List of articles tagged: Volkswagen Group

This year, the Volkswagen Group will be introducing the Modular Transverse Matrix – the German acronym is MQB (Modularer Querbaukasten) – for the Volkswagen, Audi, ŠKODA and SEAT brands. The MQB strategy represents a turning point in the design and production of future automobiles with transverse-mounted engines. The Modular Transverse Matrix standardises many vehicle component parameters – across brands and vehicle classes. At the same time, it offers access to new technologies.

In 2011, the Volkswagen Group exceeded prior-year deliveries as the Group sold over eight million vehicles for the first time in a twelve-month period. A total of 8.16 (2010: 7.14; +14.3 percent)* million vehicles were handed over to customers. Developments on the global passenger car market during the same period were also positive; however growth only ran at 5.1 percent, and Europe’s largest automaker was therefore able to expand its global market share. The Group brands also closed 2011 on a high note, delivering 650,000 (December 2010: 545,600; +19.1 percent)* vehicles to customers in the month of December.

Volkswagen Group India maintained its strong market performance in the first nine months of the year, as it registered a growth of 151.4%. The Group sold 81,360 cars from January to September 2011 as compared to 32,359 cars during the same time period last year. “Despite the slowdown of the Indian automobile market, Volkswagen Group brands were able to gain market share in the third quarter. This has been achieved by selling the best quality products, strengthening our position in existing markets and expanding our reach.” said Dr. John Chacko, Volkswagen Group Chief Representative India and President & Managing Director, Volkswagen India Private Limited.

The Volkswagen Group maintained its profitable growth trajectory in the first half of 2011, extending its leading position in the global market. “Our unique brand diversity and highly attractive products, our leading position in the field of environmentally-friendly technologies, our financial strength and our constantly growing presence in all key areas of the world are key competitive advantages for the Volkswagen Group”, said Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, on Thursday at the presentation of the financial report for the first six months of the year.

Volkswagen Group continued to grow in India with the company delivering its best sales figures in the Indian market since its entry here. The Volkswagen Group which is present in India with the three brands - Audi, Skoda and Volkswagen - achieved a growth in deliveries to customers of 180.7% in the period January to December 2010. The three brands together delivered in total 53,341 vehicles to customers in 2010 as compared to 19,001 cars in 2009.

Volkswagen inaugurated Volkswagen Mumbai West as its authorized dealer in Mumbai. Volkswagen Mumbai West will retail all Volkswagen passenger car models currently available in the country.  Volkswagen Mumbai West has a capacity to display 4 cars in its showroom and a 22 bay state of art workshop including accidental repair, body paint workshop.

The Volkswagen Group announced the appointment of Dr John Chacko as the new Volkswagen Group Chief Representative India and President and Managing Director, Volkswagen India Private Limited, with effect from December 1, 2010. Dr John Chacko played a significant role in the operations of the Volkswagen Group in India as the Technical Managing Director of Volkswagen India. He succeeds Mr Joerg Mueller who has recently moved on to a new responsibility at the newly formed Volkswagen Group Trucks Division.

The Volkswagen Group increased its profitability in the first nine months of 2010 and further expanded its position in the international automotive markets. The number of vehicles delivered rose by 12.9 % to 5.4 million (January - September 2009: 4.8 million), a new delivery record for the Group. Volkswagen’s global market share climbed to 11.6 %. Sales revenue was up by 19.9 percent to €92.5 billion as compared to €77.2 billion last year. Profit after tax totaled €4.0 billion.

The Volkswagen Group reported a delivery record of handing over a total of 5.37 (January to September 2009: 4.76; +12.7%) million vehicles to customers across the globe. In September alone, deliveries rose by 7.9 % to 663,100 as compared to 614,800 last year. "We are very satisfied with developments. We anticipate the Group will set another new record for full-year deliveries. Even though a positive trend is expected for the automotive industry, we nevertheless remain cautious," Group Board Member for Sales Christian Klingler commented.

The Volkswagen Group presented the “Volkswagen Group Award 2010” to its best suppliers. 200 high-ranking guests attended the award ceremony under the motto “The Night of the Best”. Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, and Dr. Francisco Javier Garcia Sanz, Member of the Group Board of Management with responsibility for Procurement, presented the “Group Award 2010” to a total of 17 winners.