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The Volkswagen brand is making rapid progress with the implementation of its strategy "Transform 2025+" presented last November and with strengthening the profitability of its business operations. During the current year, the brand Board of Management not only expects further significant progress in all key strategic action areas but also substantial improvements in the key financial indicators following a strong first quarter. At the annual session of the Volkswagen brand held in Wolfsburg, Brand CEO Dr. Herbert Diess stated: "2016 was a pivotal year for the Volkswagen brand. It was a year of transformation. And a year that marked the start of a new phase for our company. We devoted immense energy to the diesel crisis. We initiated the transformation in business operations. And, we laid the groundwork for the strategic realignment of the brand. Our mission is clear: We want to make the Volkswagen brand competitive for the future. By 2025, we aim to play a leading role in the continuously changing automotive industry."

Media contacts

Peik von Bestenbostel
Peik von Bestenbostel
Director Global Communications
Tel. +49 (0) 5361 / 9-26655
Christoph Adomat
Head of Company and Business Communications
Tel. +49 (0) 5361 / 9-86266