Volkswagen Group

VOLKSWAGEN GROUP NEWSROOM (20 press releases)

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ŠKODA produced 1.5 million components (engines and gearboxes) at their Czech plants this year – more than ever before

PRESS RELEASE -- 18, December 2014

​› ŠKODA manufactures eight engines and three types of gearbox for ŠKODA cars and other brands in the Volkswagen Group › Modern ŠKODA component manufacturing in Mladá Boleslav and Vrchlabí › 115 years of ŠKODA expertise in development and manufacturing … Read the full press release

Volkswagen Group to invest EUR 85.6 billion in new models, innovative technologies and its global presence in its Automotive Division over the coming five years

PRESS RELEASE -- 24, November 2014

• EUR 85.6 billion for new models, environmentally friendly technologies and production facilities in the coming five years • Capex ratio to remain at a competitive level of between six and seven percent • Over half of investments in property, … Read the full press release

The Volkswagen Group reports a robust performance in the first nine months of 2014, despite ongoing uncertain market environment

PRESS RELEASE -- 30, October 2014

Sales revenue rises to EUR 147.7 billion (EUR 145.7 billion) Operating profit improves to EUR 9.4 billion (EUR 8.6 billion) in ongoing difficult market environment Profit before tax up EUR 2.1 billion year-on-year at EUR 11.5 billion High net liquidity … Read the full press release

More than 600 experts attended the Volkswagen Group’s PhD Day in Wolfsburg

PRESS RELEASE -- 30, October 2014

600 experts visit the PhD Day at Volkswagen in Wolfsburg WOLFSBURG, 30-10-2014 — /EuropaWire/ — This year, more than 600 experts attended the Volkswagen Group’s PhD Day, when 95 young scientists presented their research findings at the MobileLifeCampus in Wolfsburg. Their … Read the full press release

TomTom and Volkswagen Group Research to join forces for the development of Highly Automated Driving (HAD) systems

PRESS RELEASE -- 6, October 2014

PARIS, 6-10-2014 — /EuropaWire/ — TomTom (TOM2) and Volkswagen Group Research today announced that they have signed a Memorandum of Understanding to join forces for the development of Highly Automated Driving (HAD) systems. The goal of this research co-operation is to jointly … Read the full press release

Designers of the SEAT Ibiza get together to celebrate its 30th anniversary

PRESS RELEASE -- 1, October 2014

MARTORELL, 1-10-2014 — /EuropaWire/ — “It was a long, complex process”, recalls Giorgetto Giugiaro, creator of the first SEAT Ibiza in 1984, a car that would eventually become the company’s most charismatic, best-selling model. Sketches and protractor in hand, the Italian … Read the full press release

Bentley Motors appoints Robert Engstler as Regional Director for Europe effective October 1, 2014

PRESS RELEASE -- 30, September 2014

Crewe, England,  30-9-2014 — /EuropaWire/ — Bentley Motors has today announced that Robert Engstler will become Regional Director for Europe, with effect from October 1, 2014. He will succeed Bart Gerris, who will take up another position within the Volkswagen Group. … Read the full press release

Volkswagen Group: Automobili Lamborghini obtains certification from TÜV for its carbon fiber car repair service, world’s first within the automotive industry

PRESS RELEASE -- 29, September 2014

Sant’Agata Bolognese, 29-9-2014 — /EuropaWire/ — Automobili Lamborghini has obtained certification from TÜV for its carbon fiber car repair service over the entire product range. The certificate was presented today at the company’s Sant’Agata Bolognese headquarters in the presence of … Read the full press release

The Volkswagen Group reports H1 2014 sales revenue only slightly up on the prior-year period at EUR 98.8 billion

PRESS RELEASE -- 4, August 2014

First-half sales revenue only slightly up on the prior-year period at EUR 98.8 billion due to currency-related factors Operating profit rises by 0.4 billion to EUR 6.2 billion Profit before tax grows by 17.5 percent to EUR 7.8 billion Net … Read the full press release

Porsche Financial Services, Inc. issues new ABS bond in the USA worth approximately 490 million US dollars

PRESS RELEASE -- 23, May 2014

Once again, high investor demand in refinancing Stuttgart, 23-5-2014 — /EuropaWire/ — Porsche Financial Services, Inc. headquartered in Atlanta, Georgia, has issued a new ABS bond in the USA worth approximately 490 million US dollars. Porsche Financial Services is an indirect, wholly … Read the full press release

Volkswagen do Brasil names Ralf Berckhan VP for Sales and Marketing

PRESS RELEASE -- 23, May 2014

Wolfsburg, Germany, 23-5-2014 — /EuropaWire/ — Ralf Berckhan, currently Managing Director of Volkswagen Group Polska, has been named the new Vice President for Sales and Marketing at Volkswagen do Brasil. In a move that has been planned for some time, he … Read the full press release

Volkswagen Bank successfully placed its EUR 1.29 billion worth Auto ABS (Asset-Backed Securities) transaction Driver 12

PRESS RELEASE -- 17, April 2014

Securitised receivables volume amounts to around EUR 1.29 billion Braunschweig, Germany, 17-4-2014 — /EuropaWire/ — Volkswagen Bank GmbH, a wholly owned subsidiary of Volkswagen Financial Services AG, has today successfully placed its Auto ABS (Asset-Backed Securities) transaction, Driver 12, on the market … Read the full press release

Wolfgang Dürheimer appointed Chairman and CEO of Bentley Motors Ltd

PRESS RELEASE -- 16, April 2014

Crewe, UK, 16-4-2014 — /EuropaWire/ — Wolfgang Dürheimer, General Representative of the Volkswagen Group responsible for motorsport, is to become Chairman and Chief Executive Officer of Bentley Motors Ltd with effect from June 1, 2014. He is to succeed Dr Wolfgang Schreiber, … Read the full press release

Volkswagen Group delivered 2.40 million vehicles in Q1 2014, 5.8 percent up YoY

PRESS RELEASE -- 14, April 2014

929,500 vehicles delivered in March / +7.6 percent* Group Board Member for Sales Christian Klingler: “All in all, first-quarter deliveries very satisfactory. Prospect of return to modest growth on markets in Western Europe.” Wolfsburg, Germany, The Volkswagen Group delivered 2.40 (January-March 2013: 2.27; … Read the full press release

Vodafone brings automotive connectivity to Volkswagen and Audi vehicles

PRESS RELEASE -- 10, March 2014

Vodafone continues to develop a strong position in the automotive market Bringing connectivity to Volkswagen and Audi vehicles Newbury, ENG, 10-3-2014 — /EuropaWire/ —Vodafone today announced a new agreement with Volkswagen and Audi in Europe to provide automotive connectivity, starting with new … Read the full press release

Dr. Josef Fidelis Senn appointed President and CEO of Volkswagen Argentina

PRESS RELEASE -- 5, March 2014

Pacheco, Argentina / Wolfsburg, Germany, 5-3-2014 — /EuropaWire/ — Dr. Josef Fidelis Senn (57) has been appointed President and CEO of Volkswagen Argentina. He succeeds Emilio Saenz (51), who has become Chairman of the Board of Management and Plant Manager of Volkswagen … Read the full press release

Volkswagen T-ROC concept car with two removable roof halves debuts at Geneva International Motor Show

PRESS RELEASE -- 5, March 2014

Volkswagen concept car provides preview of new SUV range Wolfsburg, Germany / Geneva, Switzerland, 5-3-2014 — /EuropaWire/ — On the evening before the Geneva International Motor Show the Volkswagen Group traditionally presents its highlights. With the world première of the T-ROC concept … Read the full press release

Volkswagen Group announced it invested record €10.2 billion during 2013 in eco-friendly vehicles

PRESS RELEASE -- 4, March 2014

• More than €10 billion for research and development for the first time • EU new vehicle fleet better than target, at about 128 grams CO2 / km • Already 54 model variants below 100 grams CO2 / km • … Read the full press release

Volkswagen Group intends to address the major automotive industry challenges with the launch of its “Future Tracks” initiative

PRESS RELEASE -- 4, March 2014

• Group to reorient “thinking and action” to new challenges • Cooperation of “best developers, production experts and strategists” planned • Chairman of the Board of Management Prof. Dr. Winterkorn: “The automobile  industry must not bury its head in the … Read the full press release

Thomas Owsianski appointed Executive Director of ŠKODA Marketing and Sales Business at Shanghai Volkswagen, China

PRESS RELEASE -- 28, January 2014

Mladá Boleslav, Czech Republic, 28-1-2014 — /EuropaWire/ — Thomas Owsianski will promote the implementation of the ŠKODA growth strategy in the important automotive market of China. Thomas Owsianski (46) takes over as Executive Director of ŠKODA Marketing and Sales Business at … Read the full press release