Category Archives: Volkswagen

Volkswagen Teams Up with Warner Bros. and Legendary Entertainment for Global Release of “Godzilla x Kong: The New Empire” Movie Featuring the VW ID.4

March 28, 2024 Prafful Singh

Volkswagen is thrilled to announce its collaboration with Warner Bros. and Legendary Entertainment for the worldwide launch of “Godzilla x Kong: The New Empire.” Set to premiere globally starting March 27, this extremely anticipated blockbuster showcases Volkswagen’s progressive ID.4 mannequin in a groundbreaking cinematic expertise. In conjunction with the movie’s launch, Volkswagen Headquarter and Volkswagen Japan, the place Kong has turn out to be a worldwide popular culture icon, have co-developed partaking short-form content material for social media, additional solidifying the model’s partnership with the movie whereas reinforcing its dedication to international electrification.

The preliminary teaser trailer for “Godzilla x Kong: The New Empire,” unveiled in December 2023, has garnered over 100 million views. With the extremely anticipated launch simply across the nook, audiences worldwide have only some days to attend till the movie hits cinemas internationally starting March 27 and in North America March 29, adopted by its premiere in Germany on April 4. Alongside the anticipated return of Rebecca Hall, Bryan Tyree Henry and Kaylee Hottle, a brand new solid member has emerged: the Volkswagen ID.4, becoming a member of its human and monstrous counterparts on-screen.

Imelda Labbé, Member of the Volkswagen Brand Board of Management liable for Sales, Marketing and After Sales, stated: “At first glance one might wonder what the link is between an edge-of-your-seat, adrenaline-filled Monsterverse movie of such epic proportions, and the innovative, intuitive safe haven that is the ID.4. But it’s all about feelings, and emotive storytelling. As well as all the fast-paced monster action, the film has plenty of playful and heartwarming moments that really speak to us at Volkswagen. We collaborated closely with our Volkswagen Japan team on production to take the all-electric ID.4 closer to a broad group of customers in Japan and fire their enthusiasm for sustainable mobility.”

“In our exhilarating partnership with Volkswagen for ‘Godzilla x Kong: The New Empire,’ we’re thrilled to showcase the ID.4’s electrifying presence on display screen. This collaboration merges cutting-edge automotive innovation with the epic scale and growth of our Monsterverse world, bringing new dimensions to our beloved characters and tales whereas working alongside an iconic model,“ stated James Ngo, Executive Vice President, Franchise Management at Legendary Entertainment.

Twinkle within the Eye: Three items of content material for Social Media
To add an additional twist to the combo, the worldwide Volkswagen advertising staff and Volkswagen Japan partnered with Warner Bros. and Legendary Entertainment to prepare dinner up some social media magic. Enter three cleverly crafted clips infused with refined, light-hearted humor: “The Awakening,” “Need A Charge,” and “Coffee Run.” Set throughout the monstrous universe of “Godzilla x Kong: The New Empire,” these snippets supply a pleasant peek into the connection between the Volkswagen ID.4 and these iconic Titans. Not solely do they showcase the compact SUV’s efficiency and technical prowess, however additionally they weave in some heartwarming storytelling.

Japanese actress and social media sensation Chikako Fukuyama, finest recognized
for her function on the favored Japanese actuality present “Terrace House: Aloha State,” is taking the helm of this tradition content material sequence.

Relevance of worldwide advertising cooperations
Marketing collaborations are essential for rising consciousness of manufacturers and their merchandise, multiplying quick, medium and particularly long-term attain by way of earned media and to deal with a broad goal group in an progressive and environment friendly means.
By putting the Volkswagen ID.4 within the movie, an emotional storytelling connection is created that appeals to the altering client behaviors.

Repositioning of communication actions
Meanwhile, Volkswagen has been busy forging partnerships within the movie business as a part of its new model positioning. Recent collaborations embody “Miraculous: Ladybug & Cat Noir – The Movie” from ZAG and Mediawan Kids & Family; Marvel Studios’ “Ant-Man and The Wasp: Quantumania;” and the Disney+ Star Wars restricted sequence “Obi-Wan Kenobi,” “Andor,” and “Mandalorian.”

Background Information

About “Godzilla x Kong: The New Empire”
The epic battle continues! Legendary Pictures’ cinematic Monsterverse follows up the explosive showdown of “Godzilla vs. Kong” with an all-new journey that pits the almighty Kong and the fearsome Godzilla towards a colossal undiscovered menace hidden inside our world, difficult their very existence—and our personal. “Godzilla x Kong: The New Empire” delves additional into the histories of those Titans and their origins, in addition to the mysteries of Skull Island and past.

Once once more on the helm is director Adam Wingard. The movie stars Rebecca Hall, Brian Tyree Henry, Dan Stevens, Kaylee Hottle, Alex Ferns and Fala Chen.

The screenplay is by Terry Rossio and Simon Barrett and Jeremy Slater, from a narrative by Rossio & Wingard & Barrett, primarily based on the character “Godzilla” owned and created by TOHO Co., Ltd. The movie is produced by Mary Parent, Alex Garcia, Eric Mcleod, Thomas Tull and Brian Rogers. The government producers are Wingard, Jen Conroy, Jay Ashenfelter, Yoshimitsu Banno, and Kenji Okuhira. Once once more, Wingard is collaborating with director of images Ben Seresin, manufacturing designer Tom Hammock, editor Josh Schaeffer, costume designer Emily Seresin.The composers are Tom Holkenborg and Antonio Di Iorio.

Warner Bros. Pictures and Legendary Pictures Present a Legendary Pictures Production, A Film By Adam Wingard, “Godzilla x Kong: The New Empire.” It is slated for launch nationwide solely in theaters and IMAX on March 29, 2024 and starting 27 March 2024 internationally, distributed by Warner Bros. Pictures besides in Japan, the place the movie can be distributed by Toho Co., Ltd and in mainland China, the place will probably be distributed by Legendary East.

About the VW ID.4
The ID.4 is the primary all-electric compact SUV from the Volkswagen model. It is produced and supplied on the market in China, the USA, and Europe and, positioned as a world automotive by the model, supplied on the market in main markets worldwide. . The modular electrical drive matrix (MEB) types the technical spine of Volkswagen’s international electrical offensive. In the case of the ID.4, the design of the MEB platform permits for a really spacious inside. At the identical time, the automotive impresses with its robust driving efficiency and most ranges of as much as 512 kilometers or 531 kilometers (the 2 variations within the WLTP cycle). Its quick-charging functionality with as much as 135 kW helps it deal with lengthy distances.

Volkswagen

Volkswagen R to open its personal model pavilion within the Autostadt in summer season 2024

March 27, 2024 Prafful Singh

Volkswagen R will open its personal pavilion within the Autostadt in Wolfsburg in summer season 2024. This will create each a brand new assembly place for the premium efficiency model’s rising fan base and an occasion location the place Volkswagen R’s mannequin variety, the R attract and new applied sciences will probably be introduced sooner or later.

Reinhold Ivenz, Head of Volkswagen R explains: “With our high-performance top models, we have established ourselves as an integral part of the Volkswagen model portfolio – both in the brand and in the Group. With our own pavilion in the Autostadt, we are now taking the next step to further increase the awareness of us as a performance brand. With our transition to an all-electric brand, we will also intensify the R customer experience through exclusive insights into concept cars and new technologies.”

With the pavilion, Volkswagen R may have its personal model presence within the Autostadt for the primary time. A light-weight-flooded presentation space for automobiles and reveals in addition to a lounge space will probably be created throughout round 100 sq. metres. Motorsport fanatics can compete right here with digital racing professionals in driving simulators. The e-gaming expertise won’t solely be reserved for specialists however can also be meant to supply pleasure for households.

Armin Maus, Chairman of the Autostadt Management Board: “In the new Volkswagen R pavilion, innovation and sportiness will be combined with the fascination for technical perfection. With the premium performance brand Volkswagen R, we have a strong partner that perfectly complements the Autostadt as a centre of automotive enthusiasm and enriches it with a genuine attraction for our guests.”

Exclusive buyer and membership occasions deliberate
In the longer term, the model will current altering exhibitions from the Volkswagen R theme world within the new pavilion. This consists of innovation-related subjects, new efficiency and design ideas, small collection manufacturing automobiles, efficiency elements and life-style equipment. In addition, the brand new location will present the precise setting for unique buyer and neighborhood occasions for the quickly rising Volkswagen R fan neighborhood – such because the ‘Friends of R’ group or the legendary ‘R & Coffee’ fan meet-up. Press conferences, car shows and technical and knowledgeable talks may also happen within the Volkswagen R Pavilion.

Peter Jost, Head of Sales and Marketing at Volkswagen R, says: “The new Volkswagen R pavilion in the Autostadt does not just offer us a new venue where we can showcase ourselves even better as a premium performance brand within the Volkswagen brand world. With this pavilion, we are also creating a meeting point for the Volkswagen R community and are thus becoming even more accessible and authentic as a brand. We will quickly fill this promise to the R Community with life.”

About Volkswagen R
Volkswagen R is Volkswagen’s premium efficiency model and is answerable for the sportiest automobiles that complement the product vary. Five enhanced manufacturing automobiles with elevated energy at present fill clients with pleasure. With greater than 35,000 automobiles produced, 2023 was a report yr for the Volkswagen R. A complete of greater than 300,000 R fashions have been delivered because the model was established in 2002. Volkswagen R is now realigning itself for the longer term. Based on the 4 pillars of efficiency, design, innovation and high quality, the portfolio will probably be progressively modified by the introduction of all-electric R fashions.

Volkswagen R was based in 2002 as Volkswagen Individual GmbH. Since 2020, the division has been a separate enterprise unit throughout the Volkswagen model. The ‘R’ within the title continues to symbolise the eagerness for motor sport and racing as much as the current day.

Volkswagen

World premiere of the brand new ID. Buzz GTX with 4MOTION all-wheel drive

March 22, 2024 Prafful Singh

Strong efficiency drive: with the brand new ID. Buzz GTX Volkswagen presents its strongest series-production Bulli of all time
All-wheel drive as customary: one electrical drive motor on every the entrance and rear axles mix to kind the intelligently managed 4MOTION all-wheel drive system
Two wheelbases, two new batteries: the ID. Buzz GTX with regular wheelbase and the ID. Buzz GTX with lengthy wheelbase get extra highly effective batteries
High pulling energy: with a most trailer weight of as much as 1,800 kg and all-wheel drive, the ID. Buzz GTX is right as an electrical towing car for bike, boat or horse trailers

Volkswagen presents the brand new ID. Buzz GTX: The electrical Bulli geared up with a robust efficiency drive system will in future be obtainable with two wheelbases, two battery sizes and a selection of 5-, 6- or 7-seater. It additionally comes with customary 4MOTION all-wheel drive for optimum pulling energy and traction in each driving state of affairs. In addition, each GTX fashions share an individualized design. Pre-sales of the ID. Buzz GTX will begin in the summertime. This yr, Volkswagen is as soon as once more increasing its vary of sporty GTX fashions alongside the ID.3, ID.4, ID.5 and ID. 7 Tourer .

Electric all-wheel drive: The new ID. Buzz GTX is provided with two electrical motors – each collectively kind all-wheel drive. The high pace of the GTX fashions is electronically restricted to 160 km/h. The electrical motors are provided with vitality by batteries in two sizes, which will be recharged from 10 to 80 % in 26 minutes at DC quick charging stations with as much as 185 kW or 200 kW (most charging capability).

Near-production vehicle

GTX towing capability: Thanks to an additional energy and the 4MOTION drive system, the ID. Buzz GTX gives a better most trailer weight: the model with regular wheelbase can effortlessly pull as much as 1,800 kg (braked, 8 per cent gradient), whereas the ID. Buzz GTX with lengthy wheelbase has a most towing capability of 1,600 kg. The most trailer weight was thus elevated by 800 kg and 600 kg respectively. The 4MOTION system gives nice traction benefits when towing a trailer on moist or free surfaces particularly. The new ID. Buzz GTX is due to this fact an excellent towing car – for instance, for boat or horse trailers, which are sometimes moved on slippery floor.

GTX exterior: The ID. Buzz GTX is characterised by an individualised entrance finish. A bumper in GTX styling with a black air consumption grille in honeycomb design and new aspect air information parts additionally guarantee a dynamic, distinctive look. New daytime working lights are built-in into the bumper on the left and proper. All black physique parts comparable to the brand new air consumption grille, air information parts, GTX lettering and the outside mirror housings are completed in high-gloss black. In addition, the Solna 20-inch alloy wheel is customary gear for the ID. Buzz GTX. The vary of GTX wheel rims is supplemented by two new 21-inch alloy wheels. Always fitted as customary are IQ.LIGHT LED matrix headlights. A brand new paint end within the color Cherry Red is obtainable solely for the ID. Buzz GTX. This crimson will probably be configurable as a strong paint end and optionally together with Mono Silver metallic as a two-tone paint end.

Near-production vehicle

GTX inside: Volkswagen has additionally customised the inside gear. Dark tones underline the sporty character of probably the most highly effective ID. Buzz. For instance, each ID. Buzz GTX variations are the one fashions within the product line to be geared up with a black headliner. The seats additionally characteristic the particular GTX design. Electrically adjustable consolation seats with reminiscence perform are used within the entrance. The seats are enhanced by covers in black ArtVelours Eco microfleece with a brand new diamond sample in addition to crimson contrasting seams and crimson piping. Red cross-stitching is a particular characteristic on the multifunction steering wheel, which is refined by a crimson software on the centre trim and the GTX lettering built-in there in chrome.

GTX passenger compartment: The ID. Buzz GTX with customary wheelbase is out there as a five-seater with a 40:60 break up three-seat bench within the second row (2/3) or as a six-seater with two particular person seats every within the second and third rows (2/2/2). The long-wheelbase ID. Buzz GTX can even launch as a five-seater with a three-seat bench (2/3) and as a six-seater (2/2/2). This model will moreover be supplied as a seven-seater with a three-seat bench within the second row and two particular person seats within the third row (2/3/2). Depending on the mannequin, the seats within the second row will be moved longitudinally by 150 mm (customary wheelbase) or 200 mm (lengthy wheelbase).

Near-production vehicle

GTX baggage compartment: The baggage compartment quantity of the ID. Buzz GTX (customary wheelbase) as a five-seater is between 1,121 litres (loaded to the higher fringe of the rear seat backrests) and a couple of,123 litres (rear bench seat folded down, loaded as much as the higher fringe of the entrance seat backrests). The prolonged ID. Buzz GTX is much more spacious: when loaded as much as the higher fringe of the backrests of the second row of seats, a capability of 1,340 litres is out there. If the massive ID. Buzz GTX is loaded proper as much as the primary row of seats, the quantity will increase to 2,469 litres. Even when occupied by seven folks, there’s nonetheless 306 litres of load house obtainable behind the third row of seats within the lengthy GTX. Depending on the seat configuration, each ID. Buzz GTX fashions will be geared up with an extended or quick Multiflex board (together with two folding containers). The Multiflex board creates a second loading degree and – when the rear seats are folded down – a flat load space.

New {hardware} and software program plus ChatGPT: A serious {hardware} and software program replace for the product line will probably be included into the GTX fashions. New on board are a head-up show (non-compulsory) and the following technology of infotainment techniques (customary) with new menu navigation and graphics in addition to quick processor energy. The system’s touchscreen is now 12.9 inches in dimension as a substitute of 12.0 inches (33 cm diagonal as a substitute of 30 cm). Also new are the illuminated contact bar for temperature and quantity management. The new IDA voice assistant is operated with pure voice instructions. It not solely permits management of quite a few car features, but additionally offers solutions to common data questions utilizing the web connection to databases comparable to Wikipedia. The revolutionary IDA voice assistant moreover options ChatGPT integration (AI/synthetic intelligence). Another new characteristic is a Wellness app that makes use of preconfigured programmes to regulate varied car features to enhance well-being whereas driving or charging. The exit warning system is one other new addition. This warns of motorised automobiles and bicycles approaching from the rear when a door is opened.

Samba bus of a brand new period: From now on, the ID. Buzz with lengthy wheelbase will probably be obtainable with the panoramic sunroof with sensible glass as an choice. The multi-layered sensible glass has an built-in liquid crystal movie and will be electronically switched in order that it’s clear or opaque. The largest panoramic sunroof ever utilized in a Volkswagen evokes recollections of the legendary “Samba Bus” and transfers the everyday roof home windows of the basic automotive into the current.

GTX idea: Since 2021, the sportiest fashions of the all-electric ID. sequence have carried the GTX label – in reference to the dynamic VW fashions with the designations GTI, GTD or GTE. Including the brand new ID. Buzz GTX, a complete of 5 ID. fashions will probably be obtainable to the GTX vary quickly.

Additional data and picture materials will be discovered at: www.vwn-presse.

Volkswagen

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

March 21, 2024 Prafful Singh

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

March 15, 2024 Prafful Singh

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).

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

Fiscal Year 2023 of the Volkswagen Brand

Charts Thomas Schäfer

Charts Patrik Mayer

More details about the 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

March 14, 2024 Prafful Singh

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.

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.

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.”

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.

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.”

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.

Media ID.7 GTX Tourer

Near-production automobile.

Volkswagen

Electrical variability: Volkswagen begins pre-sales of the brand new ID.7 Tourer

March 8, 2024 Prafful Singh

The first all-electric property automobile from Volkswagen can now be configured in Germany at costs beginning at 54,795 euros
The electrical enterprise and leisure all-rounder provides area for 5 folks with as much as 605 litres of bags. Maximum load capability: as much as 1,714 litres
Launching first because the ID.7 Tourer Pro with a 77 kW battery, 210 kW (286 PS) output, quick 175 kW DC charging and a spread of as much as 607 km (WLTP)

Volkswagen is driving ahead its main product offensive within the mid-sized class with pre-sales of the brand new ID.7 Tourer. Following the brand new ID.7 fastback saloon, new Passat and new Tiguan, the primary all-electric Volkswagen estate-car is already the fourth new mid-sized mannequin in just some months. The enterprise and leisure all-rounder can now be configured and ordered at costs beginning at 54,795 euros. As one in every of just some producers, Volkswagen is current on the European market with three property fashions within the essential higher mid-sized class: the sporty Arteon Shooting Brake, the utterly newly developed Passat Variant and the ID.7 Tourer. With this mannequin vary, Volkswagen provides all related drive sorts within the mid-sized class and thus a very good selection for purchasers.