18.3.2020. In the next phase of the transformation of the Volkswagen Passenger Car brand has been strengthened. Decreasing total Sunday, last year the main brand of the Volkswagen Group delivered 6.3 million was too many tools than ever before.
Share Volkswagen managed to win all of the major markets on Sunday. T-cross, T-Roc’s growth, especially in the SUV segment with a high profit share model the attacker and the Atlas was a key driver. With more than 700,000 sold a vehicle, the Tiguan became the best-selling brand in the world still. Counts, golf, as well as sold the most cars in the world top ten.
The Sunday success is reflected in the business figures improved significantly: in the group of the brand’s sales rose 5 percent to 88.4 billion euros compared to the previous year. With a 17 percent increase in the operating result before special items reached EUR 3.8 billion. Operating margin (previous year: 3.8%) 4.3 estimated 4 percent within the target corridor of 5% to Rose. To the topic of diesel in the last financial year appeared the previous year, such as special items in the amount of 9 billion euros.
“In 2019, was a successful year for the Volkswagen brand. Our products inspire customers worldwide. We worked on all the important issues successfully. The strategy worked. Ralf Brandstatter Volkswagen brand, COO we’re delivering what we have promised,“ he said. “By the year 2020, we are facing major problems, in particular against the background corona of the epidemic. Back last year, with good results, we can overcome this crisis with courage and confidence. Volkswagen is a strong company with a strong team. What we can achieve when we act together Brandstatter more generally we have proved that is impressive,“ he said.
Content
- The strategy of “CONVERSION 2025+” successfully completed the first phase
- The brand’s 2020: an important year for E-campaign
- Volkswagen-changing software is a technology company focused-
- The financial outlook for 2020, Corona depending on the course and duration of crisis
The strategy of “CONVERSION 2025+” successfully completed the first phase
Volkswagen provides an important contribution to increase the competitiveness Pact next. Planned costs savings of 3.0 billion euro per year in 2019, at the end ahead of schedule has been more than 2.7 billion euros. 10.900 points to tolerate more employment has been reduced. In the future, more than the fields Volkswagen new jobs, this digitization and electro-mobility has created.
The brand launched their SUV’s offense consistently. The number of SUV model 4, grew up in 2016, meanwhile, the 14. 37 per cent currently, the share of SUVs in Europe, the United States is 50 percent higher. Product portfolio and systematic cost management with a setting, Volkswagen is making very good progress in the recovery in the region.
Ralf Brandstatter: “successfully completed the first phase of the Strategy 2025+ CONVERSION. In the second stage, now Volkswagen e-mobility we’re number 1. We are acting for a technology company and digital.“
The brand’s 2020: an important year for E-campaign
Despite the current situation around the corona of the crisis, Volkswagen 2025+ TRANSFORMATION” strategy “is launching the second phase of. A new era begins for the brand. The attacker is visible on the streets now E-large scale. ID.Three
new electric platform, the Ministry of National Education-the first pure e-car, delivered according to plan, the summer should be between customers. basic ID is followed.4 electric SUV brand, First. In addition to the further electrification of our portfolio will complement our traditional offer.
Volkswagen makes its way to emission free mobility for. 2022 E brand-Ministry of national education-basic car all the major car parts are available. 2025, the year in E-at least 1.5 million cars sold. By 2050, the fleet and the company is fully long-term decarbonisation target. In the current year, average CO2 emissions per kilometer of the fleet should be reduced to 25 grams. The current brand is sure to comply with limit values in the EU by 2020.
Volkswagen-changing software is a technology company focused-
In addition to the electrification of the brand in the coming years, driving will be the digitization with vigor. There are two main areas of focus: digital transformation has a structure such as the implementation of the roadmap for car.Software-Organization.
Zukunftstag digital transformation roadmap after the end of this tracking program is to make the brand affordable for the digital age. Faster, more efficient and more competitive new digital competencies which will be built in every area and organization. By 2023, to be eliminated in this way, it will be 4 thousand in business management. At the same time, 2 thousand new digital business is planned.
New jobs that are created in a part of the new car.The software Organization is responsible for the group seized the brand with the help of the software tool. The new unit software for all new mobility services through the digital ecosystem activities will be in the car by the operating system. As a first step, approximately 3,000 digital specialists together was taken. Working in the unit by 2025, more than 10,000 software engineer.
The financial outlook for 2020, Corona depending on the course and duration of crisis
Current business outlook continued development of Corona-is complicated by uncertainties about the crisis. Suppliers and cannot be guaranteed a steady supply of work permanently due to the situation in the field of logistics is increasingly demanding and dynamic. At the same time, declining sales in Europe. Uncover the Volkswagen brand, therefore, for production, initially there will be European plants which is expected to be ten business days.
Alexander Seitz Volkswagen brand, Chief Financial Officer, Corona a crisis of unprecedented and indeed will have an impact on the business development of the Volkswagen brand, “he said. Great effects yet as to how we can evaluate. We will do everything we can to stabilize and protect our employees. We are monitoring the situation very closely and, when necessary, to keep negative effects as low as possible. The Volkswagen Team has proven in the past who can handle difficult situations.”
Indicators total Volkswagen Passenger Car brand by 2019
2019
2018
%
(Thousand Deliveries. Original car.)
6.278
6.245
0,5 +
(Million Euros)Sales
88.405
84.585
4,5 +
(Million €)Special Items operating profit before
3.785
3.239
16,9 +
(Percent)operating return on sales of
4,3
3,8
0,5 +
(Million €)net cash flow before special items
2.827
-446
Volkswagen ID.R and ID.3 Essen Motor Show (photo: Volkswagen AG)
