12 Brands, 119 Locations

One Group

With 12 brands, the Volkswagen Group – based in Wolfsburg, Germany – is one of the world’s leading automobile manufacturers and the largest in Europe. In 2015, the Group – including Chinese joint ventures – delivered a total of 9,930,517 cars and commercial vehicles to customers (slightly down on 2014). Due to the growth of the passenger car market as a whole, this equated to 12.3% of the global passenger car market. The Group’s sales revenue totaled €213,292 million in 2015, while earnings after tax came to €-1,361 million. More than 610,000 employees produce an average of 42,000 vehicles per working day at 119 manufacturing locations on four continents, or are involved in providing mobility-related services.

Structure

Volkswagen AG is the parent company of the Volkswagen Group. It develops vehicles and components for the Group’s brands, but also produces and sells vehicles, in particular passenger cars and light commercial vehicles from the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. In its function as parent company, Volkswagen AG holds direct or indirect interests in AUDI AG, SEAT S.A., ŠKODA AUTO a.s., Dr. Ing. h.c. F. Porsche AG, Scania AB, MAN SE, Volkswagen Financial Services AG and a large number of other companies in Germany and abroad. More detailed disclosures are contained in the list of shareholdings in accordance with sections 285 and 313 of the Handelsgesetzbuch (HGB – German Commercial Code), which can be accessed at www.volkswagenag.com/en/InvestorRelations.html  and forms part of the annual financial statements.

Volkswagen AG is a vertically integrated energy company within the meaning of section 3 para. 38 of the Energiewirtschaftsgesetz (EnWG – German Energy Industry Act) and is consequently subject to the provisions of the EnWG. In the electricity sector, Volkswagen AG performs electricity generation, sales and distribution together with a Group subsidiary.

Andreas Renschler (Commercial Vehicles), Dr. rer. soc. Karlheinz Blessing (Human Resources and Organization), Prof. Dr. rer. pol. Dr.-Ing. E. h. Jochem Heizmann (China), Matthias Müller (Chairman of the Board of Management of Volkswagen Aktiengesellschaft), Dr.-Ing. Herbert Diess (Chairman of the Brand Board of Management of Volkswagen Passenger Cars), Frank Witter (Finance and Controlling), Dr. jur. Christine Hohmann-Dennhardt (Integrity and Legal Affairs), Prof. Rupert Stadler (Chairman of the Board of Management of AUDI AG), Dr. rer. pol. h. c. Francisco Javier Garcia Sanz (Procurement)

Volkswagen AG’s Board of Management is the body ultimately responsible for managing the Group. The Supervisory Board appoints, monitors and advises the Board of Management, and is directly consulted on decisions of fundamental significance for the Company.

Shareholder Structure

at December 31, 2015 in % of voting capital

Employees by Continent

in % at December 31, 2015

Group Key Figures

Volume data 2015 2014
Vehicle sales (units) 10,009,605 10,217,003
Vehicle production (units) 10,017,191 10,212,562
Research and development costs under the German Commercial Code  €5.3 bn €4.9 bn
Employees at Dec. 31. 610,076 592,586
Proportion of female employees in % 16.0 15.7
Proportion of apprentices in % 1 4.7 4.8
Average hours of training per employee 3 17.8 16.6
Average cost of training per employee in € 3 1,346 1,394
CO2 emissions European new car fleet in g/km 2                  121 126
CO2 emissions in kg/veh. 4                  886 849
Energy consumption in kWh/veh. 4 2,108 2,062
     
Financial data (IFRS) in € million 2015 2014
Sales revenue 213,292 202,458
Operating result after special items –4,069 12,697
Earnings before tax –1,301 14,794
Earnings after tax –1,361 11,068
 
1 At the Group in Germany.
2 Subject to official publication by the European Commission.
3 Average for total Group workforce in the reporting period.
4 Production of cars and light commercial vehicles, prior-year figures adjusted.

Products

The Volkswagen Group is one of the leading multibrand groups in the automotive industry. The Company’s business activities comprise the Automotive and Financial Services divisions. All brands in the Automotive Division – with the exception of Volkswagen Passenger Cars and Volkswagen Commercial Vehicles – are legally independent, separate companies. The business activities of the various companies in the Volkswagen Group focus on developing, producing and selling passenger cars, light commercial vehicles, trucks and buses. The product portfolio ranges from motorcycles to fuel-efficient small cars and luxury vehicles. In the pioneering field of electric mobility, Volkswagen already offers innovative vehicles in all classes, ranging from all-electric runabouts to sophisticated hybrid models.

In the 2015 financial year, the Group’s commercial vehicle brands MAN and Scania were both integrated into the newly formed Volkswagen Truck & Bus GmbH. Volkswagen Truck & Bus GmbH now manages and coordinates collaboration between the two companies. The two brands will, however, retain their independence. The full portfolio of commercial vehicles ranges from small pickups to heavy trucks and buses. Power Engineering manufactures large-bore diesel engines and special gear units, among other things. A broad range of financial services completes the offering. With its brands, the Volkswagen Group has a presence in all relevant automotive markets around the world. Western Europe, China, Brazil, the USA and Mexico are currently the key sales markets for the Group.

Locations and Employees

The Volkswagen Group’s production network comprised 119 production locations at the end of the reporting year. Europe remains the heart of our production activities with 71 locations manufacturing vehicles and components, 28 of them in Germany alone. The significance of the Asia-Pacific region is continuously increasing, with a total of 31 production locations. In North America and South America, the number of locations remained unchanged in the reporting year, at four and nine respectively. The Group maintains four production locations in Africa. Every working day, 610,076 employees produce 42,000 vehicles on average, provide mobility-related services, or work in other business fields.

Markets

With its brands, the Volkswagen Group has a presence in all relevant automotive markets around the world. Western Europe, China, Brazil, the USA, Russia and Mexico are currently among the key sales markets for the Group. Despite difficult economic conditions in 2015, the Group sold 10,009,605 (2014: 10.217.003) vehicles to dealers. The Group’s share of the global passenger car market currently stands at 12.3%. The Group maintained its strong competitive position in the reporting period thank to its wide range of attractive and environmentally friendly models. Worldwide, for the manufacture of its products, the Group purchased goods and services in the amount of €149.1 billion, an increase of 2.5% over the previous year. This includes purchasing figures for the Chinese joint-venture companies. Suppliers in Germany accounted for 36.2% of the total.

Further details on the Group’s development, holdings and changes affecting production locations or activities can be found here.

The Volkswagen Value Chain

Research & Development

Year for year, the Volkswagen Group invests more in research and development than any other company in the world, laying the foundations for new models and innovative concepts with which to master the challenges of the future: digitization, networking and electric mobility.

The Volkswagen Group employs

more than 48,000
people

in Research & Development

Procurement

Every year, the Volkswagen Group purchases a wide range of raw materials, components and other goods. A sustainable supply chain and environmentally compatible transportation solutions form an indispensable part of demonstrating comprehensive responsibility for human rights, as well as a commitment to the environment and to the battle against corruption.

The annual procurement volume comes to

149,1 Bn. €

(2015)

Production

Every working day, the Volkswagen Group manufactures an average of 41,000 vehicles. As we do so, efficient production ranks alongside employee health and safety as our core goal. New concepts help prepare employees for the future, covering every step from vocational education and training onwards.

119

production locations on five continents (2015)

Marketing & Sales

The Volkswagen Group markets its vehicles in 32 countries. Around the world, comfort and safety are considered the key customer requirements. We continuously reduce the fuel consumption of our models and offer alternative mobility services.

≈ 10,0 million

vehicles sold worldwide (2015)

After-Sales & Financial Services

Service provision includes supporting dealerships to ensure they can provide quality advice and maintenance; managing the original parts business; and providing innovative vehicle-related financial services. Fuel-economy driver training courses play an effective part in cutting fuel consumption and thus CO2 emissions.

978

people attended Driving Experience eco-driving courses (2015)

Recycling

Recycling makes a key contribution to reducing our products’ impact on the environment and conserving resources. It is not just a matter of recycling vehicles at the end of their service life – on the contrary, even at the development stage for new vehicles, we pay attention to the recyclability of the required materials, the use of high-quality recycled material and the avoidance of pollutants. At the same time, we factor in aspects of the use phase, such as the treatment and disposal of service fluids or high-wear components.

End-of-life vehicles are

85 % recycled

and

95 % recovered