DOCSLIB.ORG

ANNUAL REPORT 2005 ANNUAL REPORT 2005 Chronik 2005 >>>

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
ANNUAL REPORT 2005 ANNUAL REPORT 2005 Chronik 2005 >>> V OLKSWAGEN AG ANNUAL REPORT 2005 ANNUAL REPORT 2005 REPORT ANNUAL chronik 2005 >>> key figures volkswagen group Volume Data 2005 2004 % Vehicle sales (units) 5,192,576 5,142,759 + 1.0 Production (units) 5,219,478 5,093,181 + 2.5 Employees at Dec. 31 344,902 342,502 + 0.7 Financial Data (IFRSs), € million 2005 20041) % Sales revenue 95,268 88,963 + 7.1 Operating profit before special items 3,143 2,037 + 54.3 Special items 351 395 – 11.1 Operating profit after special items 2,792 1,642 + 70.0 Profit before tax 1,722 1,088 + 58.2 Profit after tax 1,120 697 + 60.7 Cash flows from operating activities 10,810 11,457 – 5.6 Cash flows from investing activities 10,466 15,078 – 30.6 Automotive Division2) Cash flows from operating activities 8,112 8,881 – 8.7 Cash flows from investing activities 5,721 7,046 – 18.8 of which: investments in property, plant and equipment 4,316 5,425 – 20.4 as a percentage of sales revenue 5.0 6.8 capitalized development costs 1,432 1,501 – 4.6 as a percentage of sales revenue 1.7 1.9 Net cash flow 2,391 1,835 + 30.3 Net liquidity at Dec. 31 706 – 1,912 x Return ratios in % 2005 20041) Return on sales before tax 1.8 1.2 Return on investment after tax (Automotive Division) 2.6 1.3 Return on equity before tax (Financial Services Division) 18.9 20.0 1) Restated. 2) Including allocation of consolidation adjustments between the Automotive and Financial Services divisions. volkswagen ag Volume Data 2005 2004 % Vehicle sales (units) 2,151,991 1,993,068 + 8.0 Production (units) 956,108 934,969 + 2.3 Employees at Dec. 31 101,028 102,520 – 1.5 Financial Data (HGB), € million 2005 2004 % Sales 50,245 47,707 + 5.3 Net income 741 505 + 46.6 Volkswagen AG dividend proposal 450 of which: ordinary shares 322 preferred shares 128 This version of the Annual Report is a translation from the German original. The German text is authoritative. chronicle 2005 June 29, 2005 ▼ the first solar filling station in lower saxony begins operating in the volkswagen technology center In cooperation with Braunschweig-based solar energy and heat- ing specialists Solvis, April 2 – 10, 2005 a solar filling station ▼ commences operation February 21, 2005 on the grounds of the ▼ auto mobil Volkswagen Technology international Center in Isenbüttel 25 years of ami), leipzig ( near Gifhorn. audi quattro Volkswagen model The Audi Quattro is 25 initiative continues: two years young this year. Volkswagen models A quarter of a century premiere together at the ago, it was unveiled to AMI – the Fox and the the world in Geneva. new Polo. january february march april may june March 3, 2005 ▼ international motor show, geneva The 75th Geneva Motor January 5 – 16, 2005 Show sees the official May 7 – 15, 2005 ▼ public premiere of the ▼ sixth Passat generation. los angeles auto salón inter- show, los angeles nacional del automóvil, Volkswagen Passenger barcelona Cars kicks off the launch of its 2005 SEAT presents the new models by presenting Leon in Barcelona. the new Jetta. May 24, 2005 ▼ January 25, 2005 ▼ 100 million golf and touran volkswagens set for success across europe The 100 millionth car bearing a VW badge United Kingdom: Golf rolls off the assembly GTI wins the “What line in Wolfsburg. Car?” award. The Touran is voted “Best Compact Van” for the second time following 2004. Slovenia: the Golf outstrips the competition to win “Car of the Year 2005”. November 11, 2005 ▼ financial and investment planning lays September 13, 2005 foundation for ▼ improved earnings volkswagen The Board of Manage- financial services ment submits financial ag establishes rein- and investment plans to surance company the Supervisory Board; based on these plans, Volkswagen Financial the Company reiterates Services AG and Allianz October 22 – its previously communi- Versicherungs-AG sign November 6, 2005 ▼ cated pre-tax earnings an agreement with a target of €5.1 billion for view to further extend- tokyo motor the Volkswagen Group ing their longstanding show, tokyo in 2008. and successful collab- oration in the field of In Tokyo, Volkswagen August 26 – automobile insurance. presents the prototype December 9, 2005 September 4, 2005 of the EcoRacer, which ▼ ▼ may well go down in history as one of the publication of the caravan salon, most fuel-efficient 2005/2006 group düsseldorf sports cars of its time. sustainability report Volkswagen Commercial At a press conference, Vehicles presents the the Volkswagen Group world premiere of the presents its first sustain- new Multivan Beach ability report “Moving and California High Generations” to the Roof models. public. july august september october november december July 11, 2005 November 22, 2005 ▼ ▼ first place for volkswagen the new fox in dominates adac crash test „auto trophy 2005“ In the latest crash test September 15 – 25, 2005 The Volkswagen Group conducted by automobile ▼ sweeps the board at association ADAC, the the “Auto Trophy 2005”, Volkswagen Fox secures international with a total of 23 awards first place in its price motor show (iaa), for our Volkswagen segment, demonstrating frankfurt am main Passenger Car, Sˇkoda, convincingly that low- The new Volkswagen Bentley, Bugatti, Audi, cost entry-level vehicles Convertible Coupé Eos SEAT and Lamborghini can also have excellent and the Audi Q7 SUV brands, and our safety features. see their world premiere Commercial Vehicles in Frankfurt. SEAT business line. unveils the prototype July 19, 2005 ▼ of the Altea FR. exports of the new jetta begin September 25, 2005 ▼ The first Volkswagen Jettas destined for the volkswagen welcomes porsche’s European market leave November 25 – intention to acquire the Volkswagen plant December 4, 2005 in Puebla, Mexico. This strategic interest ▼ new model will be sold Porsche AG announces essen motor in over 25 countries that it is seeking to show, essen across Europe. acquire around 20% of the voting capital of Two Group models are Volkswagen AG. A stable unveiled to the world shareholder structure at the Essen Motor is very important for the Show: the CrossPolo – long-term nature of a versatile, offroad-style the automotive business. vehicle – and the Audi S4 Cabriolet. >>> FOR US, DEVELOPING INNOVATIONS MEANS ASKING WHAT MOVES PEOPLE >>> FOR OUR CUSTOMERS, EXPERIENCING INNOVATION MEANS THAT ALL THEIR NEEDS ARE MET DISCOVER MORE ABOUT THE INNOVATIONS OF THE VOLKSWAGEN GROUP >> The Grand Challenge race Course of the race 0 km on October 8, 2005 >> Start Preparing for the start o 1 hr INNOVATIVE TECHNOLOGY FOR AUTOMATED DRIVING >> Driving on autopilot – a vision becomes reality ACC – the automatic distance control function with radar sensor in the new Passat Although it was dismissed as impossible since the invention of the motor car, automated However, this agreeable form of transport eventually gave can drive itself in certain situations. After all, which of us driving will soon be a reality. To a great extent, this builds on the experiences of earlier way to the march of progress. As motor cars gradually has never been stuck in bumper-to-bumper traffic, nerves generations: before the advent of motorized vehicles, people depended on carts pulled replaced their four-legged forerunners on the roads, drivers torn to shreds by constant stopping and starting? However, by horses or oxen, which would ideally offer them an “automated” form of transport. were once again required to “take the reins”. Nonetheless, automated driving also has its charms in less restricted Particularly when the cart was homeward bound, the animals knew which way to go and the benefits of motorized transport are beyond dispute: the driving situations. Just imagine you are on a deserted road the driver could sit back and take more of a supervisory role. ever-improving comfort levels, the greater speed of travel in the middle of the night with the sole aim of getting from and the superior payload flexibility have made people A to B as quickly as possible. Would it not be wonderful mobile in a way that would have been utterly unthinkable to be able to lean back, leave all the functions to the vehicle with horses and oxen. and use the time more productively – or more enjoyably? Nonetheless, automotive development is currently Volkswagen is now a giant step closer to transforming experiencing something of a return to its roots: the key this dream into reality. Having joined forces with Stanford pursuits of driving pleasure, safety and environmental University in California, working in a team coordinated by protection have now been joined by a new goal – a car that the Volkswagen AG Electronic Research Laboratory in the >> The Grand Challenge race Course of the race 0 km on October 8, 2005 >> Start Preparing for the start o 1 hr INNOVATIVE TECHNOLOGY FOR AUTOMATED DRIVING >> Driving on autopilot – a vision becomes reality ACC – the automatic distance control function with radar sensor in the new Passat Although it was dismissed as impossible since the invention of the motor car, automated However, this agreeable form of transport eventually gave can drive itself in certain situations. After all, which of us driving will soon be a reality. To a great extent, this builds on the experiences of earlier way to the march of progress. As motor cars gradually has never been stuck in bumper-to-bumper traffic, nerves generations: before the advent of motorized vehicles, people depended on carts pulled replaced their four-legged forerunners on the roads, drivers torn to shreds by constant stopping and starting? However, by horses or oxen, which would ideally offer them an “automated” form of transport. were once again required to “take the reins”.
Load more

Recommended publications
  • The Politics of Privatization and Restructuring in Germany
    4^ ^ >v •> Dii.'^.^/ HD28 .M414 The Politics of Privatization and Restructuring in Germany Lufthansa and Deutsche Teleliom J. Nicholas Ziegler Revised October 1997 WP# 3880 Sloan School of Management Massachusetts Institute of Technology MIT, E52-581 Cambridge, MA 02142-1347 tel. 617-253-3698 fax 617-253-2660 [email protected] The privatization of public service companies offers an excellent case for assessing pressures for institutional convergence versus the staying power of distinctive national economic institutions in the advanced industrial countries. This paper examines the privatization of Lufthansa and Deutsche Telekom in order to see whether changes in enterprise ownership reflect a process of convergence in the rules of coiporate governance. While the outward form of privatization in Germany looks quite similar to privatization in Britain and the United States, these two cases show little evidence that the change in ownership is driving any formal changes in corporate governance. If anything, German financial institutions and trade unions continue to exercise distinctive roles that rest on their historical positions in the German economy. FEB 081998 LIBPARtCS Politics and Privatization in Germany Lufthansa and Deutsche Telekom J. Nicholas Ziegler Introduction Recent changes in the world economy have prompted scholars and practitioners to ask whether all countries are converging on a single most efficient set of institutions for economic management. Some observers argue that the three processes driving worldwide competition — globalization,
    [Show full text]
  • RWE Supervisory Board Decides on Successions for the Executive Board of RWE AG
    Press release RWE Supervisory Board decides on successions for the Executive Board of RWE AG • Dr. Markus Krebber to become Chief Executive Officer (CEO) of RWE AG as of 1 July 2021 • Dr. Michael Müller to take over as new Chief Financial Officer (CFO) of the company at the same point in time • Zvezdana Seeger appointed Chief Human Resources Officer (CHR) and Labour Director of RWE AG effective 1 November 2020 Essen, 18 September 2020 Dr. Werner Brandt, Chairman of the Supervisory Board of RWE AG: “Today, the Supervisory Board decided on the succession of positions within the Executive Board of RWE AG. This will ensure that RWE's strategic orientation, which Rolf Martin Schmitz and Markus Krebber have advanced consistently since 2016, will continue to be pursued with the utmost resolve: to position RWE as a global leader in renewable energy with the declared goal of being carbon neutral by 2040.” At the end of July this year, the Supervisory Board of RWE AG had already appointed Dr. Markus Krebber (47) CEO of RWE AG effective 1 July 2021 for a term of five years. He succeeds Dr. Rolf Martin Schmitz, whose contract expires on this date, as scheduled. At its meeting today, the Supervisory Board took further important personnel decisions in order to ensure a seamless transition of responsibilities. With Krebber taking up the CEO position, Dr. Michael Müller (49) will succeed as the Group's Chief Financial Officer (CFO) as of 1 July next year. The Supervisory Board appointed Müller to the Executive Board of RWE AG effective already 1 November 2020.
    [Show full text]
  • Maintaining Rural Retail Networks: Best Practices Abroad and Their Implications for the US Postal Service. Report Number RISC
    Cover Office of Inspector General | United States Postal Service RISC Report Maintaining Rural Retail Networks: Best Practices Abroad and their Implications for the U.S. Postal Service Report Number RISC-WP-20-003 | March 25, 2020 Table of Contents Cover Executive Summary ...................................................................................................................................... 1 Observations .................................................................................................................................................... 3 Introduction .................................................................................................................................................. 3 Background: Rural Trends that Affect Postal Providers ........................................................... 3 Government Policies Shape the Size and Mission of Rural Postal Networks .................. 4 Government Subsidies for Postal Retail Services ........................................................................ 6 Strategies to Reduce the Cost of Rural Retail Networks ......................................................... 8 Strategies to Produce More Revenue from Rural Outlets ....................................................... 13 Conclusion .................................................................................................................................................... 16 Appendices .....................................................................................................................................................
    [Show full text]
  • Nicole Mommsen Succeeds Peik V. Bestenbostel
    Media information NO. 291/2020 Change at the helm of Group Communications: Nicole Mommsen succeeds Peik v. Bestenbostel Wolfsburg, December 3, 2020 – Nicole Mommsen is to be the new Head of Global Group Communications at Volkswagen. In her future function, she will be responsible for the en- tire communications of Volkswagen Aktiengesellschaft and will report to CEO Herbert Diess. Nicole Mommsen succeeds Peik v. Bestenbostel, who will hand over this function with effect from January 1, 2021 and leave the company as part of a planned retirement ar- rangement. Nicole Mommsen joined Volkswagen from Goldman Sachs this August and has since headed Corporate Communications. “In Peik v. Bestenbostel, I had a competent and loyal advisor at my side over the past four years. He steered Corporate Communications safely through the era of the diesel crisis, transformation and coronavirus,” said Herbert Diess. “I would like to thank Peik v. Bestenbostel, also on behalf of the entire Board of Management, for his untiring efforts over his 12-year career with Volkswagen and he has my best wishes Nicole Mommsen for the future.” With respect to Peik v. Bestenbostel ‘s successor, Diess said: “Nicole Mommsen has rapidly familiarized herself with the Group, with its complex structures and stakeholders and repositioned Corporate Communications to focus on central strategic topics of transformation such as digitalization and decarbonization. With her international background, her capital market experience and her blend of journalism, corporate and consultancy experience, she is the ideal person to be Head of Group Communications.” Before joining Volkswagen, Nicole Mommsen was responsible for the communications of Goldman Sachs in the German-speaking region for four years.
    [Show full text]
  • Separate Financial Statements Fiscal Year 2019
    201Separate financial9 statements PPorscheorsche TaycanTaycan TurboTurbo S 3 Content Group management report and management report of Porsche Automobil Holding SE 6 Fundamental information about the group 10 Report on economic position 12 Significant events and developments at the Porsche SE Group 12 Significant events and developments at the Volkswagen Group 20 Business development 24 Results of operations, financial position and net assets 31 Porsche Automobil Holding SE (financial statements pursuant to the German Commercial Code) 37 Sustainable value enhancement in the Porsche SE Group 41 Overall statement on the economic situation of Porsche SE and the Porsche SE Group 43 Remuneration report 44 Opportunities and risks of future development 52 Publication of the declaration of compliance and corporate governance report 78 Subsequent events 79 Forecast report and outlook 80 Glossary 85 4 Financials 86 Balance sheet of Porsche Automobil Holding SE 90 Income statement of Porsche Automobil Holding SE 91 Notes to the consolidated fi nancial statements 92 Independent auditor’s report 212 Responsibility statement 220 5 VVolkswagenolkswagen IID.3D.3 6 1 Group management report and management report of Porsche Automobil Holding SE 7 8 Group management report and management report of Porsche Automobil Holding SE 6 Fundamental information about the group 10 Report on economic position 12 Significant events and developments at the Porsche SE Group 12 Significant events and developments at the Volkswagen Group 20 Business development 24 Results
    [Show full text]
  • Neuer Wilder
    Unternehmen Neuer Wilder olfgang Bernhard (44) mag keine VW Der Marken-Chef Wolfgang Versteckspieler. Sie sind ihm zu- Wwider, die Planer und Entwick- Bernhard räumt auf: schnell, ler, die sich davonstehlen, wenn es an die wirkliche Arbeit geht. Die nur telefonieren, effizient, gnadenlos. Ein Kulturschock in Meetings sitzen und sich gegenseitig wichtige Folien zeigen. Er hat sie bei Mer- erschüttert Wolfsburg. cedes getroffen und bei Chrysler; er schimpft sie bevorzugt „Ver-Tschüsser“. Jetzt bekämpft er sie bei VW. Gleich bei einem der ersten Treffen An- fang Mai überraschte der Chef der Marken- gruppe VW seine Wolfsburger Produktions- und Entwicklungsexperten mit einer schockierenden Order: Alle für ein paar Tage ans Band! Alle raus ins Werk! Die Fer- tigung beschleunigen! Die Qualität verbes- sern! „Geh zur Quelle“, heißt das bei Toyota. Dort ist es Normalität. Bei VW verpuffen solche Vorstöße in der Regel. Bernhard aber meinte es ernst. Schon gegen sieben Uhr am nächsten Mor- gen kam Post vom Chef. Der Inhalt der E-Mails: ein detaillierter Plan für die dreitägigen Vor-Ort-Einsätze. Um di- rekt das nächste Zeichen zu setzen, missachtete Bernhard die Hierar- chiestufen. Er überging die mächtigen Bereichsleiter und verschickte die Botschaften 34 managermagazin 7/2005 FOTOS: JOCHEN LUEBKE/DDP/LLADO/PLAINPICTURE,/ PR/[M] MM-MONTAGE Unterrnehmen VW Zusammenhänge und Technik Mann der Extreme gleichermaßen detailliert beherrsche, Lauwarm sind nur die anderen: Wolfgang Bernhards Welt erinnert sich ein DaimlerChrysler-Mann. „Fast autistisch hat der unsere DE R PR IVATMAN N: Wolfgang Bernhard der Leitung des Mercedes-Vorstands Bedenken ignoriert“, schimpft ein (44) hat früher in den Ferien Straßen- Manfred Remmel, heute Chef des Auto- Betriebsrat.
    [Show full text]
  • A Trip Through Autoland Saxony How Felix Discovered That the Future of the Automobile Starts Right Here at His Very Doorstep
    AUTO! A Trip Through Autoland Saxony How Felix discovered that the future of the automobile starts right here at his very doorstep. Hey Oldster, ... FeFelix wwhhispers as a greeting. Then hhee cacasttss a critical ggllancece what’s up? inside tthhe DKW F1, built almost 90 years aaggo iinn Zwickauu,, Saxony. Evveery couple ofof wweeeks, Felix is draawwn from tthhe WWeesst Saxxoon UnUniveversity of AAppplied Sciencesces Zwickau to tthhe August Horch Museum – and hhee always lingers for tthhe lloongest time witthh “his” DKW oldtimer. Some of FeFelix’ fellow sttuudents ccllaim he’s having conversations wwiitthh tthehe vinttaage ccaar; so far, FeFelix hhaassnn’t deniieded iitt ... YESTERDAY IN “AUTOLAND SAXONY:” 1900 AUDI is born “Coswiga” – the first passenger car from Saxony, built in Coswig in . in Saxony – in 1910 founded by the auto pioneer August Horch (under the Latin version of ces in the 1932 his last name) in Zwickau. In , Horch, Audi, DKW, and Wanderer joined for Steering wheel on Chemnitz-based “Auto-Union.” It’s trademark – the four interlocked rings. – what most car drivers take for granted today began its the left, gearshift lever in the center 1921 mass-produced front-wheel- global success story in Saxony (Audi Factory) in . The 1931 Lightweight drive was launched for the first time ever in in the DKW F1 from Saxony. 1955 s- construction with thermosetting plastics – In , Germany’s first vehicle with a mas renaissance of produced plastic body was the Sachsenring P70 (later known as “Trabant”). The 1990 “Autoland Saxony” was launched by VW in – with the founding of the VW Sachsen .
    [Show full text]
  • Volkswagen AG Annual Report 2009
    Driving ideas. !..5!,2%0/24 Key Figures MFCBJN8><E>IFLG )''0 )''/ Mfcld\;XkX( M\_`Zc\jXc\jle`kj -#*'0#.+* -#).(#.)+ "'%- Gif[lZk`fele`kj -#',+#/)0 -#*+-#,(, Æ+%- <dgcfp\\jXk;\Z%*( *-/#,'' *-0#0)/ Æ'%+ )''0 )''/ =`eXeZ`Xc;XkX@=IJj #d`cc`fe JXc\ji\m\el\ (',#(/. ((*#/'/ Æ.%- Fg\iXk`e^gif]`k (#/,, -#*** Æ.'%. Gif]`kY\]fi\kXo (#)-( -#-'/ Æ/'%0 Gif]`kX]k\ikXo 0(( +#-// Æ/'%- Gif]`kXkki`YlkXYc\kfj_Xi\_fc[\ijf]MfcbjnX^\e8> 0-' +#.,* Æ.0%/ :Xj_]cfnj]ifdfg\iXk`e^XZk`m`k`\j)()#.+( )#.') o :Xj_]cfnj]ifd`em\jk`e^XZk`m`k`\j)('#+)/ ((#-(* Æ('%) 8lkfdfk`m\;`m`j`fe* <9@K;8+ /#'', ()#('/ Æ**%0 :Xj_]cfnj]ifdfg\iXk`e^XZk`m`k`\j) ()#/(, /#/'' "+,%- :Xj_]cfnj]ifd`em\jk`e^XZk`m`k`\j)#,('#),) ((#+.0 Æ('%. f]n_`Z_1`em\jkd\ekj`egifg\ikp#gcXekXe[\hl`gd\ek),#./* -#..* Æ(+%- XjXg\iZ\ekX^\f]jXc\ji\m\el\ -%) -%- ZXg`kXc`q\[[\m\cfgd\ekZfjkj (#0+/ )#)(- Æ()%( XjXg\iZ\ekX^\f]jXc\ji\m\el\ )%( )%) E\kZXj_]cfn )#,-* Æ)#-.0 o E\kc`hl`[`kpXk;\Z%*( ('#-*- /#'*0 "*)%* )''0 )''/ I\klieiXk`fj`e I\kliefejXc\jY\]fi\kXo (%) ,%/ I\kliefe`em\jkd\ekX]k\ikXo8lkfdfk`m\;`m`j`fe *%/ ('%0 I\kliefe\hl`kpY\]fi\kXo=`eXeZ`XcJ\im`Z\j;`m`j`fe -.%0 ()%( ( @eZcl[`e^mfcld\[XkX]fik_\m\_`Zc\$gif[lZk`fe`em\jkd\ekjJ_Xe^_X`$MfcbjnX^\e8lkfdfk`m\:fdgXepCk[% Xe[=8N$MfcbjnX^\e8lkfdfk`m\:fdgXepCk[%#n_`Z_Xi\XZZflek\[]filj`e^k_\\hl`kpd\k_f[% ) )''/X[aljk\[% * @eZcl[`e^XccfZXk`fef]Zfejfc`[Xk`feX[aljkd\ekjY\kn\\ek_\8lkfdfk`m\Xe[=`eXeZ`XcJ\im`Z\j[`m`j`fej% + Fg\iXk`e^gif]`kgclje\k[\gi\Z`Xk`fe&Xdfik`qXk`feXe[`dgX`id\ekcfjj\j&i\m\ijXcjf]`dgX`id\ekcfjj\jfegifg\ikp#gcXekXe[\hl`gd\ek# ZXg`kXc`q\[[\m\cfgd\ekZfjkj#c\Xj`e^Xe[i\ekXcXjj\kj#^ff[n`ccXe[]`eXeZ`XcXjj\kjXji\gfik\[`ek_\ZXj_]cfnjkXk\d\ek% , <oZcl[`e^XZhl`j`k`feXe[[`jgfjXcf]\hl`kp`em\jkd\ekj1Ñ.#,/,d`cc`feÑ/#/.0d`cc`fe % - Gif]`kY\]fi\kXoXjXg\iZ\ekX^\f]Xm\iX^\\hl`kp% .
    [Show full text]
  • Download PDF, 19 Pages, 505.25 KB
    VOLKSWAGEN AKTIENGESELLSCHAFT Shareholdings of Volkswagen AG and the Volkswagen Group in accordance with sections 285 and 313 of the HGB and presentation of the companies included in Volkswagen's consolidated financial statements in accordance with IFRS 12 as of 31.12.2019 Exchange rate VW AG 's interest Equity Profit/loss (1€ =) in capital in % in thousands, in thousands, Name and domicile of company Currency Dec. 31, 2019 Direct Indirect Total local currency local currency Footnote Year I. PARENT COMPANY VOLKSWAGEN AG, Wolfsburg II. SUBSIDIARIES A. Consolidated companies 1. Germany ASB Autohaus Berlin GmbH, Berlin EUR - 100.00 100.00 16,272 1,415 2018 AUDI AG, Ingolstadt EUR 99.64 - 99.64 13,701,699 - 1) 2019 Audi Berlin GmbH, Berlin EUR - 100.00 100.00 9,971 - 1) 2018 Audi Electronics Venture GmbH, Gaimersheim EUR - 100.00 100.00 60,968 - 1) 2019 Audi Frankfurt GmbH, Frankfurt am Main EUR - 100.00 100.00 8,477 - 1) 2018 Audi Hamburg GmbH, Hamburg EUR - 100.00 100.00 13,425 - 1) 2018 Audi Hannover GmbH, Hanover EUR - 100.00 100.00 16,621 - 1) 2018 AUDI Immobilien GmbH & Co. KG, Ingolstadt EUR - 100.00 100.00 82,470 3,399 2019 AUDI Immobilien Verwaltung GmbH, Ingolstadt EUR - 100.00 100.00 114,355 1,553 2019 Audi Leipzig GmbH, Leipzig EUR - 100.00 100.00 9,525 - 1) 2018 Audi München GmbH, Munich EUR - 100.00 100.00 270 - 1) 2018 Audi Real Estate GmbH, Ingolstadt EUR - 100.00 100.00 9,859 4,073 2019 Audi Sport GmbH, Neckarsulm EUR - 100.00 100.00 100 - 1) 2019 Audi Stuttgart GmbH, Stuttgart EUR - 100.00 100.00 6,677 - 1) 2018 Auto & Service PIA GmbH, Munich EUR - 100.00 100.00 19,895 - 1) 2018 Autonomous Intelligent Driving GmbH, Munich EUR - 100.00 100.00 250 - 1) 2018 Autostadt GmbH, Wolfsburg EUR 100.00 - 100.00 50 - 1) 2018 B.
    [Show full text]
  • Automotion 3-2019
    auto motion IAV-Kundenmagazin | 03/2019 Next Level Automatisiertes Fahren bei IAV Bis zum selbstfahrenden automotion | Editorial 3 Fahrzeug sind es fünf Level. Wir erklären, was sie bedeuten. Liebe Leserin, lieber Leser, in Hamburg gilt seit einiger Zeit: The HEAT is on! Dahinter steckt die das System in einen Comfort Layer und einen Active Safety allerdings keine ungewöhnliche Hitzewelle in der Hansestadt – Layer aufteilt. Mehr dazu erfahren Sie in unserem Bericht auf stattdessen macht in der dortigen HafenCity ein autonomer, Seite 12. elektrisch angetriebener Shuttle von sich reden. Der Klimaschutz ist derzeit eines der beherrschenden Themen der SublineHEAT (Hamburg Electric Autonomous Transportation) wurde von politischen Debatte. Sicher ist: Auch der Mobilitätssektor muss IAV in Kooperation mit Partnern wie der Hamburger Hochbahn AG, einen Beitrag zur Verringerung der CO2-Emissionen leisten. Wie der Hamburger Behörde für Wirtschaft, Verkehr und Innovation genau das am besten zu erreichen ist, sollte aber offen und je nach (BWVI), der Siemens Mobility GmbH, dem IKEM – Institut für Anwendungsfall diskutiert werden. Neben batterieelektrischen Klimaschutz, Energie und Mobilität sowie dem Deutschen Zentrum Antrieben ist beispielsweise auch der Einsatz von Wasserstoff für Luft- und Raumfahrt (DLR) entwickelt. Das Projekt will beweisen, und von synthetischen Kraftstoffen eine interessante Option. dass selbstständig fahrende Kleinbusse vollständig in den Über diese Fragen sprechen Dr. Joachim Damasky vom VDA und Straßenverkehr und den ÖPNV einer Metropole integriert werden IAV-Geschäftsführer Matthias Kratzsch im automotion-Interview können. Eine dreiwöchige Testphase im August verlief sehr erfolg- ab Seite 24. reich, und im Februar 2020 folgt bereits der nächste Schritt: Dann wird HEAT mit maximal 25 Kilometern pro Stunde autonom Weitere Themen in dieser Ausgabe: Schadensanalysen von me- durch die HafenCity fahren.
    [Show full text]
  • October 2019
    1 OCTOBER 2019 Stealth Missile ISSUE 67/2019 2 Quarterly Newsletter of the Porsche Club of Tasmania A CAMS Affiliated Club Honorary Life Member – Klaus Bischof (2010) Life Member - Leon Joubert (2013) Club Honours - John Pooley (2016) Rob Sheers (2016) CONTENTS Committee…………………………………………… ...............................................3 Editorial………………………………………………. ...............................................4 The Inside Line……….………………………………….............................................5 President’s Report 2019 AGM……………………………...…………………………..6 New Members……………………………………….………………………...…….…...7 Events Calendar.........................………..................................................................8 PCT Club Awards Points 2019………………..………………………...………………9 Club Awards Points Scoring……. ........................................................................10 Karl Ferdinand Piech……………………………………..........................................11 Southern EMR 14 July…..….................................................................................16 Northern EMR 21 July...........................................................................................18 PCT Driver Training Day 28 July ..........................................................................19 N/NW AGM Run 25 August…………….........……………...................................…21 N/NW Run 15 September …..….…..................................................……………….22 Southern EMR To Geeveston 15 September.........................................................24 Porsche Technical:
    [Show full text]
  • Porsche Automobil Holding SE Company Accounts 2008/2009
    Porsche Automobil Holding SE company accounts 2008/09 4 Group management report and management report of Porsche Automobil Holding SE 80 Balance Sheet 81 Income statement 82 Notes 102 Audit Opinion 103 Company Boards 105 Membership in other statutory supervisory boards and comparable domestic and foreign control bodies Group management report and management report of Porsche Automobil Holding SE Recent developments Michael Macht and Thomas Edig's appointment to the helm of Porsche AG marks the beginning of a new era for the Stuttgart-based automobile manufacturer. Michael Macht, who for many years served as head of pro- duction and logistics, has been made a member of the executive board of Porsche SE, and CEO of Porsche AG. Thomas Edig has been made board member at Porsche SE and Mr. Macht’s deputy at Porsche AG, where he is also responsible for HR and social issues and functions as labor director. Macht’s successor as head of production is Wolfgang Leimgruber, who was previously responsible for the body shell and paint shops. At Porsche SE, Michael Macht is responsible for technology and products, while Tho- mas Edig heads the commercial and administrative side. On 23 July 2009, the supervisory board of Porsche Automobil Holding SE (“Porsche SE”) reached an agreement on the departure of the long-term executive board members Dr. Wendelin Wiedeking and Holger P. Härter. Both men also resigned from their posts on the supervisory boards of Volkswagen AG and AUDI AG. Prof. Dr. Martin Winterkorn will be made the new CEO of Porsche SE fol- lowing the approval of the supervisory boards of Porsche SE and Volks- wagen AG.
    [Show full text]