Driving Ideas

Total Page:16

File Type:pdf, Size:1020Kb

Driving Ideas FACTSANDFIGURES NAVIGATOR2010 Driving ideas. 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. 2004 to Dec. 2009 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 74 Volkswagen Passenger Cars 74 Audi 82 SEAT 87 ãkoda 90 Volkswagen Commercial Vehicles 93 Bentley 97 Bugatti 98 Lamborghini 99 Scania 100 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 2009, the Group increased the number of vehicles delivered to customers to 6.336 million (2008: 6.257 million), corresponding to a 11.3 percent share of the world passenger car market. In Western Europe, the largest car market in the world, just over one in five new cars (20.9 percent) comes from the Volks­ wagen Group. Group sales came in 2009 to 105.2 billion euros (2008: 113.8 billion). Profit after tax in the 2009 financial year amounted to 0.9 billion euros (2008: 4.69 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 low­consumption small cars to luxury class vehicles. In the commercial vehicle sector, the product offering spans pick ups, busses and heavy trucks. The Group operates 60 production plants in fifteen European countries and a further six countries in the Americas, Asia and Africa. Around the world, nearly 370,000 employees produce about 26,000 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. December 31, 2009 4 BOARD OF MANAGEMENT OF VOLKSWAGEN AG Board of Management of Volkswagen Aktiengesellschaft Prof. Dr. rer. nat. Martin Winterkorn Chairman, Research and Development Prof. Dr. rer. pol. Jochem Heizmann Production Christian Klingler Sales and Marketing Prof. Dr. rer. pol. Horst Neumann Human Resources and Organization Hans Dieter Pötsch Finance and Controlling Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement Rupert Stadler Chairman of the Board of Management of AUDI AG February 1, 2010 SUPERVISORY BOARD www.volkswagenag.com/ir 5 Hon.-Prof. Dr. techn. h.c. Roland Oetker Dipl.-Ing. ETH Managing Partner of Ferdinand K. Piëch ROI Verwaltungsgesellschaft mbH; Chairman Hon. President of Deutsche Schutz­ vereinigung für Wertpapierbesitz e.V. Jürgen Peters Deputy Chairman Bernd Osterloh Chairman of the General and Group Works Councils of Volkswagen AG Jörg Bode Minister of Economic Affairs, Labor Dr. jur. Hans Michel Piëch and Transport for the Federal State Lawyer in private practice of Lower Saxony Dr. jur. Ferdinand Oliver Porsche Dr. jur. Michael Frenzel Member of the Board of Chairman of the Management of Familie Porsche AG Board of Management of TUI AG Beteiligungsgesellschaft Babette Fröhlich Dr. rer. comm. Wolfgang Porsche IG Metall, with responsibility for Chairman of the Supervisory Board Strategic Planning of Porsche Automobil Holding SE; Chairman of the Supervisory Board Dr. jur. Hans Michael Gaul of Dr. Ing. h.c. F. Porsche AG Dr. Ing. Jürgen Großmann Wolfgang Ritmeier Chairman of the Board of Manage­ Chairman of the Board of Manage­ ment of RWE AG; Partner, Georgs­ ment of Volkswagen Management marienhütte Holding GmbH Association (VMA) Peter Jacobs Heinrich Söfjer Chairman of the Works Council at Member of the Works Council the Volkswagen AG Emden plant Volkswagen Commercial Vehicles Hartmut Meine Jürgen Stumpf Director of the Lower Saxony and Chairman of the Works Council at Saxony­Anhalt Regional Office of the Volkswagen AG Kassel plant IG Metall Bernd Wehlauer Peter Mosch Deputy Chairman of the General Chairman of the General Works and Group Works Councils of Council of AUDI AG Volkswagen AG Christian Wulff Minister­President of the Federal State of Lower Saxony December 31, 2009 6 KEY FIGURES VOLKSWAGEN GROUP Volume Data 1 2009 2008 % Vehicle sales (units) 6,309,743 6,271,724 + 0.6 Production (units) 6,054,829 6,346,515 – 4.6 Employees at Dec. 31 368,500 369,928 – 0.4 Financial Data (IFRSs), € million 2009 2008 % Sales revenue 105,187 113,808 – 7.6 Operating profit 1,855 6,333 – 70.7 Profit before tax 1,261 6,608 – 80.9 Profit after tax 911 4,688 – 80.6 Profit attributable to shareholders of Volkswagen AG 960 4,753 – 79.8 Cash flows from operating activities 2 12,741 2,702 x Cash flows from investing activities 2 10,428 11,613 – 10.2 Automotive Division 3 EBITDA 4 8,005 12,108 – 33.9 Cash flows from operating activities 2 12,815 8,800 + 45.6 Cash flows from investing activities 2 10,252 11,479 – 10.7 of which: investments in property, plant and equipment 2 5,783 6,773 – 14.6 as a percentage of sales revenue 6.2 6.6 capitalized development costs 1,948 2,216 – 12.1 as a percentage of sales revenue 2.1 2.2 Net cash flow 2,563 – 2,679 x Net liquidity at Dec. 31 10,636 8,039 + 32.3 Return ratios in % 2009 2008 Return on sales before tax 1.2 5.8 Return on investment after tax (Automotive Division) 3.8 10.9 Return on equity before tax (Financial Services Division) 6 7.9 12.1 www.volkswagenag.com/ir 7 VOLKSWAGEN AG Volume Data 2009 2008 % Vehicle sales (units) 2,053,427 2,388,014 – 14.0 Production (units) 1,038,344 1,137,145 – 8.7 Employees at Dec. 31 7 95,164 90,363 + 5.3 Financial Data (HGB), € million 2009 2008 % Sales 47,864 56,710 – 15.6 Net income 1,082 827 + 30.8 1) Including volume data for the vehicle­production investments Shanghai­Volkswagen Automotive Company Ltd. and FAW­Volkswagen Automotive Company Ltd., which are accounted for using the equity method. 2) 2008 adjusted. 3) Including allocation of consolidation adjustments between the Automotive and Financial Services divisions. 4) 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. 5) Excluding acquisition and disposal of equity investments: €7,585 million (€8,879 million). 6) Profit before tax as a percentage of average equity. 7) 2009 including Auto5000 GmbH. December 31, 2009 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/ir 9 2009 2008 2007 2006 2005 6,310 6,272 6,192 5,720 5,193 1,288 1,013 1,030 1,093 1,019 5,022 5,259 5,162 4,627 4,174 6,055 6,347 6,213 5,660 5,219 1,938 2,146 2,086 1,935 1,913 4,117 4,201 4,127 3,725 3,306 367 357 329 329 345 173 178 175 174 179 194 179 154 155 166 2009 2008 2007 2006 2005 105,187 113,808 108,897 104,875 93,996 1,261 6,608 6,543 1,793 1,621 911 4,688 4,122 1,955 1,050 12,741 2,702 9,308 14,470 10,709 10,428 11,613 7,120 11,911 10,365 December 31, 2009 10 VOLKSWAGEN SHARE KEY FIGURES Dividend development Number of no­par 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/ir 11 2009 2008 2007 2006 2005 295,005 294,920 291,337 286,980 321,930 105,238 105,238 105,238 105,238 105,238 1.60 1.93 1.80 1.25 1.15 1.66 1.99 1.86 1.31 1.21 2009 2008 2007 2006 2005 77.00 250.00 156.10 85.89 44.61 298.85 945.00 197.90 85.89 54.01 72.41 148.43 82.60 45.10 31.88 65.74 38.02 100.00 56.55 32.50 81.72 108.30 131.00 56.55 40.00 30.24 29.30 54.14 32.85 24.00 29.6 77.7 56.0 30.6 15.9 35.3 35.0 31.9 26.9 23.6 0.84 2.22 1.75 1.14 0.67 2009 2008 2007 2006 2005 2.38 11.92 10.43 7.07 2 2.90 2.38 11.88 10.34 7.04 2 2.90 4.64 15.91 15.60 5.18 6.60 31.84 27.13 39.72 37.32 27.86 88.15 87.49 80.38 68.59 55.25 36.2 21.0 15.0 12.1 15.4 2.4 9.2 3.9 2.3 1.6 2.1 0.8 1.2 1.5 2.6 2.5 5.2 1.9 2.3 3.7 – 69.2 + 60.2 + 81.7 + 92.5 + 33.8 + 72.9 – 62.0 + 76.8 + 74.0 + 33.1 2009 2008 2007 2006 2005 23.5 136.5 103.1 50.5 30.9 129.6 562.8 877.3 770.4 735.7 7 3.2 8.0 5.3 3.9 3.3 1) Xetra prices.
Recommended publications
  • 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]
  • The Volkswagen Beetle – a Success Story
    The Volkswagen Beetle – A Success Story Table of Contents Page Feature – Beetle melancholy 1. Volkswagen Beetle – the sound, the humor, the smell, the feel, the l`mdtudq`ahkhsx, the image 2 VW Beetle, the real miracle 2. How it all began 6 3. Success story without end 7 4. VW Beetle ...and runs and swims and flies 11 5. Volkswagen – an international partner 14 VW Beetle through the years 6. Engine technology 16 7. Design and equipment 18 VW Beetle - Facts and figures 8. Chronology 22 9. Global production 26 10. Production locations 28 11. Sales figures by markets 29 12. Price development in Germany 30 Volkswagen Beetle – the sound, the humor, the smell, the feel, the maneuverability, the image The Sound. The typical sound of a Beetle. People of the Beetle Generation sit up and take notice when they hear it today. They are strangely touched, experience melancholy, as though remembering something long since lost. It is a sound as unmistakable as the Beetle's silhouette: it buzzes, it putters - all against a background of soothing fan noises – a feeling of euphoria which has underscored our mobility for decades and which was the accompaniment for our independence and for growing prosperity during those years. Beginning in the late 1940's and continuing into the early 1980's, the unmistakable noise of the Beetle left its mark on the sound backdrop of German streets. And in other places, as well, the air-cooled Beetle Boxer was the lead instrument in the noisy traffic concert. This is why Volkswagen advertising from the Doyle Dane Bernbach (DDB) agency at the end of the 1960's, advertising that is already legendary today, was titled „What the world loves about Germany"; it included a colorfully mixed collection of pictures: Heidelberg, a cuckoo clock, sauerkraut with dumplings, Goethe, a dachshund, the Lorelei – and a Beetle.
    [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]
  • D'ieteren Auto
    D’IETEREN AUTO WHAT WE DO As part of its 70-year old relationship with the Volkswagen Group, D’Ieteren Auto imports and distributes the vehicles of Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti and Porsche across Belgium, along with spare parts and accessories. It is the country’s number one vehicle distributor, with a market share of around 21% and 1.2 million vehicles on the road. D’Ieteren Auto manages a strong network of independent dealers across the country and corporately owns about 20 locations, mainly on the Brussels-Mechelen-Antwerp axis. Besides distributing vehicles in Belgium, D’Ieteren Auto provides after sales services through its Corporate-owned operations. These include bodywork, maintenance and repair, glass repair and tyre replace- ment. It also sells used vehicles through My Way centres and My Way Authorized Distributors. In addition, D’Ieteren Auto provides car financing and long-term car rental services through a joint venture between D’Ieteren and Volkswagen Financial Services. Finally, it distributes the products of Yamaha in Belgium and the Grand Duchy of Luxembourg through D’Ieteren Sport. D’Ieteren Auto’s business model is currently evolving towards suppor- ting citizens’ social life through a more fluid, accessible and comfortable mobility. The company is bringing great focus on supporting responsible mobility, mainly through the initiatives of its recently launched sub- sidiary, Lab Box. IMPROVING THE LIVES OF CITIZENS WITH FLUID, ACCESSIBLE AND COMFORTABLE MOBILITY D’Ieteren / Acti vity Report 2017 / D’Ieteren Auto 12 / 13 MESSagE FROM denis gorteman CEO of d’ieteren auTO Mobility is evolving, D’Ieteren Auto too.
    [Show full text]
  • Audi on the Road to Climate-Neutral Mobility
    Audi MediaInfo Audi on the road to climate-neutral mobility • Accelerated transfer to e-mobility: more than 20 models by 2025 • Cooperation with energy providers: Audi is calling for expansion of renewable energies • Holistically sustainable: numerous steps in the supply chain, production, and logistics Ingolstadt, August 27, 2021 – Production of Audi’s final new combustion engine model will start in just four years. Beginning in 2026, the premium brand will only release models onto the market that are powered purely by electricity. The manufacturer will phase out production of internal combustion engines by 2033. In order to become a leading provider of net-zero1 carbon mobility, Audi is also optimizing every link in its value chain and, moreover, committing itself to the expansion of renewable energy. On the “Sustainability” theme day at Audi Media Days prior to the IAA, the company presented, among other things, its vision of a climate-neutral factory and showed how sustainability is implemented in the supply chain. Audi wants to be a net-zero carbon emissions company by no later than 2050. By 2025, the company plans to offer more than 20 fully electric, battery-driven cars. At the same time, Audi wants to reduce the ecological footprint of its fleet – specifically, by 30 percent as compared with 2015. One central goal is to make production carbon neutral at all sites by 2025. This has already been achieved as an interim target at Audi Hungaria and Audi Brussels. The premium brand is keeping all its processes in sight: the sourcing of raw materials and production itself, but also the utilization phase and recycling or reuse at the end of a car’s life cycle.
    [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]
  • Audi-Report-2020 Desktop.Pdf
    Content Content About the Report Querverweis 0-1 Intro Über den Bericht Audi Report 2020 Foreword 2 Audi Report 2020 Foreword 3 Milestones 1. STRATEGY How is Audi shaping the future? Brief portrait High-level meeting – how Audi is shaping the future The Audi e-tron GT quattro1 is one example of this. As the brand’s 2. OPERATING & INTEGRITYHow is Audi acting profitably and with integrity? progressive new spearhead, it is our first all-electric model A win-win-win situation for humankind, society and the environment manufactured in Germany. The e-tron GT1 stands for emotional Financial position Financial highlights electric mobility and sustainability. Economic environment Production and deliveries Now more than ever, our future success requires that we have a Production holistic understanding of sustainability, comprising the economy, Deliveries environment and society. That is why we are also integrating the Financial performance AG Financial performance financial perspectives and issues related to ESG – Environment, Net worth Social and Governance – into our reporting and are publishing a Financial position AUDI Photo: combined annual and sustainability report this year for the first Employees time. Even following last year’s acquisition of all Audi shares by Markus Duesmann Report on expected developments Dear Volkswagen AG, this approach will allow us to uphold transpar- Cost and investment discipline Chairman of the Board of Management and Member of the Board of Manage- ency as well as explain and classify correlations. Report on risks and opportunities Readers, ment for Product Lines of AUDI AG Report on risks and opportunities Operating principle of opportunities management As a year, 2020 was defined by uncertainty and radical change.
    [Show full text]
  • VW Do Brasil in the Brazilian Military Dictatorship 1964-1985 a Historical Study
    VW do Brasil in the Brazilian Military Dictatorship 1964-1985 A Historical Study Christopher Kopper Bielefeld, September 1, 2017 University of Bielefeld Faculty of History, Philosophy and Theology VW do Brasil in the Brazilian Military Dictatorship 1964-1985 A Historical Study Christopher Kopper IMPRINT Editors for Corporate History Department of Volkswagen Aktiengesellschaft Dieter Landenberger Design designagenten.com Printed by Quensen Druck + Verlag GmbH, Hildesheim © Volkswagen Aktiengesellschaft Wolfsburg 2017 TABLE OF CONTENTS 1. Introduction 5 2. From the founding of VW do Brasil to the military coup 9 on March 31, 1964 3. VW do Brasil and the military coup on March 31, 1964 17 4. Industrial relations at VW do Brasil during the dictatorship 23 5. The development of VW do Brasil during the 35 Brazilian Economic Miracle (1968-1974) 6. VW do Brasil and the persecution of political opponents 49 of the military regime 7. Pay and working conditions at VW do Brasil 61 in the 1960s and 1970s 8. The strikes of 1978, 1979 and 1980 67 9. Change in economic crisis: the democratisation 83 of industrial relations at VW do Brasil in the early 1980s 10. VW do Brasil as a major land-owner, and the social 95 and ecological consequences: the Rio Cristalino project 11. Franz Stangl: a concentration camp commandant 105 as an employee of VW do Brasil 12. Results 111 1. Introduction 5 INTRODUCTION This study was commissioned in response to recent events. In 2014, a detailed 1 report by the Brazilian Truth Commission revealed to the country the extent of For example, a Spiegel Online headline on human rights violations and political murders during the period of military November 1, 2015 read: “VW will Verwick- dictatorship 1964-1985.
    [Show full text]
  • Škoda Annual Report 2016
    ŠKODA ANNUAL REPORT 2016 ŠKODA AUTO a.s. CONTENTS Foreword 2 Report of the Supervisory Board 4 ANNUAL REPORT Management Report ŠKODA AUTO Company Profile 7 Corporate Governance 8 ŠKODA AUTO Bodies 8 Declaration of Compliance with the Code of Corporate Governance 10 Business Operations 11 Strategy 11 Product Portfolio 12 Financial Situation 14 Other Information 15 Technical Development 16 Purchasing 18 Production and Logistics 19 Sales and Marketing 24 Human Resources Management 29 Sustainability 32 Risk Management Report 36 Risk Management System 36 Outlook 39 Short-term and Long-term Outlook 39 Financial Section Auditor’s Report 42 Separate Financial Statements for the Year Ended 31 December 2016 44 Notes to the Separate Financial Statements 2016 48 Report on Relations 101 Glossary of Terms and Abbreviations 109 Persons Responsible for the Annual Report and Events after the Balance Sheet Date 110 Key Figures and Financial Results at a Glance 111 Annual Report 2016 1 Foreword FOREWORD Dear Sir or Madam, 2016 was a very special year for ŠKODA AUTO. We once again achieved record results in various respects, launched pioneering new models and set the guiding principles for the future of our brand and our company. For the third time in a row, ŠKODA produced more than one million vehicles in a calendar year and delivered them to customers. These record sales were accompanied by the highest turnover in the company’s history. In 2016, we were delighted to celebrate an anniversary that looks back on this success story: ŠKODA has been operating under the umbrella of the Volkswagen Group for 25 years, and has grown from being a traditional regional company to an internationally successful automotive company.
    [Show full text]
  • Application for Foreign-Trade Zone
    APPLICATION FOR FOREIGN-TRADE ZONE TEMPORARY/INTERIM MANUFACTURING AUTHORITY AND MANUFACTURING/PROCESSING AUTHORITY FOR FOREIGN-TRADE ZONE NO. 134 IN CHATTANOOGA, TENNESSEE FOR VOLKSWAGEN GROUP OF AMERICA CHATTANOOGA OPERATIONS, LLC SUBMITTED BY CHATTANOOGA CHAMBER FOUNDATION GRANTEE OF FOREIGN-TRADE ZONE NO. 134 OMB No. 0625-0139 Exp. Date 5/31/2008 The Foreign-Trade Zones Board Application for FTZ Manufacturing Authority In addition to the basic information to provide on this page, the form for FTZ manufacturing authority has four possible sections to complete. Most companies do not need to complete all four sections – complete only the sections that apply to you. Our web site – http://www.trade.gov/ftz – explains the different types of manufacturing authority available and has sample completed applications. If you have questions, please contact the FTZ Board staff at (202) 482-2862. ' WHICH SECTIONS TO COMPLETE? For all applications: Section A All applicants must complete Section A (company/industry information). All applications will also use at least one of the three "Products and Components" sections (Sections B, C, and D). Those sections are used to list a scope of products to be manufactured and foreign components to be used for the different types of manufacturing applications: Section B Only used if you are requesting temporary/interim authority; Section C Only used to define the primary scope if requesting permanent authority; and Section D Only used to define an optional secondary scope (for permanent authority). We have completed Sections A, C and D. We are not requesting T/IM authority. Only fill out the sections that are relevant to the authority you are seeking, answering the questions completely using the boxes provided.
    [Show full text]
  • Volkswagen Group Honors Its Best Apprentices
    Media information NO. 453/2018 Volkswagen Group honors its best apprentices • Awards for 46 young talents in 16 vocations from 19 countries • Diess: “In the future too, we will need a team that is motivated, competent and committed, and also welcomes change.” Wolfsburg, December 7, 2018. The Volkswagen Group today presented its “Best Apprentice Awards 2018” to its best apprentices from all over the world, honoring their outstanding performance and professional competence. The prizes for the 46 young talents with 16 vocations were presented by the Chairman of the Board of Management of Volkswagen Aktiengesellschaft, Dr. Herbert Diess, the Member of the Board of Management with responsibilty for Human Resources, Gunnar Kilian, and the President of the Global Group Works Council, Bernd Osterloh. The 14 young women and 32 young men were honored at a ceremony held at the CongressPark in Wolfsburg. “You have every reason to be proud because you are among the world’s best apprentices of the Volkswagen Group. In the future too, we will need a team that is motivated, competent and committed, and also welcomes change. If you want to keep pace with the major challenges of our times, you must demonstrate flexibility and be ready to accept change,” said Diess at the award ceremony. Gunnar Kilian said: “Volkswagen offers almost 20,000 young people throughout the world excellent training in about 60 vocations and 50 dual courses of study. We have successfully transferred dual vocational training to locations throughout the world and train our budding specialists at our plants across the globe on the basis of this model.
    [Show full text]
  • ŠKODA Annual Report
    2012 ŠKODA Annual Report ŠKODA AUTO a.s. Contents 4 Foreword Management Report 8 ŠKODA AUTO Group Profile 9 Corporate Governance 9 Report of the Supervisory Board 10 ŠKODA AUTO bodies 12 Declaration of Compliance with the Code of Corporate Governance 13 Business Operations 13 Strategy 14 Product Portfolio 15 Overview of developments on the automobile markets 16 Financial situation 18 Technical development 19 Purchasing 20 Production and logistics 23 Sales and marketing 27 Human resources management 29 Sustainability 32 Risk Report 32 Risk management system 34 Outlook 34 Short-term and long-term outlook 36 Milestones of the year 2012 Financial Section 42 Auditor‘s report on the annual report and the report on relations 44 Auditor’s report on the consolidated financial statements 46 Consolidated financial statements for the year ended 31 December 2012 51 Notes to the consolidated financial statements 2012 106 Auditor’s report on the separate financial statements 108 Separate financial statements for the year ended 31 December 2012 112 Notes to the separate financial statements 2012 168 Report on relations 173 Glossary of terms and abbreviations 175 List of non-consolidated capital holdings of ŠKODA AUTO 176 Persons responsible for the annual report and post-balance sheet events 177 Key figures and financial results at a glance Company Overview ŠKODA AUTO, based in Mladá Boleslav in the Czech Republic, is one of the world’s longest-standing automobile manufacturers. The tradition of the Company dates back to 1895, when Václav Laurin and Václav Klement formed a partnership that laid the foundation for over 100 years of Czech expertise in automotive engineering.
    [Show full text]