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  • New brand with five newly organized business areas since January 1, 2019
  • Group Board of Management Member Dr. Stefan Sommer: “Group Components is assuming end-to-end responsibility for the battery, from competence development for the cells through to recycling.”
  • Group Components CEO Thomas Schmall: “€2 billion of cost savings of up to 2025 combined with higher investments in e-mobility”
  • Future-oriented product decision: components plant in Hanover is to produce the new flexible charging station in future

Since January 1, 2019, the Volkswagen Group has had a new brand. With the realignment of Volkswagen Group Components, the Group is reinforcing its in-house supplier of components including engines, gearboxes, electric drive systems, steering systems and seats – at the same time as consistently leveraging synergy effects. 80,000 Group employees at 61 components plants throughout the world develop and produce vehicle components. Right from the start, the units will therefore be among the world’s largest automotive industry suppliers.

Media contacts

Ariane Kilian
Head of Components Communications
Tel. +49 (0) 5361 / 9-76854
Enrico Beltz
Head of Media Relations
Tel. +49 (0) 5361 / 9-48590