The second phase from 2020 sees the launch of a new generation of fully-connected electric cars. Our I.D. family is based on the new Modular Electric Toolkit (MEB). With the MEB we are aiming to set an industry benchmark that extends to software and the ecosystem as well as the electric car. The brand mission: the iconic car of the electric age must be a Volkswagen.
We are improving the brand’s competitiveness in order to finance the necessary investments in the future from our own resources. The operating return on sales is to progressively increase to 6 percent by 2025. With the Zukunftspakt, the management and Works Council agreed a joint program to improve efficiency and productivity that is being systematically implemented.
A further key element of the TRANSFORM 2025+ strategy is the fundamental realignment of the organization. Flat hierarchies, an open discussion culture and entrepreneurial courage lay the groundwork for the transformation of the company. This is underpinned by a new mission statement and concrete targets for earnings power, sustainability and employer attractiveness. The strategy also includes a new leadership model and a broad-based integrity campaign.
