#Core

The brand group CORE is the organizational merger of the Volkswagen Group's volume brands. Within the Group, the sister brands Volkswagen, Škoda, SEAT/CUPRA and Volkswagen Commercial Vehicles are working closely together to achieve joint growth - and to significantly increase the overall efficiency of the five brands.

4 contents with this tag
Article
Brand Group Core improves operating profit, unit sales and sales revenue – increased product costs and interruptions to production impact profitability
The Volkswagen Group’s Brand Group Core extended cross-brand cooperation in the first nine months of 2023. Further synergy and scale effects were leveraged through disciplined investments and increased cost efficiency between the Volkswagen, ŠKODA, SEAT/CUPRA and Volkswagen Commercial Vehicles brands. There was a slight increase in the overall effectiveness of the Brand Group – however, performance felt the impact of negative factors such as interruptions in production resulting from the floods in Slovenia.
An infographic with figures on brand group core performance
Article
Brand Group Core increases returns and operating profit in first half of 2023 – systematically moving towards greater profitability in volume segment
The Volkswagen Group’s Brand Group Core continued its development in the first half of 2023. Thanks to intensified cooperation between the sister brands Volkswagen, ŠKODA, SEAT/CUPRA and Volkswagen Commercial Vehicles, efficiency and profitability increased through the entire brand group. The new designation of Brand Group Core reflects the central role of the brand group as the backbone of the Volkswagen Group. With its new steering model, the Volkswagen Group’s ambition is to leverage the performance of the brand groups as efficiently as possible while at the same time harnessing the Group’s economies of scale to the greatest possible effect.
Brand Group Core Performance 2023
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Brands & Brand Groups
The Volkswagen Group is undergoing the biggest transformation process in its history as it evolves from an international automotive company into a software-centric global leader in sustainable mobility by 2030.
Overview of brands
Article
Volkswagen: Brand Group Volume doubles operating profit in first quarter 2023
The Volkswagen Group’s Brand Group Volume further strengthened the close cooperation between the sister brands Volkswagen, Škoda, SEAT/CUPRA and Volkswagen Commercial Vehicles in the first quarter of 2023. To take account of this successful development and the significance of the Brand Group Volume in the ongoing transformation of the Volkswagen Group, the four volume brands are publishing their key financial metrics for the first time in a Brand Group Volume quarterly report.
Brand Group Core Performance 2023
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 www.volkswagen.de/wltp. 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.