DOCSLIB.ORG

D'ieteren Auto Reacted

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
D'ieteren Auto Reacted DARING TO ADAPT Investor Day - 8 December 2015 Morning session GOALS OF THE INVESTOR DAY • Present the activities • Provide insight into Belron and D’Ieteren Auto’s business model, recent financial and commercial performance • Provide a detailed update on the medium-term financial and strategic targets Investor Day 2015 2 PROGRAMME Timing Topic Speaker 10:00 - 10:30 Group overview Axel Miller 10:30 - 12:00 D’Ieteren Auto Denis Gorteman 12:00 - 12:30 Q&A – D’Ieteren Auto 12:30 – 13:30 Lunch break 13:30 – 15:00 Belron Gary Lubner 15:00 – 15:30 Q&A – Belron 15:30 – 15:45 Short break 15:45 – 16:15 Financials Arnaud Laviolette 16:15 – 16:45 Wrap-up & next steps Axel Miller 16:45 – 17:15 Q&A – Group Investor Day 2015 3 SPEAKERS Axel MILLER Denis GORTEMAN Group CEO CEO of D’Ieteren Auto Arnaud LAVIOLETTE Gary LUBNER Group CFO CEO of Belron Investor Day 2015 4 GROUP OVERVIEW Axel MILLER Group CEO A HISTORY OF MORE THAN 2 CENTURIES Jean-Joseph D'Ieteren, Launch of short-term car Internationalisation through the a wheelwright and Entry into the car rental service; becoming two acquisition of a majority stake wheel manufacturer assembly business years later an Avis licensee in Avis Europe Signature of import Sale of Avis Europe to contract with the the Avis Budget Group Listing on the Volkswagen group stock market 1805 1897 1929 1931 1935 1948 1954 1956 1976 1989 1999 2011 Exit of the car assembly business Acquisition of Belron, One of the first companies Import of US brands Inauguration of the world leader in vehicle involved in the production Studebaker, Pierce- assembly factory in glass repair & of automobile bodywork Arrow and Auburn Brussels (Forest) replacement Investor Day 2015 6 WHY WE EXITED THE SHORT-TERM CAR RENTAL BUSINESS • Good run until the early 2000’s. Four major challenges from that point on: Internet competition: substantial increase of small, local players, creating price pressure 9/11: severe impact on air travel sector, thus also on peripheral economy (of which car rental companies) Car resale value: overcapacity in automobile industry drove prices down Capital-intensive nature: aggravated by financial crisis from 2007 on (higher interest rates made Avis Europe’s refinancing tougher, thus demanding D’Ieteren’s participation to 2 rights issues) Investor Day 2015 7 AN INTERNATIONAL GROUP D’Ieteren Auto D’Ieteren Auto + Avis Europe TODAY: D’Ieteren Auto + Belron Investor Day 2015 8 TODAY: LEADER IN BOTH OUR ACTIVITIES D’Ieteren Auto Belron Vehicle distribution in Belgium Vehicle Glass Repair & Replacement worldwide • #1 car distributor in Belgium • World #1 Vehicle Glass Repair & Replacement specialist • ~170 independent dealers • 34 countries • 22 corporately-owned car centres • 2,440 branches • Vehicle financing and long-term car rental through • 9,400 mobile units Volkswagen D’Ieteren Finance Investor Day 2015 9 CONTRIBUTION TO THE GROUP’S KEY METRICS (2014) Revenues: Current result before EUR 5.5 billion tax, group’s share: EUR 157.2 million 33% 48% 52% 67% Current operating result: Average EUR 198.6 million workforce: 6% 28,360 FTE 27% 73% Belron D’Ieteren Auto 94% Investor Day 2015 10 BOARD OF DIRECTORS Chairman Deputy Chairmen CEO Roland D’IETEREN Nicolas D’IETEREN Olivier PÉRIER Axel MILLER Joined the Board in 1968 Joined the Board in 2005 Joined the Board in 2005 Joined the Board in 2010 Non-Executive Directors Pierre-Olivier BECKERS* Michel ALLÉ* (permanent representative of Christine BLONDEL (permanent representative of Pascal MINNE Pierre-Olivier Beckers SPRL) Gema SPRL) *Joined the Board in 2014 Joined the Board in 2009 *Joined the Board in 2014 Joined the Board in 2001 Denis PETTIAUX* Frédéric DE VUYST* (permanent representative of (permanent representative of Michèle SIOEN S.A. de Participation et Nayarit Participations S.C.A.) de Gestion (SPDG)) *Joined the Board in 2001 *Joined the Board in 2001 Joined the Board in 2011 Appointed on the proposal Independent Director of family shareholders Investor Day 2015 11 FAMILY-CONTROLLED SINCE 1805 • 7 generations of family shareholders (see opposite) FAMILY CEO’S: • Listed since 1929 Jean-Joseph D’Ieteren (1805-1831) • In 2005, decision to hand over the executive Alexandre & Adolphe management to an external CEO D’Ieteren (1831-1857) Jean-Pierre BIZET (2005-2013) Alexandre D’Ieteren (1857-1878) Axel MILLER (2013-…) Alfred & Emile D’Ieteren • Today: (1878-1922) Lucien D’Ieteren Company’s capital still controlled by the D’Ieteren- (1919-1966) Périer family (57.10%)* Pierre D’Ieteren 7th generation: Deputy Chairmen of D’Ieteren (1961-1975) Group & Directors of the Board of Belron Roland D’Ieteren (1975-2005) Remain close to the activities while respecting the management’s and the Board’s role and autonomy * In voting rights at end-2014: 60.66% Investor Day 2015 12 OUR ADDED VALUE • No defined investment term: we invest for the long haul with a view to developing our leadership in our activities (we are not a private equity company) • The group offers support and challenge to the businesses: Management appointment Alignment of management incentive programmes with group’s targets and shareholders’ interests Strategy definition and (re-)investment for profitable growth Ad-hoc support on specific matters ‘Sparring partner’ for management through budgeting / reporting processes Financial, tax and legal support During recent years, the group’s strategy has evolved towards increased implication in our businesses Investor Day 2015 13 VEHICLE DISTRIBUTION Investor Day - 8 December 2015 D’IETEREN AUTO, THE NATURAL CHOICE FOR MOTORISTS ALL THE PRODUCTS ALL THE SERVICES FOR EVERY STAGE OF LIFE Investor Day 2015 15 OUR BUSINESS Denis GORTEMAN CEO of D’Ieteren Auto WHAT WE DO 1 WHOLESALE (IMPORT) SPARE PARTS & D’IETEREN NEW VEHICLES SERVICES SPORT 2 RETAIL 3 FINANCING Volkswagen D’Ieteren Finance (joint venture with Volkswagen Financial Services) Investor Day 2015 17 WHAT WE DO – WHOLESALE OF VW & YAMAHA GROUP BRANDS 1 SPARE PARTS & NEW VEHICLES D’IETEREN SPORT SERVICES • Import, logistics, • Import, logistics • Import and marketing and and distribution of distribution of distribution of new spare parts and Yamaha and MBK vehicles of 9 accessories products in vehicle brands Belgium & • Management of Luxembourg • Management of maintenance & 166 independent warranty contracts dealers • Technical support to dealers Investor Day 2015 18 WHAT WE DO – WHOLESALE 1 NEW VEHICLES Optimising sales (defining quotas) Delivering Distribution network to the dealers (166 in 2014) Following up importer and factory strategies Above the line Marketing & Below the line Vehicle communication sale / purchase Press relations Defining an import Service development programme VW GROUP FACTORIES After-sales strategy Quality development Negotiating prices Dealer support Negotiating volume & mix targets Applying policies Brand/fleet policies to maximise sales Managing inventory Investor Day 2015 19 WHAT WE DO – WHOLESALE 1 SERVICE MANAGEMENT & MAINTENANCE Import, logistics and distribution of spare parts and accessories 44,000 m² ±300 drop 100,000 storage points references surface 96% 2 or 3 55 trucks service deliveries/ daily level day Kortenberg warehouse Management of maintenance / warranty contracts Technical support to dealers Investor Day 2015 20 WHAT WE DO – WHOLESALE 1 D’IETEREN SPORT ON-ROAD MOTORBIKES OFF-ROAD MOTORBIKE SCOOTERS ALL TERRRAIN VEHICLES WAVERUNNERS OUTBOARD ENGINES CAPELLI ZODIAC BOMBARD Investor Day 2015 21 WHAT WE DO – RETAIL 2 14% of total deliveries* Sale of new vehicles & Zoom on after-sales through: Brussels 16% of total after-sales* • 9 D’Ieteren Car Centers in the Brussels region • 6 recently acquired Belgium dealerships on the Brussels-Antwerp axis* • 6 Porsche Centers Sale of used vehicles through 9 My Way centres * D’Ieteren Auto decided to acquire these formerly independent dealerships in 2013 and 2014 because of their location in a strategic region for the fleet market. * At 2014 year-end Investor Day 2015 22 WHAT WE DO – FINANCING 3 VOLKSWAGEN D’IETEREN FINANCE… Joint venture between D’Ieteren Financing products …SELLS and Volkswagen Retail finance Operating lease Financial lease Financial Services ~58,000 contracts ~22,000 contracts ~7,000 contracts since February 2012 After-sales loyalty products (Wecare) & insurances (Actel) Board of Directors Additional services equally made up of (vehicle servicing/repairs, tyres, fuel cards,…) representatives of D’Ieteren and VW Financial Services …FINANCES Dealer inventories Financing provided by VW Financial Services …GENERATES Positive impact on import and dealer activities Customer loyalty (repurchase & after-sales) Investor Day 2015 23 MARKET ENVIRONMENT & BUSINESS DRIVERS Denis GORTEMAN CEO of D’Ieteren Auto WE OPERATE ON 5 MARKETS 1 2 3 4 5 VEHICLE TWO-WHEELERS NEW VEHICLES USED VEHICLES AFTER-SALES FINANCING (& OTHER) Investor Day 2015 25 OUR MARKETS – 1. NEW VEHICLES 2 3 4 5 VEHICLE TWO-WHEELERS USED VEHICLES AFTER-SALES FINANCING (& OTHER) 1 NEW VEHICLES Investor Day 2015 26 STABLE AND RESILIENT BELGIAN NEW CAR MARKET Source: Febiac & ACEA 1 • Belgian market (in 2014, 4% of European new car registrations and 3.5% of VW group new car registrations*) was resilient during the financial crisis vs other European countries • 2014 net car registrations were up 0.7% (gross: -0.6%) New car registrations in Belgium New car registrations (in thousands) (rebased to 100 in 2005) 572 547 526 525 536 486 483 120 480 487 476 462 455 458 110 100 90 80 70 60 61 66 65 62 59 52 53 55 54 54 50 40 2014 2005 2006
Load more

Recommended publications
  • Online Reservations of the SEAT Mii by Mango on Amazon.Fr with Delivery in 72 Hours a Complete Success
    #DeliveryToEnjoy Online reservations of the SEAT Mii by Mango on Amazon.fr with delivery in 72 hours a complete success / At the end of the campaign a total of 24 exclusive units of the SEAT Mii by Mango were sold / Customers could easily reserve their car on www.deliverytoenjoy.fr and receive it at their home 72 hours later Martorell/Paris, 08/12/2016. - The #DeliveryToEnjoy campaign launched by SEAT on Amazon.fr, where 15 units of the SEAT Mii by Mango were made available by reservation, exceeded both brands’ sales targets and expectations. The exclusive promotion, enabling customers and users to reserve a car directly via Amazon.fr and receive it at their home in just 72 hours, ended with 24 units sold. The enthusiasm generated by the campaign among Internet users was the reason for pushing back the deadline and offering more units for sale. The goal of the campaign was to provide customers with a shopping experience that is unique, easy, innovative and fast, via a fully online procedure and quick, digital delivery and payment solutions. The positive response to #DeliveryToEnjoy reflects consumers’ new demands and shopping habits as they increasingly begin an online search when they think about purchasing a car. The campaign, which was scheduled to end on 30 October, remained active for a month longer than expected, generating sales of 24 exclusive Mii cars instead of the initial 15, thanks to the success of the initiative. The campaign involved an easy method for customers to reserve and purchase an exclusive Mii by Mango Limited Edition car by making a €500 deposit on Amazon.fr.
    [Show full text]
  • The New SEAT Mii Electric. Model, Pricing and Specification
    The new SEAT Mii electric. Model, pricing and specification. Contents. 05 Created in Barcelona. 07 Why go electric? 11 Safety & 19 technology. Trim & 12 specification. 23 Technology. Pick your 14 colour. Power your 25 journey. Equipment & 17 option prices. FAQs & 28 mythbusting. Technical data. 31 VED & Benefit in Kind. 32 Warranties & service plans. 3 The new SEAT Mii electric. Model, pricing and specification list. Back Forward Contents 4 The new SEAT Mii electric. Model, pricing and specification list. Back Forward Contents Created in Barcelona. 1953. The first SEAT rolls off our Barcelona production line and a whole country starts moving. More than 60 years later and we’re moving people all over the world. But Barcelona still inspires us. It's creative spirit runs through our veins. Feeds into every car we produce. (In fact, 50% of the energy we use to make our cars comes direct from Mediterranean sunshine). This is a city that never stops. And neither will we. Why? Because you have places to be. 5 The new SEAT Mii electric. Model, pricing and specification list. Back Forward Contents Model shown: Mii electric in Deep Black metallic paint. 6 The new SEAT Mii electric. Model, pricing and specification list. Back Forward Contents Why go electric? When it comes to great design, there’s no such thing as normal. Introducing the new SEAT Mii electric, the small city car with an even bigger personality. Discover the benefits of electric driving with SEAT’s first all-electric vehicle, the Mii electric. Packed full of power with minimal recharge time, the Mii electric is ready to go the distance when you are.
    [Show full text]
  • SESSION 1 Pal Negyesi Managing
    Powering up the Supply Chain: implications of an EV World Pál Négyesi, dr October, 2019 Who are we? Central European Auto Industry Information on-time New Car Market Statistics from the region and worldwide Supplier Chain Analysis Market Research B2B Newsletters: - CEAuto Headlines - CEAuto Headlines Middle - East and Africa Electric World g/km 0,1 % German economy is contracting, some analysts predict imminent recession Uncertainty over Brexit Various trade wars initiated by the Trump administration Climate change Shrinking Chinese car market “Radical realingment of the industry is underway” 95 g/km More stringent emission regulations in the European Union from 2020 OEMs are forced to switch to electric vehicles and rearrange production plans Plant closures, job cuts Development of ICE powertrains come to a halt Bold production development plans from Volvo, Volkswagen, BMW et. al. 95 g/km Sales of electric vehicles do not meet expectations in China Tesla is disrupting the industry Lack of suitable, reliable battery technology Lack of charging infrastructure hinders progress Customers still prefer ICEs Taxing both electric vehicles and electricity differ in every country Central European Region Market Overview Slovakia Local OEMs: PSA, Kia, Volkswagen, Jaguar Land Rover Production in 2018: 1,080M vehicles World leader in number of cars produced per 1000 inhabitants: 198 vehicles Slovakia Kia Slovakia Plant location: Zilina, Slovakia Capacity: 350,000 vehicles Employees: 3800 Production in 2018: 332,948 units
    [Show full text]
  • Ethiris® VMS Monitors Selected Production Lines at Volkswagen
    Ethiris® VMS monitors selected production lines at Volkswagen IN BRIEF Ethiris VMS´ flexibility and unique scalability makes it possible to create everything from smaller systems to large and advanced AJTY Company Ltd has installed Kentima´s Ethiris Video Management Software applications with extremely high at Volkswagen Slovakia in Bratislava. Ethiris VMS and more than 60 cameras are used mostly to control the chassis building and paint shop department. functionality. AJTY Company Ltd is located in the capital of The other seven models are VW Touareg, Volkswagen Slovakia is the only Slovakia, Bratislava, and has been a system VW up!, Audi Q7, Q8, SEAT Mii, SKODA automobile plant in the world integrator for Kentima AB for many years. Citigo and Porsche Cayenne. that makes eight models of five AJTY delivers customized surveillance solu- The factory in Bratislava is huge and it is brands under one roof. tions with advanced technology and have very hard for humans to find any issues at had many great projects with Ethiris, both the production line. By surveillance with VMS and NVR/NVC. Now they have installed Ethiris VMS at some staging areas, mostly port for standard protocols such as OPC, Ethiris VMS together with more than 60 paint shop- and chassi building department, ONVIF and ODBC. By combining this with cameras at Volkswagen production unit they can quickly and easily see what´s going an outstanding java script engine, for in Slovakia. When Volkswagen Slovakia on in these areas. maximum flexibility, you get a truly intel- asked for a competent video surveillance ligent video surveillance system.
    [Show full text]
  • SK Deputy Minister for Transport and Construction Replies to EMIS
    A 000130 04.01.2017 Committee of Inquiry into Emission Measurements in the Automotive Sector Written questions to Mr. Viktor Stromček - Deputy Minister for Transport and Construction , Slovakia No. Question 1. What level of priority is given to the emission scandal and the on-going type-approval reform by Slovakia as the Member State currently holding the EU rotating presidency? The investigation into the emission scandal is important for the Slovak Republic. This affair is being actively monitored even though the Slovak Republic has not started its own investigation yet. The Ministry of Transport and Construction (hereinafter “the Ministry”), as the type-approval authority, is in contact with the importers of the offending vehicle models, namely VW, ŠKODA, SEAT and AUDI, and is assessing the number of vehicles which have been recalled for corrective servicing. Type-approval reform is envisaged in a draft regulation to cover type-approval of motor vehicles and of their trailers, systems, components and separate technical units for these vehicles, and for market surveillance of these vehicles. The draft regulation introduces no new type-approval processes, but instead new procedures related to independent technical services and market surveillance. Likewise, it introduces new tools and processes to cover cases such as the aforementioned emission scandal. The Slovak Republic supports type-approval reform. However, not all aspects of the new draft regulation proposed by the European Union would bring the desired effect. Rather it would cause an additional administrative burden. We believe that cases such as the emission scandal should be prevented at the earliest stages, as such prior to granting type-approval, for example through a better vehicle testing methodology, and not retrospectively after vehicles, which have failed to meet established requirements, have already either appeared in the market or been sold to customers and registered.
    [Show full text]
  • Sustainability Report
    SUSTAINABILITY REPORT 2018 “ ON DECEMBER 12, 2015, THE PARIS CLIMATE AGREEMENT WAS APPROVED, IN WHICH 196 COUNTRIES HAVE UNDERTAKEN TO KEEP GLOBAL WARMING TO BELOW TWO DEGREES C. THE VOLKSWAGEN GROUP FEELS COMMITTED TO SHARING THIS JOINT RESPONSIBILITY FOR OUR PLANET. ENVIRONMENTAL AND CLIMATE PROTECTION ARE GUIDING PRIN- CIPLES OF OUR ACTIONS.” Dr. Herbert Diess Chairman of the Board of Management of Volkswagen AG STRENGTHENING INTEGRITY AND 01 COMPLIANCE 16 Strategic Approach and Management 16 Integrity: the Foundation of Our Actions CONTENTS 19 Compliant Behavior STRENGTHENING SUSTAINABILITY FOREWORD 02 THROUGHOUT THE GROUP 4 Foreword 24 Strategic Approach and Management 6 The Board of Management 26 Efficient Control thanks to Sustainability Management 8 The Volkswagen Group 27 Checking the Materiality Analysis 11 Goals and Strategies 28 Strategic Stakeholder Management 31 Ratings and Indices 31 Worldwide Social Engagement 32 Active Protection of Human Rights 33 Responsible Supply Chain 36 Effective Controls through Risk Management SHAPING MOBILITY WITH A VIEW 03 TO THE FUTURE 42 Strategic Approach and Management TABLE OF CONTENTS OF TABLE 44 Innovative and Environmentally Friendly Vehicle Technologies 46 Mobility Concepts for a Transport Revolution APPENDIX 48 High Customer Satisfaction in All Business Areas 50 Responsibility for Quality and Safety 74 About this Report 76 About the Nonfinancial Report (NFR) 78 Additional KPIs and Diagrams CREATING TRUST IN ENVIRONMENTAL 88 GRI Content Index 04 PROTECTION 104 Independent Assurance Report
    [Show full text]
  • Seat-Mii-2012-UK.Pdf
    MEMBER OF THE VOLKSWAGEN GROUP Mii ENJOYNEERING Welcome to a new world where everything revolves around you. Where innovation and engineering exist to serve your driving pleasure. A world where technology is committed to helping you fully enjoy life. We call it: ENJOYNEERING. MY Mii And now this new world has brought us the New SEAT Mii, a car that will make you see things differently. Once you sit behind the wheel, nothing will ever be the same again. Starting now, parking spaces will be bigger. Rush hour traffi c lighter. Even your favourite restaurants will suddenly seem closer. The new SEAT Mii has been designed to optimize space and effi ciency for day-to-day city driving. It’s equipped with the latest and best safety technology, and endowed with a surprisingly spacious boot. So it’s ready to travel when you are. Life has so much more life with the new SEAT Mii. KEEP YOUR OPTIONS OPEN 3 or 5-door. Your choice The SEAT Mii fi ts effortlessly into its environment. And you’ll fi t into the SEAT Mii just as easily. Whether you opt for the three-door or fi ve- door model, intelligent interior design optimises every inch of space. On the three door, you have the easy entry system*. At the fl ick of a lever the front seats smoothly fold and slide, so your passengers can hop in and out with ease. But sometimes you need to turn that easy access dial right up to fi ve. For picking up friends, dropping off kids or taking the dog for a ‘walk’, the fi ve-door Mii is where compact charisma meets practical city living.
    [Show full text]
  • Golf GTI MKVII Press Pack
    Press Information α September 2016 THE GOLF GTI Introduction overview 2 summary 4 market information and production 5 Design MQB platform 7 dimensions and exterior 8 weight reduction 11 production methods 13 interior 14 Technology highlights infotainment system 17 safety highlights and features 18 driver profile selection 19 comfort and convenience features 22 Engines 2.0-litre TSI 220/230 PS 21 gearboxes 22 servicing 23 Running gear GTI Performance pack 24 front and rear axle 24 steering and braking (ESC, XDS, HBA) 25 Dynamic Chassis Control (DCC) 27 electronic parking brake with auto hold 28 Equipment highlights GTI 29 GTI Clubsport Edition 40 30 GTI Clubsport S 31 Safety features 32 Euro NCAP results, insurance groups 33 Warranties information 33 Golf GTI Clubsport Edition 40 in detail 34 Golf GTI Clubsport S in detail 36 History of the Golf GTI chronology 39 After hours telephone: Volkswagen Press and Public Relations Telephone 01908 601187 www.vwpress.co.uk Mike Orford 07467 442062 Volkswagen (UK) Scott Fisher 07554 773869 Yeomans Drive James Bolton 07789 292821 Blakelands Nicki Divey 07802 248310 Milton Keynes MK14 5AN Press Information - 2 - Introduction On 4 September 2012, 38 years after the original model redefined the small family car, the all- new Golf was unveiled in Berlin ahead of its public debut at the Paris Motor Show later that month. Few cars have a history like that of the Volkswagen Golf, yet with global sales having reached 30 million in June 2013, and in its seventh generation, the latest Golf continues to offer buyers a car which sets benchmarks in comfort, practicality, safety and efficiency.
    [Show full text]
  • Sustainability Report 2017 VOLKSWAGEN GROUP SUSTAINABILITY REPORT 2017 VOLKSWAGEN GROUP SUSTAINABILITY REPORT 2017
    Empowering Transformation Sustainability Report 2017 VOLKSWAGEN GROUP SUSTAINABILITY REPORT 2017 VOLKSWAGEN GROUP SUSTAINABILITY REPORT 2017 ABOUT THIS REPORT About This Report REPORT STRUCTURE gray background. The Group Sustainability Report 2017 is supplemented by a detailed description of the sustainability activities of our brands The Volkswagen Group is committed to providing transparency to and regions and of the Volkswagen Group’s CSR projects. This additional all its stakeholder groups. For the first time, this Group Sustainability information, which does not form part of the nonfinancial report, can Report 2017 includes a combined separate nonfinancial report that be found on the Volkswagen Group’s corporate website at: complies with sections 289b para. 3 and 315b para. 3 of the Handels- www.volkswagenag.com > Sustainability > Reporting gesetzbuch (HGB – German Commercial Code), hereinafter referred to as the “nonfinancial report”. The nonfinancial report serves to meet Information on conflicting sustainability objectives and the “diesel the disclosure requirements of the CSR-Richtlinie-Umsetzungsgesetz issue” may be found in our separate sustainability magazine, Shift 2017. (CSR-RUG – German CSR Directive Implementation Act). The publication is available here: www.volkswagenag.com > Sustainability > Shift. In the Group Sustainability Report, all text passages, tables and graphics that form part of the nonfinancial report are indicated by a REPORTING OTHER MAGAZINE (INCL. NONFINANCIAL REPORT) SUSTAINABILITY ACTIVITIES Strategy and Management Brands and Regions Products and Production Sustainability magazine People and Responsibility Shift 2017 Appendix CSR-Projects worldwide Volkswagen AG Shift Shift. LICHT Das Nachhaltigkeitsmagazin von Volkswagen Nachhaltigkeitsmagazinvon Das Kluge Köpfe entwickeln spannende Konzepte und bauen das Unternehmen nachhaltig um. November2017 SCHATTEN Nach zwei Jahren Dieselkrise stellen sich alte und neue Fragen.
    [Show full text]
  • Skoda Citigo
    NK Range VW UP Make Model Fuel Stroke Type KW Year From Month From Year Till Month Till Product group Position Articlegroup NK ref. VOLKSWAGEN Up Petrol 1.0 BlueMotion 44 2011 08 Brakes Rear Brakes Adjuster, drum brake 424702 VOLKSWAGEN Up Petrol 1.0 BlueMotion 55 2011 08 Brakes Rear Brakes Adjuster, drum brake 424702 VOLKSWAGEN Up CNG (with or without Petrol) 1.0 EcoFuel 50 2012 11 Brakes Rear Brakes Adjuster, drum brake 424702 VOLKSWAGEN Up Petrol 1.0 BlueMotion 44 2011 08 Brakes Rear Brakes Brake hose 8547182 VOLKSWAGEN Up Petrol 1.0 BlueMotion 55 2011 08 Brakes Rear Brakes Brake hose 8547182 VOLKSWAGEN Up CNG (with or without Petrol) 1.0 EcoFuel 50 2012 11 Brakes Rear Brakes Brake hose 8547182 VOLKSWAGEN Up Petrol 1.0 BlueMotion 44 2011 08 Brakes Front Brakes Brake hose 8547181 VOLKSWAGEN Up Petrol 1.0 BlueMotion 55 2011 08 Brakes Front Brakes Brake hose 8547181 VOLKSWAGEN Up CNG (with or without Petrol) 1.0 EcoFuel 50 2012 11 Brakes Front Brakes Brake hose 8547181 VOLKSWAGEN Up Petrol 1.0 BlueMotion 44 2011 08 Brakes Front Brakes Brake Caliper 2147153 VOLKSWAGEN Up Petrol 1.0 BlueMotion 55 2011 08 Brakes Front Brakes Brake Caliper 2147153 VOLKSWAGEN Up Petrol 1.0 BlueMotion 44 2011 08 Brakes Front Brakes Brake Caliper 2147153 VOLKSWAGEN Up CNG (with or without Petrol) 1.0 EcoFuel 50 2012 11 Brakes Front Brakes Brake Caliper 2147153 VOLKSWAGEN Up CNG (with or without Petrol) 1.0 EcoFuel 50 2012 11 Brakes Front Brakes Brake Caliper 2147153 VOLKSWAGEN Up Petrol 1.0 BlueMotion 44 2011 08 Brakes Front Brakes Brake Caliper 2147154 VOLKSWAGEN
    [Show full text]
  • Interim Report 2
    Interim report 2 3 Aim of achieving the integrated automotive 12 Results of operations, net assets group with Volkswagen remains unchanged and financial position 4 Significant events and developments 12 Results of operations 4 Changes to the supervisory board 12 Net assets and financial position and executive board of Porsche SE 13 Operating result of 5 Litigation risks and legal disputes significant investments 8 Significant events at the Porsche 14 Attractive new models Zwischenholding GmbH group 16 Outlook 8 Significant events at the 16 Anticipated development of Volkswagen group significant investments 8 Fundamental ecological reorganization 17 Anticipated development of the of the Volkswagen group Porsche SE group 8 Official start to vehicle production in Malaysia 18 Porsche Zwischenholding 8 Supervisory board matters GmbH group in numbers 10 Business development 19 Volkswagen group in numbers 10 Significant rise in unit sales 10 Regional differences 11 More vehicles manufactured 11 High level of employment 3 Porsche Automobil Holding SE Interim report ;OPZPU[LYPTYLWVY[I`7VYZJOL(\[VTVIPS ;OL[^VJVTWHUPLZJV\SKUV[HNYLLVUOV^[V]HS\H[L /VSKPUN:,:[\[[NHY[r7VYZJOL:,sVYrJVTWHU`s MVYW\YWVZLZVM[OLTLYNLY[OVZLYPZRZ[OH[TPNO[ YLSH[LZ[V[OLKL]LSVWTLU[VMI\ZPULZZHUKP[ZLMMLJ[Z HYPZLMVY7VYZJOL:,V\[VMKHTHNLZJSHPTZHZZLY[LK VU[OLYLZ\S[ZVMVWLYH[PVUZUL[HZZL[ZHUKMPUHUJPHS PU[OL<UP[LK:[H[LZHUKPU.LYTHU`HSZVPUSPNO[VM WVZP[PVUPU[OLMPYZ[[OYLLTVU[OZVM[OLMPZJHS`LHY [OLVUNVPUNPU]LZ[PNH[PVUZJVUK\J[LKI`[OLW\ISPJ HUKJVU[HPUZPUMVYTH[PVUVU[OLYLWVY[PUN WYVZLJ\[VYqZVMMPJLPU[LYHSPHYLNHYKPUNHSSLNLKTHYÌ
    [Show full text]
  • BEHIND the SCENES – Volkswagen Slovakia Factory Apr 27, 2017
    BEHIND THE SCENES – Volkswagen Slovakia factory Apr 27, 2017 Photo credits: Volkswagen Slovakia Special congress venue – Volkswagen factory in Bratislava SPACE FOR IDEAS Over the last decade, Slovakia has become an alluring destination for investors, mainly of the foreign automotive kind. With a population of just 5.4 million people, Slovakia now has three car factories (Volkswagen, PSA concern and Kia) and is very soon to have four – investment by Jaguar Land Rover has already been approved with investment worth 1.4 billion to follow. Today the automotive industry directly or indirectly employs 250,000 Slovaks and represents 44% of total Slovak industrial production, with last year a great one for the Slovaks – more than a million cars rolled off their production belts. With the highest number of industrial robots united under one roof, VW SK factory operates as a car body shop for AudiQ7 SUV and it has the highest level of automation based on industry 4.0 principles. At the moment, another state­of­the­art body making facility which will be dedicated to Porsche Cayenne SUV is under construction in the VW Slovakia factory. Photo credits: Volkswagen Slovakia Following progressive trends helped in transforming Slovak industrial sector into one of the best addresses in global automotive in just 25 years. With three operating original equipment manufacturer plants, fourth expected to start production within the coming two years and the innovative network of various suppliers the Slovak automotive industry belongs to the strongest destinations in not only manufacturing, but also continuously building its innovation force. Investors are opting for Slovakia because of the quick solutions they get in the field of administrative matters and bureaucracy, as well as for the quality of the workforce, which is educated and has a long industrial and automotive tradition.
    [Show full text]