#Strategy
82 contents with this tag
Press Release
Volkswagen Group, PowerCo and Gotion deepen strategic partnership
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.
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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 with electric mobility, digital technologies, and connected vehicles. Our pioneering solutions along the entire automotive value chain combine experience and efficiency with resource-efficient production and vehicle concepts. This enables us to inspire customers time and time again. All over the world.
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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.
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Sustainability Strategy
We take a holistic approach to sustainability, encompassing environmental, social and economic aspects, and work to identify and reduce the impacts of our business activities along the value chain. The basis for this is our Group sustainability strategy, regenerate+. It serves as our KPI-based management framework for environmental, social and business topics. For us, this means translating responsibility into concrete programs, metrics and reporting processes and disclosing our progress.

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Sustainability
We are undergoing a profound transformation. With our Group sustainability strategy regenerate+, we have created a management framework for environmental, social and business topics. It defines key areas of action, metrics and reporting processes and supports us in presenting progress transparently.
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The Group Strategy
With "The Group Strategy – Mobility for Generations", the Volkswagen Group is pursuing a clear strategic roadmap up to 2035. The claim: to play an active role in shaping the transformation of the automotive industry – as "The Global Automotive Tech Driver".
Article
Executive Board and General Works Council of Porsche AG agree on Future Package
Employment and site protection until 2035 and investments totaling a cumulative 2.1 billion euros in the Zuffenhausen and Weissach sites: these are the central cornerstones of Porsche AG’s Future Package, which the Executive Board and the General Works Council have negotiated – together with IG Metall and the Südwestmetall employers’ association.
Article
Brand Group Core boosts operating result in first half – new Core Executive Committee strengthens cross-brand cooperation
The Brand Group Core (BGC), the organizational entity combining the volume brands of the Volkswagen Group, recorded an operating result of 3.61 billion euros in the first half of 2026, 4.5 percent more than in the corresponding prior-year period. Year-on-year, the operating margin improved slightly to 4.9 percent.
Press Release
Volkswagen Group stays on track in challenging environment and expects improved margin in the second half of the year
The Volkswagen Group has published its half-year figures for 2026.
Press Release
Volkswagen Group delivers 4.1 million vehicles in the first half of the year – Order book for all-electric vehicles in Europe rises by more than 50 percent
On July 10, 2026, the Volkswagen Group published the deliveries for the first half of 2026.
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.
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Annual Report & Full Year Results 2024



