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03/14/18
Wolfsburg
Company

Successful financial year 2017: Volkswagen brand implements product and innovation offensive consistently

Annual Media Conference Volkswagen brand 2018
  • Deliveries, sales revenue and result improved in 2017
  • Operating return on sales improved to 4.1 percent
  • Good progress with strategic realignment; preparations for electric offensive proceeding to schedule
  • CEO Diess: "We are heading in the right direction. We are strengthening our foundation to make Volkswagen the world market leader in e-mobility by 2025."

The Volkswagen brand can look back on a successful financial year in 2017. The brand sold 6.23 million vehicles and improved sales revenue to €80 billion. For the first time in five years, the operating result before special items increased, reaching the highest level since 2012, at €3.3 billion. The return on sales (before special items) improved from 1.8 percent in 2016 to 4.1 percent. The Volkswagen brand has therefore outperformed its targets for 2017.

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