FACTSANDFIGURES    NAVIGATOR2010




  Driving ideas.
TA B L E O F C O N T E N T S                                 1

Table of Contents                                       1	
The Volkswagen Group                                    2
Board of Management of Volkswagen AG                    4
Supervisory Board                                       5
Key Figures                                             6
Five-Year Review                                        8
Volkswagen Share Key Figures                           10
Share Price Development from Dec. 2004 to Dec. 2009    12
Significant Group Companies                            14
Production Network                                     16
	      Germany                                         16
	      Europe                                          18
	      North/South	America	and	South	Africa            22
	      Asia/Pacific                                    23
Environment and Transport                              25
Deliveries to Customers                                26
Competitive Situation                                  33
	      Market	Shares	of	New	Passenger	Car
	      Registrations	by	Country	                       33
	      New	Passenger	Car	Registrations	by	Market       34
Developments in Workforce                              36
Employees in Technical Development                     40
General Procurement Information                        42
	      Procurement	Volumes	by	Brand	and	Company        42
Organizational Charts                                  43
	      Volkswagen	Passenger	Cars                       43
	      Audi                                            44
       SEAT		                                          45
       ãkoda                                           46
       Volkswagen	Commercial	Vehicles	                 47
	      Bentley                                         48
	      Bugatti                                         49
	      Lamborghini		                                   50
	      Scania	                                         51
	      Volkswagen	Financial	Services	AG	               52
Historical Notes                                       54
The Model Range of the Volkswagen Group                74
	      Volkswagen	Passenger	Cars                       74
	      Audi                                            82
	      SEAT		                                          87	
	      ãkoda                                           90
	      Volkswagen	Commercial	Vehicles	                 93
       Bentley		                                       97
	      Bugatti                                         98
	      Lamborghini		                                   99
	      Scania                                         100
2 T H E VO L K SWA G E N G R O U P




  The Volkswagen Group with its headquarters in Wolfsburg is
  one of the world’s leading automobile manufacturers and the
  largest carmaker in Europe. In 2009, the Group increased the
  number of vehicles delivered to customers to 6.336 million
  (2008: 6.257 million), corresponding to a 11.3 percent share
  of the world passenger car market.

  In Western Europe, the largest car market in the world, just
  over one in five new cars (20.9 percent) comes from the Volks­
  wagen Group. Group sales came in 2009 to 105.2 billion euros
  (2008: 113.8 billion). Profit after tax in the 2009 financial year
  amounted to 0.9 billion euros (2008: 4.69 billion).

  The Group is made up of nine brands from seven European
  countries: Volkswagen, Audi, SEAT, Skoda, Volkswagen
  Commercial Vehicles, Bentley, Bugatti, Lamborghini and
  Scania.
w w w.v o l k s w a g e n a g . c o m                                  3




Each brand has its own character and operates as an in­
dependent entity on the market. The product range extends
from low­consumption small cars to luxury class vehicles.
In the commercial vehicle sector, the product offering spans
pick ups, busses and heavy trucks.

The Group operates 60 production plants in fifteen
European countries and a further six countries in the
Americas, Asia and Africa. Around the world, nearly
370,000 employees produce about 26,000 vehicles or
are involved in vehicle­related services each working day.
The Volkswagen Group sells its vehicles in 153 countries.

It is the goal of the Group to offer attractive, safe and
environmentally sound vehicles which are competitive
on an increasingly tough market and which set world
standards in their respective classes.




                                                   December 31, 2009
4 B OA R D O F M A N A G E M E N T O F VO L K SWA G E N A G




  	           	




  	 	 Board	of	Management	of	Volkswagen	Aktiengesellschaft	
  	 	
  	 	 Prof.	Dr.	rer.	nat.	Martin	Winterkorn
  	 	 	    Chairman,
  	 	 	    Research	and	Development


  	 	 Prof.	Dr.	rer.	pol.	Jochem	Heizmann
  	 	 	    Production


  	 	 Christian	Klingler
  	 	 	    Sales	and	Marketing


  	 	 Prof.	Dr.	rer.	pol.	Horst	Neumann
  	 	 	    Human	Resources	and	Organization


  	 	 Hans	Dieter	Pötsch
  	 	 	    Finance	and	Controlling
  	 	
  	 	 Dr.	rer.	pol.	h.c.	Francisco	Javier	Garcia	Sanz
  	 	 	    Procurement


  	 	 Rupert	Stadler
  	 	 	    Chairman	of	the	Board	of	Management	
  	 	 	    of	AUDI	AG




                                                          February 1, 2010
SU PERVISORY BOAR D                    w w w.v o l k s w a g e n a g . c o m / i r   5




Hon.-Prof. Dr. techn. h.c.                Roland Oetker
Dipl.-Ing. ETH                            Managing	Partner	of	
Ferdinand K. Piëch                        ROI	Verwaltungsgesellschaft	mbH;	
Chairman                                  Hon.	President	of	Deutsche	Schutz­
	                                         vereinigung	für	Wertpapierbesitz	e.V.
Jürgen Peters
Deputy	Chairman                           Bernd Osterloh
                                          Chairman	of	the	General	and	Group	
                                          Works	Councils	of	Volkswagen	AG
Jörg Bode
Minister	of	Economic	Affairs,	Labor	
                                          Dr. jur. Hans Michel Piëch
and	Transport	for	the	Federal	State	
                                          Lawyer	in	private	practice
of	Lower	Saxony

                                          Dr. jur. Ferdinand Oliver Porsche
Dr. jur. Michael Frenzel
                                          Member	of	the	Board	of	
Chairman	of	the	
                                          Management	of	Familie	Porsche	AG	
Board	of	Management	of	TUI	AG
                                          Beteiligungsgesellschaft

Babette Fröhlich
                                          Dr. rer. comm. Wolfgang Porsche
IG	Metall,	with	responsibility	for	
                                          Chairman	of	the	Supervisory	Board	
Strategic	Planning
                                          of	Porsche	Automobil	Holding	SE;	
                                          Chairman	of	the	Supervisory	Board	
Dr. jur. Hans Michael Gaul
                                          of	Dr.	Ing.	h.c.	F.	Porsche	AG

Dr. Ing. Jürgen Großmann
                                          Wolfgang Ritmeier
Chairman	of	the	Board	of	Manage­
                                          Chairman	of	the	Board	of	Manage­
ment	of	RWE	AG;	Partner,	Georgs­
                                          ment	of	Volkswagen	Management	
marienhütte	Holding	GmbH
                                          Association	(VMA)

Peter Jacobs
                                          Heinrich Söfjer
Chairman	of	the	Works	Council	at	
                                          Member	of	the	Works	Council
the	Volkswagen	AG	Emden	plant
                                          Volkswagen	Commercial	Vehicles

Hartmut Meine
                                          Jürgen Stumpf
Director	of	the	Lower	Saxony	and	
                                          Chairman	of	the	Works	Council	at	
Saxony­Anhalt	Regional	Office	of	
                                          the	Volkswagen	AG	Kassel	plant
IG	Metall

                                          Bernd Wehlauer
Peter Mosch
                                          Deputy	Chairman	of	the	General		
Chairman	of	the	General	Works	
                                          and	Group	Works	Councils	of	
Council	of	AUDI	AG
                                          Volkswagen	AG


                                          Christian Wulff
                                          Minister­President	of	the	
                                          Federal	State	of	Lower	Saxony

                                                                 December 31, 2009
6 KEY FIGURES



   VO L K SWA G E N G R O U P

   Volume Data 1                                        2009        2008        %

   Vehicle	sales	(units)                            6,309,743   6,271,724    + 0.6

   Production	(units)                               6,054,829   6,346,515    – 4.6

   Employees	at	Dec.	31                              368,500     369,928     – 0.4


   Financial Data (IFRSs), € million                    2009        2008        %

   Sales	revenue                                     105,187     113,808     – 7.6

   Operating	profit                                    1,855       6,333    – 70.7

   Profit	before	tax                                   1,261       6,608    –	80.9

   Profit	after	tax                                      911       4,688    – 80.6

   Profit	attributable	to	shareholders	
   of	Volkswagen	AG                                      960       4,753    – 79.8

   Cash	flows	from	operating	activities 2             12,741       2,702        x

   Cash	flows	from	investing	activities 2             10,428      11,613    – 10.2

   Automotive	Division	3

   EBITDA 4                                            8,005      12,108    – 33.9

   	 Cash	flows	from	operating	activities 2           12,815       8,800    +	45.6

   	 Cash	flows	from	investing	activities	2           10,252      11,479    – 10.7

   	 of	which:	investments	in	property,	plant
   		 	          and	equipment 2                       5,783       6,773    – 14.6

   	 	           as	a	percentage	of	sales	revenue         6.2         6.6

   	 	           capitalized	development	costs         1,948       2,216    – 12.1

   	 	        	 	as	a	percentage	of	sales	revenue         2.1         2.2

   Net	cash	flow                                       2,563      – 2,679       x

   Net	liquidity	at	Dec.	31                           10,636       8,039    + 32.3

   Return ratios in %                                   2009        2008

   Return	on	sales	before	tax                             1.2         5.8

   Return	on	investment	after	tax
   (Automotive	Division)                                  3.8        10.9

   Return	on	equity	before	tax
   (Financial	Services	Division)	6                        7.9        12.1
w w w.v o l k s w a g e n a g . c o m / i r                                                      7



    VO L K SWA G E N A G

    Volume Data                                            2009            2008           %

    Vehicle	sales	(units)                          2,053,427         2,388,014       – 14.0

    Production	(units)                             1,038,344         1,137,145         – 8.7

    Employees	at	Dec.	31 7                             95,164           90,363         + 5.3


    Financial Data (HGB), € million                        2009            2008           %

    Sales                                              47,864           56,710       – 15.6

    Net	income                                             1,082            827      +	30.8




1) Including	volume	data	for	the	vehicle­production	investments	
	   Shanghai­Volkswagen	Automotive	Company	Ltd.	and	FAW­Volkswagen	Automotive	
	   Company	Ltd.,	which	are	accounted	for	using	the	equity	method.

2) 2008	adjusted.

3) Including	allocation	of	consolidation	adjustments	between	
	   the	Automotive	and	Financial	Services	divisions.

4) Operating	profit	plus	net	depreciation	/	amortization	and	impairment	losses	/	reversals	
	   of	impairment	losses	on	property,	plant	and	equipment,	capitalized	development	costs,	
	   leasing	and	rental	assets,	goodwill	and	financial	assets	as	reported	in	the	cash	flow	statement.

5)	 Excluding	acquisition	and	disposal	of	equity	investments:	€7,585	million	(€8,879	million).

6)	 Profit	before	tax	as	a	percentage	of	average	equity.

7)	 2009	including	Auto5000	GmbH.



                                                                          December 31, 2009
8 F I V E -YEA R R EV I EW




    Volume Data (thousands)


    Vehicle Sales (units)
    Germany
    Abroad
    Production (units)
    Germany
    Abroad
    Employees	(yearly	average)
    Germany
    Abroad


    Financial Data (in € million )


    Sales revenue


    Profit before tax
    Profit after tax


    Cash flows from operating activities*
    Cash flows from investing activities*




    * 2008 and 2007	adjusted.
w w w.v o l k s w a g e n a g . c o m / i r                                       9




      2009              2008              2007        2006             2005


      6,310            6,272             6,192        5,720           5,193
      1,288            1,013             1,030        1,093           1,019
      5,022            5,259             5,162        4,627           4,174
      6,055            6,347             6,213        5,660           5,219
      1,938            2,146             2,086        1,935           1,913
      4,117            4,201             4,127        3,725           3,306
        367              357                  329      329              345
        173              178                  175      174              179
        194              179                  154      155              166


      2009              2008              2007        2006             2005


   105,187           113,808          108,897       104,875          93,996


      1,261            6,608             6,543        1,793           1,621
        911            4,688             4,122        1,955           1,050


    12,741             2,702             9,308       14,470          10,709
    10,428            11,613             7,120       11,911          10,365




                                                              December 31, 2009
10 V O L K S W A G E N S H A R E K E Y F I G U R E S




       Dividend development
       Number	of	no­par	value	shares	at	Dec.	31                                    	
       	   Ordinary	shares                                                         	 thousands	
       	   Preferred	shares                                                        	 thousands
       Dividend
       	   per	ordinary	share                                                      	             €	
       	   per	preferred	share                                                     	             €

       Share price development 1
       Ordinary	shares                                                             	
       	   Closing                                                                 	             €
       	   Annual	high                                                             	             €
       	   Annual	low                                                              	             €
       Preferred	shares
       	   Closing                                                                 	             €
       	   Annual	high                                                             	             €	
       	   Annual	low                                                              	             €
       Market	capitalization	at	Dec.	31                                            	    € billion
       Equity	at	Dec.	31                                                           	    € billion
       Ratio	of	market	capitalization	to	equity                                    	       factor

       Key figures per share
       Earnings	per	ordinary	share	
       	   basic                                                                   	             €	
       	   diluted                                                                 	             €
       Operating	profit 3                                                          	             €
       Cash	flows	from	operating	activities 3                                      	             €
       Equity 4                                                                    	             €
       Price/earnings	ratio 5                                                      	       factor
       Price/cash	flow	ratio 5                                                     	       factor
       Dividend	yield                                                              	
       	   ordinary	share                                                          	             %
       	   preferred	share                                                         	             %
       Price	development	(excluding	dividends)                                     	
       	   ordinary	share                                                          	             %
       	   preferred	share                                                         	             %


       Turnover on German stock exchanges 6
       Turnover	of	Volkswagen	ordinary	shares                                	          € billion
                                                                                 million	shares
       Volkswagen	share	of	total	DAX	turnover                                                    %
           1)	Xetra	prices.
           2)	For	2006	from	continuing	and	discontinued	operations.
           3)	Based	on	the	weighted	average	number	of	ordinary	and	preferred	shares	outstanding	(basic).
w w w.v o l k s w a g e n a g . c o m / i r                                                       11




     2009                  2008                 2007                 2006               2005


 295,005              294,920              291,337               286,980            321,930
 105,238              105,238              105,238               105,238            105,238


      1.60                 1.93                 1.80                  1.25              1.15
      1.66                 1.99                 1.86                  1.31              1.21

     2009                  2008                 2007                 2006               2005


    77.00               250.00               156.10                 85.89              44.61
  298.85                945.00               197.90                 85.89              54.01
    72.41               148.43                 82.60                45.10              31.88


    65.74                38.02               100.00                 56.55              32.50
    81.72               108.30               131.00                 56.55              40.00
    30.24                29.30                 54.14                32.85              24.00
      29.6                 77.7                 56.0                  30.6              15.9
      35.3                 35.0                 31.9                  26.9              23.6
      0.84                 2.22                 1.75                  1.14              0.67

     2009                 2008                  2007                 2006              2005


     2.38                 11.92                10.43                 7.07 2             2.90
     2.38                 11.88                10.34                 7.04 2             2.90
     4.64                 15.91                15.60                  5.18              6.60
    31.84                 27.13                39.72                37.32              27.86
    88.15                 87.49                80.38                68.59              55.25
     36.2                  21.0                  15.0                 12.1              15.4
       2.4                   9.2                  3.9                  2.3               1.6


       2.1                   0.8                  1.2                  1.5               2.6
       2.5                   5.2                  1.9                  2.3               3.7


   – 69.2                + 60.2               + 81.7               + 92.5             + 33.8
   + 72.9                – 62.0               + 76.8               + 74.0             + 33.1


     2009                  2008                 2007                 2006               2005
      23.5               136.5                 103.1                  50.5              30.9
    129.6                562.8                 877.3                770.4              735.7
      3.2 7                  8.0                  5.3                  3.9               3.3
 4)	Based	on	the	total	number	of	ordinary	and	preferred	shares	on	December	31.
 5)	Using	closing	prices	of	the	ordinary	shares.
 6)	Order	book	turnover	on	German	exchanges.
 7)	On	December	23, 2009,	preferred	shares	replaced	ordinary	shares	in	the	DAX.

                                                                              December 31, 2009
12 SHARE PRICE DEVELOPMENT FROM DEC. 2004 TO DEC. 2009




      800




      600




      400




      200


      100
            December	2004


                              March	2005


                                           June	2005


                                                       September	2005


                                                                        December	2005


                                                                                        March	2006


                                                                                                     June	2006


                                                                                                                 September	2006


                                                                                                                                  December	2006


                                                                                                                                                  March	2007




                            Index based on month-end prices:
                            Dec. 31, 2004 = 100
w w w.v o l k s w a g e n a g . c o m / i r                                                                                             13
June	2007


            September	2007


                                 December	2007


                                                 March	2008


                                                              June	2008


                                                                          September	2008


                                                                                           December	2008


                                                                                                           March	2009


                                                                                                                        June	2009


                                                                                                                                    September	2009


                                                                                                                                                     December	2009




                              Volkswagen preferred share                                             Volkswagen ordinary share

                              DJ Euro STOXX 50                                                       DJ Euro STOXX Automobile

                              German Share Index (DAX)


                                                                                                                                       December 31, 2009
14 S I G N I F I C A N T G R O U P C O M PA N I E S




    Name, location                                          Equity interest in %

    Automotive Division
    VOLKSWAGEN	AG,	Wolfsburg
    Volkswagen	Sachsen	GmbH,	Zwickau		                                     100.00
    VOLKSWAGEN	SLOVAKIA,	a.s.,	Bratislava/Slovak	Republic		                100.00
    SITECH	Sitztechnik	GmbH,	Wolfsburg		                                   100.00
    Volkswagen	Navarra,	S.A.,	Arazurí	(Navarra)/Spain		                    100.00
    AUTOEUROPA­AUTOMÓVEIS	LDA.,	Palmela/Portugal		                         100.00
    Volkswagen	Motor	Polska	Sp.z	o.o.,	Polkowice/Poland		                  100.00
    Volkswagen­Audi	España,	S.A.,	El	Prat	de	Llobregat	
    (Barcelona)/Spain		                                                    100.00
    Volkswagen	Original	Teile	Logistik	GmbH	&	Co.	KG,	Baunatal		            52.96
    VOLKSWAGEN	Group	United	Kingdom	Ltd.,	
    Milton	Keynes/United	Kingdom		                                         100.00
    Groupe	VOLKSWAGEN	France	s.a.,	Villers­Cotterêts/France		              100.00
    Automobilmanufaktur	Dresden	GmbH,	Dresden		                            100.00
    Volkswagen	Poznan	Sp.z	o.o.,	Poznan/´ oland		
                                          P                                100.00
    Volkswagen	Group	Sverige	Aktiebolag,	Södertälje/Sweden	                100.00
    Auto	5000	GmbH,	Wolfsburg		                                            100.00
    Volkswagen	Group	of	America,	Inc.,	
    Herndon,	Virginia/USA		                                                100.00
    Volkswagen	Group	Canada,	Inc.,	Ajax,	Ontario/Canada		                  100.00
    VOLKSWAGEN	Group	Japan	K.K.,	Toyohashi/Japan		                         100.00
    OOO	VOLKSWAGEN	Group	Rus,	Kaluga/Russia		                               93.78

    AUDI	AG,	Ingolstadt		                                                   99.55
    AUDI	BRUSSELS	S.A./N.V.,	Brussels/Belgium		                            100.00
    AUDI	HUNGARIA	MOTOR	Kft.,	Györ/Hungary		                               100.00
    Audi	of	America,	LLC,	Herndon,	Virginia/USA		                          100.00
    Audi	Volkswagen	Korea	Ltd.,	Seoul/Korea		                              100.00
    Audi	Volkswagen	Middle	East	FZE,	
    Dubai/United	Arab	Emirates		                                           100.00
    Automobili	Lamborghini	Holding	S.p.A.,	Sant'	Agata	Bolognese/Italy		   100.00
    VOLKSWAGEN	GROUP	ITALIA	S.P.A.,	Verona/Italy		                         100.00
    quattro	GmbH,	Neckarsulm	                                              100.00

    SEAT,	S.A.,	Martorell,	Barcelona/Spain		                               100.00
    SEAT	Deutschland	GmbH,	Mörfelden­Walldorf		                            100.00
    Gearbox	del	Prat,	S.A.,	El	Prat	de	Llobregat	(Barcelona)/Spain		       100.00

    ãKODA	AUTO	a.s.,	Mladá	Boleslav/Czech	Republic		                       100.00
    ãkodaAuto	Deutschland	GmbH,	Weiterstadt		                              100.00
    ãKODA	AUTO	Slovensko	s.r.o.,	Bratislava/Slovak	Republic		              100.00
    ãKODA	AUTO	POLSKA,	S.A.,	Poznan/Poland		                                51.00

    Bentley	Motors	Ltd.,	Crewe/United	Kingdom		                            100.00

    Volkswagen	de	México,	S.A.	de	C.V.,	Puebla/Pue./Mexico		               100.00

    Volkswagen	do	Brasil	Ltda.,	São	Bernardo	do	Campo,	SP/Brazil		         100.00

    Volkswagen	Argentina	S.A.,	Buenos	Aires/Argentina		                    100.00

                                                                 December 31, 2009
w w w.v o l k s w a g e n a g . c o m / i r                                                           15




Name, location                                                           Equity interest in %

Volkswagen	of	South	Africa	(Pty)	Ltd.,	Uitenhage/South	Africa		                           100.00

Scania	AB,	Södertälje/Sweden	1	                                                            49.29
S.A.S.	Scania	Holding	France,	Angers/France	                                              100.00
Scania	Deutschland	Holding	GmbH,	Koblenz	                                                 100.00
Scania	Europe	Holding	B.V.,	Zwolle/The	Netherlands	                                       100.00
Scania	CV	AB,	Södertälje/Sweden	                                                          100.00

Shanghai­Volkswagen	Automotive	Company	Ltd.,	Shanghai/PR.	China 2 	 50.00
FAW­Volkswagen	Automotive	Company,	Ltd.,	Changchun/PR.	China 2		 40.00
Volkswagen	(China)	Investment	Company	Ltd.,	Beijing/PR.	China			 100.00

Volkswagen	Group	Services	S.A.,	Brussels/Belgium		                 100.00
Volkswagen	International	Finance	N.V.,	Amsterdam/The	Netherlands		 100.00

Porsche	Zwischenholding	GmbH,	Stuttgart 2,4                                                 49.90
Dr.	Ing.	h.c.	F.	Porsche	AG,	Stuttgart	                                                         –

MAN	SE,	Munich 3		                                                                          28.67

Financial Services Division
VOLKSWAGEN	FINANCIAL	SERVICES	AG,	Braunschweig		                       100.00
Volkswagen	Leasing	GmbH,	Braunschweig		                                100.00
Volkswagen	Bank	GmbH,	Braunschweig		                                   100.00
Volkswagen	Reinsurance	AG,	Braunschweig		                              100.00
Volkswagen­Versicherungsdienst	GmbH,	Wolfsburg		                       100.00
VOLKSWAGEN	FINANCE,	S.A.,	Alcobendas	(Madrid)/Spain		                  100.00
Volkswagen	Financial	Services	(UK)	Ltd.,	Milton	Keynes/United	Kingdom		100.00
Volkswagen	Financial	Services	N.V.,	Amsterdam/The	Netherlands		 100.00
Volkswagen	Financial	Services	Japan	Ltd.,	Tokyo/Japan		                100.00
ãkoFIN	s.r.o.,	Prague/Czech	Republic		                                 100.00

Global	Mobility	Holding	B.V.,	Amsterdam/The	Netherlands	 2, 5		                             50.00
LeasePlan	Corporation	N.V.,	Amsterdam/The	Netherlands	                                          –
Volkswagen	Pon	Financial	Services	B.V.,	
Amersfoort/The	Netherlands 2		                                                              60.00

VW	CREDIT,	INC.,	Wilmington,	Delaware/USA		                                               100.00
VOLKSWAGEN	LEASING	SA	DE	CV,	Puebla/Mexico		                                              100.00
VOLKSWAGEN	BANK	SA	INSTITUCION	DE	BANCA	MULTIPLE,
Puebla/Mexico		                                                                           100.00

Financial	services	companies	in	Brazil,	São	Paulo/Brazil		        100.00
Financial	services	companies	in	Argentina,	Buenos	Aires/Argentina		 00.00
                                                                  1

1)			The	share	of	the	voting	rights	in	Scania	is	71.81 %	and	thus	differs	from	the	equity	interest.
2)	 Joint	ventures	are	accounted	for	using	the	equity	method.
3)			The	share	of	the	voting	rights	in	MAN	is	29.9 %		and	thus	differs	from	the	
	 equity	interest.	The	company	is	accounted	for	using	the	equity	method.
4)		Porsche	Zwischenholding	GmbH,	Stuttgart,	holds	100 % of	the	shares	of	
	 Dr.	Ing.	h.	c.	F.	Porsche	AG,	Stuttgart.	
	 The	company‘s	fiscal	year	ends	on	June	30,	2010.
5)			Global	Mobility	Holding	B.	V.,	Amsterdam,	holds	all	shares	of	
	 LeasePlan	Corporation	N.	V.,		Amsterdam.

                                                                              December 31, 2009
16 P R O D U C T I O N N E T W O R K G E R M A N Y




               7



                      ö           4       3, 12
                                          5
                                      8



                                  6                              11
                                                           9
                                                      10




                              2
                                                  1




                                                               December 31, 2009
w w w.v o l k s w a g e n a g . c o m                                            17




GERMANY                                 7 Emden plant
                                        (7,500	employees)
AUDI AG (46,500	employees;              PASSAT,	PASSAT	VARIANT,	PASSAT	CC
founded	in	1909,	1965	acquisition	
of	50 %	of	the	capital	of	Auto­         8 Salzgitter plant
Union	GmbH;	today	more	than	            (6,000	employees)
99 %	owned	by	VOLKSWAGEN	AG)            engines


1 Ingolstadt plant                      Volkswagen Sachsen GmbH
AUDI	A3,	AUDI	A3	SPORTBACK,	AUDI	A4,	   (7,750	employees;	
AUDI	A4	AVANT,	AUDI	A4	ALLROAD,	        founded	in	1990; wholly	owned	
AUDI	A5	COUPÉ,	AUDI	A5	SPORT­           by VOLKSWAGEN	AG)
BACK,	AUDI	Q5, components:	engine	
components                              9 Chemnitz plant
                                        engines
2 Neckarsulm plant
AUDI	A4,	AUDI	A5	CABRIOLET,	            10 Zwickau plant
AUDI	A6,	AUDI	A6	AVANT,	AUDI	A6	        GOLF,	PASSAT
ALLROAD,	AUDI	A8,	AUDI	R8	COUPÉ,	
AUDI	R8	SPYDER                          Automobilmanufaktur
                                        Dresden GmbH
VOLKSWAGEN AG                           (380	employees;	founded	in	1998;
(95,200	employees;	founded	as	          wholly	owned	by VOLKSWAGEN	AG)
Volkswagenwerk	GmbH	in 1938)
                                        11 Gläserne Manufaktur
3 Wolfsburg plant                       Dresden
(50,000	employees)                      PHAETON
GOLF,	GOLF	PLUS,	TIGUAN,	
TOURAN,	components:	press	shop,	        SITECH Sitztechnik GmbH
chassis,	plastics	technology            (1,700	emloyees;	founded	in	2001;
                                        wholly	owned	by	SITECH	Sp.	z	o.o.)
4 Hanover plant
(12,750	employees)                      12 Wolfsburg plant
T5,	T5	GP,	components:	foundry,	        components:	seating	technology
heat	exchangers
                                        öVolkswagen Osnabrück
5 Brunswick plant                       GmbH
(5,500	employees)                       (from	2011)
chassis	components


6 Kassel plant
(13,450	employees)
gearboxes,	components:	foundry



                                                             December 31, 2009
18 P R O D U C T I O N N E T W O R K E U R O P E




                                                            25




                                                                 30
                                                  23


                                             24


                                                                              22
                                                  29

                16            28
                                                  18
                             27              19, 20

                            13
                                           39 4140
                                                       34
                                 15                33
                  26                              42

                                      17
                                                  14
                38     35
                       36
                       37

      21




                                                                 December 31, 2009
w w w.v o l k s w a g e n a g . c o m                                          19




BELGI UM                                ITALY

AUDI BRUSSELS S.A.                      Automobili Lamborghini
(2,200	employees;	                      S.p.A.
founded	in 1971;	wholly	owned	          (990 employees;	founded	in	1963,
by	VOLKSWAGEN	AG)                       wholly	owned	by	Automobili	
                                        Lamborghini	Holding	S.p.A.,		wholly	
13 Brussels plant                       owned	by	AUDI	AG	since	1998)
AUDI	A3	SPORTBACK,	POLO	(2009	
end	of	production)                      17 Sant’ Agata Bolognese plant
                                        GALLARDO	COUPÉ,	GALLARDO	
BOSN IA-H ERZEGOVI NA                   SPYDER,	MURCIÉLAGO	COUPÉ,	
                                        MURCIÉLAGO	ROADSTER,	engines
VOLKSWAGEN SARAJEVO,
d.o.o.                                  POLAND
(founded	in 1998;
58% VOLKSWAGEN	AG,	
                                        Volkswagen Pozna´ Sp. z o.o.
                                                        n
                                        (5,000	employees;	founded	in 1993; 	
42%	Prevent	Sarajevo	d.o.o.)
                                        wholly	owned	by Volkswagen	
                                        International	Finance	N.V.)
14 Sarajevo plant
Eco	Carrier,	components:
                                        18 Pozna´ plant
                                                n
ring	gears,	stub	axles
                                        CADDY	3, T5, T5	GP,	
                                        components:	foundry
FRANCE
                                        Volkswagen Motor Polska
Bugatti Automobiles SAS                 Sp. z o.o.
(65 employees;	founded	in	1910;	        (1,150	employees;	founded	in
part	of	the	Volkswagen	Group	           1998; wholly	owned	by Volkswagen	
since	1998;	today	wholly	owned	by	      Inter	 ational	Finance	N.V.)
                                             n
Groupe	VOLKSWAGEN	France	s.a.)
                                        19 Polkowice plant
15 Molsheim plant                       engines
VEYRON	16.4, VEYRON	GRAND	SPORT
                                        SITECH Sp. z o.o.
                                        (1,400	employees;	wholly	owned	
GREAT BRITAI N
                                        by Volkswagen	International	Finance	
                                        N.V.)
Bentley Motors Ltd.
(3,400 employees;	founded	in	1919;	     20 Polkowice plant
wholly	owned	by	VOLKSWAGEN	AG)          components:	seating	technology

16 Crewe plant
ARNAGE,	BROOKLANDS,		AZURE,	
CONTINENTAL	FLYING	SPUR,	
CONTINENTAL	GT,	
CONTINENTAL	GTC,	engines
                                                           December 31, 2009
20 P R O D U C T I O N N E T W O R K E U R O P E




    PORTUGAL                                25 Luleå plant (Sweden)
                                            Components	(production	of	
    AUTOEUROPA -                            frame	members)
    AUTOMÓVEIS LDA.
    (3,000	employees;	founded	in            26 Angers plant
    1991; 74 %	Volkswagen	Inter­            (France)
    national	Finance	N.V.;	26 % Global	     Assembly	of	trucks
    VW	Automotive	B.V.)
                                            27 Zwolle plant
    21 Palmela plant                        (The Netherlands)
    EOS,	SCIROCCO,	SHARAN,	                 Assembly	of	trucks
    SEAT	ALHAMBRA
                                            28 Meppel
    RUSSIA                                  (The Netherlands)
                                            Components,	components	paint	
    OOO Volkswagen Group Rus
                                            shop
    (2,000	employees;	founded	in
    1999; 28.06 %	VOLKSWAGEN	AG,	
                                            29 Slupsk plant (Poland)
    16.80 %	SKODA	AUTO	a.s.,	48.92 %	
                                            Assembly	of	bus	bodies
    Volkswagen	International	Finance	
    N.V.,	6.22 %	European	Bank	for	
                                            30 St. Petersburg plant
    Reconstruction	and	Development)
                                            (Russia)
                                            Assembly	of	bus	bodies
    22 Kaluga plant
    TIGUAN,	ãKODA	OCTAVIA,	several	
                                            31 São Paulo plant
    SKD	models	of	the	Volkswagen,	
                                            (Brazil)
    Volkswagen	Commercial	Vehicles,	
                                            Production	of	engines,	axles,	cabs,	
    ãkoda	and	Audi	brands
                                            truck	and	bus	chassis

    SWEDEN
                                            32 Tucumán plant
                                            (Argentina)
    Scania AB
                                            Powertrain	components	
    (32,330	employees*;	founded	in	
                                            (production)
    1891, VOLKSWAGEN	AG	49.29 %	
    share	capital	and	71.81 %	voting	
    rights)

    23 Södertälje plant
    (Sweden)
    Production	of	truck	and	bus	chassis,	
    components	(engines,	transmission	
    and	axle	production)	

    24 Oskarshamn plant
    (Sweden)
    Components	(production	of	cabs)


    *	as	reported	by	Scania                                      December 31, 2009
w w w.v o l k s w a g e n a g . c o m                                           21




SLOVAK REPUBLIC                         Volkswagen Navarra, S.A.
                                        (4,850	employees;
VOLKSWAGEN SLOVAKIA a.s.                founded	in	1993	when	the	
(6,600 employees;	                      Pamplona	plant	was	spun	off	from	
founded	in	1991;	wholly	owned	          SEAT	S.A.	as	”Fabrica	Navarra	de	
by	Volks	 agen	International	
        w                               A
                                        	 utomoviles	S.A.“,	100 %	SEAT,	S.A.)
Finance	N.V.)
                                        38 Pamplona plant
33 Bratislava plant                     POLO,	engines	(assembly	only)
TOUAREG,	ãKODA	OCTAVIA,	
AUDI	Q7, PORSCHE	CAYENNE,	              CZECH REPUBLIC
	gearboxes	(assembly	only)
                                        ãKODA AUTO a.s.
34 Martin plant                         (23,600 employees;
components:	gearboxes/chassis           founded	in	1895;	wholly	owned	
                                        by	Volkswagen	International	Finance	
SPAI N                                  N.V.)

SEAT, S.A.                              39 Mladá Boleslav plant
(11,500	employees;	                     FABIA,	FABIA	COMBI,	OCTAVIA,	
founded	in	1950,	wholly	owned	by	       OCTAVIA	COMBI,	engines,	gearboxes,	
VOLKSWAGEN	AG)                          components:	foundry


35 Barcelona plant                      40 Kvasiny plant
components:	press	shop                  ROOMSTER,	PRAKTIK,	YETI,	SUPERB,	
                                        SUPERB	COMBI
36 Martorell plant
IBIZA,	IBIZA	SC,	CORDOBA,	LEON,	        41 Vrchlabí plant
TOLEDO,	ALTEA,	ALTEA	XL,	               OCTAVIA,	OCTAVIA	COMBI
ALTEA	FREETRACK,	EXEO,	EXEO	ST,
engines	(assembly	only)                 H U NGARY

Gearbox del Prat, S.A.                  AUDI HUNGARIA MOTOR
(founded	in	1989,	wholly	owned	by	      Kft.
SEAT,	S.A.)                             (5,600 employees;
                                        founded	in	1993;	
37 Prat plant                           wholly	owned	by	AUDI	AG)
gearboxes,	components:	foundry
                                        42 Györ plant
                                        AUDI	A3	CABRIOLET,	AUDI		TT	COUPÉ,	
                                        AUDI		TT	ROADSTER,	engines




                                                            December 31, 2009
22 PRODUCTION NETWORK NORTH/SOUTH AMERICA AND SOUTH AFRICA




                            ö



                       43




                                             48 49
                                                     31
                                      32             47
                                     44         46                         50
                                        45




   USA                                         BRAZIL

   öVolkswagen Group of                        Volkswagen do Brasil
   America Chattanooga                         Indústria de Veículos
   Operations, LLC.                            Automotores Ltda.
   (from 2011)                                 (21,700	employees;	founded	in
                                               1953;	wholly	owned	by	Volkswagen	
   MEXICO                                      International	Finance	N.V.)

   Volkswagen de México, S.A.                  46 Anchieta plant
   de C.V. (13,200	employees;                  GOL,	SAVEIRO,	NEW	SAVEIRO,	POLO,	
   founded	in 1964; wholly	owned	              POLO	CLASSIC,	PARATI,	T2,	engines,	
   by	VOLKSWAGEN	AG)                           gearboxes:	foundry

   43 Puebla plant                             47 Curitiba plant
   JETTA,	NEW	BEETLE,	NEW	BEETLE	              FOX,	GOLF
   CABRIOLET,	JETTA	VARIANT,	GOLF	
   VARIANT	EUROPE,	BUS,	TRUCK,	                48 São Carlos plant
   engines:	foundry                            engines

   ARGENTINA                                   49 Taubaté plant
                                               GOL,	VOYAGE
   Volkswagen Argentina S.A.
   (5,100	employees;	founded	in                SOUTH AFRICA
   1980; wholly	owned	by	SEAT,	S.A.)
                                               Volkswagen of South Africa
   44 Cordoba plant                            (Pty) Ltd. (4,750	employees;	
   gearboxes                                   founded	in 1956;	wholly	owned	by	
                                               VOLKSWAGEN	AG	since	1974)
   45 Pacheco plant
   FOX,	SURAN,	AMAROK,	engines                 50 Uitenhage plant
   (assembly	only)                             POLO,	POLO	CLASSIC,	CITI	GOLF	(2009	
                                               end	of	production),	JETTA,	BUS,	
                                               CONSTELLATION	MEDIUM,	
                                               CONSTELLATION	HEAVY,	engines
   December 31, 2009
PRO DU CTION N E T WO R K AS IA / PAC I F I C                                   23




                                           55,57
                                           58




                             56      54 53,59,
                                         60


    51
   52




INDIA                                    53 Shanghai (Anting) plant
                                         ãKODA	FABIA	JINGRUI,	
ãKODA AUTO India Private Ltd.            ãKODA	OCTAVIA	MINGRUI,		
(840 employees;	founded	in 1999;         ãKODA	SUPERB	HAORUI,	
wholly	owned	by ãKODA	AUTO	a.s.)         POLO	JINQING,	POLO	JINQU,	LAVIDA,	
                                         SANTANA,	PASSAT	CLASSIC,	
51 Aurangabad plant                      PASSAT	LINGYU,	TOURAN,	engines
ãKODA	FABIA,	ãKODA	OCTAVIA,	
ãKODA	SUPERB,	                           54 Nanjing plant
JETTA,	PASSAT,	AUDI	A4,	AUDI	A6          SANTANA	VISTA

Volkswagen India Private Ltd.            FAW-Volkswagen
(1,100	employees;	founded	in             Automotive Company Ltd.
2007; VOLKSWAGEN	AG	90.99 %	             (11,700	employees;	founded	in
share	capital	and	0.0001 %	voting	       1991; 20 % VOLKSWAGEN	AG,	10 %
rights,	Volkswagen	International	        Volkswagen	(China)	Investment	
Finance	N.V.	9.01 %	share	capital	       Company	Ltd.,	10 %	AUDI	AG,	50 %	
and	99.9999 %	voting	rights)             First	Automobile	Works	Corp./FAW)

52 Pune plant                            55 Changchun plant
ãKODA	FABIA,	POLO                        JETTA	A2,	NEW	BORA,	GOLF,	SAGITAR,	
                                         MAGOTAN,	AUDI	A4,	AUDI	A6,	
PEOPLE’S REPUBLIC OF CHINA               AUDI	Q5,	engines,	gearboxes

Shanghai-Volkswagen                      56 Chengdu plant
Automotive Company Ltd.                  JETTA	A2
(19,000	employees;	founded	in
1985; 40 % VOLKS	 AGEN	AG,	
                W
10 % Volkswagen	(China)	Invest­
ment	Company	Ltd.,	50 % Shanghai	
Automotive	Group	Company	Ltd/
SAGCL)
                                                            December 31, 2009
24 PRO DUCTION N E T WOR K AS I A / PAC I F IC




                                              55,57
                                              58




                                56      54 53,59,
                                            60


        51
       52




   Volkswagen FAW Platform                  VOLKSWAGEN Transmission
   Company Ltd.                             (Shanghai) Company Ltd.
   (founded	in 2005;	60 % Volkswagen	       (founded	in 2001;	60 % Volkswagen	
   (China)	Investment	Company	Ltd.,	        (China)	Investment	Company	Ltd.,	
   40 %	FAWER	Automobile	Parts	Co.	         20 % FAW­Car	Company,	20 % SAIC	
   Ltd.)                                    Motor	Co.,	Ltd.)

   57 Changchun plant                       59 Shanghai (Jiading) plant
   components:	chassis,	axles               gearboxes

   VOLKSWAGEN FAW Engine                    Shanghai Volkswagen
   (Dalian) Co., Ltd.                       Powertrain Company Ltd.
   (founded	in 2005;	60 % Volkswagen	
                                            (founded	in 2005;	60 % Volkswa­
   (China)	Investment	Company	Ltd.,	
                                            gen	(China)	Investment	Company	
   40 %	First	Automobile	Works	Corp./
                                            Ltd.,	40 %	Shanghai	Automotive	
   FAW)
                                            Group	Company	Ltd./SAGCL)

   58 Dalian plant                          60 Shanghai (Loutang) plant
   engines,	gearboxes
                                            engines




                                                               December 31, 2009
EN V I RONM E NT A N D TRANS PORT w w w.vo lkswa ge n ag . co m 25




Volkswagen Group models with CO2 emissions of less than 140 g/km
for the German market


5 models ≤ 100 CO2 / km             58 models ≤ 120 CO2 / km

100                                  100


 80                                   80


 60                                   60


 40                                   40

                                           23
 20                                   20         15      14
       3      0      2       0                                      6

      VW    Audi    SEAT    ãkoda          VW   Audi    SEAT    ãkoda




104 models ≤ 130 CO2 / km           174 models ≤ 140 CO2 / km

100                                  100

                                           78
 80                                   80


 60                                   60
      49

                                                 38
 40                                   40
                                                                   31
                                                         27
             24
 20                 16      15        20



      VW    Audi    SEAT    ãkoda          VW   Audi    SEAT    ãkoda




                                                       December 31, 2009
26 D E L I V E R I E S T O C U S T O M E R S




    Worldwide                                                                         2008
                                                              December	31, 2009       2009
    Group
                                                                                  6,256,843*
                                                                                  6,336,222 (= +1.3 %)
    Volkswagen	Passenger	Cars
                                                                                  3,667,843
                                                                                  3,954,454 (= +7.8 %)
    Audi
                                                                                  1,003,469
                                                                                  949,729 (= -5.4 %)
    SEAT
                                                                                  368,104
                                                                                  336,683 (= -8.5 %)
    ãkoda
                                                                                  674,530
                                                                                  684,226 (= +1.4 %)
    Volkswagen	Commercial	Vehicles
                                                                                  502,265
                                                                                  361,506 (= -28.0 %)
    Bentley
                                                                                  7,604
                                                                                  4,616 (= -39.3 %)
    Bugatti
                                                                                  71
                                                                                  50 (= -29.6 %)
    Lamborghini
                                                                                  2,430
                                                                                  1,515 (= -37.7 %)
    Scania
                                                                                  30,527*
                                                                                  43,443 (= +42.3 %)


    Europe                                                                            2008
                                                              December	31, 2009       2009
    Group*
                                                                                  3,530,655
                                                                                  3,281,198 (= -7.1 %)
    Volkswagen	Passenger	Cars
                                                                                  1,571,705
                                                                                  1,564,084 (= -0.5 %)
    Audi
                                                                                  709,677
                                                                                  618,854 (= -12.8 %)
    SEAT
                                                                                  343,211
                                                                                  312,222 (= -9.0 %)
    ãkoda
                                                                                  570,285
                                                                                  525,572 (= -7.8 %)
    Volkswagen	Commercial	Vehicles
                                                                                  331,660
                                                                                  258,038 (= -22.2 %)
    Bentley
                                                                                  3,090
                                                                                  1,739 (= -43.7 %)
    Bugatti
                                                                                  30
                                                                                  22 (= -26.7 %)
    Lamborghini
                                                                                  997
                                                                                  667 (= -33.1 %)



    *		Scania	delivery	figures:	July	22 –	December 31, 2008
    **	excl.	Scania
w w w.v o l k s w a g e n a g . c o m                                             27




Western Europe excl. Germany                                    2008
                                        December	31, 2009       2009
Group*
                                                            1,915,870
                                                            1,655,260 (= -13.6 %)
Volkswagen	Passenger	Cars
                                                            872,022
                                                            766,397 (= -12,1.%)
Audi
                                                            408,873
                                                            359,465 (= -12,1 .%)
SEAT
                                                            270,518
                                                            236,852 (= -12.4 %)
ãkoda
                                                            203,067
                                                            182,857 (= -10.0 %)
Volkswagen	Commercial	Vehicles
                                                            158,285
                                                            107,776 (= -31.9 %)
Bentley
                                                            2,347
                                                            1,363 (= -41.9 %)
Bugatti
                                                            21
                                                            18 (= -14.3 %)
Lamborghini
                                                            737
                                                            532 (= -27.8 %)




Central and Eastern Europe                                      2008
                                        December	31, 2009       2009
Group*
                                                            556,012
                                                            381,913 (= -31.3 %)
Volkswagen	Passenger	Cars
                                                            178,466
                                                            125,070 (= -29.9 %)
Audi
                                                            42,693
                                                            30,545 (= -28.5 %)
SEAT
                                                            31,410
                                                            19,188 (= -38.9 %)
ãkoda
                                                            254,714
                                                            180,387 (= -29.2 %)
Volkswagen	Commercial	Vehicles
                                                            48,525
                                                            26,586 (= -45.2 %)
Bentley
                                                            168
                                                            103 (= -38.7 %)
Lamborghini
                                                            36
                                                            34 (= -5.6 %)




*		excl.	Scania
28 D E L I V E R I E S T O C U S T O M E R S




    Germany                                                            2008
                                               December	31, 2009       2009
    Group*
                                                                   1,058,773
                                                                   1,244,025 (= +17.5 %)
    Volkswagen	Passenger	Cars
                                                                   521,217
                                                                   672,617 (= +29.0 %)
    Audi
                                                                   258,111
                                                                   228,844 (= -11.3 %)
    SEAT
                                                                   41,283
                                                                   56,182 (= +36.1 %)
    ãkoda
                                                                   112,504
                                                                   162,328 (= +44.3 %)
    Volkswagen	Commercial	Vehicles
                                                                   124,850
                                                                   123,676 (= -0.9 %)
    Bentley
                                                                   575
                                                                   273 (= -52.5 %)
    Bugatti
                                                                   9
                                                                   4 (= -55.6 %)
    Lamborghini
                                                                   224
                                                                   101 (= -54.9 %)




    Great Britain                                                      2008
                                               December	31, 2009       2009
    Group*
                                                                   377,460
                                                                   338,745 (= -10.3 %)
    Volkswagen	Passenger	Cars
                                                                   178,458
                                                                   157,536 (= -11.7 %)
    Audi
                                                                   101,522
                                                                   90,513 (= -10.8 %)
    SEAT
                                                                   29,397
                                                                   29,987 (= +2.0 %)
    ãkoda
                                                                   37,072
                                                                   36,012 (= -2.9 %)
    Volkswagen	Commercial	Vehicles
                                                                   29,356
                                                                   23,681 (= -19.3 %)
    Bentley
                                                                   1,438
                                                                   891 (= -38.0 %)
    Bugatti
                                                                   10
                                                                   5 (= -50.0 %)
    Lamborghini
                                                                   207
                                                                   120 (= -42.0 %)




    *		excl.	Scania
w w w.v o l k s w a g e n a g . c o m                                            29




Italy                                                           2008
                                        December	31, 2009       2009
Group*
                                                            263,591
                                                            236,458 (= -10.3 %)
Volkswagen	Passenger	Cars
                                                            143,651
                                                            130,649 (= -9.1 %)
Audi
                                                            62,053
                                                            57,204 (= -7.8 %)
SEAT
                                                            27,300
                                                            22,235 (= -18.6 %)
ãkoda
                                                            20,809
                                                            18,215 (= -12.5 %)
Volkswagen	Commercial	Vehicles
                                                            9,405
                                                            7,900 (= -16.0 %)
Bentley
                                                            143
                                                            44 (= -69.2 %)
Lamborghini
                                                            230
                                                            211 (= -8.3 %)




Spain                                                           2008
                                        December	31, 2009       2009
Group*
                                                            277,688
                                                            223,779 (= -19.4 %)
Volkswagen	Passenger	Cars
                                                            93,682
                                                            77,773 (= -17.0 %)
Audi
                                                            51,421
                                                            38,788 (= -24.6 %)
SEAT
                                                            99,496
                                                            83,008 (= -16.6 %)
ãkoda
                                                            20,487
                                                            17,598 (= -14.1 %)
Volkswagen	Commercial	Vehicles
                                                            12,534
                                                            6,568 (= -47.6 %)
Bentley
                                                            55
                                                            38 (= -30.9 %)
Bugatti
                                                            1
                                                            0 (= -100.0 %)
Lamborghini
                                                            12
                                                            6 (= -50.0 %)




*		excl.	Scania
30 D E L I V E R I E S T O C U S T O M E R S




    North America                                                      2008
                                               December	31,	2009       2009
    Group*
                                                                   502,949
                                                                   467,528 (= -7.0 %)
    Volkswagen	Passenger	Cars
                                                                   375,326
                                                                   344,776 (= -8.1 %)
    Audi
                                                                   102,273
                                                                   98,896 (= -3.3 %)
    SEAT
                                                                   13,066
                                                                   15,588 (= +19.3 %)
    Volkswagen	Commercial	Vehicles
                                                                   8,589
                                                                   6,429 (= -25.1 %)
    Bentley
                                                                   2,863
                                                                   1,443 (= -49.6 %)
    Bugatti
                                                                   19
                                                                   7 (= -63.2 %)
    Lamborghini
                                                                   813
                                                                   389 (= -52.2 %)




    USA                                                                2008
                                               December	31,	2009       2009
    Group*
                                                                   314.513
                                                                   297.973 (= -5,3 %)
    Volkswagen	Passenger	Cars
                                                                   223,128
                                                                   213,454 (= -4.3 %)
    Audi
                                                                   87,760
                                                                   82,716 (= -5.7 %)
    Volkswagen	Commercial	Vehicles
                                                                   2
                                                                   0 (= -100.0 %)
    Bentley
                                                                   2,863
                                                                   1,443 (= -49.6 %)
    Bugatti
                                                                   19
                                                                   7 (= -63.2 %)
    Lamborghini
                                                                   741
                                                                   353 (= -52.4 %)




    *		excl.	Scania
w w w.v o l k s w a g e n a g . c o m                                            31




South America                                                   2008
                                        December	31,	2009       2009
Group*
                                                            797,742
                                                            815,130 (= +2.2 %)
Volkswagen	Passenger	Cars
                                                            663,458
                                                            735,142 (= +10.8 %)
Audi
                                                            9,574
                                                            8,716 (= -9.0 %)
SEAT
                                                            2,957
                                                            1,491 (= -49.6 %)
ãkoda
                                                            2,623
                                                            1,819 (= -30.7 %)
Volkswagen	Commercial	Vehicles
                                                            119,130
                                                            67,957 (= -43.0 %)
Lamborghini
                                                            0
                                                            5




Brazil                                                          2008
                                        December	31,	2009       2009
Group*
                                                            633,293
                                                            688,270 (= +8.7 %)
Volkswagen	Passenger	Cars
                                                            526,297
                                                            623,056 (= +18.4 %)
Audi
                                                            1,376
                                                            2,010 (= +46.1 %)
Volkswagen	Commercial	Vehicles
                                                            105,620
                                                            63,199 (= -40.2 %)
Lamborghini
                                                            0
                                                            5




South Africa                                                    2008
                                        December	31,	2009       2009
Group*
                                                            72,774
                                                            51,982 (= -28.6 %)
Volkswagen	Passenger	Cars
                                                            55,996
                                                            39,379 (= -29.7 %)
Audi
                                                            9,525
                                                            8,710 (= -8.6 %)
SEAT
                                                            1,285
                                                            0 (= -100.0 %)
Volkswagen	Commercial	Vehicles
                                                            5,940
                                                            3,885 (= -34.6 %)
Lamborghini
                                                            28
                                                            8 (= -71.4 %)




*		excl.	Scania
32 D E L I V E R I E S T O C U S T O M E R S




    Asia-Pacific                                                       2008
                                               December	31,	2009       2009
    Group*
                                                                   1,170,358
                                                                   1,546,121 (= +32.1 %)
    Volkswagen	Passenger	Cars
                                                                   929,841
                                                                   1,200,505 (= +29.1 %)
    Audi
                                                                   155,131
                                                                   199,003 (= +28.3 %)
    ãkoda
                                                                   76,654
                                                                   138,782 (= +81.0 %)
    Volkswagen	Commercial	Vehicles
                                                                   7,256
                                                                   6,646 (= -8.4 %)
    Bentley
                                                                   1,051
                                                                   869 (= -17.3 %)
    Bugatti
                                                                   8
                                                                   6 (= -25.0 %)
    Lamborghini
                                                                   417
                                                                   310 (= -25.7 %)




    China                                                              2008
                                               December	31,	2009       2009
    Group*
                                                                   1,024,007
                                                                   1,400,013 (= +36.7 %)
    Volkswagen	Passenger	Cars
                                                                   843,956
                                                                   1,117,303 (= +32.4 %)
    Audi
                                                                   119,598
                                                                   158,941 (= +32.9 %)
    ãkoda
                                                                   59,284
                                                                   122,556 (= +106.7 %)
    Volkswagen	Commercial	Vehicles
                                                                   534
                                                                   612 (= +14.6 %)
    Bentley
                                                                   518
                                                                   484 (= -6.6 %)
    Lamborghini
                                                                   117
                                                                   117 (= 0.0 %)




    *		excl.	Scania
C O M P E T I T I V E S I T U AT I O N                                  33




M A R K E T S H A R E S O F N E W PA S S E N G E R C A R
R E G I S T R AT I O N S B Y C O U N T R Y ( V W G R O U P )

      2008
      2009             December	31, 2009

Germany
                                                               33.6 %
                                                               34.2 %
France
                                                               11.9 %
                                                               11.3 %
Great	Britain
                                                               16.3 %
                                                               15.9 %
Italy
                                                               11.2 %
                                                               10.1 %
Spain
                                                               23.0 %
                                                               23.2 %
Portugal
                                                               19.9 %
                                                               20.1 %
Belgium
                                                               19.6 %
                                                               19.1 %
The	Netherlands
                                                               17.1 %
                                                               18.3 %
Austria
                                                               31.1 %
                                                               31.7 %
Switzerland
                                                               23.3 %
                                                               24.1 %
Sweden
                                                               21.2 %
                                                               21.3 %
Norway
                                                               25.2 %
                                                               24.2 %
Denmark
                                                               17.3 %
                                                               15.8 %
Finland
                                                               23.0 %
                                                               25.0 %
Western	Europe	excl.	Germany
                                                               16.5 %
                                                               15.8 %
Western	Europe
                                                               20.4 %
                                                               20.9 %
Brazil
                                                               24.0 %
                                                               25.4 %
China
                                                               18.7 %
                                                               16.5 %
USA*
                                                                2.4 %
                                                                2.9 %
Worldwide
                                                               10.3 %
                                                               11.3 %
*	market	includes	passenger	cars	and	light	trucks
34 C O M P E T I T I V E S I T U AT I O N




    N E W PA S S E N G E R C A R R E G I S T R AT I O N S B Y M A R K E T

    Germany

    Volkswagen	Group
                                                                      34.17 %
    GM	Group
                                                                       9.79 %
    Ford	Group
                                                                       8.32 %
    PSA	Group
                                                                       6.08 %
    Renault
                                                                       3.83 %
    Fiat	Group
                                                                       4.76 %
    BMW	Group
                                                                       6.77 %
    Daimler	AG
                                                                       8.31 %
    Japanese	automakers
                                                                      11.02 %
    Toyota	Group
                                                                       3.92 %
    Korean	automakers
                                                                       3.86 %


    USA (Passenger	Cars	and	Light	Trucks)
    Volkswagen
                                                                            2.0 %
    Audi
                                                                            0.8 %
    Volkswagen Group
                                                                        2.9 %
    Toyota
                                                                       17.0 %
    Nissan
                                                                            7.4 %
    Honda
                                                                       11.0 %
    Japanese automakers (total)
                                                                       40.3 %
    Korean automakers (total)
                                                                        7.0 %
    BMW	Group
                                                                            1.9 %
    Daimler	AG
                                                                            2.0 %
    Further	imported	brands
                                                                            1.7 %
    Total imported brands
                                                                       55.8 %
    GM	Group
                                                                       19.8 %
    Ford	Group
                                                                       15.5 %
    Chrysler
                                                                            8.9 %
    Domestics
                                                                       44.2 %

                                                              December 31, 2009
w w w.v o l k s w a g e n a g . c o m                       35




Western Europe excl. Germany
Volkswagen	Group
                                               15.78 %
GM	Group
                                                 8.59 %
Ford	Group
                                               11.28 %
PSA	Group
                                               15.86 %
Renault
                                                 9.06 %
Fiat		Group
                                               10.36 %
BMW		Group
                                                 4.47 %
Daimler	AG
                                                 3.58 %
Japanese	automakers
                                               14.43 %
Toyota	Group
                                                 5.75 %
Korean	automakers
                                                 3.93 %


China (excl. Hong Kong)*
Shanghai	Volkswagen
                                                  8.2 %
FAW­Volkswagen
                                                  7.9 %
Volkswagen	Group	(local)
                                                 16.1 %
Volkswagen	Group	(imported	brands)
                                                  0.4 %
Volkswagen Group (total)
                                                 16.5 %
GM Group
                                                  9.3 %
Ford/Volvo Group
                                                  2.9 %
PSAGroup
                                                  3.2 %
Japanese automakers (total)
                                                 20.8 %
Korean automakers (total)
                                                  9.8 %
Chinese brands
                                                 23.4 %
Further international brands
                                                 11.5 %
Further imported brands
                                                  2.6 %


*	Source:	Volkswagen	Group	China        December 31, 2009
36 D E V E L O P M E N T S I N W O R K F O R C E




    VO L K SWA G E N G R O U P
    Development of workforce worldwide

      thousands
                                                                  369.9
      370                                                                      368.5


      360

      350
                          344.9
             342.5
      340


      330                                          329.3
                                      324.9

      320

      310

      300
             2004          2005        2006         2007            2008        2009

            Year­end	data,	employees	at	production	and	service	companies



                                                                        December 31, 2009

    VO L K SWA G E N G R O U P
    Absolute numbers of employees in Germany/abroad

      thousands                                                     195.6        195.9


                        178.7
     180 177.3                                                  174.3        172.6
                                    168.9       168.7
              165.2         166.2
                                                        160.6
     160                                155.9



     140


     120


     100
            2004         2005         2006         2007           2008          2009

               Germany               Year­end	data,	employees	at	
                                     production	and	service	companies
               abroad

                                                                        December 31, 2009
w w w.v o l k s w a g e n a g . c o m / i r                                             37




VO L K SWA G E N G R O U P
Workforce at production companies by country (excl. Scania)


                Italy    986
              Russia      1,978
               India      1,986
             Belgium       2,152
          Portugal          2,979
     Great	Britain          3,425
      South	Africa             4,748
         Argentina              5,550
          Hungary                 5,624
  Slovak	Republic                  6,513
              Poland                   8,601
             Mexico                            13,203
               Spain                                17,502
               Brazil                                      21,732
   Czech	Republic                                            23,655
               China                                                    30,752
         Germany                                                         151,429

                                                                    December 31, 2009

VO L K SWA G E N G R O U P
Workforce at production companies by employment category


 350,000

 300,000
               105,288    104,942         93,084   105,966    124,039     125,694
 250,000

 200,000
               228,418    230,959      222,592     214,037    236,005     232,960
 150,000

 100,000

   50,000

         0
                2004        2005           2006     2007       2008         2009

                  salaried	(excl.	apprentices)
                  hourly	workers	(excl.	apprentices)


                                                                    December 31, 2009
38 D E V E L O P M E N T S I N W O R K F O R C E




    VO L K SWA G E N A G
    Development of part-time employees


               102,520     101,028        94,000        90,468        90,363       95,164

                                 3,431
       3,000       2,912
                                                                                        2,780

       2,500                                                 2,303
                                                                           2,487
                                               2,249

       2,000

       1,500
       1.500

       1,000
       1.000

        500
                   2.8%          3.4%          2.4%          2.5%          2.8%             2.9%
           0
                2004          2005          2006          2007          2008          2009*

            total	(incl.	apprentices)                            *	2009	incl.	Auto5000	GmbH
            part­time	employees	(excl.	partial	retirement)


                                                                               December 31, 2009



    VO L K SWA G E N A G
    Development in share of female employees


            102,520         101,028       94,000       90,468        90,363        95,164

                                 13,984
     14,000
                   13,715

     13,500                                                                             13,397


     13,000
                                               12,472
     12,500                                                                12,427

                                                             11,966
     12,000

     11,500
                   13.4%         13.9%         13.3%         13.2%        13.8%         14.1%
     11,000
                2004          2005          2006          2007          2008         2009*

            total	(incl.	apprentices)                            *	2009	incl.	Auto5000	GmbH
            women


                                                                               December 31, 2009
w w w.v o l k s w a g e n a g . c o m / i r                                           39




VO L K SWA G E N A G
Overall age structure




                                    42.0          42.1          42.2
                                    years         years         years


       40
                      38.1
                      years




       35




       30
                      1998          2007          2008          2009*

                                              *	2009	incl.	Auto5000	GmbH


                                                                  December 31, 2009



VO L K SWA G E N A G
Health index


                                                                             %
     2009*                                                                 95.2

     2008                                                                  95.7

     2007                                                                  95.7

     2006                                                                  96.3

     2005                                                                  96.2

     2004                                                                  96.2

     2003                                                                  95.8

     2002                                                                  95.5

     2001                                                                  95.8

     2000                                                                  95.7

     *	2009	incl.	Auto5000	GmbH


                                                                  December 31, 2009
40 E M P L O Y E E S I N T E C H N I C A L D E V E L O P M E N T




                                                                                 Volkswagen
                                                                                  Individual
                                                                                     204

                                                                                     Sitech
                                                                                      134
                                                                           Bentley
                                                                            659


                                                                     Bugatti
                                                                       89



                                                                                     SEAT
                                                                                     939

                    Volkswagen
                   de México/NAR
                        868



                                                        Volkswagen do Brasil
                                                               983




                                            Volkswagen
                                            Argentina 1
                                                31




                                             1) incl. Robust Pick-Up/
                                                Volkswagen Commercial Vehicles
                                             2) incl. Audi Hungari Motor
w w w.v o l k s w a g e n a g . c o m / i r                                     41




       Volkswagen
     Passenger Cars
 Technical Development
Scania    7,764
2,642
           Volkswagen
        Commercial Vehicles
               741
           ãkoda
           1,562
                                                   FAW-Volkswagen
        Audi2                            Volkswagen     530
        6,423                            Group China           VTT Japan
                                             20                   36
  Lamborghini
     159

                                                  Shanghai Volkswagen
                                                        1,067




Volkswagen of
 South Africa
     122


                 Total: 25,585




                 612 further employees in Group Research




                                                                        December 31, 2009
42 GENERAL PROCUREMENT INFORMATION w w w.v o l k s w a g e n a g . c o m / i r




   Purchasing Volumes (Volkswagen Group)


                 75.4	billion	€
                                                     70.7 billion	€




                    2008*                                2009
        *	excl.	Scania


   Procurement Volumes by Brand and Company**

    Volkswagen	AG	(incl.	Passenger	Cars,	
    Commercial	Vehicles	and	ET­K)                 18,085.76           25.6 %
    VW	Slovakia                                    1,827.90            2.6 %
    VW	do	Brasil                                   4,252.64            6.0 %
    FAW	Volkswagen                                 6,031.20            8.5 %
    VW	Shanghai                                    7,151.58           10.1 %
    VW	de	México                                   2,618.78            3.7 %
    VW	Sachsen                                     2,082.61            2.9 %
    Auto	Europa                                     942.32             1.3 %
    Volkswagen	Motor	Polska                         571.69             0.8 %
    VW	of	South	Africa                              631.04             0.9 %
    VW	Argentina                                    666.12             0.9 %
    Audi	Brussels                                   491.12             0.7 %
    Volkswagen	RUS                                  326.22             0.5 %
    Volkswagen	India                                119.99             0.2 %
    Volkswagen	USA                                  710.35             1.0 %
    Bentley	                                        240.84             0.3 %
    Audi                                          11,475.02           16.2 %
    Audi	Hungaria	Motor	kft.                       2,660.70            3.8 %
    Lamborghini	                                    207.74             0.3 %
    ãkoda                                          4,171.86            5.9 %
    SEAT                                           2,680.16            3.8 %
    Scania                                         2,745.00            3.9 %
    Total                                         70,690.65            100 %


   **million €           Reporting period: 2009                  December 31, 2009
O R G A N I Z AT I O N A L C H A R T S                                     43




      VOLKSWAGEN

	           	




	 	 Headquarters: Wolfsburg,	Germany
	 	 Share	of	capital	held:	100 %
	 	
	 	 Board	of	Management,	Volkswagen	Passenger	Cars	Brand:	
	 	 Prof.	Dr.	rer.	nat.	Martin	Winterkorn
	 	 	    Chairman
	 	 Dr.	rer.	pol.	Arno	Antlitz
	 	 	    Controlling	and	Accounting
	 	 Dr.-Ing.	Ulrich	Hackenberg
	 	 	    Technical	Development
	 	 Christian	Klingler
	 	 	    Sales	and	Marketing
	 	 Prof.	Dr.	Ing.	Werner	Neubauer
	 	 	    Component
	 	 Prof.	Dr.	rer.	pol.	Horst	Neumann
	 	 	    Human	Resources	and	Organization
	 	 Dr.	rer.	pol.	h.c.	Francisco	Javier	Garcia	Sanz
	 	 	    Procurement
	 	 Hubert	Waltl
	 	 	    Production,	Logistics
	 	
	 	 Address:	
	 	 Volkswagen	Aktiengesellschaft
	 	 38436	Wolfsburg
	 	 Germany	
	 	
	 	 Internet:	www.volkswagen.com




                                                        February 1, 2010
44 O R G A N I Z AT I O N A L C H A R T S




          AUDI AG

    	           	




          Headquarters: Ingolstadt,	Germany
    	 	 Share of capital held:	99.55 %


          Board of Management, Audi:	
    	 	 Rupert Stadler
    	 	 	     Chairman
          Ulf Berkenhagen
    	 	 	     Procurement
          Michael Dick
    	 	 	     Technical	Development
          Frank Dreves
    	 	 	     Production
          Peter Schwarzenbauer
    	 	 	     Marketing	and	Sales
    	 	 Axel Strotbek
    	 	 	     Finance	and	Organization
    	 	 Dr. rer. pol. Werner Widuckel
    	 	 	     Human	Resources
    	 	
          Address:
    	 	 AUDI	AG
    	 	 85045	Ingolstadt
    	 	 Germany	
    	 	
    	 	 Internet:	www.audi.com




                                              February 1, 2010
O R G A N I Z AT I O N A L C H A R T S                      45




      SEAT, S.A.

	            	




      Headquarters: Martorell,	Spain
	 	 Share of capital held:	100 %


      Board of Management, SEAT:	
	 	 James Muir
	 	 	     President
      Frank Bekemeier
	 	 	     Research	and	Development
      Ralf Brandstätter
	 	 	     Procurement
	 	 Jan-Henrik Lafrentz
	 	 	     Sales	and	Marketing
	 	 Ramón Paredes
	 	 	     Human	Resources
	 	 Dieter Seemann
	 	 	     Finance	and	Organization
	 	 Wolfram Thomas
	 	 	     Production


      Address:
	 	 SEAT,	S.A.
	 	 Autovía	A­2,	Km.	585
	 	 08760	Martorell
	 	 Spain	
	 	
	 	 Internet:	www.seat.com




                                         February 1, 2010
46 O R G A N I Z AT I O N A L C H A R T S




          ãKODA AUTO a.s.




          Headquarters: Mladá	Boleslav,	Czech	Republic
    	 	 Share of capital held:	100 %


          Board of Management, ãkoda:	
    	 	 Reinhard Jung
    	 	 	     Chairman
          Klaus Dierkes
    	 	 	     Human	Resources	Management
          Reinhard Fleger
    	 	 	     Sales	and	Marketing
          Karlheinz Hell
    	 	 	     Purchasing
          Holger Kintscher
    	 	 	     Commercial	Affairs
    	 	 Dr. Ing. Eckhard Scholz
    	 	 	     Technical	Development


          Address:
    	 	 ãKODA	AUTO	a.s.
    	 	 Václava	Klementa	869
    	 	 293 60	Mladá	Boleslav	
    	 	 Czech	Republic	
    	 	
    	 	 Internet:	www.skoda­auto.com




                                                         February 1, 2010
O R G A N I Z AT I O N A L C H A R T S                           47




    VOLKSWAGEN COMMERCIAL VEHICLES




	 	 Headquarters:	Hanover,	Germany
	 	 Share of capital held:	100	%


	 	 Board of Management,
    Volkswagen Commercial Vehicles Brand:	
	 	 Dr.-Ing. Wolfgang Schreiber
	 	 	    Chief	Executive	Officer		                    	
	 	 	    Development
	 	 Dirk Große-Loheide
	 	 	    Purchasing	and	Logistics
	 	 Harald Schomburg
	 	 	    Sales	and	Marketing
	 	 Klaus-Dieter Schürmann
	 	 	    Finance	and	Integration	Technology
	 	 Jochen Schumm
	 	 	    Human	Resources
	 	 Thomas Ulbrich
	 	 	    Production


	 	 Address:
	 	 Volkswagen	Commercial	Vehicles
	 	 PO	Box	21 05 80
	 	 30405	Hanover
	 	 Germany


	 	 Internet: www.vwn.de




                                              February 1, 2010
48 O R G A N I Z AT I O N A L C H A R T S




          BENTLEY MOTORS LIMITED

    	           	




          Headquarters: Crewe,	Great	Britain
    	 	 Share of capital held:	100 %


          Board of Management, Bentley:	
    	 	 Dr.-Ing. Franz-Josef Paefgen
    	 	 	     Chairman	and	Chief	Executive
          Doug Dickson
    	 	 	     Manufacturing
    	 	 Dr.-Ing. Ulrich Eichhorn
    	 	 	     Engineering
          Christine Gaskell
    	 	 	     Personnel
          Jürgen Hoffmann
    	 	 	     Finance	and	IS
          Stuart McCullough
    	 	 	     Sales	and	Marketing


          Address:
    	 	 Bentley	Motors	Limited	                        	
    	 	 Pyms	Lane
    	 	 Crewe
    	 	 Cheshire,	CW1 3PL
    	 	 Great	Britain	
    	 	
    	 	 Internet:	www.bentleymotors.com




                                               February 1, 2010
O R G A N I Z AT I O N A L C H A R T S                                           49




        BUGATTI

	             	




        Bugatti Automobiles S.A.S.:
            Headquarters: Molsheim,	France
	 	 	       Share of capital held:	100 %	
	 	 Dr.-Ing. Franz-Josef Paefgen
	 	 	       President
        Rüdiger Meinicke
	 	 Hans-Georg Melching
	 	 Alasdair Stewart
	 	 	       Chief	Executive	Officers
        Bugatti International S.A. (Headquarters	Luxemburg)
	 	 Dr.-Ing. Franz-Josef Paefgen
	 	 	       President
        Bugatti Engineering GmbH (Headquarters	Wolfsburg)
	 	 Dr.-Ing. Wolfgang Schreiber
        Hans-Georg Melching
	 	 	       Chief	Executive	Officers
	
        Address:
	   	   Bugatti	Automobiles	S.A.S.
	   	   1,	Château	St.	Jean
	   	   67120	Molsheim
	   	   France	
	   	   Bugatti	Engineering	GmbH
	   	   Nordsteimker	Str.	7-9
	   	   38446	Wolfsburg
	   	   Germany
	 	 Internet:	www.bugatti.com


                                                              February 1, 2010
50 O R G A N I Z AT I O N A L C H A R T S




          AUTOMOBILI LAMBORGHINI S.p.A.

    	            	




          Headquarters: Sant’	Agata	Bolognese,	Italy
    	 	 Share of capital held:	100 %


          Board of Directors, Lamborghini:	
    	 	 Stephan Winkelmann
    	 	 	     President	of	the	Board	of	Directors
    	 	 	     Automobili	Lamborghini	S.p.A.,	Sant’	Agata	Bolognese,	Italy
    	 	 Ranieri Niccoli
    	 	 	     Member	of	the	Board	of	Directors
    	 	 Maurizio Reggiani
    	 	 	     Member	of	the	Board	of	Directors


          Address:
    	 	 Automobili	Lamborghini	S.p.A.
    	 	 via	Modena,	12
    	 	 40019	Sant’	Agata	Bolognese
    	 	 Italy	
    	 	
    	 	 Internet:	www.lamborghini.com




                                                                  February 1, 2010
O R G A N I Z AT I O N A L C H A R T S                               51




      SCANIA AB

	           	




      Headquarters: Södertälje,	Sweden
	 	 Share of capital held:	49.29 %


      Executive Board, Scania AB:	
	 	 Leif Östling
	 	 	     President	and	Chief	Executive	Officer
      Urban Erdtman
	 	 	     Sales	and	Services	Management
      Per Hallberg
	 	 	     Research	and	Development,
	 	 	     Purchasing
      Martin Lundstedt
	 	 	     Franchise	and	Factory	Sales
      Anders Nielsen
	 	 	     Production	and	Logistics
	 	 Jan Ytterberg
	 	 	     Finance	and	Controlling
	 	
      Address:
	         Scania	AB	(publ)
	     	   SE­151 87	Södertälje
	     	   Sweden	
	
	 	 Internet:	www.scania.com




                                                  February 1, 2010
52 O R G A N I Z AT I O N A L C H A R T S




    	 	




    	 	 Headquarters:	Brunswick,	Germany
    	 	 Share of capital held:	100	%


    	 	 Board of Management, Volkswagen Financial Services AG:	
    	 	 Frank Witter
    	 	 	     Chairman	of	the	Board	of	Management
          Frank Fiedler
    	 	 	     Finance
    	 	 Christiane Hesse
    	 	 	     Human	Resources	and	Organization
          Dr. rer. pol. Michael Reinhart
    	 	 	     Risk	Management
          Lars-Henner Santelmann
    	 	 	     Sales


          Address:
    	 	 Volkswagen	Financial	Services	AG
    	 	 Gifhorner	Straße	57
    	 	 38112	Braunschweig
    	 	 Germany


          Internet:	www.vwfs.com




                                                              February 1, 2010
53
54 H I S T O R I C A L N O T E S




    Ferdinand Porsche’s blue­print      The brands “Volkswagen
    turned the dream of automotive      Commercial Vehicles” and
    mobility for the masses into a      Scania, that was acquired in
    “people’s car”. The automobile      2008, with factories in Europe,
    laid the foundation for a com­      Africa and South America pro­
    pany which rapidly acquired         vide a differentiated range of
    international significance after    products spanning city vans,
    the Second World War.               trucks and busses to suit the
                                        most diverse mobility require­
    The motor of the “Wirtschafts­      ments.
    wunder“ was air­cooled and
    fitted at the rear of a car whose   The financial services pro­
    distinctive silhouette made         vided by Volkswagen Financial
    Volkswagen a household name         Services AG, a company whose
    all over the world, just as the     roots go back as far as 1949,
    Transporter launched in 1950        also contribute to the automo­
    became a much­loved work­           tive success of the Volkswagen
    horse and camper.                   Group.

    Numerous production facilities      Founded on strong brands, the
    outside Europe were already         Volkswagen Group continues
    being set up in the 1950s to        its successful automotive tradi­
    bring the automaker closer to       tion with fascinating products.
    the customer.
                                        Bolstered by another rise in unit
    Having evolved into a German        sales to just under 6.3 million
    automotive group with the           vehicles, the Volkswagen Group
    acquisition of “Auto Union          remains on course to become
    GmbH” and “NSU Motoren­             the world’s leading automaker
    werke AG” in the 1960s, the         by 2018 – economically and
    dynamic market success of the       ecologically.
    Passat, Golf and Polo post­1973
    triggered further corporate
    growth towards a multi­brand
    group: SEAT and Skoda were
    added in 1985 and 1991,
    Bentley, Lamborghini and
    Bugatti in 1998.
w w w.v o l k s w a g e n a g . c o m   55




1937 — 1945

May 28, 1937
“Gesellschaft zur Vorbereitung
des Deutschen Volkswagens
mbH” is established in Berlin.
Early 1938
Construction of the Volkswagen
plant east of Fallersleben be­
gins.
September 16, 1938
The company name is changed
to “Volkswagenwerk GmbH”.
Between 1939 and 1945,
the Volkswagen plant is re­
organized for the production
of armaments rather than the
production of civilian vehicles.
The expanding armaments out­
put of the plant after summer
1940 leads the company to
meet most of its labour needs
by using forced labour from
abroad. In late summer 1944,
almost two thirds of the
18,000­strong workforce is
made up of foreign forced
labourers.
April 11, 1945
The American troops who enter
the town put an end to the pro­
duction of military equipment
and liberate the forced
labourers.
56 H I S T O R I C A L N O T E S




    1945                                    1945 — 1949

                                            June 1945
       Vehicle Production
                                            Responsibility for the company
       VOLKSWAGENWERK	GMBH
                                            seized by the Allies is turned over
       	                            1,785   to the British Military Govern­
                                            ment for administration in
                                            trusteeship.
       Workforce (yearly	average)
                                            December 1945
       VOLKSWAGENWERK	GMBH                  Series production of the
       Factory	workers	             5,459   Volkswagen Type 1 begins with
       Office	workers		              574    the assembly of 55 saloons.
       Total                        6,033
                                            October 1947
                                            Export of the first Volkswagen
                                            saloons to the Netherlands
       Financial data
                                            begins with five vehicles.
       (million Reichsmark)
                                            January 1, 1948
       VOLKSWAGENWERK	GMBH
                                            Heinrich Nordhoff is appointed
       Sales                         11.7
                                            General Director of the Volks­
                                            wagen works.
                                            July 29, 1948
                                            The company’s registered office
                                            is transferred from Berlin to
                                            Wolfsburg and the change
                                            entered into the Commercial
                                            Register.
                                            June 30, 1949
                                            “Volkswagen­Finanzierungs­
                                            Gesellschaft mbH” is founded
                                            to provide loans to domestic
                                            customers and dealers,
                                            thus encouraging the sale
                                            of Volkswagens.
                                            October 8, 1949
                                            The British Military Government
                                            hands over the Volkswagen
                                            works to the trusteeship of the
                                            Federal German government.
                                            The State of Lower Saxony
                                            assumes the administration.
w w w.v o l k s w a g e n a g . c o m                                         57




1950 — 1954                             1950

March 8, 1950
                                         Vehicle Production
Series production of the Volks­
                                         VOLKSWAGENWERK	GMBH
wagen Transporter begins in
Wolfsburg.                               	                        90,038

September 11, 1952
The internationalization of
                                         Workforce (yearly	average)
the Volkswagen sales network
begins with the founding of              VOLKSWAGENWERK	GMBH

“Volkswagen Canada Ltd.” in              Factory	workers	         13,322
Toronto.                                 Office	workers		             1,644
                                         Total                    14,966
March 23, 1953
Volkswagen sets up its first
foreign production company,
                                         Financial Data (million DM)
“Volkswagen do Brasil Ltda.”, in
São Paulo. In 1957 Volkswagen            VOLKSWAGENWERK	GMBH

do Brasil switches from                  Sales	                        411
assembling the Transporter to            Profit	                        3.8
local production; the first Beetle
produced in Brazil leaves the
assembly line in 1959.
October 1953
Volkswagenwerk GmbH has
82 sales agencies outside of
Germany. Exports account for 44
percent of vehicle production.
With 68,754 vehicles exported in
1953, Volkswagen accounts for
over 40 percent of all passenger
car exports from the Federal
Republic of Germany.
January 1, 1954
The domestic sales organization
encompasses 66 distributors,
239 dealerships and 531
authorized repair shops.
58 H I S T O R I C A L N O T E S




    1955                                    1955 — 1959

                                            August 5, 1955
       Vehicle Production
                                            Employees and dealers from
       VOLKSWAGENWERK	GMBH
                                            home and abroad celebrate the
       	                       329,893      production of the one millionth
                                            Volkswagen in Wolfsburg.
                                            August 1955
       Vehicle Deliveries
                                            The Karmann Ghia Coupé goes
       VOLKSWAGENWERK	GMBH                  into production.
       Germany	                150,397
                                            October 27, 1955
       Abroad		                177,657
                                            “Volkswagen of America Inc.” is
       Total                   328,054
                                            founded in Newark, New Jersey.
                                            March 8, 1956
       Workforce (yearly	average)           After a one­year period of con­
       VOLKSWAGENWERK	GMBH
                                            struction, the new plant in
                                            Hanover­Stöcken starts
       Factory	workers	            28,606
                                            producing the Transporter.
       Office	workers	              2,964
       Total                       31,570   June 8, 1956
                                            Volkswagenwerk GmbH
                                            acquires an interest in the
       Financial Data (million DM)          former import agency “South
       VOLKSWAGEN	GROUP                     African Motor Assemblers and
       Sales                        1,444
                                            Distributors Ltd. (SAMAD)”.
                                            July 1958
                                            Powertrain remanufacturing is
                                            moved from Wolfsburg to
                                            Altenbauna near Kassel. The
                                            workforce at the new Kassel
                                            plant, which repairs and
                                            rebuilds 430 engines and 130
                                            axles a day, rises to 1,124 in
                                            1959.
w w w.v o l k s w a g e n a g . c o m                                         59




1960 — 1964                             1960

March 11, 1960
                                         Vehicle Production
“Volkswagen France S.A.” is
                                         VOLKSWAGEN	GROUP
founded in Paris.
                                         	                       890,673
August 22, 1960
Based on the “VW Act”, Volks­
wagenwerk GmbH is trans­
                                         Vehicle Deliveries
formed into a joint stock com­
pany. Up to March 15, 1961, the          VOLKSWAGEN	GROUP

company issues shares with a             Germany	                374,478
nominal value of 360 million             Abroad		                514,029
DM at a share price of 350 DM.           Total                   888,507

September 1961
Volkswagen launches the VW
                                         Workforce (yearly	average)
1500 at the International Auto­
mobile Show in Frankfurt.                VOLKSWAGEN	GROUP
                                         Total                    75,528
October 2, 1962
The one millionth Volkswagen
Transporter rolls off the                Financial Data (million DM)
assembly line at the Hanover
                                         VOLKSWAGEN	GROUP
plant.
                                         Sales                        4,607
January 17, 1964
“Volkswagen de Mexico,
S.A. de C.V.” is established in
Mexico City.
December 8, 1964
The Emden plant begins
producing the Beetle. Over
500 vehicles roll off the
assembly line each day. They
are shipped from the company’s
own port and exported primarily
to North America.
60 H I S T O R I C A L N O T E S




    1965                                    1965 — 1969

                                            January 1, 1965
       Vehicle Production
                                            Volkswagenwerk AG acquires
       VOLKSWAGEN	GROUP
                                            “Auto­Union GmbH” registered
       	                     1,594,861      in Ingolstadt; the independent
                                            brand widens the model range of
                                            the emerging group.
       Vehicle Deliveries
                                            October 1966
       VOLKSWAGEN	GROUP                     “Volkswagen Leasing GmbH” is
       Germany	                632,671      founded.
       Abroad		                963,693
                                            August 1967
       Total                 1,596,364
                                            Series production of the second
                                            generation of the Transporter
                                            begins at the Hanover plant.
       Workforce (yearly	average)
       VOLKSWAGEN	GROUP
                                            May 1, 1968
                                            Kurt Lotz becomes Chairman of
       Employees	in	foreign	
                                            the Board of Management.
       Group	companies	            18,625
       Total                   125,157      September 19, 1968
                                            A proving ground is opened near
                                            Ehra­Lessien; in its final form,
       Financial Data (million DM)          the site features over 100 km of
       VOLKSWAGEN	GROUP                     test track.
       Sales	                       9,268   November 1968
       Investments                   702    The VW Group enters the upper
                                            mid­class segment with the
                                            presentation of the Audi 100.

                                            August 21, 1969
                                            “Auto Union GmbH” and “NSU
                                            Motorenwerke AG” join forces to
                                            become “Audi NSU Auto Union
                                            AG”. Volkswagenwerke AG
                                            initially owns 59.5 percent
                                            of the shares.

                                            November 1969
                                            The VW Porsche 914 goes into
                                            production.
w w w.v o l k s w a g e n a g . c o m                                         61




1970 — 1974                             1970

July 1970
                                         Vehicle Production
The K 70 rolls off the assembly
                                         VOLKSWAGEN	GROUP
line at Volkswagen’s new
Salzgitter plant.                        	                     2,214,937

October 1, 1971
Rudolf Leiding takes over as
                                         Vehicle Deliveries
Chairman of the Board of
Management.                              VOLKSWAGEN	GROUP
                                         Germany	                725,055
May 1973
                                         Abroad	               1,481,866
The Passat, the first model of the
                                         Total                 2,206,921
new Volkswagen generation,
goes into production. It features
front­wheel drive, a water­
                                         Workforce (yearly	average)
cooled 4­cylinder engine and a
unitary construction all­steel           VOLKSWAGEN	GROUP
body.                                    Employees	in	foreign	
                                         Group	companies	         35,421
February 1974
                                         Total                   190,306
The sporty VW Scirocco goes
into series production.
March 29, 1974                           Financial Data (million DM)
Series production of the Golf            VOLKSWAGEN	GROUP
begins in Wolfsburg.                     Sales	                   15,791
July 1, 1974                             Investments                  1,536
At 11.19 a.m. the last of almost         Profit                        407
12 million Beetles rolls off the
assembly line in Wolfsburg.
62 H I S T O R I C A L N O T E S




    1975                                    1975 — 1979

                                            February 10, 1975
       Vehicle Production
                                            Toni Schmücker becomes
       VOLKSWAGEN	GROUP
                                            Chairman of the Board of
       	                     1,948,939      Management.
                                            March 1975
                                            Series production of the Polo
       Vehicle Deliveries
                                            begins in Wolfsburg. The auto­
       VOLKSWAGEN	GROUP                     mobile is positioned on the small
       Germany	                625,555      car market as a less expensive
       Abroad		              1,412,302      version of the nearly identical
       Total                 2,037,857      Audi 50.
                                            October 27, 1976
                                            The one millionth Golf rolls off
       Workforce (yearly	average)
                                            the assembly line.
       VOLKSWAGEN	GROUP
                                            January 1977
       Employees	in	foreign	
                                            The Derby, a notchback version
       Group	companies	            59,157
                                            of the Polo, goes into production.
       Total                   176,824
                                            November 1977
                                            Contract with the German
       Financial Data (million DM)          Democratic Republic providing
       VOLKSWAGEN	KONZERN                   for the delivery of 10,000 Golf.
       Sales	                      18,857   January 19, 1978
       Investments                   941    The last Beetle to be built in
       Loss                         -157    Germany leaves the assembly
                                            line at the Emden plant.

                                            May 1978
                                            “V.A.G. Transportgesellschaft
                                            mbH” is founded in Wolfsburg.

                                            February 1979
                                            Karmann in Osnabrück
                                            begins production of the
                                            Golf Convertible.
w w w.v o l k s w a g e n a g . c o m                                         63




1980 — 1984                             1980

March 1980
                                         Vehicle Production
The Audi quattro four­wheel
drive creates a stir at the              VOLKSWAGEN	GROUP
Geneva Motor Show.                       	                     2,573,871
May 8, 1980
At the Energy Symposium in
Wolfsburg, Volkswagen                    Vehicle Deliveries
presents the Formula E.
                                         VOLKSWAGEN	GROUP
December 1980                            Germany	                787,591
“VW Kraftwerk GmbH” is
founded in Wolfsburg.                    Abroad	               1,707,156
                                         Total                 2,494,747
August 1981
Production of the Santana
begins. Production of the
second generation Polo                   Workforce (yearly	average)
begins in Wolfsburg.                     VOLKSWAGEN	GROUP
January 1, 1982                          Employees	in	foreign	
Carl H. Hahn becomes                     Group	companies	         99,060
Chairman of the Board of                 Total                   257,930
Management.
September 30, 1982
A license agreement for the              Financial Data (million DM)
production of the Volkswagen
                                         VOLKSWAGEN	GROUP
Passat, Santana and Polo
models is signed with                    Sales	                   33,288
“Sociedad Española de                    Investments                  4,279
Automóviles de Turismo”                  Profit                        321
(SEAT).
November 1982
The VW Caddy city van goes into
series production.
June 1983
Production of the second
generation Golf begins.
February 3, 1984
The new research centre
at the plant in Wolfsburg is
inaugurated.
December 1984
Volkswagen acquires the
majority of shares in the
Italian general importer
“Autogerma S.p.A.”
64 H I S T O R I C A L N O T E S




    1985                                    1985 — 1989

                                            January 1, 1985
       Vehicle Production
                                            “Audi NSU Auto Union AG”
       VOLKSWAGEN	GROUP
                                            is renamed “AUDI AG”. The
       	                     2,398,196      registered office moves from
                                            Neckarsulm to Ingolstadt.
                                            April 20, 1985
       Vehicle Deliveries
                                            “Shanghai­Volkswagen Auto­
       VOLKSWAGEN	GROUP                     motive Company Ltd.” is
       Germany	                721,812      established. Volkswagenwerk
       Abroad		              1,676,192      AG has a 50 percent share in the
       Total                 2,398,004      German­Chinese joint venture.
                                            July 4, 1985
                                            The name of the company is
       Workforce (yearly	average)
                                            changed to “Volkswagen AG”.
       VOLKSWAGEN	GROUP
                                            September 1, 1985
       Employees	in	foreign	
                                            Series production of the Santana
       Group	companies	            88,703
                                            begins in China.
       Total                   259,047
                                            June 18, 1986
                                            Volkswagen AG acquires
       Financial Data (million DM)          51 percent of the capital stock of
       VOLKSWAGEN	GROUP                     SEAT and increases its share to
       Sales	                      52,502
                                            75 percent by the end of the year.
       Investments                  3,388   January 1988
       Profit                        596    The Corrado sport coupé goes
                                            into series production.

                                            August 24, 1988
                                            A licence agreement for the
                                            production of the Audi 100 in
                                            China is signed with “First
                                            Automobile Works” in
                                            Changchun.

                                            Autumn 1989
                                            Market launch of the Audi 100
                                            TDI, the first Group model with
                                            a turbo direct­injection diesel
                                            engine.
w w w.v o l k s w a g e n a g . c o m                                         65




1990 — 1994                             1990

February 6, 1991
                                         Vehicle Production
“FAW­Volkswagen Automotive
Company Ltd.” is established in          VOLKSWAGEN	GROUP
Changchun.                               	                     3,057,598

April 16, 1991
Volkswagen AG acquires
“SKODA, automobilovà a.s.”,              Vehicle Deliveries
which is integrated into the             VOLKSWAGEN	GROUP
VW Group as the fourth brand.            Germany	                945,384
The well­respected traditional           Abroad		              2,084,795
Czech company marketed its
                                         Total                 3,030,179
first automobiles in 1905.
June 24, 1991
“AutoEuropa Automóveis Lda.”             Workforce (yearly	average)
is established in Setubal,               VOLKSWAGEN	GROUP
Portugal, for the production of
                                         Employees	in	foreign	
a multi­purpose vehicle (MPV).
                                         Group	companies		        95,934
January 1, 1993                          Total                   268,744
Ferdinand Piëch becomes
Chairman of the Board of
Management.                              Financial Data (million DM)
February 18, 1993                        VOLKSWAGEN	GROUP
“AUDI HUNGARIA MOTOR Kft.”               Sales	                   68,061
registered in Györ is established        Investments                  5,372
to produce engines.
                                         Profit                       1,086
January 1, 1994
“Volkswagen Finanz GmbH”
established three years earlier is
renamed “Volkswagen Financial
Services AG.”
March 1994
Audi presents the Audi A8,
its sporty top­class limousine
featuring the brilliantly
innovative lightweight
aluminum construction.
66 H I S T O R I C A L N O T E S




    1995                                    1995 — 1999

                                            July 4, 1995
       Vehicle Production
                                            The “Volkswagen Nutzfahr­
       VOLKSWAGEN	GROUP
                                            zeuge” (Commercial Vehicles)
       	                     3,408,422      brand is introduced.
                                            November 17, 1995
                                            Volkswagen Argentina S.A.
       Vehicle Deliveries
                                            commissions its new production
       VOLKSWAGEN	GROUP                     plant in Pacheco near Buenos
       Germany	                937,323      Aires.
       Abroad		              2,504,623
                                            August 1997
       Total                 3,441,946
                                            At the Wolfsburg site the fourth
                                            Golf generation goes into
                                            production.
       Workforce (yearly	average)
       VOLKSWAGEN	GROUP
                                            December 1997
                                            “Volkswagen de México” starts
       Employees	in	foreign	
                                            production of the New Beetle.
       Group	companies	        117,147
       Total                   259,342      July 1998
                                            Acquisition of “Bugatti Inter­
                                            national S.A. Holding” and
       Financial Data (million DM)          “Bentley Motor Cars Ltd.”,
       VOLKSWAGEN	GROUP                     whose automobile tradition
                                            goes back as far as 1919.
       Sales	                      88,119
       Investments                  6,863   September 1998
       Profit                        336    “Audi AG” acquires the Italian
                                            sports car manufacturer
                                            “Lamborghini S.p.A.”
                                            July 1999
                                            Volkswagen makes automobile
                                            history with the start of the Lupo
                                            3L TDI, the world’s first standard
                                            production 3­liter vehicle.
                                            December 23, 1999
                                            The assembly company
                                            “SKODA Auto India Private Ltd.”
                                            is established in Aurangabad.
w w w.v o l k s w a g e n a g . c o m                                         67




2000 — 2004                             2000

June 1, 2000
                                         Vehicle Production
The “Autostadt” opens in
                                         VOLKSWAGEN	GROUP
Wolfsburg.
                                         (thousands)	                 5,156
December 11, 2001
The “Gläserne Manufaktur”
is opened in Dresden and
production of the Phaeton                Vehicle Deliveries
begins.                                  VOLKSWAGEN	GROUP
                                         Germany	(thousands)	         1,019
April 16, 2002
                                         Abroad	(thousands)	          4,146
Bernd Pischetsrieder becomes
Chairman of the Board of                 Total (thousands)            5,165
Management of Volkswagen AG.
August 2002
                                         Workforce (yearly	average)
Series production of the Touareg
                                         VOLKSWAGEN	GROUP
begins at Volkswagen Slovakia,
                                         Employees	in	foreign	Group	
a.s. in Bratislava.
                                         companies	(thousands)	 160.3
December 2002                            Total (thousands)            324.4
Production of the Touran starts
in Wolfsburg. After only six
years, the versatile compact             Financial Data (million €)
van boasting high­quality
                                         VOLKSWAGEN	GROUP
workmanship already tops
                                         Sales	                   81,835
the one million mark.
                                         Investments              14,563
August 2003                              Profit                       2,614
Production of the fifth
generation Golf begins.
68 H I S T O R I C A L N O T E S




    2005                                    2005
                                            March 11, 2005
       Vehicle Production                   The sixth generation Passat
       VOLKSWAGEN	GROUP                     limousine is launched, the
       (thousands)	                 5,219   successful Passat Estate model
                                            follows on August 19.
                                            May 24, 2005
       Vehicle Deliveries                   The one hundred millionth
       VOLKSWAGEN	GROUP                     Volkswagen, a Touran, leaves
       Germany	(thousands)	         1,019   the assembly line at the Wolfs­
       Abroad	(thousands)	          4,174   burg plant.
       Total (thousands)            5,193   September 15, 2005
                                            The Bugatti Veyron takes to the
                                            road. The technical wonder from
       Workforce (yearly	average)           the 1001­hp world in Molsheim,
       VOLKSWAGEN	GROUP                     Alsace, transforms the masterly
       Employees	in	foreign	Group	          engineering craftsmanship
       companies	(thousands)	        166    of the automotive visionary
       Total (thousands)             345    Ettore Bugatti into contempora­
                                            ry automotive performance.
                                            September 21, 2005
       Financial Data (million €)           Production of Volkswagen
       VOLKSWAGEN	GROUP                     Commercial Vehicles’ new
       Sales	                      93,996   “Constellation” truck family
       Investments                 10,365   begins in Resende, Brazil. The
       Profit                       1,050   seven­ to forty­tonne trucks hold
                                            a 33 percent share of the market
                                            in Brazil.
w w w.v o l k s w a g e n a g . c o m                                         69




2006                                    2006
March 3, 2006
Series production of the                 Vehicle Production
Roomster, much acclaimed for             VOLKSWAGEN	GROUP
its clever space concept, starts at      (thousands)	                 5,660
the Skoda plant in Kvasiny.
March 10, 2006
Market launch of the Audi Q7,            Vehicle Deliveries
the third­generation luxury SUV;         VOLKSWAGEN	GROUP
52,750 vehicles had already              Germany	(thousands)	         1,093
been sold by the end of the year.        Abroad	(thousands)	          4,627

May 19, 2006                             Total (thousands)            5,720
The Volkswagen Eos, the new
convertible­coupé, is launched
on the German market.                    Workforce (yearly	average)
                                         VOLKSWAGEN	GROUP
October 3, 2006
Volkswagen acquires an initial           Employees	in	foreign	Group	
                                         companies	(thousands)	        155
15.06 percent stake in MAN
Aktiengesellschaft.                      Total (thousands)             329

November 1, 2006
The collective bargaining agree­
                                         Financial Data (million €)
ment between Volkswagen AG
                                         VOLKSWAGEN	GROUP
and IG Metall providing for a
                                         Sales	                  104,875
working time corridor with a
ceiling of 34 hours comes into           Investments              11,911

force. At the same time, produc­         Profit                       1,955
tion volumes are agreed for the
six traditional plants in order to
improve capacity utilization and
safeguard jobs.
December 1, 2006
Volkswagen Financial Services
takes over the processing of
motor vehicle third­party
liability claims with a view to
improving repair quality by inte­
grating the Group’s authorized
workshops and safeguarding
customer­friendly claims
processing.
70 H I S T O R I C A L N O T E S




    2007                                    2007
                                            January 1, 2007
       Vehicle Production                   Dr. Martin Winterkorn becomes
       VOLKSWAGEN	GROUP                     Chairman of the Board of
       (thousands)	                 6,213   Management of Volkswagen
                                            Aktiengesellschaft.
                                            March 23, 2007
       Vehicle Deliveries                   The 25 millionth Golf, a Golf
       VOLKSWAGEN	GROUP                     Sportline 1.4 TSI, leaves the
       Germany	(thousands)	         1,030   assembly line at the Wolfsburg
       Abroad	(thousands)	          5,162   plant.
       Total (thousands)            6,192   July 9, 2007
                                            The Autostadt in Wolfsburg de­
                                            livers its one millionth vehicle.
       Workforce (yearly	average)
       VOLKSWAGEN	GROUP
                                            August 2007
                                            Series production of the Tiguan
       Employees	in	foreign	Group	
                                            compact SUV – characterized
       companies	(thousands)	        154
                                            by versatility, high­quality
       Total (thousands)             329
                                            craftsmanship and technical
                                            innovations such as the electro­
                                            mechanical steering system –
       Financial Data (million €)
                                            begins in Wolfsburg.
       VOLKSWAGEN	GROUP
       Sales	                  108,897
                                            October 5 - 7, 2007
                                            International VW Bus Meeting
       Investments                 13,497
                                            in Hanover to celebrate
       Profit                       4,122
                                            “60 Years of the Bulli”.
                                            November 9, 2007
                                            The 15 millionth Passat to be
                                            built worldwide leaves the
                                            assembly line at the Emden
                                            plant.
                                            December 5, 2007
                                            Volkswagen unveils the “New
                                            Small Family”, presenting three
                                            versions of the up! concept car at
                                            the Bologna Motor Show.
w w w.v o l k s w a g e n a g . c o m                                         71




2008                                    2008
March 3, 2008
Volkswagen increases its capital         Vehicle Production
interest in Scania to 37.73              VOLKSWAGEN	GROUP
percent and its share of the             (thousands)	                 6,347
voting rights to 68.60 percent.
The Swedish truck manufacturer
founded in 1891 is integrated in         Vehicle Deliveries
the Group as the ninth brand.            VOLKSWAGEN	GROUP
April 18, 2008                           Germany	(thousands)	         1,013
Shanghai Volkswagen opens its            Abroad	(thousands)	          5,259
fourth production plant with             Total (thousands)            6,272
an annual capacity of 60,000
vehicles in Nanjing.
August 16, 2008                          Workforce (yearly	average)
Bugatti presents the Veyron              VOLKSWAGEN	GROUP
16.4 Grand Sport, a super sports         Employees	in	foreign	Group	
roadster.                                companies	(thousands)	        179

September 2008                           Total (thousands)             370
Volkswagen presents the sixth
generation of the Golf.
                                         Financial Data (million €)
October 30, 2008
                                         VOLKSWAGEN	GROUP
By setting up a subsidiary
                                         Sales	                  113,808
in China, Lamborghini
strengthens its commitment               Investments              19,710

to developing strategic growth           Profit                       4,688
markets.
December 15, 2008
Volkswagen sells its heavy
truck business in Brazil to
MAN Aktiengesellschaft.
December 16, 2008
Škoda opens a new Technology
Center in Mladá Boleslav, thus
expanding its competence in
passenger car development.
72 H I S T O R I C A L N O T E S




    2009                                    2009

                                            January 18, 2009
       Vehicle Production
                                            Volkswagen writes motorsport
       VOLKSWAGEN	GROUP
                                            history with the Race Touareg:
       (thousands)	                 6,055   a double victory for the brand
                                            and the first win by a diesel in
                                            the automobile category at the
       Vehicle Deliveries                   Dakar Rally across Argentina
       VOLKSWAGEN	GROUP                     and Chile.
       Germany	(thousands)	         1,288
                                            March 31, 2009
       Abroad	(thousands)	          5,022
                                            The new plant with an annual
       Total (thousands)            6,310   production capacity of up to
                                            110,000 vehicles opens in the
                                            Indian city of Pune.
       Workforce (yearly	average)
       VOLKSWAGEN	GROUP                     May 11, 2009
                                            Press presentation of the new
       Employees	in	foreign	Group	
                                            Polo: the new model is in a class
       companies	(thousands)	        194
                                            of its own when it comes to
       Total (thousands)             367
                                            quality, workmanship, safety
                                            and efficiency. So it is hardly
                                            surprising that the vehicle wins
       Financial Data (million €)
                                            many awards, including “Car of
       VOLKSWAGEN	GROUP
                                            the Year 2010”.
       Sales	                  105,187
       Investments                 10,428   May 23, 2009
       Profit                        911
                                            VfL Wolfsburg soccer club
                                            becomes German champion for
                                            the very first time: the success of
                                            this particular brand ambassa­
                                            dor delights fans both far and
                                            near.

                                            September 15, 2009
                                            Ultra­streamlined, ultra­light
                                            and ultra­safe: Volkswagen
                                            presents its automotive update
                                            on the future with the near­
                                            production prototype of the
                                            sensational 1­liter car, the L1,
                                            at the Frankfurt Motor Show.
w w w.v o l k s w a g e n a g . c o m   73




October 20, 2009
At an inauguration ceremony
attended by Russia’s Prime
Minister Putin, the production
plant in Kaluga, Russia, designed
for an annual capacity of up to
150,000 units which began
vehicle assembly in November
2007 starts full production with
its own body shop, paint shop
and assembly lines.

October 29, 2009
The Group Board of Manage­
ment, the International Metal­
workers’ Federation and
Volkswagen employee represen­
tatives agree binding minimum
standards regarding in­house
participation rights for demo­
cratically elected labour repre­
sentatives in the “Charter on
Labour Relations”.

December 7, 2009
Volkswagen Aktiengesellschaft
takes a 49.9 percent participation
in Dr.­Ing. h.c. F. Porsche AG, a
milestone on the path towards
an integrated automotive group.

December 9, 2009
A cross­shareholding and a
long­term strategic partnership
are agreed with Suzuki Motor
Corporation, the Japanese
mini­car manufacturer.
74 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




         V O L K S W A G E N ( www.volkswagen.com)




   Fox                                    SpaceFox (South America)




   Crossfox (South America)               Polo




   Polo BlueMotion                        Polo A04 (South America)




   Polo Jinqing (China)                   CrossPolo (China)


                                                              December 31, 2009
75




   V O L K S W A G E N ( www.volkswagen.com)




Polo Sedan (South America)          Gol (South America)




Novo Gol (South America)            Voyage (South America)




Golf                                Golf GTD




Golf GTI                            Golf Plus


                                                     December 31, 2009
76 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




      V O L K S W A G E N ( www.volkswagen.com)




   Golf BlueMotion                     Golf BiFuel LPG




   Golf Plus BiFuel LPG                Golf Estate




   Golf Estate BlueMotion              Golf GT (South America)




   Citi Golf (South Africa)            Parati (South America)


                                                         December 31, 2009
77




   V O L K S W A G E N ( www.volkswagen.com)




New Beetle                          New Beetle Cabriolet




Jetta                               Jetta BlueMotion




Jetta GLI (North America)           Sagitar (China)




Bora (South America)                Jetta A2 (China)


                                                       December 31, 2009
78 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




         V O L K S W A G E N ( www.volkswagen.com)




   Eos                                    Scirocco




   Passat                                 Passat R36




   Passat BlueMotion                      Passat Blue TDI




   Passat EcoFuel                         Passat CC


                                                            December 31, 2009
79




   V O L K S W A G E N ( www.volkswagen.com)




Passat Estate                       Passat Estate BlueMotion




Passat New Lingyu (China)           Lavida (China)




Santana B2 (China)                  Santana 3000 Vista (China)




Touran                              CrossTouran


                                                      December 31, 2009
80 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




      V O L K S W A G E N ( www.volkswagen.com)




   Touran BlueMotion                   Touran EcoFuel




   Sharan                              Sharan BlueMotion




   Sharan BiFuel LPG                   Routan (North America)




   Phaeton                             Phaeton LWB


                                                        December 31, 2009
81




   V O L K S W A G E N ( www.volkswagen.com)




Tiguan                              Tiguan BlueMotion




Tiguan LWB (China)                  Touareg




Touareg R50




                                                        December 31, 2009
82 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




        A U D I ( www.audi.com)




   A3                             A3 Sportback




   A3 Cabriolet                   S3




   S3 Sportback                   A4




   A4 Avant                       A4 allroad quattro


                                                       December 31, 2009
83




   A U D I ( www.audi.com)




A4L (China)                  S4




S4 Avant                     A5 Coupé




A5 Sportback                 A5 Cabriolet




S5 Coupé                     S5 Cabriolet


                                            December 31, 2009
84 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




        A U D I ( www.audi.com)




   A6                             A6 Avant




   A6 allroad quattro             A6L (China)




   S6                             S6 Avant




   RS6                            RS6 Avant


                                                December 31, 2009
85




     A U D I ( www.audi.com)




A8                             A8L




A8 W12                         S8




Q5                             Q7




Q7 V12 TDI                     TT Coupé


                                          December 31, 2009
86 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




      A U D I ( www.audi.com)




   TT Roadster                   TTS Coupé




   TTS Roadster                  TT RS Coupé




   TT RS Roadster                R8




   R8 Spyder


                                               December 31, 2009
87




   S E AT ( www.seat.com)




Ibiza                       Ibiza FR




Ibiza ECOMOTIVE             Ibiza SC




Ibiza Cupra                 Ibiza Cupra Bocanegra




León                        León Cupra


                                              December 31, 2009
88 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




      S E AT ( www.seat.com)




   León Cupra R                  León FR




   León ECOMOTIVE                Altea




   Altea ECOMOTIVE               Altea XL




   Altea XL ECOMOTIVE            Altea Freetrack


                                                   December 31, 2009
89




  S E AT ( www.seat.com)




Exeo                       Exeo ST




Alhambra                   Alhambra ECOMOTIVE




                                          December 31, 2009
90 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




      ã K O D A ( www.skoda­auto.com)




   Fabia                                Fabia Combi




   Fabia Scout                          Fabia GreenLine




   Fabia Combi GreenLine                Octavia




   Octavia Combi                        Octavia Scout


                                                          December 31, 2009
91




   ã K O D A ( www.skoda­auto.com)




Octavia GreenLine                    Octavia Combi GreenLine




Octavia LPG                          Octavia Combi LPG




Octavia Tour                         Octavia Tour Combi




Octavia RS                           Octavia Combi RS


                                                         December 31, 2009
92 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




      ã K O D A ( www.skoda­auto.com)




   Superb                               Superb GreenLine




   Roomster                             Roomster Scout




   Roomster Praktik                     Yeti




                                                           December 31, 2009
93




   V O L K S W A G E N C O M M E R C I A L V E H I C L E S ( www.vwn.de)




Caddy Panel Van                        Caddy Kombi




Caddy BlueMotion                       Caddy 4Motion




Caddy EcoFuel                          Caddy Life




Caddy Life Tramper                     Caddy Maxi Panel Van


                                                          December 31, 2009
94 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




      V O L K S W A G E N C O M M E R C I A L V E H I C L E S ( www.vwn.de)




   Caddy Maxi Kombi                       Caddy Maxi Life




   Caddy Maxi Life Tramper                Caddy Maxi 4Motion




   Caddy Maxi EcoFuel                     Saveiro (South America)




   Nova Saveiro (South America)           California


                                                             December 31, 2009
95




   V O L K S W A G E N C O M M E R C I A L V E H I C L E S ( www.vwn.de)




Multivan                               Caravelle




Transporter Panel Van                  Transporter Shuttle




Transporter Dropside                   Transporter Double Cab




T2 Kombi (South America)               Crafter Panel Van


                                                           December 31, 2009
96 TH E CU R R E NT RA NGE OF TH E VOL KSWAG EN G ROU P




      V O L K S W A G E N C O M M E R C I A L V E H I C L E S ( www.vwn.de)




   Crafter Kombi                          Crafter AdBlue




   Crafter Dropside                       Crafter Double Cab Dropside




   Crafter Chassis                        Crafter Chassis Double Cab




                                                             December 31, 2009
97




   B E N T L E Y 	 ( www.bentleymotors.com)




Bentley Continental Flying Spur        Bentley Continental
                                       Flying Spur Speed




Bentley Continental GT                 Bentley Continental GT Speed




Bentley Continental GTC                Bentley Continental GTC Speed




Bentley Continental SuperSports        Bentley Arnage Final Series


                                                          December 31, 2009
98 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




      B E N T L E Y 	 ( www.bentleymotors.com)




   Bentley Azure T                        Bentley Brooklands




      B U G AT T I ( www.bugatti.com)




   Bugatti Veyron 16.4                    Bugatti Veyron 16.4 Grand Sport




                                                            December 31, 2009
99




   L A M B O R G H I N I ( www.lamborghini.com)




Gallardo LP 560-4 Coupé              Gallardo LP 560-4 Spyder




Gallardo LP 550-2                    Murciélago LP 640 Coupé
Valentino Balboni




Murciélago LP 640 Roadster           Murciélago LP 670-4 SuperVeloce




Reventón Roadster


                                                       December 31, 2009
100 TH E MO DE L RA NGE OF TH E VOL KSWAG EN G ROU P




       S C A N I A 	(www.scania.com)




    Long-haulage trucks                Construction trucks




    Distribution trucks                Special-purpose trucks




    Coaches                            Intercity buses




    City buses


                                                         December 31, 2009
Volkswagen Aktiengesellschaft
Konzern	Kommunikation
Brieffach	1972
38436	Wolfsburg

072.802.452.20
Printed	in	Germany

Volkswagen Navigator 2010

  • 1.
    FACTSANDFIGURES NAVIGATOR2010 Driving ideas.
  • 3.
    TA B LE O F C O N T E N T S 1 Table of Contents 1 The Volkswagen Group 2 Board of Management of Volkswagen AG 4 Supervisory Board 5 Key Figures 6 Five-Year Review 8 Volkswagen Share Key Figures 10 Share Price Development from Dec. 2004 to Dec. 2009 12 Significant Group Companies 14 Production Network 16 Germany 16 Europe 18 North/South America and South Africa 22 Asia/Pacific 23 Environment and Transport 25 Deliveries to Customers 26 Competitive Situation 33 Market Shares of New Passenger Car Registrations by Country 33 New Passenger Car Registrations by Market 34 Developments in Workforce 36 Employees in Technical Development 40 General Procurement Information 42 Procurement Volumes by Brand and Company 42 Organizational Charts 43 Volkswagen Passenger Cars 43 Audi 44 SEAT 45 ãkoda 46 Volkswagen Commercial Vehicles 47 Bentley 48 Bugatti 49 Lamborghini 50 Scania 51 Volkswagen Financial Services AG 52 Historical Notes 54 The Model Range of the Volkswagen Group 74 Volkswagen Passenger Cars 74 Audi 82 SEAT 87 ãkoda 90 Volkswagen Commercial Vehicles 93 Bentley 97 Bugatti 98 Lamborghini 99 Scania 100
  • 4.
    2 T HE VO L K SWA G E N G R O U P The Volkswagen Group with its headquarters in Wolfsburg is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. In 2009, the Group increased the number of vehicles delivered to customers to 6.336 million (2008: 6.257 million), corresponding to a 11.3 percent share of the world passenger car market. In Western Europe, the largest car market in the world, just over one in five new cars (20.9 percent) comes from the Volks­ wagen Group. Group sales came in 2009 to 105.2 billion euros (2008: 113.8 billion). Profit after tax in the 2009 financial year amounted to 0.9 billion euros (2008: 4.69 billion). The Group is made up of nine brands from seven European countries: Volkswagen, Audi, SEAT, Skoda, Volkswagen Commercial Vehicles, Bentley, Bugatti, Lamborghini and Scania.
  • 5.
    w w w.vo l k s w a g e n a g . c o m 3 Each brand has its own character and operates as an in­ dependent entity on the market. The product range extends from low­consumption small cars to luxury class vehicles. In the commercial vehicle sector, the product offering spans pick ups, busses and heavy trucks. The Group operates 60 production plants in fifteen European countries and a further six countries in the Americas, Asia and Africa. Around the world, nearly 370,000 employees produce about 26,000 vehicles or are involved in vehicle­related services each working day. The Volkswagen Group sells its vehicles in 153 countries. It is the goal of the Group to offer attractive, safe and environmentally sound vehicles which are competitive on an increasingly tough market and which set world standards in their respective classes. December 31, 2009
  • 6.
    4 B OAR D O F M A N A G E M E N T O F VO L K SWA G E N A G Board of Management of Volkswagen Aktiengesellschaft Prof. Dr. rer. nat. Martin Winterkorn Chairman, Research and Development Prof. Dr. rer. pol. Jochem Heizmann Production Christian Klingler Sales and Marketing Prof. Dr. rer. pol. Horst Neumann Human Resources and Organization Hans Dieter Pötsch Finance and Controlling Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement Rupert Stadler Chairman of the Board of Management of AUDI AG February 1, 2010
  • 7.
    SU PERVISORY BOARD w w w.v o l k s w a g e n a g . c o m / i r 5 Hon.-Prof. Dr. techn. h.c. Roland Oetker Dipl.-Ing. ETH Managing Partner of Ferdinand K. Piëch ROI Verwaltungsgesellschaft mbH; Chairman Hon. President of Deutsche Schutz­ vereinigung für Wertpapierbesitz e.V. Jürgen Peters Deputy Chairman Bernd Osterloh Chairman of the General and Group Works Councils of Volkswagen AG Jörg Bode Minister of Economic Affairs, Labor Dr. jur. Hans Michel Piëch and Transport for the Federal State Lawyer in private practice of Lower Saxony Dr. jur. Ferdinand Oliver Porsche Dr. jur. Michael Frenzel Member of the Board of Chairman of the Management of Familie Porsche AG Board of Management of TUI AG Beteiligungsgesellschaft Babette Fröhlich Dr. rer. comm. Wolfgang Porsche IG Metall, with responsibility for Chairman of the Supervisory Board Strategic Planning of Porsche Automobil Holding SE; Chairman of the Supervisory Board Dr. jur. Hans Michael Gaul of Dr. Ing. h.c. F. Porsche AG Dr. Ing. Jürgen Großmann Wolfgang Ritmeier Chairman of the Board of Manage­ Chairman of the Board of Manage­ ment of RWE AG; Partner, Georgs­ ment of Volkswagen Management marienhütte Holding GmbH Association (VMA) Peter Jacobs Heinrich Söfjer Chairman of the Works Council at Member of the Works Council the Volkswagen AG Emden plant Volkswagen Commercial Vehicles Hartmut Meine Jürgen Stumpf Director of the Lower Saxony and Chairman of the Works Council at Saxony­Anhalt Regional Office of the Volkswagen AG Kassel plant IG Metall Bernd Wehlauer Peter Mosch Deputy Chairman of the General Chairman of the General Works and Group Works Councils of Council of AUDI AG Volkswagen AG Christian Wulff Minister­President of the Federal State of Lower Saxony December 31, 2009
  • 8.
    6 KEY FIGURES VO L K SWA G E N G R O U P Volume Data 1 2009 2008 % Vehicle sales (units) 6,309,743 6,271,724 + 0.6 Production (units) 6,054,829 6,346,515 – 4.6 Employees at Dec. 31 368,500 369,928 – 0.4 Financial Data (IFRSs), € million 2009 2008 % Sales revenue 105,187 113,808 – 7.6 Operating profit 1,855 6,333 – 70.7 Profit before tax 1,261 6,608 – 80.9 Profit after tax 911 4,688 – 80.6 Profit attributable to shareholders of Volkswagen AG 960 4,753 – 79.8 Cash flows from operating activities 2 12,741 2,702 x Cash flows from investing activities 2 10,428 11,613 – 10.2 Automotive Division 3 EBITDA 4 8,005 12,108 – 33.9 Cash flows from operating activities 2 12,815 8,800 + 45.6 Cash flows from investing activities 2 10,252 11,479 – 10.7 of which: investments in property, plant and equipment 2 5,783 6,773 – 14.6 as a percentage of sales revenue 6.2 6.6 capitalized development costs 1,948 2,216 – 12.1 as a percentage of sales revenue 2.1 2.2 Net cash flow 2,563 – 2,679 x Net liquidity at Dec. 31 10,636 8,039 + 32.3 Return ratios in % 2009 2008 Return on sales before tax 1.2 5.8 Return on investment after tax (Automotive Division) 3.8 10.9 Return on equity before tax (Financial Services Division) 6 7.9 12.1
  • 9.
    w w w.vo l k s w a g e n a g . c o m / i r 7 VO L K SWA G E N A G Volume Data 2009 2008 % Vehicle sales (units) 2,053,427 2,388,014 – 14.0 Production (units) 1,038,344 1,137,145 – 8.7 Employees at Dec. 31 7 95,164 90,363 + 5.3 Financial Data (HGB), € million 2009 2008 % Sales 47,864 56,710 – 15.6 Net income 1,082 827 + 30.8 1) Including volume data for the vehicle­production investments Shanghai­Volkswagen Automotive Company Ltd. and FAW­Volkswagen Automotive Company Ltd., which are accounted for using the equity method. 2) 2008 adjusted. 3) Including allocation of consolidation adjustments between the Automotive and Financial Services divisions. 4) Operating profit plus net depreciation / amortization and impairment losses / reversals of impairment losses on property, plant and equipment, capitalized development costs, leasing and rental assets, goodwill and financial assets as reported in the cash flow statement. 5) Excluding acquisition and disposal of equity investments: €7,585 million (€8,879 million). 6) Profit before tax as a percentage of average equity. 7) 2009 including Auto5000 GmbH. December 31, 2009
  • 10.
    8 F IV E -YEA R R EV I EW Volume Data (thousands) Vehicle Sales (units) Germany Abroad Production (units) Germany Abroad Employees (yearly average) Germany Abroad Financial Data (in € million ) Sales revenue Profit before tax Profit after tax Cash flows from operating activities* Cash flows from investing activities* * 2008 and 2007 adjusted.
  • 11.
    w w w.vo l k s w a g e n a g . c o m / i r 9 2009 2008 2007 2006 2005 6,310 6,272 6,192 5,720 5,193 1,288 1,013 1,030 1,093 1,019 5,022 5,259 5,162 4,627 4,174 6,055 6,347 6,213 5,660 5,219 1,938 2,146 2,086 1,935 1,913 4,117 4,201 4,127 3,725 3,306 367 357 329 329 345 173 178 175 174 179 194 179 154 155 166 2009 2008 2007 2006 2005 105,187 113,808 108,897 104,875 93,996 1,261 6,608 6,543 1,793 1,621 911 4,688 4,122 1,955 1,050 12,741 2,702 9,308 14,470 10,709 10,428 11,613 7,120 11,911 10,365 December 31, 2009
  • 12.
    10 V OL K S W A G E N S H A R E K E Y F I G U R E S Dividend development Number of no­par value shares at Dec. 31 Ordinary shares thousands Preferred shares thousands Dividend per ordinary share € per preferred share € Share price development 1 Ordinary shares Closing € Annual high € Annual low € Preferred shares Closing € Annual high € Annual low € Market capitalization at Dec. 31 € billion Equity at Dec. 31 € billion Ratio of market capitalization to equity factor Key figures per share Earnings per ordinary share basic € diluted € Operating profit 3 € Cash flows from operating activities 3 € Equity 4 € Price/earnings ratio 5 factor Price/cash flow ratio 5 factor Dividend yield ordinary share % preferred share % Price development (excluding dividends) ordinary share % preferred share % Turnover on German stock exchanges 6 Turnover of Volkswagen ordinary shares € billion million shares Volkswagen share of total DAX turnover % 1) Xetra prices. 2) For 2006 from continuing and discontinued operations. 3) Based on the weighted average number of ordinary and preferred shares outstanding (basic).
  • 13.
    w w w.vo l k s w a g e n a g . c o m / i r 11 2009 2008 2007 2006 2005 295,005 294,920 291,337 286,980 321,930 105,238 105,238 105,238 105,238 105,238 1.60 1.93 1.80 1.25 1.15 1.66 1.99 1.86 1.31 1.21 2009 2008 2007 2006 2005 77.00 250.00 156.10 85.89 44.61 298.85 945.00 197.90 85.89 54.01 72.41 148.43 82.60 45.10 31.88 65.74 38.02 100.00 56.55 32.50 81.72 108.30 131.00 56.55 40.00 30.24 29.30 54.14 32.85 24.00 29.6 77.7 56.0 30.6 15.9 35.3 35.0 31.9 26.9 23.6 0.84 2.22 1.75 1.14 0.67 2009 2008 2007 2006 2005 2.38 11.92 10.43 7.07 2 2.90 2.38 11.88 10.34 7.04 2 2.90 4.64 15.91 15.60 5.18 6.60 31.84 27.13 39.72 37.32 27.86 88.15 87.49 80.38 68.59 55.25 36.2 21.0 15.0 12.1 15.4 2.4 9.2 3.9 2.3 1.6 2.1 0.8 1.2 1.5 2.6 2.5 5.2 1.9 2.3 3.7 – 69.2 + 60.2 + 81.7 + 92.5 + 33.8 + 72.9 – 62.0 + 76.8 + 74.0 + 33.1 2009 2008 2007 2006 2005 23.5 136.5 103.1 50.5 30.9 129.6 562.8 877.3 770.4 735.7 3.2 7 8.0 5.3 3.9 3.3 4) Based on the total number of ordinary and preferred shares on December 31. 5) Using closing prices of the ordinary shares. 6) Order book turnover on German exchanges. 7) On December 23, 2009, preferred shares replaced ordinary shares in the DAX. December 31, 2009
  • 14.
    12 SHARE PRICEDEVELOPMENT FROM DEC. 2004 TO DEC. 2009 800 600 400 200 100 December 2004 March 2005 June 2005 September 2005 December 2005 March 2006 June 2006 September 2006 December 2006 March 2007 Index based on month-end prices: Dec. 31, 2004 = 100
  • 15.
    w w w.vo l k s w a g e n a g . c o m / i r 13 June 2007 September 2007 December 2007 March 2008 June 2008 September 2008 December 2008 March 2009 June 2009 September 2009 December 2009 Volkswagen preferred share Volkswagen ordinary share DJ Euro STOXX 50 DJ Euro STOXX Automobile German Share Index (DAX) December 31, 2009
  • 16.
    14 S IG N I F I C A N T G R O U P C O M PA N I E S Name, location Equity interest in % Automotive Division VOLKSWAGEN AG, Wolfsburg Volkswagen Sachsen GmbH, Zwickau 100.00 VOLKSWAGEN SLOVAKIA, a.s., Bratislava/Slovak Republic 100.00 SITECH Sitztechnik GmbH, Wolfsburg 100.00 Volkswagen Navarra, S.A., Arazurí (Navarra)/Spain 100.00 AUTOEUROPA­AUTOMÓVEIS LDA., Palmela/Portugal 100.00 Volkswagen Motor Polska Sp.z o.o., Polkowice/Poland 100.00 Volkswagen­Audi España, S.A., El Prat de Llobregat (Barcelona)/Spain 100.00 Volkswagen Original Teile Logistik GmbH & Co. KG, Baunatal 52.96 VOLKSWAGEN Group United Kingdom Ltd., Milton Keynes/United Kingdom 100.00 Groupe VOLKSWAGEN France s.a., Villers­Cotterêts/France 100.00 Automobilmanufaktur Dresden GmbH, Dresden 100.00 Volkswagen Poznan Sp.z o.o., Poznan/´ oland P 100.00 Volkswagen Group Sverige Aktiebolag, Södertälje/Sweden 100.00 Auto 5000 GmbH, Wolfsburg 100.00 Volkswagen Group of America, Inc., Herndon, Virginia/USA 100.00 Volkswagen Group Canada, Inc., Ajax, Ontario/Canada 100.00 VOLKSWAGEN Group Japan K.K., Toyohashi/Japan 100.00 OOO VOLKSWAGEN Group Rus, Kaluga/Russia 93.78 AUDI AG, Ingolstadt 99.55 AUDI BRUSSELS S.A./N.V., Brussels/Belgium 100.00 AUDI HUNGARIA MOTOR Kft., Györ/Hungary 100.00 Audi of America, LLC, Herndon, Virginia/USA 100.00 Audi Volkswagen Korea Ltd., Seoul/Korea 100.00 Audi Volkswagen Middle East FZE, Dubai/United Arab Emirates 100.00 Automobili Lamborghini Holding S.p.A., Sant' Agata Bolognese/Italy 100.00 VOLKSWAGEN GROUP ITALIA S.P.A., Verona/Italy 100.00 quattro GmbH, Neckarsulm 100.00 SEAT, S.A., Martorell, Barcelona/Spain 100.00 SEAT Deutschland GmbH, Mörfelden­Walldorf 100.00 Gearbox del Prat, S.A., El Prat de Llobregat (Barcelona)/Spain 100.00 ãKODA AUTO a.s., Mladá Boleslav/Czech Republic 100.00 ãkodaAuto Deutschland GmbH, Weiterstadt 100.00 ãKODA AUTO Slovensko s.r.o., Bratislava/Slovak Republic 100.00 ãKODA AUTO POLSKA, S.A., Poznan/Poland 51.00 Bentley Motors Ltd., Crewe/United Kingdom 100.00 Volkswagen de México, S.A. de C.V., Puebla/Pue./Mexico 100.00 Volkswagen do Brasil Ltda., São Bernardo do Campo, SP/Brazil 100.00 Volkswagen Argentina S.A., Buenos Aires/Argentina 100.00 December 31, 2009
  • 17.
    w w w.vo l k s w a g e n a g . c o m / i r 15 Name, location Equity interest in % Volkswagen of South Africa (Pty) Ltd., Uitenhage/South Africa 100.00 Scania AB, Södertälje/Sweden 1 49.29 S.A.S. Scania Holding France, Angers/France 100.00 Scania Deutschland Holding GmbH, Koblenz 100.00 Scania Europe Holding B.V., Zwolle/The Netherlands 100.00 Scania CV AB, Södertälje/Sweden 100.00 Shanghai­Volkswagen Automotive Company Ltd., Shanghai/PR. China 2 50.00 FAW­Volkswagen Automotive Company, Ltd., Changchun/PR. China 2 40.00 Volkswagen (China) Investment Company Ltd., Beijing/PR. China 100.00 Volkswagen Group Services S.A., Brussels/Belgium 100.00 Volkswagen International Finance N.V., Amsterdam/The Netherlands 100.00 Porsche Zwischenholding GmbH, Stuttgart 2,4 49.90 Dr. Ing. h.c. F. Porsche AG, Stuttgart – MAN SE, Munich 3 28.67 Financial Services Division VOLKSWAGEN FINANCIAL SERVICES AG, Braunschweig 100.00 Volkswagen Leasing GmbH, Braunschweig 100.00 Volkswagen Bank GmbH, Braunschweig 100.00 Volkswagen Reinsurance AG, Braunschweig 100.00 Volkswagen­Versicherungsdienst GmbH, Wolfsburg 100.00 VOLKSWAGEN FINANCE, S.A., Alcobendas (Madrid)/Spain 100.00 Volkswagen Financial Services (UK) Ltd., Milton Keynes/United Kingdom 100.00 Volkswagen Financial Services N.V., Amsterdam/The Netherlands 100.00 Volkswagen Financial Services Japan Ltd., Tokyo/Japan 100.00 ãkoFIN s.r.o., Prague/Czech Republic 100.00 Global Mobility Holding B.V., Amsterdam/The Netherlands 2, 5 50.00 LeasePlan Corporation N.V., Amsterdam/The Netherlands – Volkswagen Pon Financial Services B.V., Amersfoort/The Netherlands 2 60.00 VW CREDIT, INC., Wilmington, Delaware/USA 100.00 VOLKSWAGEN LEASING SA DE CV, Puebla/Mexico 100.00 VOLKSWAGEN BANK SA INSTITUCION DE BANCA MULTIPLE, Puebla/Mexico 100.00 Financial services companies in Brazil, São Paulo/Brazil 100.00 Financial services companies in Argentina, Buenos Aires/Argentina 00.00 1 1) The share of the voting rights in Scania is 71.81 % and thus differs from the equity interest. 2) Joint ventures are accounted for using the equity method. 3) The share of the voting rights in MAN is 29.9 % and thus differs from the equity interest. The company is accounted for using the equity method. 4) Porsche Zwischenholding GmbH, Stuttgart, holds 100 % of the shares of Dr. Ing. h. c. F. Porsche AG, Stuttgart. The company‘s fiscal year ends on June 30, 2010. 5) Global Mobility Holding B. V., Amsterdam, holds all shares of LeasePlan Corporation N. V., Amsterdam. December 31, 2009
  • 18.
    16 P RO D U C T I O N N E T W O R K G E R M A N Y 7 ö 4 3, 12 5 8 6 11 9 10 2 1 December 31, 2009
  • 19.
    w w w.vo l k s w a g e n a g . c o m 17 GERMANY 7 Emden plant (7,500 employees) AUDI AG (46,500 employees; PASSAT, PASSAT VARIANT, PASSAT CC founded in 1909, 1965 acquisition of 50 % of the capital of Auto­ 8 Salzgitter plant Union GmbH; today more than (6,000 employees) 99 % owned by VOLKSWAGEN AG) engines 1 Ingolstadt plant Volkswagen Sachsen GmbH AUDI A3, AUDI A3 SPORTBACK, AUDI A4, (7,750 employees; AUDI A4 AVANT, AUDI A4 ALLROAD, founded in 1990; wholly owned AUDI A5 COUPÉ, AUDI A5 SPORT­ by VOLKSWAGEN AG) BACK, AUDI Q5, components: engine components 9 Chemnitz plant engines 2 Neckarsulm plant AUDI A4, AUDI A5 CABRIOLET, 10 Zwickau plant AUDI A6, AUDI A6 AVANT, AUDI A6 GOLF, PASSAT ALLROAD, AUDI A8, AUDI R8 COUPÉ, AUDI R8 SPYDER Automobilmanufaktur Dresden GmbH VOLKSWAGEN AG (380 employees; founded in 1998; (95,200 employees; founded as wholly owned by VOLKSWAGEN AG) Volkswagenwerk GmbH in 1938) 11 Gläserne Manufaktur 3 Wolfsburg plant Dresden (50,000 employees) PHAETON GOLF, GOLF PLUS, TIGUAN, TOURAN, components: press shop, SITECH Sitztechnik GmbH chassis, plastics technology (1,700 emloyees; founded in 2001; wholly owned by SITECH Sp. z o.o.) 4 Hanover plant (12,750 employees) 12 Wolfsburg plant T5, T5 GP, components: foundry, components: seating technology heat exchangers öVolkswagen Osnabrück 5 Brunswick plant GmbH (5,500 employees) (from 2011) chassis components 6 Kassel plant (13,450 employees) gearboxes, components: foundry December 31, 2009
  • 20.
    18 P RO D U C T I O N N E T W O R K E U R O P E 25 30 23 24 22 29 16 28 18 27 19, 20 13 39 4140 34 15 33 26 42 17 14 38 35 36 37 21 December 31, 2009
  • 21.
    w w w.vo l k s w a g e n a g . c o m 19 BELGI UM ITALY AUDI BRUSSELS S.A. Automobili Lamborghini (2,200 employees; S.p.A. founded in 1971; wholly owned (990 employees; founded in 1963, by VOLKSWAGEN AG) wholly owned by Automobili Lamborghini Holding S.p.A., wholly 13 Brussels plant owned by AUDI AG since 1998) AUDI A3 SPORTBACK, POLO (2009 end of production) 17 Sant’ Agata Bolognese plant GALLARDO COUPÉ, GALLARDO BOSN IA-H ERZEGOVI NA SPYDER, MURCIÉLAGO COUPÉ, MURCIÉLAGO ROADSTER, engines VOLKSWAGEN SARAJEVO, d.o.o. POLAND (founded in 1998; 58% VOLKSWAGEN AG, Volkswagen Pozna´ Sp. z o.o. n (5,000 employees; founded in 1993; 42% Prevent Sarajevo d.o.o.) wholly owned by Volkswagen International Finance N.V.) 14 Sarajevo plant Eco Carrier, components: 18 Pozna´ plant n ring gears, stub axles CADDY 3, T5, T5 GP, components: foundry FRANCE Volkswagen Motor Polska Bugatti Automobiles SAS Sp. z o.o. (65 employees; founded in 1910; (1,150 employees; founded in part of the Volkswagen Group 1998; wholly owned by Volkswagen since 1998; today wholly owned by Inter ational Finance N.V.) n Groupe VOLKSWAGEN France s.a.) 19 Polkowice plant 15 Molsheim plant engines VEYRON 16.4, VEYRON GRAND SPORT SITECH Sp. z o.o. (1,400 employees; wholly owned GREAT BRITAI N by Volkswagen International Finance N.V.) Bentley Motors Ltd. (3,400 employees; founded in 1919; 20 Polkowice plant wholly owned by VOLKSWAGEN AG) components: seating technology 16 Crewe plant ARNAGE, BROOKLANDS, AZURE, CONTINENTAL FLYING SPUR, CONTINENTAL GT, CONTINENTAL GTC, engines December 31, 2009
  • 22.
    20 P RO D U C T I O N N E T W O R K E U R O P E PORTUGAL 25 Luleå plant (Sweden) Components (production of AUTOEUROPA - frame members) AUTOMÓVEIS LDA. (3,000 employees; founded in 26 Angers plant 1991; 74 % Volkswagen Inter­ (France) national Finance N.V.; 26 % Global Assembly of trucks VW Automotive B.V.) 27 Zwolle plant 21 Palmela plant (The Netherlands) EOS, SCIROCCO, SHARAN, Assembly of trucks SEAT ALHAMBRA 28 Meppel RUSSIA (The Netherlands) Components, components paint OOO Volkswagen Group Rus shop (2,000 employees; founded in 1999; 28.06 % VOLKSWAGEN AG, 29 Slupsk plant (Poland) 16.80 % SKODA AUTO a.s., 48.92 % Assembly of bus bodies Volkswagen International Finance N.V., 6.22 % European Bank for 30 St. Petersburg plant Reconstruction and Development) (Russia) Assembly of bus bodies 22 Kaluga plant TIGUAN, ãKODA OCTAVIA, several 31 São Paulo plant SKD models of the Volkswagen, (Brazil) Volkswagen Commercial Vehicles, Production of engines, axles, cabs, ãkoda and Audi brands truck and bus chassis SWEDEN 32 Tucumán plant (Argentina) Scania AB Powertrain components (32,330 employees*; founded in (production) 1891, VOLKSWAGEN AG 49.29 % share capital and 71.81 % voting rights) 23 Södertälje plant (Sweden) Production of truck and bus chassis, components (engines, transmission and axle production) 24 Oskarshamn plant (Sweden) Components (production of cabs) * as reported by Scania December 31, 2009
  • 23.
    w w w.vo l k s w a g e n a g . c o m 21 SLOVAK REPUBLIC Volkswagen Navarra, S.A. (4,850 employees; VOLKSWAGEN SLOVAKIA a.s. founded in 1993 when the (6,600 employees; Pamplona plant was spun off from founded in 1991; wholly owned SEAT S.A. as ”Fabrica Navarra de by Volks agen International w A utomoviles S.A.“, 100 % SEAT, S.A.) Finance N.V.) 38 Pamplona plant 33 Bratislava plant POLO, engines (assembly only) TOUAREG, ãKODA OCTAVIA, AUDI Q7, PORSCHE CAYENNE, CZECH REPUBLIC gearboxes (assembly only) ãKODA AUTO a.s. 34 Martin plant (23,600 employees; components: gearboxes/chassis founded in 1895; wholly owned by Volkswagen International Finance SPAI N N.V.) SEAT, S.A. 39 Mladá Boleslav plant (11,500 employees; FABIA, FABIA COMBI, OCTAVIA, founded in 1950, wholly owned by OCTAVIA COMBI, engines, gearboxes, VOLKSWAGEN AG) components: foundry 35 Barcelona plant 40 Kvasiny plant components: press shop ROOMSTER, PRAKTIK, YETI, SUPERB, SUPERB COMBI 36 Martorell plant IBIZA, IBIZA SC, CORDOBA, LEON, 41 Vrchlabí plant TOLEDO, ALTEA, ALTEA XL, OCTAVIA, OCTAVIA COMBI ALTEA FREETRACK, EXEO, EXEO ST, engines (assembly only) H U NGARY Gearbox del Prat, S.A. AUDI HUNGARIA MOTOR (founded in 1989, wholly owned by Kft. SEAT, S.A.) (5,600 employees; founded in 1993; 37 Prat plant wholly owned by AUDI AG) gearboxes, components: foundry 42 Györ plant AUDI A3 CABRIOLET, AUDI TT COUPÉ, AUDI TT ROADSTER, engines December 31, 2009
  • 24.
    22 PRODUCTION NETWORKNORTH/SOUTH AMERICA AND SOUTH AFRICA ö 43 48 49 31 32 47 44 46 50 45 USA BRAZIL öVolkswagen Group of Volkswagen do Brasil America Chattanooga Indústria de Veículos Operations, LLC. Automotores Ltda. (from 2011) (21,700 employees; founded in 1953; wholly owned by Volkswagen MEXICO International Finance N.V.) Volkswagen de México, S.A. 46 Anchieta plant de C.V. (13,200 employees; GOL, SAVEIRO, NEW SAVEIRO, POLO, founded in 1964; wholly owned POLO CLASSIC, PARATI, T2, engines, by VOLKSWAGEN AG) gearboxes: foundry 43 Puebla plant 47 Curitiba plant JETTA, NEW BEETLE, NEW BEETLE FOX, GOLF CABRIOLET, JETTA VARIANT, GOLF VARIANT EUROPE, BUS, TRUCK, 48 São Carlos plant engines: foundry engines ARGENTINA 49 Taubaté plant GOL, VOYAGE Volkswagen Argentina S.A. (5,100 employees; founded in SOUTH AFRICA 1980; wholly owned by SEAT, S.A.) Volkswagen of South Africa 44 Cordoba plant (Pty) Ltd. (4,750 employees; gearboxes founded in 1956; wholly owned by VOLKSWAGEN AG since 1974) 45 Pacheco plant FOX, SURAN, AMAROK, engines 50 Uitenhage plant (assembly only) POLO, POLO CLASSIC, CITI GOLF (2009 end of production), JETTA, BUS, CONSTELLATION MEDIUM, CONSTELLATION HEAVY, engines December 31, 2009
  • 25.
    PRO DU CTIONN E T WO R K AS IA / PAC I F I C 23 55,57 58 56 54 53,59, 60 51 52 INDIA 53 Shanghai (Anting) plant ãKODA FABIA JINGRUI, ãKODA AUTO India Private Ltd. ãKODA OCTAVIA MINGRUI, (840 employees; founded in 1999; ãKODA SUPERB HAORUI, wholly owned by ãKODA AUTO a.s.) POLO JINQING, POLO JINQU, LAVIDA, SANTANA, PASSAT CLASSIC, 51 Aurangabad plant PASSAT LINGYU, TOURAN, engines ãKODA FABIA, ãKODA OCTAVIA, ãKODA SUPERB, 54 Nanjing plant JETTA, PASSAT, AUDI A4, AUDI A6 SANTANA VISTA Volkswagen India Private Ltd. FAW-Volkswagen (1,100 employees; founded in Automotive Company Ltd. 2007; VOLKSWAGEN AG 90.99 % (11,700 employees; founded in share capital and 0.0001 % voting 1991; 20 % VOLKSWAGEN AG, 10 % rights, Volkswagen International Volkswagen (China) Investment Finance N.V. 9.01 % share capital Company Ltd., 10 % AUDI AG, 50 % and 99.9999 % voting rights) First Automobile Works Corp./FAW) 52 Pune plant 55 Changchun plant ãKODA FABIA, POLO JETTA A2, NEW BORA, GOLF, SAGITAR, MAGOTAN, AUDI A4, AUDI A6, PEOPLE’S REPUBLIC OF CHINA AUDI Q5, engines, gearboxes Shanghai-Volkswagen 56 Chengdu plant Automotive Company Ltd. JETTA A2 (19,000 employees; founded in 1985; 40 % VOLKS AGEN AG, W 10 % Volkswagen (China) Invest­ ment Company Ltd., 50 % Shanghai Automotive Group Company Ltd/ SAGCL) December 31, 2009
  • 26.
    24 PRO DUCTIONN E T WOR K AS I A / PAC I F IC 55,57 58 56 54 53,59, 60 51 52 Volkswagen FAW Platform VOLKSWAGEN Transmission Company Ltd. (Shanghai) Company Ltd. (founded in 2005; 60 % Volkswagen (founded in 2001; 60 % Volkswagen (China) Investment Company Ltd., (China) Investment Company Ltd., 40 % FAWER Automobile Parts Co. 20 % FAW­Car Company, 20 % SAIC Ltd.) Motor Co., Ltd.) 57 Changchun plant 59 Shanghai (Jiading) plant components: chassis, axles gearboxes VOLKSWAGEN FAW Engine Shanghai Volkswagen (Dalian) Co., Ltd. Powertrain Company Ltd. (founded in 2005; 60 % Volkswagen (founded in 2005; 60 % Volkswa­ (China) Investment Company Ltd., gen (China) Investment Company 40 % First Automobile Works Corp./ Ltd., 40 % Shanghai Automotive FAW) Group Company Ltd./SAGCL) 58 Dalian plant 60 Shanghai (Loutang) plant engines, gearboxes engines December 31, 2009
  • 27.
    EN V IRONM E NT A N D TRANS PORT w w w.vo lkswa ge n ag . co m 25 Volkswagen Group models with CO2 emissions of less than 140 g/km for the German market 5 models ≤ 100 CO2 / km 58 models ≤ 120 CO2 / km 100 100 80 80 60 60 40 40 23 20 20 15 14 3 0 2 0 6 VW Audi SEAT ãkoda VW Audi SEAT ãkoda 104 models ≤ 130 CO2 / km 174 models ≤ 140 CO2 / km 100 100 78 80 80 60 60 49 38 40 40 31 27 24 20 16 15 20 VW Audi SEAT ãkoda VW Audi SEAT ãkoda December 31, 2009
  • 28.
    26 D EL I V E R I E S T O C U S T O M E R S Worldwide 2008 December 31, 2009 2009 Group 6,256,843* 6,336,222 (= +1.3 %) Volkswagen Passenger Cars 3,667,843 3,954,454 (= +7.8 %) Audi 1,003,469 949,729 (= -5.4 %) SEAT 368,104 336,683 (= -8.5 %) ãkoda 674,530 684,226 (= +1.4 %) Volkswagen Commercial Vehicles 502,265 361,506 (= -28.0 %) Bentley 7,604 4,616 (= -39.3 %) Bugatti 71 50 (= -29.6 %) Lamborghini 2,430 1,515 (= -37.7 %) Scania 30,527* 43,443 (= +42.3 %) Europe 2008 December 31, 2009 2009 Group* 3,530,655 3,281,198 (= -7.1 %) Volkswagen Passenger Cars 1,571,705 1,564,084 (= -0.5 %) Audi 709,677 618,854 (= -12.8 %) SEAT 343,211 312,222 (= -9.0 %) ãkoda 570,285 525,572 (= -7.8 %) Volkswagen Commercial Vehicles 331,660 258,038 (= -22.2 %) Bentley 3,090 1,739 (= -43.7 %) Bugatti 30 22 (= -26.7 %) Lamborghini 997 667 (= -33.1 %) * Scania delivery figures: July 22 – December 31, 2008 ** excl. Scania
  • 29.
    w w w.vo l k s w a g e n a g . c o m 27 Western Europe excl. Germany 2008 December 31, 2009 2009 Group* 1,915,870 1,655,260 (= -13.6 %) Volkswagen Passenger Cars 872,022 766,397 (= -12,1.%) Audi 408,873 359,465 (= -12,1 .%) SEAT 270,518 236,852 (= -12.4 %) ãkoda 203,067 182,857 (= -10.0 %) Volkswagen Commercial Vehicles 158,285 107,776 (= -31.9 %) Bentley 2,347 1,363 (= -41.9 %) Bugatti 21 18 (= -14.3 %) Lamborghini 737 532 (= -27.8 %) Central and Eastern Europe 2008 December 31, 2009 2009 Group* 556,012 381,913 (= -31.3 %) Volkswagen Passenger Cars 178,466 125,070 (= -29.9 %) Audi 42,693 30,545 (= -28.5 %) SEAT 31,410 19,188 (= -38.9 %) ãkoda 254,714 180,387 (= -29.2 %) Volkswagen Commercial Vehicles 48,525 26,586 (= -45.2 %) Bentley 168 103 (= -38.7 %) Lamborghini 36 34 (= -5.6 %) * excl. Scania
  • 30.
    28 D EL I V E R I E S T O C U S T O M E R S Germany 2008 December 31, 2009 2009 Group* 1,058,773 1,244,025 (= +17.5 %) Volkswagen Passenger Cars 521,217 672,617 (= +29.0 %) Audi 258,111 228,844 (= -11.3 %) SEAT 41,283 56,182 (= +36.1 %) ãkoda 112,504 162,328 (= +44.3 %) Volkswagen Commercial Vehicles 124,850 123,676 (= -0.9 %) Bentley 575 273 (= -52.5 %) Bugatti 9 4 (= -55.6 %) Lamborghini 224 101 (= -54.9 %) Great Britain 2008 December 31, 2009 2009 Group* 377,460 338,745 (= -10.3 %) Volkswagen Passenger Cars 178,458 157,536 (= -11.7 %) Audi 101,522 90,513 (= -10.8 %) SEAT 29,397 29,987 (= +2.0 %) ãkoda 37,072 36,012 (= -2.9 %) Volkswagen Commercial Vehicles 29,356 23,681 (= -19.3 %) Bentley 1,438 891 (= -38.0 %) Bugatti 10 5 (= -50.0 %) Lamborghini 207 120 (= -42.0 %) * excl. Scania
  • 31.
    w w w.vo l k s w a g e n a g . c o m 29 Italy 2008 December 31, 2009 2009 Group* 263,591 236,458 (= -10.3 %) Volkswagen Passenger Cars 143,651 130,649 (= -9.1 %) Audi 62,053 57,204 (= -7.8 %) SEAT 27,300 22,235 (= -18.6 %) ãkoda 20,809 18,215 (= -12.5 %) Volkswagen Commercial Vehicles 9,405 7,900 (= -16.0 %) Bentley 143 44 (= -69.2 %) Lamborghini 230 211 (= -8.3 %) Spain 2008 December 31, 2009 2009 Group* 277,688 223,779 (= -19.4 %) Volkswagen Passenger Cars 93,682 77,773 (= -17.0 %) Audi 51,421 38,788 (= -24.6 %) SEAT 99,496 83,008 (= -16.6 %) ãkoda 20,487 17,598 (= -14.1 %) Volkswagen Commercial Vehicles 12,534 6,568 (= -47.6 %) Bentley 55 38 (= -30.9 %) Bugatti 1 0 (= -100.0 %) Lamborghini 12 6 (= -50.0 %) * excl. Scania
  • 32.
    30 D EL I V E R I E S T O C U S T O M E R S North America 2008 December 31, 2009 2009 Group* 502,949 467,528 (= -7.0 %) Volkswagen Passenger Cars 375,326 344,776 (= -8.1 %) Audi 102,273 98,896 (= -3.3 %) SEAT 13,066 15,588 (= +19.3 %) Volkswagen Commercial Vehicles 8,589 6,429 (= -25.1 %) Bentley 2,863 1,443 (= -49.6 %) Bugatti 19 7 (= -63.2 %) Lamborghini 813 389 (= -52.2 %) USA 2008 December 31, 2009 2009 Group* 314.513 297.973 (= -5,3 %) Volkswagen Passenger Cars 223,128 213,454 (= -4.3 %) Audi 87,760 82,716 (= -5.7 %) Volkswagen Commercial Vehicles 2 0 (= -100.0 %) Bentley 2,863 1,443 (= -49.6 %) Bugatti 19 7 (= -63.2 %) Lamborghini 741 353 (= -52.4 %) * excl. Scania
  • 33.
    w w w.vo l k s w a g e n a g . c o m 31 South America 2008 December 31, 2009 2009 Group* 797,742 815,130 (= +2.2 %) Volkswagen Passenger Cars 663,458 735,142 (= +10.8 %) Audi 9,574 8,716 (= -9.0 %) SEAT 2,957 1,491 (= -49.6 %) ãkoda 2,623 1,819 (= -30.7 %) Volkswagen Commercial Vehicles 119,130 67,957 (= -43.0 %) Lamborghini 0 5 Brazil 2008 December 31, 2009 2009 Group* 633,293 688,270 (= +8.7 %) Volkswagen Passenger Cars 526,297 623,056 (= +18.4 %) Audi 1,376 2,010 (= +46.1 %) Volkswagen Commercial Vehicles 105,620 63,199 (= -40.2 %) Lamborghini 0 5 South Africa 2008 December 31, 2009 2009 Group* 72,774 51,982 (= -28.6 %) Volkswagen Passenger Cars 55,996 39,379 (= -29.7 %) Audi 9,525 8,710 (= -8.6 %) SEAT 1,285 0 (= -100.0 %) Volkswagen Commercial Vehicles 5,940 3,885 (= -34.6 %) Lamborghini 28 8 (= -71.4 %) * excl. Scania
  • 34.
    32 D EL I V E R I E S T O C U S T O M E R S Asia-Pacific 2008 December 31, 2009 2009 Group* 1,170,358 1,546,121 (= +32.1 %) Volkswagen Passenger Cars 929,841 1,200,505 (= +29.1 %) Audi 155,131 199,003 (= +28.3 %) ãkoda 76,654 138,782 (= +81.0 %) Volkswagen Commercial Vehicles 7,256 6,646 (= -8.4 %) Bentley 1,051 869 (= -17.3 %) Bugatti 8 6 (= -25.0 %) Lamborghini 417 310 (= -25.7 %) China 2008 December 31, 2009 2009 Group* 1,024,007 1,400,013 (= +36.7 %) Volkswagen Passenger Cars 843,956 1,117,303 (= +32.4 %) Audi 119,598 158,941 (= +32.9 %) ãkoda 59,284 122,556 (= +106.7 %) Volkswagen Commercial Vehicles 534 612 (= +14.6 %) Bentley 518 484 (= -6.6 %) Lamborghini 117 117 (= 0.0 %) * excl. Scania
  • 35.
    C O MP E T I T I V E S I T U AT I O N 33 M A R K E T S H A R E S O F N E W PA S S E N G E R C A R R E G I S T R AT I O N S B Y C O U N T R Y ( V W G R O U P ) 2008 2009 December 31, 2009 Germany 33.6 % 34.2 % France 11.9 % 11.3 % Great Britain 16.3 % 15.9 % Italy 11.2 % 10.1 % Spain 23.0 % 23.2 % Portugal 19.9 % 20.1 % Belgium 19.6 % 19.1 % The Netherlands 17.1 % 18.3 % Austria 31.1 % 31.7 % Switzerland 23.3 % 24.1 % Sweden 21.2 % 21.3 % Norway 25.2 % 24.2 % Denmark 17.3 % 15.8 % Finland 23.0 % 25.0 % Western Europe excl. Germany 16.5 % 15.8 % Western Europe 20.4 % 20.9 % Brazil 24.0 % 25.4 % China 18.7 % 16.5 % USA* 2.4 % 2.9 % Worldwide 10.3 % 11.3 % * market includes passenger cars and light trucks
  • 36.
    34 C OM P E T I T I V E S I T U AT I O N N E W PA S S E N G E R C A R R E G I S T R AT I O N S B Y M A R K E T Germany Volkswagen Group 34.17 % GM Group 9.79 % Ford Group 8.32 % PSA Group 6.08 % Renault 3.83 % Fiat Group 4.76 % BMW Group 6.77 % Daimler AG 8.31 % Japanese automakers 11.02 % Toyota Group 3.92 % Korean automakers 3.86 % USA (Passenger Cars and Light Trucks) Volkswagen 2.0 % Audi 0.8 % Volkswagen Group 2.9 % Toyota 17.0 % Nissan 7.4 % Honda 11.0 % Japanese automakers (total) 40.3 % Korean automakers (total) 7.0 % BMW Group 1.9 % Daimler AG 2.0 % Further imported brands 1.7 % Total imported brands 55.8 % GM Group 19.8 % Ford Group 15.5 % Chrysler 8.9 % Domestics 44.2 % December 31, 2009
  • 37.
    w w w.vo l k s w a g e n a g . c o m 35 Western Europe excl. Germany Volkswagen Group 15.78 % GM Group 8.59 % Ford Group 11.28 % PSA Group 15.86 % Renault 9.06 % Fiat Group 10.36 % BMW Group 4.47 % Daimler AG 3.58 % Japanese automakers 14.43 % Toyota Group 5.75 % Korean automakers 3.93 % China (excl. Hong Kong)* Shanghai Volkswagen 8.2 % FAW­Volkswagen 7.9 % Volkswagen Group (local) 16.1 % Volkswagen Group (imported brands) 0.4 % Volkswagen Group (total) 16.5 % GM Group 9.3 % Ford/Volvo Group 2.9 % PSAGroup 3.2 % Japanese automakers (total) 20.8 % Korean automakers (total) 9.8 % Chinese brands 23.4 % Further international brands 11.5 % Further imported brands 2.6 % * Source: Volkswagen Group China December 31, 2009
  • 38.
    36 D EV E L O P M E N T S I N W O R K F O R C E VO L K SWA G E N G R O U P Development of workforce worldwide thousands 369.9 370 368.5 360 350 344.9 342.5 340 330 329.3 324.9 320 310 300 2004 2005 2006 2007 2008 2009 Year­end data, employees at production and service companies December 31, 2009 VO L K SWA G E N G R O U P Absolute numbers of employees in Germany/abroad thousands 195.6 195.9 178.7 180 177.3 174.3 172.6 168.9 168.7 165.2 166.2 160.6 160 155.9 140 120 100 2004 2005 2006 2007 2008 2009 Germany Year­end data, employees at production and service companies abroad December 31, 2009
  • 39.
    w w w.vo l k s w a g e n a g . c o m / i r 37 VO L K SWA G E N G R O U P Workforce at production companies by country (excl. Scania) Italy 986 Russia 1,978 India 1,986 Belgium 2,152 Portugal 2,979 Great Britain 3,425 South Africa 4,748 Argentina 5,550 Hungary 5,624 Slovak Republic 6,513 Poland 8,601 Mexico 13,203 Spain 17,502 Brazil 21,732 Czech Republic 23,655 China 30,752 Germany 151,429 December 31, 2009 VO L K SWA G E N G R O U P Workforce at production companies by employment category 350,000 300,000 105,288 104,942 93,084 105,966 124,039 125,694 250,000 200,000 228,418 230,959 222,592 214,037 236,005 232,960 150,000 100,000 50,000 0 2004 2005 2006 2007 2008 2009 salaried (excl. apprentices) hourly workers (excl. apprentices) December 31, 2009
  • 40.
    38 D EV E L O P M E N T S I N W O R K F O R C E VO L K SWA G E N A G Development of part-time employees 102,520 101,028 94,000 90,468 90,363 95,164 3,431 3,000 2,912 2,780 2,500 2,303 2,487 2,249 2,000 1,500 1.500 1,000 1.000 500 2.8% 3.4% 2.4% 2.5% 2.8% 2.9% 0 2004 2005 2006 2007 2008 2009* total (incl. apprentices) * 2009 incl. Auto5000 GmbH part­time employees (excl. partial retirement) December 31, 2009 VO L K SWA G E N A G Development in share of female employees 102,520 101,028 94,000 90,468 90,363 95,164 13,984 14,000 13,715 13,500 13,397 13,000 12,472 12,500 12,427 11,966 12,000 11,500 13.4% 13.9% 13.3% 13.2% 13.8% 14.1% 11,000 2004 2005 2006 2007 2008 2009* total (incl. apprentices) * 2009 incl. Auto5000 GmbH women December 31, 2009
  • 41.
    w w w.vo l k s w a g e n a g . c o m / i r 39 VO L K SWA G E N A G Overall age structure 42.0 42.1 42.2 years years years 40 38.1 years 35 30 1998 2007 2008 2009* * 2009 incl. Auto5000 GmbH December 31, 2009 VO L K SWA G E N A G Health index % 2009* 95.2 2008 95.7 2007 95.7 2006 96.3 2005 96.2 2004 96.2 2003 95.8 2002 95.5 2001 95.8 2000 95.7 * 2009 incl. Auto5000 GmbH December 31, 2009
  • 42.
    40 E MP L O Y E E S I N T E C H N I C A L D E V E L O P M E N T Volkswagen Individual 204 Sitech 134 Bentley 659 Bugatti 89 SEAT 939 Volkswagen de México/NAR 868 Volkswagen do Brasil 983 Volkswagen Argentina 1 31 1) incl. Robust Pick-Up/ Volkswagen Commercial Vehicles 2) incl. Audi Hungari Motor
  • 43.
    w w w.vo l k s w a g e n a g . c o m / i r 41 Volkswagen Passenger Cars Technical Development Scania 7,764 2,642 Volkswagen Commercial Vehicles 741 ãkoda 1,562 FAW-Volkswagen Audi2 Volkswagen 530 6,423 Group China VTT Japan 20 36 Lamborghini 159 Shanghai Volkswagen 1,067 Volkswagen of South Africa 122 Total: 25,585 612 further employees in Group Research December 31, 2009
  • 44.
    42 GENERAL PROCUREMENTINFORMATION w w w.v o l k s w a g e n a g . c o m / i r Purchasing Volumes (Volkswagen Group) 75.4 billion € 70.7 billion € 2008* 2009 * excl. Scania Procurement Volumes by Brand and Company** Volkswagen AG (incl. Passenger Cars, Commercial Vehicles and ET­K) 18,085.76 25.6 % VW Slovakia 1,827.90 2.6 % VW do Brasil 4,252.64 6.0 % FAW Volkswagen 6,031.20 8.5 % VW Shanghai 7,151.58 10.1 % VW de México 2,618.78 3.7 % VW Sachsen 2,082.61 2.9 % Auto Europa 942.32 1.3 % Volkswagen Motor Polska 571.69 0.8 % VW of South Africa 631.04 0.9 % VW Argentina 666.12 0.9 % Audi Brussels 491.12 0.7 % Volkswagen RUS 326.22 0.5 % Volkswagen India 119.99 0.2 % Volkswagen USA 710.35 1.0 % Bentley 240.84 0.3 % Audi 11,475.02 16.2 % Audi Hungaria Motor kft. 2,660.70 3.8 % Lamborghini 207.74 0.3 % ãkoda 4,171.86 5.9 % SEAT 2,680.16 3.8 % Scania 2,745.00 3.9 % Total 70,690.65 100 % **million € Reporting period: 2009 December 31, 2009
  • 45.
    O R GA N I Z AT I O N A L C H A R T S 43 VOLKSWAGEN Headquarters: Wolfsburg, Germany Share of capital held: 100 % Board of Management, Volkswagen Passenger Cars Brand: Prof. Dr. rer. nat. Martin Winterkorn Chairman Dr. rer. pol. Arno Antlitz Controlling and Accounting Dr.-Ing. Ulrich Hackenberg Technical Development Christian Klingler Sales and Marketing Prof. Dr. Ing. Werner Neubauer Component Prof. Dr. rer. pol. Horst Neumann Human Resources and Organization Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement Hubert Waltl Production, Logistics Address: Volkswagen Aktiengesellschaft 38436 Wolfsburg Germany Internet: www.volkswagen.com February 1, 2010
  • 46.
    44 O RG A N I Z AT I O N A L C H A R T S AUDI AG Headquarters: Ingolstadt, Germany Share of capital held: 99.55 % Board of Management, Audi: Rupert Stadler Chairman Ulf Berkenhagen Procurement Michael Dick Technical Development Frank Dreves Production Peter Schwarzenbauer Marketing and Sales Axel Strotbek Finance and Organization Dr. rer. pol. Werner Widuckel Human Resources Address: AUDI AG 85045 Ingolstadt Germany Internet: www.audi.com February 1, 2010
  • 47.
    O R GA N I Z AT I O N A L C H A R T S 45 SEAT, S.A. Headquarters: Martorell, Spain Share of capital held: 100 % Board of Management, SEAT: James Muir President Frank Bekemeier Research and Development Ralf Brandstätter Procurement Jan-Henrik Lafrentz Sales and Marketing Ramón Paredes Human Resources Dieter Seemann Finance and Organization Wolfram Thomas Production Address: SEAT, S.A. Autovía A­2, Km. 585 08760 Martorell Spain Internet: www.seat.com February 1, 2010
  • 48.
    46 O RG A N I Z AT I O N A L C H A R T S ãKODA AUTO a.s. Headquarters: Mladá Boleslav, Czech Republic Share of capital held: 100 % Board of Management, ãkoda: Reinhard Jung Chairman Klaus Dierkes Human Resources Management Reinhard Fleger Sales and Marketing Karlheinz Hell Purchasing Holger Kintscher Commercial Affairs Dr. Ing. Eckhard Scholz Technical Development Address: ãKODA AUTO a.s. Václava Klementa 869 293 60 Mladá Boleslav Czech Republic Internet: www.skoda­auto.com February 1, 2010
  • 49.
    O R GA N I Z AT I O N A L C H A R T S 47 VOLKSWAGEN COMMERCIAL VEHICLES Headquarters: Hanover, Germany Share of capital held: 100 % Board of Management, Volkswagen Commercial Vehicles Brand: Dr.-Ing. Wolfgang Schreiber Chief Executive Officer Development Dirk Große-Loheide Purchasing and Logistics Harald Schomburg Sales and Marketing Klaus-Dieter Schürmann Finance and Integration Technology Jochen Schumm Human Resources Thomas Ulbrich Production Address: Volkswagen Commercial Vehicles PO Box 21 05 80 30405 Hanover Germany Internet: www.vwn.de February 1, 2010
  • 50.
    48 O RG A N I Z AT I O N A L C H A R T S BENTLEY MOTORS LIMITED Headquarters: Crewe, Great Britain Share of capital held: 100 % Board of Management, Bentley: Dr.-Ing. Franz-Josef Paefgen Chairman and Chief Executive Doug Dickson Manufacturing Dr.-Ing. Ulrich Eichhorn Engineering Christine Gaskell Personnel Jürgen Hoffmann Finance and IS Stuart McCullough Sales and Marketing Address: Bentley Motors Limited Pyms Lane Crewe Cheshire, CW1 3PL Great Britain Internet: www.bentleymotors.com February 1, 2010
  • 51.
    O R GA N I Z AT I O N A L C H A R T S 49 BUGATTI Bugatti Automobiles S.A.S.: Headquarters: Molsheim, France Share of capital held: 100 % Dr.-Ing. Franz-Josef Paefgen President Rüdiger Meinicke Hans-Georg Melching Alasdair Stewart Chief Executive Officers Bugatti International S.A. (Headquarters Luxemburg) Dr.-Ing. Franz-Josef Paefgen President Bugatti Engineering GmbH (Headquarters Wolfsburg) Dr.-Ing. Wolfgang Schreiber Hans-Georg Melching Chief Executive Officers Address: Bugatti Automobiles S.A.S. 1, Château St. Jean 67120 Molsheim France Bugatti Engineering GmbH Nordsteimker Str. 7-9 38446 Wolfsburg Germany Internet: www.bugatti.com February 1, 2010
  • 52.
    50 O RG A N I Z AT I O N A L C H A R T S AUTOMOBILI LAMBORGHINI S.p.A. Headquarters: Sant’ Agata Bolognese, Italy Share of capital held: 100 % Board of Directors, Lamborghini: Stephan Winkelmann President of the Board of Directors Automobili Lamborghini S.p.A., Sant’ Agata Bolognese, Italy Ranieri Niccoli Member of the Board of Directors Maurizio Reggiani Member of the Board of Directors Address: Automobili Lamborghini S.p.A. via Modena, 12 40019 Sant’ Agata Bolognese Italy Internet: www.lamborghini.com February 1, 2010
  • 53.
    O R GA N I Z AT I O N A L C H A R T S 51 SCANIA AB Headquarters: Södertälje, Sweden Share of capital held: 49.29 % Executive Board, Scania AB: Leif Östling President and Chief Executive Officer Urban Erdtman Sales and Services Management Per Hallberg Research and Development, Purchasing Martin Lundstedt Franchise and Factory Sales Anders Nielsen Production and Logistics Jan Ytterberg Finance and Controlling Address: Scania AB (publ) SE­151 87 Södertälje Sweden Internet: www.scania.com February 1, 2010
  • 54.
    52 O RG A N I Z AT I O N A L C H A R T S Headquarters: Brunswick, Germany Share of capital held: 100 % Board of Management, Volkswagen Financial Services AG: Frank Witter Chairman of the Board of Management Frank Fiedler Finance Christiane Hesse Human Resources and Organization Dr. rer. pol. Michael Reinhart Risk Management Lars-Henner Santelmann Sales Address: Volkswagen Financial Services AG Gifhorner Straße 57 38112 Braunschweig Germany Internet: www.vwfs.com February 1, 2010
  • 55.
  • 56.
    54 H IS T O R I C A L N O T E S Ferdinand Porsche’s blue­print The brands “Volkswagen turned the dream of automotive Commercial Vehicles” and mobility for the masses into a Scania, that was acquired in “people’s car”. The automobile 2008, with factories in Europe, laid the foundation for a com­ Africa and South America pro­ pany which rapidly acquired vide a differentiated range of international significance after products spanning city vans, the Second World War. trucks and busses to suit the most diverse mobility require­ The motor of the “Wirtschafts­ ments. wunder“ was air­cooled and fitted at the rear of a car whose The financial services pro­ distinctive silhouette made vided by Volkswagen Financial Volkswagen a household name Services AG, a company whose all over the world, just as the roots go back as far as 1949, Transporter launched in 1950 also contribute to the automo­ became a much­loved work­ tive success of the Volkswagen horse and camper. Group. Numerous production facilities Founded on strong brands, the outside Europe were already Volkswagen Group continues being set up in the 1950s to its successful automotive tradi­ bring the automaker closer to tion with fascinating products. the customer. Bolstered by another rise in unit Having evolved into a German sales to just under 6.3 million automotive group with the vehicles, the Volkswagen Group acquisition of “Auto Union remains on course to become GmbH” and “NSU Motoren­ the world’s leading automaker werke AG” in the 1960s, the by 2018 – economically and dynamic market success of the ecologically. Passat, Golf and Polo post­1973 triggered further corporate growth towards a multi­brand group: SEAT and Skoda were added in 1985 and 1991, Bentley, Lamborghini and Bugatti in 1998.
  • 57.
    w w w.vo l k s w a g e n a g . c o m 55 1937 — 1945 May 28, 1937 “Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH” is established in Berlin. Early 1938 Construction of the Volkswagen plant east of Fallersleben be­ gins. September 16, 1938 The company name is changed to “Volkswagenwerk GmbH”. Between 1939 and 1945, the Volkswagen plant is re­ organized for the production of armaments rather than the production of civilian vehicles. The expanding armaments out­ put of the plant after summer 1940 leads the company to meet most of its labour needs by using forced labour from abroad. In late summer 1944, almost two thirds of the 18,000­strong workforce is made up of foreign forced labourers. April 11, 1945 The American troops who enter the town put an end to the pro­ duction of military equipment and liberate the forced labourers.
  • 58.
    56 H IS T O R I C A L N O T E S 1945 1945 — 1949 June 1945 Vehicle Production Responsibility for the company VOLKSWAGENWERK GMBH seized by the Allies is turned over 1,785 to the British Military Govern­ ment for administration in trusteeship. Workforce (yearly average) December 1945 VOLKSWAGENWERK GMBH Series production of the Factory workers 5,459 Volkswagen Type 1 begins with Office workers 574 the assembly of 55 saloons. Total 6,033 October 1947 Export of the first Volkswagen saloons to the Netherlands Financial data begins with five vehicles. (million Reichsmark) January 1, 1948 VOLKSWAGENWERK GMBH Heinrich Nordhoff is appointed Sales 11.7 General Director of the Volks­ wagen works. July 29, 1948 The company’s registered office is transferred from Berlin to Wolfsburg and the change entered into the Commercial Register. June 30, 1949 “Volkswagen­Finanzierungs­ Gesellschaft mbH” is founded to provide loans to domestic customers and dealers, thus encouraging the sale of Volkswagens. October 8, 1949 The British Military Government hands over the Volkswagen works to the trusteeship of the Federal German government. The State of Lower Saxony assumes the administration.
  • 59.
    w w w.vo l k s w a g e n a g . c o m 57 1950 — 1954 1950 March 8, 1950 Vehicle Production Series production of the Volks­ VOLKSWAGENWERK GMBH wagen Transporter begins in Wolfsburg. 90,038 September 11, 1952 The internationalization of Workforce (yearly average) the Volkswagen sales network begins with the founding of VOLKSWAGENWERK GMBH “Volkswagen Canada Ltd.” in Factory workers 13,322 Toronto. Office workers 1,644 Total 14,966 March 23, 1953 Volkswagen sets up its first foreign production company, Financial Data (million DM) “Volkswagen do Brasil Ltda.”, in São Paulo. In 1957 Volkswagen VOLKSWAGENWERK GMBH do Brasil switches from Sales 411 assembling the Transporter to Profit 3.8 local production; the first Beetle produced in Brazil leaves the assembly line in 1959. October 1953 Volkswagenwerk GmbH has 82 sales agencies outside of Germany. Exports account for 44 percent of vehicle production. With 68,754 vehicles exported in 1953, Volkswagen accounts for over 40 percent of all passenger car exports from the Federal Republic of Germany. January 1, 1954 The domestic sales organization encompasses 66 distributors, 239 dealerships and 531 authorized repair shops.
  • 60.
    58 H IS T O R I C A L N O T E S 1955 1955 — 1959 August 5, 1955 Vehicle Production Employees and dealers from VOLKSWAGENWERK GMBH home and abroad celebrate the 329,893 production of the one millionth Volkswagen in Wolfsburg. August 1955 Vehicle Deliveries The Karmann Ghia Coupé goes VOLKSWAGENWERK GMBH into production. Germany 150,397 October 27, 1955 Abroad 177,657 “Volkswagen of America Inc.” is Total 328,054 founded in Newark, New Jersey. March 8, 1956 Workforce (yearly average) After a one­year period of con­ VOLKSWAGENWERK GMBH struction, the new plant in Hanover­Stöcken starts Factory workers 28,606 producing the Transporter. Office workers 2,964 Total 31,570 June 8, 1956 Volkswagenwerk GmbH acquires an interest in the Financial Data (million DM) former import agency “South VOLKSWAGEN GROUP African Motor Assemblers and Sales 1,444 Distributors Ltd. (SAMAD)”. July 1958 Powertrain remanufacturing is moved from Wolfsburg to Altenbauna near Kassel. The workforce at the new Kassel plant, which repairs and rebuilds 430 engines and 130 axles a day, rises to 1,124 in 1959.
  • 61.
    w w w.vo l k s w a g e n a g . c o m 59 1960 — 1964 1960 March 11, 1960 Vehicle Production “Volkswagen France S.A.” is VOLKSWAGEN GROUP founded in Paris. 890,673 August 22, 1960 Based on the “VW Act”, Volks­ wagenwerk GmbH is trans­ Vehicle Deliveries formed into a joint stock com­ pany. Up to March 15, 1961, the VOLKSWAGEN GROUP company issues shares with a Germany 374,478 nominal value of 360 million Abroad 514,029 DM at a share price of 350 DM. Total 888,507 September 1961 Volkswagen launches the VW Workforce (yearly average) 1500 at the International Auto­ mobile Show in Frankfurt. VOLKSWAGEN GROUP Total 75,528 October 2, 1962 The one millionth Volkswagen Transporter rolls off the Financial Data (million DM) assembly line at the Hanover VOLKSWAGEN GROUP plant. Sales 4,607 January 17, 1964 “Volkswagen de Mexico, S.A. de C.V.” is established in Mexico City. December 8, 1964 The Emden plant begins producing the Beetle. Over 500 vehicles roll off the assembly line each day. They are shipped from the company’s own port and exported primarily to North America.
  • 62.
    60 H IS T O R I C A L N O T E S 1965 1965 — 1969 January 1, 1965 Vehicle Production Volkswagenwerk AG acquires VOLKSWAGEN GROUP “Auto­Union GmbH” registered 1,594,861 in Ingolstadt; the independent brand widens the model range of the emerging group. Vehicle Deliveries October 1966 VOLKSWAGEN GROUP “Volkswagen Leasing GmbH” is Germany 632,671 founded. Abroad 963,693 August 1967 Total 1,596,364 Series production of the second generation of the Transporter begins at the Hanover plant. Workforce (yearly average) VOLKSWAGEN GROUP May 1, 1968 Kurt Lotz becomes Chairman of Employees in foreign the Board of Management. Group companies 18,625 Total 125,157 September 19, 1968 A proving ground is opened near Ehra­Lessien; in its final form, Financial Data (million DM) the site features over 100 km of VOLKSWAGEN GROUP test track. Sales 9,268 November 1968 Investments 702 The VW Group enters the upper mid­class segment with the presentation of the Audi 100. August 21, 1969 “Auto Union GmbH” and “NSU Motorenwerke AG” join forces to become “Audi NSU Auto Union AG”. Volkswagenwerke AG initially owns 59.5 percent of the shares. November 1969 The VW Porsche 914 goes into production.
  • 63.
    w w w.vo l k s w a g e n a g . c o m 61 1970 — 1974 1970 July 1970 Vehicle Production The K 70 rolls off the assembly VOLKSWAGEN GROUP line at Volkswagen’s new Salzgitter plant. 2,214,937 October 1, 1971 Rudolf Leiding takes over as Vehicle Deliveries Chairman of the Board of Management. VOLKSWAGEN GROUP Germany 725,055 May 1973 Abroad 1,481,866 The Passat, the first model of the Total 2,206,921 new Volkswagen generation, goes into production. It features front­wheel drive, a water­ Workforce (yearly average) cooled 4­cylinder engine and a unitary construction all­steel VOLKSWAGEN GROUP body. Employees in foreign Group companies 35,421 February 1974 Total 190,306 The sporty VW Scirocco goes into series production. March 29, 1974 Financial Data (million DM) Series production of the Golf VOLKSWAGEN GROUP begins in Wolfsburg. Sales 15,791 July 1, 1974 Investments 1,536 At 11.19 a.m. the last of almost Profit 407 12 million Beetles rolls off the assembly line in Wolfsburg.
  • 64.
    62 H IS T O R I C A L N O T E S 1975 1975 — 1979 February 10, 1975 Vehicle Production Toni Schmücker becomes VOLKSWAGEN GROUP Chairman of the Board of 1,948,939 Management. March 1975 Series production of the Polo Vehicle Deliveries begins in Wolfsburg. The auto­ VOLKSWAGEN GROUP mobile is positioned on the small Germany 625,555 car market as a less expensive Abroad 1,412,302 version of the nearly identical Total 2,037,857 Audi 50. October 27, 1976 The one millionth Golf rolls off Workforce (yearly average) the assembly line. VOLKSWAGEN GROUP January 1977 Employees in foreign The Derby, a notchback version Group companies 59,157 of the Polo, goes into production. Total 176,824 November 1977 Contract with the German Financial Data (million DM) Democratic Republic providing VOLKSWAGEN KONZERN for the delivery of 10,000 Golf. Sales 18,857 January 19, 1978 Investments 941 The last Beetle to be built in Loss -157 Germany leaves the assembly line at the Emden plant. May 1978 “V.A.G. Transportgesellschaft mbH” is founded in Wolfsburg. February 1979 Karmann in Osnabrück begins production of the Golf Convertible.
  • 65.
    w w w.vo l k s w a g e n a g . c o m 63 1980 — 1984 1980 March 1980 Vehicle Production The Audi quattro four­wheel drive creates a stir at the VOLKSWAGEN GROUP Geneva Motor Show. 2,573,871 May 8, 1980 At the Energy Symposium in Wolfsburg, Volkswagen Vehicle Deliveries presents the Formula E. VOLKSWAGEN GROUP December 1980 Germany 787,591 “VW Kraftwerk GmbH” is founded in Wolfsburg. Abroad 1,707,156 Total 2,494,747 August 1981 Production of the Santana begins. Production of the second generation Polo Workforce (yearly average) begins in Wolfsburg. VOLKSWAGEN GROUP January 1, 1982 Employees in foreign Carl H. Hahn becomes Group companies 99,060 Chairman of the Board of Total 257,930 Management. September 30, 1982 A license agreement for the Financial Data (million DM) production of the Volkswagen VOLKSWAGEN GROUP Passat, Santana and Polo models is signed with Sales 33,288 “Sociedad Española de Investments 4,279 Automóviles de Turismo” Profit 321 (SEAT). November 1982 The VW Caddy city van goes into series production. June 1983 Production of the second generation Golf begins. February 3, 1984 The new research centre at the plant in Wolfsburg is inaugurated. December 1984 Volkswagen acquires the majority of shares in the Italian general importer “Autogerma S.p.A.”
  • 66.
    64 H IS T O R I C A L N O T E S 1985 1985 — 1989 January 1, 1985 Vehicle Production “Audi NSU Auto Union AG” VOLKSWAGEN GROUP is renamed “AUDI AG”. The 2,398,196 registered office moves from Neckarsulm to Ingolstadt. April 20, 1985 Vehicle Deliveries “Shanghai­Volkswagen Auto­ VOLKSWAGEN GROUP motive Company Ltd.” is Germany 721,812 established. Volkswagenwerk Abroad 1,676,192 AG has a 50 percent share in the Total 2,398,004 German­Chinese joint venture. July 4, 1985 The name of the company is Workforce (yearly average) changed to “Volkswagen AG”. VOLKSWAGEN GROUP September 1, 1985 Employees in foreign Series production of the Santana Group companies 88,703 begins in China. Total 259,047 June 18, 1986 Volkswagen AG acquires Financial Data (million DM) 51 percent of the capital stock of VOLKSWAGEN GROUP SEAT and increases its share to Sales 52,502 75 percent by the end of the year. Investments 3,388 January 1988 Profit 596 The Corrado sport coupé goes into series production. August 24, 1988 A licence agreement for the production of the Audi 100 in China is signed with “First Automobile Works” in Changchun. Autumn 1989 Market launch of the Audi 100 TDI, the first Group model with a turbo direct­injection diesel engine.
  • 67.
    w w w.vo l k s w a g e n a g . c o m 65 1990 — 1994 1990 February 6, 1991 Vehicle Production “FAW­Volkswagen Automotive Company Ltd.” is established in VOLKSWAGEN GROUP Changchun. 3,057,598 April 16, 1991 Volkswagen AG acquires “SKODA, automobilovà a.s.”, Vehicle Deliveries which is integrated into the VOLKSWAGEN GROUP VW Group as the fourth brand. Germany 945,384 The well­respected traditional Abroad 2,084,795 Czech company marketed its Total 3,030,179 first automobiles in 1905. June 24, 1991 “AutoEuropa Automóveis Lda.” Workforce (yearly average) is established in Setubal, VOLKSWAGEN GROUP Portugal, for the production of Employees in foreign a multi­purpose vehicle (MPV). Group companies 95,934 January 1, 1993 Total 268,744 Ferdinand Piëch becomes Chairman of the Board of Management. Financial Data (million DM) February 18, 1993 VOLKSWAGEN GROUP “AUDI HUNGARIA MOTOR Kft.” Sales 68,061 registered in Györ is established Investments 5,372 to produce engines. Profit 1,086 January 1, 1994 “Volkswagen Finanz GmbH” established three years earlier is renamed “Volkswagen Financial Services AG.” March 1994 Audi presents the Audi A8, its sporty top­class limousine featuring the brilliantly innovative lightweight aluminum construction.
  • 68.
    66 H IS T O R I C A L N O T E S 1995 1995 — 1999 July 4, 1995 Vehicle Production The “Volkswagen Nutzfahr­ VOLKSWAGEN GROUP zeuge” (Commercial Vehicles) 3,408,422 brand is introduced. November 17, 1995 Volkswagen Argentina S.A. Vehicle Deliveries commissions its new production VOLKSWAGEN GROUP plant in Pacheco near Buenos Germany 937,323 Aires. Abroad 2,504,623 August 1997 Total 3,441,946 At the Wolfsburg site the fourth Golf generation goes into production. Workforce (yearly average) VOLKSWAGEN GROUP December 1997 “Volkswagen de México” starts Employees in foreign production of the New Beetle. Group companies 117,147 Total 259,342 July 1998 Acquisition of “Bugatti Inter­ national S.A. Holding” and Financial Data (million DM) “Bentley Motor Cars Ltd.”, VOLKSWAGEN GROUP whose automobile tradition goes back as far as 1919. Sales 88,119 Investments 6,863 September 1998 Profit 336 “Audi AG” acquires the Italian sports car manufacturer “Lamborghini S.p.A.” July 1999 Volkswagen makes automobile history with the start of the Lupo 3L TDI, the world’s first standard production 3­liter vehicle. December 23, 1999 The assembly company “SKODA Auto India Private Ltd.” is established in Aurangabad.
  • 69.
    w w w.vo l k s w a g e n a g . c o m 67 2000 — 2004 2000 June 1, 2000 Vehicle Production The “Autostadt” opens in VOLKSWAGEN GROUP Wolfsburg. (thousands) 5,156 December 11, 2001 The “Gläserne Manufaktur” is opened in Dresden and production of the Phaeton Vehicle Deliveries begins. VOLKSWAGEN GROUP Germany (thousands) 1,019 April 16, 2002 Abroad (thousands) 4,146 Bernd Pischetsrieder becomes Chairman of the Board of Total (thousands) 5,165 Management of Volkswagen AG. August 2002 Workforce (yearly average) Series production of the Touareg VOLKSWAGEN GROUP begins at Volkswagen Slovakia, Employees in foreign Group a.s. in Bratislava. companies (thousands) 160.3 December 2002 Total (thousands) 324.4 Production of the Touran starts in Wolfsburg. After only six years, the versatile compact Financial Data (million €) van boasting high­quality VOLKSWAGEN GROUP workmanship already tops Sales 81,835 the one million mark. Investments 14,563 August 2003 Profit 2,614 Production of the fifth generation Golf begins.
  • 70.
    68 H IS T O R I C A L N O T E S 2005 2005 March 11, 2005 Vehicle Production The sixth generation Passat VOLKSWAGEN GROUP limousine is launched, the (thousands) 5,219 successful Passat Estate model follows on August 19. May 24, 2005 Vehicle Deliveries The one hundred millionth VOLKSWAGEN GROUP Volkswagen, a Touran, leaves Germany (thousands) 1,019 the assembly line at the Wolfs­ Abroad (thousands) 4,174 burg plant. Total (thousands) 5,193 September 15, 2005 The Bugatti Veyron takes to the road. The technical wonder from Workforce (yearly average) the 1001­hp world in Molsheim, VOLKSWAGEN GROUP Alsace, transforms the masterly Employees in foreign Group engineering craftsmanship companies (thousands) 166 of the automotive visionary Total (thousands) 345 Ettore Bugatti into contempora­ ry automotive performance. September 21, 2005 Financial Data (million €) Production of Volkswagen VOLKSWAGEN GROUP Commercial Vehicles’ new Sales 93,996 “Constellation” truck family Investments 10,365 begins in Resende, Brazil. The Profit 1,050 seven­ to forty­tonne trucks hold a 33 percent share of the market in Brazil.
  • 71.
    w w w.vo l k s w a g e n a g . c o m 69 2006 2006 March 3, 2006 Series production of the Vehicle Production Roomster, much acclaimed for VOLKSWAGEN GROUP its clever space concept, starts at (thousands) 5,660 the Skoda plant in Kvasiny. March 10, 2006 Market launch of the Audi Q7, Vehicle Deliveries the third­generation luxury SUV; VOLKSWAGEN GROUP 52,750 vehicles had already Germany (thousands) 1,093 been sold by the end of the year. Abroad (thousands) 4,627 May 19, 2006 Total (thousands) 5,720 The Volkswagen Eos, the new convertible­coupé, is launched on the German market. Workforce (yearly average) VOLKSWAGEN GROUP October 3, 2006 Volkswagen acquires an initial Employees in foreign Group companies (thousands) 155 15.06 percent stake in MAN Aktiengesellschaft. Total (thousands) 329 November 1, 2006 The collective bargaining agree­ Financial Data (million €) ment between Volkswagen AG VOLKSWAGEN GROUP and IG Metall providing for a Sales 104,875 working time corridor with a ceiling of 34 hours comes into Investments 11,911 force. At the same time, produc­ Profit 1,955 tion volumes are agreed for the six traditional plants in order to improve capacity utilization and safeguard jobs. December 1, 2006 Volkswagen Financial Services takes over the processing of motor vehicle third­party liability claims with a view to improving repair quality by inte­ grating the Group’s authorized workshops and safeguarding customer­friendly claims processing.
  • 72.
    70 H IS T O R I C A L N O T E S 2007 2007 January 1, 2007 Vehicle Production Dr. Martin Winterkorn becomes VOLKSWAGEN GROUP Chairman of the Board of (thousands) 6,213 Management of Volkswagen Aktiengesellschaft. March 23, 2007 Vehicle Deliveries The 25 millionth Golf, a Golf VOLKSWAGEN GROUP Sportline 1.4 TSI, leaves the Germany (thousands) 1,030 assembly line at the Wolfsburg Abroad (thousands) 5,162 plant. Total (thousands) 6,192 July 9, 2007 The Autostadt in Wolfsburg de­ livers its one millionth vehicle. Workforce (yearly average) VOLKSWAGEN GROUP August 2007 Series production of the Tiguan Employees in foreign Group compact SUV – characterized companies (thousands) 154 by versatility, high­quality Total (thousands) 329 craftsmanship and technical innovations such as the electro­ mechanical steering system – Financial Data (million €) begins in Wolfsburg. VOLKSWAGEN GROUP Sales 108,897 October 5 - 7, 2007 International VW Bus Meeting Investments 13,497 in Hanover to celebrate Profit 4,122 “60 Years of the Bulli”. November 9, 2007 The 15 millionth Passat to be built worldwide leaves the assembly line at the Emden plant. December 5, 2007 Volkswagen unveils the “New Small Family”, presenting three versions of the up! concept car at the Bologna Motor Show.
  • 73.
    w w w.vo l k s w a g e n a g . c o m 71 2008 2008 March 3, 2008 Volkswagen increases its capital Vehicle Production interest in Scania to 37.73 VOLKSWAGEN GROUP percent and its share of the (thousands) 6,347 voting rights to 68.60 percent. The Swedish truck manufacturer founded in 1891 is integrated in Vehicle Deliveries the Group as the ninth brand. VOLKSWAGEN GROUP April 18, 2008 Germany (thousands) 1,013 Shanghai Volkswagen opens its Abroad (thousands) 5,259 fourth production plant with Total (thousands) 6,272 an annual capacity of 60,000 vehicles in Nanjing. August 16, 2008 Workforce (yearly average) Bugatti presents the Veyron VOLKSWAGEN GROUP 16.4 Grand Sport, a super sports Employees in foreign Group roadster. companies (thousands) 179 September 2008 Total (thousands) 370 Volkswagen presents the sixth generation of the Golf. Financial Data (million €) October 30, 2008 VOLKSWAGEN GROUP By setting up a subsidiary Sales 113,808 in China, Lamborghini strengthens its commitment Investments 19,710 to developing strategic growth Profit 4,688 markets. December 15, 2008 Volkswagen sells its heavy truck business in Brazil to MAN Aktiengesellschaft. December 16, 2008 Škoda opens a new Technology Center in Mladá Boleslav, thus expanding its competence in passenger car development.
  • 74.
    72 H IS T O R I C A L N O T E S 2009 2009 January 18, 2009 Vehicle Production Volkswagen writes motorsport VOLKSWAGEN GROUP history with the Race Touareg: (thousands) 6,055 a double victory for the brand and the first win by a diesel in the automobile category at the Vehicle Deliveries Dakar Rally across Argentina VOLKSWAGEN GROUP and Chile. Germany (thousands) 1,288 March 31, 2009 Abroad (thousands) 5,022 The new plant with an annual Total (thousands) 6,310 production capacity of up to 110,000 vehicles opens in the Indian city of Pune. Workforce (yearly average) VOLKSWAGEN GROUP May 11, 2009 Press presentation of the new Employees in foreign Group Polo: the new model is in a class companies (thousands) 194 of its own when it comes to Total (thousands) 367 quality, workmanship, safety and efficiency. So it is hardly surprising that the vehicle wins Financial Data (million €) many awards, including “Car of VOLKSWAGEN GROUP the Year 2010”. Sales 105,187 Investments 10,428 May 23, 2009 Profit 911 VfL Wolfsburg soccer club becomes German champion for the very first time: the success of this particular brand ambassa­ dor delights fans both far and near. September 15, 2009 Ultra­streamlined, ultra­light and ultra­safe: Volkswagen presents its automotive update on the future with the near­ production prototype of the sensational 1­liter car, the L1, at the Frankfurt Motor Show.
  • 75.
    w w w.vo l k s w a g e n a g . c o m 73 October 20, 2009 At an inauguration ceremony attended by Russia’s Prime Minister Putin, the production plant in Kaluga, Russia, designed for an annual capacity of up to 150,000 units which began vehicle assembly in November 2007 starts full production with its own body shop, paint shop and assembly lines. October 29, 2009 The Group Board of Manage­ ment, the International Metal­ workers’ Federation and Volkswagen employee represen­ tatives agree binding minimum standards regarding in­house participation rights for demo­ cratically elected labour repre­ sentatives in the “Charter on Labour Relations”. December 7, 2009 Volkswagen Aktiengesellschaft takes a 49.9 percent participation in Dr.­Ing. h.c. F. Porsche AG, a milestone on the path towards an integrated automotive group. December 9, 2009 A cross­shareholding and a long­term strategic partnership are agreed with Suzuki Motor Corporation, the Japanese mini­car manufacturer.
  • 76.
    74 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P V O L K S W A G E N ( www.volkswagen.com) Fox SpaceFox (South America) Crossfox (South America) Polo Polo BlueMotion Polo A04 (South America) Polo Jinqing (China) CrossPolo (China) December 31, 2009
  • 77.
    75 V O L K S W A G E N ( www.volkswagen.com) Polo Sedan (South America) Gol (South America) Novo Gol (South America) Voyage (South America) Golf Golf GTD Golf GTI Golf Plus December 31, 2009
  • 78.
    76 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P V O L K S W A G E N ( www.volkswagen.com) Golf BlueMotion Golf BiFuel LPG Golf Plus BiFuel LPG Golf Estate Golf Estate BlueMotion Golf GT (South America) Citi Golf (South Africa) Parati (South America) December 31, 2009
  • 79.
    77 V O L K S W A G E N ( www.volkswagen.com) New Beetle New Beetle Cabriolet Jetta Jetta BlueMotion Jetta GLI (North America) Sagitar (China) Bora (South America) Jetta A2 (China) December 31, 2009
  • 80.
    78 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P V O L K S W A G E N ( www.volkswagen.com) Eos Scirocco Passat Passat R36 Passat BlueMotion Passat Blue TDI Passat EcoFuel Passat CC December 31, 2009
  • 81.
    79 V O L K S W A G E N ( www.volkswagen.com) Passat Estate Passat Estate BlueMotion Passat New Lingyu (China) Lavida (China) Santana B2 (China) Santana 3000 Vista (China) Touran CrossTouran December 31, 2009
  • 82.
    80 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P V O L K S W A G E N ( www.volkswagen.com) Touran BlueMotion Touran EcoFuel Sharan Sharan BlueMotion Sharan BiFuel LPG Routan (North America) Phaeton Phaeton LWB December 31, 2009
  • 83.
    81 V O L K S W A G E N ( www.volkswagen.com) Tiguan Tiguan BlueMotion Tiguan LWB (China) Touareg Touareg R50 December 31, 2009
  • 84.
    82 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P A U D I ( www.audi.com) A3 A3 Sportback A3 Cabriolet S3 S3 Sportback A4 A4 Avant A4 allroad quattro December 31, 2009
  • 85.
    83 A U D I ( www.audi.com) A4L (China) S4 S4 Avant A5 Coupé A5 Sportback A5 Cabriolet S5 Coupé S5 Cabriolet December 31, 2009
  • 86.
    84 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P A U D I ( www.audi.com) A6 A6 Avant A6 allroad quattro A6L (China) S6 S6 Avant RS6 RS6 Avant December 31, 2009
  • 87.
    85 A U D I ( www.audi.com) A8 A8L A8 W12 S8 Q5 Q7 Q7 V12 TDI TT Coupé December 31, 2009
  • 88.
    86 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P A U D I ( www.audi.com) TT Roadster TTS Coupé TTS Roadster TT RS Coupé TT RS Roadster R8 R8 Spyder December 31, 2009
  • 89.
    87 S E AT ( www.seat.com) Ibiza Ibiza FR Ibiza ECOMOTIVE Ibiza SC Ibiza Cupra Ibiza Cupra Bocanegra León León Cupra December 31, 2009
  • 90.
    88 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P S E AT ( www.seat.com) León Cupra R León FR León ECOMOTIVE Altea Altea ECOMOTIVE Altea XL Altea XL ECOMOTIVE Altea Freetrack December 31, 2009
  • 91.
    89 SE AT ( www.seat.com) Exeo Exeo ST Alhambra Alhambra ECOMOTIVE December 31, 2009
  • 92.
    90 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P ã K O D A ( www.skoda­auto.com) Fabia Fabia Combi Fabia Scout Fabia GreenLine Fabia Combi GreenLine Octavia Octavia Combi Octavia Scout December 31, 2009
  • 93.
    91 ã K O D A ( www.skoda­auto.com) Octavia GreenLine Octavia Combi GreenLine Octavia LPG Octavia Combi LPG Octavia Tour Octavia Tour Combi Octavia RS Octavia Combi RS December 31, 2009
  • 94.
    92 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P ã K O D A ( www.skoda­auto.com) Superb Superb GreenLine Roomster Roomster Scout Roomster Praktik Yeti December 31, 2009
  • 95.
    93 V O L K S W A G E N C O M M E R C I A L V E H I C L E S ( www.vwn.de) Caddy Panel Van Caddy Kombi Caddy BlueMotion Caddy 4Motion Caddy EcoFuel Caddy Life Caddy Life Tramper Caddy Maxi Panel Van December 31, 2009
  • 96.
    94 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P V O L K S W A G E N C O M M E R C I A L V E H I C L E S ( www.vwn.de) Caddy Maxi Kombi Caddy Maxi Life Caddy Maxi Life Tramper Caddy Maxi 4Motion Caddy Maxi EcoFuel Saveiro (South America) Nova Saveiro (South America) California December 31, 2009
  • 97.
    95 V O L K S W A G E N C O M M E R C I A L V E H I C L E S ( www.vwn.de) Multivan Caravelle Transporter Panel Van Transporter Shuttle Transporter Dropside Transporter Double Cab T2 Kombi (South America) Crafter Panel Van December 31, 2009
  • 98.
    96 TH ECU R R E NT RA NGE OF TH E VOL KSWAG EN G ROU P V O L K S W A G E N C O M M E R C I A L V E H I C L E S ( www.vwn.de) Crafter Kombi Crafter AdBlue Crafter Dropside Crafter Double Cab Dropside Crafter Chassis Crafter Chassis Double Cab December 31, 2009
  • 99.
    97 B E N T L E Y ( www.bentleymotors.com) Bentley Continental Flying Spur Bentley Continental Flying Spur Speed Bentley Continental GT Bentley Continental GT Speed Bentley Continental GTC Bentley Continental GTC Speed Bentley Continental SuperSports Bentley Arnage Final Series December 31, 2009
  • 100.
    98 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P B E N T L E Y ( www.bentleymotors.com) Bentley Azure T Bentley Brooklands B U G AT T I ( www.bugatti.com) Bugatti Veyron 16.4 Bugatti Veyron 16.4 Grand Sport December 31, 2009
  • 101.
    99 L A M B O R G H I N I ( www.lamborghini.com) Gallardo LP 560-4 Coupé Gallardo LP 560-4 Spyder Gallardo LP 550-2 Murciélago LP 640 Coupé Valentino Balboni Murciélago LP 640 Roadster Murciélago LP 670-4 SuperVeloce Reventón Roadster December 31, 2009
  • 102.
    100 TH EMO DE L RA NGE OF TH E VOL KSWAG EN G ROU P S C A N I A (www.scania.com) Long-haulage trucks Construction trucks Distribution trucks Special-purpose trucks Coaches Intercity buses City buses December 31, 2009
  • 104.