#Brands
The Volkswagen Group is a company of powerful brands whose iconic products meet every mobility need and are broken down into the brand groups of Core, Progressive, Sport Luxury and Trucks. All brands share the very same goal: to develop and offer innovative and sustainable mobility solutions. Here is some additional information on the topic.
73 contents with this tag
Article
TRATON GROUP reports successful start to 2024 with higher sales revenue, earnings, and profitability
The TRATON GROUP reported a successful start to 2024 and increased its sales revenue, adjusted operating result, and adjusted operating return on sales in the first quarter despite a slight decrease in unit sales. The TRATON GROUP brands sold a total of 81,100 (3M 2023: 84,600) vehicles between January and March, a slight year-on-year decline of 4%. At the same time, sales revenue grew 5% to €11.8 billion (3M 2023: €11.2 billion) thanks to a favorable product and market mix and improved unit price realization. Accounting for 19% (3M 2023: 20%) of total sales revenue, the vehicle services business made a considerable contribution to business performance. At 66,400 (3M 2023: 68,500) vehicles, the Company’s incoming orders in the first quarter of the year were solid and thus only slightly down by 3% year-on-year. The book-to-bill ratio, or the ratio of incoming orders to unit sales, was 0.8 in the first three months. This meant that unit sales were higher than incoming orders, allowing order backlog to continue to return to normal.
At €1,106 million (3M 2023: €935 million), adjusted operating result was up significantly on the prior-year period. In light of the 5% increase in sales revenue, adjusted operating return on sales rose by 1 percentage point in the first quarter of 2024 to 9.4%.
Article
Seven premieres in one go: Volkswagen presents brands’ product highlights at ‘Group Night’ at Auto China 2024
At the Volkswagen ‘Group Night’, the Group’s world class brands demonstrate their innovative strength with an impressive line-up of China-exclusive models. On the eve of Auto China 2024, the Group confirmed its strong commitment to fulfilling the wishes of its Chinese customers with customised products. A total of 44 models from the Group’s brands will be on display at the show, 11 of which are celebrating their premiere. 2024 is a record year of world premieres for Volkswagen Group at Auto China in Beijing, and also marks the 40th anniversary of the Volkswagen Group in China. Through a strong ‘In China, for China’ approach, a market-wide product offensive with a focus on smart, connected vehicles tailored to Chinese consumers is accelerating to ‘China speed’.
Article
Audi to display strategic vision and electrified portfolio at Auto China 2024
Ahead of Auto China 2024 in Beijing, Audi is poised to showcase its strategy and all-electric portfolio for the world’s largest automotive market. With them, the brand with the four rings is strengthening the foundation for continued success in the country. Highlights at the booth include the world premiere of the Audi Q6L e-tron, set to be produced at the new Audi FAW NEV Company factory in Changchun. At Volkswagen’s Group Night and at an Audi press conference on opening day, Audi will also outline its further roadmap for the electric transformation of its offering in China.
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Group
The Group comprises ten brands from five European countries: Volkswagen, Volkswagen Commercial Vehicles, ŠKODA, SEAT, CUPRA, Audi, Lamborghini, Bentley, Porsche and Ducati. In addition, the Volkswagen Group offers a wide range of further brands and business units including financial services. Volkswagen Financial Services comprises dealer and customer financing, leasing, banking and insurance activities, and fleet management.
Article
After a solid fiscal year 2023: Audi strengthens and expands its product portfolio
The Audi Group has achieved a solid result in the 2023 fiscal year under challenging economic conditions. Revenue rose by 13.1 percent to €69.9 billion, the operating profit was €6.3 billion, and the operating margin was 9.0 percent. Net cash flow was nearly on par with the previous year at €4.7 billion. With numerous new models, Audi will significantly strengthen and expand its product portfolio in the coming years: The world premiere of the fully electric Audi Q6 e-tron, the first model on the new Premium Platform Electric (PPE), heralds a series of product launches. More than 20 new models are planned for 2024 and 2025.
Article
Experience Vorsprung durch Technik: the new Audi Q6 e-tron
The Audi Q6 e-tron is the first production model on the Premium Platform Electric (PPE), marking the next step in the company's transformation into a provider of premium electric mobility. With its characteristics, the electric SUV stands for Vorsprung durch Technik. The model is defined not only by impressive driving and charging performance, but also by increased efficiency and long range. The Audi Q6 e-tron embodies typical Audi SUV styling with a further refined e-tron design language. The new design philosophy in the interior and pioneering technologies debuting in the new model, begin the next chapter in electric mobility for the Four Rings and make Vorsprung durch Technik a tangible experience every day. With the Q6 e-tron range, e-mobility is coming from the Ingolstadt plant for the first time. The Audi Q6 e-tron quattro and SQ6 e-tron will be available to order from March 2024 at a price of 74.700 and 93.800 euros and will be delivered to customers in the third quarter of 2024.
Press Release
New partnership with SIXT – Elli opens its charging network to external partners
Volkswagen Group Charging (Elli) opened its large European charging network to mobility companies outside the Volkswagen Group for the first time. With Elli's extensive charging infrastructure and innovative digital mobility solutions, customers can now enjoy seamless access to a vast and high-quality charging network across Europe. The new product SIXT charge simplifies the entire charging experience: from access to Elli`s charging network to find charge points, starting and ending charging sessions, and complete billing and payment.
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Volkswagen Group Technology
Group Technology is made up of the four divisions Battery, Charging & Energy, Components and Platform Business.
Article
Macan sets new standards: the first all-electric SUV from Porsche
Porsche is launching its second all-electric model: the new Macan with powertrains of up to 470 kW (639 PS) delivers E-Performance on any terrain and a high level of day-to-day usability. Sports car-like performance figures are matched by high-performance fast charging at up to 270 kW and up to 613 km of range in WLTP.
Article
World premiere to mark the 50th anniversary: the new Golf is more attractive, intelligent and efficient than ever before
The Golf is celebrating its 50th birthday this year – and Volkswagen is launching an enhanced version of its bestseller to mark the anniversary. Customers will be able to order the new model in just a few weeks. The new Golf impresses with a next-generation infotainment system, a more intuitive operating concept, a sharper front and rear end design as well as efficient drive systems. These include plug-in hybrid drives with an increased all-electric range of about 100 kilometres. In addition, an illuminated Volkswagen logo adorns the front for the first time on a Golf.
Press Release
Volkswagen Group posts solid growth in deliveries in 2023 and strong increase in all-electric vehicles
The Volkswagen Group increased its deliveries in 2023 by
12 percent to 9.24 million vehicles. All regions contributed to this growth, with Europe
(+19.7 percent) and North America (+17.9 percent) being the main drivers. China, the Group's largest single market, grew by 1.6 percent despite a challenging market environment. The Volkswagen Group expanded its market share in Europe as well as North and South America and thus also increased slightly worldwide. Almost all brands recorded growth, in some cases substantial. SEAT/CUPRA achieved the highest increase in the passenger car segment with a rise of 34.6 percent, while MAN led the way in the truck segment with an increase of 37.1 percent. At the same time, the Volkswagen Group successfully continued its transformation and delivered 771,100 fully electric vehicles. This corresponds to an increase of 34.7 percent compared to the previous year. The share of all-electric vehicles in deliveries rose to 8.3 percent compared to 6.9 percent in 2022.
Article
Fleet.Electrified: 1,000 Volkswagen ID.4 for Siemens fleet
Volkswagen Financial Services are electrifying the fleet of Siemens AG together with the Volkswagen brand: the company's fleet will be gradually supplemented with up to 1,000 leased Volkswagen ID.4 vehicles. These all-electric vehicles are part of the electrification and sustainability strategy pursued by Siemens, one of the largest and longest established industrial companies in Germany.
Press Release
PowerCo confirms results: QuantumScape’s solid-state cell passes first endurance test
The solid-state cell is considered a technology of the future and the next big step in battery development. The technology promises longer ranges, shorter charging times and maximum safety. The U.S. company QuantumScape has recently reached an important milestone, which was now confirmed by PowerCo: its solid-state cell has significantly exceeded the requirements in the A-sample test and successfully completed more than 1,000 charging cycles. For an electric car with a WLTP range of 500-600 kilometres, this corresponds to a total mileage of more than half a million kilometres. At the same time, the cell barely aged and still had 95 percent of its capacity (or discharge energy retention) at the end of the test. The tests, which ran for several months, were carried out in PowerCo's battery laboratories in Salzgitter
Press Release
Elli (Volkswagen Group Charging) expands to 600,000 charging points across Europe
Just in time for the new year, Elli (Volkswagen Group Charging) is expanding its charging network and offers e-mobility customers access to more than 600,000 charge points in 27 European countries. As one of the largest charging and energy provider and a brand of the Volkswagen Group, Elli is strategically expanding its mobility service business and, in addition to the quantitative expansion of the network, is focusing on greater convenience when charging. For Elli customers, this represents a major step forward in vehicle charging and in general a significant step forward for electric mobility in Europe.
