Category Archives: Volkswagen

Volkswagen

plug-in hybrid drives, TDI, 4MOTION – new Passat can now be ordered with additional drive variants from 41,745 euros

Volkswagen is considerably increasing the vary of drive methods which might be accessible for the brand new Passat: pre-sales of two new plug-in hybrid drives at the moment are beginning. The eHybrid fashions have outputs of 150 kW (204 PS) and 200 kW (272 PS). Electric ranges of as much as 120 km imply they grow to be electrical automobiles in on a regular basis life. Two additional turbodiesel (TDI) variations are additionally being launched: the Passat TDI with 90 kW (122 PS) would be the entry-level model in future. The strongest TDI engine within the Passat will now ship 142 kW (193 PS) and is coupled to the 4MOTION all-wheel drive as normal. The new Passat has already been accessible for configuration with a light hybrid drive (eTSI) and a TDI with 110 kW (150 PS) since autumn final 12 months.

Four strains. The Passat is mostly provided as a Variant in addition to within the gear strains Passat (entry-level model), Business, Elegance and R-Line. The Business model is geared to frequent enterprise drivers, whereas the Elegance and R-Line variations provide the top-of-the-line specification packages. The completely different drive variants are linked to particular gear strains:

Plug-in hybrid drive with 150 kW and 200 kW. The two Passat eHybrid fashions have one of many world’s most fashionable plug-in hybrid drive methods on board. An 85 kW electrical motor is mixed with a 110 kW (150 PS) or 130 kW (177 PS) high-tech turbocharged petrol engine (1.5 TSI evo2). As each Passat eHybrids allow an electrical vary of as much as 120 km, they usually grow to be electrical automobiles in on a regular basis life. This is all of the extra true as their 19.7 kWh battery takes on new power with a charging capability of 11 kW at an AC wall field and as much as 50 kW at DC quick-charging stations. Both eHybrid fashions are additionally supreme long-distance automobiles due to their lengthy mixed ranges. The Passat eHybrid with 150 kW (204 PS) system energy (350 Nm system torque) might be configured at costs from 50,320 euros and within the Passat, Business and Elegance gear strains. The 200 kW (272 PS) model has a system torque of 400 Nm, begins at 62,470 euros and might be ordered along with the Elegance and R-Line specs.

TDI with 90 kW. The new Passat TDI with 90 kW (122 PS) is without doubt one of the most economical property fashions within the mid-sized class. With a most torque of 320 Nm, even the smallest turbodiesel engine within the Passat vary affords superior energy supply. The Passat might be ordered with this drive system at costs from 41,745 euros; the 90 kW TDI is obtainable for the Passat and Business gear strains.

TDI 4MOTION with 142 kW. The Passat is certainly one of Europe’s most profitable enterprise automobiles. The highly effective turbodiesel engines are notably well-liked with frequent drivers. The motive for that is that they provide giant energy reserves with the bottom consumption values. A first-rate instance of that is the Passat TDI 4MOTION with 142 kW (193 PS) and all-wheel drive as normal. Other benefits of the highly effective Passat TDI 4MOTION drive embrace optimum traction on any terrain and a most trailer weight of two,200 kg. The Passat TDI 4MOTION can now be ordered at costs from 57,475 euros; it’s completely reserved for the 2 high variations Elegance and R-Line.

TDI and eTSI with 110 kW. It has already been potential to configure the Passat fashions with 110 kW (150 PS) TDI and eTSI engines since November final 12 months. The Passat eTSI (gentle hybrid) is provided with a 48 V belt-driven starter alternator and might be ordered at costs ranging from 39,995 euros; the eTSI is out there for the Passat and Business gear strains. The 110 kW TDI begins at 48,495 euros and might be configured within the Business, Elegance and R-Line gear strains.

Volkswagen

Brand Group Core improves end result and return in 2023 – nearer cooperation between the amount manufacturers is gaining traction

The Brand Group Core delivered strong monetary ends in 2023. Higher quantity and value results, improved availability of elements and decrease mounted prices had a constructive impact, whereas larger product prices and the deconsolidation of Volkswagen Group Rus had a damaging affect on the end result. The world market and aggressive atmosphere stays difficult. The Brand Group Core is engaged on additional stabilizing its efficiency with a view to enhancing its resilience in opposition to exterior components, specifically given the slower growth of the e-mobility market in Europe.

The systematic growth of cooperation within the agreed cross-brand core motion areas is having a sustained constructive impact on key monetary efficiency indicators: Brand Group Core working revenue earlier than particular objects in 2023 grew 80% year-on-year to 7.3 billion euros (2022: 4.1 billion euros). The essential driver right here was a 19% enhance in unit gross sales to 4.826 million autos (2022: 4.069 million autos). Net money move elevated from 1.1 billion euros in 2022 to five.6 billion euros. This growth was mainly attributable to the one-off discount of inventories that largely corrected the stock build-up because of the scarcity of logistics assets within the earlier 12 months. The working return earlier than particular objects improved by 1.7 share factors to five.3% (2022: 3.6%), gross sales income climbed 21% to 138 billion euros (2022: 114 billion euros).

Brand Group Core improves result and return in 2023 – closer cooperation between the volume brands is gaining traction

Focus on rigorous price self-discipline and profitability within the Brand Group Core.

Thomas Schäfer, Member of the Board of Management of Volkswagen AG, Head of the Brand Group Core & CEO of the Volkswagen Passenger Cars Brand, stated: “The closer cooperation in the Brand Group Core is gaining traction. Our work is beginning to pay off. Our networking has become stronger and more systematic. We now have several projects where cooperation extends beyond former brand boundaries. We have the right team spirit. As the volume brands’ CEO team, we have pushed hard to drive this transformation forward in recent months. Our common goal: to fully exploit our performance potential as a brand group by sharing knowledge and working together to find the best solutions. With our strong, clearly differentiated models we ideally cover important market segments without cannibalizing business for our sister brands. And our networking will become ever closer in order to leverage our enormous combined potential even more effectively in future under difficult economic conditions and within a rapidly changing automotive industry. That is good for each brand, for the Group and for our customers.”

Key figures for the Brand Group Core:

Key financials

2023

2022

Change 23/22

Unit gross sales
(incl. different manufacturers’ autos)

4,826,276 autos

4,069,342 autos

+19%

Sales income

137.770 billion euros

113.762 billion euros

+21%

Operating revenue earlier than particular objects

7.273 billion euros

4.045 billion euros

+80%

Operating return earlier than particular objects

5.3%

3.6%

+1.7%-points

Net money move

5.625 billion euros

1.131 billion euros

All the person manufacturers Volkswagen, Škoda, SEAT/CUPRA and Volkswagen Commercial Vehicles contributed to the constructive total efficiency of the Brand Group Core – and thus additionally the Volkswagen Group – within the 2023 fiscal 12 months.

Unit gross sales on the Volkswagen model grew by 13% to 2,519 million autos (2022: 2,236 million autos) within the 2023 fiscal 12 months. The model’s gross sales income climbed to 86,4 billion euros (2022: 73,8 billion euros). The essential drivers right here have been the license enterprise with China and a powerful efficiency in after-sales enterprise. The working revenue earlier than particular objects of three.5 billion euros (2022: 2.6 billion euros) additionally mirrors the brand new give attention to effectivity and profitability. At 4.1%, the working return earlier than particular objects was 0.5 share factors above the determine for the earlier 12 months (2022: 3.6%). The improved working end in 2023 exhibits that the model is strengthening its resilience and enhancing its competitiveness. Given the growing depth of competitors worldwide and the related monumental stress on costs and prices, the efficiency program agreed final December will contribute to stabilizing the return on gross sales trajectory from 2024. The Volkswagen model is thus laying the groundwork to strengthen resilience in a persistently difficult market atmosphere.

Patrik A. Mayer, Member of the Board of Management of the Volkswagen Brand liable for “Finance”, commented: “The solid results for the 2023 fiscal year show we are becoming more financially robust. Volkswagen is the Group’s core brand and we must live up to our responsibility – with good products, and also with good figures. Systematically implementing our Accelerate Forward performance program will make us significantly more effective and faster by 2026: not only in our factories and in development, but also in administration and sales. We therefore believe we are well prepared for a demanding year in 2024 with its muted economic outlook.”

Škoda Auto additionally reported a profitable 2023 fiscal 12 months. Global unit gross sales by Škoda Auto final 12 months ran at 866,800 autos (+18,5%), with the all-electric Enyaq recording the very best progress (81,700 autos bought; +52%). The all-electric mannequin was one of many best-selling electrical autos in lots of European markets. The Škoda Auto Group reported report gross sales income of 26.5 billion euros in 2023 (2022: 21,0 billion euros; +26,2 %). The model’s working revenue earlier than particular objects got here in at 1.8 billion euros, 183% larger than the prior-year degree (2022: 0.63 billion euros).

At 6.7%, the working return earlier than particular objects was effectively above the extent of the earlier 12 months (2022: 3.0 %). These sturdy outcomes underpin the corporate’s strong enterprise mannequin for making the mandatory investments within the ongoing transformation to e-mobility.

SEAT/CUPRA placed on a convincing efficiency final 12 months with a marked 28% rise in unit gross sales to 602,000 autos (2022: 468,000 autos). The model reported 31% progress in gross sales income to 14,3 billion euros (2022: 10,9 billion euros). Operating revenue earlier than particular objects ran at 625 million euros, effectively up on the earlier 12 months’s determine of 33 million euros. The group-wide enhance in profitability is clearly seen: the working return earlier than particular objects rose to 4.4% (2022: 0.3%). This is mainly attributable to the success of CUPRA with larger unit gross sales and constructive results from effectivity enhancements.

Business growth on the Volkswagen Commercial Vehicles (VWN) model was additionally constructive: unit gross sales elevated by some 25% to 423,000 autos (2022: 340,000 autos) and gross sales income grew 34% to fifteen billion euros (2022: 11 billion euros). Furthermore, there was a 65% rise in working revenue earlier than particular objects to 873 million euros (2022: 529 million euros). Progress with driving profitability was confirmed by a rise within the working return earlier than particular objects to five.7%, in comparison with 4.6% within the earlier 12 months. This report efficiency is attributable to the model’s strong positioning. Vehicles for personal and industrial clients, the enduring ID.Buzz and the distinctive California fashions fulfill particular person buyer needs. This efficiency was achieved by the systematic implementation of the effectivity program at VWN and the related price self-discipline.

Outlook
The Brand Group Core plans to extend its end in 2024, bolstered by the associated results from the amount manufacturers’ ongoing efficiency packages.
Overall, the Brand Group Core continues to focus on an working return of 8% in 2026. Improved cooperation among the many sister manufacturers is predicted to leverage synergy and scale results and contribute to attaining this goal. This contains optimizing product prices, decreasing overheads below the assorted efficiency packages in place on the particular person manufacturers, and thereby safeguarding sustainable progress. In addition, the Brand Group Core plans additional quantity progress on account of the improved provide state of affairs for vital uncooked supplies and elements. Further progress in key areas (e.g. North America) in addition to the event of latest markets (e.g. Škoda Auto / Vietnam) are anticipated to have a constructive impact on return. The present fiscal 12 months will likely be formed by sturdy competitors, political challenges and the mandatory investments for the longer term. Clear-cut tasks and a task-sharing strategy kind the premise for the sturdy cooperation that can proceed to drive the success of the Brand Group and your complete Volkswagen Group in future.


Organizational observe:
Škoda Annual Press ConferenceFriday, March 15, 10:00 a.m.
VWN Annual Press ConferenceThursday, March 21, 09:00 a.m.
SEAT/CUPRA Annual Press Conference Thursday, March 21, 11:00 a.m.

Replay

Annual Media Call 2024

Fiscal Year 2023 of the Volkswagen Brand

Fiscal Year 2023 of the Volkswagen Brand

Charts Thomas Schäfer

Annual Media Call 2024

Charts Patrik Mayer

Annual Media Call 2024

More details about the Brand Group Core

Brand Group Core

The model group CORE is the organizational merger of the Volkswagen Group’s quantity manufacturers. With greater than half of the Group’s automobile gross sales and over 200,000 workers from 5 manufacturers, the cross-border model group CORE is the reply to lots of the challenges we’re at present dealing with.

Images

Volkswagen

Double world premiere of ID.3 GTX and ID.7 GTX Tourer: Volkswagen supplies preliminary details and images of the sporty electrical fashions

  • New ID.3 GTX: top quality ID.3 mannequin ensures convincing efficiency because of Volkswagen’s strongest electrical drivetrain
  • New ID.7 GTX Tourer: most efficiency meets massive load area – the all-wheel drive Tourer is essentially the most highly effective Volkswagen property constructed thus far
  • Successful GTX idea: each fifth ID.4 and ID.5 in Europe is already a GTX mannequin – Volkswagen is now transferring the GTX idea to different ID. product strains

Volkswagen is increasing its vary of sporty GTX fashions. As a double world premiere, the brand new ID.3 GTX and ID.7 GTX Tourer fashions are actually the primary to make their debut. The two extremely dynamic Volkswagen fashions can be launched quickly with a person exterior design, together with their very own entrance and rear mild signatures, sporty design particulars within the inside and highly effective efficiency drives. The sportiest fashions from the all-electric ID. product line have already borne the GTX label since 2021 – primarily based on the dynamic Volkswagen fashions with the designations GTI, GTD or GTE.

The all-electric Volkswagen ID.3 GTX

Near-production vehicle.

GTX success story. The sporty and dynamic GTX fashions provide a unique and significantly fascinating kind of electrical mobility. The truth that each fifth newly registered ID.4 and ID.5 in Europe is already a GTX mannequin exhibits simply how standard that is with clients. Volkswagen has now transferred the profitable driving dynamics to the ID.3 GTX and ID.7 GTX Tourer – with a person technical setup in every case.

The all-electric Volkswagen ID.3 GTX

Near-production vehicle.

The character of the ID.3 GTX. Volkswagen will launch the rear-wheel drive ID.3 GTX in two variants. The top-of-the-line mannequin is the ID.3 GTX Performance – a quick, compact sports activities automotive. Kai Grünitz, Member of the Volkswagen Brand Board of Management answerable for Development, says: “With its spontaneous and superior power delivery, the new ID.3 GTX Performance is for me the electric counterpart to our sporty compact icon, the Golf GTI Clubsport. Of course, an electric drive and a turbocharged petrol engine each have their own unique character. Yet the ID.3 GTX Performance and the Golf GTI Clubsport share the same fascinating lightness when they accelerate.” Grünitz continues: “With the ID.3 GTX, Volkswagen is transferring the almost 50-year tradition of its compact GT models into the world of electric mobility. Driving pleasure is guaranteed.”

The all-electric Volkswagen ID.3 GTX

Near-production vehicle.

The design and tools of the ID.3 GTX. The ID.3 GTX stands out from all different fashions within the product line because of its individualised exterior design. The GTX-specific entrance bumper encompasses a new impartial black air consumption in a diamond-style design and has new daytime working lights on the left and proper. The black parts of the physique have a high-gloss end. This moreover applies to the newly designed aspect sills and the brand new decrease space of the rear finish with diffuser.

Also new are the 20-inch Skagen alloy wheels fitted as normal. A bunch of GTX-specific options customise the automobile inside. With their ergonomic design, premium sports activities seats (in material and leatherette) outfitted as normal underline the sporty character of essentially the most highly effective ID.3 fashions. Another traditional GTX design component: purple ornamental stitching on the seats and multifunction steering wheel. The high-quality cockpit floor can be GTX-specific. The extra highly effective ID.3 GTX Performance comes with DCC adaptive chassis management.

The all-electric Volkswagen ID.7 Tourer and ID.7 GTX Tourer

ID.7 Tourer Pro – Combined power consumption 16.8–14.5 kWh/100 km; combined CO2 emissions 0 g/km; CO2 class: A. ID.7 GTX Tourer – Near-production vehicle.

The character of the ID.7 GTX Tourer. Pre-sales of the brand new ID.7 Tourer began solely final week – and now the brand new ID.7 GTX Tourer is already making its debut as essentially the most highly effective mannequin within the product line. Like the ID.4 GTX and ID.5 GTX, it has a dual-motor all-wheel drive system that may drive the entrance axle in parallel with the rear axle. Kai Grünitz: “The ID.7 GTX Tourer paves the way for a new type of sporty mobility by combining the spaciousness of a large estate with the performance of a sports car. What is fascinating here is the instantaneous punch with which the electric motors provide their maximum output and torque in fractions of a second.”

The all-electric Volkswagen ID.7 GTX Tourer

Near-production vehicle.

The design and tools of the ID.7 GTX Tourer. The entrance of the ID.7 GTX Tourer is distinguished from the opposite fashions within the product line by a particular bumper with honeycomb grille and GTX-specific mild graphics together with illuminated badges. As with the ID.3 GTX, all black parts have a high-gloss end. This moreover applies to the aspect sills and the decrease space of the rear bumper in GTX design. As on the ID.3 GTX, 20-inch Skagen alloy wheels are fitted as normal on the ID.7 GTX Tourer. The inside is refined by options akin to individualised seats (heated within the entrance) with perforated GTX lettering within the backrests, purple piping on the seats, purple seams on the sprint panel and door trims in addition to a GTX-specific multifunction steering wheel with purple ornamental stitching. The baggage compartment capability of as much as 1,714 litres is simply as massive as for the rear-wheel drive variants.