VW Increases Operating Profit by 15% image

Despite the financial crisis, Volkswagen Group increased its deliveries, sales revenue and profit in the first nine months of the current fiscal year by 15%.

Operating profit improved significantly by 15% to €4.9 billion. At €3.7 billion, Europe’s largest automobile manufacturer exceeded its prior-year profit after tax by 28.5%.

Volkswagen has performed well so far in a difficult environment. With its young and environmentally friendly model range, flexible production, solid finances and an outstanding team, the Group’s foundations are sound“, said Prof. Dr. Martin Winterkorn, Chairman of Volkswagen Aktiengesellschaft’s Board of Management on Thursday at the presentation of the Company’s financial results for the first nine months.

Sales revenue climbed by 5.5% to €85.4 billion in the period from January to September. The Volkswagen Group increased deliveries to 4.8 million vehicles, beating the previous year’s figure by 3.9%. Its share of the passenger car market worldwide rose to 10.1% (9.6%).

The complete interim report is published on our website at:

Source: VW