Experience D[R]Iversity

Experience D[r]iversity.

FACTSANDFIGURES NAVIGATOR2011

TABLE OF CONTENTS 1

Table of Contents 1 The Volkswagen Group 2 Board of Management of Volkswagen AG 4 Supervisory Board 5 Key Figures 6 Five-Year Review 8 Volkswagen Share Key Figures 10 Share Price Development from Dec. 2005 to Dec. 2010 12 Significant Group Companies 14 Production Network 16 Germany 16 Europe 18 North/South America and South Africa 22 Asia/Pacific 23 Environment and Transport 25 Deliveries to Customers 26 Competitive Situation 33 Market Shares of New Passenger Car Registrations by Country 33 New Passenger Car Registrations by Market 34 Developments in Workforce 36 Employees in Technical Development 40 General Procurement Information 42 Procurement Volumes by Brand and Company 42 Organizational Charts 43 Volkswagen Passenger Cars 43 Audi 44 SEAT 45 ãkoda 46 Volkswagen Commercial Vehicles 47 Bentley 48 Bugatti 49 Lamborghini 50 Scania 51 Volkswagen Financial Services AG 52 Historical Notes 54 The Model Range of the Volkswagen Group 76 Volkswagen Passenger Cars 76 Audi 84 SEAT 89 ãkoda 92 Volkswagen Commercial Vehicles 96 Bentley 100 Bugatti 101 Lamborghini 102 Scania 103 2 THE VOLKSWAGEN GROUP

The Volkswagen Group with its headquarters in Wolfsburg is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. In 2010, the Group increased the number of vehicles delivered to customers to 7.203 million (2009: 6.336 million), corresponding to a 11.4 percent share of the world passenger car market.

In Western Europe just over one in five new cars (21.0 percent) comes from the Volkswagen Group. Group sales came in 2010 to 126,9 billion euros (2009: 105.2 billion). Profit after tax in the 2010 financial year amounted to 7.2 billion euros (2009: 0.9 billion).

The Group is made up of nine brands from seven European countries: Volkswagen, Audi, SEAT, Skoda, Volkswagen Commercial Vehicles, Bentley, Bugatti, Lamborghini and Scania. www.volkswagenag.com 3

Each brand has its own character and operates as an in dependent entity on the market. The product range extends from low-consumption small cars to luxury class vehicles. In the commercial vehicle sector, the product offering spans pick ups, buses and heavy trucks.

From the first quarter of 2011 the Group operates 62 produc tion plants* in fifteen European countries and a further seven countries in the Americas, Asia and Africa. Around the world, nearly 400,000 employees produce about 30,000 vehicles or are involved in vehicle-related services each working day. The Volkswagen Group sells its vehicles in 153 countries.

It is the goal of the Group to offer attractive, safe and environmentally sound vehicles which are competitive on an increasingly tough market and which set world standards in their respective classes.

* The production plants Chattanooga and Osnabrück will start production in spring 2011 and are therefore counted as active production plants.

December 31, 2010 4 BOARD OF MANAGEMENT OF VOLKSWAGEN AG

Board of Management of Volkswagen Aktiengesellschaft

Prof. Dr. rer. nat. Martin Winterkorn Chairman, Research and Development

Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement

Prof. Dr. rer. pol. Jochem Heizmann Commercial Vehicles

Christian Klingler Sales and Marketing

Dr.-Ing. E. h. Michael Macht Production

Prof. Dr. rer. pol. Horst Neumann Human Resources and Organization

Hans Dieter Pötsch Finance and Controlling

Rupert Stadler Chairman of the Board of Management of AUDI AG

December 31, 2010 SUPERVISORY BOARD www.volkswagenag.com 5

Hon.-Prof. Dr. techn. h.c. Peter Mosch Dipl.-Ing. ETH Chairman of the General Works Ferdinand K. Piëch Council of AUDI AG Chairman Bernd Osterloh Berthold Huber Chairman of the General and Group Deputy Chairman, Works Councils of Volkswagen AG First Chairman of IG Metall Dr. jur. Hans Michel Piëch Lawyer in private practice

Dr. Hussain Ali Al-Abdulla Dr. jur. Ferdinand Oliver Porsche Vice Chairman of Quatar Holding Member of the Board of Management of Familie Porsche AG Jörg Bode Beteiligungsgesellschaft Minister of Economic Affairs, Labor and Transport for the Federal State Dr. rer. comm. Wolfgang Porsche of Lower Saxony Chairman of the Supervisory Board of Porsche Automobil Holding SE; Dr. jur. Michael Frenzel Chairman of the Supervisory Board Chairman of the of Dr. Ing. h.c. F. Porsche AG Board of Management of TUI AG Wolfgang Ritmeier Babette Fröhlich Chairman of the Board of Manage IG Metall, Head of Strategic Planning ment of Volkswagen Management Association (VMA) Dr. jur. Hans Michael Gaul Jürgen Stumpf Dr. Ing. Jürgen Großmann Chairman of the Works Council at Chairman of the Board of Manage the Volkswagen AG Kassel plant ment of RWE AG; Partner, Georgs marienhütte Holding GmbH Bernd Wehlauer Deputy Chairman of the General Peter Jacobs and Group Works Councils of Chairman of the Works Council at Volkswagen AG the Volkswagen AG Emden plant Thomas Zwiebler David McAllister Chairman of the Works Council, Minister-President of the Volkswagen Commercial Vehicles Federal State of Lower Saxony

Hartmut Meine Director of the Lower Saxony and Saxony-Anhalt Regional Office of IG Metall

December 31, 2010 6 KEY FIGURES

VOLKSWAGEN GROUP

Volume Data 1 2010 2009 %

Vehicle sales (units) 7,278,440 6,309,743 + 15.4

Production (units) 7,357,505 6,054,829 + 21.5

Employees at Dec. 31 399,381 368,500 + 8.4

Financial Data (IFRSs), € million 2010 2009 %

Sales revenue 126,875 105,187 + 20.6

Operating profit 7,141 1,855 x

Profit before tax 8,994 1,261 x

Profit after tax 7,226 911 x

Profit attributable to shareholders of Volkswagen AG 6,835 960 x

Cash flows from operating activities 11,455 12,741 – 10.1

Cash flows from investing activities 9,278 10,428 – 11.0

Automotive Division 2

EBITDA 3 13,940 8,005 + 74.1

Cash flows from operating activities 13,930 12,815 + 8.7

Cash flows from investing activities 9,095 10,252 – 11.3

of which: investments in property, plant and equipment 5,656 5,783 – 2.2

as a percentage of sales revenue 5.0 6.2

capitalized development costs 1,667 1,948 – 14.4

as a percentage of sales revenue 1.5 2.1

Net cash flow 4,835 2,563 + 88.6

Net liquidity at Dec. 31 18,639 10,636 + 75.2

Return ratios in % 2010 2009

Return on sales before tax 7.1 1.2

Return on investment after tax (Automotive Division) 13.5 3.8

Return on equity before tax (Financial Services Division) 5 12.9 7.9 www.volkswagenag.com 7

VOLKSWAGEN AG

Volume Data 2010 2009 %

Vehicle sales (units) 2,309,648 2,053,427 + 12.5

Production (units) 1,100,186 1,038,344 + 6.0

Employees at Dec. 31 7 94,787 95,164 – 0.4

Financial Data (HGB), € million 2010 2009 %

Sales 57,243 47,864 + 19.6

Net income for the year 1,550 1,082 + 43.3

1) Volume data including the unconsolidated Chinese joint ventures. Employees in 2009 not including Chinese component plants.

2) Including allocation of consolidation adjustments between the Automotive and Financial Services divisions.

3) Operating profit plus net depreciation / amortization and impairment losses / reversals of impairment losses on property, plant and equipment, capitalized development costs, leasing and rental assets, goodwill and financial assets as reported in the cash flow statement.

4) Excluding acquisition and disposal of equity investments: €7,034 million (€7,585 million).

5) Profit before tax as a percentage of average equity.

December 31, 2010 8 FIVE-YEAR REVIEW

Volume Data (thousands)

Vehicle Sales (units) Germany Abroad Production (units) Germany Abroad Employees (yearly average) Germany Abroad

Financial Data (in € million )

Sales revenue

Profit before tax Profit after tax

Cash flows from operating activities* Cash flows from investing activities*

* 2008 and 2007 adjusted. www.volkswagenag.com 9

2010 2009 2008 2007 2006

7,278 6,310 6,272 6,192 5,720 1,059 1,288 1,013 1,030 1,093 6,219 5,022 5,259 5,162 4,627 7,358 6,055 6,347 6,213 5,660 2,115 1,938 2,146 2,086 1,935 5,243 4,117 4,201 4,127 3,725 389 367 357 329 329 178 173 178 175 174 210 194 179 154 155

2010 2009 2008 2007 2006

126,875 105,187 113,808 108,897 104,875

8,994 1,261 6,608 6,543 1,793 7,226 911 4,688 4,122 1,955

11,455 12,741 2,702 9,308 14,470 9,278 10,428 11,613 7,120 11,911

December 31, 2010 10 VOLKSWAGEN SHARE KEY FIGURES

Dividend development Number of no-par value shares at Dec. 31 Ordinary shares thousands Preferred shares thousands Dividend per ordinary share € per preferred share €

Share price development 1 Ordinary shares Closing € Annual high € Annual low € Preferred shares Closing € Annual high € Annual low € Market capitalization at Dec. 31 € billion Equity at Dec. 31 € billion Ratio of market capitalization to equity factor

Key figures per share Earnings per ordinary share € basic € diluted 3 € Operating profit 3 € Cash flows from operating activities 4 € Equity Price/earnings ratio 5 factor Price/cash flow ratio 5 factor Dividend yield ordinary share % preferred share % Price development (excluding dividends) ordinary share % preferred share %

Turnover on German stock exchanges 6 Turnover of Volkswagen ordinary shares € billion million shares Volkswagen share of total DAX turnover %

1) Xetra prices. 2) For 2006 from continuing and discontinued operations. 3) Based on the weighted average number of ordinary and preferred shares outstanding (basic). www.volkswagenag.com 11

2010 2009 2008 2007 2006

295,046 295,005 294,920 291,337 286,980 170,143 105,238 105,238 105,238 105,238

2.20 1.60 1.93 1.80 1.25 2.26 1.66 1.99 1.86 1.31

2010 2009 2008 2007 2006

105.90 77.00 250.00 156.10 85.89 118.50 298.85 945.00 197.90 85.89 62.30 72.41 148.43 82.60 45.10

121.40 65.74 38.02 100.00 56.55 136.90 81.72 108.30 131.00 56.55 55.83 30.24 29.30 54.14 32.85 51.9 29.6 77.7 56.0 30.6 46.0 35.3 35.0 31.9 26.9 1.13 0.84 2.22 1.75 1.14

2010 2009 2008 2007 2006

15.17 2.37 11.92 10.43 7.07 2 15.17 2.37 11.88 10.34 7.04 2 15.87 4.64 15.91 15.60 5.18 25.46 31.84 27.13 39.72 37.32 98.84 88.15 87.49 80.38 68.59 7.0 32.5 21.0 15.0 12.1 4.2 2.4 9.2 3.9 2.3

2.1 2.1 0.8 1.2 1.5 1.9 2.5 5.2 1.9 2.3

+ 37.5 – 69.2 + 60.2 + 81.7 + 92.5 + 84.7 + 72.9 – 62.0 + 76.8 + 74.0

2010 2009 2008 2007 2006 6.3 23.5 136.5 103.1 50.5 81.4 129.6 562.8 877.3 770.4 3.2 7 3.2 7 8.0 5.3 3.9

1) Xetra prices. 4) Based on the total number of ordinary and preferred shares on December 31. 2) For 2006 from continuing and discontinued operations. 5) Using closing prices of the ordinary shares. 3) Based on the weighted average number of ordinary and preferred shares outstanding (basic). 6) Order book turnover on German exchanges. 7) On December 23, 2009, preferred shares replaced ordinary shares in the DAX.

December 31, 2010 12 SHARE PRICE DEVELOPMENT FROM DEC. 2005 TO DEC. 2010

700

600

500

400

300

200

100

0 June 2007 June 2006 2007 March 2008 March 2006 March 2006 December 2007 December 2005 December September 2006 September 2007

Index based on month-end prices: Dec. 31, 2005 = 100 www.volkswagenag.com 13 June 2009 June 2010 June 2008 2009 March 2010 March 2008 December 2009 December 2010 December September 2008 September 2009 September 2010

Volkswagen preferred share Volkswagen ordinary share

DJ Euro STOXX 50 DJ Euro STOXX Automobile

German Share Index (DAX)

December 31, 2010 14 SIGNIFICANT GROUP COMPANIES

Name, location Equity interest as % VOLKSWAGEN AG, Wolfsburg Volkswagen Sachsen GmbH, Zwickau 100.00 VOLKSWAGEN SLOVAKIA, a.s., Bratislava/Slovak Republic 100.00 SITECH Sitztechnik GmbH, Wolfsburg 100.00 Volkswagen Navarra, S.A., Polígono de Landaben, s/n, Arazurí (Navarra)/Spain 100.00 Volkswagen Autoeuropa, Lda., Quinta do Anjo/Portugal 100.00 Volkswagen Motor Polska Sp.z o.o., Polkowice/Poland 100.00 Volkswagen-Audi España, S.A., El Prat de Llobregat (Barcelona)/Spain 100.00 Volkswagen Original Teile Logistik GmbH & Co. KG, Baunatal 53.37 VOLKSWAGEN Group United Kingdom Ltd., Milton Keynes/United Kingdom 100.00 Groupe VOLKSWAGEN France s.a., Villers-Cotterêts/France 100.00 Automobilmanufaktur Dresden GmbH, Dresden 100.00 Volkswagen Poznan´ Sp.z o.o., Poznan´/´Poland 100.00 Volkswagen Group Sverige Aktiebolag, Södertälje/Sweden 100.00 Volkswagen Group of America, Inc., Herndon, Virginia/USA 100.00 Volkswagen Group Canada, Inc., Ajax, Ontario/Canada 100.00 VOLKSWAGEN Group Japan K.K., Toyohashi/Japan 100.00 LLC Volkswagen Group Rus, Kaluga/Russian Federation 93.78 Volkswagen India Private Ltd., Pune/India 100.00 AUDI AG, Ingolstadt 99.55 AUDI BRUSSELS S.A./N.V., Brussels/Belgium 100.00 AUDI HUNGARIA MOTOR Kft., Györ/Hungary 100.00 Audi of America, LLC, Herndon, Virginia/USA 100.00 Audi Volkswagen Korea Ltd., Seoul/Korea 100.00 Audi Volkswagen Middle East FZE, Dubai/United Arab Emirates 100.00 Automobili Lamborghini Holding S.p.A., Sant' Agata Bolognese/Italy 100.00 VOLKSWAGEN GROUP ITALIA S.P.A., Verona/Italy 100.00 quattro GmbH, Neckarsulm 100.00 SEAT, S.A., Martorell, Barcelona/Spain 100.00 SEAT Deutschland GmbH, Mörfelden-Walldorf 100.00 Gearbox del Prat, S.A., El Prat de Llobregat (Barcelona)/Spain 100.00 ãKODA AUTO a.s., Mladá Boleslav/Czech Republic 100.00 ãkodaAuto Deutschland GmbH, Weiterstadt 100.00 ãKODA AUTO Slovensko, s.r.o., Bratislava/Slovak Republic 100.00 ãKODA AUTO POLSKA, S.A., Poznan´/Poland 51.00 Bentley Motors Ltd., Crewe/United Kingdom 100.00 Volkswagen de México, S.A. de C.V., Puebla/Pue./Mexico 100.00 Volkswagen do Brasil Indústria de Veículos Automotores Ltda., São Bernardo do Campo/Brazil 100.00 Volkswagen Argentina S.A., Buenos Aires/Argentina 100.00 Volkswagen of South Africa (Pty) Ltd., Uitenhage/South Africa 100.00

December 31, 2010 www.volkswagenag.com 15

Name, location Equity interest as % Scania AB, Södertälje/Sweden 1 49.29 Scania CV AB, Södertälje/Sweden 100.00 Scania Latin America Ltda., São Bernardo do Campo/Brazil 100.00 Scania Great Britain Ltd., Milton Keynes/United Kingdom 100.00 Scania Deutschland Holding GmbH, Koblenz 100.00

Shanghai-Volkswagen Automotive Company Ltd., Shanghai/PR China 2 50.00 FAW-Volkswagen Automotive Company, Ltd., Changchun/PR China 2 40.00 Volkswagen (China) Investment Company Ltd., Beijing/PR China 100.00 Volkswagen Group Services S.A., Brussels/Belgium 100.00 Volkswagen International Finance N.V., Amsterdam/The Netherlands 100.00

Porsche Zwischenholding GmbH, Stuttgart 2,4 49.90 Dr. Ing. h.c. F. Porsche AG, Stuttgart –

MAN SE, Munich 3 28.67 Suzuki Motor Corporation, Hamamatsu, Shizuoka/Japan 19.89 VOLKSWAGEN FINANCIAL SERVICES AG, Braunschweig 100.00 Volkswagen Leasing GmbH, Braunschweig 100.00 Volkswagen Bank GmbH, Braunschweig 100.00 Volkswagen Versicherung Aktiengesellschaft, Braunschweig 100.00 Volkswagen-Versicherungsdienst GmbH, Wolfsburg 100.00 VOLKSWAGEN FINANCE, S.A. - ESTABLECIMIENTO FINANCIERO DE CRÉDITO -, Madrid/Spain 100.00 Volkswagen Financial Services (UK) Ltd., Milton Keynes/United Kingdom 100.00 Volkswagen Financial Services N.V., Amsterdam/The Netherlands 100.00 Volkswagen Financial Services Japan Ltd., Tokyo/Japan 100.00 ãkoFIN s.r.o., Prague/Czech Republic 100.00

Global Mobility Holding B.V., Amsterdam/The Netherlands 2, 5 50.00 LeasePlan Corporation N.V., Amsterdam/The Netherlands – Volkswagen Pon Financial Services B.V., Amersfoort/The Netherlands 2, 6 60.00 VW CREDIT, INC., Wilmington, Delaware/USA 100.00 VOLKSWAGEN LEASING SA DE CV, Puebla/Mexico 100.00 VOLKSWAGEN BANK SA INSTITUCION DE BANCA MULTIPLE, Puebla/Mexico 100.00 Financial services companies in Brazil, São Paulo/Brazil 100.00 Financial services companies in Argentina, Buenos Aires/Argentina 100.00

1) The share of the voting rights in Scania is 71.81 % and thus differs from the equity interest. 2) Joint ventures are accounted for using the equity method. 3) The share of the voting rights in MAN is 29.9 % and thus differs from the equity interest. The company is accounted for using the equity method. 4) Porsche Zwischenholding GmbH, Stuttgart, holds 100 % of the shares of Dr. Ing. h.c. F. Porsche AG, Stuttgart. The company‘s fiscal year ended on June 30, 2010. In the current fiscal year, the reporting date was moved to December 31, 2010. 5) Global Mobility Holding B.V., Amsterdam, holds all shares of LeasePlan Corporation N.V., Amsterdam. 6) The Volkswagen Group has joint control of Volkswagen Pon Financial Services B.V. on the basis of contractual provisions.

December 31, 2010 16 PRODUCTION NETWORK GERMANY

12 4 3, 13 5 8

6 11 9 10

2 1

December 31, 2010 www.volkswagenag.com 17

GERMANY 7 Emden plant (7,536 employees) AUDI AG (46,620 employees; PASSAT, PASSAT ESTATE, PASSAT CC founded in 1909, 1965 acquisition of 50 % of the capital of Auto- 8 Salzgitter plant Union GmbH; today more than (5,950 employees) 99 % owned by VOLKSWAGEN AG) engines

1 Ingolstadt plant Volkswagen Sachsen GmbH AUDI A3, AUDI A3 SPORTBACK, AUDI A4, (7,846 employees; AUDI A4 AVANT, AUDI A4 ALLROAD, founded in 1990; wholly owned AUDI A5 COUPÉ, AUDI A5 SPORT by VOLKSWAGEN AG) BACK, AUDI Q5, components: engine components 9 Chemnitz plant engines 2 Neckarsulm plant AUDI A4, AUDI A5 CABRIOLET, 10 Zwickau plant AUDI A6, AUDI A6 AVANT, AUDI A6 GOLF, PASSAT ALLROAD, AUDI A7 SPORTBACK, AUDI A8, AUDI R8 COUPÉ, AUDI R8 SPYDER Automobilmanufaktur Dresden GmbH VOLKSWAGEN AG (421 employees; founded in 1998; (94,787 employees; founded as wholly owned by VOLKSWAGEN AG) Volkswagenwerk GmbH in 1938) 11 Gläserne Manufaktur 3 Wolfsburg plant Dresden (49,857 employees) PHAETON GOLF, GOLF PLUS, TIGUAN, TOURAN, components: press shop, chassis, Volkswagen Osnabrück plastics technology GmbH (840 employees; founded in 2009; 4 Hanover plant wholly owned by VOLKSWAGEN AG) (12,530 employees) T5, components: foundry, 12 Osnabrück plant nd heat exchangers GOLF CABRIOLET (from 2 quarter 2011) 5 Brunswick plant (5,548 employees) SITECH Sitztechnik GmbH chassis components (1,755 employees; founded in 2001; wholly owned by SITECH Sp. z o.o.) 6 Kassel plant (13,366 employees) 13 Wolfsburg plant gearboxes, components: foundry, components: seating technology press shop, exhaust systems

December 31, 2010 18 PRODUCTION NETWORK EUROPE

23 30

17 29 19 28 20, 21 14 41 39 40 34 16 33 27 42

18 15 38 35 36 37 22

December 31, 2010 www.volkswagenag.com 19

BELGIUM ITALY

AUDI BRUSSELS S.A. Automobili Lamborghini (2,143 employees; founded in S.p.A. 1971; wholly owned (826 employees; founded in 1963, by AUDI AG) wholly owned by Automobili Lamborghini Holding S.p.A., wholly 14 Brussels plant owned by AUDI AG since 1998) AUDI A1 18 Sant’ Agata Bolognese plant BOSNIA-HERZEGOVINA GALLARDO COUPÉ, GALLARDO SPYDER, MURCIÉLAGO COUPÉ, VOLKSWAGEN SARAJEVO, MURCIÉLAGO ROADSTER, engines d.o.o. (founded in 1998; POLAND 58% VOLKSWAGEN AG, 42% Prevent Sarajevo d.o.o.) Volkswagen Poznan´ Sp. z o.o. (4,985 employees; founded in 1993; 15 Sarajevo plant wholly owned by Volkswagen ECO CARRIER, components: International Finance N.V.) ring gears, stub axles 19 Pozna´n plant CADDY 3, T5, FRANCE components: foundry Bugatti Automobiles SAS Volkswagen Motor Polska (62 employees; founded in 1910; Sp. z o.o. part of the Volkswagen Group (1,147 employees; founded in since 1998; today wholly owned by 1998; wholly owned by Volkswagen Groupe VOLKSWAGEN France s.a.) International Finance N.V.)

16 Molsheim plant 20 Polkowice plant VEYRON 16.4, VEYRON GRAND SPORT, engines VEYRON SUPER SPORT SITECH Sp. z o.o. GREAT BRITAIN (1,393 employees; founded in 1998; wholly owned by Volkswagen Bentley Motors Ltd. International Finance N.V.) (3,467 employees; founded in 1919; wholly owned by Volkswagen 21 Polkowice plant International Finance N.V.) components: seating technology

17 Crewe plant MULSANNE, CONTINENTAL FLYING SPUR, CONTINENTAL GT, CONTINENTAL GTC, engines

December 31, 2010 20 PRODUCTION NETWORK EUROPE

PORTUGAL 26 Luleå plant (Sweden) Components (production of AUTOEUROPA - frame members) AUTOMÓVEIS LDA. (3,221 employees; 27 Angers plant founded in 1991; 74 % Volkswagen (France) International Finance N.V.; Assembly of trucks 26 % Global VW Automotive B.V.) 28 Zwolle plant 22 Palmela plant (The Netherlands) EOS, SCIROCCO, SHARAN, Assembly of trucks SEAT ALHAMBRA 29 Meppel plant RUSSIA (The Netherlands) Components, components paint LLC Volkswagen Group Rus shop (3,097 employees; founded in 1999; 28.06 % VOLKSWAGEN AG, 30 Slupsk plant (Poland) 16.80 % ãKODA AUTO a.s., 48.92 % Assembly of bus bodies Volkswagen International Finance N.V., 6.22 % European Bank for 31 São Paulo plant Reconstruction and Development) (Brazil) Production of engines, axles, cabs, 23 Kaluga plant truck and bus chassis TIGUAN, POLO, ãKODA FABIA, ãKODA OCTAVIA 32 Tucumán plant (Argentina) SWEDEN Powertrain components (production of gearboxes and axle Scania AB components) (35,514 employees*; founded in 1891, VOLKSWAGEN AG 49.29 % share capital and 71.81 % voting rights)

24 Södertälje plant (Sweden) Production of truck and bus chassis, components (engines, transmission and axle production)

25 Oskarshamn plant (Sweden) Components (production of cabs)

* as reported by Scania December 31, 2010 www.volkswagenag.com 21

SLOVAK REPUBLIC Volkswagen Navarra, S.A. (4,795 employees; VOLKSWAGEN SLOVAKIA, a.s. founded in 1993 when the (6,964 employees; Pamplona plant was spun off from founded in 1991; wholly owned SEAT S.A. as ”Fabrica Navarra de by Volkswagen International Automoviles S.A.“, wholly owned Finance N.V.) by SEAT, S.A.)

33 Bratislava plant 38 Pamplona plant TOUAREG, AUDI Q7, POLO, engines (assembly only) PORSCHE CAYENNE, gearboxes (assembly only) CZECH REPUBLIC

34 Martin plant ãKODA AUTO a.s. gearbox/chassis components (23,308 employees; founded in 1895; wholly owned SPAIN by Volkswagen International Finance N.V.) SEAT, S.A. (10,726 employees; 39 Mladá Boleslav plant founded in 1950, wholly owned by FABIA, FABIA COMBI, OCTAVIA, Volkswagen International Finance OCTAVIA COMBI, engines, gearboxes, N.V) components: foundry

35 Barcelona plant 40 Kvasiny plant components: press shop ROOMSTER, PRAKTIK, YETI, SUPERB, SUPERB COMBI 36 Martorell plant IBIZA, IBIZA SC, IBIZA SPORTTOURER, 41 Vrchlabí plant LEÓN, ALTEA, ALTEA XL, ALTEA FREE OCTAVIA, OCTAVIA COMBI TRACK, EXEO, EXEO ST, engines (assembly only) HUNGARY

Gearbox del Prat, S.A. AUDI HUNGARIA MOTOR (1,085 employees; founded in Kft. 1989, wholly owned by SEAT, S.A.) (6,138 employees; founded in 1993; 37 Prat plant wholly owned by AUDI AG) gearboxes, components: foundry 42 Györ plant AUDI A3 CABRIOLET, AUDI TT COUPÉ, AUDI TT ROADSTER, engines

December 31, 2010 22 PRODUCTION NETWORK NORTH/SOUTH AMERICA AND SOUTH AFRICA

49 50 31 32 48 45 47 51 46

USA 46 Pacheco plant SURAN GP, AMAROK, Volkswagen Group of engines (assembly only) America Chattanooga Operations, LLC. BRAZIL (1,265 employees; founded in 2008; wholly owned by Volkswagen Volkswagen do Brasil Group of America Inc.) Indústria de Veículos Automotores Ltda. 43 Chattanooga plant (23,189 employees; founded in PASSAT (from 2nd quarter 2011) 1953; wholly owned by Volkswagen International Finance N.V.) MEXICO 47 Anchieta plant Volkswagen de México, S.A. GOL, NEW SAVEIRO, POLO, POLO de C.V. (15,290 employees; CLASSIC, PARATI, T2, engines, gear founded in 1964; wholly owned boxes, components: foundry by VOLKSWAGEN AG) 48 Curitiba plant 44 Puebla plant FOX, GOLF JETTA, NEW BEETLE, NEW BEETLE CABRIOLET, GOLF 49 São Carlos plant ESTATE, engines, components: engines foundry 50 Taubaté plant ARGENTINA GOL, VOYAGE

Volkswagen Argentina S.A. SOUTH AFRICA (6,500 employees; founded in 1980; wholly owned by SEAT, S.A.) Volkswagen of South Africa (Pty) Ltd. (5,634 employees; 45 Cordoba plant founded in 1956; wholly owned by gearboxes VOLKSWAGEN AG)

51 Uitenhage plant December 31, 2010 POLO, POLO VIVO, engines PRODUCTION NETWORK ASIA/PACIFIC 23

56,58 59, 62

57 55 54,60, 61

52 53

INDIA 54 Shanghai (Anting) plant ãKODA FABIA JINGRUI, ãKODA AUTO India Private ãKODA OCTAVIA MINGRUI, Ltd. (954 employees; founded in ãKODA SUPERB HAORUI, POLO, 1999; wholly owned by ãKODA POLO JINQING, POLO JINQU, LAVIDA, AUTO a.s.) SANTANA, PASSAT LINGYU, TIGUAN, TOURAN, engines 52 Aurangabad plant JETTA, PASSAT, ãKODA FABIA, ãKODA 55 Nanjing plant OCTAVIA, ãKODA SUPERB, ãKODA SANTANA, SANTANA VISTA YETI, AUDI A4, AUDI A6, AUDI Q5 FAW-Volkswagen Volkswagen India Private Ltd. Automotive Company Ltd. (3,505 employees; founded in (15,596 employees; founded in 2007; VOLKSWAGEN AG 90.99 % 1991; 20 % VOLKSWAGEN AG, share capital and 0.0001 % voting 10 % Volkswagen (China) Invest rights, Volkswagen International ment Company Ltd., 10 % AUDI AG, Finance N.V. 9.01 % share capital 60 % First Automobile Works and 99.9999 % voting rights) Corp./FAW)

53 Pune plant 56 Changchun plant ãKODA FABIA, POLO, VENTO JETTA, NEW BORA, GOLF, SAGITAR, MAGOTAN, MAGOTAN CC, AUDI A4, PEOPLE’S REPUBLIC OF CHINA AUDI A6, AUDI Q5, engines, gear boxes Shanghai-Volkswagen Automotive Company Ltd. 57 Chengdu plant JETTA (22,104 employees; founded in 1985; 40 % VOLKSWAGEN AG, 10 % Volks wagen (China) Investment Compa ny Ltd., 50 % Shanghai Automotive Group Company Ltd/SAGCL) December 31, 2010 24 PRODUCTION NETWORK ASIA/PACIFIC

56,58 59, 62

57 55 54,60, 61

52 53

Volkswagen FAW Platform Shanghai Volkswagen Company Ltd. Powertrain Company Ltd. (354 employees; founded in 2005; (525 employees; founded in 2005; 60 % Volkswagen (China) Invest 60 % Volkswagen (China) Invest ment Company Ltd., 40 % FAWER ment Company Ltd., 40 % Shanghai Automobile Parts Co. Ltd.) Automotive Group Company Ltd./ SAGCL) 58 Changchun plant components: chassis, axles 61 Shanghai (Loutang) plant engines VOLKSWAGEN FAW Engine (Dalian) Co., Ltd. VOLKSWAGEN Automatic (559 employees; founded in 2005; Transmission Co., Ltd. 60 % Volkswagen (China) Invest (580 employees; founded in 2010; ment Company Ltd., 40 % First wholly owned by Volkswagen Automobile Works Corp./FAW) (China) Investment Company Ltd.)

59 Dalian plant 62 Dalian plant engines gearboxes

VOLKSWAGEN Transmission (Shanghai) Company Ltd. (262 employees; founded in 2001; 60 % Volkswagen (China) Invest ment Company Ltd., 20 % FAW-Car Company, 20 % SAIC Motor Co., Ltd.)

60 Shanghai (Jiading) plant gearboxes

December 31, 2010 ENVIRONMENT AND TRANSPORT www.volkswagenag.com 25

Volkswagen Group models with CO2 emissions of less than 130 g/km for the German market

20 models ≤ 100 CO 2 / km 116 models ≤ 120 CO 2 / km

100 100

80 80

60 60

40 40 40 29 25 23 22 20 20 15 14 3 5 7 5 6 0 3 2 0 0 0 VW Audi SEAT ãkoda VW Audi SEAT ãkoda

220 models ≤ 130 CO 2 / km

100

80 75

60 52 49 51 42 40 24

20 16 15 2009 2010

0 VW Audi SEAT ãkoda

December 31, 2010 26 DELIVERIES TO CUSTOMERS

Worldwide 2009 December 31, 2010 2010 Group 6,336,319 7,203,094 (= +13.7 %) Volkswagen Passenger Cars 3,954,551 4,502,827 (= +13.9 %) Audi 949,729 1,092,411 (= +15.0 %) SEAT 336,683 339,501 (= +0.8 %) ãkoda 684,226 762,600 (= +11.5 %) Volkswagen Commercial Vehicles* 361,506 435,584 (= +20.5 %) Bentley 4,616 5,117 (= +10.9 %) Bugatti 50 40 (= -20.0 %) Lamborghini 1,515 1,302 (= -14.1 %) Scania 43,443 63,712 (= +46.7 %)

Europe 2009 December 31, 2010 2010 Group** 3,281,216 3,304,907 (= +0.7 %) Volkswagen Passenger Cars 1,564,083 1,545,374 (= -1.2 %) Audi 618,854 647,631 (= +4.7 %) SEAT 312,222 309,416 (= -0.9 %) ãkoda 525,572 528,071 (= +0.5 %) Volkswagen Commercial Vehicles 258,057 272,210 (= +5.5 %) Bentley 1,739 1,751 (= +0.7 %) Bugatti 22 18 (= -18.2 %) Lamborghini 667 436 (= -34.6 %)

* incl. trucks und buses January - February 2009 ** excl. Scania www.volkswagenag.com 27

Western Europe excl. Germany 2009 December 31, 2010 2010 Group* 1,655,259 1,846,870 (= +11.6 %) Volkswagen Passenger Cars 766,396 863,496 (= +12.7 %) Audi 359,465 382,748 (= +6.5 %) SEAT 236,852 248,499 (= +4.9 %) ãkoda 182,857 219,938 (= +20.3 %) Volkswagen Commercial Vehicles 107,776 130,426 (= +21.0 %) Bentley 1,363 1,408 (= +3.3 %) Bugatti 18 14 (= -22.2 %) Lamborghini 532 341 (= -35.9 %)

Central and Eastern Europe 2009 December 31, 2010 2010 Group* 381,932 423,187 (= +10.8 %) Volkswagen Passenger Cars 125,070 147,913 (= +18.3 %) Audi 30,545 35,726 (= +17.0 %) SEAT 19,188 17,897 (= -6.7 %) ãkoda 180,387 194,810 (= +8.0 %) Volkswagen Commercial Vehicles 26,605 26,712 (= +0.4 %) Bentley 103 113 (= +9.7 %) Lamborghini 34 16 (= -52.9 %)

* excl. Scania 28 DELIVERIES TO CUSTOMERS

Germany 2009 December 31, 2010 2010 Group* 1,244,025 1,034,850 (= -16.8 %) Volkswagen Passenger Cars 672,617 533,965 (= -20.6 %) Audi 228,844 229,157 (= +0.1 %) SEAT 56,182 43,020 (= -23.4 %) ãkoda 162,328 113,323 (= -30.2 %) Volkswagen Commercial Vehicles 123,676 115,072 (= -7.0 %) Bentley 273 230 (= -15.8 %) Bugatti 4 4 Lamborghini 101 79 (= -21.8 %)

Great Britain 2009 December 31, 2010 2010 Group* 338,744 377,496 (= +11.4 %) Volkswagen Passenger Cars 157,535 172,944 (= +9.8 %) Audi 90,513 99,705 (= +10.2 %) SEAT 29,987 32,936 (= +9.8 %) ãkoda 36,012 41,632 (= +15.6 %) Volkswagen Commercial Vehicles 23,681 29,197 (= +23.3 %) Bentley 891 976 (=+9.5 %) Bugatti 5 4 (= -20.0 %) Lamborghini 120 102 (= -15.0 %)

* excl. Scania www.volkswagenag.com 29

Italy 2009 December 31, 2010 2010 Group* 236,458 241,121 (= +2.0 %) Volkswagen Passenger Cars 130,649 137,018 (= +4.9 %) Audi 57,204 60,337 (= +5.5 %) SEAT 22,235 17,013 (= -23.5 %) ãkoda 18,215 18,276 (= +0.3 %) Volkswagen Commercial Vehicles 7,900 8,355 (= +5.8 %) Bentley 44 33 (= -25.0 %) Lamborghini 211 89 (= -57.8 %)

Spain 2009 December 31, 2010 2010 Group* 223,779 244,811 (= +9.4 %) Volkswagen Passenger Cars 77,773 85,916 (= +10.5 %) Audi 38,788 39,557 (= +2.0 %) SEAT 83,008 91,331 (= +10.0 %) ãkoda 17,598 19,871 (= +12.9 %) Volkswagen Commercial Vehicles 6,568 8,100 (= +23.3 %) Bentley 38 29 (= -23.7 %) Bugatti 0 2 Lamborghini 6 5 (= -16.7 %)

* excl. Scania 30 DELIVERIES TO CUSTOMERS

North America 2009 December 31, 2010 2010 Group* 467,344 549,238 (= +17.5 %) Volkswagen Passenger Cars 344,776 406,367 (= +17.9 %) Audi 98,896 121,452 (= +22.8 %) SEAT 15,588 13,380 (= -14.2 %) Volkswagen Commercial Vehicles 6,245 6,186 (= -0.9 %) Bentley 1,443 1,531 (= +6.1 %) Bugatti 7 6 (= -14.3 %) Lamborghini 389 316 (= -18.8 %)

USA 2009 December 31, 2010 2010 Group 297,973 360,287 (= +20.9 %) Volkswagen Passenger Cars 213,454 256,830 (= +20.3 %) Audi 82,716 101,629 (= +22.9 %) Volkswagen Commercial Vehicles 0 1 Bentley 1,443 1,531 (= +6.1 %) Bugatti 7 6 (= -14.3 %) Lamborghini 353 290 (= -17.8 %)

* excl. Scania www.volkswagenag.com 31

South America 2009 December 31, 2010 2010 Group* 808,817 887,958 (= +9.8 %) Volkswagen Passenger Cars 735,142 756,451 (= +2.9 %) Audi 8,716 13,390 (= +53.6 %) SEAT 1,491 2,483 (= +66.5 %) ãkoda 1,819 1,915 (= +5.3 %) Volkswagen Commercial Vehicles 61,644 113,707 (= +84.5 %) Lamborghini 5 12 (= +140.0 %)

Brazil 2009 December 31, 2010 2010 Group* 682,520 711,523 (= +4.2 %) Volkswagen Passenger Cars 623,056 614,498 (= -1.4 %) Audi 2,010 3,276 (= +63.0 %) Volkswagen Commercial Vehicles 57,449 93,737 (= +63.2 %) Lamborghini 5 12 (= +140.0 %)

South Africa 2009 December 31, 2010 2010 Group* 51,935 71,299 (= +37.3 %) Volkswagen Passenger Cars 39,379 54,173 (= +37.6 %) Audi 8,710 12,060 (= +38.5 %) Volkswagen Commercial Vehicles 3,838 5,058 (= +31.8 %) Lamborghini 8 8

* excl. Scania 32 DELIVERIES TO CUSTOMERS

Asia-Pacific 2009 December 31, 2010 2010 Group* 1,546,121 2,140,698 (= +38.5 %) Volkswagen Passenger Cars 1,200,505 1,651,469 (= +37.6 %) Audi 199,003 276,241 (= +38.8 %) ãkoda 138,782 203,313 (= +46.5 %) Volkswagen Commercial Vehicles 6,646 7,907 (= +19.0 %) Bentley 869 1,283 (= +47.6 %) Bugatti 6 5 (= -16.7 %) Lamborghini 310 480 (= +54.8 %)

China 2009 December 31, 2010 2010 Group* 1,400,013 1,923,454 (= +37.4 %) Volkswagen Passenger Cars 1,117,303 1,513,570 (= +35.5 %) Audi 158,941 227,938 (= +43.4 %) ãkoda 122,556 180,515 (= +47.3 %) Volkswagen Commercial Vehicles 612 283 (= -53.8 %) Bentley 484 901 (= +86.2 %) Lamborghini 117 247 (= +111.1 %)

* excl. Scania COMPETITIVE SITUATION 33

MARKET SHARES OF NEW PASSENGER CAR REGISTRATIONS BY COUNTRY (VW GROUP)

2009 2010 December 31, 2010

Germany 34.2 % 35.1 % France 11.3 % 11.2 % Great Britain 16.1 % 17.2 % Italy 10.1 % 11.5 % Spain 23.2 % 23.8 % Portugal 20.1 % 20.1 % Belgium 19.1 % 19.9 % The Netherlands 18.2 % 21.1 % Austria 31.7 % 32.2 % Switzerland 24.2 % 24.8 % Sweden 21.3 % 23.1 % Norway 24.2 % 25.5 % Denmark 14.7 % 16.4 % Finland 25.0 % 26.8 % Russia 6.5 % 7.1 % Western Europe excl. Germany 15.8 % 16.9 % Brazil 25.4 % 22.9 % China 16.5 % 16.8 % USA* 2.9 % 3.1 % Worldwide 11.2 % 11.4 % * market includes passenger cars and light trucks 34 COMPETITIVE SITUATION

NEW PASSENGER CAR REGISTRATIONS BY MARKET

Germany Volkswagen Group 35.10 % PSA Group 5.24 % Renault Nissan Allia 7.37 % General Motors Group 8.89 % Ford 6.80 % Fiat Group 3.09 % BMW Group 9.14 % Daimler AG 10.64 % Toyota Group 2.88 % Hyundai Group 3.80 %

USA (Passenger Cars and Light Trucks) Volkswagen 2.2 % Audi 0.9 % Volkswagen Group 3.1 % Toyota 15.2 % Nissan 7.8 % Honda 10.6 % Japanese automakers (total) 38.6 % Korean automakers (total) 7.7 % BMW 1.9 % Daimler AG 2.0 % Further imported brands 1.5 % Total imported brands* 54.9 % GM Group 19.1 % Ford Group 16.7 % Chrysler 9.4 % Domestics 45.1 %

* All figures shown are rounded, so minor discrepancies December 31, 2010 may arise from addition of these amounts. www.volkswagenag.com 35

Western Europe excl. Germany Volkswagen Group 16.92 % PSA Group 15.95 % Renault Nissan Allia 14.56 % General Motors Group 8.57 % Ford 8.63 % Fiat Group 9.07 % BMW Group 4.66 % Daimler AG 3.50 % Toyota Group 4.97 % Hyundai Group 4.28 %

China (excl. Hong Kong)* Volkswagen Group (local) 16.1 % Volkswagen Group (imported brands) 0.6 % Volkswagen Group (total)** 16.8 % GM Group 9.4 % Toyota 6.6 % Ford 2.7 % Nissan 5.8 % PSA Group 3.3 % Honda 5.7 % Hyundai 5.9 % Kia 2.8 % Chery 4.5 % Geely 3.1 % BYD 4.2 % Further chinese brands 17.9 % Further international brands 7.0 % * Source: Volkswagen Group China ** All figures shown are rounded, so minor discrepancies December 31, 2010 may arise from addition of these amounts. 36 DEVELOPMENTS IN WORKFORCE

VOLKSWAGEN GROUP Development of workforce worldwide

thousands 399.4 400

390

380 369.9 370 368.5

360

350 344.9 340 329.3 330 324.9 320

310 300 2005 2006 2007 2008 2009 2010

Year-end data, employees at production and service companies

December 31, 2010 VOLKSWAGEN GROUP Absolute numbers of employees in Germany/abroad

thousands 218.1 220

200 195.6 195.9

178.7 181.3 180 174.3 172.6 168.9 168.7 166.2 160.6 160 155.9

140

120

100 2005 2006 2007 2008 2009 2010

Germany Year-end data, employees at production and service companies abroad

December 31, 2010 www.volkswagenag.com 37

VOLKSWAGEN GROUP Workforce at production companies by country (excl. Scania)

Italy 826 Belgium 2,143 Russia 2,690 Portugal 3,221 Great Britain 3,467 India 4,459 South Africa 5,634 Hungary 6,138 Argentina 6,500 Slovak Republic 6,964 Poland 8,593 Mexico 15,290 Spain 16,606 Brazil 23,189 Czech Republic 23,308 China 39,980 Germany 152,269

December 31, 2010 VOLKSWAGEN GROUP Workforce at production companies by employment category

400,000

350,000

300,000 104,942 93,084 105,966 124,039 125,694 133,687 250,000

200,000 230,959 222,592 214,037 236,005 232,960 255,149 150,000

100,000

50,000

0 2005 2006 2007 2008 2009 2010 salaried (excl. apprentices) hourly workers (excl. apprentices)

December 31, 2010 38 DEVELOPMENTS IN WORKFORCE

VOLKSWAGEN AG Development of part-time employees

101,028 94,000 90,468 90,363 95,164 94,787

3,431 3,500 2,977 3,000 2,780 2,487 2,500 2,249 2,303 2,000

1,500

1,000

500 3.4% 2.4% 2.5% 2.8% 2.9% 3.1% 0 2005 2006 2007 2008 2009 2010

total (incl. apprentices) part-time employees (excl. partial retirement)

December 31, 2010

VOLKSWAGEN AG Development in share of female employees

101,028 94,000 90,468 90,363 95,164 94,787

13,984 14,000 13,747

13,500 13,397

13,000 12,472 12,500 12,427

11,966 12,000

11,500 13.9% 13.3% 13.2% 13.8% 14.1% 14.5% 11,000 2005 2006 2007 2008 2009 2010

total (incl. apprentices) women

December 31, 2010 www.volkswagenag.com 39

VOLKSWAGEN AG Overall age structure

42.4 42.5 42.2 years 42.1 years 42.0 years years 42.0

41.0

40.0 2007 2008 2009 2010

December 31, 2010

VOLKSWAGEN AG Health index

2010 95.0

2009 95.2

2008 95.7

2007 95.7

2006 96.3

2005 96.2

2004 96.2

2003 95.8

2002 95.5

2001 95.8

December 31, 2010 40 EMPLOYEES IN TECHNICAL DEVELOPMENT

Scania Volkswagen VW R 3.394 Passenger Cars GmbH Technical 199 Development Sitech Volkswagen 7,739 Bentley 107 Osnabrück Volkswagen 675 278 Commercial Vehicles 728 Bugatti ãkoda 93 1,584 Audi2 6,603 Italdesign Lamborghini 191 SEAT 548 918

Volkswagen de México/NAR 861

Volkswagen do Brasil 961

Volkswagen of Volkswagen South Africa 1 Argentina 117 36

1) incl. Robust Pick-Up/ Volkswagen Commercial Vehicles 2) incl. Audi Hungari Motor www.volkswagenag.com/ir 41

FAW-Volkswagen Volkswagen 603 Group China VTT Japan 29 35

Shanghai Volkswagen 1,060

Volkswagen of South Africa 117

Total: 27,406

647 further employees in Group Research

December 31, 2010 42 GENERAL PROCUREMENT INFORMATION www.volkswagenag.com

Purchasing Volumes (Volkswagen Group)

89.7 billion €

70.7 billion €

2009 2010

Procurement Volumes by Brand and Company*

Volkswagen AG 20,693.61 23.1 % Audi 13,493.86 15.0 % Volkswagen Shanghai 10,634.87 11.9 % FAW Volkswagen 8,586.52 9.6 % Volkswagen do Brasil 5,595.36 6.2 % ãkoda Auto 5,074.55 5.7 % Scania 4,140.17 4.6 % Volkswagen de México 3,794.69 4.2 % Audi Hungaria Motor 3,277.33 3.7 % SEAT 2,893.98 3.2 % Volkswagen Slovakia 2,773.90 3.1 % Volkswagen Sachsen 2,372.07 2.6 % Volkswagen Argentina 1,304.17 1.5 % Volkswagen Autoeuropa 1,248.97 1.4 % Audi Brussels 754.62 0.8 % Volkswagen of South Africa 701.74 0.8 % Volkswagen USA 675.48 0.8 % Volkswagen Motor Polska 658.88 0.7 % Bentley 329.51 0.4 % Volkswagen Group RUS 272.72 0.3 % Lamborghini 214.29 0.2 % Volkswagen India 179.01 0.2 % Total 89,670.30 100 %

* million € December 31, 2010 GENERAL PROCUREMENT INFORMATION www.volkswagenag.com ORGANIZATIONAL CHARTS 43

VOLKSWAGEN

Headquarters: Wolfsburg, Germany Share of capital held: 100 %

Board of Management, Volkswagen Passenger Cars Brand: Prof. Dr. rer. nat. Martin Winterkorn Chairman Dr. rer. pol. Arno Antlitz Controlling and Accounting Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement Dr.-Ing. Ulrich Hackenberg Technical Development Christian Klingler Sales and Marketing Prof. Dr. Ing. Werner Neubauer Component Prof. Dr. rer. pol. Horst Neumann Human Resources and Organization Hubert Waltl Production, Logistics

Address: Volkswagen Aktiengesellschaft 38436 Wolfsburg Germany

Internet: www.volkswagen.com

February 01, 2011 44 ORGANIZATIONAL CHARTS

AUDI AG

Headquarters: Ingolstadt, Germany Share of capital held: 99.55 %

Board of Management, Audi: Rupert Stadler Chairman Ulf Berkenhagen Procurement Michael Dick Technical Development Frank Dreves Production Peter Schwarzenbauer Marketing and Sales Thomas Sigi Human Resources Axel Strotbek Finance and Organization

Address: AUDI AG 85045 Ingolstadt Germany

Internet: www.audi.com

February 01, 2011 ORGANIZATIONAL CHARTS 45

SEAT, S.A.

Headquarters: Martorell, Spain Share of capital held: 100 %

Board of Management, SEAT: James Muir President Dr. Ing. Matthias Rabe Research and Development Holger Kintscher Finance and Organization James Muir Sales and Marketing Ramón Paredes Governmental Relations Josef Schelchshorn Human Resources Dieter Seemann Procurement Wolfram Thomas Production

Address: SEAT, S.A. Autovía A-2, Km. 585 08760 Martorell Spain

Internet: www.seat.com

February 01, 2011 46 ORGANIZATIONAL CHARTS

ãKODA AUTO a.s.

Headquarters: Mladá Boleslav, Czech Republic Share of capital held: 100 %

Board of Management, ãkoda: Prof. Dr. h.c. Winfried Vahland Chairman Karlheinz Hell Purchasing Winfried Krause Commercial Affairs Michael Oeljeklaus Production und Logistics Dr. Ing. Eckhard Scholz Technical Development Jürgen Stackmann Sales and Marketing Bohdan Wojnar Human Resources Management

Address: ãKODA AUTO a.s. Václava Klementa 869 293 60 Mladá Boleslav Czech Republic

Internet: www.skoda-auto.com

February 01, 2011 ORGANIZATIONAL CHARTS 47

VOLKSWAGEN COMMERCIAL VEHICLES

Headquarters: Hanover, Germany Share of capital held: 100 %

Board of Management, Volkswagen Commercial Vehicles Brand: Dr.-Ing. Wolfgang Schreiber Chief Executive Officer Development Dirk Große-Loheide Purchasing and Logistics Harald Schomburg Sales and Marketing Klaus-Dieter Schürmann Finance and Integration Technology Jochen Schumm Human Resources

Address: Volkswagen Commercial Vehicles PO Box 21 05 80 30405 Hanover Germany

Internet: www.vwn.de

February 01, 2011 48 ORGANIZATIONAL CHARTS

BENTLEY MOTORS LIMITED

Headquarters: Crewe, Great Britain Share of capital held: 100 %

Board of Management, Bentley: Wolfgang Dürheimer Chairman and Chief Executive Doug Dickson Special Projects Dr.-Ing. Ulrich Eichhorn Engineering Christine Gaskell Personnel Jan-Henrik Lafrentz Finance and IS Alasdair Stewart Sales and Marketing Michael Straughan Manufacturing

Address: Bentley Motors Limited Pyms Lane Crewe Cheshire, CW1 3PL Great Britain

Internet: www.bentleymotors.com

February 1, 2011 ORGANIZATIONAL CHARTS 49

BUGATTI

Bugatti Automobiles S.A.S.: Headquarters: Molsheim, France Share of capital held: 100 % Wolfgang Dürheimer President Dr. rer. pol. Stefan Brungs, Marketing, Sales and After Sales Hans-Georg Melching, Finance and Human Resources Fred Schulemann, Production Chief Executive Officers

Bugatti International S.A. (Headquarters Luxemburg) Wolfgang Dürheimer President Bugatti Engineering GmbH (Headquarters Wolfsburg) Dirk Isgen Hans-Georg Melching Chief Executive Officers

Address: Bugatti Automobiles S.A.S. 1, Château St. Jean 67120 Molsheim France Bugatti Engineering GmbH Nordsteimker Str. 7-9 38446 Wolfsburg Germany Internet: www.bugatti.com

February 1, 2011 50 ORGANIZATIONAL CHARTS

AUTOMOBILI LAMBORGHINI S.p.A.

Headquarters: Sant’ Agata Bolognese, Italy Share of capital held: 100 %

Board, Lamborghini: Stephan Winkelmann President of the Board Automobili Lamborghini S.p.A., Sant’ Agata Bolognese, Italy Ranieri Niccoli Member of the Board Maurizio Reggiani Member of the Board

Address: Automobili Lamborghini S.p.A. via Modena, 12 40019 Sant’ Agata Bolognese Italy

Internet: www.lamborghini.com

February 01, 2011 ORGANIZATIONAL CHARTS 51

SCANIA

Headquarters: Södertälje, Sweden Share of capital held: 49.29 %

Executive Board, Scania: Leif Östling President and Chief Executive Officer Per Hallberg Research and Development, Purchasing Christian Levin Sales and Services Management Martin Lundstedt Franchise and Factory Sales Anders Nielsen Production and Logistics Jan Ytterberg Chief Financial Officer Finance and Business Control

Address: Scania SE-151 87 Södertälje Sweden

Internet: www.scania.com

February 01, 2011 52 ORGANIZATIONAL CHARTS

Headquarters: Brunswick, Germany Share of capital held: 100 %

Board of Management, Volkswagen Financial Services AG: Frank Witter Chairman of the Board of Management Frank Fiedler Finance Christiane Hesse Human Resources and Organization Dr. rer. pol. Michael Reinhart Risk Management Lars-Henner Santelmann Sales and Marketing

Address: Volkswagen Financial Services AG Gifhorner Straße 57 38112 Braunschweig Germany

Internet: www.vwfs.com

February 01, 2011 53 54 HISTORICAL NOTES

Ferdinand Porsche’s blue-print The brands “Volkswagen turned the dream of automotive Commercial Vehicles” and mobility for the masses into a Scania, that was acquired in “people’s car”. The automobile 2008, with factories in Europe, laid the foundation for a com Africa and South America pro pany which rapidly acquired vide a differentiated range of international significance after products spanning city vans, the Second World War. trucks and busses to suit the most diverse mobility require The motor of the “Wirtschafts ments. wunder“ was air-cooled and fitted at the rear of a car whose The financial services pro distinctive silhouette made vided by Volkswagen Financial Volkswagen a household name Services AG, a company whose all over the world, just as the roots go back as far as 1949, Transporter launched in 1950 also contribute to the automo became a much-loved work tive success of the Volkswagen horse and camper. Group.

Numerous production facilities Founded on strong brands, the outside Europe were already Volkswagen Group continues being set up in the 1950s to its successful automotive tradi bring the automaker closer to tion with fascinating products. the customer. Bolstered by another rise in unit Having evolved into a German sales to 7.1 million vehicles, the automotive group with the Volkswagen Group remains on acquisition of “Auto Union course to become the world’s GmbH” and “NSU Motoren leading automaker by 2018 – werke AG” in the 1960s, the economically and ecologically. dynamic market success of the Passat, Golf and Polo post-1973 triggered further corporate growth towards a multi-brand group: SEAT and Skoda were added in 1985 and 1991, Bentley, Lamborghini and Bugatti in 1998. www.volkswagenag.com 55

1937 — 1945

May 28, 1937 “Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH” is established in Berlin.

Early 1938 Construction of the Volkswagen plant east of Fallersleben be gins.

September 16, 1938 The company name is changed to “Volkswagenwerk GmbH”. Between 1939 and 1945, the Volkswagen plant is re organized for the production of armaments rather than the production of civilian vehicles. The expanding armaments out put of the plant after summer 1940 leads the company to meet most of its labour needs by using forced labour from abroad. In late summer 1944, almost two thirds of the 18,000-strong workforce is made up of foreign forced labourers.

April 11, 1945 The American troops who enter the town put an end to the pro duction of military equipment and liberate the forced labourers. 56 HISTORICAL NOTES

1945 1945 — 1949

June 1945 Vehicle Production Responsibility for the company VOLKSWAGENWERK GMBH seized by the Allies is turned over 1,785 to the British Military Govern ment for administration in trusteeship. Workforce (yearly average) December 1945 VOLKSWAGENWERK GMBH Series production of the Factory workers 5,459 Volkswagen Type 1 begins with Office workers 574 the assembly of 55 saloons. Total 6,033 October 1947 Export of the first Volkswagen saloons to the Netherlands Financial data begins with five vehicles. (million Reichsmark) January 1, 1948 VOLKSWAGENWERK GMBH Heinrich Nordhoff is appointed Sales 11.7 General Director of the Volks- wagen works.

July 29, 1948 The company’s registered office is transferred from Berlin to Wolfsburg and the change entered into the Commercial Register.

June 30, 1949 “Volkswagen-Finanzierungs- Gesellschaft mbH” is founded to provide loans to domestic customers and dealers, thus encouraging the sale of Volkswagens.

October 8, 1949 The British Military Government hands over the Volkswagen works to the trusteeship of the Federal German government. The State of Lower Saxony assumes the administration. www.volkswagenag.com 57

1950 — 1954 1950

March 8, 1950 Series production of the Volks Vehicle Production wagen Transporter begins in VOLKSWAGENWERK GMBH Wolfsburg. 90,038

September 11, 1952 The internationalization of the Volkswagen sales network Workforce (yearly average) begins with the founding of VOLKSWAGENWERK GMBH “Volkswagen Canada Ltd.” in Factory workers 13,322 Toronto. Office workers 1,644 Total 14,966 March 23, 1953 Volkswagen sets up its first foreign production company, “Volkswagen do Brasil Ltda.”, in Financial Data (million DM) São Paulo. In 1957 Volkswagen VOLKSWAGENWERK GMBH do Brasil switches from Sales 411 assembling the Transporter to Profit 3.8 local production; the first Beetle produced in Brazil leaves the assembly line in 1959.

October 1953 Volkswagenwerk GmbH has 82 sales agencies outside of Germany. Exports account for 44 percent of vehicle production. With 68,754 vehicles exported in 1953, Volkswagen accounts for over 40 percent of all passenger car exports from the Federal Republic of Germany.

January 1, 1954 The domestic sales organization encompasses 66 distributors, 239 dealerships and 531 authorized repair shops. 58 HISTORICAL NOTES

1955 1955 — 1959

August 5, 1955 Vehicle Production Employees and dealers from VOLKSWAGENWERK GMBH home and abroad celebrate the 329,893 production of the one millionth Volkswagen in Wolfsburg.

August 1955 Vehicle Sales The Karmann Ghia Coupé goes VOLKSWAGENWERK GMBH into production. Germany 150,397 October 27, 1955 Abroad 177,657 “Volkswagen of America Inc.” is Total 328,054 founded in Newark, New Jersey.

March 8, 1956 After a one-year period of con Workforce (yearly average) struction, the new plant in VOLKSWAGENWERK GMBH Hanover-Stöcken starts Factory workers 28,606 producing the Transporter. Office workers 2,964 Total 31,570 June 8, 1956 Volkswagenwerk GmbH acquires an interest in the

Financial Data (million DM) former import agency “South African Motor Assemblers and VOLKSWAGEN GROUP Distributors Ltd. (SAMAD)”. Sales 1,444 July 1958 Powertrain remanufacturing is moved from Wolfsburg to Altenbauna near Kassel. The workforce at the new Kassel plant, which repairs and rebuilds 430 engines and 130 axles a day, rises to 1,124 in 1959. www.volkswagenag.com 59

1960 — 1964 1960

March 11, 1960 “Volkswagen France S.A.” is Vehicle Production founded in Paris. VOLKSWAGEN GROUP 890,673 August 22, 1960 Based on the “VW Act”, Volks wagenwerk GmbH is trans formed into a joint stock com Vehicle Sales pany. Up to March 15, 1961, the VOLKSWAGEN GROUP company issues shares with a Germany 374,478 nominal value of 360 million Abroad 514,029 DM at a share price of 350 DM. Total 888,507 September 1961 Volkswagen launches the VW 1500 at the International Auto Workforce (yearly average) mobile Show in Frankfurt. VOLKSWAGEN GROUP Total 75,528 October 2, 1962 The one millionth Volkswagen Transporter rolls off the Financial Data (million DM) assembly line at the Hanover VOLKSWAGEN GROUP plant. Sales 4,607 January 17, 1964 “Volkswagen de México, S.A. de C.V.” is established in Mexico City.

December 8, 1964 The Emden plant begins producing the Beetle. Over 500 vehicles roll off the assembly line each day. They are shipped from the company’s own port and exported primarily to North America. 60 HISTORICAL NOTES

1965 1965 — 1969

January 1, 1965 Vehicle Production Volkswagenwerk AG acquires VOLKSWAGEN GROUP “Auto-Union GmbH” registered 1,594,861 in Ingolstadt; the independent brand widens the model range of the emerging group. Vehicle Sales October 1966 VOLKSWAGEN GROUP “Volkswagen Leasing GmbH” is Germany 632,671 founded. Abroad 963,693 August 1967 Total 1,596,364 Series production of the second generation of the Transporter begins at the Hanover plant. Workforce (yearly average)

VOLKSWAGEN GROUP May 1, 1968 Kurt Lotz becomes Chairman of Employees in foreign the Board of Management. Group companies 18,625 Total 125,157 September 19, 1968 A proving ground is opened near Ehra-Lessien; in its final form,

Financial Data (million DM) the site features over 100 km of test track. VOLKSWAGEN GROUP Sales 9,268 November 1968 Investments 702 The VW Group enters the upper mid-class segment with the presentation of the Audi 100.

August 21, 1969 “Auto Union GmbH” and “NSU Motorenwerke AG” join forces to become “Audi NSU Auto Union AG”. Volkswagenwerke AG initially owns 59.5 percent of the shares.

November 1969 The VW Porsche 914 goes into production. www.volkswagenag.com 61

1970 — 1974 1970

July 1970 The K 70 rolls off the assembly Vehicle Production line at Volkswagen’s new VOLKSWAGEN GROUP Salzgitter plant. 2,214,937

October 1, 1971 Rudolf Leiding takes over as Chairman of the Board of Vehicle Sales Management. VOLKSWAGEN GROUP Germany 725,055 May 1973 Abroad 1,481,866 The Passat, the first model of the new Volkswagen generation, Total 2,206,921 goes into production. It features front-wheel drive, a water- cooled 4-cylinder engine and a Workforce (yearly average) unitary construction all-steel VOLKSWAGEN GROUP body. Employees in foreign Group companies 35,421 February 1974 The sporty VW Scirocco goes Total 190,306 into series production.

March 29, 1974 Financial Data (million DM) Series production of the Golf VOLKSWAGEN GROUP begins in Wolfsburg. Sales 15,791 July 1, 1974 Investments 1,536 At 11.19 a.m. the last of almost Profit 407 12 million Beetles rolls off the assembly line in Wolfsburg. 62 HISTORICAL NOTES

1975 1975 — 1979

February 10, 1975 Vehicle Production Toni Schmücker becomes VOLKSWAGEN GROUP Chairman of the Board of 1,948,939 Management.

March 1975 Series production of the Polo Vehicle Sales begins in Wolfsburg. The auto VOLKSWAGEN GROUP mobile is positioned on the small Germany 625,555 car market as a less expensive Abroad 1,412,302 version of the nearly identical Total 2,037,857 Audi 50. October 27, 1976 The one millionth Golf rolls off Workforce (yearly average) the assembly line. VOLKSWAGEN GROUP January 1977 Employees in foreign The Derby, a notchback version Group companies 59,157 of the Polo, goes into production. Total 176,824 November 1977 Contract with the German

Financial Data (million DM) Democratic Republic providing for the delivery of 10,000 Golf. VOLKSWAGEN KONZERN Sales 18,857 January 19, 1978 Investments 941 The last Beetle to be built in Loss -157 Germany leaves the assembly line at the Emden plant.

May 1978 “V.A.G. Transportgesellschaft mbH” is founded in Wolfsburg.

February 1979 Karmann in Osnabrück begins production of the Golf Convertible. www.volkswagenag.com 63

1980 — 1984 1980

March 1980 The Audi quattro four-wheel Vehicle Production drive creates a stir at the VOLKSWAGEN GROUP Geneva Motor Show. 2,573,871 May 8, 1980 At the Energy Symposium in Wolfsburg, Volkswagen Vehicle Sales presents the Formula E. VOLKSWAGEN GROUP December 1980 Germany 787,591 “VW Kraftwerk GmbH” is founded in Wolfsburg. Abroad 1,707,156 Total 2,494,747 August 1981 Production of the Santana begins. Production of the second generation Polo Workforce (yearly average) begins in Wolfsburg. VOLKSWAGEN GROUP January 1, 1982 Employees in foreign Carl H. Hahn becomes Group companies 99,060 Chairman of the Board of Total 257,930 Management.

September 30, 1982 A license agreement for the Financial Data (million DM) production of the Volkswagen Passat, Santana and Polo VOLKSWAGEN GROUP models is signed with Sales 33,288 “Sociedad Española de Investments 4,279 Automóviles de Turismo” Profit 321 (SEAT).

November 1982 The VW Caddy city van goes into series production.

June 1983 Production of the second generation Golf begins.

February 3, 1984 The new research centre at the plant in Wolfsburg is inaugurated.

December 1984 Volkswagen acquires the majority of shares in the Italian general importer “Autogerma S.p.A.” 64 HISTORICAL NOTES

1985 1985 — 1989

January 1, 1985 Vehicle Production “Audi NSU Auto Union AG” VOLKSWAGEN GROUP is renamed “AUDI AG”. The 2,398,196 registered office moves from Neckarsulm to Ingolstadt.

April 20, 1985 Vehicle Sales “Shanghai-Volkswagen Auto VOLKSWAGEN GROUP motive Company Ltd.” is Germany 721,812 established. Volkswagenwerk Abroad 1,676,192 AG has a 50 percent share in the Total 2,398,004 German-Chinese joint venture. July 4, 1985 The name of the company is Workforce (yearly average) changed to “Volkswagen AG”. VOLKSWAGEN GROUP September 1, 1985 Employees in foreign Series production of the Santana Group companies 88,703 begins in China. Total 259,047 June 18, 1986 Volkswagen AG acquires

Financial Data (million DM) 51 percent of the capital stock of SEAT and increases its share to VOLKSWAGEN GROUP 75 percent by the end of the year. Sales 52,502 Investments 3,388 January 1988 Profit 596 The Corrado sport coupé goes into series production.

August 24, 1988 A licence agreement for the production of the Audi 100 in China is signed with “First Automobile Works” in Changchun.

Autumn 1989 Market launch of the Audi 100 TDI, the first Group model with a turbo direct-injection diesel engine. www.volkswagenag.com 65

1990 — 1994 1990

February 6, 1991 “FAW-Volkswagen Automotive Vehicle Production Company Ltd.” is established in VOLKSWAGEN GROUP Changchun. 3,057,598

April 16, 1991 Volkswagen AG acquires “SKODA, automobilovà a.s.”, Vehicle Sales which is integrated into the VOLKSWAGEN GROUP VW Group as the fourth brand. Germany 945,384 The well-respected traditional Abroad 2,084,795 Czech company marketed its Total 3,030,179 first automobiles in 1905.

June 24, 1991 “AutoEuropa Automóveis Lda.” Workforce (yearly average) is established in Setubal, VOLKSWAGEN GROUP Portugal, for the production of a multi-purpose vehicle (MPV). Employees in foreign Group companies 95,934 January 1, 1993 Total 268,744 Ferdinand Piëch becomes Chairman of the Board of Management. Financial Data (million DM) February 18, 1993 VOLKSWAGEN GROUP “AUDI HUNGARIA MOTOR Kft.” Sales 68,061 registered in Györ is established Investments 5,372 to produce engines. Profit 1,086 January 1, 1994 “Volkswagen Finanz GmbH” established three years earlier is renamed “Volkswagen Financial Services AG.”

March 1994 Audi presents the Audi A8, its sporty top-class limousine featuring the brilliantly innovative lightweight aluminum construction. 66 HISTORICAL NOTES

1995 1995 — 1999

July 4, 1995 Vehicle Production The “Volkswagen Nutzfahr VOLKSWAGEN GROUP zeuge” (Commercial Vehicles) 3,408,422 brand is introduced.

November 17, 1995 Volkswagen Argentina S.A. Vehicle Sales commissions its new production VOLKSWAGEN GROUP plant in Pacheco near Buenos Germany 937,323 Aires. Abroad 2,504,623 August 1997 Total 3,441,946 At the Wolfsburg site the fourth Golf generation goes into production. Workforce (yearly average) VOLKSWAGEN GROUP December 1997 “Volkswagen de México” starts Employees in foreign production of the New Beetle. Group companies 117,147 Total 259,342 July 1998 Acquisition of “Bugatti Inter- national S.A. Holding” and

Financial Data (million DM) “Bentley Motor Cars Ltd.”, whose automobile tradition VOLKSWAGEN GROUP goes back as far as 1919. Sales 88,119 Investments 6,863 September 1998 Profit 336 “Audi AG” acquires the Italian sports car manufacturer “Lamborghini S.p.A.”

July 1999 Volkswagen makes automobile history with the start of the Lupo 3L TDI, the world’s first standard production 3-liter vehicle.

December 23, 1999 The assembly company “SKODA Auto India Private Ltd.” is established in Aurangabad. www.volkswagenag.com 67

2000 — 2004 2000

June 1, 2000 The “Autostadt” opens in Vehicle Production Wolfsburg. VOLKSWAGEN GROUP (thousands) 5,156 December 11, 2001 The “Gläserne Manufaktur” is opened in Dresden and production of the Phaeton Vehicle Sales begins. VOLKSWAGEN GROUP Germany (thousands) 1,019 April 16, 2002 Bernd Pischetsrieder becomes Abroad (thousands) 4,146 Chairman of the Board of Total (thousands) 5,165 Management of Volkswagen AG.

August 2002 Workforce (yearly average) Series production of the Touareg begins at Volkswagen Slovakia, VOLKSWAGEN GROUP a.s. in Bratislava. Employees in foreign Group companies (thousands) 160.3 December 2002 Total (thousands) 324.4 Production of the Touran starts in Wolfsburg. After only six years, the versatile compact Financial Data (million €) van boasting high-quality VOLKSWAGEN GROUP workmanship already tops the one million mark. Sales 81,835 Investments 14,563

August 2003 Profit 2,614 Production of the fifth generation Golf begins. 68 HISTORICAL NOTES

2005 2005 March 11, 2005 Vehicle Production The sixth generation Passat VOLKSWAGEN GROUP limousine is launched, the (thousands) 5,219 successful Passat Estate model follows on August 19.

May 24, 2005 Vehicle Sales The one hundred millionth VOLKSWAGEN GROUP Volkswagen, a Touran, leaves Germany (thousands) 1,019 the assembly line at the Wolfs Abroad (thousands) 4,174 burg plant. Total (thousands) 5,193 September 15, 2005 The Bugatti Veyron takes to the road. The technical wonder from Workforce (yearly average) the 1001-hp world in Molsheim, VOLKSWAGEN GROUP Alsace, transforms the masterly Employees in foreign Group engineering craftsmanship companies (thousands) 166 of the automotive visionary Ettore Bugatti into contempora Total (thousands) 345 ry automotive performance.

September 21, 2005 Financial Data (million €) Production of Volkswagen VOLKSWAGEN GROUP Commercial Vehicles’ new Sales 93,996 “Constellation” truck family Investments 10,365 begins in Resende, Brazil. The seven- to forty-tonne trucks hold Profit 1,050 a 33 percent share of the market in Brazil. www.volkswagenag.com 69

2006 2006 March 3, 2006 Series production of the Vehicle Production Roomster, much acclaimed for VOLKSWAGEN GROUP its clever space concept, starts at (thousands) 5,660 the Skoda plant in Kvasiny.

March 10, 2006 Market launch of the Audi Q7, Vehicle Sales the third-generation luxury SUV; VOLKSWAGEN GROUP 52,750 vehicles had already Germany (thousands) 1,093 been sold by the end of the year. Abroad (thousands) 4,627 May 19, 2006 Total (thousands) 5,720 The Volkswagen Eos, the new convertible-coupé, is launched on the German market. Workforce (yearly average) VOLKSWAGEN GROUP October 3, 2006 Volkswagen acquires an initial Employees in foreign Group 15.06 percent stake in MAN companies (thousands) 155 Aktiengesellschaft. Total (thousands) 329

November 1, 2006 The collective bargaining agree Financial Data (million €) ment between Volkswagen AG and IG Metall providing for a VOLKSWAGEN GROUP working time corridor with a Sales 104,875 ceiling of 34 hours comes into Investments 11,911 force. At the same time, produc Profit 1,955 tion volumes are agreed for the six traditional plants in order to improve capacity utilization and safeguard jobs.

December 1, 2006 Volkswagen Financial Services takes over the processing of motor vehicle third-party liability claims with a view to improving repair quality by inte grating the Group’s authorized workshops and safeguarding customer-friendly claims processing. 70 HISTORICAL NOTES

2007 2007 January 1, 2007 Vehicle Production Dr. Martin Winterkorn becomes VOLKSWAGEN GROUP Chairman of the Board of (thousands) 6,213 Management of Volkswagen Aktiengesellschaft.

March 23, 2007 Vehicle Sales The 25 millionth Golf, a Golf VOLKSWAGEN GROUP Sportline 1.4 TSI, leaves the Germany (thousands) 1,030 assembly line at the Wolfsburg Abroad (thousands) 5,162 plant. Total (thousands) 6,192 July 9, 2007 The Autostadt in Wolfsburg de livers its one millionth vehicle. Workforce (yearly average) VOLKSWAGEN GROUP August 2007 Series production of the Tiguan Employees in foreign Group compact SUV – characterized companies (thousands) 154 by versatility, high-quality Total (thousands) 329 craftsmanship and technical innovations such as the electro- mechanical steering system – € Financial Data (million ) begins in Wolfsburg. VOLKSWAGEN GROUP Sales 108,897 October 5 - 7, 2007 International VW Bus Meeting Investments 13,497 in Hanover to celebrate Profit 4,122 “60 Years of the Bulli”.

November 9, 2007 The 15 millionth Passat to be built worldwide leaves the assembly line at the Emden plant.

December 5, 2007 Volkswagen unveils the “New Small Family”, presenting three versions of the up! concept car at the Bologna Motor Show. www.volkswagenag.com 71

2008 2008 March 3, 2008 Volkswagen increases its capital Vehicle Production interest in Scania to 37.73 VOLKSWAGEN GROUP percent and its share of the (thousands) 6,347 voting rights to 68.60 percent. The Swedish truck manufacturer founded in 1891 is integrated in Vehicle Sales the Group as the ninth brand. VOLKSWAGEN GROUP April 18, 2008 Germany (thousands) 1,013 Shanghai Volkswagen opens its Abroad (thousands) 5,259 fourth production plant with Total (thousands) 6,272 an annual capacity of 60,000 vehicles in Nanjing.

August 16, 2008 Workforce (yearly average) Bugatti presents the Veyron VOLKSWAGEN GROUP 16.4 Grand Sport, a super sports Employees in foreign Group roadster. companies (thousands) 179 September 2008 Total (thousands) 370 Volkswagen presents the sixth generation of the Golf. Financial Data (million €) October 30, 2008 By setting up a subsidiary VOLKSWAGEN GROUP in China, Lamborghini Sales 113,808 strengthens its commitment Investments 19,710 to developing strategic growth Profit 4,688 markets.

December 15, 2008 Volkswagen sells its heavy truck business in Brazil to MAN Aktiengesellschaft.

December 16, 2008 Škoda opens a new Technology Center in Mladá Boleslav, thus expanding its competence in passenger car development. 72 HISTORICAL NOTES

2009 2009

January 18, 2009 Vehicle Production Volkswagen writes motorsport VOLKSWAGEN GROUP history with the Race Touareg: (thousands) 6,055 a double victory for the brand and the first win by a diesel in the automobile category at the Vehicle Sales Dakar Rally across Argentina VOLKSWAGEN GROUP and Chile. Germany (thousands) 1,288 March 31, 2009 Abroad (thousands) 5,022 The new plant with an annual Total (thousands) 6,310 production capacity of up to 110,000 vehicles opens in the Indian city of Pune. Workforce (yearly average) VOLKSWAGEN GROUP May 11, 2009 Press presentation of the new Employees in foreign Group Polo: the new model is in a class companies (thousands) 194 of its own when it comes to Total (thousands) 367 quality, workmanship, safety and efficiency. So it is hardly surprising that the vehicle wins € Financial Data (million ) many awards, including “Car of VOLKSWAGEN GROUP the Year 2010”. Sales 105,187 Investments 10,428 May 23, 2009 VfL Wolfsburg soccer club Profit 911 becomes German champion for the very first time: the success of this particular brand ambassa dor delights fans both far and near.

September 15, 2009 Ultra-streamlined, ultra-light and ultra-safe: Volkswagen presents its automotive update on the future with the near- production prototype of the sensational 1-liter car, the L1, at the Frankfurt Motor Show. www.volkswagenag.com 73

October 20, 2009 At an inauguration ceremony attended by Russia’s Prime Minister Putin, the production plant in Kaluga, Russia, designed for an annual capacity of up to 150,000 units which began vehicle assembly in November 2007 starts full production with its own body shop, paint shop and assembly lines.

October 29, 2009 The Group Board of Manage ment, the International Metal workers’ Federation and Volkswagen employee represen tatives agree binding minimum standards regarding in-house participation rights for demo cratically elected labour repre sentatives in the “Charter on Labour Relations”.

December 7, 2009 Volkswagen Aktiengesellschaft takes a 49.9 percent participation in Dr.-Ing. h.c. F. Porsche AG, a milestone on the path towards an integrated automotive group.

December 9, 2009 A cross-shareholding and a long-term strategic partnership are agreed with Suzuki Motor Corporation, the Japanese mini-car manufacturer. 74 HISTORICAL NOTES

2010 2010

February 27, 2010 Vehicle Production Start of the “Think Blue.” image VOLKSWAGEN GROUP and marketing campaign, which (thousands) 7,358 is an expression of responsible corporate behavior to achieve efficient and sustainable Vehicle Sales mobility for everyone. VOLKSWAGEN GROUP March 2, 2010 Germany (thousands) 1,059 Volkswagen enters the pickup Abroad (thousands) 6,219 segment with the debut of the Total (thousands) 7,278 European version of the Amarok at the Geneva Motor Show. The American version unveiled in

Workforce (yearly average) Argentina a month earlier aims to score in the classic pickup VOLKSWAGEN GROUP regions with emission levels that Employees in foreign Group are lower than those of other companies (thousands) 210 pickups. Total (thousands) 389 April 14, 2010 The issue of 65 million preferred Financial Data (million €) bearer shares increases the VOLKSWAGEN GROUP share capital of Volkswagen Aktiengesellschaft by a nominal Sales 126,875 €166.2 million. The world’s Investments 9,278 largest capital increase in the Profit 7,226 automotive sector raised by a public offering generates net proceeds of approximately €4.1 billion. www.volkswagenag.com 75

May 3, 2010 August 9, 2010 The Golf blue-e-motion concept The Volkswagen Group acquires car, an all-electric version of the a 90.1 percent stake in Italdesign most successful Volkswagen Giugiaro S.p.A, Turin, Italy, model, is presented as part of having already made an the “National Platform for announcement on May 25, Electric Mobility” initiated by 2010, that the famous design German Chancellor Angela company is to be integrated in Merkel. the Group. Italdesign’s development center, whose order May 11, 2010 books are well filled, takes on Production of the 7-speed dual numerous tasks in connection clutch transmission (DSG) with the Volkswagen Group’s begins at Volkswagen Automatic ongoing model initiative. Transmission Co. in Dalian, China. In the first phase, the September 30, 2010 plant will produce 300,000 units The seventh generation of the per year and the capacity will be Passat makes its world premiere doubled in the medium term. in Paris. The sedan and the Some €6 billion is being invested station wagon highlight the in Chinese production plants quality and precision of the such as the new plants in Foshan, Volkswagen model series with southern China, and Yizhen, their pure lines, clearly eastern China, for the period up structured surfaces and dynamic to 2012. proportions coupled with top- class features. July 20, 2010 The new, generously redimen - December 21, 2010 sioned Jetta debuts at the inter- As part of its 2018 growth national driving presentation in strategy, Volkswagen signs an San Francisco as a sporty, avant- agreement with DRB Hicom in garde and yet fuel-efficient Kuala Lumpur concerning local sedan – German engineering at vehicle assembly with a view to its best. developing the Malaysian auto motive market. It is planned to build the Passat in Pekan from the end of 2011; in a second expansion phase, the Volks wagen Jetta and Passat are to be manufactured locally at a full scale production plant from the end of 2012. 76 THE MODEL RANGE OF THE VOLKSWAGEN GROUP