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Volkswagen AG - Annual General Meeting

30.09.2020 17:43
- Group continues to expect positive operating result for 2020
- Deliveries and incoming orders in September expected to be up on the previous year
- Upward trend anticipated to continue for the remainder of the year
- Investments in e-mobility and digitalization confirmed despite COVID-19 pandemic
- CEO Diess: “The transformation of the Group is not being held back by corona, but accelerated by it. The fact that the car will develop into a fully networked mobility device in the next ten years will be much more far-reaching than the transformation of propulsion.”
The Volkswagen Group today confirmed its outlook for 2020 and underscored the planned future investments despite the COVID-19 pandemic. “In both 2019 and 2020, we took significant steps towards becoming a leading provider of electric, digital mobility, achieving important milestones”,
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