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class="breadcrumbs--breadcrumb" href="/en/financial-news-16031">Financial News</a></div></div> </div> <h1 class='hero--title'> Financial News </h1> </div> <div class="content"><div class="page-row-spacer "></div> <div class="page-row is-nth-1 -outer"><div class="container-narrow"><div class="row for-column-items"><div class="page-item page-item--column -root-level page-item--first-item-in-row column-width-33 col-sm-4" id="item-0a4d5e58-7582-43ca-b3e0-88d94ec85b08"><div class="page-row-spacer "></div> <div class="page-row is-nth-1"><div class="page-item page-item--text" id="item-07d22f28-da71-4a68-a490-40525a27593d"><div class='text-block style-links-for-body-text' style='column-count: 1'> <p><a href="https://www.volkswagen-group.com/en/ad-hoc">Ad hoc Releases</a></p> </div> </div></div><div class="page-row-spacer "></div> </div></div></div></div><div class="page-row-spacer "></div> <div class="page-row is-nth-2 -outer"><div class="container-narrow"><div class="page-item 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venture (JV) – “Rivian and VW Group Technology, LLC”, known as Rivian and Volkswagen Group Technologies - with a total deal size of up to $5.8 billion, which is expected to start on November 13. Through this JV, the companies plan to bring next-generation electrical architecture and best-in-class software technology for both companies’ future electric vehicles, covering all relevant vehicle segments, including subcompact cars. It is highly complementary reflecting Rivian’s industry-leading software and electrical hardware technology as well as Volkswagen Group’s significant global scale and industry-leading vehicle platform competencies. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_1_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Four men stand close together, smiling at the camera. They are dressed in casual and business attire, standing in front of a modern building with large windows and green shrubs." style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" srcset="https://uploads.vw-mms.de/system/production/images/cws/083/430/images/30ffa03c675bd53e5c216d221f2e08904cd091a6/B2024CW00411_retina_2400.jpg?1732102169 2400w 1601h, https://uploads.vw-mms.de/system/production/images/cws/083/430/images/30ffa03c675bd53e5c216d221f2e08904cd091a6/B2024CW00411_retina_2000.jpg?1732102169 2000w 1334h, https://uploads.vw-mms.de/system/production/images/cws/083/430/images/30ffa03c675bd53e5c216d221f2e08904cd091a6/B2024CW00411_web_1600.jpg?1732102169 1600w 1067h, https://uploads.vw-mms.de/system/production/images/cws/083/430/images/30ffa03c675bd53e5c216d221f2e08904cd091a6/B2024CW00411_web_1160.jpg?1732102169 1160w 774h, https://uploads.vw-mms.de/system/production/images/cws/083/430/images/30ffa03c675bd53e5c216d221f2e08904cd091a6/B2024CW00411_web_804.jpg?1732102169 804w 536h, https://uploads.vw-mms.de/system/production/images/cws/083/430/images/30ffa03c675bd53e5c216d221f2e08904cd091a6/B2024CW00411_web_466.jpg?1732102169 466w 311h, https://uploads.vw-mms.de/system/production/images/cws/083/430/images/30ffa03c675bd53e5c216d221f2e08904cd091a6/B2024CW00411_web_390.jpg?1732102169 390w 260h" src="https://uploads.vw-mms.de/system/production/images/cws/083/430/images/30ffa03c675bd53e5c216d221f2e08904cd091a6/B2024CW00411_web_1600.jpg?1732102169" sizes="min(100vw, 1440px)" class="" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/brand-group-core-with-robust-unit-sales-and-sales-revenue-development-high-fixed-costs-impact-profitability-18807"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-10-31">10/31/2024</time></div> </div> <div class='vertical-page-list-item--title'> Brand Group Core with robust unit sales and sales revenue development – High fixed costs impact profitability </div> <div class='vertical-page-list-item--intro'> In a year shaped by a persistently weak economic environment, more intense competition and political challenges, the Brand Group Core continues to concentrate in 2024 on successful model ramp-ups and execution of the performance programs in the various brands. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_2_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Graphic titled "BRAND GROUP CORE" featuring an abstract, wavy turquoise line on a dark blue background with logos of Volkswagen, Škoda, SEAT, and Cupra in the top left corner." style="width:100%;height:100%;object-fit:cover;object-position:0% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_1600.jpg?1706187631" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_retina_2400.jpg?1706187631 2400w 1350h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_retina_2000.jpg?1706187631 2000w 1125h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_1600.jpg?1706187631 1600w 900h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_1160.jpg?1706187631 1160w 653h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_804.jpg?1706187631 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_466.jpg?1706187631 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_390.jpg?1706187631 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/press-releases/collective-bargaining-volkswagen-looks-to-employees-to-help-safeguard-its-future-18804"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-10-30">10/30/2024</time><span>Press Release</span></div> </div> <div class='vertical-page-list-item--title'> Collective bargaining: Volkswagen looks to employees to help safeguard its future </div> <div class='vertical-page-list-item--intro'> The collective bargaining committees of Volkswagen AG and the Lower Saxony and Saxony-Anhalt branches of IG Metall today continued discussions in the 2024 collective bargaining round in Wolfsburg. Ahead of the negotiations, IG Metall had additionally demanded that the company reinstate the collective agreements terminated by Volkswagen AG effective December 31, 2024, without any modification of content. Due to the economic crisis in the automotive industry, Volkswagen is unable to meet this demand. Nor is it able to meet the union’s demand for a 7 percent pay rise. Rather, the company believes that reducing pay by 10 percent would give Volkswagen AG the means to make future investments so as to remain competitive and hence safeguard jobs. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_3_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="2024-JPK-Teaser-blanco" style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/081/255/images/58535d186d993ddf7197e56d10ee14bad022ed8d/B2024CW00084_web_1600.jpg?1709623675" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/081/255/images/58535d186d993ddf7197e56d10ee14bad022ed8d/B2024CW00084_retina_2400.jpg?1709623675 1920w 1080h, https://uploads.vw-mms.de/system/production/images/cws/081/255/images/58535d186d993ddf7197e56d10ee14bad022ed8d/B2024CW00084_retina_2000.jpg?1709623675 1920w 1080h, https://uploads.vw-mms.de/system/production/images/cws/081/255/images/58535d186d993ddf7197e56d10ee14bad022ed8d/B2024CW00084_web_1600.jpg?1709623675 1600w 900h, https://uploads.vw-mms.de/system/production/images/cws/081/255/images/58535d186d993ddf7197e56d10ee14bad022ed8d/B2024CW00084_web_1160.jpg?1709623675 1160w 653h, https://uploads.vw-mms.de/system/production/images/cws/081/255/images/58535d186d993ddf7197e56d10ee14bad022ed8d/B2024CW00084_web_804.jpg?1709623675 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/081/255/images/58535d186d993ddf7197e56d10ee14bad022ed8d/B2024CW00084_web_466.jpg?1709623675 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/081/255/images/58535d186d993ddf7197e56d10ee14bad022ed8d/B2024CW00084_web_390.jpg?1709623675 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/press-releases/volkswagen-groups-nine-month-results-impacted-by-higher-fixed-costs-and-restructuring-provisions-18768"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-10-30">10/30/2024</time><span>Press Release</span></div> </div> <div class='vertical-page-list-item--title'> Volkswagen Group’s nine-month results impacted by higher fixed costs and restructuring provisions </div> <div class='vertical-page-list-item--intro'> The Volkswagen Group expects deliveries to customers to be around 9 million vehicles (2023: 9.24 million vehicles). The company expects Group sales revenue to be around 320 billion euros (2023: 322.3 billion euros). </div> <div class='vertical-page-list-item--image'> <span id="element_uid_4_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Presentation title slide "Interim Report January - September 2024" with an abstract, curved design." style="width:100%;height:100%;object-fit:cover;object-position:0% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/083/241/images_file_en/54052d9d48a9555634782ed248df97bd11d627f7/B2024CW00378_web_1600.jpg?1728470475" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/083/241/images_file_en/54052d9d48a9555634782ed248df97bd11d627f7/B2024CW00378_retina_2400.jpg?1728470475 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/083/241/images_file_en/54052d9d48a9555634782ed248df97bd11d627f7/B2024CW00378_retina_2000.jpg?1728470475 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/083/241/images_file_en/54052d9d48a9555634782ed248df97bd11d627f7/B2024CW00378_web_1600.jpg?1728470475 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/083/241/images_file_en/54052d9d48a9555634782ed248df97bd11d627f7/B2024CW00378_web_1160.jpg?1728470475 1160w 652h, https://uploads.vw-mms.de/system/production/images/cws/083/241/images_file_en/54052d9d48a9555634782ed248df97bd11d627f7/B2024CW00378_web_804.jpg?1728470475 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/083/241/images_file_en/54052d9d48a9555634782ed248df97bd11d627f7/B2024CW00378_web_466.jpg?1728470475 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/083/241/images_file_en/54052d9d48a9555634782ed248df97bd11d627f7/B2024CW00378_web_390.jpg?1728470475 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/traton-group-boosts-sales-revenue-earnings-and-profitability-in-the-first-nine-months-of-2024-18761"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-10-28">10/28/2024</time></div> </div> <div class='vertical-page-list-item--title'> TRATON GROUP boosts sales revenue, earnings, and profitability in the first nine months of 2024 </div> <div class='vertical-page-list-item--intro'> The TRATON GROUP increased its sales revenue by 3% to €35.3 billion (9M 2023: €34.2 billion) in the first nine months of 2024 as the market conditions in Europe continued to normalize. This development was essentially driven by a positive market and product mix and by better unit price realization in the TRATON Operations business area. TRATON Financial Services contributed to the Group’s sales revenue growth due to a rise in portfolio volume. Adjusted operating result of the TRATON GROUP was €332 million higher at €3.3 billion (9M 2023: €2.9 billion) and adjusted operating return on sales improved to 9.3% (9M 2023: 8.6%). This was thanks primarily to continued good price management combined with an improved cost structure in the TRATON Operations business area. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_5_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 1021/306"></span><img alt="Traton Brand Lineup neu" style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_1600.jpg?1727427817" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_retina_2400.jpg?1727427817 1021w 306h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_retina_2000.jpg?1727427817 1021w 306h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_1600.jpg?1727427817 1021w 306h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_1160.jpg?1727427817 1021w 306h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_804.jpg?1727427817 804w 241h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_466.jpg?1727427817 466w 140h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_390.jpg?1727427817 390w 117h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/porsche-remains-on-course-and-confirms-forecast-for-full-year-2024-18764"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-10-25">10/25/2024</time></div> </div> <div class='vertical-page-list-item--title'> Porsche remains on course and confirms forecast for full year 2024 </div> <div class='vertical-page-list-item--intro'> Porsche AG continued on its planned course in the first nine months of 2024. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_6_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Porsche logo on white background" style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/076/606/images/d6ce2fec69c93b94c56c521c7ede1dc56e44ae7c/B2023CW00275_web_1600.jpg?1724758132" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/076/606/images/d6ce2fec69c93b94c56c521c7ede1dc56e44ae7c/B2023CW00275_retina_2400.jpg?1724758132 1167w 655h, https://uploads.vw-mms.de/system/production/images/cws/076/606/images/d6ce2fec69c93b94c56c521c7ede1dc56e44ae7c/B2023CW00275_retina_2000.jpg?1724758132 1167w 655h, https://uploads.vw-mms.de/system/production/images/cws/076/606/images/d6ce2fec69c93b94c56c521c7ede1dc56e44ae7c/B2023CW00275_web_1600.jpg?1724758132 1167w 655h, https://uploads.vw-mms.de/system/production/images/cws/076/606/images/d6ce2fec69c93b94c56c521c7ede1dc56e44ae7c/B2023CW00275_web_1160.jpg?1724758132 1160w 651h, https://uploads.vw-mms.de/system/production/images/cws/076/606/images/d6ce2fec69c93b94c56c521c7ede1dc56e44ae7c/B2023CW00275_web_804.jpg?1724758132 804w 451h, https://uploads.vw-mms.de/system/production/images/cws/076/606/images/d6ce2fec69c93b94c56c521c7ede1dc56e44ae7c/B2023CW00275_web_466.jpg?1724758132 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/076/606/images/d6ce2fec69c93b94c56c521c7ede1dc56e44ae7c/B2023CW00275_web_390.jpg?1724758132 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/traton-sells-a-total-of-85300-vehicles-in-the-third-quarter-of-2024-18746"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-10-11">10/11/2024</time></div> </div> <div class='vertical-page-list-item--title'> TRATON sells a total of 85,300 vehicles in the third quarter of 2024 </div> <div class='vertical-page-list-item--intro'> The TRATON GROUP recorded increasing unit sales in the third quarter of 2024 in a normalizing market environment. According to preliminary data, a total of 85,300 vehicles were delivered across the TRATON brands in the third quarter of 2024, up 5% on the prior-year quarter. In the first nine months of the year, unit sales amounted to 245,400 vehicles, equivalent to a decline of 2%. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_7_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Three waving TRATON flags against a blue sky, symbolizing the company and its global reach." style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/083/275/images/45a5a0b98ce20679b7a795950f37661735e2aad6/B2024CW00386_web_1600.jpg?1728976507" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/083/275/images/45a5a0b98ce20679b7a795950f37661735e2aad6/B2024CW00386_retina_2400.jpg?1728976507 2400w 1601h, https://uploads.vw-mms.de/system/production/images/cws/083/275/images/45a5a0b98ce20679b7a795950f37661735e2aad6/B2024CW00386_retina_2000.jpg?1728976507 2000w 1334h, https://uploads.vw-mms.de/system/production/images/cws/083/275/images/45a5a0b98ce20679b7a795950f37661735e2aad6/B2024CW00386_web_1600.jpg?1728976507 1600w 1067h, https://uploads.vw-mms.de/system/production/images/cws/083/275/images/45a5a0b98ce20679b7a795950f37661735e2aad6/B2024CW00386_web_1160.jpg?1728976507 1160w 774h, https://uploads.vw-mms.de/system/production/images/cws/083/275/images/45a5a0b98ce20679b7a795950f37661735e2aad6/B2024CW00386_web_804.jpg?1728976507 804w 536h, https://uploads.vw-mms.de/system/production/images/cws/083/275/images/45a5a0b98ce20679b7a795950f37661735e2aad6/B2024CW00386_web_466.jpg?1728976507 466w 311h, https://uploads.vw-mms.de/system/production/images/cws/083/275/images/45a5a0b98ce20679b7a795950f37661735e2aad6/B2024CW00386_web_390.jpg?1728976507 390w 260h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/press-releases/volkswagen-group-delivers-65-million-vehicles-by-september-18745"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-10-11">10/11/2024</time><span>Press Release</span></div> </div> <div class='vertical-page-list-item--title'> Volkswagen Group delivers 6.5 million vehicles by September </div> <div class='vertical-page-list-item--image'> <span id="element_uid_8_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 16/9"></span><img alt="Infographic of Volkswagen Group deliveries in the third quarter of 2024, breakdown by regions and vehicle types." style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/083/268/images_file_en/ad0268b3a4db857cec6be1d2464af3721f6798ba/B2024CW00384_web_1600.jpg?1730103926" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/083/268/images_file_en/ad0268b3a4db857cec6be1d2464af3721f6798ba/B2024CW00384_retina_2400.jpg?1730103926 1920w 1080h, https://uploads.vw-mms.de/system/production/images/cws/083/268/images_file_en/ad0268b3a4db857cec6be1d2464af3721f6798ba/B2024CW00384_retina_2000.jpg?1730103926 1920w 1080h, https://uploads.vw-mms.de/system/production/images/cws/083/268/images_file_en/ad0268b3a4db857cec6be1d2464af3721f6798ba/B2024CW00384_web_1600.jpg?1730103926 1600w 900h, https://uploads.vw-mms.de/system/production/images/cws/083/268/images_file_en/ad0268b3a4db857cec6be1d2464af3721f6798ba/B2024CW00384_web_1160.jpg?1730103926 1160w 653h, https://uploads.vw-mms.de/system/production/images/cws/083/268/images_file_en/ad0268b3a4db857cec6be1d2464af3721f6798ba/B2024CW00384_web_804.jpg?1730103926 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/083/268/images_file_en/ad0268b3a4db857cec6be1d2464af3721f6798ba/B2024CW00384_web_466.jpg?1730103926 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/083/268/images_file_en/ad0268b3a4db857cec6be1d2464af3721f6798ba/B2024CW00384_web_390.jpg?1730103926 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/traton-group-announces-ambitious-goals-18699"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-10-01">10/01/2024</time></div> </div> <div class='vertical-page-list-item--title'> TRATON GROUP announces ambitious goals </div> <div class='vertical-page-list-item--intro'> During its Capital Markets Day 2024 in Munich, the TRATON GROUP outlined its ambitions for its medium-term business development. The adjusted operating return on sales is expected to be between 9 and 11% in 2029. The corresponding outlook for the current fiscal year 2024 is between 8 and 9%. The TRATON GROUP plans to grow its sales revenue by 20 to 40% over the period 2024 to 2029. Moreover, TRATON aims to fully repay the net financial debt of the industrial business within this time frame. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_9_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 1021/306"></span><img alt="Traton Brand Lineup neu" style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_1600.jpg?1727427817" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_retina_2400.jpg?1727427817 1021w 306h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_retina_2000.jpg?1727427817 1021w 306h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_1600.jpg?1727427817 1021w 306h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_1160.jpg?1727427817 1021w 306h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_804.jpg?1727427817 804w 241h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_466.jpg?1727427817 466w 140h, https://uploads.vw-mms.de/system/production/images/cws/083/200/images/737edcd2abfada08508cb6a90e3cd1d16ee30820/B2024CW00372_web_390.jpg?1727427817 390w 117h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/press-releases/brand-group-core-with-stable-sales-revenue-and-product-offensive-in-first-half-of-2024-high-fixed-costs-and-one-off-effects-significantly-impact-profitability-of-volkswagen-brand-18561"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-08-02">08/02/2024</time><span>Press Release</span></div> </div> <div class='vertical-page-list-item--title'> Brand Group Core with stable sales revenue and product offensive in first half of 2024 - High fixed costs and one-off effects significantly impact profitability of Volkswagen brand </div> <div class='vertical-page-list-item--intro'> In a year shaped by a persistently weak economic environment, more intense competition and political challenges, the Brand Group Core continues to focus on successful model ramp-ups and execution of the performance programs in the various brands. The Brand Group plans to boost profitability in the second half of the year through a clear focus on strict cost efficiency and the realization of synergies generated by cooperation, as well as through growth. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_10_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Graphic titled "BRAND GROUP CORE" featuring an abstract, wavy turquoise line on a dark blue background with logos of Volkswagen, Škoda, SEAT, and Cupra in the top left corner." style="width:100%;height:100%;object-fit:cover;object-position:0% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_1600.jpg?1706187631" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_retina_2400.jpg?1706187631 2400w 1350h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_retina_2000.jpg?1706187631 2000w 1125h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_1600.jpg?1706187631 1600w 900h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_1160.jpg?1706187631 1160w 653h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_804.jpg?1706187631 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_466.jpg?1706187631 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/080/371/images/52d9953ed1b50316b7db4dcb5219e3c2e4548355/B2023CW02915_web_390.jpg?1706187631 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/press-releases/volkswagen-group-with-solid-performance-in-a-demanding-environment-for-the-first-half-of-2024-18552"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-08-01">08/01/2024</time><span>Press Release</span></div> </div> <div class='vertical-page-list-item--title'> Volkswagen Group with solid performance in a demanding environment for the first half of 2024 </div> <div class='vertical-page-list-item--intro'> Outlook for 2024 Confirmed. The Volkswagen Group expects the sales revenue to exceed the previous year’s figure by up to 5% in 2024. The operating return on sales for the Volkswagen Group and the Passenger Cars Business Area is likely to be between 6.5% and 7%. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_11_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Cover image of the Volkswagen semi-annual financial report for January - June 2024 featuring a wavy blue design, released on August 1, 2024, in Wolfsburg." style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/082/168/images_file_en/31243deb939d3e6dd053b41d438c6e69a15ae826/B2024CW00299_web_1600.jpg?1720003181" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/082/168/images_file_en/31243deb939d3e6dd053b41d438c6e69a15ae826/B2024CW00299_retina_2400.jpg?1720003181 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/082/168/images_file_en/31243deb939d3e6dd053b41d438c6e69a15ae826/B2024CW00299_retina_2000.jpg?1720003181 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/082/168/images_file_en/31243deb939d3e6dd053b41d438c6e69a15ae826/B2024CW00299_web_1600.jpg?1720003181 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/082/168/images_file_en/31243deb939d3e6dd053b41d438c6e69a15ae826/B2024CW00299_web_1160.jpg?1720003181 1160w 652h, https://uploads.vw-mms.de/system/production/images/cws/082/168/images_file_en/31243deb939d3e6dd053b41d438c6e69a15ae826/B2024CW00299_web_804.jpg?1720003181 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/082/168/images_file_en/31243deb939d3e6dd053b41d438c6e69a15ae826/B2024CW00299_web_466.jpg?1720003181 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/082/168/images_file_en/31243deb939d3e6dd053b41d438c6e69a15ae826/B2024CW00299_web_390.jpg?1720003181 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/press-releases/volkswagen-group-deliveries-in-the-first-half-of-the-year-at-previous-years-level-18529"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-07-10">07/10/2024</time><span>Press Release</span></div> </div> <div class='vertical-page-list-item--title'> Volkswagen Group deliveries in the first half of the year at previous year's level </div> <div class='vertical-page-list-item--image'> <span id="element_uid_12_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Infographic of Volkswagen Group deliveries in the first half of 2024, breakdown by regions and vehicle types." style="width:100%;height:100%;object-fit:cover;object-position:0% 0%;" src="https://uploads.vw-mms.de/system/production/images/cws/082/452/images_file_en/845cbb2396735e59642a33dc6636794dc60a9509/B2024CW00310_web_1600.jpg?1720603765" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/082/452/images_file_en/845cbb2396735e59642a33dc6636794dc60a9509/B2024CW00310_retina_2400.jpg?1720603765 1920w 1080h, https://uploads.vw-mms.de/system/production/images/cws/082/452/images_file_en/845cbb2396735e59642a33dc6636794dc60a9509/B2024CW00310_retina_2000.jpg?1720603765 1920w 1080h, https://uploads.vw-mms.de/system/production/images/cws/082/452/images_file_en/845cbb2396735e59642a33dc6636794dc60a9509/B2024CW00310_web_1600.jpg?1720603765 1600w 900h, https://uploads.vw-mms.de/system/production/images/cws/082/452/images_file_en/845cbb2396735e59642a33dc6636794dc60a9509/B2024CW00310_web_1160.jpg?1720603765 1160w 653h, https://uploads.vw-mms.de/system/production/images/cws/082/452/images_file_en/845cbb2396735e59642a33dc6636794dc60a9509/B2024CW00310_web_804.jpg?1720603765 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/082/452/images_file_en/845cbb2396735e59642a33dc6636794dc60a9509/B2024CW00310_web_466.jpg?1720603765 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/082/452/images_file_en/845cbb2396735e59642a33dc6636794dc60a9509/B2024CW00310_web_390.jpg?1720603765 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/traton-sells-a-total-of-78960-vehicles-in-the-second-quarter-of-2024-18532"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-07-10">07/10/2024</time></div> </div> <div class='vertical-page-list-item--title'> TRATON sells a total of 78,960 vehicles in the second quarter of 2024 </div> <div class='vertical-page-list-item--intro'> With the market environment continuing to normalize, the TRATON GROUP also recorded slightly declining unit sales in the second quarter of 2024. According to preliminary data, a total of 78,960 vehicles were delivered across all brands in the second quarter of 2024, down 5% on the prior-year quarter. In the first half of the year, unit sales amounted to 160,108 vehicles, also equivalent to a decline of 5%. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_13_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="TRATON Logo Brands" style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_1600.png?1685535594" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_retina_2400.png?1685535594 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_retina_2000.png?1685535594 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_1600.png?1685535594 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_1160.png?1685535594 1160w 652h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_804.png?1685535594 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_466.png?1685535594 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_390.png?1685535594 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/porsche-delivers-155945-vehicles-in-the-first-half-of-the-year-18533"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-07-09">07/09/2024</time></div> </div> <div class='vertical-page-list-item--title'> Porsche delivers 155,945 vehicles in the first half of the year </div> <div class='vertical-page-list-item--intro'> In the year of product launches, Porsche maintains stable sales in the first half of 2024: a total of 155,945 vehicles were handed over to customers worldwide between January and June. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_14_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 1167/655"></span><img alt="Colored Porsche Logo" style="width:100%;height:100%;object-fit:cover;object-position:0% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/076/782/images/7d9fc3ddbc14f8c6ceaea85505de70f8395c45d4/B2023CW00334_web_1600.jpg?1730374253" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/076/782/images/7d9fc3ddbc14f8c6ceaea85505de70f8395c45d4/B2023CW00334_retina_2400.jpg?1730374253 1167w 655h, https://uploads.vw-mms.de/system/production/images/cws/076/782/images/7d9fc3ddbc14f8c6ceaea85505de70f8395c45d4/B2023CW00334_retina_2000.jpg?1730374253 1167w 655h, https://uploads.vw-mms.de/system/production/images/cws/076/782/images/7d9fc3ddbc14f8c6ceaea85505de70f8395c45d4/B2023CW00334_web_1600.jpg?1730374253 1167w 655h, https://uploads.vw-mms.de/system/production/images/cws/076/782/images/7d9fc3ddbc14f8c6ceaea85505de70f8395c45d4/B2023CW00334_web_1160.jpg?1730374253 1160w 651h, https://uploads.vw-mms.de/system/production/images/cws/076/782/images/7d9fc3ddbc14f8c6ceaea85505de70f8395c45d4/B2023CW00334_web_804.jpg?1730374253 804w 451h, https://uploads.vw-mms.de/system/production/images/cws/076/782/images/7d9fc3ddbc14f8c6ceaea85505de70f8395c45d4/B2023CW00334_web_466.jpg?1730374253 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/076/782/images/7d9fc3ddbc14f8c6ceaea85505de70f8395c45d4/B2023CW00334_web_390.jpg?1730374253 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/traton-shareholders-approve-executive-and-supervisory-boards-actions-and-resolve-on-2023-dividend-more-than-double-last-years-18453"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-06-13">06/13/2024</time></div> </div> <div class='vertical-page-list-item--title'> TRATON shareholders approve Executive and Supervisory Boards’ actions and resolve on 2023 dividend — more than double last year’s </div> <div class='vertical-page-list-item--intro'> TRATON SE shareholders have approved all items on the agenda for this year’s Annual General Meeting by a large majority. One of the votes resolved on a dividend payout of €1.50 per share for fiscal year 2023, more than twice as high as last year’s figure of €0.70. In addition, the shareholders approved the actions of the members of the Executive and Supervisory Boards for fiscal year 2023 as well as the submitted remuneration report. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_15_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Three men in suits smiling and standing side by side on a stage with a dark background." style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/081/952/images/4cd54e76e2804c3617dbca91c0e5458931ae4736/B2024CW00276_web_1600.jpg?1718347671" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/081/952/images/4cd54e76e2804c3617dbca91c0e5458931ae4736/B2024CW00276_retina_2400.jpg?1718347671 2400w 1600h, https://uploads.vw-mms.de/system/production/images/cws/081/952/images/4cd54e76e2804c3617dbca91c0e5458931ae4736/B2024CW00276_retina_2000.jpg?1718347671 2000w 1333h, https://uploads.vw-mms.de/system/production/images/cws/081/952/images/4cd54e76e2804c3617dbca91c0e5458931ae4736/B2024CW00276_web_1600.jpg?1718347671 1600w 1067h, https://uploads.vw-mms.de/system/production/images/cws/081/952/images/4cd54e76e2804c3617dbca91c0e5458931ae4736/B2024CW00276_web_1160.jpg?1718347671 1160w 773h, https://uploads.vw-mms.de/system/production/images/cws/081/952/images/4cd54e76e2804c3617dbca91c0e5458931ae4736/B2024CW00276_web_804.jpg?1718347671 804w 536h, https://uploads.vw-mms.de/system/production/images/cws/081/952/images/4cd54e76e2804c3617dbca91c0e5458931ae4736/B2024CW00276_web_466.jpg?1718347671 466w 311h, https://uploads.vw-mms.de/system/production/images/cws/081/952/images/4cd54e76e2804c3617dbca91c0e5458931ae4736/B2024CW00276_web_390.jpg?1718347671 390w 260h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/traton-to-be-uplisted-to-the-mdax-18437"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-06-06">06/06/2024</time></div> </div> <div class='vertical-page-list-item--title'> TRATON to be uplisted to the MDAX </div> <div class='vertical-page-list-item--intro'> TRATON SE will be uplisted from the SDAX to the MDAX, which tracks the performance of the 50 largest companies following the DAX stocks on the Regulated Market of the Frankfurt stock exchange. According to the information provided by Deutsche Börse, TRATON’s admission to this key stock market index will be effective from June 24, 2024. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_16_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="TRATON Logo Brands" style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_1600.png?1685535594" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_retina_2400.png?1685535594 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_retina_2000.png?1685535594 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_1600.png?1685535594 1163w 654h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_1160.png?1685535594 1160w 652h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_804.png?1685535594 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_466.png?1685535594 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/076/668/images/eb43cd2cf410ae87ea4ef4ada2af8aa360cbf1b3/B2023CW00330_web_390.png?1685535594 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/press-releases/volkswagen-shareholders-formally-approve-actions-of-board-of-management-and-supervisory-board-and-adopt-resolution-on-dividend-for-2023-18418"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-05-29">05/29/2024</time><span>Press Release</span></div> </div> <div class='vertical-page-list-item--title'> Volkswagen shareholders formally approve actions of Board of Management and Supervisory Board and adopt resolution on dividend for 2023 </div> <div class='vertical-page-list-item--intro'> At the Annual General Meeting of Volkswagen AG, the shareholders followed the proposal of the Board of Management and Supervisory Board and resolved by a majority of 99,99 % to pay an increased dividend of EUR 9.00 per ordinary share and EUR 9.06 per preference share for the 2023 financial year. This corresponds to a payout ratio of 28 per cent and an increase of EUR 0.30 per share. Volkswagen AG is distributing a total of EUR 4.5 billion to its shareholders for the 2023 financial year. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_17_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Group photo of eight people in suits on stage at the 64th ordinary general meeting of Volkswagen Aktiengesellschaft." style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/081/759/images/9512d9eb1718763a48754cb9e3334d2d023e069b/B2024CW00254_web_1600.jpg?1717059959" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/081/759/images/9512d9eb1718763a48754cb9e3334d2d023e069b/B2024CW00254_retina_2400.jpg?1717059959 2400w 1351h, https://uploads.vw-mms.de/system/production/images/cws/081/759/images/9512d9eb1718763a48754cb9e3334d2d023e069b/B2024CW00254_retina_2000.jpg?1717059959 2000w 1125h, https://uploads.vw-mms.de/system/production/images/cws/081/759/images/9512d9eb1718763a48754cb9e3334d2d023e069b/B2024CW00254_web_1600.jpg?1717059959 1600w 900h, https://uploads.vw-mms.de/system/production/images/cws/081/759/images/9512d9eb1718763a48754cb9e3334d2d023e069b/B2024CW00254_web_1160.jpg?1717059959 1160w 653h, https://uploads.vw-mms.de/system/production/images/cws/081/759/images/9512d9eb1718763a48754cb9e3334d2d023e069b/B2024CW00254_web_804.jpg?1717059959 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/081/759/images/9512d9eb1718763a48754cb9e3334d2d023e069b/B2024CW00254_web_466.jpg?1717059959 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/081/759/images/9512d9eb1718763a48754cb9e3334d2d023e069b/B2024CW00254_web_390.jpg?1717059959 390w 219h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/press-releases/from-europe-for-europe-volkswagen-group-launches-project-for-all-electric-entry-level-mobility-18416"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-05-28">05/28/2024</time><span>Press Release</span></div> </div> <div class='vertical-page-list-item--title'> From Europe, for Europe: Volkswagen Group launches project for all-electric entry-level mobility </div> <div class='vertical-page-list-item--intro'> The Board of Management of the Volkswagen Group has decided to make all-electric entry-level mobility more widespread. The Brand Group Core will bring affordable electric vehicles from Europe, for Europe, into the market. The world premiere is scheduled for 2027. Volkswagen has been working for some time to offer compact, particularly inexpensive electric vehicles in the price range of around 20,000 euros. In this way, the Group's volume brands are fulfilling their promise to create mobility for all and continue to facilitate the entry into e-mobility. With its brand diversity, the Volkswagen Group also assumes a social responsibility for affordable, sustainable mobility. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_18_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Silhouette of a car illuminated from behind, highlighted by a soft glow on a dark background." style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/081/753/images/5f612c8d7a75a46f0f4204edc7a5a7c4c59804d0/B2024CW00249_web_1600.jpg?1716913792" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/081/753/images/5f612c8d7a75a46f0f4204edc7a5a7c4c59804d0/B2024CW00249_retina_2400.jpg?1716913792 2400w 1313h, https://uploads.vw-mms.de/system/production/images/cws/081/753/images/5f612c8d7a75a46f0f4204edc7a5a7c4c59804d0/B2024CW00249_retina_2000.jpg?1716913792 2000w 1094h, https://uploads.vw-mms.de/system/production/images/cws/081/753/images/5f612c8d7a75a46f0f4204edc7a5a7c4c59804d0/B2024CW00249_web_1600.jpg?1716913792 1600w 875h, https://uploads.vw-mms.de/system/production/images/cws/081/753/images/5f612c8d7a75a46f0f4204edc7a5a7c4c59804d0/B2024CW00249_web_1160.jpg?1716913792 1160w 635h, https://uploads.vw-mms.de/system/production/images/cws/081/753/images/5f612c8d7a75a46f0f4204edc7a5a7c4c59804d0/B2024CW00249_web_804.jpg?1716913792 804w 440h, https://uploads.vw-mms.de/system/production/images/cws/081/753/images/5f612c8d7a75a46f0f4204edc7a5a7c4c59804d0/B2024CW00249_web_466.jpg?1716913792 466w 255h, https://uploads.vw-mms.de/system/production/images/cws/081/753/images/5f612c8d7a75a46f0f4204edc7a5a7c4c59804d0/B2024CW00249_web_390.jpg?1716913792 390w 213h" class="lazyload" decoding="async" /></span> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/new-models-clear-plan-audi-board-of-management-optimistic-about-the-future-after-a-challenging-first-quarter-18364"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-05-03">05/03/2024</time></div> </div> <div class='vertical-page-list-item--title'> New models, clear plan: Audi Board of Management optimistic about the future after a challenging first quarter </div> <div class='vertical-page-list-item--intro'> 2024 will be a demanding year for the Audi Group. The challenging market environment and supply bottlenecks, especially for V6 and V8 engines, had a particularly negative impact on operating profit in the first quarter of the year. The company also has to manage numerous product ramp-ups. Revenue reached €13.7 billion in the first quarter of the year, while operating profit amounted to €466 million. The operating margin was 3.4 percent. In the first three months of the year, the Brand Group Progressive delivered 402,048 automobiles to customers – a decline of 4.7 percent. The demand for fully electric models, however, increased by 3 percent. Audi registered a significant increase of 13.7 percent in China, with 156,082 models delivered. </div> <div class='vertical-page-list-item--image'> <div class="image-with-consumption-data" consumption-data="" up-data=""Audi Q6 SUV \u003cspan class=\"nowrap\"\u003ee-tron\u003c/span\u003e quattro: Electric power consumption (combined): 19.6–17.0 kWh/100 km; CO\u003csub\u003e2\u003c/sub\u003e emissions (combined): 0 g/km; CO\u003csub\u003e2\u003c/sub\u003e-class: A""><span id="element_uid_19_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="An image of a dark gray Audi Q6 e-tron speeding on a curvy mountain road. The environment is green with trees and shrubs along the road." style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/081/662/images/522f1f1a8468364061a6d8831cf00b948c744e71/B2024CW00221_web_1600.jpg?1714729838" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/081/662/images/522f1f1a8468364061a6d8831cf00b948c744e71/B2024CW00221_retina_2400.jpg?1714729838 2400w 1600h, https://uploads.vw-mms.de/system/production/images/cws/081/662/images/522f1f1a8468364061a6d8831cf00b948c744e71/B2024CW00221_retina_2000.jpg?1714729838 2000w 1333h, https://uploads.vw-mms.de/system/production/images/cws/081/662/images/522f1f1a8468364061a6d8831cf00b948c744e71/B2024CW00221_web_1600.jpg?1714729838 1600w 1067h, https://uploads.vw-mms.de/system/production/images/cws/081/662/images/522f1f1a8468364061a6d8831cf00b948c744e71/B2024CW00221_web_1160.jpg?1714729838 1160w 773h, https://uploads.vw-mms.de/system/production/images/cws/081/662/images/522f1f1a8468364061a6d8831cf00b948c744e71/B2024CW00221_web_804.jpg?1714729838 804w 536h, https://uploads.vw-mms.de/system/production/images/cws/081/662/images/522f1f1a8468364061a6d8831cf00b948c744e71/B2024CW00221_web_466.jpg?1714729838 466w 311h, https://uploads.vw-mms.de/system/production/images/cws/081/662/images/522f1f1a8468364061a6d8831cf00b948c744e71/B2024CW00221_web_390.jpg?1714729838 390w 260h" class="lazyload" decoding="async" /></span><div consumption-data-indicator="" class="image-with-consumption-data--index"></div><noscript>Audi Q6 SUV <span class="nowrap">e-tron</span> quattro: Electric power consumption (combined): 19.6–17.0 kWh/100 km; CO<sub>2</sub> emissions (combined): 0 g/km; CO<sub>2</sub>-class: A</noscript></div> </div> </a><a class="vertical-page-list-item -medium" href="/en/articles/brand-group-core-increases-operating-profit-in-q1-2024-despite-challenging-market-environment-18361"><div class='vertical-page-list-item--badge'> <div class="badge"><time datetime="2024-05-02">05/02/2024</time></div> </div> <div class='vertical-page-list-item--title'> Brand Group Core increases operating profit in Q1 2024 despite challenging market environment </div> <div class='vertical-page-list-item--intro'> 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. </div> <div class='vertical-page-list-item--image'> <span id="element_uid_20_root" class="cropped-image"><span class="cropped-image--sizer" style="--image-aspect-ratio: 3/2"></span><img alt="Infographic showing financial key figures for the Brand Group Core for the first quarter of 2024, comparing sales, revenue, and operating results." style="width:100%;height:100%;object-fit:cover;object-position:50% 50%;" src="https://uploads.vw-mms.de/system/production/images/cws/081/658/images_file_en/11874eb6aaed863517089a559e66acc81c01ed80/B2024CW00220_web_1600.jpg?1714638401" srcset="https://assets.vw-mms.de/assets/images/blank-77M5IJTZ.png" data-sizes="auto" data-srcset="https://uploads.vw-mms.de/system/production/images/cws/081/658/images_file_en/11874eb6aaed863517089a559e66acc81c01ed80/B2024CW00220_retina_2400.jpg?1714638401 1024w 576h, https://uploads.vw-mms.de/system/production/images/cws/081/658/images_file_en/11874eb6aaed863517089a559e66acc81c01ed80/B2024CW00220_retina_2000.jpg?1714638401 1024w 576h, https://uploads.vw-mms.de/system/production/images/cws/081/658/images_file_en/11874eb6aaed863517089a559e66acc81c01ed80/B2024CW00220_web_1600.jpg?1714638401 1024w 576h, https://uploads.vw-mms.de/system/production/images/cws/081/658/images_file_en/11874eb6aaed863517089a559e66acc81c01ed80/B2024CW00220_web_1160.jpg?1714638401 1024w 576h, https://uploads.vw-mms.de/system/production/images/cws/081/658/images_file_en/11874eb6aaed863517089a559e66acc81c01ed80/B2024CW00220_web_804.jpg?1714638401 804w 452h, https://uploads.vw-mms.de/system/production/images/cws/081/658/images_file_en/11874eb6aaed863517089a559e66acc81c01ed80/B2024CW00220_web_466.jpg?1714638401 466w 262h, https://uploads.vw-mms.de/system/production/images/cws/081/658/images_file_en/11874eb6aaed863517089a559e66acc81c01ed80/B2024CW00220_web_390.jpg?1714638401 390w 219h" class="lazyload" decoding="async" /></span> </div> </a> </div> <div class='vertical-page-list--load-more-button'> <button load-more-button="" type="button" class="btn btn-default ">Show more content </button></div> </div></div> </div> </div></div></div><div class="page-row-spacer "></div> </div></div> </div> </div> <div class='layout--footer'> <div class='container'> <footer class='footer'> <div class='footer--copyright-and-links' role='list'> <div role='listitem'> © 2024 Volkswagen Group </div> <div role='listitem'> <a href="/en/site-notice-15695">Imprint</a> </div> <div role='listitem'> <a href="/en/privacy-policy-15677">Privacy</a> </div> <div role='listitem'> <a href="/en/terms-and-conditions-of-use-15697">Terms of Service</a> </div> <div role='listitem'> <a href="/en/cookie-policy-15690">Cookie Policy</a> </div> <div role='listitem'> <a href="/en/copyright-notices-and-licenses-for-open-source-software-15698">Third Party Licence Notes</a> </div> <div role='listitem'> <a href="#cookie-manager">Cookie Settings</a> </div> </div> <div class='footer--stocks-and-social'> <a class='footer-stocks' href='/en/share-details' role='list' up-layer='new modal'> <div role='listitem' stock-quote up-data='{"stockSymbol":"VOWVZ.DE"}'> PREF <div class='footer-stocks--item-price' stock-quote-field='CurrentPrice'></div> € </div> <div role='listitem' stock-quote up-data='{"stockSymbol":"VOWST.DE"}'> ORD <div class='footer-stocks--item-price' stock-quote-field='CurrentPrice'></div> € </div> </a> <div class='social-media-badges' role='list'> <div role='listitem'> <a title="X" class="icon -x" target="_blank" href="https://twitter.com/VWGroup"></a> </div> <div role='listitem'> <a title="YouTube" class="icon -youtube" target="_blank" href="https://www.youtube.com/channel/UC-KFRjSxQCKSGdF19_9Mt6Q"></a> </div> <div role='listitem'> <a title="TikTok" class="icon -tiktok" target="_blank" href="https://www.tiktok.com/@vwgroup"></a> </div> <div role='listitem'> <a title="LinkedIn" class="icon -linkedin" target="_blank" href="https://www.linkedin.com/company/volkswagen-group/"></a> </div> </div> </div> </footer> </div> </div> <div class='layout--consumption-disclaimer'> <div class='container'> The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO<sub>2</sub> emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO<sub>2</sub> emissions for new passenger cars can be found in the "Guide to fuel economy, CO<sub>2</sub> emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at <a href='https://www.dat.de/co2'>www.dat.de/co2</a>. </div> </div> <div class='layout--consumption-data'> <div class='consumption-data-banner' consumption-data-banner> <div class='consumption-data-banner--contents'></div> </div> </div> <div class='layout--footer-logo'> <div class='container'> <div class='footer-logo'> <img class="footer-logo--image" src="https://assets.vw-mms.de/assets/images/cws/volkswagen_group_logo-YD6OYBJM.svg" /> </div> </div> </div> </div> <div up-hungry="true" up-id="async-stylesheets"><div async-stylesheet="true" up-data="{"href":"https://assets.vw-mms.de/assets/cws_dynamic-ZYCLRE77.css"}"></div></div> <script type="module"> //<![CDATA[ Template.set("cart/cart_popover", "\u003cdiv class='cart-message'\u003e\n\u003cdiv slot='content'\u003e\u003c/div\u003e\n\u003c/div\u003e\n") Template.set("cart/could_not_add_message", "Failed to add object to the cart.\n") Template.set("cart/item_added_message", "\u003ca class=\"btn -muted\" up-layer=\"root\" href=\"/en/cart\"\u003eGo to cart\n\u003c/a\u003e") Template.set("cart/item_already_in_cart_message", "\u003ca class=\"btn -muted\" up-layer=\"root\" href=\"/en/cart\"\u003eAlready in cart!\n\u003c/a\u003e") //]]> </script></body> </html>