Half-Yearly Financial Report
& Results 2020

On July 30, 2020 the Volkswagen Group published its results for the first half Year 2020.

Press Audio Webcast and Conference Call

at 9:00 a.m. CEST hosted by

Frank Witter, Chief Financial Officer of Volkswagen Aktiengesellschaft
Dr. Christian Dahlheim, Head of Group Sales of Volkswagen Aktiengesellschaft

Investor / Analyst Audio Webcast and Conference Call

at 2:00 p.m. CEST hosted by

Frank Witter, Chief Financial Officer of Volkswagen Aktiengesellschaft
Dr. Christian Dahlheim, Head of Group Sales of Volkswagen Aktiengesellschaft

Documents

Volkswagen Group measures reduce the effects of Covid-19 in the first half of the year

Operating result before special items falls to EUR –0.8 (10.0) billion; in the other operating result, the fair value measurement of derivatives to which hedge accounting is not applied (in particular commodity hedges) and exchange rate effects of EUR –0.9 billion are virtually offset by a non-cash gain of EUR 0.8 billion on the contribution of AID into the autonomous driving joint venture with Ford
Group sales revenue decreases by 23.2 percent to EUR 96.1 billion
Deliveries down 27.4 percent year-on-year at 3.9 (5.4) million vehicles – percentage decline on prior-year month has been decreasing consistently since May
Net liquidity in the Automotive Division rose compared with the first quarter by EUR 0.9 billion to EUR 18.7 billion; successful placement of hybrid notes strengthens capital base

To press release

The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO₂ emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO₂ emissions for new passenger cars can be found in the "Guide to fuel economy, CO₂ emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.