Annualreport2021.volkswagenag.com

Results of Operations

The Financial Services Division’s sales revenue amounted to €44.0 billion in fiscal year 2021, 7.8 % more than in the prior-year period. Cost of sales … See more

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URL: https://annualreport2021.volkswagenag.com/group-management-report/results-of-operations-financial-position-and-net-assets/results-of-operations.html

Environmental and social risks

WebThe fuel consumption regulations in China, which set an average fleet target of 5.0 liters/100 km (NEDC) for the period 2016 to 2020, were continued into the period 2021 to 2025 …

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Group Management Report

WebRisks and opportunities from the macroeconomy, the sector, markets and sales Risks and opportunities Research and development risks For this risk category, the likelihood of …

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Operational risks and opportunities

WebRisks from particular events in the Volkswagen Group’s purchasing and production network. Particular events beyond our control such as natural disasters, pandemics – currently the …

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Environmental strategy

WebBy 2030, the DKI is to be reduced by 30 % compared with the base year 2018 (NEDC), and emissions offsetting will not be included in the figure. In the reporting year, the DKI value …

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Group Management Report

WebThe methodology for aggregating risks and assessing the Volkswagen Group’s risk-bearing capacity was developed further in 2021. The aggregated risk situation and risk-bearing …

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Goals and Strategies

WebGoals and Strategies B. Remuneration of the Members of the Supervisory Board The 12 Group Initiatives of the NEW AUTO Strategy With the new Group strategy “NEW AUTO” …

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Preventive healthcare

WebPreventive healthcare and occupational safety are key elements of human resources policy in the Volkswagen Group. In fiscal year 2019, we underpinned this by drawing up a …

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Trends in the markets

WebTrends in the markets Business Development New group models in 2021 TRENDS IN THE MARKETS FOR PASSENGER CARS AND LIGHT COMMERCIAL VEHICLES. In fiscal …

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Development of the global economy

WebDevelopment of the global economy Report on Expected Developments Trends in the markets for passenger cars and light commercial vehicles Our planning is based on the …

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Board of Management Remuneration

WebThe Annual General Meeting approved the remuneration system on July 22, 2021 with 99.61 % of the votes cast. The new remuneration system has applied since January 1, 2021 to …

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Risks and opportunities

WebAll risks reported to the Group Risk Management department with a risk score of 20 or more for the units included from the QRP are incorporated in the assessment of the …

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Integrity and compliance

WebHolistic integrity and compliance management system. Integrity and compliance are major priorities in the Volkswagen Group. We firmly believe that, for long-term commercial …

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Sustainable mobility

WebThe Group brands presented new concept vehicles in 2021 that showcase their vision of sustainable future mobility. These vehicles aim to enable new forms of mobility in both …

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Volkswagen Group China

WebThe Volkswagen Group maintained its market leadership in China with a market share of 16%. The fully electric vehicle (BEV) segment was the fastest growing segment in China …

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