Press

The Volkswagen Group Rus engine manufacturing plant in Kaluga has reached a new record: the 600,000th 1.6 MPI gasoline engine of EA211 series was produced.

• Deliveries 23.0 percent down on previous year at 2.0 (2.6) million vehicles – decline especially in Asia-Pacific and Europe
• Group sales revenue down by 8.3 percent to EUR 55.1 billion
• Operating profit before special items fell by EUR 3.9 billion to EUR 0.9 billion
• Earnings before tax came to EUR 0.7 (4.1) billion

• 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