effect on the result. In addition, costs in connection with the discontinuation of ID.4 production in the USA had an adverse impact. This had the largest effect on the result for the quarter. Škoda Auto recorded strong developments in sales, margin and cash flow, improving its operating margin to 8.3%. SEAT&CUPRA increased profitability to 1.2%. Volkswagen Commercial Vehicles boosted its margin to 3.9%. Net cash flow in Q1 was -53 million euros as a result of the usual seasonal effects on net current assets. In core business, operational cash flow generation remained robust. After eliminating the model-specific impairment at the Volkswagen brand, the Brand Group Core consistently continued its path to margin improvement and cost discipline.
“In the first quarter, the Brand Group Core recorded solid performance in a challenging environment. If we eliminate the costs in connection with the discontinuation of ID.4 production in the USA, the operational development in the first quarter was generally