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Volkswagen News.
| 30/07/2009 I Worldwide Volkswagen Group generates Euro1.2 billion operating profit in H1 2009
- Global market share increases to 12 percent
- Automotive Division reports significantly higher net cash flow
- Net liquidity in the Automotive Division exceeds €12 billion
Wolfsburg, July 30, 2009 – In the first half of 2009, the Volkswagen Group extended its global competitive position and strengthened its financial base. In the first six months of the year, Europe’s largest automobile manufacturer delivered 3.1 million (H1 2008: 3.3 million) vehicles worldwide. Although the overall market contracted by around 18 percent, Group deliveries decreased by only 4.4 percent. Consequently, its share of the global passenger car market rose to 12.0 percent (9.9 percent). Sales revenue declined by 9.4 percent to €51.2 billion (€56.5 billion) in the first six months due to volume-related factors. Operating profit amounted to €1.2 billion (€3.4 billion), of which €928 million is attributable to the seasonally strong second quarter. The Group generated profit after tax of €494 million (€2.6 billion).
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| 24/07/2009 I Worldwide Supervisory Board lays foundation for integrated automotive group
Wolfsburg, July 24, 2009 – At its extraordinary meeting today, the Supervisory Board of Volkswagen Aktiengesellschaft endorsed the creation of an integrated automotive group with Porsche under the leadership of Volkswagen. The Volkswagen Board of Management will now begin talks with the newly-nominated representatives of Porsche to jointly draw up a final concept to achieve this goal. At the same time, a comprehensive auditing and assessment process will be initiated as the prerequisite for signing an agreement on the principles relating to the combination of the two companies.
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| 24/07/2009 I Worldwide Volkswagen Group increases global market share in first half year
Group sales and marketing Chief Wittig: “Running to plan, but major effort needed in the second half”
Wolfsburg, July 24, 2009 – The Volkswagen Group extended its global market share in the first six months of 2009. In a difficult economic environment, Europe’s largest automaker increased its share of the world passenger car market from January to June to 12.0 (1st half year 2008: 9.9) percent.
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| 09/07/2009 I India Volkswagen opens its first Group Logistics Service Facility in India
Mumbai, July 9, 2009 – With a view to expand its commitment to the Indian market Volkswagen Group today has launched its first Logistics Service Facility which is provided by SkodaAuto India Private Limited at its Aurangabad plant. On the basis of a facility for Skoda spare parts the expansion to a Volkswagen Group facility for the brands Audi, Skoda and Volkswagen has been conceptualized and set up in a record period of 4 months. The total investment of this expansion is of over Rs. 13.6 Crores (2 Million Euros). |
| 11/06/2009 I India Volkswagen appoints its second dealership in Bangalore
Aims at widening its customer base in the city
Bangalore, June 11 2009 – Volkswagen India today announced the appointment of Volkswagen Palace Cross as its authorized dealer in Bangalore.
The announcement came at a time when the company is witnessing an upsurge in demand from across the country and its plant at Chakan, Pune is ready for manufacturing ahead of its schedule.
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| 19/05/2009 I Worldwide Volkswagen Group develops noticeably better also in April than overall market
Volkswagen brand deliveries increase by 1.3 percent
Wolfsburg, May 19, 2009 – The Volkswagen Group has again developed noticeably better than the global automotive market. In an overall market down by approximately 20 percent, the Group delivered 541,600 vehicles (April 2008: 568,100; -4.7 percent). “With our Group’s attractive model range we have largely been able to buck the trend and are on target with these figures,” Detlef Wittig, Executive Vice President, Group Sales and Marketing, commented in Wolfsburg on Monday. With conditions remaining difficult, the Volkswagen brand even sold more vehicles in April. Compared with the same month in 2008, the core brand delivered 339,500 passenger cars (335,100), a rise of 1.3 percent.
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| 11/05/2009 I Worldwide Volkswagen agrees vehicle assembly in Indonesia
Global growth strategy extended to ASEAN region
Wolfsburg / Jakarta, May 11, 2009 – Volkswagen AG is expanding its commitment in Southeast Asia as part of its 2018 growth strategy. In cooperation with the Indonesian partner company “Indomobil”, local vehicle assembly operations are to be set up as a first step towards the longterm development of ASEAN markets. An agreement on assembling Volkswagen models in the capital city of Jakarta has already been signed.
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| 23/04/2009 I Worldwide Martin Winterkorn named “Man of the Year 2008” in Paris
Paris/Wolfsburg – April 23, 2009. Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen AG, was named “Man of the Year 2008” by a jury of 38 representatives from France’s most eminent media in Paris on April 16.
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| 31/03/2009 I India Volkswagen opens new plant in Pune / India
Largest investment by German company to date in Indian growth market – maximum annual production capacity of 110,000 vehicles
Wolfsburg / Pune – March 31, 2009. The Governor of Maharashtra State in Western India, Shri. S. C. Jamir, and Prof. Dr. Jochem Heizmann, Member of the Board of Management of Volkswagen Aktiengesellschaft with responsibility for ‘Group Production’, officially opened the new Volkswagen Group’s plant in India on Tuesday in the presence of some 500 international guests. For Volkswagen, the new production facility in Pune is a major stepping stone towards achieving its ambitious growth targets on the Indian subcontinent.
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| 03/03/2009 I Worldwide Volkswagen Group increases sales revenue and operating profit in 2008
Wolfsburg, March 3, 2009 – Volkswagen Aktiengesellschaft today issued an adhoc announcement on its key financial data for the 2008 fiscal year. With a 4.5 percent increase in sales revenue to EUR 113.8 billion, the Group’s operating profit rose by 3.0 percent to EUR 6.3 billion. “We met our target and surpassed our record results for 2007 even though conditions were tougher,” the Chairman of the Board of Management of Volkswagen Aktiengesellschaft, Prof. Dr. Martin Winterkorn, said in Wolfsburg on Monday.
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| 25/02/2009 I India Castrol India and Volkswagen India in Strategic Partnership
Mumbai, February 25th, 2009 – Castrol India Ltd. and Volkswagen Group Sales India Pvt. Ltd. have entered into a strategic partnership for supply of high performance lubricants. Under the agreement, as Volkswagen’s co-engineering partners, all Volkswagen cars sold in India will be pre-filled with Castrol lubricants. Castrol will also supply best in class engine oils, Castrol Magnatec Professional and Castrol SLX Professional Powerflo LongLife III, for exclusive service fill to all Volkswagen dealers in India.
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| 23/02/2009 I India Volkswagen Group Wins Accolades at NDTV Car & Bike Award
Mumbai, 23rd February 2009 - The Volkswagen Group, once again, walked away with some of the most prestigious awards at the leading Indian automotive show, NDTV Car & Bike Awards 2009, at a glittering award function held in Mumbai on Friday evening.
The Audi A4 received the honour for the Premium Car of the Year, the Skoda Fabia won the Active Small Car of the Year and the Volkswagen Jetta bagged the Executive Car of the Year.
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| 16/01/2009 Ceremony inaugurated by Mr. Uwe Bodendiek, Director Sales and Dealer Networks, Volkswagen India and Sujoy Ghosh, Director The Times of India and The Economic Times
Mumbai, January 16th, 2009 – The Mumbai International Motor Show (MIMS) taking place between 15th to 18th January 2009 was officially inaugurated yesterday evening. The inauguration ceremony was presided over by Mr. Uwe Bodendiek, Director Sales and Dealer Networks, Volkswagen India alongwith Sujay Ghosh, Director The Times of India and The Economic Times who took part in the Ribbon Cutting ceremony.
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| 16/07/2008 I India Volkswagen Unveils the Globally Successful Jetta in India
Mumbai (India), July 16, 2008. Volkswagen India today announced the launch of one of the brand’s globally successful model, Jetta in India at a spectacular ceremony. The Jetta sedan which is being assembled locally at the Volkswagen Group’s Aurangabad plant will be available in India in three variants and two engines – Jetta 1.6L Petrol engine with a 5-speed manual gearbox and the exceptionally torque-strong 1.9L TDI with a strong turbo-diesel engine and the option of 5-speed manual transmission or 6-speed SG automatic transmission. The prices ex-showroom Delhi of the Jetta 1.6L Petrol Trendline is Rs 12.97 lakh and the 1.9L Diesel Trendline is Rs 14.22 lakh. The top of the line 1.9L Diesel Comfortline with DSG Automatic transmission is priced at Rs. 16.67 lakh. It will be available in several eye-catching colors like campanella white, red spice, reflex silver, platinum grey and deep black in India.
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| 14/07/2008 I India Volkswagen Group registers impressive sales figures in India
Mumbai (India), July 14, 2008 – The Volkswagen Group, Europe’s leading automobile manufacturer registered an impressive 69 percent growth in sales in India between January to June 2008, a marked increase over projected figures. The three group brands- Audi, Skoda and Volkswagen together delivered 10,366 cars to customers in India in the last six months as against 6,131 cars sold last year in the corresponding period. In view of the robust sales, the Volkswagen Group has forecasted an annual sales figure of 20,000 cars for the period January to December 2008.
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| 30/06/2008 I Worldwide Christian Klingler appointed to the Board of Management of the Volkswagen Passenger Cars brand
Wolfsburg, 30th June 2008 – Christian Klingler (39) will be appointed Member of the Board of Management of the Volkswagen Passenger Cars brand as of 1st August. He will be responsible for Sales, Marketing und After Sales.
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| 05/09/2007 I India Volkswagen launches Passat in India
The Passat was unveiled in September in an extraordinary event themed “Indian spirit meets German excellence”- a coming together of two cultures: Volkswagen and India. More than 400 invited guests were stunned by a breath-taking performance of Indian and German artists. Musicians and dancers of both countries were engaged in an astonishing show full of creativity, symbols and icons of both countries.
View various pictures of the launch ceremony by clicking on the links below:
• An auspicious beginning to the landmark event: lighting the lamp. View Picture
• Kamal Sidhu presents a statue of Lord Ganesha to Mr Andreas Prinz. View Picture
• Mr Vilasrao Deshmukh, Chief Minister of Maharashtra inaugurates the Passat: Breaking of the coconut. View Picture
• Mr. Kevin Rose, Executive Director of Volkswagen Sales International; Mr. Joerg Mueller, President of the Volkswagen Group (India) and Mr. Andreas Prinz, Managing Director, Volkswagen passenger cars, Volkswagen Group Sales India. View Picture
• An emotional meeting of two cultures: An Indian and a German dancer in an artistic dialogue. View Picture |
| 18/06/2007 I Worldwide Volkswagen issued with a certificate by FMTA
The Member of the Board of Management of the Volkswagen Brand with responsibility for Development, Dr. Ulrich Hackenberg, was today presented with two certificates by Ekhard Zinke, President of the Federal Motor Transport Authority (KBA). These are the first such certificates to be issued by KBA and confirm that the Volkswagen Group is the first automaker worldwide to produce series vehicles which are recyclable to a minimum of 85 percent and reusable to a minimum of 95 percent by mass. |
| 07/06/2007 I India Volkswagen holds 1st Suppliers Conference in India
Volkswagen hosted its 1st Suppliers Conference in Mumbai, India. About 250 suppliers from India and abroad followed the invitation to a one-day meeting with members of the Volkswagen Group. Click on the link below to view the Press Release PDF. |
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