Interim Report January - September 2018

Results for the third quarter 2018

  • The Volkswagen Group increases deliveries to customers by 4.2 percent year-on-year in the first nine months, despite challenges presented by the WLTP test procedure
  • Group sales revenue up by 2.7 percent to EUR 174.6 billion due to volume-related factors
  • At EUR 13.3 billion, the operating profit before special items remained at the previous year's level
  • Slight increase in operating profit to EUR 10.9 billion – negative special times in connection with the diesel issue amount to EUR 2.4 billion, following the previous year’s EUR 2.6 billion
  • Profit before tax improves by EUR 2.2 billion to EUR 12.5 billion
  • Net liquidity in the Automotive Division at EUR 24.8 billion CEO Herbert Diess: “The development in the first nine months of the current fiscal year is encouraging. We are still facing major challenges."

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The specified fuel consumption and emission data are determined in accordance with the measurement procedures prescribed by law. 1 January 2022, the WLTP test cycle completely replaced the NEDC test cycle and therefore no NEDC values are available for new type approved vehicles after that date. This information 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. Due to more realistic testing conditions, fuel consumption and CO2 emissions measured according to WLTP will in many cases be higher than the values measured according to NEDC. As a result, the taxation of vehicles may change accordingly as of 1 September 2018. For further information on the differences between WLTP and NEDC, please visit 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