All Press Releases

Volkswagen is launching the new ID.3 with an extensive upgrade. The next software and infotainment generation and the improved operating concept are now also entering Volkswagen’s electric compact class. The augmented reality head-up display has been enhanced, a brand new Wellness App and optional premium sound system from Harman Kardon have been added. With the improved drivetrain, the ID.3 Pro S’s output increases to up to 170 kW. Pre-sales for the Pro S model (5 seater) with a 77 kWh lithium-ion battery (net) are now open; further variants will be available to order shortly.

The Brand Group Core delivered robust financial results in the first quarter of 2024. With stable vehicle sales and slightly lower sales revenue, the Brand Group Core reported a significant year-on-year increase in operating profit and operating return. At 6.4%, operating return was well within the target corridor of 6-7% for 2024. All brands contributed to this achievement, reporting higher returns on the basis of focused cost management as well as increased implementation of synergy and efficiency measures within the Brand Group. The financial performance in the first quarter felt the impact of offsetting effects – these included, for example, the abrupt termination of government incentives for electric cars in the German market and the related discount measures at the beginning of the year. Furthermore, there was high depreciation attributable to investments in product campaigns and the related ramp-up of electric products. The Brand Group Core was, however, able to counteract these effects in the first quarter of 2024 with a balanced product mix. The slight dip in demand for all-electric vehicles (BEV) was offset by higher deliveries of ICE models. Overall, stable Q1 unit sales figures at Brand Group level reflect these effects.

Volkswagen is systematically forging ahead with its “in China, for China” strategy. The goal is even closer alignment with the specific requirements of customers in the world’s largest auto market and to provide them with a convincing product offering in all relevant segments. The ID. CODE design show car that celebrates its world premiere this week at the Auto China 24 trade fair in Beijing (from April 25 to May 4, 2024) bears witness to this systematic orientation to the wishes of Chinese customers. The concept car’s aesthetics are completely new and give a preview of a large electric SUV. The ID. CODE is designed for Level 4 fully autonomous driving. The new progressive ID.UX sub-brand also plays a key role in terms of Volkswagen’s profile in the Chinese market. With all-electric, lifestyle-oriented models, this sub-brand is designed to appeal to younger customers in particular.

On 29 March exactly 50 years ago, Volkswagen started series production of the Golf in Wolfsburg. Nobody knew on that day in March that this compact car – the successor to the legendary Beetle – would become the most successful Volkswagen and best-selling European car of all time. It reflected the spirit of the times, gave its name to its own vehicle class, and has accompanied generations of people around the world. To date, more than 37 million units have followed 1974’s first series-production Golf. Purely in mathematical terms, this means that over 2,000 people around the world have opted to buy a new Golf every single day over the last 50 years. Today, Volkswagen is celebrating the Golf’s birthday – and also the start of this world bestseller’s future thanks to a comprehensive technical and visual update.

Volkswagen R will open its own pavilion in the Autostadt in Wolfsburg in summer 2024. This will create both a new meeting place for the premium performance brand’s growing fan base and an event location where Volkswagen R’s model diversity, the R allure and new technologies will be presented in the future.

Volkswagen presents the new ID. Buzz GTX: The electric Bulli equipped with a powerful performance drive system will in future be available with two wheelbases, two battery sizes and a choice of 5-, 6- or 7-seater. It also comes with standard 4MOTION all-wheel drive for optimum pulling power and traction in every driving situation. In addition, both GTX models share an individualized design. Pre-sales of the ID. Buzz GTX will start in the summer. This year, Volkswagen is once again expanding its range of sporty GTX models alongside the ID.3, ID.4, ID.5 and ID. 7 Tourer .

Volkswagen is significantly expanding the range of drive systems that are available for the new Passat: pre-sales of two new plug-in hybrid drives are now starting. The eHybrid models have outputs of 150 kW (204 PS) and 200 kW (272 PS). Electric ranges of up to 120 km mean they become electric cars in everyday life. Two further turbodiesel (TDI) versions are also being launched: the Passat TDI with 90 kW (122 PS) will be the entry-level version in future. The most powerful TDI engine in the Passat will now deliver 142 kW (193 PS) and is coupled to the 4MOTION all-wheel drive as standard. The new Passat has already been available for configuration with a mild hybrid drive (eTSI) and a TDI with 110 kW (150 PS) since autumn last year.

The Brand Group Core delivered robust financial results in 2023. Higher volume and price effects, improved availability of parts and lower fixed costs had a positive effect, while higher product costs and the deconsolidation of Volkswagen Group Rus had a negative impact on the result. The global market and competitive environment remains challenging. The Brand Group Core is working on further stabilizing its performance with a view to improving its resilience against external factors, in particular given the slower development of the e-mobility market in Europe.

Volkswagen is expanding its range of sporty GTX models. As a double world premiere, the new ID.3 GTX and ID.7 GTX Tourer models are now the first to make their debut. The two highly dynamic Volkswagen models will be launched soon with an individual exterior design, including their own front and rear light signatures, sporty design details in the interior and powerful performance drives. The sportiest models from the all-electric ID. product line have already borne the GTX label since 2021 – based on the dynamic Volkswagen models with the designations GTI, GTD or GTE.

Volkswagen is driving forward its major product offensive in the mid-sized class with pre-sales of the new ID.7 Tourer. Following the new ID.7 fastback saloon, new Passat and new Tiguan, the first all-electric Volkswagen estate-car is already the fourth new mid-sized model in just a few months. The business and leisure all-rounder can now be configured and ordered at prices starting at 54,795 euros. As one of just a few manufacturers, Volkswagen is present on the European market with three estate models in the important upper mid-sized class: the sporty Arteon Shooting Brake, the completely newly developed Passat Variant and the ID.7 Tourer. With this model range, Volkswagen offers all relevant drive types in the mid-sized class and thus a particularly large choice for customers.