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Interim Report
January - September 2020

Results third quarter 2020

On October 29, 2020 the Volkswagen Group published its results for the third quarter 2020.

Press Audio Webcast and Conference Call

at 9:00 a.m. CET hosted by

    • Frank Witter, Chief Financial Officer of Volkswagen Aktiengesellschaft
    • Dr. Christian Dahlheim, Head of Group Sales of Volkswagen Aktiengesellschaft

Investor / Analyst Audio Webcast and Conference Call

at 2:00 p.m. CET hosted by

    • Frank Witter, Chief Financial Officer of Volkswagen Aktiengesellschaft
    • Dr. Christian Dahlheim, Head of Group Sales of Volkswagen Aktiengesellschaft

Dokumente

3 Documents

Volkswagen Group returns to profitability

Press Release

The Volkswagen Group’s business was heavily impacted by the Covid-19 pandemic in first nine months of 2020, but recovered noticeably in the third quarter. This means that the declines in deliveries, sales revenue and profit as of the end of September were significantly more moderate than at the half-year mark. The countermeasures initiated worldwide to cut costs, secure liquidity and decrease the funds tied up in working capital had as much of an impact as the continuing improvements in the situation in key sales markets.

The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.