Tag Archives: Group

BMW

“Eagles for Education”: BMW International Open 2023 promotes equal opportunity in education.

+++ BMW Group donates 1,000 euros per eagle during the tournament rounds +++ Donation goes to the “JOBLINGE” and “Kick ins Leben” organisations +++ BMW extends long-term commitment to education and future prospects for all +++ Takumi Kanaya (JPN) hits the first eagle of the tournament with an ace on the 12th hole +++


Munich. BMW is strengthening its long-term commitment to education with the “Eagles for Education” campaign at the 34th BMW International Open. The BMW Group will donate 1,000 euros for every eagle achieved by the many top-class pros during the week of the tournament at Golfclub München Eichenried. The money will go to the “JOBLINGE” and “Kick ins Leben” organisations, with which the BMW Group has been cooperating in Munich for many years.

With the “Eagles for Education” campaign, BMW Group aims to support underprivileged children and young persons in Munich. The campaign will donate 1,000 euros for every eagle scored during the tournament to the “JOBLINGE” and “Kick ins Leben” organisations. This initiative aligns with BMW’s social responsibility and their efforts to promote better qualifications and educational opportunities for these individuals.

The first eagle of the tournament was achieved by Takumi Kanaya, a Japanese professional golfer, during Thursday’s opening round. Kanaya hit a hole-in-one on the 12th hole, setting a perfect start for the campaign.

The “JOBLINGE” initiative, launched in 2008 by the BMW Group’s Eberhard von Kuenheim Foundation, aims to support low-skilled and unemployed young people through a six-month program. During the program, participants learn on the job, improve their key qualifications, and develop their social skills with the goal of securing a job or training position. The initiative is supported by JOBLINGE staff and voluntary mentors, including BMW employees.

According to the CEO of JOBLINGE, every eagle at the BMW International Open represents new prospects for young people. The partnership between BMW Group and the “Eagles for Education” campaign continues to promote equal opportunities and educational equality, benefiting both the individuals and society as a whole.

The “Kick ins Leben” foundation, in collaboration with the BMW Group since 2019, supports young people facing disadvantages by providing them with early education and guiding them towards successful professional careers. The foundation works with children and youngsters in the Milbertshofen district, where BMW is also located. Together, they create extracurricular education opportunities and a platform for equal opportunities in the professional world. The young people have the opportunity to visit the BMW Group plant in Munich and receive mentoring from BMW employees.

The founder of “Kick ins Leben” expresses gratitude for the longstanding cooperation with the BMW Group, particularly in the disadvantaged Milbertshofen district. This partnership has made a difference in the lives of individuals in need.

BMW has a long-standing commitment to education in golf. Through the BMW Championship in the USA, the company has raised millions of dollars for the “Evans Scholar Foundation” since 2007, funding thousands of college scholarships for caddies.

The “Eagles for Education” campaign now joins BMW’s commitment at the BMW International Open in Munich. In golf, an eagle is achieved when a player takes two shots less than par (the standard score) on a hole. Last year’s BMW International Open saw a total of 73 eagles.

News

MG Cyberster to be showcased at Goodwood Festival of Speed

The highly anticipated MG Cyberster, designed by Carl Gotham, the design director of MG, will be unveiled at the prestigious Goodwood Festival of Speed. Gotham, who leads the brand’s advanced design group based in London’s Marylebone, acknowledges the increase in size of the car but believes it carries it well and creates a new kind of roadster that will appeal to a new generation of sports car drivers.

The main objective of the Cyberster is to establish the design language for future MG models. While MG will continue to focus on SUVs and estates, the Cyberster is set to be more than just another sports car in their lineup.

The response to the Cyberster has been overwhelming, with MG receiving numerous requests from potential buyers. MG’s British dealers, who are expected to reach around 150 in number, have also shown great enthusiasm for the new model.

Contrary to popular belief, the Cyberster is not solely focused on volume sales. It serves as an image-builder for the brand, with estimated UK sales of around 2000 units per year once demand stabilizes.

Read more: Best small electric car in the UK

In addition to offering great value for money and an extensive new car distribution network, strong brand recognition plays a critical role in MG’s success. The positive response to the Cyberster from older buyers has been particularly remarkable, as there is a large and active group of buyers who still have a deep affinity for the MG brand and remember its past excitement and promise.

MG’s sales in the UK have been consistently growing, with over 51,000 units sold in 2022, surpassing their sales from five years ago by more than five times. The growth of MG across Europe has been even more impressive, as sales are projected to reach 120,000 units by the end of 2023, compared to less than 1000 units in 2019.

Q&A with Carl Gotham, MG’s head of design

Carl Gotham, who trained in design at Coventry University in 1999, joined MG a decade later. He has worked in both interior and exterior design before assuming his current role in 2017. In 2018, he established the advanced studio in Marylebone, where all the hard work has been leading up to the development of the Cyberster.

How did the Cyberster project start?

Volkswagen

Volkswagen Group Prioritizes Profitability and Cash Flow through Strategic Alignment and Performance Programs

Volkswagen Group is undergoing a strategic alignment to strengthen its profitability and cash flow. During its Capital Markets Day, the Group introduced leadership principles that emphasize customer orientation, entrepreneurship, and team spirit. The Group has assigned the responsibility for achieving return targets to each of its brands. For the first time, each brand will launch its own performance program with a focus on strengthening profitability, cash flows, and reducing capital intensity. This marks a shift from pure volume growth to prioritizing sustainable value creation based on the “value over volume” principle. The Group is also realigning its architecture, battery, software, and mobility services to fully leverage economies of scale. Regionally, Volkswagen is focusing its investments on the most lucrative profit pools globally, refining strategies for growth markets like China and North America. With a brand-focused approach and performance programs, the Group aims to achieve a strategic return on sales target of 9 to 11 percent by 2030.

“Our focus is on implementation, speed, and performance,” says Oliver Blume, CEO of Volkswagen Group. He further emphasizes the importance of clear priorities, operational and strategic focus, and the benefits this realignment brings to customers, investors, and the team.

The new steering model introduces direct responsibility for financial targets, strategy, and brand identities to the brands. The performance programs, managed at the brand group level, provide a framework for further development. By shifting the focus from volume to value creation, the brands aim to strengthen market positioning and improve performance in terms of margins, product mix, and vehicle features. Additionally, the brands will explore new business models such as mobility services to tap into additional profit opportunities. To support this, the Group will optimize economies of scale and implement cost-saving measures in various areas.

Volkswagen Group has adopted a new approach that prioritizes sustainable value creation over volume growth. Arno Antlitz, CFO and COO of Volkswagen Group, explains that the steering model focuses on profitability, lower fixed costs, and disciplined investment. The aim is to strike a balance between brand emotional power and scale benefits provided by technology and services offered by the Group.

The realignment also includes an explicit designation of the brand groups, which will be named Core, Progressive, Sport Luxury, and Trucks. This move aims to reinforce the Group’s commitment to technology platforms that provide an exceptional customer experience. The platforms cover architecture, battery, software, and mobility services allowing the brands to leverage scale benefits and increase profitability. In terms of technology, Volkswagen Group plans to establish the group-wide platform SSP by 2024, alongside competitive architectures such as PPE and the second-generation MEB+. The battery strategy and ramp-up of PowerCo will enhance flexibility and competitiveness through the Unified Cell concept.

CARIAD, the Group’s internal software supplier, will support the launch of new electric vehicles like the Porsche Macan and Audi Q6 e-tron. The next-generation E³ 2.0 will be developed in collaboration with CARIAD, VW, and Audi in a Software-Defined-Vehicle hub, reinforcing Volkswagen Group’s commitment to digitalization and e-mobility.

Volkswagen Group aims to strengthen its financial robustness and has set specific key performance indicators (KPIs) for each brand group, as well as the CARIAD and PowerCo technology platforms. The KPIs focus on operating results, return on sales, net cash flow, cash conversion rate (CCR), and investment ratio. The Group plans to develop its management incentive scheme further to include selected financial targets for brand and brand group performance. The Group’s sales growth target is set at 5 to 7 percent annually until 2027 and will be aligned with industry developments thereafter. The strategic return on sales target is expected to reach between 9 and 11 percent by 2030.

Volkswagen Group is also refining its regional strategies, particularly in China and North America. In China, the Group aims to maintain its position as the most successful international OEM by developing products tailored to the Chinese market. In North America, Volkswagen Group plans to expand its market share by investing in new electric vehicles and establishing a battery cell factory in Canada. Additionally, the relaunch of the Scout brand will focus on all-electric vehicles in the high-margin pickup and Rugged SUV segment.

The Capital Markets Day serves as the kick-off for a closer engagement with the capital market. Volkswagen Group plans to host further events to provide investors and analysts with more detailed information about brand group strategies, technology areas, and regional approaches.

Volkswagen

Lars Korinth appointed Head of Investor Relations in the Volkswagen Group

Lars Korinth has been announced as the new Head of Investor Relations in the Volkswagen Group, starting in autumn 2023. He will be taking over from Julian Krell, who will be leaving the company on June 30, 2023, by his own request. Korinth is already familiar with the company, as he previously worked as a Senior Investor Relations Manager at Volkswagen and most recently as the Head of Investor Relations at TRATON SE. In his new role, Korinth will be reporting to Rolf Woller, the Head of Group Treasury and Investor Relations.

Rolf Woller, the Head of Treasury and Investor Relations, commented on the appointment, stating, “The Volkswagen Group is currently undergoing a critical phase of transformation. In 2023, our main focus is on implementing our strategic goals. With his extensive knowledge of different industrial sectors, including the energy industry and banking sector, Lars Korinth, a former equity analyst, brings valuable expertise. I believe he will work closely with the team to create significant momentum.” Lars Korinth will be succeeding Julian Krell as the Head of Investor Relations at the Volkswagen Group, while Rolf Woller will temporarily assume the additional role until Korinth takes over.

Lars Korinth has a degree in banking business administration and has previously held various roles as an equity analyst and Investor Relations Manager. During his time at Volkswagen, he served as the Senior Investor Relations Manager for four years. He also led the Investor Relations department at Henkel, a consumer and industrial goods group, for over four years until early 2022. Most recently, Korinth served as the Head of Investor Relations at TRATON SE, a subsidiary of Volkswagen AG, which is a prominent global truck manufacturer known for its brands Scania, MAN, Navistar, and Volkswagen Truck & Bus.

BMW

The Le Mans Classic 2023: BMW Group Classic Enters a BMW M1 Group 4 in Legendary “Wirtshaus” Livery

Munich/Le Mans.

BMW Group Classic is returning to the Le Mans Classic for the first time since 2014 – and will line up at the Circuit de La Sarthe with the legendary BMW M1 Group 4 in “Münchener Wirtshaus” livery. Piloting the car will be the original driver trio from the 24 Hours of Le Mans in 1981: HRH Prince Leopold of Bavaria (DE), Christian Danner (DE), and Peter Oberndorfer (DE).

On 15 June 2023, the team met up at the Spatenhaus an der Oper restaurant in Munich to set the scene for the action to come.

The drivers got together with fans and media representatives to recreate the pre-race public photo call from 1981. The event on 3 June that year was intended to shine the spotlight on the company’s involvement in the upcoming 24-hour race.

So history was repeating itself this year – with the same venue, the same car, and the same drivers.

“I’m really looking forward to driving the BMW M1 Group 4 in “Münchener Wirtshaus” livery at Le Mans again after 42 years,” said HRH Prince Leopold of Bavaria.

“It makes me particularly proud that my friends Christian Danner and Peter Oberndorfer are here with me, so that we can take a trip back in time in a very special way.”

2023 is a year of celebrations.

BMW Group Classic decided to enter the Le Mans Classic, in cooperation with BMW Motorsport and BMW France, to mark the centenary of the legendary 24 Hours of Le Mans. Plus, the BMW sales company in France is celebrating its 50th anniversary this year. And on 21 June, His Royal Highness Prince Leopold of Bavaria will turn 80.

As well as entering the BMW M1 Group 4 in the Plateau 6 category, BMW Group Classic will be hosting an exhibition of Le Mans racing icons at the Musée des 24 Heures du Mans:

The overall winner of the 24 Hours of Le Mans in 1999 – the BMW V12 LMR – will take its place alongside the first-ever BMW Art Car, the BMW 3.0 CSL from 1975 created by Alexander Calder. Visitors will also be able to admire the BMW M3 GT2 Art Car from 2010 – the work of Jeff Koons.

Just under 20 privately entered historic BMW racers will also be taking part in the Le Mans Classic.

More photographs will be available here.

Alcohol-free beer has been served.

Volkswagen

Contemporary art experience in Berlin: Volkswagen supports Open-House days on June 16-18 at Hamburger Bahnhof – Nationalgalerie der Gegenwart

The Hamburger Bahnhof – Nationalgalerie der Gegenwart, supported by the Volkswagen Group, is hosting a vibrant art festival in Berlin. From June 16 to 18, 2023, the museum is offering free access to all exhibitions, including premiering presentations of its collections. Visitors are also invited to participate in panel talks, guided tours, workshops, open-air activities, and music sessions.

Volkswagen is a program partner of the open-house days at the Hamburger Bahnhof – Nationalgalerie der Gegenwart, as part of its multiyear collaboration with Nationalgalerie – Staatliche Museen zu Berlin. Since 2012, Volkswagen Group has been focused on providing access to art for a broad audience, supporting the institutions forming the Nationalgalerie – Staatliche Museen zu Berlin. This partnership has led to various projects, including education programs, exhibitions, and concerts. The collaboration expanded in 2018 with the Volkswagen Group ART4ALL program at Hamburger Bahnhof – Nationalgalerie der Gegenwart and Neue Nationalgalerie, offering monthly opportunities for everyone to engage with art. This diverse support fosters innovative approaches to cultural education programs, encourages creativity, innovation, and mutual understanding in society.

The three-day program, covering the Rieckhallen and the historic Hamburger Bahnhof building, is completely free and allows visitors to explore the six current exhibitions. Amongst them are newly designed expositions featuring prominent artworks from the 20th and 21st centuries. Guided tours are available to learn more about the artworks, the museum building, and the inhouse art studio. Guests can join talks with artists to gain insights into the art-making process. An open-air stage will host a dedicated music program, which can be enjoyed during an art picnic. Interactive workshops will enable guests to create sculptures, audio artworks, or paintings.

Directors of the Hamburger Bahnhof – Nationalgalerie der Gegenwart, Sam Bardaouil and Till Fellrath, express gratitude for the support and invite the public to rediscover and rethink the museum during the open-house days. Benita von Maltzahn, Director Global Cultural Engagement at Volkswagen Group, emphasizes the company’s commitment to offering encounters with culture and the arts to a broader audience. Volkswagen aims to provide opportunities for people to explore creative perspectives and be inspired by the world of art.

The partnership with Nationalgalerie – Staatliche Museen zu Berlin is a significant aspect of Volkswagen’s international cultural engagement. Through this partnership, Volkswagen facilitates encounters between a wide audience and the world of culture and art, as well as promotes visibility of creative works. The company also focuses on supporting cultural education projects that stimulate the imagination and creative power of younger generations.

For more information and a detailed open-house program, visit: https://www.smb.museum/nachrichten/detail/open-house-tage-der-offenen-tuer-freier-eintritt-in-den-hamburger-bahnhof-vom-16-bis-18-juni-2023/

BMW

German men’s biathlon team tests in the BMW Group wind tunnel.

+++ Technology transfer enhances mobility partnership between the BMW Group and DSV Biathlon +++ German’s male biathletes test in the wind tunnel for the first time +++ Valuable findings with regard to stance and aiming process +++ Reference points for further optimisations and innovations +++

Munich. Since last autumn, the BMW Group has been “Mobility Partner of the German National Biathlon Team” and has provided the team with electrified vehicles. Within this partnership, BMW has allowed the DSV biathlon squad to perform tests in a wind tunnel for the first time. In the different wind speeds and directions generated in the controlled laboratory conditions in the BMW Group’s Aerolab, the DSV men were able to analyse their body posture, their reactions to different conditions, and the movement of their weapons when shooting whilst standing.

Here, where the NEUE KLASSE of BMW cars are usually put through their paces and optimised aerodynamically, it was now the German biathletes who for two days had the opportunity to examine their stance and aiming process in the wind. With the athletes too, it was all about identifying potential for improvement, as biathlon races are often decided at the shooting range.

“The BMW Group wind tunnel is our main test centre, as far as aerodynamics are concerned. Here, we are able to determine the proportions and finer details of the vehicle, making it as efficient as possible and thus increasing electrical range,” says Holger Gau, Head of Dynamics Mid-Range BMW. “With the biathletes, we analysed the sensitivity of the shooting with a side wind. As we are able to generate consistent conditions in the wind tunnel, the athletes were able to adopt different postures, which could then be analysed and compared.”

Pressure points and pressure distribution were measured using sensors on the soles of the biathlon shoes. A measuring device was mounted on the barrel of the gun, which recorded the aiming and shooting process. The athletes were also observed in the wind tunnel by cameras and trainers. Last but not least, the analysis also incorporated the subjective feelings of the biathletes.

“We have just one challenge – and that is to be as successful as possible in competition. However, to master this challenge you have to do something in an awful lot of areas. You have to be progressive, if you want to break into the world elite,” says Uroš Velepec, coach of the DSV German men’s biathlon squad. “As such, it is very valuable to be given the opportunity to test in a wind tunnel for the first time. Together with the aerodynamics experts in the BMW Group, we have developed some really significant tests. The results are already promising. We are very grateful to BMW and I hope this partnership will continue to develop on a technological level.”

As well as the individual analysis of the standing position in the wind, and the compensatory movements, Velepec also took another approach: without naming names, he is convinced that there are athletes in the German men’s squad who are among the best in the world when shooting in the wind. The goal now was to find out how these athletes act intuitively and to use that to develop a model, which could be applied to others. “We can now see what these athletes are doing differently,” said Velepec after the wind tunnel tests. “We always suspected it, but we now have proof and know how they do it.”

Karlheinz Waibel, DSV National Science and Technology Coach, is also impressed by the two days in the wind tunnel and the cooperation with the BMW Group engineers. He says: “We planned the tests together with the BMW experts and wanted to know how they would approach them. We were asked questions, which we were unable to answer, because we did not have any knowledge from the past. That is how we came up with exciting and clever ideas, which we will continue to pursue – with regard to aerodynamic improvements to the gun, for example.”

It will take a few more weeks to evaluate and analyse the data acquired, but one thing is already certain: the German national biathlon team’s first trip to the BMW Group’s Aerolab will not be the last.

BMW

BMW Group successfully completes €8bn revolving credit facility

Munich. The BMW Group has signed a €8.0 billion syndicated revolving credit facility (RCF) with a tenor of five years and two one-year extension options.

A total of 43 international and regional banks from Europe, America and Asia have taken part in the transaction. With BNP Paribas, Citi and Deutsche Bank as coordinating bookrunners, the BMW Group has replaced the existing RCF of €8.0 billion signed in 2017.

For the first time, the BMW Group has consistently presented its strategic focus on sustainability within the syndication process: First, it handed a newly developed, comprehensive sustainability factsheet over to the banks involved to provide transparent information on its progress and goals. In a second step, the BMW Group issued questionnaires to the lenders, aiming at reflecting the outside-in perspectives of its sustainability performance, providing impetus for the continuous further development of sustainability communications.

“At the BMW Group, sustainability is practiced in its three facets -economically, ecologically and socially. It is present in the various divisions of the company, its goals are omnipresent, and sustainability is the focus of our long-term strategy. For the first time, we have comprehensively revealed our corresponding activities in a global financing process,” said Walter Mertl, Chief Financial Officer of BMW AG in Munich on Wednesday. “For us, sustainability means more than just achieving selected key figures. Our cross-company approach goes far beyond that, and we present our progress transparently and comprehensibly for the capital market and the public.”

The syndication process was completed by an exchange of the participating banks with the company’s sustainability experts, who explained and made transparent in more detail the strategic direction and sustainable transformation of the BMW Group.

The syndicated revolving credit line is one of the standard financing instruments of BMW Group Corporate Finance and serves to secure short-term access to liquidity. In the history of the company, the RCF has never been drawn.

If you have any questions, please contact:

 

BMW Group Corporate Communications

Britta Ullrich

Spokesperson Finance

Telephone: +49 89 382-18364

Email: britta.ullrich@bmwgroup.com

Eckhard Wannieck

Head of Corporate, Finance and Sales Communications

Telephone: +49 89 382-24544

Email: eckhard.wannieck@bmwgroup.com

Media website: www.press.bmwgroup.com

Email: presse@bmwgroup.com

BMW

New BMW 5 Series Launches with AirConsole Gaming Platform

The BMW Group has teamed up with AirConsole, a gaming platform, to introduce a unique in-car gaming experience for the first time in the new BMW 5 Series. Passengers and drivers can enjoy playing casual games while the vehicle is stationary, waiting for the vehicle to charge or a meeting to start, for instance. The AirConsole app will be introduced in other BMW vehicles, but the new BMW 5 Series will be the first. The BMW i5 with a unique gaming design created by the BMW Group Design will be unveiled exclusively for the new BMW 5 Series launch.

The in-car gaming experience is easy with the smartphone acting as the controller and the BMW Curved Display. Starting the AirConsole app in the vehicle and scanning a QR code on the Curved Display intuitively establishes the connection between the smartphone and car. Multiple players can go straight into playing, and the app can support participation from rear passengers as well. Players can play alone, jointly, or in competition mode.

AirConsole offers casual games that are easy to understand and control, including racing, sports, quizzes, music quizzes, simulation, strategy, jump-and-run, and puzzle games, with about 15 titles available for the market introduction of the new BMW 5 Series saloon. Examples of the games available at launch include “Go Kart Go”, “Golazo”, “Music Guess,” and “Overcooked”.

To mark the launch of in-car gaming, the BMW Group presents a BMW i5 with a unique gaming wrap that honours the 8-bit era of computer games, with large pixels serving as a symbol for the gaming experience and a nod to the various games available on AirConsole. The design captures the essence of the in-car gaming solution of AirConsole, where users leverage their smartphones as controllers to access all gameplay options.

Other BMW models from the mid-range and luxury segments will gradually get the AirConsole app. BMW Operating System 8.5 updating via Remote Software Upgrade will be set up for BMW 7 Series made after 07/22 and BMW iX made after 03/23, as well as BMW X5, BMW X6, BMW X7, BMW XM, BMW X5 M, BMW X6 M produced after 04/23.

Volkswagen

Focus on sustainability: Volkswagen Group supports German Pavilion and grand neighbourhood festival of Venice’s 18th International Architecture Biennale

The 18th International Architecture Biennale opens in Venice on 20 May 2023. The Volkswagen Group is a partner of the curatorial team of the German Pavilion and supports the pavilion concept ‘Open for Maintenance – Wegen Umbau geöffnet’, which focuses on sustainable approaches to building construction and urban development. For the first time, the citizens of Venice as well as local and social initiatives will be invited to a grand neighbourhood festival on the eve of the opening to get in contact with artists and experts. Federal Building Minister Klara Geywitz takes part as commissioner of the German Pavilion. In March, materials for the pavilion were sustainably transported from Leipzig to Venice in an ID. Buzz Cargo.

The German contribution to this year’s Biennale takes up curator Lesley Lokko’s chosen theme, ‘The Laboratory of the Future’, with a multilayered conception of the term ‘laboratory’ – including as a workshop in an actual sense. The German Pavilion is orienting itself to local needs and is being transformed into a site of collaborative everyday life. In this spirit, citizens of Venice, artists and Venetian initiatives will come together for the first time in a grand neighbourhood festival on 19 May. The goal is to jointly discuss the interplay of sustainable habitats and resource use and to establish connections between local social initiatives and experts. In the framework of its international cultural engagement, the Volkswagen Group is a partner of the German Pavilion and of the neighbourhood festival.

Benita von Maltzahn, Head of Global Cultural Engagement at the Volkswagen Group: ‘We need spaces in which to live and work, but above all in which to generate ideas. Rethinking how we give shape to these spaces while placing the highest priority on using resources sustainably is one of the greatest challenges of our time. We’re thrilled that we can support the curatorial team of the German Pavilion in opening this topic up for critical artistic and creative examination among a broad public in Venice.’

The curators of the German Pavilion say about their idea: “Transforming the way we build toward sustainability does not depend on changes of economic, financial and legislative frameworks. We have to empower the people to take responsibility for designing their living environment according to social and ecological principles. And that is why the German contribution to the International Architecture Exhibition 2023 also covers questions and solutions discussed by people in Venice, and it promotes the process of making. The support of Volkswagen Group helps us to connect ideas and people in Venice so that our work resonates beyond the Biennale.”

The Volkswagen Group has supported the curators of the German Pavilion since the start of their work on the project. Among other things, the Group provided an all-electric Volkswagen ID. Buzz Cargo so that the team could bring equipment and materials for the pavilion workshop from Germany to Italy in a resource-saving manner. For the period of the Biennale, the workshop will serve as the basis for various Venetian and international initiatives and institutions of higher education to engage in the maintenance of socio-spatial structures on-site through 1:1 interventions. The German contribution to the exhibition was conceived by the curatorial team of ARCH+ I SUMMACUMFEMMER I BÜRO JULIANE GREB. The curators were selected in an open competitive process under the direction of the German Federal Ministry for Housing, Urban Development and Building.

Volkswagen Cultural Engagement

As a promoter of art and culture, the Volkswagen Group supports institutions and actors in enabling impactful and multilayered encounters between the artistic and public spheres, as well as innovative offerings in cultural education. The Group is especially dedicated to providing opportunities for as many people as possible to get to know artistic standpoints, exchange with one another and, through

this, to gain new perspectives. These dialogues are essential for the development of creativity, innovation and strengthened social understanding.