#Products

The Group comprises ten brands from five European countries: Volkswagen, Volkswagen Commercial Vehicles, ŠKODA, SEAT, CUPRA, Audi, Lamborghini, Bentley, Porsche and Ducati. In addition, the Volkswagen Group offers a wide range of further brands and business units including financial services. Volkswagen Financial Services comprises dealer and customer financing, leasing, banking and insurance activities, and fleet management.

The newest member of the Volkswagen portfolio – the Tayron – was given a grand reception this week when employees from nearly all the different disciplines joined Wolfsburg Plant Manager Uwe Schwartz and Works Council member Jürgen Mahnkopf for the symbolic start of series production.

The Volkswagen Group will launch its first ever cross-brand communication campaign in the coming weeks and months to stimulate interest in finding out about electromobility. It will dis-tribute clear facts and transparent messages in a wide range of formats to counter myths that are still widely believed.

Volkswagen has entered into a cooperation with the German start-up Revoltech GmbH from Darmstadt. The aim is to research and develop sustainable materials based on industrial hemp. These could be used as a sustainable surface material in Volkswagen models from 2028. The material made from 100% bio-based hemp uses residues of the regional hemp industry. It can be produced on existing industrial plants and recycled or composted at the end of its service life in an automobile. The first presentations of the innovative material have already received a very positive response and feedback from customers.

The Board of Management of the Volkswagen Group has decided to make all-electric entry-level mobility more widespread. The Brand Group Core will bring affordable electric vehicles from Europe, for Europe, into the market. The world premiere is scheduled for 2027. Volkswagen has been working for some time to offer compact, particularly inexpensive electric vehicles in the price range of around 20,000 euros. In this way, the Group's volume brands are fulfilling their promise to create mobility for all and continue to facilitate the entry into e-mobility. With its brand diversity, the Volkswagen Group also assumes a social responsibility for affordable, sustainable mobility.

Audi is further intensifying the collaboration with SAIC and SAIC Volkswagen in a Cooperation Agreement. Audi and SAIC have decided to jointly develop new models built on a China-specific platform named “Advanced Digitized Platform” for the next generations of premium intelligent, connected vehicles (ICV). Cooperation starts with three BEV models covering B and C segments to quickly enter into the dynamic and fast-growing electric vehicle market in China.

Ahead of Auto China 2024 in Beijing, Audi is poised to showcase its strategy and all-electric portfolio for the world’s largest automotive market. With them, the brand with the four rings is strengthening the foundation for continued success in the country. Highlights at the booth include the world premiere of the Audi Q6L e-tron, set to be produced at the new Audi FAW NEV Company factory in Changchun. At Volkswagen’s Group Night and at an Audi press conference on opening day, Audi will also outline its further roadmap for the electric transformation of its offering in China.

Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed the first supply agreement on components of Volkswagen´s MEB for Mahindra’s purpose-built electric platform INGLO, taking a definitive step further on their joint vision for e-mobility collaboration. The deal covers the supply of certain electric components as well as unified cells. With the agreement, Volkswagen and Mahindra are further deepening their collaboration which started with a partnering agreement and a term sheet in 2022. Both companies will continue to evaluate a potential expansion of the collaboration.

Porsche is launching its second all-electric model: the new Macan with powertrains of up to 470 kW (639 PS) delivers E-Performance on any terrain and a high level of day-to-day usability. Sports car-like performance figures are matched by high-performance fast charging at up to 270 kW and up to 613 km of range in WLTP.

The Golf is celebrating its 50th birthday this year – and Volkswagen is launching an enhanced version of its bestseller to mark the anniversary. Customers will be able to order the new model in just a few weeks. The new Golf impresses with a next-generation infotainment system, a more intuitive operating concept, a sharper front and rear end design as well as efficient drive systems. These include plug-in hybrid drives with an increased all-electric range of about 100 kilometres. In addition, an illuminated Volkswagen logo adorns the front for the first time on a Golf.

The Volkswagen Group increased its deliveries in 2023 by 12 percent to 9.24 million vehicles. All regions contributed to this growth, with Europe (+19.7 percent) and North America (+17.9 percent) being the main drivers. China, the Group's largest single market, grew by 1.6 percent despite a challenging market environment. The Volkswagen Group expanded its market share in Europe as well as North and South America and thus also increased slightly worldwide. Almost all brands recorded growth, in some cases substantial. SEAT/CUPRA achieved the highest increase in the passenger car segment with a rise of 34.6 percent, while MAN led the way in the truck segment with an increase of 37.1 percent. At the same time, the Volkswagen Group successfully continued its transformation and delivered 771,100 fully electric vehicles. This corresponds to an increase of 34.7 percent compared to the previous year. The share of all-electric vehicles in deliveries rose to 8.3 percent compared to 6.9 percent in 2022.

From now on, many models in the ID. Family now offer bidirectional charging with the "Vehicle to Home" function. With a home power station and the integrated Home Energy Management System (HEMS) from Volkswagen partner HagerEnergy GmbH, customers can cover as much of their household consumption as possible with their photovoltaic system. Both companies have launched a pilot project in Sweden in which an entire housing estate is being supplied with vehicles and the corresponding charging infrastructure.

The Volkswagen brand is preparing its Germany-based production network for the future. At a meeting today, the Group Board of Management informed the Supervisory Board of the Volkswagen Group about its vehicle allocation plans for the brand through 2028. In taking this step, the company has set its sites up for profitable capacity utilization and the economic perspective of the coming years. Efficient vehicle allocation and increased productivity are key aspects of the performance program ACCELERATE forward | Road to 6.5 initiated by the brand.

As one of Europe’s largest e-mobility service providers, Volkswagen Group’s brand Elli will showcase new charging products and services as well as unveil its future plans at this year's International Motor Show (IAA) in Munich. Elli will also give a sneak peek at upcoming energy innovations and its transition to providing holistic energy solutions.