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Volkswagen Group Interim Report
January – March 2025

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On April 30, 2025 the Volkswagen Group will publish the results for the first quarter 2025.

Picture in front of a stone wall of the CFO and COO of the Volkswagen Group
“As expected, the Volkswagen Group experienced a mixed start to the fiscal year. Our cars are very well received. Order intake in Western Europe increased significantly and our order books are filling up fast. In addition, every fifth car sold in Western Europe is now fully electric with unit sales in Q1 more than doubling. At the same time, this market success of our electric cars puts pressure on our result. An operating margin of around four percent clearly shows that there is still a considerable amount of work ahead of us. Given the current volatile global economic situation, it is even more important to focus on the levers within our control. This means complementing our great product range with a competitive cost base – so we can ensure to succeed also in rapidly changing global markets.”
Arno Antlitz CFO & COO Volkswagen Group
Picture in front of a stone wall of the CFO and COO of the Volkswagen Group

Volkswagen Group with mixed start to FY 2025; strong product momentum and focus on cost discipline

  • EUR 77.6 billion sales revenue in Q1 2025, up 2.8% from Q1 2024 (EUR 75.5 billion)
  • EUR 2.9 billion Operating Result in Q1 2025, below Q1 2024 (EUR 4.6 billion); Operating Margin of 3.7%
  • EUR -0.8 billion Net Cash Flow in the Automotive Division in Q1 2025 (EUR -2.5 billion)
  • 2.1 million vehicle sales in Q1 2025, 0.9% above Q1 2024 (2.1 million)
  • Order intake for vehicles in Western Europe in Q1 2025 increased by 29% compared to the previous year

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Volkswagen Group Results/ First Quarter 2025
The specified fuel consumption and emission data 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. 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.