What you'll find in this chapter:
Brands and Business Fields
Our brands achieved a new vehicle sales record in 2016 amid fierce competition in a market environment that remained challenging. Special items – particularly from the diesel issue – again affected the operating profit.
Volkswagen Passenger Cars
The investigation of the diesel issue continued in fiscal year 2016. Further special items had an impact on the operating profit. The Volkswagen Passenger Cars brand launched the new generation of the Tiguan. The I.D. concept vehicle heralds a new era of e-mobility.
Deliveries by the Audi brand stood at 1.9 million vehicles in 2016, surpassing the previous year’s record. The brand presented exciting new models: the Audi Q2, Audi A5 Coupé and Audi Q5. A new production plant opened in San José Chiapa, Mexico.
The Czech brand has been part of the Volkswagen Group for 25 years, contributing with its clever vehicle designs to the Group’s success. ŠKODA presented a new series in the reporting period: the new Kodiaq SUV.
The Spanish brand SEAT launched its new Ateca series in the reporting period. As the first SUV in the company’s history, it made a major contribution to SEAT’s record results in 2016.
In 2016, the Bentley brand presented the next generation of the Mulsanne series, including the Mulsanne Speed and Mulsanne Extended Wheelbase. The new Bentayga luxury SUV was in high demand and made a major contribution to record sales.
The Porsche brand presented the second generation of the Panamera in 2016. Its hybrid version, the Panamera 4 E-Hybrid, combines performance with sustainable mobility. New unit sales, sales revenue and profit records were achieved.
Volkswagen Commercial Vehicles
Volkswagen Commercial Vehicles celebrated 60 years of its headquarters in Hanover in the reporting year. It opened a new manufacturing site especially for the new Crafter in Wrzesnia, Poland.
Volkswagen Truck & Bus
Volkswagen Truck & Bus combines the activities of MAN Truck & Bus, MAN Latin America and Scania. The strategic objective is clear: Volkswagen Truck & Bus is aiming to become a global champion.
Scania celebrated its 125th anniversary in 2016. The Swedish brand has set new benchmarks for efficiency and customer focus with its new generation of trucks. Deliveries increased year-on-year.
MAN presented its new commercial vehicles and engines during the reporting year, including its first ever van, the MAN TGE. MAN’s new future program, launched in 2015, is making a substantial contribution to the brand’s success.
Volkswagen Group in China
Volkswagen presented two exciting new models for the Chinese market in 2016: the Phideon and the Teramont. A new partnership is set to develop innovative battery-powered electric vehicles in the future.
Volkswagen Financial Services
Volkswagen Financial Services were in global demand in 2016 and once again made a significant contribution to the Volkswagen Group’s earnings. Success was boosted by an attractive product portfolio and international presence.