ANDFIGURES NAVIGATOR2008...3,644 3.8 1,478 1.5 5,631 7,133 % + 8.2 + 9.8 + 1.4 % + 3.8 + 40.3 x x x...

45
NAVIGATOR 2008 FACTS ANDFIGURES

Transcript of ANDFIGURES NAVIGATOR2008...3,644 3.8 1,478 1.5 5,631 7,133 % + 8.2 + 9.8 + 1.4 % + 3.8 + 40.3 x x x...

  • NAVIGATOR2008 FACTSANDFIGURES

  • TA B L E O F C O N T E N T S

    Table of Contents 3The Volkswagen Group 4Board of Management of Volkswagen AG 6Supervisory Board 7Key Figures of the Volkswagen Group 8Five-Year Review 10Volkswagen Share Key Figures 12Share Price Development from Dec. 2002 to Dec. 2007 14Significant Group Companies 16Production Network 18 Germany 18 Europe 20 North/SouthAmericaandSouthAfrica 24 Asia/Pacific 25Deliveries to Customers 26Competitive Situation 33 MarketSharesofNewPassengerCar 33 RegistrationsbyCountry NewPassengerCarRegistrationsbyMarket 34Developments in Workforce 36Employees in Technical Development 40General Procurement Information 42 ProcurementVolumesbyBrandandCompany 42Organisational Charts 43 VolkswagenPassengerCars 43 Audi 44 Bentley 45 Bugatti 46 Lamborghini 47 SEAT 48 ãkoda 49 VolkswagenCommercialVehicles 50 VolkswagenFinancialServicesAG 51Historical Notes 52The Current Model Range of the Volkswagen Group 72 VolkswagenPassengerCars 72 Audi 77 Bentley 80 Bugatti 81 Lamborghini 81 SEAT 82 ãkoda 83 VolkswagenCommercialVehicles 85

  • T H E V O L K S WA G E N G R O U P w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m� �

    December 31, 2007

    The Volkswagen Group with its headquarters in Wolfsburg is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. In 2007, the Group increased the number of vehicles delivered to customers to 6.189 million (2006: 5.734 million), corresponding to a 9.8 percent share of the world passenger car market.

    In Western Europe, the largest car market in the world, almost one in every five new cars (19.5 percent) comes from the Volkswagen Group. Group sales rose in 2007 to 108.9 billion euros (2006: 104.9 billion). Profit after tax in the 2007 financial year amounted to 4.12 billion euros (2006: 2.75 billion)

    The Group is made up of eight brands from six European countries: Volkswagen, Audi, Bentley, Bugatti, Lamborghini, SEAT, Skoda and Volkswagen Commercial Vehicles.

    Each brand has its own character and operates as an independent 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 48 production plants in thirteen European countries and a further six countries in the Americas, Asia and Africa. Around the world, more than 329,000 employees produce almost 25,400 vehicles or are involved in vehiclerelated services each working day. The Volkswagen Group sells its vehicles in more than 150 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.

    http://www.volkswagen-media-services.com/medias_publish/ms/content/de.html?1102587056272

  • � B O A R D O F M A N A G E M E N T O F V O L K S WA G E N A G

    BoardofManagementofVolkswagenAktiengesellschaft

    Prof.Dr.rer.nat.MartinWinterkorn

    Chairman,

    ResearchandDevelopment,

    Sales

    FranciscoJavierGarciaSanz

    Procurement

    Prof.Dr.rer.pol.JochemHeizmann

    Production

    Dr.rer.pol.HorstNeumann

    HumanResourcesandOrganization

    HansDieterPötsch

    FinanceandControlling

    December 31, 2007

    w w w.v o l k s w a g e n a g . c o m / i r �

    December 31, 2007

    Hon.-Prof. Dr. techn. h.c. Dipl.-Ing. ETH Ferdinand K. PiëchChairman

    Jürgen PetersDeputyChairman;PresidentInternationalMetalworkers’Federation–IMF

    Dr. jur Michael FrenzelChairmanoftheBoardofManagementofTUIAG

    Babette FröhlichIGMetall,MemberofExecutiveCommittee02withresponsibilityforCodeterminationandSectorPolicy

    Dr. jur. Hans Michael Gaul

    Dr. Ing. Jürgen GroßmannChairmanoftheBoardofManagementofRWEAG;Partner,GeorgsmarienhütteHoldingGmbH

    Holger P. HärterChiefFinancialOfficer,DeputyPresidentoftheExecutiveBoardofPorscheAutomobilHoldingSE;ChiefFinancialOfficer,DeputyChairmanoftheExecutiveBoardofDr.Ing.h.c.F.PorscheAG

    Walter HircheMinisterofEconomicAffairs,LaborandTransportfortheFederalStateofLowerSaxony

    Peter JacobsChairmanoftheWorksCouncilattheVolkswagenAGEmdenplant

    Olaf KunzIGMetall–ExecutiveCommittee01,HeadoftheOfficeofLegalCounsel

    Peter MoschChairmanoftheGeneralWorksCouncilofAUDIAG

    Roland OetkerManagingPartnerofROIVerwaltungsgesellschaftmbH,PresidentofDeutscheSchutzvereinigungfürWertpapierbesitze.V.

    Bernd OsterlohChairmanoftheGeneralandGroupWorksCouncilsofVolkswagenAG

    Prof. Dr. jur. Dr.-Ing. e.h. Heinrich v. Pierer

    Wolfgang RitmeierChairmanoftheBoardofManagementofVolkswagenManagementAssociation(VMA)

    Heinrich SöfjerChairmanoftheWorksCouncilofVolkswagenCommercialVehicles

    Jürgen StumpfChairmanoftheWorksCouncilattheVolkswagenAGKasselplant

    Bernd WehlauerDeputyChairmanoftheGeneralandGroupWorksCouncilsofVolkswagenAG

    Dr. Ing. Wendelin WiedekingChairmanoftheExecutiveBoardofPorscheAutomobilHoldingSE;PresidentandChiefExecutiveOfficerofDr.Ing.h.c.F.PorscheAG

    Christian WulffPrimeMinisterfortheFederalStateofLowerSaxony

    S U P E R V I S O R Y B O A R D

    www.volkswagenag.com/ir

  • w w w.v o l k s w a g e n a g . c o m / i rK E Y F I G U R E S O F T H E V O L K S WA G E N G R O U P� �

    Volume Data 1

    Vehiclesales(units)

    Production(units)

    EmployeesatDec.31

    Financial Data (IFRSs), € million

    Salesrevenue

    Operatingprofitbeforespecialitems

    Specialitems

    Operatingprofit

    Profitbeforetaxfromcontinuingoperations

    Profitfromcontinuingoperations

    Profitfromdiscontinuedoperations

    Profitaftertax

    Cashflowsfromoperatingactivities

    Cashflowsfrominvestingactivities

    AutomotiveDivision2:

    Cashflowsfromoperatingactivities

    Cashflowsfrom investingactivities3

    ofwhich:investmentsinproperty,plant andequipment

    asapercentageofsalesrevenue

    capitalizeddevelopmentcosts

    asapercentageofsalesrevenue

    Netcashflow

    NetliquidityatDec.31

    2007

    6,191,618

    6,213,332

    329,305

    2007

    108,897

    6,151

    6,151

    6,543

    4,122

    4,122

    15,662

    13,497

    13,675

    6,566

    4,555

    4.6

    1,446

    1.5

    7,109

    13,478

    2006

    5,720,096

    5,659,578

    324,875

    2006

    104,875

    4,383

    - 2,374

    2,009

    1,793

    1,955

    795

    2,750

    14,470

    11,911

    11,745

    6,114

    3,644

    3.8

    1,478

    1.5

    5,631

    7,133

    %

    + 8.2

    + 9.8

    + 1.4

    %

    + 3.8

    + 40.3

    x

    x

    x

    x

    x

    + 49.9

    + 8.2

    + 13.3

    + 16.4

    + 7.4

    + 25.0

    - 2.2

    + 26.2

    + 89.0

    Return ratios in %

    Returnonsalesbeforetax(continuingoperations)

    Returnoninvestmentaftertax(AutomotiveDivision)

    Returnonequitybeforetax(FinancialServicesDivision)4

    2007

    6.0

    9.5

    16.1

    2006

    1.7

    2.1

    16.9

    December 31, 2007

    1) Includingvolumedataforthevehicleproductioninvestments

    ShanghaiVolkswagenAutomotiveCompanyLtd.andFAWVolkswagenAutomotive

    CompanyLtd.,whichareaccountedforusingtheequitymethod.

    2) Includingallocationofconsolidationadjustmentsbetween

    theAutomotiveandFinancialServicesdivisions.

    3) Excludingacquisitionanddisposalofequityinvestments:€5,660million(€5,074million).

    4) Profitbeforetaxasapercentageofaverageequity(continuingoperations).

    www.volkswagenag.com/ir

  • w w w.v o l k s w a g e n a g . c o m / i rF I V E - Y E A R R E V I E W10 11

    Vehicle Sales (units)thousands

    Germany

    Abroad

    Production (units)thousands

    Germany

    Abroad

    Employees(yearlyaverage)thousands

    Germany

    Abroad

    Sales revenue (in€ million)

    Profit before tax from continuing operations(in€ million)

    Profit from continuing operations (in€ million)

    Cash flows from operating activities

    (in€ million)

    Cash flows from investing activities

    (in€ million)

    December 31, 2007

    2003

    5,016

    916

    4,100

    5,021

    1,740

    3,281

    335

    174

    161

    84,813

    1,354

    1,003

    8,371

    15,464

    2004

    5,143

    940

    4,203

    5,093

    1,832

    3,261

    343

    179

    164

    88,963

    1,088

    697

    11,457

    15,078

    2005

    5,193

    1,019

    4,174

    5,219

    1,913

    3,306

    345

    179

    166

    93,996

    1,621

    1,050

    10,709

    10,365

    2007

    6,192

    1,030

    5,162

    6,213

    2,086

    4,127

    329

    175

    154

    108,897

    6,543

    4,122

    15,662

    13,497

    2006

    5,720

    1,093

    4,627

    5,660

    1,935

    3,725

    329

    174

    155

    104,875

    1,793

    1,955

    14,470

    11,911

    www.volkswagenag.com/ir

  • w w w.v o l k s w a g e n a g . c o m / i rV O L K S WA G E N S H A R E K E Y F I G U R E S12 1�

    December 31, 2007

    Dividend development

    NumberofnoparvaluesharesatDec.31 Ordinaryshares PreferredsharesDividend perordinaryshare perpreferredshare

    Share price development 1

    Ordinaryshares Closing Annualhigh AnnuallowPreferredshares Closing Annualhigh AnnuallowMarketcapitalizationatDec.31EquityatDec.31Ratioofmarketcapitalizationtoequity

    Key figures per share

    Earningsperordinaryshare basic dilutedOperatingprofit 3

    Cashflowsfromoperatingactivities 3

    Equity 4

    Price/earningsratio 5

    Price/cashflowratio 5

    Dividendyield ordinaryshare preferredsharePricedevelopment(excludingdividends) ordinaryshare preferredshare

    Turnover on German stock exchanges 6

    TurnoverofVolkswagenordinaryshares

    VolkswagenshareoftotalDAXturnover

    thousands thousands

    € €

    € € €

    € € € € billion € billion

    € € € € € factor factor % % % %

    € billionmillionshares

    %

    2005

    321,930 105,238

    1.15 1.21

    2005

    44.61 54.01 31.88

    32.50 40.00 24.00 15.9 23.6 0.67

    2005

    2.90 2.90 6.60 27.86 55.25 15.4 1.6 2.6 3.7 + 33.8 + 33.1

    2005

    30.9 735.7 3.3

    2006

    286,980 105,238

    1.25 1.31

    2006

    85.89 85.89 45.10

    56.55 56.55 32.85 30.6 26.9 1.14

    2006

    7.07 2

    7.04 2

    5.18 37.32 68.59 12.1 2.3 1.5 2.3 + 92.5 + 74.0

    2006

    50.5 770.4 3.9

    2007

    291,337 105,238

    1.80 1.86

    2007

    156.10 197.90 82.60

    100.00 131.00 54.14 56.0 31.9 1.75

    2007

    10.4310.3415.6039.7280.3814.96

    3.9

    1.21.9

    + 81.7+ 76.8

    2007

    103.1 877.3 5.3

    2003

    320,290 105,238

    1.05 1.11

    2003

    44.15 46.57 28.66

    28.75 31.55 21.05 15.3 23.8 0.65

    2003

    2.54 2.54 4.18 21.81 55.83 17.4 2.0

    2.4 3.9

    + 27.1 + 15.0

    2003

    23.9 641.1 3.2

    2004

    320,290 105,238

    1.05 1.11

    2004

    33.35 44.65 30.71

    24.41 28.97 21.20 11.9 22.6 0.52

    2004

    1.79 1.79 4.28 29.85 53.19 18.6 1.1 3.1 4.5 - 24.5 - 15.1

    2004

    24.3 682.0 3.1

    1)Xetraprices.2)For2006fromcontinuinganddiscontinuedoperations.3)Basedontheweightedaveragenumberofordinaryandpreferredsharesoutstanding(basic).

    4)BasedonthetotalnumberofordinaryandpreferredsharesonDecember31.5)Usingclosingpricesoftheordinaryshares.6)OrderbookturnoveronGermanexchanges.

    www.volkswagenag.com/ir

  • w w w.v o l k s w a g e n a g . c o m / i rSHARE PRICE DEVELOPMENT FROM DEC. 2002 TO DEC. 200� 1�1�

    Index based on month-end prices:

    Dec. 31, 2002 = 100

    December 31, 2007

    Volkswagen preferred share

    DJ Euro STOXX 50

    German Share Index (DAX)

    Volkswagen ordinary share

    DJ Euro STOXX Automobile

    100

    Dec

    embe

    r200

    2

    Mar

    ch2

    003

    June

    200

    3

    Sept

    embe

    r200

    3

    Dec

    embe

    r200

    3

    200

    300

    400

    500

    Mar

    ch2

    004

    June

    200

    4

    Sept

    embe

    r200

    4

    Dec

    embe

    r200

    4

    Mar

    ch2

    005

    June

    200

    5

    Sept

    embe

    r200

    5

    Dec

    embe

    r200

    5

    Mar

    ch2

    006

    June

    200

    6

    Sept

    embe

    r200

    6

    Dec

    embe

    r200

    6

    Mar

    ch2

    007

    June

    200

    7

    Sept

    embe

    r200

    7

    Dec

    embe

    r200

    7

    www.volkswagenag.com/ir

  • S I G N I F I C A N T G R O U P C O M PA N I E S1� 1�w w w.v o l k s w a g e n a g . c o m / i r

    Automotive DivisionVolkswagenAG,WolfsburgVolkswagenSachsenGmbH,Zwickau 100.00AUDIBRUSSELSS.A.,Brussels/Belgium 100.00VOLKSWAGENSLOVAKIA,a.s.,Bratislava/SlovakRepublic 100.00SITECHSitztechnikGmbH,Wolfsburg 100.00VolkswagenNavarra,S.A.,Arazuri(Navarra)/Spain 100.00AUTOEUROPAAUTOMÓVEISLDA.,QuintadoAnjo/Portugal 100.00VolkswagenMotorPolskaSp.zo.o.,Polkowice/Poland 100.00VolkswagenAudiEspaña,S.A.,ElPratdeLlobregat(Barcelona)/Spain 100.00VolkswagenOriginalTeileLogistikGmbH&Co.KG,Baunatal 52.76VOLKSWAGENGroupUnitedKingdomLtd.,MiltonKeynes/UnitedKingdom 100.00GroupeVOLKSWAGENFrances.a.,VillersCotterêts/France 100.00VolkswagenLogisticsGmbH&Co.OHG,Wolfsburg 100.00VWKraftwerkGmbH,Wolfsburg 100.00AutomobilmanufakturDresdenGmbH,Dresden 100.00VolkswagenPoznańSp.zo.o.,Poznań/Poland 100.00VolkswagenGroupSverigeAktiebolag,Södertälje/Sweden 100.00Auto5000GmbH,Wolfsburg 100.00VOLKSWAGENGROUPOFAMERICA,INC.,AuburnHills,Michigan/USA 100.00VolkswagenCanadaInc.,Ajax,Ontario/Canada 100.00VOLKSWAGENGroupJapanK.K.,Toyohashi/Japan 100.00VolkswagenTokyoK.K.,Tokyo/Japan 100.00VOLKSWAGENGROUPAUSTRALIAPTYLTD.,Botany/Australia 100.00VOLKSWAGENGroupRUSOOO,Kaluga/Russland 100.00OOOVOLKSWAGENRus,Kaluga/Russia 80.10

    AUDIAG,Ingolstadt 99.14AUDIHUNGARIAMOTORKft.,Györ/Hungary 100.00AudiVolkswagenKoreaLtd.,Seoul/Korea 100.00AudiVolkswagenMiddleEastFZE,Dubai 100.00AutomobiliLamborghiniHoldingS.p.A.,Sant'AgataBolognese/Italy 100.00VOLKSWAGENGROUPITALIAS.P.A.,Verona/Italy 100.00AudiJapanK.K.,Tokyo/Japan 100.00AudiCanadaInc.,Ajax,Ontario/Canada 100.00AudiofAmerica,LLC,AuburnHills,Michigan/USA 100.00

    SEAT,S.A.,Martorell,Barcelona/Spain 100.00SEATDeutschlandGmbH,MörfeldenWalldorf 100.00GearboxdelPrat,S.A.,ElPratdeLlobregat(Barcelona)/Spain 100.00

    ãKODAAUTOa.s.,MladáBoleslav/CzechRepublic 100.00ãkodaAutoDeutschlandGmbH,Weiterstadt 100.00ãKODAAUTOSlovenskos.r.o.,Bratislava/SlovakRepublic 100.00ãKODAAUTOINDIAPRIVATELIMITED,Aurangabad/India 100.00ãKODAAUTOPolska,S.A.,Poznań/Poland 51.00

    BENTLEYMOTORSLIMITED,Crewe/UnitedKingdom 100.00

    VolkswagendeMexico,S.A.deC.V.,Puebla/Pue./Mexico 100.00

    VolkswagendoBrasilLtda.,SãoBernardodoCampo,SP/Brazil 100.00

    VolkswagenArgentinaS.A.,BuenosAires/Argentina 100.00

    VolkswagenofSouthAfrica(Pty.)Ltd.,Uitenhage/SouthAfrica 100.00

    ShanghaiVolkswagenAutomotiveCompanyLtd.,Shanghai/P.R.China 1 50.00FAWVolkswagenAutomotiveCompany,Ltd.,Changchun/P.R.China 1 40.00Volkswagen(China)InvestmentCompanyLtd.,Beijing/P.R.China 100.00

    VolkswagenGroupServicesS.A.,Brussels/Belgium 100.00VolkswagenInternationalFinanceN.V.,Amsterdam/TheNetherlands 100.00

    MANAktiengesellschaft,Munich2 28.67 SCANIAAktiebolag,Södertälje/Sweden 3 20.59

    Financial Services DivisionVOLKSWAGENFINANCIALSERVICESAG,Braunschweig 100.00VolkswagenLeasingGmbH,Braunschweig 100.00VolkswagenBankGmbH,Braunschweig 100.00VolkswagenReinsuranceAG,Braunschweig 100.00VolkswagenVersicherungsdienstGmbH,Wolfsburg 100.00VOLKSWAGENFINANCE,S.A.,Alcobendas(Madrid)/Spain 100.00VOLKSWAGENFINANCES.A.,VillersCotterêts/France 100.00VolkswagenFinancialServices(UK)Ltd.,MiltonKeynes/UnitedKingdom100.00VolkswagenFinancialServicesN.V.,Amsterdam/TheNetherlands 100.00VOLKSWAGENFINANCIALSERVICESJAPANLTD.,Tokyo/Japan 100.00ãkoFINs.r.o.,Prag/CzechRepublic 100.00

    GlobalMobilityHoldingB.V.,Amsterdam/TheNetherlands 1, 4 50.00LeasePlanCorporationN.V.,Amsterdam/TheNetherlands –VolkswagenPonFinancialServicesB.V.,Amersfoort/TheNetherlands 1 60.00

    VWCREDIT,INC.,Wilmington,Delaware/USA 100.00VOLKSWAGENLEASINGSADECV,Puebla/Mexico 100.00

    FinancialservicescompaniesinBrazil,SãoPaulo/Brazil 100.00FinancialservicescompaniesinArgentina,BuenosAires/Argentina100.00

    1) Jointventuresareaccountedforusingtheequitymethod.2) TheinterestinMANconveys29.9%ofthevotingrights andthusdiffersfromtheequityinterest.3) TheinterestinSCANIAconveys37.44%ofthevotingrights andthusdiffersfromtheequityinterest.4) GlobalMobilityHoldingB.V.,Amsterdam,holdsallsharesof LeasePlanCorporationN.V.,Amsterdam.

    Name, location Equity interest in % Name, location Equity interest in %

    December 31, 2007

    www.volkswagenag.com/ir

  • w w w.v o l k s w a g e n . c o mP R O D U C T I O N N E T W O R K G E R M A N Y

    December 31, 2007 December 31, 2007

    1� 1�

    G E R M A N Y

    Audi AG (44,900employees)(1965acquisitionof50%ofthecapitalofAutoUnionGmbH;todaymorethan99%ownedbyVolkswagenAG)

    1 Ingolstadt plantAUDIA3,AUDIA3SPORTBACK,AUDIA4,AUDIA4AVANT,AUDIA5COUPÉ,enginecomponents

    2 Neckarsulm plantAUDIA4,AUDIA6,AUDIA6AVANT,AUDIA6ALLROAD,AUDIA8,AUDIR8

    Volkswagen AG (90,300employees)(foundedasVolkswagenwerkGmbHin 1938)

    3 Wolfsburg plant(43,600employees)GOLF,GOLFPLUS,GOLFVARIANT,components,pressshop

    4 Hanover plant(13,000employees)T5,foundry(cylinderheads)

    5 Braunschweig plant(5,700employees)chassiscomponents

    6 Kassel plant(13,800employees)gearboxes,foundry,GenuinePartsCenter

    7 Emden plant(7,900employees)PASSAT,PASSATVARIANT

    8 Salzgitter plant(6,300employees)engines

    Auto 5000 GmbH (4,200employees)(foundedin2001; 100% VolkswagenAG)

    9 Wolfsburg plantTOURAN,TIGUAN

    Volkswagen Sachsen GmbH (7,100employees)(foundedin1990; 100% VolkswagenAG)

    10 Chemnitz plantengines

    11 Zwickau plantGOLF,PASSAT

    Automobilmanufaktur Dresden GmbH (380employees)(foundedin1998; 100% VolkswagenAG)

    12 Gläserne Manufaktur DresdenPHAETON

    Sitech Sitztechnik GmbH (1,500employees)(foundedin2001; 100% VolkswagenAG)

    13 Wolfsburg plantseatingtechnology

    12

    21

    3, 9, 1345

    6

    7

    8

    1110

    http://www.volkswagen.com/vwcms_publish/vwcms/international_portal/virtualmaster/de.html

  • w w w.v o l k s w a g e n . c o mP R O D U C T I O N N E T W O R K E U R O P E20 21

    December 31, 2007 December 31, 2007

    B E L G I U M

    Audi Bruxelles S.A. (2,100employees)(foundedin

    1971; 100% VolkswagenAG)

    14 Brussels plantGOLF,POLO,AUDIA3SPORTBACK

    BOSNIA-HERZEGOVINA

    Volkswagen Sarajevo d.o.o. (308employees)(foundedin 1998;

    58% VolkswagenAG)

    15 Sarajevo plant (SKD)POLO,GOLF,PASSAT,TOUAREG,

    AUDIA3,AUDIA4,AUDIA6,AUDIQ7,

    ãKODAFABIA,ãKODAOCTAVIA,

    ãKODAOCTAVIACOMBI,

    ãKODASUPERB,components

    FRANCE

    Bugatti Automobiles SAS (61 employees)(partofthe

    VolkswagenGroupsince1998;

    todaywhollyownedbyGroupe

    VolkswagenFrances.a.)

    16 Molsheim plantVEYRON16.4

    GREAT BRITAIN

    Bentley Motors Ltd.(3,700 employees)

    (whollyownedbyVolkswagenAG

    since1998)

    17 Crewe plantARNAGE,CONTINENTALFLYINGSPUR,

    CONTINENTALGT,CONTINENTAL

    CABRIO,CONTINENTALAZURE

    CABRIO,engines

    ITALY

    Automobili Lamborghini S.p.A. (950 employees)

    (whollyownedbyAutomobili

    LamborghiniHoldingS.p.A.,wholly

    ownedbyAUDIAGsince1998)

    18 Sant’ Agata Bolognese plantGALLARDOCOUPÉ,GALLARDO

    SPYDER,MURCIÉLAGOCOUPÉ,

    MURCIÉLAGOROADSTER,engines

    232425

    303129

    32

    2827

    26

    21

    19

    1815

    14

    16

    2017

    22

  • w w w.v o l k s w a g e n . c o mP R O D U C T I O N N E T W O R K E U R O P E22 2�

    December 31, 2007 December 31, 2007

    P O L A N D

    Volkswagen Poznań Sp. z o.o. (6,000employees)

    (foundedin 1993; since1996

    whollyownedbyVolkswagenAG)

    19 Poznań plantT5,CADDY3, foundry(cylinderheads)

    Volkswagen Motor Polska Sp. z o.o. (1,200employees)(foundedin

    1998; whollyownedby

    VolkswagenAG)

    20 Polkowice plantengines

    PORTUGAL

    Volkswagen Autoeuropa - Automóveis Ltda. (3,000 employees)

    (foundedin 1991; whollyowned

    byVolkswagenAGsince1999)

    21 Palmela plantEOS,SHARAN,

    SEATALHAMBRA

    RUSSIA

    Volkswagen Rus OOO(175employees)

    (foundedin2006;60%Volkswagen

    AG;40%ãkodaAutoa.s.)

    22 Kaluga plant (SKD)PASSAT,ãKODAOCTAVIA

    SPAIN

    SEAT, S.A. (17,000employees)

    (whollyownedbyVolkswagenAG

    since1990)

    23 Barcelona plantpressshop

    24 Martorell plantIBIZA,CORDOBA,LEON,TOLEDO,

    ALTEA,ALTEAXL

    Gearbox del Prat, S.A. (982employees)

    (whollyownedby SEAT,S.A.)

    25 Prat plantgearboxes,foundry(cylinderheads)

    Volkswagen Navarra, S.A. (4,000employees)

    (whollyownedbyVolkswagenAG)

    26 Pamplona plantPOLO,engines(assemblyonly)

    SLOVAK REPUBLIC

    Volkswagen Slovakia a.s. (8,500 employees)

    (foundedin1991;

    whollyownedbyVolkswagenAG)

    27 Bratislava plantPOLO,TOUAREG,PORSCHECAYENNE,

    AUDIQ7,gearboxes(assemblyonly)

    28 Martin plantgearbox/chassiscomponents

    CZECH REPUBLIC

    ãkoda Auto a.s. (24,400 employees)

    (foundedin1991;

    whollyownedbyVolkswagenAG)

    29 Mladá Boleslav plantFABIA,FABIACOMBI,FABIASEDAN,

    OCTAVIA,OCTAVIACOMBI,

    engines,gearboxes,foundry

    30 Kvasiny plantROOMSTER,SUPERB

    31 Vrchlabí plantOCTAVIA,OCTAVIACOMBI

    HUNGARY

    AUDI HUNGARIA MOTOR Kft. (5,800 employees)

    (foundedin1993;

    whollyownedbyAUDIAG)

    32 Györ plantAUDIA3CABRIO,AUDITTCOUPÉ,

    AUDITTROADSTER,

    engines

  • PRODUCTION N ETWORK ASIA /PACI FICPRODUCTION NETWORK NORTH/SOUTH AMERICA AND SOUTH AFRICA2� 2�

    December 31, 2007 December 31, 2007

    39 3840

    3736

    3534 41

    33

    M E X I C O

    Volkswagen de México S.A. de C.V. (14,900employees)(foundedin 1964; whollyownedbyVolkswagenAG)

    33 Puebla plantGOLFVARIANT,JETTA,NEWBEETLE,NEWBEETLECABRIO,BUS/TRUCK,engines,foundry(cylinderheads)

    A R G E N T I N A

    Volkswagen Argentina S.A. (3,700employees)(foundedin 1980; whollyownedbyVolkswagenAG)

    34 Cordoba plantgearboxes

    35 Pacheco plantCADDY2,POLOCLASSIC,SURAN,engines(assemblyonly)

    B R A Z I L

    Volkswagen do Brasil Ltda. (20,400employees)(foundedin 1953; whollyownedbyVolkswagenAG)

    36 Anchieta plantGOL,SAVEIRO,POLO,POLOCLASSIC,FOX,T2,Motoren,foundry(cylinderheads),gearboxes

    37 Curitiba plantFOX,GOLF

    38 Resende plantBUS,TRUCK,CONSTELLATIONMEDIUM,CONSTELLATIONHEAVY

    39 São Carlos plantengines

    40 Taubaté plantGOL,PARATI

    S O U T H A F R I C A

    Volkswagen of South Africa Ltd. (5,600employees)(foundedin 1956;whollyownedbyVolkswagenAGsince1974)

    41 Uitenhage plantPOLO,POLOCLASSIC,GOLF,CITIGOLF,PICKUP,JETTA,BUS,CONSTELLATIONMEDIUM,CONSTELLATIONHEAVY,engines

    42

    43,47,48

    44,45

    I N D I A

    ãkoda Auto India Private Ltd. (480employees)(foundedin 1999; whollyownedby ãkodaAutoa.s.)

    42 Aurangabad plant (CKD)OCTAVIA,OCTAVIACOMBI,SUPERB,FABIA,PASSAT,AUDIA6

    PEOPLE’S REPUBLIC OF CHINA

    Shanghai-Volkswagen Automotive Company Ltd. (13,000employees)(foundedin 1985; 40% VolkswagenAG,10% Volkswagen(China)InvestmentCompanyLtd.)

    43 Anting plantPOLO,POLOCLASSIC,SANTANA,SANTANAVISTA,SANTANAVARIANT,TOURAN,PASSATLINGYU,PASSATB5,ãKODAOCTAVIA,engines

    FAW-Volkswagen Automotive Company Ltd.(9,800employees)(foundedin 1991; 20% VolkswagenAG,10% Volkswagen(China)InvestmentCompanyLtd.,10%AUDIAG)

    44 Changchun plantJETTAA2,JETTA,GOLF,BORA,PASSAT,AUDIA4,AUDIA6,engines,gearboxes

    FAW-Volkswagen Platform Company Ltd.(184employees)(foundedin 2005;60% Volkswagen(China)InvestmentCompanyLtd.,40%FAW)

    45 Changchun plantchassiscomponents

    FAW-Volkswagen Engine Company Ltd.(319employees)(foundedin 2005;60% Volkswagen(China)InvestmentCompanyLtd.,40%FAW)

    46 Dalian plantengines

    Volkswagen Transmission (Shanghai) Company Ltd.(225employees)(foundedin 2001;60% Volkswagen(China)InvestmentCompanyLtd.)

    47 Jiading/Shanghai plantgearboxes

    Shanghai Volkswagen Powertrain Company Ltd.(335employees)(foundedin 2005;60% Volkswagen(China)InvestmentCompanyLtd.,40%SAIC)

    48 Loutang plantengines

    46

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mD E L I V E R I E S T O C U S T O M E R S2� 2�

    Worldwide

    VWCommercialVehicles

    Bugatti

    Group5,733,2926,188,959 (= +7.9 %)

    VWPassengerCars

    ãkoda

    Bentley

    SEAT

    Lamborghini

    Audi

    20062007December31, 2007

    3,396,0983,662,595 (= +7.8 %)

    549,667630,032 (= +14.6 %)

    9,38710,014 (= +6.7 %)

    4581 (= +80.0 %)

    905,188964,151 (= +6.5 %)

    429,355431,024 (= +0.4 %)

    2,0952,406 (= +14.8 %)

    441,457488,656 (= +10.7 %)

    Europe

    VWCommercialVehicles

    Bugatti

    Group3,517,9093,608,260 (= +2.6 %)

    VWPassengerCars

    ãkoda

    Bentley

    SEAT

    Lamborghini

    Audi

    20062007December31, 2007

    1,641,6061,621,190 (= -1.2 %)

    513,126564,737 (= +10.1 %)

    3,9294,245 (= +8.0 %)

    2236 (= +63.5 %)

    658,463686,480 (= +4.3 %)

    398,715401,908 (= +0.8 %)

    786954 (= +21.4 %)

    301,262328,710 (= +9.1 %)

    Western Europe

    VWCommercialVehicles

    Bugatti

    Group3,107,3213,111,830 (= +0.1 %)

    VWPassengerCars

    ãkoda

    Bentley

    SEAT

    Lamborghini

    Audi

    20062007December31, 2007

    1,524,6201,469,414 (= -3.6 %)

    301,343327,222 (= +8.6 %)

    3,9294,245 (= +8.0 %)

    2236 (= +63.6 %)

    631,380650,407 (= +3.0 %)

    374,558371,146 (= -0.9 %)

    767924 (= +20.5 %)

    270,702288,436 (= +6.6 %)

    Central and Eastern Europe

    VWCommercialVehicles

    Group410,588496,430 (= +20.9 %)

    VWPassengerCars

    ãkoda

    SEAT

    Lamborghini

    Audi

    20062007December31, 2007

    116,986151,776 (= +29.7 %)

    211,783237,515 (= +12.2 %)

    27,08336,073 (= +33.2 %)

    24,15730,762 (= +27.3 %)

    1930 (= +57.9 %)

    30,56040,274 (= +31.8 %)

  • D E L I V E R I E S T O C U S T O M E R S w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m2� 2�

    Germany

    VWCommercialVehicles

    Bugatti

    Group1,108,0551,055,037 (= -4.8 %)

    VWPassengerCars

    ãkoda

    Bentley

    SEAT

    Lamborghini

    Audi

    20062007December31, 2007

    570,929519,224 (= -9.1 %)

    103,931112,452 (= +8.2 %)

    766742 (= -3.1 %)

    123 (= -75.0 %)

    257,792254,014 (= -1.5 %)

    51,36746,320 (= -9.8 %)

    226234 (= +3.5 %)

    123,032122,048 (= -0.8 %)

    Great Britain

    VWCommercialVehicles

    Bugatti

    Group376,614403,158 (= +7.0 %)

    VWPassengerCars

    ãkoda

    Bentley

    SEAT

    Lamborghini

    Audi

    20062007December31, 2007

    190,052194,505 (= +2.3 %)

    38,80140,430 (= +4.2 %)

    1,9072,079 (= +9.0 %)

    317 (= +466.7 %)

    86,003100,712 (= +17.1 %)

    32,86834,780 (= +5.8 %)

    151209 (= +38.4 %)

    26,82930,426 (= +13.4 %)

    Italy

    VWCommercialVehicles

    Group275,648280,459 (= +1.7 %)

    VWPassengerCars

    ãkoda

    Bentley

    SEAT

    Lamborghini

    Audi

    20062007December31, 2007

    160,120160,210 (= +0.1 %)

    16,51519,103 (= +15.7 %)

    122164 (= +34.4 %)

    59,00259,123 (= +0.2 %)

    33,41833,423 (= +0.0 %)

    172209 (= +21.5 %)

    6,2998,227 (= +30.6 %)

    Spain

    VWCommercialVehicles

    Group362,859366,391 (= +1.0 %)

    VWPassengerCars

    ãkoda

    Bentley

    SEAT

    Lamborghini

    Audi

    20062007December31, 2007

    118,193118,359 (= +0.1 %)

    26,27228,531 (= +8.6 %)

    117122 (= +4.3 %)

    54,55758,850 (= +7.9 %)

    146,515142,343 (= -2.8 %)

    67 (= +16.7 %)

    17,19918,179 (= +5.7 %)

  • D E L I V E R I E S T O C U S T O M E R S w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m�0 �1

    South America

    VWCommercialVehicles

    Group572,949744,193 (= +29.9 %)

    VWPassengerCars

    ãkoda

    SEAT

    Audi

    20062007December31, 2007

    481,799628,047 (= +30.4 %)

    3,0313,202 (= +5.6 %)

    8,0848,993 (= +11.2 %)

    2,1913,651 (= +66.6 %)

    77,844100,300 (= +28.8 %)

    Brazil

    VWCommercialVehicles

    Group440,492581,292 (= +32.0 %)

    VWPassengerCars

    Audi

    20062007December31, 2007

    372,896493,744 (= +32.4 %)

    2,9062,179 (= -25.0 %)

    64,69085,369 (= +32.0 %)

    Africa

    ãkoda

    Lamborghini

    SEAT

    Group147,205144,659 (= -1.7 %)

    VWPassengerCars

    Audi

    20062007December31, 2007

    5,2137,059 (= +35.4 %)

    115,641109,280 (= -5.5 %)

    2,5823,596 (= +39.3 %)

    14,60414,459 (= -1.0 %)

    2938 (= +31.0 %)

    VWCommercialVehicles9,13610,227 (= +11.9 %)

    North America

    VWCommercialVehicles

    Bugatti

    Group533,377530,630 (= -0.5 %)

    VWPassengerCars

    Bentley

    SEAT

    Lamborghini

    Audi

    20062007December31, 2007

    397,490393,161 (= -1.1 %)

    4,0174,196 (= +4.5 %)

    1331 (= +138.5 %)

    102,542106,636 (= +4.0 %)

    19,23116,508 (= -14.2 %)

    9361,001 (= +6.9 %)

    9,1489,097 (= -0.6 %)

    USA

    Bugatti

    Group330,162329,234 (= -0.3 %)

    VWPassengerCars

    Bentley

    Lamborghini

    Audi

    20062007December31, 2007

    235,140230,571 (= -1.9 %)

    4,0174,196 (= +4.5 %)

    1331 (= +138.5 %)

    90,11693,506 (= +3.8 %)

    876930 (= +6.2 %)

  • 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 ST R AT I O N S B Y C O U N T R Y ( V W G R O U P )

    D E L I V E R I E S T O C U S T O M E R S C O M P E T I T I V E S I T U AT I O N�2 ��

    Germany

    Austria

    Spain

    France

    GreatBritain

    Italy

    Belgium

    Netherlands

    Portugal

    20062007 December31, 2007

    32.6 %32.7 %

    11.8 %12.0 %

    14.9 %15.6 %

    10.8 %10.4 %

    21.1 %21.4 %

    17.8 %18.1 %

    19.2 %19.7 %

    18.0 %17.5 %

    30.7 %30.3 %

    Switzerland21.4 %22.3 %

    Sweden18.4 %18.5 %

    Norway21.6 %24.8 %

    Denmark19.8 %19.2 %

    Finland18.8 %19.3 %

    WesternEuropeexcl.Germany15.8 %15.9 %

    WesternEurope19.8 %19.5 %

    Brazil24.1 %24.9 %

    China17.0 %17.8 %

    USA2.0 %2.0 %

    Worldwide9.5 %9.8 %

    Asia-Pacific

    VWCommercialVehicles

    Bugatti

    Group847,9421,052,495 (= +24.1 %)

    VWPassengerCars

    ãkoda

    Bentley

    Lamborghini

    Audi

    20062007December31, 2007

    711,438866,553 (= +21.8 %)

    13,76640,292 (= +192.7 %)

    9001,065 (= +18.3 %)

    25 (= +150.0 %)

    111,387134,176 (= +20.5 %)

    239311 (= +30.1 %)

    10,21010,093 (= -1.1 %)

    China

    VWCommercialVehicles

    Group711,378910,494 (= +28.0 %)

    VWPassengerCars

    ãkoda

    Bentley

    Lamborghini

    Audi

    20062007December31, 2007

    624,724777,478 (= +24.5 %)

    66027,325 (= + ˝˝˝ %)

    175338 (= +93.1 %)

    81,708101,996 (= +24.8 %)

    2750 (= +85.2 %)

    4,0843,307 (= -19.0 %)

  • C O M P E T I T I V E S I T U AT I O N w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m

    Germany

    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

    �� ��

    December 31, 2007 December 31, 2007

    VolkswagenGroup

    FordGroup

    PSAGroup

    Renault

    FiatGroup

    ToyotaGroup

    Koreanautomakers

    GMGroup 15.89 %

    10.23 %

    11.60 %

    15.22 %

    9.06 %

    9.46 %BMWGroup

    DaimlerAG

    Porsche

    4.71 %

    3.83 %

    0.23 %

    6.63 %

    3.70 %

    Western Europe excl. Germany

    VolkswagenGroup

    FordGroup

    PSAGroup

    Renault

    FiatGroup

    ToyotaGroup

    Koreanautomakers

    GMGroup 19.47 %

    10.19 %

    10.89 %

    13.11 %

    8.08 %

    8.06 %

    Japaneseautomakers 14.38 %

    BMWGroup

    DaimlerAG

    Porsche

    5.63 %

    5.45 %

    0.30 %

    6.20 %

    3.52 %

    Western Europe

    Japaneseautomakers 15.07 %

    Toyota

    Nissan

    Honda

    Japaneseautomakers(total)

    BMW

    DaimlerAG

    GMGroup

    VolkswagenGroup 2.0 %

    Volkswagen 1.4 %

    Audi 0.6 %

    16.2 %

    6.6 %

    9.6 %

    36.9 %

    4.8 %

    1.8 %

    1.6 %Totalimportedbrands

    48.9 %

    23.5 %

    USA (PassengerCarsandLightTrucks)

    VolkswagenGroup

    FordGroup

    PSAGroup

    Renault

    FiatGroup

    ToyotaGroup

    Koreanautomakers

    GMGroup 10.04 %

    8.24 %

    5.29 %

    4.46 %

    2.86 %

    Japaneseautomakers 11.80 %

    BMWGroup

    DaimlerAG

    Porsche

    9.04 %

    11.43 %

    0.56 %

    4.64 %

    2.83 %

    FordGroup 14.8 %

    Domestics 51.1 %

    12.9 %

    Koreanautomakers(total)

    32.74 %

    Chrysler

  • w w w.v o l k s w a g e n . d eD E V E L O P M E N T S I N W O R K F O R C E

    V O L K S WA G E N G R O U PDevelopment of workforce worldwide

    Yearenddata,employeesatproductionandservicecompanies

    December 31, 2007

    V O L K S WA G E N G R O U PWorkforce at production companies by country

    December 31, 2007

    V O L K S WA G E N G R O U PWorkforce at production companies by employment category

    December 31, 2007

    thousands

    V O L K S WA G E N G R O U PAbsolute numbers of employees in Germany/abroad

    December 31, 2007

    Yearenddata,employeesatproductionandservicecompanies

    thousands

    Germany

    abroad

    hourlyworkers

    salaried

    �� ��

    300

    310

    320

    330

    340

    2002

    324.9

    2003

    336.8

    2004

    342.5

    2005

    344.9

    2007

    329.3

    100

    110

    130

    140

    150

    120

    160

    170

    180

    2002 2003 2004 2005 2006

    167.0

    157.9

    176.5

    160.3

    177.3

    165,2

    178.7

    166.2 168.9

    155.9

    2006

    324.9

    168.7160.6

    2007

    Belgium 2,117

    India

    02002

    100,000

    150,000

    200,000

    250,000

    300,000

    350,000

    50,000

    93,001

    223,670

    99,224

    229,229

    105,288

    228,418

    104,942

    230,959

    105,966

    214,037

    2003 2004 2005 2006 2007

    Italy

    GreatBritainArgentina

    SouthAfrica

    HungarySlovakRepublic

    PolandMexico

    Spain

    BrazilChina

    CzechRepublicGermany

    478951

    Portugal 2,968

    3,7313,797

    5,664

    5,8458,4958,560

    14,85819,696

    20,985

    22,72924,396

    148,562

    Russia 175

    93,084

    222,592

  • w w w.v o l k s w a g e n . d eD E V E L O P M E N T S I N W O R K F O R C E

    V O L K S WA G E N A GOverall age structure (Germany)

    December 31, 2007

    Health index at production plants worldwide

    December 31, 2007

    V O L K S WA G E N A GDevelopment of part-time employees (Germany)

    December 31, 2007

    incl.apprentices totalparttimeemployees

    V O L K S WA G E N A GDevelopment in share of female employees (Germany)

    December 31, 2007

    incl.apprentices totalwomen

    �� ��

    0

    2002 2003 2004 2005 2006 2007

    2,5532,784

    2,9123,431

    2,249

    500

    1.000

    1.500

    500

    1,000

    1,500

    2,000

    2,500

    3,000

    104,704 103,821 101,028 94,000102,520

    11,000

    2002 2003 2004 2005 2006 2007

    13,40813,592

    13,71513,984

    12,472

    11,500

    12,000

    12,500

    13,000

    13,500

    14,000

    104,704 103,821 101,028 94,000102,520

    2.4% 2.7% 2.8% 3.4% 2.4%

    12.8% 13.1% 13.4% 13.9% 13.3%

    2,303

    2.5%

    90,468

    11,966

    90,468

    13.2%

    30

    35

    40

    1998 2007

    38.1years

    42.0years

    2006

    2005

    2004

    2003

    2002

    2001

    2000

    1999

    1998

    1997

    97.2

    97.2

    97.3

    97.1

    96.7

    96.7

    96.7

    96.6

    96.8

    96.6

    2007 97.0

    2005

    41.1years

    2006

    41.7years

  • w w w.v o l k s w a g e n . d eE 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

    December 31, 2007

    555 further employees in Group Research

    VW de México/NAR720

    VW do Brasil1.006

    VW do BrasilCommercial Vehicles

    114

    Bentley563

    Bugatti78

    SEAT958

    Volkswagen7,302Volkswagen

    Commercial Vehicles704

    ãkoda1,504

    Audi6,179

    Lamborghini129

    VW ofSouth Africa

    122

    Shanghai VW932

    FAW-VW495Volkswagen

    Group China30

    Volkswagen Argentina

    46

    Sitech111

    VWIndividual

    129

    �0 �1

    Total: 21,677

  • Headquarters: Wolfsburg,Germany

    Shareofcapitalheld:100 %

    BoardofManagement,VolkswagenPassengerCarsBrand:

    Prof.Dr.rer.nat.MartinWinterkorn

    Chairman

    Dr.-Ing.UlrichHackenberg

    TechnicalDevelopment

    FranciscoJavierGarciaSanz

    Procurement

    Prof.Dr.rer.pol.JochemHeizmann

    Production,Logistics

    Prof.Dr.Ing.WernerNeubauer

    Component

    Dr.rer.pol.HorstNeumann

    HumanResourcesandOrganization

    LotharSander

    ControllingandAccounting

    Address:

    VolkswagenAG

    38436Wolfsburg

    Germany

    Internet:www.volkswagen.de

    O R G A N I Z AT I O N A L C H A R T S

    VOLKSWAGEN

    ��

    December 31, 2007

    GENERAL PROCUREMENT INFORMATION �2

    Sales and Purchasing Volumes (Volkswagen Group)

    December 31, 2007million € Reporting period: 2007

    Procurement Volumes by Brand and Company

    VolkswagenAGVWSlovakiaVWdoBrasilFAWVolkswagenVWShanghaiVWdeMéxicoVWSachsenAutoEuropaVolkswagenMotorPolskaVWofSouthAfricaVWArgentinaVWBruxellesVolkswagenRUSVolkswagenIndiaBentleyAudiAudiHungariaMotorkft.LamborghiniãkodaSEATTotal

    19,603.914,113.853,989.873,755.523,314.823,115.552,440.601,239.72

    851.74554.50552.60468.93112.93

    20.21582.97

    14,619.223,847.85

    281.674,955.563,558.86

    71,980.86

    27.2 %5.7 %5.5 %5.2 %4.6 %4.3 %3.4 %1.7 %1.2 %0.8 %0.8 %0.7 %0.2 %0.0 %0.8 %

    20.3 %5.3 %0.4 %6.9 %4.9 %

    100 %

    104.9billion€108.9billion€

    68.8billion€

    72.0billion€

    Sales Purchasing Volumes

    2006 2007

    http://www.volkswagen.de/vwcms_publish/vwcms/master_public/virtualmaster/de3.metanav.html

  • 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:99.14 %

    Board of Management, Audi:

    Rupert Stadler

    Chairman

    Frank Dreves

    Production

    Dr. rer. pol. Werner Widuckel

    HumanResources

    Ulf Berkenhagen

    Procurement

    Michael Dick

    TechnicalDevelopment

    Peter Schwarzenbauer (fromApril1,2008)

    SalesandMarketing

    Axel Strotbek

    FinanceandControlling

    Address:

    AUDIAG

    85045Ingolstadt

    Germany

    Internet:www.audi.de

    December 31, 2007

    O R G A N I Z AT I O N A L C H A R T S

    BENTLEY MOTORS LIMITED

    Headquarters: Crewe,GreatBritain

    Share of capital held:100 %

    Board of Management, Bentley:

    Dr.-Ing. Franz-Josef Paefgen

    ChairmanandChiefExecutive

    Doug Dickson

    Manufacturing

    Dr.-Ing. Ulrich Eichhorn

    Engineering

    Christine Gaskell

    Personnel

    Stuart McCullough

    SalesandMarketing

    Jürgen Hoffmann

    FinanceandIS

    Address:

    PymsLane

    Crewe

    Cheshire,CW1 3PL

    GreatBritain

    Internet:www.bentleymotors.com

    ��

    December 31, 2007

    www.audi.dewww.bentleymotors.com

  • O R G A N I Z AT I O N A L C H A R T SO R G A N I Z AT I O N A L C H A R T S

    BUGATTI

    Bugatti Automobiles S.A.S.:

    Headquarters: Molsheim,France

    Share of capital held:100 %

    Dr.-Ing. Franz-Josef Paefgen

    President

    Bugatti International S.A. (HeadquartersLuxemburg)

    Dr.-Ing. Franz-Josef Paefgen

    President

    Bugatti Engineering GmbH (HeadquartersWolfsburg)

    Dr.-Ing. Wolfgang Schreiber

    ChiefExecutiveOfficer

    Address:

    1,ChâteauSaintJean

    67120Molsheim

    France

    Internet:www.bugatticars.com

    �� ��

    December 31, 2007

    AUTOMOBILI LAMBORGHINI S.p.A

    Headquarters: Sant’AgataBolognese,Italy

    Share of capital held:100 %

    Administrative Board, Lamborghini:

    Stephan Winkelmann

    PresidentoftheAdministrativeBoard

    Klaus-Peter Körner

    MemberoftheAdministrativeBoard,

    Production

    Maurizio Reggiani

    MemberoftheAdministrativeBoard

    Address:

    viaModena,12

    40019Sant‘AgataBolognese

    Italy

    Internet:www.lamborghini.com

    December 31, 2007

    http://www.bugatti.com/en/home.htmlwww.lamborghini.com

  • O R G A N I Z AT I O N A L C H A R T SO R G A N I Z AT I O N A L C H A R T S

    SEAT, S.A.

    Headquarters: Martorell,Spain

    Share of capital held:100 %

    Board of Management, SEAT:

    Erich Schmitt

    Chairman

    Frank Bekemeier

    ResearchandDevelopment

    Berthold Krüger

    Sales

    Jan-Henrik Lafrentz

    FinanceandOrganization

    Ramón Paredes

    HumanResources

    Wolfram Thomas

    Production

    Address:

    SEAT,S.A.

    AutovíaA2,Km.585

    08760Martorell

    Spain

    Internet:www.seat.com

    December 31, 2007

    ãKODA AUTO a.s.

    Headquarters: MladáBoleslav,CzechRepublic

    Share of capital held:100 %

    Board of Management, ãkoda:

    Reinhard Jung

    Chairman

    Fred Kappler

    SalesandMarketing

    Horst Mühl

    ProductionandLogistics

    Martin Jahn

    HumanResourcesManagement

    Holger Kintscher

    CommercialAffairs

    Dr. Ing. Eckhard Scholz

    TechnicalDevelopment

    Address:

    VáclavaKlementa869

    293 60MladáBoleslav

    CzechRepublic

    Internet:www.skodaauto.com

    December 31, 2007

    ����

    www.seat.comhttp://new.skoda-auto.com/COM/Pages/Home.aspx

  • O R G A N I Z AT I O N A L C H A R T SO R G A N I Z AT I O N A L C H A R T S

    VOLKSWAGEN COMMERCIAL VEHICLES

    Headquarters:Hanover,Germany

    Share of capital held:100%

    Board of Management,

    Volkswagen Commercial Vehicles Brand:

    Stephan Schaller

    ChairmanoftheManagementBody

    Frank Fiedler

    FinanceandIntegrationTechnology

    Jochen Schumm

    HumanResources

    Dr.-Ing. Wolfgang Schreiber

    TechnicalDevelopment

    Dirk Große-Loheide

    ProcurementandProduction

    Harald Schomburg

    SalesandMarketing

    Address:

    VolkswagenCommercialVehicles

    Postfach21 05 80

    30405Hanover

    Germany

    Internet: www.vwn.de

    Headquarters:Braunschweig,Germany

    Share of capital held:100%

    Board of Management,

    Volkswagen Financial Services AG:

    Burkhard Breiing

    ChairmanoftheBoardofManagement,

    Controlling/CompanySteering,

    Insurance,IT,

    RegionsCentralEurope,EasternEurope,

    NorthAmerica,SouthAmerica,AsiaPacific

    Elke Eller

    HumanResources/Organisation

    Dr. rer. pol. Michael Reinhart

    Risk/Accounting

    Klaus-Dieter Schürmann

    RegionsNorthernEurope,SouthernEurope

    Address:

    VolkswagenFinancialServicesAG

    GifhornerStraße57

    38112Braunschweig

    Germany

    Internet:www.vwfs.com

    December 31, 2007December 31, 2007

    �1�0

    www.vwn.dewww.vwfs.com

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mH I S T O R I C A L N OT E S

    Ferdinand Porsche’s blueprint turned the dream of automotive mobility for the masses into a “people’s car”. The automobile laid the foundation for a company which rapidly acquired international significance after the Second World War.

    The motor of the “Wirtschaftswunder“ was aircooled and fitted at the rear of a car whose distinctive silhouette made Volkswagen a household name all over the world, just as the Transporter launched in 1950 became a muchloved workhorse and camper.

    Numerous production facilities outside Europe were already being set up in the 1950s to bring the automaker closer to the customer.

    Having evolved into a German automotive group with the acquisition of “Auto Union GmbH” and “NSU Motorenwerke AG” in the 1960s, the dynamic market success of the Passat, Golf and Polo post1973 triggered further corporate growth towards a multibrand group: SEAT and Skoda were added in 1985 and 1991, Bentley and Bugatti in 1998.

    1 � � � — 1 � � �

    May 28, 1937“Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH” is established in Berlin.

    Early 1938 Construction of the Volkswagen plant east of Fallersleben begins.

    September 16, 1938 The company name is changed to “Volkswagenwerk GmbH”.

    Between 1939 and 1945, the Volkswagen plant is reorganized for the production of armaments rather than the production of civilian vehicles. The expanding armaments output 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 production of military equipment and liberate the forced labourers.

    1 � � �

    Vehicle Production

    VOLKSWAGENWERKGMBH

    1,785

    Financial data

    (million Reichsmark)

    VOLKSWAGENWERKGMBH

    Sales 11.7

    Workforce (yearlyaverage)

    VOLKSWAGENWERKGMBH

    Factoryworkers 5,459

    Officeworkers 574

    Total 6,033

    The “Volkswagen Commercial Vehicles” brand with factories in South America, Poland and Germany provides a differentiated range of products spanning city vans, trucks and busses to suit the most diverse mobility requirements.

    The financial services provided by Volkswagen Financial Services AG, a company whose roots go back as far as 1949, also contribute to the automotive success of the Volkswagen Group.

    Founded on strong brands, the Volkswagen Group continues its successful automotive tradition with fascinating products; each year, the Group’s customers take delivery of over six million new vehicles.

    �2 ��

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mH I S T O R I C A L N OT E S

    1 � � � — 1 � � 0

    June 1945Responsibility for the company seized by the Allies is turned over to the British Military Government for administration in trusteeship.

    December 1945Series production of the Volkswagen Type 1 begins with the assembly of 55 saloons.

    October 1947 Export of the first Volkswagen saloons to the Netherlands begins with five vehicles.

    January 1, 1948Heinrich Nordhoff is appointed General Director of the Volkswagen works.

    July 29, 1948The company’s registered office is transferred from Berlin to Wolfsburg and the change entered into the Commercial Register.

    June 30, 1949 “VolkswagenFinanzierungsGesellschaft mbH” is founded to provide loans to domestic customers and dealers, thus encouraging the sale of Volkswagens.

    October 8, 1949The British Military Government hands over the Volkswagen works to the trusteeship of the Federal German government. The State of Lower Saxony assumes the administration.

    1 � � 0 — 1 � � �

    March 8, 1950Series production of the Volkswagen Transporter begins in Wolfsburg.

    September 11, 1952“Volkswagen Canada Ltd.” is founded in Toronto.

    March 23, 1953“Volkswagen do Brasil Ltda.” is founded in São Paulo.

    October 1953Volkswagenwerk GmbH has 82 sales agencies outside of Germany, The export business accounts for 44 percent of vehicle production.

    January 1, 1954The domestic sales organization encompasses 66 distributors, 239 dealerships and 531 authorized repair shops.

    August 5, 1955Employees and dealers from home and abroad celebrate the production of the one millionth Volkswagen in Wolfsburg.

    August 1955The Karmann Ghia Coupé goes into production.

    1 � � �

    Vehicle Production

    VOLKSWAGENWERKGMBH

    329,893

    Financial Data (million DM)

    VOLKSWAGENGROUP

    Sales 1,444

    Vehicle Deliveries

    VOLKSWAGENWERKGMBH

    Germany 150,397

    Abroad 177,657

    Total 328,054

    1 � � 0

    Vehicle Production

    VOLKSWAGENWERKGMBH

    90,038

    Financial Data (million DM)

    VOLKSWAGENWERKGMBH

    Sales 411

    Profit 3.8

    Workforce (yearlyaverage)

    VOLKSWAGENWERKGMBH

    Factoryworkers 13,322

    Officeworkers 1,644

    Total 14,966

    Workforce (yearlyaverage)

    VOLKSWAGENWERKGMBH

    Factoryworkers 28,606

    Officeworkers 2,964

    Total 31,570

    �� ��

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mH I S T O R I C A L N OT E S�� ��

    1 � � � — 1 � � 0

    October 27, 1955“Volkswagen of America Inc.” is founded in Newark, New Jersey.

    March 8, 1956After a oneyear period of construction, the new plant in HanoverStöcken starts producing the Transporter.

    June 8, 1956Volkswagenwerk GmbH acquires an interest in the former import agency “South African Motor Assemblers and Distributors Ltd. (SAMAD)”.

    December 1956 42,884 Volkswagen and 6,666 VW Transporter are sold in the USA in the 1956 financial year.

    July 1958Powertrain 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.

    Fall 1959 “Volkswagen of America, Inc.” launches the advertising campaign with the legendary “Think small” and “Lemon” ads.

    1 � � 0 — 1 � � �

    March 11, 1960“Volkswagen France S.A.” is founded in Paris.

    August 22, 1960Based on the “VW Act”, Volkswagenwerk GmbH is transformed into a joint stock company. Up to 15 March 1961, the company issues shares with a nominal value of 360 million DM at a share price of 350 DM.

    September 1961Volkswagen launches the VW 1500 at the International Automobile Show in Frankfurt.

    October 2, 1962The one millionth Volkswagen Transporter rolls off the assembly line at the Hanover plant.

    January 17, 1964“Volkswagen de Mexico, S.A. de C.V.” is established in Mexico City.

    December 8, 1964The 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.

    1 � � �

    Vehicle Production

    VOLKSWAGENGROUP

    1,594,861

    Financial Data (million DM)

    VOLKSWAGENGROUP

    Sales 9,268

    Investments 702

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany 632,671

    Abroad 963,693

    Total 1,596,364

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies 18,625

    Total 125,157

    1 � � 0

    Vehicle Production

    VOLKSWAGENGROUP

    890,673

    Financial Data (million DM)

    VOLKSWAGENGROUP

    Sales 4,607

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany 374,478

    Abroad 514,029

    Total 888,507

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    Total 75,528

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mH I S T O R I C A L N OT E S�� ��

    1 � � � — 1 � � 0

    January 1, 1965Volkswagenwerk AG acquires “AutoUnion GmbH” registered in Ingolstadt; the independent brand widens the model range of the emerging group.

    October 1966“Volkswagen Leasing GmbH” is founded.

    August 1967Series production of the second generation of the Transporter begins at the Hanover plant.

    May 1, 1968 Kurt Lotz becomes Chairman of the Board of Management.

    September 19, 1968A proving ground is opened near EhraLessien; in its final form, the site features over 100 km of test track.

    November 1968 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.

    1 � � 0 — 1 � � �

    July 1970The K 70 rolls off the assembly line at Volkswagen’s new Salzgitter plant.

    October 1, 1971Rudolf Leiding takes over as Chairman of the Board of Management.

    May 1973The Passat, the first model of the new Volkswagen generation, goes into production. It features frontwheel drive, a watercooled 4cylinder engine and a unitary construction allsteel body.

    February 1974The sporty VW Scirocco goes into series production.

    March 29, 1974Series production of the Golf begins in Wolfsburg.

    July 1, 1974At 11.19 a.m. the last of almost 12 million Beetles rolls off the assembly line in Wolfsburg.

    1 � � �

    Vehicle Production

    VOLKSWAGENGROUP

    1,948,939

    Financial Data (million DM)

    VOLKSWAGENKONZERN

    Sales 18,857

    Investments 941

    Loss -157

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany 625,555

    Abroad 1,412,302

    Total 2,037,857

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies 59,157

    Total 176,824

    1 � � 0

    Vehicle Production

    VOLKSWAGENGROUP

    2,214,937

    Financial Data (million DM)

    VOLKSWAGENGROUP

    Sales 15,791

    Investments 1,536

    Profit 407

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany 725,055

    Abroad 1,481,866

    Total 2,206,921

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies 35,421

    Total 190,306

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mH I S T O R I C A L N OT E S�0 �1

    1 � � � — 1 � � 0

    February 10, 1975Toni Schmücker becomes Chairman of the Board of Management.

    March 1975Series production of the Polo begins in Wolfsburg. The automobile is positioned on the small car market as a less expensive version of the nearly identical Audi 50.

    October 27, 1976The one millionth Golf rolls off the assembly line.

    January 1977 The Derby, a notchback version of the Polo, goes into production.

    November 1977Contract with the German Democratic Republic providing for the delivery of 10,000 Golf.

    January 19, 1978 The last Beetle to be built in 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.

    1 � � 0 — 1 � � �

    March 1980The Audi quattro fourwheel drive creates a stir at the Geneva Motor Show.

    May 8, 1980At the Energy Symposium in Wolfsburg, Volkswagen presents the Formula E.

    December 1980“V W Kraftwerk GmbH” is founded in Wolfsburg.

    August 1981Production of the Santana begins. Production of the second generation Polo begins in Wolfsburg.

    January 1, 1982Carl H. Hahn becomes Chairman of the Board of Management.

    September 30, 1982A license agreement for the production of the Volkswagen Passat, Santana and Polo models is signed with “Sociedad Española de Automóviles de Turismo” (SEAT).

    November 1982The V W Caddy city van goes into series production.

    June 1983Production of the second generation Golf begins.

    February 3, 1984The new research centre at the plant in Wolfsburg is inaugurated.

    December 1984Volkswagen acquires the majority of shares in the Italian general importer “Autogerma S.p.A.”

    1 � � �

    Vehicle Production

    VOLKSWAGENGROUP

    2,398,196

    Financial Data (million DM)

    VOLKSWAGENGROUP

    Sales 52,502

    Investments 3,388

    Profit 596

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany 721,812

    Abroad 1,676,192

    Total 2,398,004

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies 88,703

    Total 259,047

    1 � � 0

    Vehicle Production

    VOLKSWAGENGROUP

    2,573,871

    Financial Data (million DM)

    VOLKSWAGENGROUP

    Sales 33,288

    Investments 4,279

    Profit 321

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany 787,591

    Abroad 1,707,156

    Total 2,494,747

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies 99,060

    Total 257,930

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mH I S T O R I C A L N OT E S�2 ��

    1 � � � — 1 � � 0

    January 1, 1985“Audi NSU Auto Union AG” is renamed “AUDI AG”. The registered office moves from Neckarsulm to Ingolstadt.

    April 20, 1985“ShanghaiVolkswagen Automotive Company Ltd.” is established. Volkswagenwerk AG has a 50 percent share in the GermanChinese joint venture.

    July 4, 1985The name of the company is changed to “Volkswagen AG”.

    September 1, 1985 Series production of the Santana begins in China.

    June 18, 1986Volkswagen AG acquires 51 percent of the capital stock of SEAT and increases its share to 75 percent by the end of the year.

    January 1988 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.

    1 � � 0 — 1 � � �

    February 6, 1991“FAWVolkswagen Automotive Company Ltd.” is established in Changchun.

    April 16, 1991Volkswagen AG acquires “SKODA, automobilovà a.s.”, which is integrated into the VW Group as the fourth brand. The wellrespected traditional Czech company marketed its first automobiles in 1905.

    June 24, 1991“AutoEuropa Automóveis Lda.” is established in Setubal, Portugal, for the production of a multipurpose vehicle (MPV).

    January 1, 1993Ferdinand Piëch becomes Chairman of the Board of Management.

    February 18, 1993“AUDI HUNGARIA MOTOR Kft.” registered in Györ is established to produce engines.

    January 1, 1994“Volkswagen Finanz GmbH” established three years earlier is renamed “Volkswagen Financial Services AG.”

    March 1994Audi presents the Audi A8, its sporty topclass limousine featuring the brilliantly innovative lightweight aluminum construction.

    1 � � �

    Vehicle Production

    VOLKSWAGENGROUP

    3,408,422

    Financial Data (million DM)

    VOLKSWAGENGROUP

    Sales 88,119

    Investments 6,863

    Profit 336

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany 937,323

    Abroad 2,504,623

    Total 3,441,946

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies 117,147

    Total 259,342

    1 � � 0

    Vehicle Production

    VOLKSWAGENGROUP

    3,057,598

    Financial Data (million DM)

    VOLKSWAGENGROUP

    Sales 68,061

    Investments 5,372

    Profit 1,086

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany 945,384

    Abroad 2,084,795

    Total 3,030,179

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies 95,934

    Total 268,744

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mH I S T O R I C A L N OT E S�� ��

    December 1997“Volkswagen de México” starts production of the New Beetle.

    April 1998Assembly of the Audi TT as part of a production network with the Ingolstadt plant begins at “AUDI HUNGARIA MOTOR Kft.”

    July 1998Acquisition of “Bugatti International S.A. Holding” and “Bentley Motor Cars Ltd.”, whose automobile tradition goes back as far as 1919.

    September 1998“Audi AG” acquires the Italian sports car manufacturer “Lamborghini S.p.A.”

    July 1999Volkswagen makes automobile history with the start of the Lupo 3L TDI, the world’s first standard production 3liter vehicle.

    December 23, 1999The assembly company “SKODA Auto India Private Ltd.” is established in Aurangabad.

    2 0 0 0

    March 2000With an initial stake of 18.7% in the Swedish commercial vehicle manufacturer Scania AB, Volkswagen expands its involvement in the commercial vehicles sector. The stake brings 34% of voting rights.

    March 2000The third car factory built by Shanghai Volkswagen with a press shop, body shop, paint shop and assembly shop starts production of the Passat.

    May 2000Audi presents the allroad Quattro which combines the comfort and dynamics of the top class with the sovereign offroad performance of an SUV.

    June 1, 2000The “Autostadt” opens in Wolfsburg.

    September 2000Audi acquires “Autogerma S.p.A.”, the sales company registered in Verona.

    September 2000Škoda presents the smart Fabia Combi, aimed particularly at new customer groups in Western Europe, at the Paris Motor Show.

    2 0 0 0

    Vehicle Production

    VOLKSWAGENGROUP

    (thousands) 5,156

    Financial Data (million €)

    VOLKSWAGENGROUP

    Sales 81,835

    Investments 14,563

    Profit 2,614

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany(thousands) 1,019

    Abroad(thousands) 4,146

    Total (thousands) 5,165

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies(thousands) 160.3

    Total (thousands) 324.4

    1 � � � — 1 � � �

    July 4, 1995The “Volkswagen Nutzfahrzeuge” (Commercial Vehicles) brand is introduced.

    November 17, 1995Volkswagen Argentina S.A. commissions its new production plant, which initially builds the Golf and Polo models, in Pacheco near Buenos Aires.

    September 3, 1996Skoda commissions a new assembly hall for the efficient production of the Octavia in Mladá Boleslav, Czech Republic.

    September 1996The fifth generation of the Passat sedan with a rounded roof line goes into production in Emden. The Zwickau plant follows suit in October. Production of the Variant, in which Volkswagen introduces the newly developed 2.3 liter VR5 engine with 150 horsepower, begins in March 1997.

    August 1997At the Wolfsburg site the fourth Golf generation goes into production: the body design with a long roof, sharp dropoff tail and robust Cpillar is reminiscent of the Golf 1. Immaculate in appearance, with reduced gap widths, flush assembly and harmonious joining lines, the new Golf sets the highest quality standards.

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mH I S T O R I C A L N OT E S�� ��

    2 0 0 1

    January 1, 2001“Volkswagen Group Australia Pty. Ltd.”, the import company established in Alexandria, begins operating as an independent company to develop the Australian market. In 2007, sales increase by over 26 percent, rising to more than 34,900 vehicles.

    Summer 2001The new engine development center in Györ, Hungary, opens.

    August 16, 2001 “Auto 5000 GmbH” with its new wage system is established at the Wolfsburg site to build the “Touran” under competitive conditions.

    September 2001The Skoda Superb debuts at the IAA Motor Show in Frankfurt.

    December 11, 2001The “Gläserne Manufaktur” is opened in Dresden and production of the Phaeton begins.

    2 0 0 2

    April 16, 2002Bernd Pischetsrieder becomes Chairman of the Board of Management of Volkswagen AG.

    June 2002 Assembly of the Skoda Fabia begins in Solomonovo, Ukraine.

    July 2002 Audi wins Le Mans 24 Hours.

    August 2002Series production of the Touareg begins at Volkswagen Slovakia, a.s. in Bratislava. Volkswagen successfully develops a new market segment with the topclass SUV. The vehicle was developed in cooperation with Dr.Ing. h.c. F. Porsche AG.

    August 2002 Series production of the New Beetle Convertible begins at the Puebla plant in Mexico.

    December 2002Series production of the Touran starts.

    2 0 0 2

    Vehicle Production

    VOLKSWAGENGROUP

    (thousands) 5,023

    Financial Data (million €)

    VOLKSWAGENGROUP

    Sales 86,948

    Investments 16,016

    Profit 2,597

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany(thousands) 908

    Abroad(thousands) 4,088

    Total (thousands) 4,996

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies(thousands) 157.9

    Total (thousands) 324.9

    2 0 0 1

    Vehicle Production

    VOLKSWAGENGROUP

    (thousands) 5,108

    Financial Data (million €)

    VOLKSWAGENGROUP

    Sales 88,540

    Investments 15,191

    Profit 2,926

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany(thousands) 968

    Abroad(thousands) 4,139

    Total (thousands) 5,107

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies(thousands) 155.7

    Total (thousands) 322.1

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mH I S T O R I C A L N OT E S�� ��

    2 0 0 �

    March 2003The fifth generation Transporter goes into production.

    July 30, 2003The last Beetle rolls off the assembly line at the Puebla plant. In total, Volkswagen produced 21,529,464 units of this legendary model.

    August 2003 Production of the fifth generation Golf begins.

    November 2003Volkswagen Commercial Vehicles covers the city van market segment with the Caddy built by “Volkswagen Poznań”.

    2 0 0 �

    April 21, 2004Volkswagen AG acquires a 50 percent share in “LeasePlan Corporation N.V.” and expands its range of mobility services.

    August 2004The new Skoda Octavia goes into production in Mladá Boleslav.

    December 2004 Production of the Jetta begins at the Puebla plant in Mexico.

    2 0 0 �

    March 11, 2005The sixth generation Passat limousine is launched, the successful Variant model follows on August 19.

    May 24, 2005The one hundred millionth Volkswagen, a Touran, leaves the assembly line at the Wolfsburg plant.

    September 15, 2005The Bugatti Veyron takes to the road. The technical wonder from the 1001hp world in Molsheim, Alsace, transforms the masterly engineering craftsmanship of the automotive visionary Ettore Bugatti into contemporary automotive performance.

    September 21, 2005Production of Volkswagen Commercial Vehicles’ new “Constellation” truck family begins in Resende, Brazil. The seven to fortytonne trucks hold a 33 percent share of the market in Brazil.

    October 10, 2005The Supervisory Board welcomes the decision by Dr.Ing h. c. F. Porsche Aktiengesellschaft to acquire an initial approx. 20% of the ordinary shares of Volkswagen AG: the stake in voting capital is raised to more than 25% on November 13, 2006.

    2 0 0 �

    Vehicle Production

    VOLKSWAGENGROUP

    (thousands) 5,219

    Financial Data (million €)

    VOLKSWAGENGROUP

    Sales 93,996

    Investments 10,365

    Profit 1,050

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany(thousands) 1,019

    Abroad(thousands) 4,174

    Total (thousands) 5,193

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies(thousands) 166

    Total (thousands) 345

    2 0 0 � - 2 0 0 �

    Vehicle Production

    VOLKSWAGENGROUP 2003 2004

    (thousands) 5,021 5,093

    Financial Data (million €)

    VOLKSWAGENGROUP 2003 2004

    Sales 84,813 88,963

    Investments 15,464 15,078

    Profit 1.003 697

    Vehicle Deliveries

    VOLKSWAGENGROUP 2003 2004

    Germany(thousands) 916 940

    Abroad(thousands) 4,100 4,203

    Total (thousands) 5,016 5,143

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP 2003 2004

    EmployeesinforeignGroupcompanies(thousands) 161 164

    Total (thousands) 335 343

  • H I S T O R I C A L N OT E S w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m�0 �1

    2 0 0 �

    March 3, 2006Series production of the Roomster, much acclaimed for its clever space concept, starts at the Skoda plant in Kvasiny.

    March 10, 2006Market launch of the Audi Q7, the thirdgeneration luxury SUV; 52,750 vehicles had already been sold by the end of the year.

    March 15, 2006The Supervisory Board approves the sale of Europcar. With effect from May 31, 2006, the Europcar group is no longer part of the consolidation. gedas AG had already been sold effective January 1, 2006 and Volkswagen Bordnetze GmbH is sold on 27 March, 2006.

    May 19, 2006The Volkswagen Eos, the new convertiblecoupé, is launched on the German market.

    October 3, 2006Volkswagen acquires an initial 15.06 % stake in MAN Aktiengesellschaft.

    November 1, 2006The collective bargaining agreement between Volkswagen AG and IG Metall providing for a working time corridor with a ceiling of 34 hours comes into force. At the same time, production volumes are agreed for the six traditional plants in order to improve capacity utilization and safeguard jobs.

    2 0 0 �

    Vehicle Production

    VOLKSWAGENGROUP

    (thousands) 5,660

    Financial Data (million €)

    VOLKSWAGENGROUP

    Sales 104,875

    Investments 11,911

    Profit 1,955

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany(thousands) 1,093

    Abroad(thousands) 4,627

    Total (thousands) 5,720

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies(thousands) 155

    Total (thousands) 329

    2 0 0 �

    January 1, 2007Dr. Martin Winterkorn becomes Chairman of the Board of Management of Volkswagen Aktiengesellschaft.

    March 23, 2007The 25 millionth Golf, a Golf Sportline 1.4 TSI, leaves the assembly line at the Wolfsburg plant.

    July 9, 2007The Autostadt in Wolfsburg delivers its one millionth vehicle.

    October 5 - 7, 2007International VW Bus Meeting in Hanover to celebrate “60 Years of the Bulli”.

    November 9, 2007The 15 millionth Passat to be built worldwide leaves the assembly line at the Emden plant.

    November 28, 2007Assembly of Volkswagen and Škoda models begins at the plant in Kaluga, Russia, where the foundation stone was laid on October 28, 2006.

    December 5, 2007Volkswagen unveils the “New Small Family”, presenting three versions of the up! concept car at the Bologna Motor Show.

    2 0 0 �

    Vehicle Production

    VOLKSWAGENGROUP

    (thousands) 6,213

    Financial Data (million €)

    VOLKSWAGENGROUP

    Sales 108,897

    Investments 13,497

    Profit 4,122

    Vehicle Deliveries

    VOLKSWAGENGROUP

    Germany(thousands) 1,030

    Abroad(thousands) 5,162

    Total (thousands) 6,192

    Workforce (yearlyaverage)

    VOLKSWAGENGROUP

    EmployeesinforeignGroupcompanies(thousands) 154

    Total (thousands) 329

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mTH E CU RRENT MODEL RANGE OF TH E VOLKSWAGEN GROU P ���2

    March 3, 2008March 3, 2008

    V O L K S WA G E N V O L K S WA G E N

    Suran (Argentina)

    CrossPolo

    Polo

    Polo Classic (Argentina)

    GolfCrossFox (Brazil)Fox

    Polo Sedan (China) Gol (Brazil)

    Citi Golf (South Africa)

    CrossGolf

    New Beetle

    Golf Plus

    Golf Variant

    Golf 4 (China)

    Parati (Brazil)

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o mTH E CU RRENT MODEL RANGE OF TH E VOLKSWAGEN GROU P ����

    March 3, 2008March 3, 2008

    V O L K S WA G E N V O L K S WA G E N

    Bora (Argentina)

    Jetta Passat

    Bora HS (China)

    Scirocco

    Passat Variant

    Eos

    Passat 5 (China)Jetta A2 (China)

    Santana (China)Santana Vista (China)

    CrossTouranTouran

    New Bora (China)

    New Beetle Cabriolet

    Passat Lingyu (China)

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m ��

    February 19, 2008

    TH E CU RRENT MODEL RANGE OF TH E VOLKSWAGEN GROU P��

    March 3, 2008

    V O L K S WA G E N A U D I

    Passat CC

    Tiguan Touareg

    Phaeton

    Sharan Routan (North America) A3

    A3 Cabriolet

    A4

    A4 Cabriolet

    A3 Sportback

    S3

    A4 Avant

    S4 Cabriolet

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m ��

    February 19, 2008

    TH E CU RRENT MODEL RANGE OF TH E VOLKSWAGEN GROU P��

    February 19, 2008

    A U D I A U D I

    RS6 Avant

    A8 L

    Q7

    TT Coupé

    A8

    S8

    R8

    TT Roadster

    RS4 Cabriolet

    S5

    A5

    A6

    A6 Avant

    S6

    A6 allroad quattro

    S6 Avant

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m �1

    December 31, 2007

    TH E CU RRENT MODEL RANGE OF TH E VOLKSWAGEN GROU P�0

    A U D I February 19, 2008 L A M B O R G H I N I

    Bentley Arnage

    Bentley Continental Flying Spur

    Bentley Continental GTC

    Bentley Azure Convertible

    Bentley Continental GT

    Bentley Brooklands

    B E N T L E Y December 31, 2007

    TTS Coupé TTS Roadster Gallardo

    Gallardo LP560/4

    Murciélago

    Gallardo Spyder

    Murciélago Roadster

    Murciélago LP640 Murciélago Roadster LP640

    Bugatti Veyron 16.4

    B U G AT T I

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m ��

    December 31, 2007

    Altea Freetrack

    New Fabia

    Fabia Sedan

    New Fabia Combi

    Octavia

    ã K O D A

    Alhambra

    TH E CU RRENT MODEL RANGE OF TH E VOLKSWAGEN GROU P�2

    December 31, 2007

    S E AT

    Ibiza

    Córdoba

    León Cupra

    Altea

    Ibiza Cupra

    León

    Toledo

    Altea XL

    S E AT

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m ��

    February 1, 2008

    Caddy Panel Van

    Caddy (Argentina)

    Praktik

    Caddy Kombi

    Caddy Life

    V O L K S WA G E N C O M M E R C I A L V E H I C L E S

    TH E CU RRENT MODEL RANGE OF TH E VOLKSWAGEN GROU P��

    December 31, 2007

    Roomster Scout

    ã K O D A

    Octavia Combi

    Roomster

    Octavia Combi Scout 4x4

    Octavia Combi Tour Octavia RS

    New SuperbSuperb

    ã K O D A

  • w w w.v o l k s w a g e n - m e d i a - s e r v i c e s . c o m ��

    February 1, 2008

    Transporter Dropside

    Worker (Brazil)

    Crafter Dropside

    Busses (Brazil)

    Kombi (Brazil)

    Crafter Kombi

    Crafter Panel Van

    Transporter Panel Van

    TH E CU RRENT MODEL RANGE OF TH E VOLKSWAGEN GROU P��

    February 1, 2008

    Caddy Maxi Life Saveiro (Brazil)

    V O L K S WA G E N C O M M E R C I A L V E H I C L E S

    Transporter Shuttle

    Multivan

    Caravelle

    Caddy Maxi Kombi

    California

    Caddy Maxi Panel Van

    V O L K S WA G E N C O M M E R C I A L V E H I C L E S

  • TH E CU RRENT MODEL RANGE OF TH E VOLKSWAGEN GROU P��

    February 1, 2008

    V O L K S WA G E N C O M M E R C I A L V E H I C L E S

    Constellation (Brazil)Delivery (Brazil)

    Volkswagen AGKonzernKommunikationBrieffach197238436Wolfsburg

    872.802.424.20PrintedinGermany