Navigator 2018 Publication
Total Page:16
File Type:pdf, Size:1020Kb
2018 Volkswagen Aktiengesellschaft Global Group Communications Brie ach 1972 38436 Wolfsburg Navigator 872.802.544.20 Printed in Germany FACTS ANDFACTS FIGURES Shaping the transformation together. FACTS AND FIGURES Navigator 201 www.volkswagenag.com FACTS AND FIGURES Navigator 2018 Further facts and figures of the Volkswagen Group are available within our web-application for tablet, smartphone and PC: navigator.volkswagenag.com navigator.volkswagenag/mobile 2 TABLE OF CONTENTS 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 Production Sites 14 Germany 14 Europe 18 North/South America 24 South America/South Africa 25 Asia/Pacific 26 Group Production Sites by Countries 30 Group Production Sites by Brands 30 Deliveries of Vehicles by Markets 34 Environment and Transport 36 Developments in Workforce 38 Employees in Technical Development 42 Procurement Volumes by Market 44 Organizational Charts 46 Volkswagen Pkw 46 AUDI AG 47 SEAT, S.A. 48 ŠKODA AUTO a.s. 49 BENTLEY MOTORS LIMITED 50 BuGatti 51 Automobili Lamborghini S.p.A. 52 Dr. Ing. h.c. F. Porsche AG 53 Ducati Motor Holding S.p.A. 54 Volkswagen Truck & Bus GmbH 55 Volkswagen Commercial Vehicles 56 Scania AB 57 MAN SE 58 MAN Truck & Bus 59 MAN Latin America 60 MAN Diesel & Turbo SE 61 Renk AG 62 Volkswagen Financial Services AG 63 TABLE OF CONTENTS 3 Historical Notes 64 The Model Range of the Volkswagen Group 96 Volkswagen Passenger Cars 96 Audi 105 SEAT 114 ŠKODA 117 Bentley 122 Lamborghini 124 Bugatti 125 Porsche 126 Ducati 131 Volkswagen Commercial Vehicles 136 Scania 141 MAN 143 MAN Latin America 145 Other Business Fields 146 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 difficult market conditions, the number of Group vehicles delivered to customers rose to 10.741 million in 2017 (2016: 10.297 million). The global car market share rose slightly to 12.1 percent. 22.0 percent of the new cars in Western Europe originate in the production of the Volkswagen Group. Group sales revenue in 2017 totaled €231 billion (2016: €217 billion), while earnings after tax amounted to €11.6 billion (2016: €5.4 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 independent entity on the market. The product spectrum ranges from motor cycles to small cars and luxury vehicles. In the commercial vehicle sector, the products include ranges from pickups, buses and heavy trucks. The Volkswagen Group is also active in other fields of business, manufacturing largebore diesel engines for marine and statio nary applications, turbochargers and machinery, special gear units, compressors and chemical reactors. In addition, the Volkswagen Group offers a wide range of financial services, including dealer and customer financing, leasing, banking and insurance activities, and fleet management. www.volkswagenag.com 5 The Group operates 120 production plants in 20 European countries and a further 11 countries in the Americas, Asia and Africa. Every weekday, 642,292 employees worldwide produce around 44,170 vehicles, and work in vehiclerelated services or other fields of business. The Volkswagen Group sells its vehicles in 153 countries. With its “TOGETHER – Strategy 2025” future program, the Volkswagen Group is paving the way for the biggest change process in its history: the realignment of one of the best car makers to become a globally leading provider of sustainable mobility. In order to achieve this, the Group will be trans forming its automotive core business and will be launching a further 30plus fully electric cars by 2025, as well as expanding battery technology and autonomous driving as new core com petences. Furthermore, a crossbrand business unit for intel ligent mobility solutions is to be established as a second pillar. The strategic investment in ondemand mobility provider Gett was the first step in this direction; over the coming years, further services such as robotaxis, carsharing or transport ondemand will be grouped around this nucleus. The success ful transformation requires the Group to place its innovation power on an even broader footing: the Group is driving for ward with digitalization across all brands, areas and functions. At the same time, Volkswagen will rely to a greater extent than before on partnerships, acquisitions and strategic investments. To finance investments in future topics, the Group aims to significantly increase efficiency across all areas, brands and regions. Status as of December 31, 2017 6 BOARD OF MANAGEMENT OF VOLKSWAGEN AG Board of Management of Volkswagen Aktiengesellschaft Matthias Müller Chairman Dr. rer. soc. Karlheinz Blessing Human Resources and Organization Dr.-Ing. Herbert Diess Chairman of the Brand Board of Management of Volkswagen Passenger Cars Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement Prof. Dr. rer. pol. Dr.-Ing. E. h. Jochem Heizmann China Andreas Renschler Commercial Vehicles Prof. Rupert Stadler Chairman of the Board of Management of AUDI AG Hiltrud Dorothea Werner Integrity and Legal Affairs Frank Witter Finance and Controlling Status as of February 01, 2018 SUPERVISORY BOARD www.volkswagenag.com/ir 7 Hans Dieter Pötsch Johan Järvklo (Chairman) Chairman of IF Metall at Scania AB Chairman of the Executive Board and Chief Financial Officer of Ulrike Jakob Porsche Automobil Holding SE Deputy Chairwoman of the Works Council of Volkswagen AG, Kassel Jörg Hofmann plant (Deputy Chairman) First Chairman of IG Metall Dr. Louise Kiesling Designer and entrepreneur Peter Mosch Chairman of the General Works Dr. Hussain Ali Al-Abdulla Council of AUDI AG Minister of State Bertina Murkovic Dr. Hessa Sultan Al-Jaber Chairwoman of the Works Council Minister of State of Volkswagen Commercial Vehicles Dr. Bernd Althusmann Bernd Osterloh Minister of Economic Affairs, Labor, Chairman of the General and Transport and Digitalization for the Group Works Councils Federal State of Lower Saxony of Volkswagen AG Birgit Dietze Dr. jur. Hans Michel Piëch Secretary of the Board of IG Metal Lawyer in private practice Annika Falkengren Dr. jur. Ferdinand Oliver Porsche Managing Partner of Member of the Board of Compagnie Lombard Odier SCmA Management of Familie Porsche AG May 3, 2011 – February 5, 20181 Beteiligungsgesellschaft Dr. jur. Hans-Peter Fischer Dr. rer. comm. Wolfgang Porsche Chairman of the Board of Chairman of the Supervisory Board Management of Volkswagen of Porsche Automobil Holding SE, Management Association Chairman of the Supervisory Board Marianne Heiß of Dr. Ing. h.c. F. Porsche AG Chief Financial Officer of BBDO Athanasios Stimoniaris Group Germany GmbH, Düsseldorf Chairman of the Works Council and from February 14, 20181 of the General Works Council of Uwe Hück MAN Truck & Bus AG and Chairman Chairman of the General and of the Group Works Council of Group Works Councils of MAN SE and the SE Works Council Dr. Ing. h.c. F. Porsche AG Stephan Weil Minister-President of the Federal State of Lower Saxony 1) Beginning or period of membership of the Supervisory Board. Status as of February 01, 2018 8 KEY FIGURES VOLKSWAGEN GROUP Volume Data 1 in thousands 2017 2016 % Deliveries to customers (Units) 10,741 10,297 + 4.3 Vehicle Sales (Units) 10,777 10,391 + 3.7 Production (Units) 10,875 10,405 + 4.5 Employees at Dec. 31 642.3 626.7 + 2.5 Financial Data (IFRSs), € million 2017 2016 % Sales Revenue 230,682 217,267 + 6.2 Operating result before special items 17,041 14,623 + 16.5 as a percentage of sales revenue 7.4 6.7 Special items – 3,222 – 7,520 – 57.1 Operating result 13,818 7,103 + 94.5 Operating return on sales (%) 6.0 3.3 Earnings before tax 13,913 7,292 + 90.8 Return on sales before tax (%) 6.0 3.4 Earnings after tax 11,638 5,379 x Automotive Division 2 Total research and development costs 13,135 13,672 – 3.9 R&D ratio (%) 6.7 7.3 Cash flows from operating activities 11,686 20,271 – 42.4 Cash flows from investing activities attributable to operating activities3 17,636 15,941 + 10.6 of which: capex 12,631 12,795 – 1.3 Capex/sales revenue (%) 6.4 6.9 Net cash flow – 5,950 4,330 x Net liquidity at Dec. 31 22,378 27,180 – 17.7 Return on investment (ROI) in % 12.1 8.2 Financial Services Division Return on equity before tax 4 (%) 9.8 10.8 www.volkswagenag.com/ir 9 VOLKSWAGEN AG Volume Data in thousands 2017 2016 % Employees at Dec. 31 117.4 113.9 + 3.1 Financial Data (HGB), € million 2017 2016 % Sales 76,729 75,310 + 1.9 Net income for the fiscal year 4,353 2,799 + 55.5 1) Volume data including the unconsolidated Chinese joint ventures. These companies are accounted for using the equity method. 2016 deliveries updated to reflect subsequent statistical trends. 2) Including allocation of consolidation adjustments between the Automotive and Financial Services divisions. 3) Excluding acquisition and disposal of equity investments: €17,512 (€18,224) million. 4) Earnings before tax as a percentage of average equity. This version of the annual report is a translation of the German original. The German takes precedence. All figures shown in the report are rounded, so minor discrepancies may arise from addition of these amounts. The figures from the previous fiscal year are shown in parantheses directly