Frankfurt, 20th January 2020
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Anleitung zum Einbinden eines Vollbildes Die Wortmarkenbox bleibt sichtbar, das Bild wird nicht verzerrt Für Titelfolie, Kapiteltrenner- und Vollflächenbilder 1. Das aktuelle Bild per Klick anwählen und löschen. 2. Ein Bild-Icon erscheint in der Mitte des Bild-Platzhalters. Dieses anklicken und das gewünschte Bild auswählen. Unicredit Kepler Cheuvreux 3. Ansicht „Zuschneiden“ mit Rechtsklick auf das Bild erzeugen. German Corporate Conference 4. In der Ansicht „Zuschneiden“ kann das Bild vergrößert Dr. Jens Effenberger, Head of Group Sales Steering bzw. verkleinert werden und durch Verschieben den gewünschten Bildausschnitt festgelegt werden. 5. Legen Sie das Bild in den Hintergrund. Frankfurt, 20th January 2020 HINWEIS: Um Bilder nicht zu verzerren, bitte ausschließlich die weißen, runden Anfasser an den Bildecken benutzen und gleichzeitig die Shift-Taste drücken.
Disclaimer The following presentations contain forward-looking statements and information on the business development of the Volkswagen Group. These statements may be spoken or written and can be recognized by terms such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “will” or words with similar meaning. These statements are based on assumptions, which we have made on the basis of the information available to us and which we consider to be realistic at the time of going to press. These assumptions relate in particular to the development of the economies of individual countries and markets, the regulatory framework and the development of the automotive industry. Therefore the estimates given involve a degree of risk, and the actual developments may differ from those forecast. The Volkswagen Group currently faces additional risks and uncertainty related to pending claims and investigations of Volkswagen Group members in a number of jurisdictions in connection with findings of irregularities relating to exhaust emissions from diesel engines in certain Volkswagen Group vehicles. The degree to which the Volkswagen Group may be negatively affected by these ongoing claims and investigations remains uncertain. Consequently, a negative impact relating to ongoing claims or investigations, any unexpected fall in demand or economic stagnation in our key sales markets, such as in Western Europe (and especially Germany) or in the USA, Brazil or China, and trade disputes among major trading partners will have a corresponding impact on the development of our business. The same applies in the event of a significant shift in current exchange rates in particular relative to the US dollar, sterling, yen, Brazilian real, Chinese renminbi and Czech koruna. If any of these or other risks occur, or if the assumptions underlying any of these statements prove incorrect, the actual results may significantly differ from those expressed or implied by such statements. We do not update forward-looking statements retrospectively. Such statements are valid on the date of publication and can be superseded. This information does not constitute an offer to exchange or sell or an offer to exchange or buy any securities. 21.01.2020 2
Volkswagen Group – Deliveries to Customers by Brands1) (January to December 2019 vs. 2018) [thsd. units] +1,3% January – December 2018 11.000 10.834 10.975 January – December 2019 Volume Premium Sport & Luxury Truck & Bus 10.000 +0,8 % +2,0 % +9,4 % +4,0 % 9.000 8.000 +0,5% 7.000 6.245 6.278 6.000 5.000 4.000 +1,8% 3.000 -0,9% 2.000 +10,9% -1,6% 1.812 1.846 1.254 1.243 +9,6% +4,6% +3,1% +42,7% +4,9% 1.000 518 574 500 492 256 281 137 143 96 99 6 8 11 11 0 Volkswagen Nutzfahrzeuge 1) Volkswagen Group excl. Ducati 21.01.2020 3
Development World Car Market vs. Volkswagen Group Car Deliveries to Customers 1) (Growth y-o-y in deliveries to customers, January to December 2019 vs. 2018) Car Market VW Group Car Market VW Group Car Market VW Group +4,8% 2,7% +0,6% 1,2% -0,5% -2,3% North America (incl. LCV) Western Europe Central & Eastern Europe Car Market VW Group Car Market VW Group Car Market VW Group +1,8% 1,3% -0,2% -4,0% -5,0% -6,0% South America (incl. LCV) World 2) Asia Pacific 1) Volkswagen Group Passenger Cars excl. Volkswagen Commercial Vehicles 2) incl. LCV in North America & South America 21.01.2020 4
Passenger Car Market Forecast 2020 [mil. units] -2% -2% 20,8 20,4 20,0 +4% 14,3 14,2 13,9 3,4 3,5 3,6 2018 2019 2020 2018 2019 2020 2018 2019 2020 North America (incl. LCV) Western Europe Central & Eastern Europe 0% 83,6 80,0 80,1 +1% 36,6 34,3 34,7 +2% 4,6 4,4 4,5 2018 2019 2020 2018 2019 2020 2018 2019 2020 South America (incl. LCV) World 1) Asia Pacific 1)) incl. LCV in North America & South America 21.01.2020 5
Volkswagen Group – SUV Mix Strong Increase Will Continue in the Near Future Volkswagen Group* - SUV share 2014 - 2025 (in % of regional Group Deliveries to Customers) > 50% ≈ 50% >50% Worldwide: ≈ 13% 12% 14% >65% 17% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Europe China NAR * excl. Ducati Source: PR 68.OP 21.01.2020 6
To ensure future profits, we drive a fundamental transformation towards electrification and digitalisation Transformation 1 Electrical transformation: Battery electric vehicles Commitment to Paris goals 2050 Conventional platforms Software & electric platforms Transformation Digital transformation: 2 We will become a leading Fully networked vehicles and autonomous driving automotive software company 21.01.2020 7
BEVs are the first choice as the most cost-efficient solution for CO2 reduction… Measures for CO2 reduction in €/g CO2 95 €/g CO2 #1 Diesel ICE Gasoline ICE Gasoline ICE Gasoline ICE BEV MEB 1st BEV MEB 2nd EU7 Hybrid Mild Hybrid Plug-In Generation Generation Hybrid * Example Volkswagen Brand: Ranking CO2 efficiency indicators (average) for selected CO2 measures 21.01.2020 8
…therefore we based our strategy on dedicated BEV platforms already in 2015 1st wave 2nd wave Our advantage 26 m. cars • Strong group position in EU/CN Mission E Cross Turismo MEB Entry Family guarantees scale effects • Early decisions on dedicated BEV ~ 33 bn. invest e-tron GT platforms unleash value ID. Buzz • Multi-brand platforms in ID.3 dedicated plants provide efficiencies Battery supply secured Vision E ID. Vizzion e-tron Sportback concept 3 World regions Taycan China, USA, Europe e-tron ID. Crozz 21.01.2020 9
Based on strong customer interest, we will significantly increase our BEV deliveries Volkswagen Group – BEV volume by regions (BEV share of total Group Deliveries in %) > 20% ≈ 3 mn units Europe China NAR RoW e-tron e-Bora ID.3 e-Mii Taycan e-Lavida el-Born e-Citigo Q2L e-tron Moia Shuttle e-tron SB Taycan Cross Turismo eTGE e-Tharu Vision iV ID.Crozz ≈ 4% ≈ 1% 2019 2020 2021 2022 2023 2024 2025 21.01.2020 10
Our dedicated BEV strategy enables us to meet CO2 requirements 21.01.2020 11
Model highlights in 2020 BEV models Volkswagen ID.3 Volkswagen ID.CROZZ Audi e-tron Sportback SEAT el-born 21.01.2020 12
Model highlights in 2020 Volkswagen Golf Volkswagen T-Roc Cabrio Audi S8 ŠKODA Octavia 21.01.2020 13
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