Press

CEO Dr. Herbert Diess: “2019 was a very successful year for the Volkswagen Group. We have laid vital groundwork for all relevant changes.”
Volkswagen Passenger Cars increases sales revenue and operating profit – ID.31 and Golf 8 DNA models introduced, new brand design expresses the brand’s new attitude
Audi achieves higher operating return on sales – ŠKODA, SEAT, Bentley, Porsche, Scania and MAN see improvements in sales revenue and operating profit
Volkswagen Commercial Vehicles sees decrease in earnings, Volkswagen Financial Services sees significant increase in sales revenue and record operating profit

Sales revenue increases to EUR 252.6 billion (+7.1 percent) – operating profit before special items grows to EUR 19.3 billion (+12.8 percent)
Automotive Division: Net cash flow increases markedly to EUR 10.8 (-0.3) billion;
net liquidity reaches EUR 21.3 (19.4) billion
Board of Management and Supervisory Board propose an increase of the dividend to
EUR 6.50 (4.80) per ordinary share and EUR 6.56 (4.86) per preferred share
Deliveries in 2020 forecast to be in line with the previous year; sales revenue expected to be
up to 4 percent higher year-on-year with an operating return on sales of 6.5 to 7.5 percent

Production of light commercial vehicles will be launched in FEZ Jizzakh
Production capacity of the facility will reach up to 20,000 cars per year
The project will be implemented with the use of Uzavtosanoat JSC's local facilities and industrial technologies of the Volkswagen Group

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