#Strategy
Drawing on the company’s Strategy 2030, the Volkswagen Group is preparing to face global changes in mobility and is pressing forward with its transformation into a software-oriented company.
79 contents with this tag
Press Release
First Quarter: Volkswagen Group makes progress in a challenging environment – overhead costs reduced by one billion Euro, transformation to be accelerated further
On April 30, 2026 the Volkswagen Group will publish the results for the first quarter 2026.
Article
TRATON GROUP performed well in the first quarter of 2026, despite special items, and increased incoming orders
As expected, the TRATON GROUP got off to a slow start to 2026, yet anticipates improved business performance in the coming quarters due to an increase in incoming orders and confirms its full-year forecast. While unit sales dropped by 6% to 68,600 vehicles (3M 2025: 73,000 vehicles) in the first quarter of 2026, as reported, the decline in sales revenue was more moderate, decreasing by 4% to €10.2 billion (3M 2025: €10.6 billion). With a share of 22% (3M 2025: 21%) of total sales revenue, the Vehicle Services business contributed positively to business performance. Incoming orders rose significantly by 18% to 87,800 vehicles (3M 2025: 74,300 vehicles) in the first quarter. As a result, the book-to-bill ratio increased to 1.3 (1.0).
Press Release
René Reif appointed new Chief Operations Officer of PowerCo SE
René Reif will become the new Chief Operations Officer (COO) and Member of the Executive Board of PowerCo SE with effect from April 1, 2026. This decision was approved by the Supervisory Board of PowerCo SE. Reif has been working for PowerCo SE since 2025 and was most recently responsible for the construction of the St. Thomas gigafactory in Canada. Prior to that, he worked for Daimler AG for over 30 years. As Chief Operations Officer, he will be responsible for the planning, construction and operation of PowerCo’s cell factories in Europe and North America. He succeeds Sebastian Wolf, who will leave the Volkswagen Group at his own request.
Page
Annual Report & Full Year Results 2024
Press Release
Volkswagen Group strengthens financial resilience in 2025 – strong fourth quarter in a challenging environment
The Volkswagen Group Annual Media, Analyst and Investor Conference took place on March 10, 2026.
Page
Annual Report & Full Year Results 2025
The Volkswagen Group Annual Media, Analyst and Investor Conference took place on March 10, 2026.
Article
TRATON GROUP in 2025 with robust incoming orders in Europe
In 2025, the TRATON GROUP was able to limit the decline in sales revenue to 7% despite a 9% decrease in unit sales to 305,500 vehicles (2024: 334,200 vehicles) in a difficult market environment. Sales revenue thus came in at €44.1 billion (2024: €47.5 billion). This was attributable primarily to the decline in unit sales and sales revenue for new vehicles in the TRATON Operations business area, particularly in North America and Brazil. By contrast, the Vehicle Services business reported stable growth. The share of the Vehicle Services business in the sales revenue of TRATON Operations rose from 18 to 21%. TRATON Financial Services increased its sales revenue by 13% year-on-year to €2.2 billion.
Page
Group
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.
Article
New cross-brand steering model for Brand Group Core strengthens foundation for more competitive products and greater efficiency
The Brand Group Core (BGC) within the Volkswagen Group – the organizational unit comprising the volume brands Volkswagen Passenger Cars, Škoda, SEAT&CUPRA and Volkswagen Commercial Vehicles – is taking the next step in its successful cooperation. From this January, an overarching steering model lays the groundwork for an efficient and more competitive organization.
As the top BGC management body, the newly-formed “Brand Group Core Board of Management” will make cross-brand decisions going forward.
The overall objective is to streamline processes, structures and decision-making paths. Stronger prioritization of decisions in the interest of the brand group will lead to a higher level of efficiency within the BGC. Going forward, the Production (P), Technical Development (TE) and Procurement (B) functions will be managed aT-cross-brand level by the Brand Group Core Board of Management.
Page
Innovation in the Automotive Industry
The automotive industry is developing at a rapid pace. Innovative technologies are defining vehicle functions and the driving experience. The Volkswagen Group sees this transformation as an opportunity to shape the mobility of tomorrow as a global automotive technology driver – climate-neutral, digital and connected. Our pioneering solutions along the entire automotive value chain combine experience and efficiency, safety and sustainability. This enables us to inspire customers time and time again. All over the world.
Article
TRATON GROUP records increase in incoming orders nine months into 2025, despite a difficult market environment
Despite a persistently weak and uncertain market environment, the TRATON GROUP managed to keep its sales revenue in Europe nearly stable in the first nine months of 2025.
Press Release
Change at Volkswagen Procurement: Karsten Schnake succeeds Dirk Große-Loheide
Karsten Schnake will become the new member of the Board of Management of the Volkswagen Passenger Cars brand responsible for Procurement and a member of the Extended Executive Committee effective November 1, 2025. He thus succeeds Dirk Große-Loheide, who is leaving the company under a long-planned retirement program. In addition to his new duties, Karsten Schnake will continue as acting Board Member for Procurement at Škoda until December 31, 2025, to ensure a seamless transition.
Press Release
Volkswagen Group increases global deliveries to 6.6 million vehicles by the end of September
On October 10, 2025, the Volkswagen Group published the deliveries for January to September 2025.
Press Release
Semiconductors at the Core of Automotive Innovation: Volkswagen Group Highlights Procurement Strategy and Rivian Alliance at the IAA
Volkswagen Group united industry leaders at the 4th Semiconductor Summit during IAA Mobility in Munich to provide insights on its semiconductor procurement strategy while strengthening partnerships and advancing innovation between the automotive and semiconductor industries. A highlight of this year’s Summit was Volkswagen Group’s new level procurement model with Rivian and Volkswagen Group Technologies, covering more than 50 semiconductor categories. These include core components such as microcontrollers, power transistors, and printed circuit boards that power and connect modern vehicles. The initiative reflects the Group’s proactive approach to expand its supplier base, build resilient partnerships, and strengthen its ambition to become the Global Automotive Tech Driver.
