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FACTS AND FIGURES Navigator 2014 moving ideas FACTS AND FIGURES Navigator 2014 The Navigator 2014 web-application is available for tablets und PC's: navigator.volkswagenag.com TABLE OF CONTENTS 3 The Volkswagen Group 4 Board of Management of Volkswagen AG 6 Supervisory Board 7 Key Figures 8 Five-Year Review 10 Volkswagen Share Key Figures 12 Share Price Development from Dec. 2008 to Dec. 2013 14 Production Sites 16 Germany 16 Europe 20 North/South America 26 South America/South Africa 27 Asia/Pacifik 28 Group Production Sites 32 Deliveries of Vehicles to Customers 36 Environment and Transport 38 Developments in Workforce 40 Employees in Technical Development 44 Procurement Volumes by Brand and Company 46 Organizational Charts 47 Volkswagen Passenger Cars 47 Audi 48 SEAT 49 ãKODA 50 Bentley 51 Bugatti 52 Lamborghini 53 Porsche 54 Ducati 55 Volkswagen Commercial Vehicles 56 Scania 57 MAN SE 58 Volkswagen Financial Services AG 59 Historical Notes 60 The Model Range of the Volkswagen Group 88 Volkswagen Passenger Cars 90 Audi 99 SEAT 106 ãKODA 109 Bentley 114 Bugatti 115 Lamborghini 115 Porsche 117 Ducati 120 Volkswagen Commercial Vehicles 123 Scania 128 MAN SE 129 Other Business Fields 132 4 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 2013, the Group increased the number of vehicles delivered to customers to 9.731 million (2012: 9.276 million), corresponding to a 12.8 percent share of the world passenger car market. In Western Europe, almost one in four new cars (24.8 percent) is made by the Volkswagen Group. Group sales revenue in 2013 totaled €197 billion (2012: €193 billion), while profit after tax amounted to €9.145 billion (2012: €21.9 billion). The Group comprises twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. Each brand has its own character and operates as an in dependent entity on the market. The product spectrum ranges from motorcycles to lowconsumption small cars and luxury vehicles. In the commercial vehicle sector, the products in clude ranges from pickups, buses and heavy trucks. www.volkswagenag.com 5 The Volkswagen Group is also active in other fields of business, manufacturing largebore diesel engines for marine and stationary applications (turnkey power plants), turbochargers, turbomachinery (steam and gas turbines), compressors and chemical reactors. It also produces vehicle transmissions, special gear units for wind turbines, slide bearings and couplings as well as testing systems for the mobility sector. In addition, the Volkswagen Group offers a wide range of financial services, including dealer and customer financing, leasing, banking and insurance activities, and fleet manage ment. The Group operates 106 production plants in 19 European countries and a further eight countries in the Americas, Asia and Africa. Every weekday, 572,800 employees worldwide produce some 39,350 vehicles, and work in vehiclerelated services or other fields of business. The Volks wagen Group sells its vehicles in 153 countries. The Group’s goal is to offer attractive, safe and environ mentally sound vehicles which can compete in an increasingly tough market and set world standards in their respective class. December 31, 2013 6 BOARD OF MANAGEMENT OF VOLKSWAGEN AG Board of Management of Volkswagen Aktiengesellschaft Prof. Dr. Dr. h.c. mult. Martin Winterkorn Chairman, Research and Development Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement Prof. Dr. rer. pol. Dr.-Ing. E. h. Jochem Heizmann China Christian Klingler Sales and Marketing Dr.-Ing. E. h. Michael Macht Production Prof. Dr. rer. pol. Horst Neumann Human Resources and Organization Dr. h.c. Leif Östling Commercial Vehicles Hans Dieter Pötsch Finance and Controlling Prof. Rupert Stadler Chairman of the Board of Management of AUDI AG December 31, 2013 SUPERVISORY BOARD www.volkswagenag.com/ir 7 Hon.-Prof. Dr. techn. h.c. Olaf Lies Dipl.-Ing. ETH Ferdinand K. Piëch Minister of Economic Affairs, Labor (Chairman) and Transport for the Federal State of Lower Saxony Berthold Huber (Deputy Chairman) Hartmut Meine IG Metall Director of the Lower Saxony and Saxony-Anhalt Regional Office of IG Metall Dr. Hussain Ali Al-Abdulla Board member of Qatar Holding Peter Mosch LLC Chairman of the General Works Council of AUDI AG Ahmad Al-Sayed CEO of the Qatar Investment Bernd Osterloh Authority and Managing Director Chairman of the General and (CEO) of Qatar Holding LLC Group Works Councils of Volkswagen AG Jürgen Dorn Chairman of the Works Council at Dr. jur. Hans Michel Piëch the MAN Truck & Bus AG Munich Lawyer in private practice plant, Chairman of the General Works Council of MAN Truck & Bus Ursula Piëch AG and Chairman of the Group Supervisory Board member of Works Council and the SE Works AUDI AG Council of MAN SE Dr. jur. Ferdinand Oliver Porsche Annika Falkengren Member of the Board of President and Group Chief Management of Familie Porsche Executive of Skandinaviska AG Beteiligungsgesellschaft Enskilda Banken AB Dr. rer. comm. Wolfgang Porsche Dr. jur. Hans-Peter Fischer Chairman of the Supervisory Board Chairman of the Board of of Porsche Automobil Holding SE; Management of Volkswagen Chairman of the Supervisory Board Management Association of Dr. Ing. h.c. F. Porsche AG Uwe Fritsch Stephan Weil Chairman of the Works Council at Minister-President of the Federal the Volkswagen AG Braunschweig State of Lower Saxony plant Stephan Wolf Babette Fröhlich Deputy Chairman of the General IG Metall, Department head for and Group Works Councils of coordination of Executive Board Volkswagen AG duties and planning Thomas Zwiebler Chairman of the Works Council of Volkswagen Commercial Vehicles December 31, 2013 8 KEY FIGURES VOLKSWAGEN GROUP Volume Data 1 2013 2012 % Vehicle sales (units) 9,728,250 9,344,559 + 4.1 Production (units) 9,727,848 9,255,384 + 5.1 Employees at Dec. 31 572,800 549,763 + 4.2 Financial Data (IFRSs), € million 2013 2012 2 % Sales revenue 197,007 192,676 + 2.2 Operating profit 11,671 11,498 + 1.5 Profit before tax 12,428 25,487 – 51.2 Profit after tax 9,145 21,881 – 58.2 Profit attributable to Volkswagen AG shareholders 9,066 21,712 – 58.2 Cash flows from operating activities 12,595 7,209 + 74.7 Cash flows from investing activities 14,936 16,840 – 11.3 Automotive Division 3 EBITDA 4 20,594 19,895 + 3.5 Cash flows from operating activities 20,612 16,232 + 27.0 Cash flows from investing activities attributable to operating activities 5 16,199 16,455 – 1.6 of which: investments in property, plant and equipment 11,040 10,271 + 7.5 as a percentage of sales revenue 6.3 5.9 capitalized development costs 4,021 2,615 + 53.8 as a percentage of sales revenue 2.3 1.5 Net cash flow 4,413 – 223 x Net liquidity at Dec. 31 16,869 10,573 + 59.5 Return ratios in % 2013 2012 Return on sales before tax 6.3 13.2 Return on investment in the Automotive Division 14.5 16.6 Return on equity before tax (Financial Services Division) 6 14.3 13.1 www.volkswagenag.com/ir 9 VOLKSWAGEN AG Volume Data 2013 2012 % Vehicle sales (units) 2,495,745 2,580,266 – 3.3 Production (units) 1,169,151 1,148,774 + 1.8 Employees at Dec. 31 107,559 101,794 + 5.7 Financial Data (HGB), € million 2013 2012 % Sales 65,587 68,361 – 4.1 Net income 3,078 6,380 – 51.8 1) Volume data including the unconsolidated Chinese joint ventures. 2) Prior-year figures adjusted to reflect application of IAS 19R. 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: €14,497 million (€12,528 million). 6) Profit before tax as a percentage of average equity. December 31, 2013 10 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 attributable to operating activities * Prior-year figures adjusted to reflect application of IAS 19R. www.volkswagenag.com/ir 11 2013 2012* 2011 2010 2009 9,728 9,345 8,361 7,278 6,310 1,187 1,207 1,211 1,059 1,288 8,541 8,137 7,150 6,219 5,022 9,728 9,255 8,494 7,358 6,055 2,458 2,321 2,640 2,115 1,938 7,270 6,934 5,854 5,243 4,117 563 533 454 389 367 255 237 196 178 173 308 296 258 210 194 2013 2012* 2011 2010 2009 197,007 192,676 159,337 126,875 105,187 12,428 25,487 18,926 8,994 1,261 9,145 21,881 15,799 7,226 911 12,595 7,209 8,500 11,455 12,741 14,936 16,840 16,002 9,278 10,428 December 31, 2013 12 VOLKSWAGEN SHARE KEY FIGURES Dividend development Number of no-par value shares at Dec. 31 Ordinary shares thousands Preferred shares thousands Dividend 1 per ordinary share € per preferred share € Share price development 2 Ordinary shares Closing € Annual high € Annual low € Preferred shares Closing € Annual high € Annual low € Market capitalization at Dec.