A Group of strong brands

The Volkswagen Group, based in Wolfsburg, is one of the world’s leading automobile manufacturers and the largest in Europe. In 2013 the Group increased the number of cars and commercial vehicles delivered to customers to 9.73 million, which equates to 12.8% of the global passenger car market. The Group’s sales revenue totaled €197,007 million in 2013, while profit after tax came to € 9,145 million.

Structure

The Volkswagen Group is a publicly quoted stock corporation under German law and owns twelve brands from seven European countries: Volkswagen, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. Each brand has its own distinctive character and operates autonomously in the marketplace with its own legal status.
In its function as parent company, Volkswagen AG holds direct and indirect interests in AUDI AG, SEAT S.A., ŠKODA Auto a.s., Scania AB, MAN SE, Dr. Ing. h.c. F. Porsche AG, Volkswagen Financial Services AG and numerous other companies in Germany and abroad. These include Volkswagen do Brasil, Volkswagen of America, Volkswagen of South Africa and the joint ventures Shanghai-Volkswagen and FAW (First Automotive Works)-Volkswagen in China, to name the largest national companies. More detailed disclosures are contained in the list of shareholdings in accordance with sections 285 and 313 of the Handelsgesetzbuch (HGB – German Commercial Code) which can be accessed at www.volkswagenag.com/ir and forms part of the annual financial statements.

Products

The Group’s product portfolio ranges from two-wheeled transport and economical compact cars to luxury high-end models. In the commercial vehicle sector, the range starts with pick-up trucks and extends all the way to buses and heavy-duty trucks. In other business areas the products manufactured include large-bore diesel engines for marine and stationary applications, turbochargers, turbomachinery (steam and gas turbines), compressors and chemical reactors. The portfolio also comprises special gear units for vehicles and wind turbines, slide bearings and couplings, as well as testing systems for the mobility sector. Through Volkswagen Financial Services AG the Group provides products and services in the financing sector to private and corporate customers, as well as extending its range of integrated services focused on new mobility concepts.

Locations and employees

The Volkswagen Group operates 106 (2012: 99) production facilities around the world. Europe forms the core of the Group’s production activities with 68 vehicle and component plants. The significance of the Asia-Pacific region is increasing, reflected in the current total of 22 production plants. In North America, the Volkswagen Group operates four production facilities, with nine in South America and three in Africa. Their locations are shown on the world map on the following pages. Around the world over 570,000 employees produce approximately 39,352 vehicles per working day or work in other fields of business. Any changes in sites or activities are set out in our current annual report.

Markets

The Volkswagen Group sells its vehicles worldwide. The Group’s share of the passenger car market in Western Europe reached 24.8% (2012: 24.4%), in Central and Eastern Europe 15.7% (15.2%), in North America 4.8% (4.9%), in South America 17.0% (19.5%) and in Asia-Pacific 12.9% (12.2%). The Group’s worldwide market share totaled 12.8% (12.8%). The largest sales market for the Volkswagen Group is the Asia-Pacific region, followed by Western Europe, North America, South America and Central and Eastern Europe. Worldwide, for the manufacture of its products, the Group purchased goods and services to the value of €135.0 billion (previous year: €128.7 billion). The largest procurement market is Europe, with a volume of €87.9 billion, followed by the Asia-Pacific region with €31.9 billion.

Further details on the development of the Group, its holdings, the Volkswagen brand and this report: 12345

The Board of Management of the Volkswagen Group (from left to right)

Dr. h.c. Leif Östling – Commercial Vehicles, Christian Klingler – Sales and Marketing, Prof. Rupert Stadler – Chairman of the Board of Management of AUDI AG, Dr.-Ing. E.h. Michael Macht – Production, Prof. Dr. rer. pol. Horst Neumann – Personnel Management and Organization, Prof. Dr. rer. pol. Dr.-Ing. E.h. Jochem Heizmann – China, Hans Dieter Pötsch – Finance and Controlling, Prof. Dr. Dr. h.c. mult. Martin Winterkorn – Chairman of the Board of Management of Volkswagen Aktiengesellschaft, Research and Development, Dr. rer. pol. h.c. Francisco Javier Garcia Sanz – Procurement

Interpretation and meaning of Group, brands and companies

Shareholders 2013

in % of voting capital

Employees by region 2013


Group key figures

Volume data   2013   2012  
Vehicle sales (units) (in thousands) 9,728 9,345
Production (units) (in thousands) 9,728 9,255
Employees (yearly average) 563 533
Percentage of female employees 15.5 15.2
Absenteeism quota (percentage)1 3.3 3.2
CO2 emissions of European
new vehicle fleet in g/km
128 134
Direct CO2 emissions in kg/vehicle2 422 449
Energy consumption in kWh/vehicle2 2,205 2,213
Financial data (IFRSs), in € million   2013   20123  
Sales revenue 197,007 192,676
Operating profit 11,671 11,498
Profit before tax 12,428 25,487
Profit after tax 9,145 21,881

1 Production sites from 1,000 employees excl. Scania, MAN, Ducati and Porsche.
2 Cars and light commercial vehicles.
3 Prior-year figures adjusted to reflect application of IAS19R.