All Press Releases

With its clear commitment, “For Europe,” the Volkswagen Group is underlining its role as a driving force for Europe’s future and competitiveness ahead of the upcoming Paris Motor Show. European industry is facing intense competitive and transformational pressures. The Volkswagen Group is embracing this change with attractive products and future-oriented technologies. At the heart of this commitment are strong European value chains and sustainable jobs, as well as customer-relevant key technologies, ranging from the further expansion of electric mobility and battery technology to software and artificial intelligence, and innovative energy systems. The largest transformation program in the company’s history aims to strengthen competitive structures, thereby laying the foundation for a strong industrial future in Europe. “For Europe” provides impetus for close collaboration between business and politics in Europe. Together, the challenges facing companies and nations amid geopolitical crises and rapidly intensifying global competition shall be tackled decisively in order to strengthen Europe as a business location in the long term. On October 11, one day before the opening of the Paris Motor Show, the Volkswagen Group invited high-ranking representatives from the media, industry associations, and politics to engage in a dialogue with the company’s top managers as part of “For Europe.” Starting October 12, the Group’s brands - Volkswagen, Volkswagen Commercial Vehicles, Škoda, CUPRA, and Audi - will present their latest model innovations during press conferences at their booths at the Paris Motor Show.

The automotive industry is currently undergoing the most profound transformation in its history. Geopolitical tensions, trade barriers and increasing competition, primarily from China, are impacting the entire sector and have significantly exacerbated the financial situation of Volkswagen AG in recent years.

Volkswagen Group, PowerCo SE and Gotion High-tech have agreed to deepen their strategic partnership and jointly accelerate the development of a regional battery supply chain for Europe. Building on their cooperation since 2020, the partners agreed on establishing three joint ventures at the Valencia (Spain), Šurany (Slovak Republic) and Kenitra (Morocco) sites for the industrial production of LFP battery cells and cathode material. The agreement also covers joint procurement and sales activities in Europe. Separately, Volkswagen Group has announced that it has entered into definitive agreements to sell 5.3 % equity stake in Gotion to optimize equity structures and support long-term strategic synergies. Upon completion of the transaction, Volkswagen will continue to hold a significant stake in Gotion.

Volkswagen AG reached an agreement on Monday with the State of Lower Saxony and Aurelius Capital on the possible sale of Volkswagen Osnabrück GmbH. The aim of the transaction is to preserve the site over the long term. The plan provides for Aurelius, as the majority owner, to take over Volkswagen Osnabrück GmbH together with the State of Lower Saxony.

Today, the Supervisory Board of the Volkswagen Group unanimously approved the Executive Board’s Future Plan 2030. As the automotive industry and its markets undergo their fastest and most fundamental shift to date, it enables the Volkswagen Group to pave the way for sustainable long-term success. The Future Plan 2030 sets the stage to make the Volkswagen Group and its brands stronger, more competitive and better positioned for the future. The Executive Board will now jointly drive the necessary measures, collaborating with the brands, subsidiaries and employee representatives.

At its meeting today, the Supervisory Board of Volkswagen AG appointed Erika Rasch to the Group Board of Management effective October 1, 2026, and assigned her responsibility for Human Resources. She therefore also takes on the role of Labor Director. Thomas Schäfer has served in this position on an interim basis since July 2025. Erika Rasch joins Volkswagen from the Robert Bosch Group, where she latterly held responsibility for Global Human Resources (HR).

Marianne Heiß returns to the Supervisory Board of Volkswagen AG. Effective forthwith, she has been appointed by court order to serve as a Supervisory Board member until the next Annual General Meeting and fills the vacant seat on the shareholder side. Furthermore, the members of the Supervisory Board elected Marianne Heiß Chair of the Audit Committee. She already served as a Supervisory Board member from February 2018 to July 2025.

The Volkswagen Group has appointed Marco Schubert as a member of the Extended Executive Committee for the North America region effective October 1, 2026. In this new function, he will report directly to Oliver Blume. Marco Schubert currently serves as a Member of the Board of Management for Sales and Marketing at Audi and as a member of the Extended Executive Committee of the Volkswagen Group with responsibility for Sales, Marketing and After Sales. Kjell Gruner is leaving the company to pursue new professional challenges.

The Volkswagen Group has published its half-year figures for 2026.

On July 10, 2026, the Volkswagen Group published the deliveries for the first half of 2026.