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Volkswagen AG - Full Year Results 2018

14.03.2019 15:36

Volkswagen Group brands deliver a solid performance

  • Volkswagen Passenger Cars brand delivers a record number of vehicles – earnings down, inter alia as a consequence of the changeover to WLTP
  • Audi turns in a solid performance despite WLTP challenges – Porsche, ŠKODA and SEAT post new records in deliveries to customers
  • Bentley and Volkswagen Commercial Vehicles see earnings slide, while Scania and MAN post sales revenue growth
  • CEO Dr. Herbert Diess: “We performed very well in spite of strong headwinds. Our Group brands all worked very hard to help achieve this result.”

In fiscal year 2018, the Volkswagen Group again benefited from its broad positioning and the sustained solid performance both of its brands and its financial services. Dr. Herbert Diess, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, explained: “2018 was a successful year for the Volkswagen Group. We performed very well in spite of strong headwinds. Our Group brands worked very hard to help achieve this result. We must now redouble our efforts, step up the pace and resolutely continue the transformation we have begun.”

 

Full press release (ENG)

 

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