Volkswagen Financial

Volkswagen’s Brand Group Core, which encompasses its popular Volkswagen Passenger Cars, Škoda Auto, SEAT/CUPRA, and Volkswagen Commercial Vehicles, has released its third-quarter financials for 2024. The results offer insight into the group’s resilience amid rising market pressures and operational challenges, marked by robust sales performance but impacted profitability due to escalating fixed costs. Stable Sales, […]

Wolfsburg, April 21, 2023 – The Volkswagen Group successfully continued its transition to electric mobility in the first quarter of 2023. By the end of March, deliveries of all-electric vehicles (BEVs) have risen by 42 percent compared to the prior-year period, which was hit harder by supply chain issues. A total of 141,000 BEVs were […]

Wolfsburg, March 28, 2023 – The Volkswagen Group is restructuring its Sustainability unit; Dirk Voeste will be appointed as the new Chief Sustainability Officer with effect from April 1, 2023 and will report to Gernot Döllner, Head of Group Strategy and General Secretariat. Dirk Voeste succeeds Ralf Pfitzner, who after five years in the post […]

Wolfsburg, March 15, 2023 – The Volkswagen Passenger Cars brand further strengthened the company’s profitability in fiscal year 2022. Thanks to effective sales management and rigorous cost optimization, the company generated a robust financial result. Despite the challenging economic situation and the unsettled geopolitical environment, operating profit before special items increased to EUR 2.6 billion […]

Johannesburg, 8 July 2022 – Volkswagen continues to be one of South Africa’s leading passenger car brands with 30 581 vehicles sold in the first six months of 2022.

“Volkswagen Passenger Cars

Volkswagen Group delivers 8.26 million vehicles to customers worldwide in first 10 months VWSA dominates local passenger car market Polo and Polo Vivo best-selling passenger models

Sales revenue up 10.3 percent to EUR 52.7 billion (EUR 47.8 billion); positive impact from exchange rate effects Operating profit improves by EUR 0.5 billion to EUR 3.3 billion in a market environment with very divergent regional trends Profit before tax increases to EUR 4.0 billion (EUR 3.4 billion) Net liquidity in Automotive Division […]

New record: Deliveries in ten-month period top eight million for first time 842,700 vehicles delivered in October / +2.9 per cent* Group Board Member for Sales Christian Klingler: “Outpaced the overall market. Growth in Western Europe and Asia-Pacific” Wolfsburg, 14 November 2014: The Volkswagen Group handed over 8.24 (January- October 2013: 7.85; +5.0 per cent)* […]

August sales total 35,181 units The all-new Golf delivered 1,773 units for the month, marking a 17.3 percent increase in sales for the model over the previous August The Golf GTI delivered 2,026 units, a 46.7 percent increase Passat delivered 9,190 units for the month Jetta sedan delivered 13,406 units for the month Tiguan delivered […]

May sales total  32,163  units Passat delivered 8,955 units for the month Jetta sedan delivered 12,049  units for the month Tiguan delivered 2,649 units for the month High-mileage, TDI® Clean Diesel models accounted for 23.6 percent of sales in May Passat TDI sales were 3,172, representing 35.4 percent of sales of the vehicle marking the […]