th birthday
Sally Perel is celebrating his 95th birthday on April 21. Because of the coronavirus pandemic, he will be spending his special day alone at home in Givataim, near Tel Aviv (Israel). “Above all, I hope that I will be able to travel again soon,” said Sally Perel over the phone. He gained international fame through his autobiography “I Was Hitler Youth Solomon”. He is not content with doing nothing. Sally Perel is used to being on the road and meeting young people so that he can “vaccinate” them, as he says, at discussion events, to make them immune to nationalist, racist and anti-Semitic ideas.
Tiguan: Global bestseller breaks the six million mark and has been the best-selling Volkswagen in 2019
Since 2007, the Tiguan is an integral part of Volkswagen’s product range. The compact SUV soon evolved from newcomer to the most successful model of the brand. In 2020, Volkswagen is initiating the next chapter of the Tiguan success story with a major technical and optical update. The countdown is on..
Volkswagen AG withdraws 2020 full-year outlook due to business impacts from covid-19 pandemic
The ongoing Covid-19 pandemic has also had a significant impact on Volkswagen Group’s business. As a result, the automobile retail network has largely came to a standstill. The resulting decline in customer demand and supplier bottlenecks led to production stops within the Volkswagen Group. The aforementioned developments have a negative impact on the expected financial results of the
Volkswagen Group.
Volkswagen starts with step-by-step resumption of production
The plants of the Volkswagen Passenger Cars brand are to successively restart production. First, production is to be resumed at the plants in Zwickau and Bratislava (Slovakia) in the week from April 20. The other plants in Germany and in Portugal, Spain, Russia and the USA are to restart production in the week from April 27. Subsequently, in the course of May, production will be resumed successively in South Africa, Argentina, Brazil and Mexico. Ralf Brandstätter, COO of the Volkswagen brand, said: “With the decisions by the federal and state governments in Germany and the loosening of restrictions in other European states, conditions have been established for the gradual resumption of production. Volkswagen has prepared intensively for these steps over the past three weeks. In addition to developing a comprehensive catalogue of measures for the protection of our employees’ health, we have also forged ahead with the re-establishment of our supply chains.” On this basis, short-time working is to continue at the Volkswagen plants in Germany. However, the number of employees affected by short time working will be successively reduced in line with the resumption of production.
Sharan serves as an office on wheels
People all over Europe are working from home, which can be complicated: They’re in a video conference team meeting, the phone starts ringing and children are yelling through the living room, all at the same time. Working from the car could be the best solution for anyone needing a few hours a day to concentrate on completing some tasks for their job in peace. As a result, the working environment is relocated to nearby places with a nice view.
Volkswagen and IG Metall successfully complete pay negotiations
Volkswagen and IG Metall have brought their negotiations for Volkswagen AG employees covered by the company collective agreement to a successful conclusion. As a result of the coronavirus crisis, the negotiations took place under extremely difficult conditions. The parties agreed that the pay agreement, which had been terminated with effect from April 30, 2020, should remain in force until the end of December 2020 without increases in the pay scales. The collective agreement has a term of eight months. In addition, support for employees was agreed so that they could master their everyday lives more effectively in the coronavirus crisis.
Market overview: Compact notchback models are one of Volkswagen’s key segments in China
European customers love compact hatchback models like the Golf, which has spent over four decades at the top of the vehicle registration statistics. In contrast, the world market is dominated by compact notchback models. Worldwide, they account for almost one third of all deliveries to Volkswagen brand’s customers – with 1.6 million vehicles sold in China alone. A total of six models are offered there to satisfy the high demand. A market overview of the notchback vehicles sold exclusively on the Chinese market gives a detailed insight into the differences between models.
Tanner Foust is a Volkswagen R brand ambassador
Who is Jason Bourne? This question lies at the heart of the popular film series of the same name. While Bourne is played by Hollywood superstar Matt Damon, it is Tanner Foust in the role of the fictitious secret agent in many of the films’ spectacular driving scenes. As a brand ambassador, Foust represents Volkswagen R around the world.
Volkswagen Group China: Clear signs of business recovery
Volkswagen Group China’s operations are showing clear signs of business recovery. All 2,000 Volkswagen brand dealerships are now open again, with showroom traffic during the last weekend of March comparable to the same period last year. Over 95% of the dealerships of the other locally producing brands Audi and ŠKODA have also reopened. The SAIC VOLKSWAGEN joint venture plant in Changsha also resumed operations this week. The total number of Group facilities that have resumed operations has thus risen to 32 of the 33 car and component plants.
Clear rules to protect employees
For the resumption of production at Volkswagen, health takes priority over speed. For this reason, company management and the General Works Council have laid down clear rules and measures for the protection of employees in a works agreement. Volkswagen HR Board Member Gunnar Kilian says: “We are taking comprehensive precautions so that our employees can work safely. We also appeal to each and every employee: continue to act in a disciplined way over Easter, keep your distance, stay at home and help to limit the spread of coronavirus. For Volkswagen, one thing is clear: the federal and state governments have our full support in their fight against coronavirus.” As regards the resumption of production, it has only been decided that a few units of Components, which have continued operation to some extent, will extend their operations to safeguard the supply of components to plants in China from the Tuesday after Easter. This will concern a total of 1,700 employees at the Brunswick, Kassel, Salzgitter, Chemnitz and Hanover Components plants. They will be informed by their line managers. Apart from these operations, production at the Components and vehicle plants continues to be suspended. Further details of the mode of operation are expected after Easter. The objective of the new works agreement is to take precautions against coronavirus at an early stage in order to prevent infections. Production processes are being optimized and consistent minimum distances and strict hygiene standards will apply in all areas. Where minimum distances of 1.5 meters are not possible, all employees will receive appropriate protective equipment.
Corona pandemic: Volkswagen donates one million euros for immediate aid and emergency relief in refugee camps
The Volkswagen Group is donating one million euros for immediate aid and emergency relief for refugees in Syria, Turkey and Greece menaced by the corona pandemic. The funds will be given to the German Red Cross (DRK), which is organizing and implementing support locally together with the national Red Cross and Red Crescent organizations.
Volkswagen Group safeguards customer mobility with supply of genuine parts
Even during the coronavirus crisis, the Volkswagen Group continues to ensure supplies of genuine parts. In Germany, more than 95 percent of the about 3,500 service stations remain open so that customers can stay mobile. Throughout the world, about 60 percent of the 25,000 service stations remain active. The Original Parts Center in Kassel ensures that genuine parts for repair work reach the workshop rapidly despite coronavirus. The order level is around one third of the normal volume. In these activities, the top priority is to protect the health of employees and suppliers at Kassel. At the Genuine Parts Center, comprehensive measures have been taken to ensure adequate distances between the employees concerned and compliance with the appropriate hygiene requirements. This also includes reducing the number of people working on logistics operations at any time by about one half. At the service stations themselves, health protection is also the top priority. Many businesses offer customers the possibility of handing over and collecting their vehicle without any direct contact with service personnel.
Flexible quick charging stations launch in China
Volkswagen Group Components and the start-up Shanghai DU-POWER New Energy Technical Co., Ltd. plan to work together to produce flexible quick charging stations in China. An agreement to this effect was signed by representatives from both companies in Suzhou, China. Series production of the flexible quick charging stations is currently scheduled to start in the second half of 2020. Establishing production with a local partner is a key step in the rapidly growing electric vehicle market.
Volkswagen with virtual motor show for the first time
Following the cancellation of this year’s Geneva International Motor Show, the VW brand show stand can now be visited online. Starting today, visitors can experience all the new models of the brand for two weeks round the clock from their own homes at https://www.volkswagen.de/de/specials/geneva-2020.html. The 360° tour offers an interactive digital experience allowing visitors to immerse into the show. They can stroll across the booth, view vehicles from all sides and also change colors and wheel rim configurations using easy-to-use functions.
75 years ago: US troops liberate Volkswagen plant and city on Mittellandkanal
75 years ago, on April 11, 1945, US troops liberated the Volkswagen plant and the city then known as “Stadt des KdF-Wagens” which was later named Wolfsburg to the south of Mittellandkanal. At the Volkswagen plant, about 7,700 forced laborers were freed. Over the eight weeks that followed, the Americans made groundbreaking decisions for the future of the people, the city and the plant. The brief but marked intermezzo of US military rule laid the foundations for democracy, freedom and reconstruction in the region. In May, the plant was already producing vehicles – Kübelwagen for the U.S. Army, which were then called “Volkswagen Jeeps”. The American occupation ended at the end of June 1945 when the region became part of the British occupation zone.
Touareg V8 TDI with extra-low NOx emissions tested by Emission Analytics: 75 per cent below Euro 6 limit
Volkswagen has launched a new range of very clean diesel engines (TDI) on the market. The TDI engines are characterised by extremely low nitrogen oxide emissions (NOx) and thus come in far below the Euro 6 NOx limit of 80 mg/km. The Touareg V8 TDI, generating 310 kW (421 PS), is among the first Volkswagen to feature an exhaust purification system that filters nitrogen oxides at this low level: it emits between just 10 and 20 mg/km. The NOx values were determined on the basis of RDE measurements (Real Driving Emissions) in actual road traffic by independent specialist of Emissions Analytics.
Coronavirus: Volkswagen uses 3D printing to produce face shields
In response to the corona crisis, the Volkswagen Group has started to produce face shield holders by 3D printing. This is part of a joint transnational initiative with Airbus and the 3D printing network “Mobility goes Additive”, which includes about 250 companies. The products developed by Airbus will be used in Spain and will be flown from Hamburg to Madrid by Airbus, next week. This cross-industrial initiative was launched in response to requests from the Spanish authorities, which will also distribute the products in the country. The aim is to make as many holders as possible by then. In addition, there are a number of other initiatives by Volkswagen Group brands to produce medical supplies.
CrossFit: The world’s most diverse workout meets all-round performance
Volkswagen R has a new brand ambassador: World-class athlete Sara Sigmundsdottir is now representing Volkswagen’s sporty brand around the world. The Icelandic CrossFit star authentically embodies values like performance and versatile abilities.
Volkswagen extends suspension of production
The Volkswagen Passenger Cars brand, Volkswagen Commercial Vehicles and Volkswagen Group Components are extending the suspension of production at their German plants for a further five working days especially as a result of the continued fall in demand for vehicles and the challenges still faced by the supply chain. For a total of about 80,000 employees of Volkswagen AG, it is planned to end the resulting short-time working with the night shift of April 19 to 20. The plants affected are Dresden, Emden, Osnabrück, Wolfsburg and Zwickau as well as the Volkswagen Commercial Vehicles plant in Hanover, the plants of Volkswagen Group Components at Brunswick, Kassel, Salzgitter, Chemnitz and Hanover and the German plants of SITECH. At the same time, the company continues to prepare intensively for the resumption of production. In this context, the protection of employees will once again be significantly strengthened.
Increasing demand for electric mobility in Germany: Significant growth for e-up! and Passat GTE
Volkswagen is focussing on stepping up electric mobility and is significantly expanding its range of fully electric models and hybrids. Even before the launch of the new ID.3 this summer, the demand for electric mobility has considerably increased in Germany: already every second order for the up! model series is for the fully electric version, around 20,000 orders have been received. The GTE versions of the current Passat generation have also become increasingly more popular amongst buyers: Every seventh customer now opts for the plug-in hybrid (PHEV).
First consignment of medical supplies for hospitals and doctors has arrived from China
On Saturday, the Minister-President of Lower Saxony, Stephan Weil, and the HR Board Member of Volkswagen, Gunnar Kilian, took delivery of a first consignment of face masks from China in Brunswick. The Volkswagen Group is organizing medical equipment with a total value of about €40 million in China which will then be made available to doctors and hospitals in Germany. The supplies are to be delivered as soon as possible. The products or-dered include face masks, gloves, disinfectants, clinical thermometers, protective goggles and protective clothing. The first consignment, which arrived on Saturday, consisted of 400,000 face masks, 240,000 for medical facilities throughout Germany and 160,000 for hospitals and doctors in Lower Saxony. The distribution of the equipment is to be organized by public bodies.
Volkswagen postpones Annual General Meeting 2020
Volkswagen has decided to postpone the Annual General Meeting of Shareholders for fiscal year 2019 due to the spread of coronavirus (SARS-CoV-2) and the measures in connection with containing the virus. Group CFO Frank Witter said: “The health of our shareholders, employees and service providers has top priority. For that reason, we will be arranging a new date for the Annual General Meeting originally scheduled for May 7.”
Volkswagen releases medical personnel with full pay for voluntary work in the public health service
Volkswagen AG is releasing employees with medical qualifications for up to 15 working days with full pay if they volunteer for work in the public health service. The target group includes medical practitioners and paramedics of various categories as well as nursing and surgery personnel working at the German facilities of Volkswagen AG. In addition to people working in these areas for Volkswagen, employees with appropriate qualifications who work as paramedics on a voluntary basis, for example, will also be released if the need arises.
TRATON SE postpones Annual General Meeting due to coronavirus outbreak
The Executive Board of TRATON SE has decided to postpone the Annual General Meeting for fiscal year 2019, previously scheduled for May 28, 2020, due to the strong spread of the coronavirus.
Volkswagen extends suspension of production
The Volkswagen Passenger Cars brand, Volkswagen Commercial Vehicles and Volkswagen Group Components are extending the suspension of production at their German plants for four working days especially as a result of the continued fall in demand for vehicles and the challenges faced by the supply chain. An application for an extension of short-time working for a total of 80,000 employees of Volkswagen AG has been submitted. It is planned to end short-time working with the night shift of April 9 to 10. The plants affected are Dresden, Emden, Osnabrück, Wolfsburg and Zwickau as well as the Volkswagen Commercial Vehicles plant in Hanover, the plants of Volkswagen Group Components at Brunswick, Kassel, Salzgitter, Chemnitz and Hanover and the German plants of SITECH. At the same time, the company is preparing intensively for the resumption of production. In this context, the protection of employees will once again be significantly strengthened.
Volkswagen Group supports doctors and hospitals with major donation of medical supplies from China
To ensure supplies for doctors and hospitals in Germany, the Volkswagen Group is organ-izing medical materials in China in the short term. The total value of the goods to be donated by the Group is about €40 million. The equipment – in-cluding face masks, gloves, disinfectants, clinical thermometers, protective goggles and protective clothing – is to be made available to medical personnel providing emergency treatment and care. Last week, Volkswagen had already donated about 200,000 FFP-2 and FFP-3 face masks for public health protection.
Volkswagen brand offers dealers extensive liquidity support
Together with Volkswagen Bank, the Volkswagen Passenger Cars brand has created a comprehensive package of measures to strengthen the liquidity of its dealers. In addition to offering extended payment deadlines, temporary increases in credit lines and improved interest conditions, bonuses and incentives are to be brought forward and audits are to be suspended.
TRATON generated good results in 2019 amid increasingly challenging market conditions
The TRATON GROUP increased both sales revenue and operating profit during the challenging year of 2019 and is now preparing to meet emerging economic challenges and the impact of the coronavirus pandemic. The brands of the TRATON GROUP have temporarily closed a number of plants in response the pandemic. MAN Truck & Bus filed an application for short-time work (Kurzarbeit) for workers in its German plants today. “In this crisis, the commercial vehicles industry will play an important role in the provision of food and medication to people,” said Andreas Renschler, TRATON CEO and member of the Board of Management of Volkswagen AG.
Volkswagen Group donates protective face masks
The Volkswagen Group will be providing about 200,000 category FFP-2 and FFP-3 protec-tive face masks for public health protection in the near future. The donation is being made in close cooperation with Federal Minister of Health Jens Spahn. The city of Wolfsburg is also to receive further medical material.
Technical milestone in road safety: experts praise Volkswagen’s Car2X technology
The new Golf can help drivers to prevent accidents, thanks to its innovative Car2X technology, allowing it to wirelessly connect with other vehicles and the traffic infrastructure. The Euro NCAP consortium gave special recognition to the traffic hazard alert function with the Advanced Award for ground-breaking safety fea-tures. The German automotive association ADAC tested the new technology and declared it a “technical milestone”.
Brands of the TRATON GROUP take action as a result of the corona pandemic
In response to the corona pandemic, the European brands of the TRATON GROUP will temporary close several plants in Europe and request temporary unemployment assistance (so called “Kurzarbeit”) to support its workers in Germany during the shutdown. “It is becoming harder and harder to supply our plants due to the spread of the coronavirus in Europe,” said Andreas Renschler, CEO of TRATON and member of the Management Board of Volkswagen AG. “Because we also want our workforce to remain healthy, we will significantly slow production or temporarily halt it completely. At the same time, we are doing everything we can to keep service and replacement parts flowing to our customers. Supporting overland transportation and thus the delivery of food and medication has rarely been as critical as it is today. We as one of the largest commercial vehicle manufacturers in Europe hold a special responsibility in this unprecedented situation.”
Volkswagen brand suspends production on Thursday due to corona crisis
The Volkswagen Passenger Cars brand is gradually suspending production at its European plants. This will also affect Volkswagen Group Components plants. This is the brand's response to the impending rapid decline in demand on the automotive markets. Risks in connection with suppliers’ supply chains are also increasing. This is due to the significantly accelerated rate of infection by coronavirus and the resulting measures taken by the authorities. Initially, the factories are therefore expected to remain closed for two weeks. For the affected German sites, the measures are to apply from the end of the late shift on Thursday.
Volkswagen Group and its brands bring 2019 to successful conclusion
The Volkswagen Group brought fiscal year 2019 to a successful conclusion with improved financial results in almost all brands. Dr. Herbert Diess, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, said, “2019 was a very successful year for the Volkswagen Group. We have laid vital groundwork for all relevant changes. 2020 is a very difficult year. The corona pandemic presents us with unknown operational and financial challenges. At the same time, there are concerns about sustained economic impacts. We will succeed in overcoming the corona crisis by pooling our strengths and with close cooperation and high morale in our Group.”
ID.3: just as inexpensive as a car with an internal combustion engine
With the market introduction of the ID.3 this summer, Volkswagen will make e-mobility affordable for many people. The basic version of the ID.3 will be less expensive in Germany in terms of acquisition and operation than comparable internal combustion models. As regards operating expenses alone, ID.3 drivers in Germany will save about €840 per year. “With the ID.3, the electric car will finally become affordable. This model is entirely fit for everyday use and even costs less than an internal combustion model thanks to the environmental bonus,” says Thomas Ulbrich, Member of the Board of Management of the Volkswagen brand responsible for E-Mobility. Currently, preparations for the delivery of the ID.3 are well underway. “The time schedule will be met,” Ulbrich confirms. ”The ID.3 will be introduced to the market in the summer, as announced.”