Brand Group Core boosts vehicle sales, sales revenue and result – restructuring costs have adverse impact

Even in the traditionally challenging third quarter, when the plant vacation season has a pronounced effect, the strength of the Brand Group Core has been evident. In the first nine months of the year, we significantly improved vehicle sales, sales revenue and the operating result.

Our active work on costs is gaining traction.

However, at the same time, special items are having a significant adverse impact on our result. On a positive note, we are successfully launching new models in the marketplace faster than before. This will be the crucial lever for safeguarding our competitiveness as a brand group in the global environment.”

David Powels, Member of the Board of Management of the Volkswagen Brand responsible for Finance and responsible for Finance at the Brand Group Core