Michael-Julius Renz Becomes Head of Audi Sport Gmbh
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Five Million Audi Quattro Drive Systems – Victory Lap for a Superior Technology
Five million Audi quattro drive systems – victory lap for a superior technology • Five millionth Audi with permanent all-wheel drive rolls off the assembly line • A successful 33 years for quattro on the road and in motorsport AUDI AG celebrates a very special event today – the five millionth Audi with a quattro drive system. The car is a white Audi A6 allroad 3.0 TDI; it rolled off the assembly line at the Neckarsulm plant. The record is a testament to the leading role played by the pioneering all-wheel drive – no other premium brand in the world can claim such high sales figures for a four-wheel drive or a comparable range of models boasting more than 140 quattro variants. quattro technology debuted in 1980 in the legendary, original quattro car. Adding together all of the available body types, engines and drive systems amounts to more than 140 different models. Audi offers the widest range of cars by far with all-wheel drive: the Audi Q7, R8, A4 allroad, A6 allroad as well as all S and RS models are available exclusively with quattro drives; Audi offers it as an option in all other model lines. "quattro is one of the key pillars of our brand and has been a critical factor in our successful history," said Rupert Stadler, Chairman of the Board of Management of AUDI AG. "The quattro permanent all- wheel drive makes it possible to directly experience our 'Vorsprung durch Technik.' We are committed to our pioneering role and will continue to develop this advantage with new technologies." quattro is more than a technology – it is an icon. -
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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. -
Mondial De L'automobile Paris
Mondial de l‘Automobile Paris: Bugatti presents final Legends model „Ettore Bugatti“ at Volkswagen Group Night PARIS 01 10 2014 AS A EUROPEAN PREMIERE BUGATTI IS SHOWING THE SIXTH AND FINAL MODEL OF ITS EDITION „LES LÉGENDES DE BUGATTI“ AT THE VOLKSWAGEN GROUP NIGHT ON THE EVE OF THE PARIS MOTOR SHOW, MONDIAL DE L’AUTOMOBILE PARIS. As a European premiere Bugatti is showing the sixth and final model of its Edition „Les Légendes de Bugatti“ at the Volkswagen Group Night on the eve of the Paris Motor Show, Mondial de l’Automobile Paris. It is dedicated to Ettore Bugatti, founder and patron of the brand. At the same time Bugatti is celebrating the successful completion of its Legends Edition. Only three vehicles per model will be built. All 18 vehicles were sold out even before the final model was unveiled. With this edition Bugatti honors important personalities and cars in its company history. One year ago, the super sports car manufacturer presented the Legends model “Jean-Pierre Wimille” in California to inaugurate the series. The “Jean Bugatti” then followed at the IAA in Frankfurt and the “Meo Costantini“ at the Dubai Motorshow. Continuing the series, this year saw the world première of the “Rembrandt Bugatti” at the Automobile Salon in Geneva and “Black Bess” at Auto China in Peking. Bugatti completed the series with the presentation of the final Legend “Ettore Bugatti” at the Monterey Car Week in California just a few weeks ago. “The Legends edition is an impressive part of the Veyron’s success story. Now the car has reached the finishing straight. -
Bugatti: with Our History at Heart and Our Eyes on the Future
Bugatti: with our history at heart and our eyes on the future Bugatti celebrates its 110th anniversary with two world premieres at Geneva Motor Show Molsheim, 5 March 2019. What a start to an anniversary year. At the first major international motor show in 2019, Bugatti is presenting two world premieres. At the Geneva Motor Show, the French luxury brand is showing the hyper sports car “La Voiture Noire1“ and the Chiron Sport “110 ans Bugatti”. The special edition of the Chiron Sport , which is being produced in a limited series of 20 cars, celebrates the brand’s 110th anniversary as well as its French identity. However, the highlight will be the unveiling of “La Voiture Noire”, which had been kept secret up to the beginning of the show. This is a homage to the legendary Bugatti Type 57 SC Atlantic. This one-off grand tourisme has already been sold and is the world’s most expensive new car, at €11 million. “In 2019, we are celebrating a special anniversary. Bugatti was established 110 years ago. These two models pay homage to our long tradition and to our French homeland,” says Bugatti president Stephan Winkelmann. The third model on the Bugatti stand is also in line with this approach: the Bugatti Divo2, is a hyper sports car which is being produced in a limited edition of 40 vehicles. With its modified aerodynamics, it is designed for even higher lateral acceleration than the Chiron3 and ensures extreme driving pleasure. With “La Voiture Noire“, the French luxury automobile brand has once again shown that it produces the world’s most precious and exclusive hyper sports cars. -
Audi Driving Experience Advanced Driving
Audi Vorsprung durch Technik AUDI AG Audi driving experience Advanced driving. D-85045 Ingolstadt Audi at the World Economic Forum Annual Meeting 2015 Tel.: +49 (0)841/89 - 3 62 83 Fax.: +49 (0)841/89 - 84 3 62 83 E-mail: [email protected] www.audi.com/driving Ladies and Gentlemen, at this year’s World Economic Forum, our focus is the No other automobile could serve this get “new global context.” We share an interconnected together of VIPs here in Davos better than the world where the pace of change seems to be Audi A8. As the sportiest premium sedan in its increasing exponentially. A world in which class on the market, the Audi A8 offers an long-standing assumptions about business and unparalleled combination of luxury and driving politics as usual are being upended by demographic performance. With its uncompromising design, shifts, political transformations, the threat of driving dynamic, fuel efficiency and safety features, climate change, and technological breakthroughs the A8 and the athletic S8 version imbue the that impact every aspect of society. Navigating Audi driving experience with grace and power. these challenges now and in the future will take the kind of innovation and leadership that’s behind Whether you’re behind the wheel of the sporty the Audi philosophy of “Vorsprung durch Technik.” new Audi TT coupe or the elegant Audi A8, both driving experiences underscore the Audi commitment The third generation of the legendary Audi TT to making the journey just as important as the perfectly embodies our belief that “sustainable” destination. -
Awards for Audi in December 2013
Product and Technology Communications Eva Backes Tel: +49 841 89-42480 E-mail: [email protected] www.audi -mediaservices.com Awards for Audi in December 2013 Ingolstadt, January 15, 2014 Audi Chairman Rupert Stadler honored as “Influencer of the Year” Rupert Stadler, Chairman of the Board of Management of AUDI AG, has been voted “Influencer of the Year” by roughly 100 managers of the German automotive industry. The vote was taken during the “StrategyCircle Automobilindustrie” conference, where managers from carmakers and suppliers discuss future trends and the challenges facing the industry. (December 11, 2013) Audi wins four Connected Car awards Audi was honored four times with the Connected Car Award 2013, more than any other carmaker. “Auto Bild” and “Computer Bild” presented the awards for the first time in 2013. Audi won the “Pioneer Award” for piloted driving. The company also received awards for navigation using Google Earth images; in the category “Telephone” for the Audi phone box and in the category “Internet” for the LTE WLAN hotspot. The awards were presented during the International CES (Consumer Electronics Show) in Las Vegas. (December 13, 2013) Audi R8 is “Best Supercar” and “Car of the Year” in Australia The Audi R8 V10 plus has won two important awards in Australia: The Australian version of “Top Gear” honored the sports car as “Best Supercar of 2013,” and “Motor Magazine” named it “Performance Car of the Year.” (December 5, 2013) Audi S5 wins American “Ward’s 10 Best Engines Award” The Audi S5 has won the American “Ward’s 10 Best Engines Award.” The editors of “WardsAuto” tested 44 different engines. -
Volkswagen's Supervisory Board Asserts Claims for Damages Against
Media information NO. 51/2021 Volkswagen’s Supervisory Board asserts claims for damages against Prof. Martin Winterkorn and Rupert Stadler • Supervisory Board concludes review of liability claims following extensive investigation • Breach of duty of care by Prof. Martin Winterkorn and Rupert Stadler • No breaches of duty by other members of the Group Board of Management • Supervisory Boards of AUDI and Porsche also see breach of duty of care Wolfsburg, March 26, 2021 – The Supervisory Board of Volkswagen AG has drawn a line under its clarification process and ended its investigation started in October 2015 into the causes of the diesel crisis and who was responsible for this. As a result, the Supervisory Board decided at its meeting today to assert claims for damages against the former Chairman of the Group Board of Management, Prof. Martin Winterkorn, and the former Group Board of Management member and Chairman of the Board of Management of AUDI AG, Rupert Stadler, on account of breaches of the duty of care under stock corporation law. No breaches of duty by other members of the Group Board of Management were identified. The law firm Gleiss Lutz carried out an extensive review of liability claims on behalf of the Supervisory Board and has now submitted the final results of its investigation to the Board. The Supervisory Board’s resolution is based on the expert opinion drawn up by Gleiss Lutz, which concluded that negligent breaches of duty had occurred. The investigation covered all members of the Board of Management who were in office during the relevant period. As part of this, over 65 petabytes of data were secured and a total of more than 480 million documents transferred to data rooms. -
High Performance Coating Materials …
High Performance Coating Materials … … in the Exclusive Bugatti Veyron 16.4 Sports Car In 1939, French racing driver Pierre Veyron drove a Bugatti to victory in the famous Le Mans 24-hour race. The Volkswagen Group has revived the Bugatti automotive division and brand as part of its luxury car segment. In honor of Pierre Veyron, the new, exclu- sive sports car has been named Bugatti Veyron. The Bugatti Veyron features several exceptional characteristics. With engine power of 1001 hp, the Bugatti has a top speed greater than 400 km / h (250 mph). The W-type engine features 16 cylinders, four exhaust-gas turbo- chargers, and two charge cooling devices. Its extremely compact design saves space and weight to give the Bugatti Veyron its exceptional power- to-weight ratio of 529 bhp / tonne. Photos and logo courtesy of Bugatti Automobiles S.A.S FLY-0024.2 – Bugatti © 2018 Oerlikon Metco 1 The cylinder surfaces of this engine By order of Bugatti, the W-16 engines employ a highly technical coating solu- are coated by Oerlikon Metco CS tionsfriction. This solution favors com- Automotive. These key figures clearly pact engine design, lightweight con- show the performance of the coatings, struction and low friction loss – critical which are applied by means of the factors for this high-performance Metco RotaPlasma™ process. automobile. Oerlikon Metco has very broad experi- Over the last 10 years, Oerlikon Metco ence providing high quality, technical has developed and optimized this tech- solutions for every type of combustion nology for cylinder bores using thermal engine, whether gasoline or diesel, for spray technology. -
Annual Report 20202020 Key Figures
Annual Report 20202020 Key figures 2020 2019 2018 IFRS IFRS IFRS Porsche SE Group Total assets € million 36,250 35,592 33,708 Equity € million 35,946 35,284 33,416 Investments accounted for at equity € million 35,259 34,597 32,518 Result from investments accounted for at equity € million 2,641 4,406 3,641 Revenue € million 107 116 103 Personnel expenses € million 80 80 77 Financial result € million 54 24 – 3 Result before tax € million 2,646 4,416 3,514 Result after tax € million 2,624 4,408 3,491 Earnings per ordinary share 1 € 8.56 14.39 11.39 Earnings per preference share 1 € 8.57 14.39 11.40 Net liquidity € million 563 553 864 Employees on 31 December 916 951 935 2020 2019 2018 HGB HGB HGB Porsche SE Net profit € million 703 788 480 Net profit available for distribution € million 676 952 676 Dividend per ordinary share € 2.204 2 2.204 2.204 Dividend per preference share € 2.210 2 2.210 2.210 1 Basic and diluted 2 Proposal to the annual general meeting of the Porsche SE Investments of Porsche SE Core Investment Stake of ordinary shares: 53.3 % (Represents a stake of subscribed capital: 31.4 %) Further Investments Minority stakes Status 10 March 2021 2020 “The fiscal year 2020 was also challenging for Porsche SE. We recorded a positive group result after tax of around 2.6 billion euro, despite conditions remaining difficult overall.” Hans Dieter Pötsch 3 1To our shareholders 6 Letter to our shareholders 8 Company boards of Porsche Automobil Holding SE and their appointments 10 Report of the supervisory board 18 Porsche SE share 26 4 -
Stephan Winkelmann to Be New President of Bugatti
Stephan Winkelmann to be new President of Bugatti MOLSHEIM 20 10 2017 WITH EFFECT FROM 1 JANUARY 2018, STEPHAN WINKELMANN (53) IS TO BE THE PRESIDENT OF BUGATTI AUTOMOBILES S.A.S. • Wolfgang Dürheimer to retire at his own request • Winkelmann comes from Audi Sport GmbH • Handover to take place at the end of the year With effect from 1 January 2018, Stephan Winkelmann (53) is to be the President of Bugatti Automobiles S.A.S. He is taking over from Wolfgang Dürheimer (59), who will then have held this position for five years in total and is retiring at his own request at the end of 2017. Matthias Müller, Chairman of the Board of Management of the Volkswagen Group: ”I accept Wolfgang Dürheimer’s wish to retire. I sincerely thank him for the outstanding work he has done in various positions in the Volkswagen Group over 18 years. At Bugatti he successfully completed the era of the Veyron and, with the development of the Chiron1, he has opened an exciting new chapter for the brand.” “With Stephan Winkelmann, a proven expert in sports cars and the luxury sector is coming to Bugatti“, continues Matthias Müller. “I am convinced that Stephan Winkelmann will use his many years of experience in these fields as well as his sense of dealing with an exclusive clientele and his deep understanding for brands to bring new momentum to Bugatti’s further development and to lead this special brand into a sustainable future.“ Stephan Winkelmann comes from Audi Sport GmbH, where he has been Managing Director since the spring of 2016. -
Ferdinand Piëch: 17 April 1937 to 25 August 2019
www.porscheroadandrace.com Ferdinand Piëch: 17 April 1937 to 25 August 2019 Published: 28th August 2019 By: Glen Smale Online version: https://www.porscheroadandrace.com/ferdinand-piech-17-april-1937-to-25-august-2019/ Professor Ferdinand Porsche (centre) with F. A. ‘Butzi’ Porsche (left) and Ferdinand Piëch (right), ca. 1949 Ferdinand Karl Piëch was born in Vienna, Austria, on 17 April 1937, to Louise (daughter to Ferdinand and sister of Ferry Porsche) and Anton Piëch, a lawyer. He was the grandson of Ferdinand Porsche, from whom he undoubtedly inherited his love for all things mechanical. www.porscheroadandrace.com A 1966 Porsche 906 which laid the foundation for the generation of Porsche prototype racers that followed from the mid-1960s to the mid-1970s Piëch graduated from the ETH Zurich (university for science and technology) in Switzerland in 1962, with a degree in mechanical engineering. His Master’s thesis was unsurprisingly written on the development of a Formula One engine as the Type 804 F1 race car was being developed at Porsche at that time. From 1963 to 1971, he worked at the family firm in Stuttgart where he introduced many significant changes in the company’s policy. As the head of Research & Development, which included motorsport, he was instrumental in the development of the Porsche 906, 910, 907, 908, 909 and of course the iconic Porsche 917 that ruled the circuits up to 1971. www.porscheroadandrace.com A 1968 Porsche 908 LH Coupé in the Porsche Museum, Stuttgart www.porscheroadandrace.com This Porsche 917 LH was entered by John Woolfe Racing in the 1969 Le Mans 24 Hours, the first privately entered 917 to compete in this famous endurance race www.porscheroadandrace.com Entered by Zitro Racing, this car was the only privately entered Porsche 917 K at the 1971 Le Mans 24 Hours In order to prevent disagreements among the family members who worked at Porsche, Ferry decreed in early 1972 that all Porsche family members were to withdraw from the management of the company. -
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.