Navigator 2011.Web150dpi Englisch

8/3/2019 Navigator 2011.Web150dpi Englisch

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NAVIGATOR2011FACTSANDFIGURES

Experience D[r]iversity.


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TA B L E O F C O N T E N T S

Table of Contents 1

The Volkswagen Group 2Board of Management of Volkswagen AG 4Supervisory Board 5

Key Figures 6

Five-Year Review 8

Volkswagen Share Key Figures 10Share Price Development from Dec. 2005 to Dec. 2010 12

Significant Group Companies 14

Production Network 16 Germany 16 Europe 18

North/SouthAmericaandSouthAfrica 22

Asia/Pacific 23

Environment and Transport 25

Deliveries to Customers 26

Competitive Situation 33 MarketSharesofNewPassengerCar

RegistrationsbyCountry 33

NewPassengerCarRegistrationsbyMarket 34Developments in Workforce 36Employees in Technical Development 40

General Procurement Information 42

ProcurementVolumesbyBrandandCompany 42Organizational Charts 43 VolkswagenPassengerCars 43

Audi 44

SEAT 45

koda 46

VolkswagenCommercialVehicles

47

Bentley 48

Bugatti 49 Lamborghini 50

Scania 51

VolkswagenFinancialServicesAG 52

Historical Notes 54

The Model Range of the Volkswagen Group 76 VolkswagenPassengerCars 76 Audi 84 SEAT 89

koda 92 VolkswagenCommercialVehicles 96

Bentley 100

Bugatti 101 Lamborghini 102

Scania 103

1


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T H E V O L K S WA G E N G R O U P

The Volkswagen Group with its headquarters in Wolsburg is

one o the worlds leading automobile manuacturers and the

largest carmaker in Europe. In 2010, the Group increased the

number o vehicles delivered to customers to 7.203 million

(2009: 6.336 million), corresponding to a 11.4 percent share

o the world passenger car market.

In Western Europe just over one in ive new cars (21.0 percent)

comes rom the Volkswagen Group. Group sales came in 2010

to 126,9 billion euros (2009: 105.2 billion). Proit ater tax

in the 2010 inancial year amounted to 7.2 billion euros

(2009: 0.9 billion).

The Group is made up o nine brands rom seven European

countries: Volkswagen, Audi, SEAT, Skoda, Volkswagen

Commercial Vehicles, Bentley, Bugatti, Lamborghini and

Scania.

2


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w w w . v o l k s w a g e n a g . c o m

December 31, 2010

3

Each brand has its own character and operates as an in

dependent entity on the market. The product range extends

rom low consumption small cars to luxury class vehicles.

In the commercial vehicle sector, the product oering spans

pick ups, buses and heavy trucks.

From the irst quarter o 2011 the Group operates 62 produc

tion plants* in iteen European countries and a urther seven

countries in the Americas, Asia and Arica. Around the world,

nearly 400,000 employees produce about 30,000 vehicles or

are involved in vehicle related services each working day.

The Volkswagen Group sells its vehicles in 153 countries.

It is the goal o the Group to oer attractive, sae and

environmentally sound vehicles which are competitive

on an increasingly tough market and which set world

standards in their respective classes.

* TheproductionplantsChattanoogaandOsnabrck

willstartproductioninspring2011 andarethereforecountedasactiveproductionplants.
http://www.volkswagenag.com/irhttp://www.volkswagenag.com/ir


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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

December 31, 2010

4


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S U P E R V I S O R Y B O A R D w w w . v o l k s w a g e n a g . c o m

December 31, 2010

5

Hon.-Prof. Dr. techn. h.c.Dipl.-Ing. ETH

Ferdinand K. Pich

Chairman

Berthold Huber

DeputyChairman,

FirstChairmanofIGMetall

Dr. Hussain Ali Al-Abdulla

ViceChairmanofQuatarHolding

Jrg Bode

MinisterofEconomicAffairs,Labor

andTransportfortheFederalState

ofLowerSaxony

Dr. jur. Michael Frenzel

Chairmanofthe

BoardofManagementofTUIAG

Babette Frhlich

IGMetall,HeadofStrategicPlanning

Dr. jur. Hans Michael Gaul

Dr. Ing. Jrgen Gromann

ChairmanoftheBoardofManage

mentofRWEAG;Partner,Georgs

marienhtteHoldingGmbH

Peter Jacobs

ChairmanoftheWorksCouncilat

theVolkswagenAGEmdenplant

David McAllister

Minister Presidentofthe

FederalStateofLowerSaxony

Hartmut Meine

DirectoroftheLowerSaxonyand

Saxony AnhaltRegionalOfceofIGMetall

Peter MoschChairmanoftheGeneralWorks

CouncilofAUDIAG

Bernd Osterloh

ChairmanoftheGeneralandGroup

WorksCouncilsofVolkswagenAG

Dr. jur. Hans Michel Pich

Lawyerinprivatepractice

Dr. jur. Ferdinand Oliver Porsche

MemberoftheBoardof

ManagementofFamiliePorscheAG

Beteiligungsgesellschaft

Dr. rer. comm. Wolfgang Porsche

ChairmanoftheSupervisoryBoard

ofPorscheAutomobilHoldingSE;

ChairmanoftheSupervisoryBoard

ofDr.Ing.h.c.F.PorscheAG

Wolfgang Ritmeier

ChairmanoftheBoardofManage

mentofVolkswagenManagement

Association(VMA)

Jrgen Stumpf

ChairmanoftheWorksCouncilat

theVolkswagenAGKasselplant

Bernd Wehlauer

DeputyChairmanoftheGeneral

andGroupWorksCouncilsof

VolkswagenAG

Thomas ZwieblerChairmanoftheWorksCouncil,



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K E Y F I G U R E S

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

Operatingprofit

Profitbeforetax

Profitaftertax

ProfitattributabletoshareholdersofVolkswagenAG

Cashflowsfromoperatingactivities

Cashflowsfrominvestingactivities

AutomotiveDivision2

EBITDA3

Cashflowsfromoperatingactivities

Cashflowsfrominvestingactivities

ofwhich:investmentsinproperty,plant

andequipment

asapercentageofsalesrevenue

capitalizeddevelopmentcosts

asapercentageofsalesrevenue

Netcashflow

NetliquidityatDec.31

2010

7,278,440

7,357,505

399,381

2010

126,875

7,141

8,994

7,226

6,835

11,455

9,278

13,940

13,930

9,095

5,656

5.0

1,667

1.5

4,835

18,639

2009

6,309,743

6,054,829

368,500

2009

105,187

1,855

1,261

911

960

12,741

10,428

8,005

12,815

10,252

5,783

6.2

1,948

2.1

2,563

10,636

%

+ 15.4

+21.5

+ 8.4

%

+ 20.6

x

x

x

x

10.1

11.0

+ 74.1

+8.7

11.3

2.2

14.4

+ 88.6

+ 75.2

Return ratios in %Returnonsalesbeforetax

Returnoninvestmentaftertax

(AutomotiveDivision)

Returnonequitybeforetax

(FinancialServicesDivision)5

2010

7.1

13.5

12.9

2009

1.2

3.8

7.9

6


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December 31, 2010

Volume Data

Vehiclesales(units)

Production(units)

EmployeesatDec.317

Financial Data (HGB),million

Sales

Netincomefortheyear

V O L K S W A G E N A G

2010

2,309,648

1,100,186

94,787

2009

2,053,427

1,038,344

95,164

%

+12.5

+6.0

0.4

2010

57,243

1,550

2009

47,864

1,082

%

+19.6

+43.3

1) VolumedataincludingtheunconsolidatedChinesejointventures.

Employeesin2009notincludingChinesecomponentplants.

2) Includingallocationofconsolidationadjustmentsbetween

theAutomotiveandFinancialServicesdivisions.

3) Operatingprofitplusnetdepreciation/amortizationandimpairmentlosses/reversals

ofimpairmentlossesonproperty,plantandequipment,capitalizeddevelopmentcosts,

leasingandrentalassets,goodwillandfinancialassetsasreportedinthecashflowstatement.

4) Excludingacquisitionanddisposalofequityinvestments:7,034million(7,585million).

5) Profitbeforetaxasapercentageofaverageequity.

7


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F I V E - Y EA R R E V I E W

Volume Data (thousands)

Vehicle Sales (units)

Germany

Abroad

Production (units)

Germany Abroad

Employees(yearlyaverage)

Germany

Abroad

Financial Data (in million )

Sales revenue

Profit before tax

Profit after tax

Cash flows from operating activities*

Cash flows from investing activities*

* 2008 and 2007adjusted.

8


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December 31, 2010

9

2006

5,720

1,093

4,627

5,660

1,935

3,725

329

174

155

2006

104,875

1,793

1,955

14,470

11,911

2007

6,192

1,030

5,162

6,213

2,086

4,127

329

175

154

2007

108,897

6,543

4,122

9,308

7,120

2008

6,272

1,013

5,259

6,347

2,146

4,201

357

178

179

2008

113,808

6,608

4,688

2,702

11,613

2010

7,278

1,059

6,219

7,358

2,115

5,243

389

178

210

2010

126,875

8,994

7,226

11,455

9,278

2009

6,310

1,288

5,022

6,055

1,938

4,117

367

173

194

2009

105,187

1,261

911

12,741

10,428


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V O L K S W A G E N S H A R E K E Y F I G U R E S

Dividend development

Numberofno parvaluesharesatDec. 31

Ordinaryshares

Preferredshares

Dividend

perordinaryshare

perpreferredshare

Share price development 1

Ordinaryshares

Closing

Annualhigh

Annuallow

Preferredshares

Closing Annualhigh

Annuallow

MarketcapitalizationatDec.31

EquityatDec.31

Ratioofmarketcapitalizationtoequity

Key figures per share

Earningsperordinaryshare

basic

diluted

Operatingprofit3

Cashflowsfromoperatingactivities3

Equity4

Price/earningsratio5

Price/cashflowratio5

Dividendyield

ordinaryshare

preferredshare

Pricedevelopment(excludingdividends)

ordinaryshare

preferredshare

Turnover on German stock exchanges 6

TurnoverofVolkswagenordinaryshares

VolkswagenshareoftotalDAXturnover

thousands

thousands

billion

billion

factor

factor factor

%

%

%

%

billion

millionshares

%

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

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2007

291,337

105,238

1.80

1.86

2007

156.10

197.90

82.60

100.00131.00

54.14

56.0

31.9

1.75

2007

10.43

10.34

15.60

39.72

80.38

15.03.9

1.2

1.9

+ 81.7

+ 76.8

2007

103.1

877.3

5.3

2008

294,920

105,238

1.93

1.99

2010

295,046

170,143

2.20

2.26

2009

295,005

105,238

1.60

1.66

2008

250.00

945.00

148.43

38.02108.30

29.30

77.7

35.0

2.22

2010

105.90

118.50

62.30

121.40136.90

55.83

51.9

46.0

1.13

2009

77.00

298.85

72.41

65.7481.72

30.24

29.6

35.3

0.84

2008

11.92

11.88

15.91

27.13

87.49

21.09.2

0.8

5.2

+ 60.2

62.0

2010

15.17

15.17

15.87

25.46

98.84

7.04.2

2.1

1.9

+ 37.5

+ 84.7

2009

2.37

2.37

4.64

31.84

88.15

32.52.4

2.1

2.5

69.2

+ 72.9

2008

136.5

562.8

8.0

2010

6.3

81.4

3.27

2009

23.5

129.6

3.27

2006

286,980

105,238

1.25

1.31

2006

85.89

85.89

45.10

56.5556.55

32.85

30.6

26.9

1.14

2006

7.07 2

7.04 2

5.18

37.32

68.59

12.12.3

1.5

2.3

+ 92.5

+ 74.0

2006

50.5

770.4

3.9


December 31, 2010

4)BasedonthetotalnumberofordinaryandpreferredsharesonDecember31.5)Usingclosingpricesoftheordinaryshares.6)OrderbookturnoveronGermanexchanges.7)OnDecember23, 2009,preferredsharesreplacedordinarysharesintheDAX.

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SHARE PRICE DEVELOPMENT FROM DEC. 2005 TO DEC. 2010

Index based on month-end prices:

Dec. 31, 2005 = 100

December2005

March2006

June2006

September2006

December2006

March2007

June2007

September2007

December2007

March2008

100

0

200

300

400

500

600

700

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December 31, 2010

Volkswagen preferred share

DJ Euro STOXX 50

German Share Index (DAX)

Volkswagen ordinary share

DJ Euro STOXX Automobile

September2008

December2008

March2009

June2009

September2009

December2009

March2010

June2010

September2010

December2010

June2008

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S I G N I F I C A N T G R O U P C O M PA N I E S

December 31, 2010

VOLKSWAGENAG,WolfsburgVolkswagenSachsenGmbH,Zwickau 100.00VOLKSWAGENSLOVAKIA,a.s.,Bratislava/SlovakRepublic 100.00SITECHSitztechnikGmbH,Wolfsburg 100.00VolkswagenNavarra,S.A.,PolgonodeLandaben,s/n,Arazur(Navarra)/Spain 100.00VolkswagenAutoeuropa,Lda.,QuintadoAnjo/Portugal 100.00

VolkswagenMotorPolskaSp.zo.o.,Polkowice/Poland 100.00Volkswagen AudiEspaa,S.A.,ElPratdeLlobregat(Barcelona)/Spain 100.00VolkswagenOriginalTeileLogistikGmbH&Co.KG,Baunatal 53.37VOLKSWAGENGroupUnitedKingdomLtd.,MiltonKeynes/UnitedKingdom 100.00GroupeVOLKSWAGENFrances.a.,Villers Cotterts/France 100.00AutomobilmanufakturDresdenGmbH,Dresden 100.00

VolkswagenPoznanSp.zo.o.,Poznan/Poland 100.00VolkswagenGroupSverigeAktiebolag,Sdertlje/Sweden 100.00VolkswagenGroupofAmerica,Inc.,Herndon,Virginia/USA 100.00VolkswagenGroupCanada,Inc.,Ajax,Ontario/Canada 100.00VOLKSWAGENGroupJapanK.K.,Toyohashi/Japan 100.00LLCVolkswagenGroupRus,Kaluga/RussianFederation 93.78VolkswagenIndiaPrivateLtd.,Pune/India 100.00

AUDIAG,Ingolstadt 99.55

AUDIBRUSSELSS.A./N.V.,Brussels/Belgium 100.00AUDIHUNGARIAMOTORKft.,Gyr/Hungary 100.00AudiofAmerica,LLC,Herndon,Virginia/USA 100.00AudiVolkswagenKoreaLtd.,Seoul/Korea 100.00AudiVolkswagenMiddleEastFZE,Dubai/UnitedArabEmirates 100.00AutomobiliLamborghiniHoldingS.p.A.,Sant'AgataBolognese/Italy 100.00VOLKSWAGENGROUPITALIAS.P.A.,Verona/Italy 100.00

quattroGmbH,Neckarsulm 100.00SEAT,S.A.,Martorell,Barcelona/Spain 100.00SEATDeutschlandGmbH,Mrfelden Walldorf 100.00GearboxdelPrat,S.A.,ElPratdeLlobregat(Barcelona)/Spain 100.00

KODAAUTOa.s.,MladBoleslav/CzechRepublic 100.00kodaAutoDeutschlandGmbH,Weiterstadt 100.00KODAAUTOSlovensko,s.r.o.,Bratislava/SlovakRepublic 100.00KODAAUTOPOLSKA,S.A.,Poznan/Poland 51.00

BentleyMotorsLtd.,Crewe/UnitedKingdom 100.00

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

VolkswagendoBrasilIndstriadeVeculosAutomotoresLtda.,SoBernardodoCampo/Brazil 100.00

VolkswagenArgentinaS.A.,BuenosAires/Argentina 100.00

VolkswagenofSouthAfrica(Pty)Ltd.,Uitenhage/SouthAfrica 100.00

Name, location Equity interest as %

14


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December 31, 2010

ScaniaAB,Sdertlje/Sweden1 49.29ScaniaCVAB,Sdertlje/Sweden 100.00ScaniaLatinAmericaLtda.,SoBernardodoCampo/Brazil 100.00ScaniaGreatBritainLtd.,MiltonKeynes/UnitedKingdom 100.00ScaniaDeutschlandHoldingGmbH,Koblenz 100.00

Shanghai VolkswagenAutomotiveCompanyLtd.,Shanghai/PRChina 2 50.00FAW VolkswagenAutomotiveCompany,Ltd.,Changchun/PRChina 2 40.00

Volkswagen(China)InvestmentCompanyLtd.,Beijing/PRChina 100.00

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

PorscheZwischenholdingGmbH,Stuttgart 2,4 49.90Dr.Ing.h.c.F.PorscheAG,Stuttgart

MANSE,Munich 3 28.67SuzukiMotorCorporation,Hamamatsu,Shizuoka/Japan 19.89

VOLKSWAGENFINANCIALSERVICESAG,Braunschweig 100.00VolkswagenLeasingGmbH,Braunschweig 100.00VolkswagenBankGmbH,Braunschweig 100.00VolkswagenVersicherungAktiengesellschaft,Braunschweig 100.00Volkswagen VersicherungsdienstGmbH,Wolfsburg 100.00VOLKSWAGENFINANCE,S.A.ESTABLECIMIENTOFINANCIERODECRDITO ,Madrid/Spain 100.00

VolkswagenFinancialServices(UK)Ltd.,MiltonKeynes/UnitedKingdom100.00

VolkswagenFinancialServicesN.V.,Amsterdam/TheNetherlands 100.00VolkswagenFinancialServicesJapanLtd.,Tokyo/Japan 100.00koFINs.r.o.,Prague/CzechRepublic 100.00

GlobalMobilityHoldingB.V.,Amsterdam/TheNetherlands 2, 5 50.00LeasePlanCorporationN.V.,Amsterdam/TheNetherlands VolkswagenPonFinancialServicesB.V.,Amersfoort/TheNetherlands 2, 6 60.00

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

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

1)TheshareofthevotingrightsinScaniais71.81 %andthusdiffersfromtheequityinterest.

2) Jointventuresareaccountedforusingtheequitymethod.3)TheshareofthevotingrightsinMANis29.9 %andthusdiffersfromthe equityinterest.Thecompanyisaccountedforusingtheequitymethod.4) PorscheZwischenholdingGmbH,Stuttgart,holds100 % ofthesharesof Dr.Ing.h.c.F.PorscheAG,Stuttgart. ThecompanysscalyearendedonJune30,2010. Inthecurrentscalyear,thereportingdatewasmovedtoDecember31,2010.5)GlobalMobilityHoldingB.V.,Amsterdam,holdsallsharesof LeasePlanCorporationN.V.,Amsterdam.6)TheVolkswagenGrouphasjointcontrolofVolkswagenPonFinancialServicesB.V.

onthebasisofcontractualprovisions.

Name, location Equity interest as %

15


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December 31, 2010

16 P R O D U C T I O N N E T W O R K G E R M A N Y

11

2

1

3, 134

5

6

7

8

109

12


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December 31, 2010

17w w w . v o l k s w a g e n a g . c o m

G E R M A N Y

AUDI AG(46,620employees;foundedin1909,1965acquisition

of50 %ofthecapitalofAuto

UnionGmbH;todaymorethan

99 %ownedbyVOLKSWAGENAG)

1 Ingolstadt plantAUDIA3,AUDIA3SPORTBACK,AUDIA4,

AUDIA4AVANT,AUDIA4ALLROAD,

AUDIA5COUP,AUDIA5SPORT

BACK,AUDIQ5,

components:enginecomponents

2 Neckarsulm plantAUDIA4,AUDIA5CABRIOLET,

AUDIA6,AUDIA6AVANT,AUDIA6

ALLROAD,AUDIA7SPORTBACK,AUDI

A8,AUDIR8COUP,AUDIR8SPYDER

VOLKSWAGEN AG(94,787 employees;foundedasVolkswagenwerkGmbHin 1938)

3 Wolfsburg plant(49,857employees)

GOLF,GOLFPLUS,TIGUAN,TOURAN,

components:pressshop,chassis,

plasticstechnology

4 Hanover plant(12,530employees)

T5,components:foundry,

heatexchangers

5 Brunswick plant(5,548employees)

chassiscomponents

6 Kassel plant(13,366employees)

gearboxes,components:foundry,

pressshop,exhaustsystems

7 Emden plant(7,536employees)PASSAT,PASSATESTATE,PASSATCC

8 Salzgitter plant(5,950employees)

engines

Volkswagen Sachsen GmbH(7,846employees;

foundedin1990; whollyowned

byVOLKSWAGENAG)

9 Chemnitz plantengines

10 Zwickau plantGOLF,PASSAT

AutomobilmanufakturDresden GmbH(421employees;foundedin1998;

whollyownedbyVOLKSWAGENAG)

11 Glserne ManufakturDresdenPHAETON

Volkswagen OsnabrckGmbH(840employees;foundedin2009;

whollyownedbyVOLKSWAGENAG)

12 Osnabrck plantGOLFCABRIOLET(from2ndquarter

2011)

SITECH Sitztechnik GmbH(1,755employees;foundedin2001;

whollyownedbySITECHSp.zo.o.)

13 Wolfsburg plantcomponents:seatingtechnology


20/106

December 31, 2010

18 P R O D U C T I O N N E T W O R K E U R O P E

353637

404139

42

34

33

38

22

19

18

15

14

16

20, 2117

23

26

24

25

2928

27

30


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December 31, 2010


B E L G I U M

AUDI BRUSSELS S.A.(2,143employees;foundedin

1971;whollyowned

byAUDIAG)

14 Brussels plantAUDIA1

BOSNIA-HERZEGOVINA

VOLKSWAGEN SARAJEVO,d.o.o.(foundedin 1998;

58% VOLKSWAGENAG,

42%PreventSarajevod.o.o.)

15 Sarajevo plantECOCARRIER,components:

ringgears,stubaxles

FRANCE

Bugatti Automobiles SAS(62 employees;foundedin1910;

partoftheVolkswagenGroup

since1998;todaywhollyownedby

GroupeVOLKSWAGENFrances.a.)

16 Molsheim plantVEYRON16.4, VEYRONGRANDSPORT,

VEYRONSUPERSPORT

GREAT BRITAIN

Bentley Motors Ltd.(3,467 employees;foundedin1919;

whollyownedbyVolkswagen

InternationalFinanceN.V.)

17 Crewe plantMULSANNE,CONTINENTALFLYING

SPUR,CONTINENTALGT,CONTINENTALGTC,engines

ITALY

Automobili LamborghiniS.p.A.(826 employees;foundedin1963,

whollyownedbyAutomobili

LamborghiniHoldingS.p.A.,wholly

ownedbyAUDIAGsince1998)

18 Sant Agata Bolognese plantGALLARDOCOUP,GALLARDO

SPYDER,MURCILAGOCOUP,

MURCILAGOROADSTER,engines

P O L A N D

Volkswagen Poznan Sp. z o.o.(4,985employees;foundedin 1993;

whollyownedbyVolkswagen


19 Poznan plant

CADDY3, T5,components:foundry

Volkswagen Motor PolskaSp. z o.o.(1,147employees;foundedin

1998; whollyownedbyVolkswagen


20 Polkowice plantengines

SITECH Sp. z o.o.(1,393employees;foundedin

1998; whollyownedbyVolkswagen


21 Polkowice plantcomponents:seatingtechnology


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December 31, 2010

20 P R O D U C T I O N N E T W O R K E U R O P E

*asreportedbyScania

PORTUGAL

AUTOEUROPA -AUTOMVEIS LDA.(3,221employees;

foundedin 1991; 74 %Volkswagen

InternationalFinanceN.V.;

26 % GlobalVWAutomotiveB.V.)

22 Palmela plantEOS,SCIROCCO,SHARAN,

SEATALHAMBRA

RUSSIA

LLC Volkswagen Group Rus(3,097employees;foundedin

1999; 28.06 %VOLKSWAGENAG,

16.80 %KODAAUTOa.s.,48.92 %

VolkswagenInternationalFinance

N.V.,6.22 %EuropeanBankfor

ReconstructionandDevelopment)

23 Kaluga plantTIGUAN,POLO,KODAFABIA,

KODAOCTAVIA

SWEDEN

Scania AB(35,514employees*;foundedin1891, VOLKSWAGENAG49.29 %

sharecapitaland71.81 %voting

rights)

24 Sdertlje plant(Sweden)Productionoftruckandbuschassis,

components(engines,transmission

andaxleproduction)

25 Oskarshamn plant(Sweden)Components(productionofcabs)

26 Lule plant (Sweden)Components(productionofframemembers)

27 Angers plant(France)Assemblyoftrucks

28 Zwolle plant(The Netherlands)Assemblyoftrucks

29 Meppel plant(The Netherlands)Components,componentspaint

shop

30 Slupsk plant (Poland)Assemblyofbusbodies

31 So Paulo plant(Brazil)

Productionofengines,axles,cabs,truckandbuschassis

32 Tucumn plant(Argentina)Powertraincomponents

(productionofgearboxesandaxle

components)


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December 31, 2010


SLOVAK R EPUBLIC

VOLKSWAGEN SLOVAKIA, a.s.(6,964 employees;

foundedin1991;whollyowned

byVolkswagenInternational

FinanceN.V.)

33 Bratislava plantTOUAREG,AUDIQ7,

PORSCHECAYENNE,

gearboxes(assemblyonly)

34 Martin plantgearbox/chassiscomponents

SPAIN

SEAT, S.A.(10,726employees;

foundedin1950,whollyownedby

VolkswagenInternationalFinance

N.V)

35 Barcelona plantcomponents:pressshop

36 Martorell plantIBIZA,IBIZASC,IBIZASPORTTOURER,

LEN,ALTEA,ALTEAXL,ALTEAFREE TRACK,EXEO,EXEOST,

engines(assemblyonly)

Gearbox del Prat, S.A.(1,085employees;foundedin

1989,whollyownedbySEAT,S.A.)

37 Prat plantgearboxes,components:foundry

Volkswagen Navarra, S.A.(4,795employees;foundedin1993whenthe

Pamplonaplantwasspunofffrom

SEATS.A.asFabricaNavarrade

AutomovilesS.A.,whollyowned

bySEAT,S.A.)

38 Pamplona plantPOLO,engines(assemblyonly)

CZECH REPUBLIC

KODA AUTO a.s.(23,308 employees;

foundedin1895;whollyownedbyVolkswagenInternationalFinance

N.V.)

39 Mlad Boleslav plantFABIA,FABIACOMBI,OCTAVIA,

OCTAVIACOMBI,engines,gearboxes,

components:foundry

40 Kvasiny plantROOMSTER,PRAKTIK,YETI,SUPERB,

SUPERBCOMBI

41 Vrchlab plant

OCTAVIA,OCTAVIACOMBI

HUNGARY

AUDI HUNGARIA MOTORKft.(6,138 employees;

foundedin1993;

whollyownedbyAUDIAG)

42 Gyr plantAUDIA3CABRIOLET,AUDITTCOUP,

AUDITTROADSTER,engines


24/106

December 31, 2010

22 PRODUCTION NETWORK NORTH/SOUTH AMERICA AND SOUTH AFRICA

U S A

Volkswagen Group ofAmerica ChattanoogaOperations, LLC.(1,265 employees;foundedin 2008;

whollyownedbyVolkswagenGroupofAmericaInc.)

43 Chattanooga plantPASSAT(from2ndquarter2011)

M E X I C O

Volkswagen de Mxico, S.A.

de C.V.(15,290employees;foundedin 1964; whollyownedbyVOLKSWAGENAG)

44 Puebla plantJETTA,NEWBEETLE,NEWBEETLECABRIOLET,GOLFESTATE,engines,components:foundry

A R G E N T I N A

Volkswagen Argentina S.A.(6,500employees;foundedin1980; whollyownedbySEAT,S.A.)

45 Cordoba plant

gearboxes

46 Pacheco plantSURANGP,AMAROK,engines(assemblyonly)

B R A Z I L

Volkswagen do BrasilIndstria de VeculosAutomotores Ltda.(23,189employees;foundedin1953;whollyownedbyVolkswagenInternationalFinanceN.V.)

47 Anchieta plantGOL,NEWSAVEIRO,POLO,POLO

CLASSIC,PARATI,T2,engines,gear boxes,components:foundry

48 Curitiba plantFOX,GOLF

49 So Carlos plantengines

50 Taubat plantGOL,VOYAGE

S O U T H A F R I C A

Volkswagen of South Africa(Pty) Ltd.(5,634employees;foundedin 1956;whollyownedby

VOLKSWAGENAG)

51 Uitenhage plantPOLO,POLOVIVO,engines

49 50

48

4645 51

47

31

32

43

44


25/106

December 31, 2010

23PRODUCTION NETWORK ASIA/PACIFIC

I N D I A

KODA AUTO India PrivateLtd.(954employees;foundedin1999; whollyownedby KODAAUTOa.s.)

52 Aurangabad plantJETTA,PASSAT,KODAFABIA,KODAOCTAVIA,KODASUPERB,KODAYETI,AUDIA4,AUDIA6,AUDIQ5

Volkswagen India Private Ltd.(3,505employees;foundedin2007; VOLKSWAGENAG90.99 %sharecapitaland0.0001 %votingrights,VolkswagenInternationalFinanceN.V.9.01 %sharecapitaland99.9999 %votingrights)

53 Pune plant

KODAFABIA,POLO,VENTO

PEOPLES REPUBLIC OF CHINA

Shanghai-VolkswagenAutomotive Company Ltd.(22,104employees;foundedin 1985;40 % VOLKSWAGENAG,10 % Volks

wagen(China)InvestmentCompa nyLtd.,50 % ShanghaiAutomotiveGroupCompanyLtd/SAGCL)

54 Shanghai (Anting) plantKODAFABIAJINGRUI,KODAOCTAVIAMINGRUI,KODASUPERBHAORUI,POLO,POLOJINQING,POLOJINQU,LAVIDA,SANTANA,PASSATLINGYU,TIGUAN,

TOURAN,engines

55 Nanjing plantSANTANA,SANTANAVISTA

FAW-VolkswagenAutomotive Company Ltd.(15,596employees;foundedin1991; 20 % VOLKSWAGENAG,10 % Volkswagen(China)Invest mentCompanyLtd.,10 %AUDIAG,60 %FirstAutomobileWorksCorp./FAW)

56 Changchun plantJETTA,NEWBORA,GOLF,SAGITAR,MAGOTAN,MAGOTANCC,AUDIA4,AUDIA6,AUDIQ5,engines,gear boxes

57 Chengdu plantJETTA

54,60,61

56,58

59, 62

52

5557

53


26/106

December 31, 2010

24 PRODUCTION NETWORK ASIA/PACIFIC

Volkswagen FAW PlatformCompany Ltd.(354employees;foundedin 2005;60 % Volkswagen(China)Invest mentCompanyLtd.,40 %FAWERAutomobilePartsCo.Ltd.)

58 Changchun plantcomponents:chassis,axles

VOLKSWAGEN FAW Engine(Dalian) Co., Ltd.(559employees;foundedin 2005;60 % Volkswagen(China)Invest mentCompanyLtd.,40 %FirstAutomobileWorksCorp./FAW)

59 Dalian plantengines

VOLKSWAGEN Transmission

(Shanghai) Company Ltd.(262employees;foundedin 2001;60 % Volkswagen(China)Invest mentCompanyLtd.,20 % FAW CarCompany,20 % SAICMotorCo.,Ltd.)

60 Shanghai (Jiading) plant

gearboxes

Shanghai VolkswagenPowertrain Company Ltd.(525employees;foundedin 2005;60 % Volkswagen(China)Invest mentCompanyLtd.,40 %ShanghaiAutomotiveGroupCompanyLtd./

SAGCL)

61 Shanghai (Loutang) plantengines

VOLKSWAGEN AutomaticTransmission Co., Ltd.(580employees;foundedin 2010;whollyownedbyVolkswagen(China)InvestmentCompanyLtd.)

62 Dalian plantgearboxes

54,60,61

56,58

59, 62

52

5557

53


27/106

25

December 31, 2010

ENVIRONMENT AN D TRANSPORT www.volkswagenag.com

Volkswagen Group models with CO2 emissions of less than 130 g/kmfor the German market

20 models 100 CO2/km 116 models 120 CO2/km

220 models 130 CO2/km

20

0

40

60

80

100

20

0

40

60

80

100

20

0

40

60

80

100

VW VWAudi AudiSEAT SEATkoda koda

53 30

40

2329

157

25

0

22

14

25

6

VW Audi SEAT koda

75

49 52

24

51

16

42

15 2009

2010


28/106

D E L I V E R I E S TO C U S T OM E R S

WorldwideGroup

6,336,3197,203,094 (= +13.7 %)

VolkswagenPassengerCars

Audi

20092010December31, 2010

3,954,5514,502,827 (= +13.9 %)

949,7291,092,411 (= +15.0 %)

Europe

Group**3,281,2163,304,907 (= +0.7 %)


Audi

20092010December31, 2010

1,564,0831,545,374 (= -1.2 %)

618,854647,631 (= +4.7 %)

26

Lamborghini

SEAT

Bugatti

koda

Bentley

5040 (= -20.0 %)

684,226762,600 (= +11.5 %)

336,683339,501 (= +0.8 %)

4,6165,117 (= +10.9 %)

VolkswagenCommercialVehicles*361,506435,584 (= +20.5 %)

1,5151,302 (= -14.1 %)

Lamborghini

SEAT

Bugatti

koda

Bentley

2218 (= -18.2 %)

525,572528,071 (= +0.5 %)

312,222309,416 (= -0.9 %)

1,7391,751 (= +0.7 %)

VolkswagenCommercialVehicles258,057

272,210 (= +5.5 %)

667436 (= -34.6 %)

Scania43,44363,712 (= +46.7 %)

*incl.trucksundbusesJanuary February 2009

**excl.Scania


29/106

w w w . v o l k s w a g e n a g . c o m 27

Western Europe excl. Germany

1,655,2591,846,870 (= +11.6 %)

20092010December31, 2010

766,396863,496 (= +12.7 %)

1814 (= -22.2 %)

182,857219,938 (= +20.3 %)

236,852248,499 (= +4.9 %)

359,465382,748 (= +6.5 %)

1,3631,408 (= +3.3 %)

532341 (= -35.9 %)

Central and Eastern Europe

Lamborghini

Group*381,932423,187 (= +10.8 %)


Bentley

SEAT

Audi

20092010December31, 2010

125,070147,913 (= +18.3 %)

103113 (= +9.7 %)

30,54535,726 (= +17.0 %)

VolkswagenCommercialVehicles26,60526,712 (= +0.4 %)

19,18817,897 (= -6.7 %)

3416 (= -52.9 %)

koda180,387194,810 (= +8.0 %)

Lamborghini

SEAT

Group*


Bugatti

koda

Bentley

107,776130,426 (= +21.0 %)


Audi

*excl.Scania


30/106


Germany

Lamborghini

Lamborghini

SEAT

SEAT

Group*1,244,0251,034,850 (= -16.8 %)


Bugatti

Bugatti

koda

koda

Bentley

Bentley

Audi

20092010December31, 2010

672,617533,965 (= -20.6 %)

44

162,328113,323 (= -30.2 %)

56,18243,020 (= -23.4 %)

228,844229,157 (= +0.1 %)

273230 (= -15.8 %)

VolkswagenCommercialVehicles123,676115,072 (= -7.0 %)

10179 (= -21.8 %)

Great Britain

Group*338,744377,496 (= +11.4 %)


Audi

20092010December31, 2010

157,535172,944 (= +9.8 %)

54 (= -20.0 %)

36,01241,632 (= +15.6 %)

29,98732,936 (= +9.8 %)

90,51399,705 (= +10.2 %)

891976 (=+9.5 %)


29,197 (= +23.3 %)

120102 (= -15.0 %)

*excl.Scania

28


31/106


Italy20092010December31, 2010

Lamborghini

Lamborghini

SEAT

SEAT

Group*236,458241,121 (= +2.0 %)


Bugatti

koda

koda

Bentley

Bentley

Audi

130,649137,018 (= +4.9 %)

18,21518,276 (= +0.3 %)

22,23517,013 (= -23.5 %)

57,20460,337 (= +5.5 %)

4433 (= -25.0 %)

21189 (= -57.8 %)

Spain

Group*223,779244,811 (= +9.4 %)


Audi

20092010December31, 2010

77,77385,916 (= +10.5 %)

02

17,59819,871 (= +12.9 %)

83,00891,331 (= +10.0 %)

38,78839,557 (= +2.0 %)

3829 (= -23.7 %)


8,100 (= +23.3 %)

65 (= -16.7 %)


*excl.Scania

29


32/106


North America

Lamborghini

Lamborghini

SEAT

Group*467,344549,238 (= +17.5 %)


Bugatti

Bugatti

Bentley

Bentley

Audi

20092010December31, 2010

344,776406,367 (= +17.9 %)

76 (= -14.3 %)

15,58813,380 (= -14.2 %)

98,896121,452 (= +22.8 %)

1,4431,531 (= +6.1 %)

VolkswagenCommercialVehicles6,2456,186 (= -0.9 %)

389316 (= -18.8 %)

USA

Group297,973360,287 (= +20.9 %)


Audi

20092010December31, 2010

213,454256,830 (= +20.3 %)

76 (= -14.3 %)

82,716101,629 (= +22.9 %)

1,4431,531 (= +6.1 %)

VolkswagenCommercialVehicles01

353290 (= -17.8 %)

*excl.Scania

30


33/106

South AmericaGroup*

808,817887,958 (= +9.8 %)


SEAT

koda

Audi

20092010December31, 2010

735,142756,451 (= +2.9 %)

1,4912,483 (= +66.5 %)

8,71613,390 (= +53.6 %)

1,8191,915 (= +5.3 %)


Lamborghini

Lamborghini

5

5

12 (= +140.0 %)

12 (= +140.0 %)

Brazil


Group*682,520711,523 (= +4.2 %)


Audi

20092010December31, 2010

623,056614,498 (= -1.4 %)

2,0103,276 (= +63.0 %)

57,44993,737 (= +63.2 %)


South Africa

Group*51,93571,299 (= +37.3 %)


Audi

20092010December31, 2010


39,37954,173 (= +37.6 %)

8,71012,060 (= +38.5 %)

Lamborghini88

*excl.Scania

31


34/106


Asia-Pacic

Lamborghini

Group*1,546,1212,140,698 (= +38.5 %)


Bugatti

koda

Bentley

Audi

20092010December31, 2010

1,200,5051,651,469 (= +37.6 %)

65 (= -16.7 %)

138,782203,313 (= +46.5 %)


199,003276,241 (= +38.8 %)

8691,283 (= +47.6 %)

310480 (= +54.8 %)

China

Lamborghini

Group*1,400,0131,923,454 (= +37.4 %)


Bentley

koda

Audi

20092010December31, 2010

1,117,3031,513,570 (= +35.5 %)

484901 (= +86.2%)

122,556180,515 (= +47.3 %)

158,941227,938 (= +43.4 %)

VolkswagenCommercialVehicles612

283 (= -53.8 %)

117247 (= +111.1 %)

*excl.Scania

32


35/106

M A R K E T S H A R E S O F N E W P A S S E N G E R C A RR E G I S T R AT I O N S B Y C O U N T R Y ( V W G R O U P )

Germany

Austria

Spain

France

GreatBritain

Italy

Belgium

TheNetherlands

Portugal

20092010 December31, 2010

34.2 %35.1 %

11.3 %11.2 %

16.1 %17.2 %

10.1 %11.5 %

23.2 %

23.8 %

20.1 %20.1 %

19.1 %19.9 %

18.2 %21.1 %

31.7 %32.2 %

C O M P E T I T I V E S I T U AT I O N

Switzerland24.2 %24.8 %

Sweden21.3 %23.1 %

Norway24.2 %

25.5 %Denmark

14.7 %16.4 %

Finland25.0 %26.8 %

Russia6.5 %7.1 %

WesternEuropeexcl.Germany15.8 %16.9 %

Brazil25.4 %22.9 %

China16.5 %16.8 %

USA*2.9 %3.1 %

Worldwide11.2 %11.4 %

*marketincludespassengercarsandlighttrucks

33


36/106

C O M P E T I T I V E S I T U AT I O N

N E W P A 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

* Allfiguresshownarerounded,sominordiscrepancies mayarisefromadditionoftheseamounts.

34

Toyota

Nissan

HondaJapanese automakers (total)

BMW

Daimler AG

Further imported brands

GMGroup

Volkswagen Group3.1 %

Volkswagen 2.2 %Audi

0.9 %

15.2 %

7.8 %

10.6 %

38.6 %

7.7 %

1.9 %

2.0 %

1.5 %Total imported brands*

54.9 %

19.1 %

USA (PassengerCarsandLightTrucks )

VolkswagenGroup

RenaultNissanAllia

GeneralMotorsGroup

Ford

FiatGroup

HyundaiGroup

PSAGroup5.24 %

7.37 %

8.89 %

6.80 %

3.09 %

ToyotaGroup2.88 %

BMWGroup

DaimlerAG9.14 %

10.64 %

3.80 %

Germany

FordGroup16.7 %

Domestics

45.1 %

9.4 %

Korean automakers (total)

35.10 %

Chrysler

December 31, 2010


37/106

w w w . v o l k s w a g e n a g . c o m 35

VolkswagenGroup

RenaultNissanAllia

GeneralMotorsGroup

Ford

FiatGroup

HyundaiGroup

PSAGroup16.92 %

15.95 %

14.56 %

8.57 %

8.63 %

9.07 %BMWGroup

DaimlerAG4.66 %

3.50 %

4.28 %

Western Europe excl. Germany

ToyotaGroup4.97 %

VolkswagenGroup(local)

VolkswagenGroup(importedbrands)

Volkswagen Group (total)**

GM Group

PSA Group

Honda

Hyundai

Kia

Chery

Geely

BYD

Further chinese brands

Further international brands

16.1 %

0.6 %

16.8 %

9.4 %

Nissan5.8 %

Toyota

Ford 6.6 %

2.7 %

3.3 %

5.7 %

5.9 %

2.8 %

4.5 %

3.1 %

4.2 %

17.9 %

7.0 %

China (excl. Hong Kong)*

December 31, 2010*Source:VolkswagenGroupChina**Allfiguresshownarerounded,sominordiscrepancies mayarisefromadditionoftheseamounts.


38/106

D E V E L O PM E N T S I N W O R K F O R C E

December 31, 2010

36

Year enddata,employeesat

productionandservicecompanies


Development of workforce worldwide

Year enddata,employeesatproductionandservicecompanies

300

310

320

330

340

350

360

370380

390

400

2005 2006 2007 2008

344.9

2010

369.9

December 31, 2010

thousands


Absolute numbers of employees in Germany/abroad

100

140

120

160

200

220

180

2005 2006 2007 2008 2009

178.7

166.2168.9

155.9

thousands

Germany

abroad

2009

324.9

174.3 172.6

181.3

195.6 195.9

218.1

2010

329.3

168.7

160.6

399.4

368.5


39/106


December 31, 2010

37

Portugal 3,221


Workforce at production companies by country (excl. Scania)

Belgium

December 31, 2010


Workforce at production companies by employment category

02005

100,000150,000

200,000

250,000

300,000

350,000

400,000

50,000

104,942 93,084

2006 2007 2008 2009 2010

Russia

India

SouthAfrica

Hungary

Argentina

SlovakRepublic

PolandMexico

Spain

Brazil

CzechRepublic

China

Germany

2,143

2,690

GreatBritain 3,467

4,459

5,634

6,138

6,500

6,964

8,59315,290

16,606

23,189

23,308

39,980

152,269

Italy 826

105,966

hourlyworkers(excl.apprentices)

salaried(excl.apprentices)

230,959 222,592 214,037 236,005

124,039 125,694 133,687

232,960 255,149


40/106

D E V E L O PM E N T S I N W O R K F O R C E

December 31, 2010

38


Development of part-time employees

0

December 31, 2010

2005 2006 2007 2008 2009 2010

3,431

2,249 2,303

total(incl.apprentices)

part timeemployees(excl.partialretirement)


Development in share of female employees

500

3,500

1,000

1,500

2,000

2,500

3,000

94,000 90,468101,028

11,000

2005 2006 2007 2008 2009 2010

total(incl.apprentices)

women

11,500

12,000

12,500

13,000

13,500

14,000

94,000 90,468101,028

3.4% 2.4% 2.5%

2,7802,977

2.9% 3.1%

95,164 94,787

95,164 94,787

90,363

2,487

2.8%

90,363

13,984

12,472

11,966

13.9% 13.3% 13.2%

12,427

13.8%

13,397

13,747

14.1% 14.5%


41/106


December 31, 2010

39


Overall age structure

December 31, 2010

40.0

42.5

41.0

42.0


Health index

2007 2010

42.0years

42.4years

2008

2007

2006

2005

2004

2003

2002

2001

95.7

95.7

96.3

96.2

96.2

95.8

95.5

95.8

2009

2010 95.0

%

2008

42.1years

2009

42.2

years

95.2


42/106

E M P L OY E E S I N T E C H N I C A L D E V E L O PM E N T

1) incl. Robust Pick-Up/Volkswagen Commercial Vehicles

2) incl. Audi Hungari Motor

40

Volkswagende Mxico/NAR

861

Volkswagen do Brasil961

VolkswagenArgentina 1

36

Bentley675

Bugatti93

SEAT918

VolkswagenPassenger CarsTechnical

Development7,739

VolkswagenCommercial

Vehicles728

koda1,584

Audi2

6,603Lamborghini

191

Sitech107

VW RGmbH

199

Scania3.394

Volkswagen

Osnabrck

278

Italdesign548


43/106

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

December 31, 2010

647 further employees in Group Research

w w w . v o l k s w a g e n a g . c o m / i r 41

Volkswagen ofSouth Africa

117

Shanghai Volkswagen

1,060

FAW-Volkswagen603 VTT Japan

35

VolkswagenGroup China

29

Total: 27,406
http://www.volkswagenag.com/irhttp://www.volkswagenag.com/irhttp://www.volkswagenag.com/ir


44/106

GENERAL PROCUREMENT INFORMATION www.volkswagenag.com42

December 31, 2010* million

Procurement Volumes by Brand and Company*

Purchasing Volumes (Volkswagen Group)

89.7 billion

70.7billion

2009 2010

VolkswagenAG

Audi

VolkswagenShanghai

FAWVolkswagen

VolkswagendoBrasil

kodaAuto

Scania

VolkswagendeMxico

AudiHungariaMotor

SEATVolkswagenSlovakia

VolkswagenSachsen

VolkswagenArgentina

VolkswagenAutoeuropa

AudiBrussels

VolkswagenofSouthAfrica

VolkswagenUSA

VolkswagenMotorPolska

Bentley

VolkswagenGroupRUS

Lamborghini

VolkswagenIndia

Total

20,693.61

13,493.86

10,634.87

8,586.52

5,595.36

5,074.55

4,140.17

3,794.69

3,277.33

2,893.982,773.90

2,372.07

1,304.17

1,248.97

754.62

701.74

675.48

658.88

329.51

272.72

214.29

179.01

89,670.30

23.1 %

15.0 %

11.9 %

9.6 %

6.2 %

5.7 %

4.6 %

4.2 %

3.7 %

3.2 %3.1 %

2.6 %

1.5 %

1.4 %

0.8 %

0.8 %

0.8 %

0.7 %

0.4 %

0.3 %

0.2 %

0.2 %

100 %


45/106

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

VOLKSWAGEN

43

February 01, 2011


46/106


AUDI AG

Headquarters:Ingolstadt,Germany

Share of capital held:99.55 %

Board of Management, Audi: Rupert Stadler

Chairman

Ulf Berkenhagen

Procurement

Michael Dick

TechnicalDevelopmentFrank Dreves

Production

Peter Schwarzenbauer

MarketingandSales

Thomas Sigi

HumanResources Axel Strotbek

FinanceandOrganization

Address:

AUDIAG

85045

Ingolstadt Germany

Internet:www.audi.com

February 01, 2011

44


47/106


February 01, 2011

SEAT, S.A.

Headquarters:Martorell,Spain

Share of capital held:100 %

Board of Management, SEAT: James Muir

President

Dr. Ing. Matthias Rabe

ResearchandDevelopment

Holger Kintscher

FinanceandOrganization James Muir

SalesandMarketing

Ramn Paredes

GovernmentalRelations

Josef Schelchshorn

HumanResources Dieter Seemann

Procurement

Wolfram Thomas

Production

Address: SEAT,S.A.

AutovaA 2,Km.585

08760Martorell

Spain

Internet:www.seat.com

45


48/106

O R G A N I Z A T I O N A L C H A R T S46

February 01, 2011

KODA AUTO a.s.

Headquarters:MladBoleslav,CzechRepublic


Board of Management, koda:Prof. Dr. h.c. Winfried Vahland

Chairman

Karlheinz Hell

Purchasing

Winfried Krause

CommercialAffairsMichael Oeljeklaus

ProductionundLogistics

Dr. Ing. Eckhard Scholz

TechnicalDevelopment

Jrgen Stackmann

SalesandMarketingBohdan Wojnar

HumanResourcesManagement

Address:

KODAAUTOa.s.

VclavaKlementa869

293 60MladBoleslav

CzechRepublic

Internet:www.skoda auto.com


49/106

O R G A N I Z A T I O N A L C H A R T S 47

February 01, 2011

VOLKSWAGEN COMMERCIAL VEHICLES

Headquarters:Hanover,Germany

Share of capital held:100%

Board of Management,Volkswagen Commercial Vehicles Brand:

Dr.-Ing. Wolfgang Schreiber

ChiefExecutiveOfcer

Development

Dirk Groe-Loheide

PurchasingandLogistics Harald Schomburg

SalesandMarketing

Klaus-Dieter Schrmann

FinanceandIntegrationTechnology

Jochen Schumm

HumanResources

Address:


POBox21 05 80

30405Hanover

Germany

Internet: www.vwn.de


50/106


February 1, 2011

BENTLEY MOTORS LIMITED

Headquarters:Crewe,GreatBritain


Board of Management, Bentley: Wolfgang Drheimer

ChairmanandChiefExecutive

Doug Dickson

SpecialProjects

Dr.-Ing. Ulrich Eichhorn

EngineeringChristine Gaskell

Personnel

Jan-Henrik Lafrentz

FinanceandIS

Alasdair Stewart

SalesandMarketingMichael Straughan

Manufacturing

Address:

BentleyMotorsLimited

PymsLane

Crewe

Cheshire,CW1 3PL

GreatBritain

Internet:www.bentleymotors.com

48


51/106


BUGATTI

Bugatti Automobiles S.A.S.:

Headquarters:Molsheim,France


Wolfgang Drheimer President

Dr. rer. pol. Stefan Brungs, Marketing,SalesandAfterSales

Hans-Georg Melching, FinanceandHumanResources

Fred Schulemann, Production

ChiefExecutiveOfcers

Bugatti International S.A.(HeadquartersLuxemburg)

Wolfgang Drheimer

President

Bugatti Engineering GmbH(HeadquartersWolfsburg)

Dirk Isgen

Hans-Georg Melching ChiefExecutiveOfcers

Address:

BugattiAutomobilesS.A.S.

1,ChteauSt.Jean

67120Molsheim

France BugattiEngineeringGmbH

NordsteimkerStr.7-9

38446Wolfsburg

Germany

Internet:www.bugatti.com

February 1, 2011


52/106

O R G A N I Z A T I O N A L C H A R T S50

February 01, 2011

AUTOMOBILI LAMBORGHINI S.p.A.

Headquarters:SantAgataBolognese,Italy


Board, Lamborghini: Stephan Winkelmann

PresidentoftheBoard

AutomobiliLamborghiniS.p.A.,SantAgataBolognese,Italy

Ranieri Niccoli

MemberoftheBoard

Maurizio Reggiani MemberoftheBoard

Address:

AutomobiliLamborghiniS.p.A.

viaModena,12

40019SantAgataBolognese Italy

Internet:www.lamborghini.com


53/106


SCANIA

Headquarters:Sdertlje,Sweden

Share of capital held:49.29 %

Executive Board, Scania: Leif stling

PresidentandChiefExecutiveOfcer

Per Hallberg

ResearchandDevelopment,

Purchasing

Christian Levin SalesandServicesManagement

Martin Lundstedt

FranchiseandFactorySales

Anders Nielsen

ProductionandLogistics

Jan Ytterberg ChiefFinancialOfcer

FinanceandBusinessControl

Address:

Scania

SE151 87

Sdertlje Sweden

Internet:www.scania.com

February 01, 2011


54/106


Headquarters:Brunswick,Germany

Share of capital held:100%

Board of Management, Volkswagen Financial Services AG: Frank Witter

ChairmanoftheBoardofManagement

Frank Fiedler

Finance

Christiane Hesse

HumanResourcesandOrganizationDr. rer. pol. Michael Reinhart

RiskManagement

Lars-Henner Santelmann

SalesandMarketing

Address: VolkswagenFinancialServicesAG

GifhornerStrae57

38112Braunschweig

Germany

Internet:www.vwfs.com

February 01, 2011

52


55/106

53


56/106

Ferdinand Porsches blue printturned the dream o automotivemobility or the masses into apeoples car. The automobilelaid the oundation or a com pany which rapidly acquiredinternational signiicance ater

the Second World War.

The motor o the Wirtschats wunder was air cooled anditted at the rear o a car whosedistinctive silhouette madeVolkswagen a household name

all over the world, just as theTransporter launched in 1950became a much loved work horse and camper.

Numerous production acilitiesoutside Europe were already

being set up in the 1950s tobring the automaker closer tothe customer.

Having evolved into a Germanautomotive group with the

acquisition o Auto UnionGmbH and NSU Motoren werke AG in the 1960s, thedynamic market success o thePassat, Gol and Polo post 1973triggered urther corporategrowth towards a multi brand

group: SEAT and Skoda wereadded in 1985 and 1991,Bentley, Lamborghini andBugatti in 1998.

The brands VolkswagenCommercial Vehicles andScania, that was acquired in2008, with actories in Europe,Arica and South America pro vide a dierentiated range oproducts spanning city vans,

trucks and busses to suit themost diverse mobility require ments.

The inancial services pro vided by Volkswagen FinancialServices AG, a company whose

roots go back as ar as 1949,also contribute to the automo tive success o the VolkswagenGroup.

Founded on strong brands, theVolkswagen Group continuesits successul automotive tradi tion with ascinating products.

Bolstered by another rise in unitsales to 7.1 million vehicles, theVolkswagen Group remains on

course to become the worldsleading automaker by 2018 economically and ecologically.

54 H I S T O R I C A L N O T E S


57/106

1 9 3 7 1 9 4 5

May 28, 1937Gesellschat zur Vorbereitungdes Deutschen VolkswagensmbH is established in Berlin.

Early 1938Construction o the Volkswagenplant east o Fallersleben be gins.

September 16, 1938The company name is changedto Volkswagenwerk GmbH.

Between 1939 and 1945,the Volkswagen plant is re organized or the productiono armaments rather than theproduction o civilian vehicles.The expanding armaments out

put o the plant ater summer1940 leads the company tomeet most o its labour needsby using orced labour romabroad. In late summer 1944,almost two thirds o the18,000 strong workorce is

made up o oreign orcedlabourers.

April 11, 1945The American troops who enterthe town put an end to the pro duction o military equipment

and liberate the orcedlabourers.



58/106

1 9 4 5 1 9 4 9

June 1945Responsibility or the companyseized by the Allies is turned overto the British Military Govern ment or administration in

trusteeship.

December 1945Series production o theVolkswagen Type 1 begins withthe assembly o 55 saloons.

October 1947

Export o the frst Volkswagensaloons to the Netherlandsbegins with fve vehicles.

January 1, 1948Heinrich Nordho is appointedGeneral Director o the Volks

wagen works.July 29,1948The companys registered ofceis transerred rom Berlin toWolsburg and the changeentered into the CommercialRegister.

June 30, 1949Volkswagen Finanzierungs Gesellschat mbH is oundedto provide loans to domesticcustomers and dealers,thus encouraging the sale

o Volkswagens.October 8, 1949The British Military Governmenthands over the Volkswagenworks to the trusteeship o theFederal German government.

The State o Lower Saxonyassumes the administration.

1 9 4 5

Vehicle Production

VOLKSWAGENWERKGMBH

1,785

Financial data

(million Reichsmark)

VOLKSWAGENWERKGMBH

Sales 11.7

Workforce (yearlyaverage)

VOLKSWAGENWERKGMBH

Factoryworkers 5,459

Officeworkers 574

Total 6,033



59/106

1 9 5 0 1 9 5 4

March 8, 1950Series production o the Volks wagen Transporter begins inWolsburg.

September 11, 1952The internationalization othe Volkswagen sales networkbegins with the ounding oVolkswagen Canada Ltd. inToronto.

March 23, 1953

Volkswagen sets up its frstoreign production company,Volkswagen do Brasil Ltda., inSo Paulo. In 1957 Volkswagendo Brasil switches romassembling the Transporter tolocal production; the frst Beetleproduced in Brazil leaves theassembly line in 1959.October 1953Volkswagenwerk GmbH has82 sales agencies outside oGermany. Exports account or 44

percent o vehicle production.With 68,754 vehicles exported in1953, Volkswagen accounts orover 40 percent o all passengercar exports rom the FederalRepublic o Germany.

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

1 9 5 0

Vehicle Production

VOLKSWAGENWERKGMBH

90,038

Financial Data (million DM)

VOLKSWAGENWERKGMBH

Sales 411

Profit 3.8


VOLKSWAGENWERKGMBH


Officeworkers 1,644

Total 14,966



60/106

1 9 5 5 1 9 5 9

August 5, 1955Employees and dealers romhome and abroad celebrate theproduction o the one millionthVolkswagen in Wolsburg.

August 1955The Karmann Ghia Coup goesinto production.

October 27, 1955Volkswagen o America Inc. isounded in Newark, New Jersey.

March 8, 1956Ater a one year period o con struction, the new plant inHanover Stcken startsproducing the Transporter.

June 8, 1956

Volkswagenwerk GmbHacquires an interest in theormer import agency SouthArican Motor Assemblers andDistributors Ltd. (SAMAD).

July 1958

Powertrain remanuacturing ismoved rom Wolsburg toAltenbauna near Kassel. Theworkorce at the new Kasselplant, which repairs andrebuilds 430 engines and 130axles a day, rises to 1,124 in

1959.

1 9 5 5

Vehicle Production

VOLKSWAGENWERKGMBH

329,893


VOLKSWAGENGROUP

Sales 1,444

Vehicle Sales

VOLKSWAGENWERKGMBH

Germany 150,397

Abroad 177,657

Total 328,054


VOLKSWAGENWERKGMBH


Officeworkers 2,964

Total 31,570



61/106

1 9 6 0 1 9 6 4

March 11, 1960Volkswagen France S.A. isounded in Paris.

August 22, 1960Based on the VW Act, Volks wagenwerk GmbH is trans ormed into a joint stock com pany. Up to March 15, 1961, thecompany issues shares with anominal value o 360 millionDM at a share price o 350 DM.

September 1961Volkswagen launches the VW1500 at the International Auto mobile Show in Frankurt.

October 2, 1962The one millionth Volkswagen

Transporter rolls o theassembly line at the Hanoverplant.

January 17, 1964Volkswagen de Mxico,S.A. de C.V. is established inMexico City.

December 8, 1964The Emden plant beginsproducing the Beetle. Over500 vehicles roll o theassembly line each day. Theyare shipped rom the companys

own port and exported primarilyto North America.

1 9 6 0

Vehicle Production

VOLKSWAGENGROUP

890,673


VOLKSWAGENGROUP

Sales 4,607

Vehicle Sales

VOLKSWAGENGROUP

Germany 374,478

Abroad 514,029

Total 888,507


VOLKSWAGENGROUP

Total 75,528



62/106

1 9 6 5 1 9 6 9

January 1, 1965Volkswagenwerk AG acquiresAuto Union GmbH registeredin Ingolstadt; the independentbrand widens the model range o

the emerging group.

October 1966Volkswagen Leasing GmbH isounded.

August 1967Series production o the second

generation o the Transporterbegins at the Hanover plant.

May 1, 1968Kurt Lotz becomes Chairman othe Board o Management.

September 19, 1968

A proving ground is opened nearEhra Lessien; in its fnal orm,the site eatures over 100 km otest track.

November 1968The VW Group enters the upper

mid class segment with thepresentation o the Audi 100.

August 21, 1969Auto Union GmbH and NSUMotorenwerke AG join orces tobecome Audi NSU Auto Union

AG. Volkswagenwerke AGinitially owns 59.5 percento the shares.

November 1969The VW Porsche 914 goes intoproduction.

1 9 6 5

Vehicle Production

VOLKSWAGENGROUP

1,594,861


VOLKSWAGENGROUP

Sales 9,268

Investments 702

Vehicle Sales

VOLKSWAGENGROUP

Germany 632,671

Abroad 963,693

Total 1,596,364


VOLKSWAGENGROUP

Employeesinforeign

Groupcompanies 18,625

Total 125,157



63/106

1 9 7 0 1 9 7 4

July 1970The K 70 rolls o the assemblyline at Volkswagens newSalzgitter plant.

October 1, 1971Rudol Leiding takes over asChairman o the Board oManagement.

May 1973The Passat, the frst model o thenew Volkswagen generation,

goes into production. It eaturesront wheel drive, a water cooled 4 cylinder engine and aunitary construction all steelbody.

February 1974

The sporty VW Scirocco goesinto series production.

March 29, 1974Series production o the Golbegins in Wolsburg.

July 1, 1974

At 11.19 a.m. the last o almost12 million Beetles rolls o theassembly line in Wolsburg.

1 9 7 0

Vehicle Production

VOLKSWAGENGROUP

2,214,937


VOLKSWAGENGROUP

Sales 15,791

Investments 1,536

Profit 407

Vehicle Sales

VOLKSWAGENGROUP

Germany 725,055

Abroad 1,481,866

Total 2,206,921


VOLKSWAGENGROUP

Employeesinforeign


Total 190,306



64/106

1 9 7 5 1 9 7 9

February 10, 1975Toni Schmcker becomesChairman o the Board oManagement.

March 1975Series production o the Polobegins in Wolsburg. The auto mobile is positioned on the smallcar market as a less expensiveversion o the nearly identicalAudi 50.

October 27, 1976The one millionth Gol rolls othe assembly line.

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

November 1977Contract with the GermanDemocratic Republic providingor the delivery o 10,000 Gol.

January 19, 1978The last Beetle to be built in

Germany leaves the assemblyline at the Emden plant.

May 1978V.A.G. TransportgesellschatmbH is ounded in Wolsburg.

February 1979

Karmann in Osnabrckbegins production o theGol Convertible.

1 9 7 5

Vehicle Production

VOLKSWAGENGROUP

1,948,939


VOLKSWAGENKONZERN

Sales 18,857

Investments 941

Loss -157

Vehicle Sales

VOLKSWAGENGROUP

Germany 625,555

Abroad 1,412,302

Total 2,037,857


VOLKSWAGENGROUP

Employeesinforeign


Total 176,824



65/106

1 9 8 0 1 9 8 4

March 1980The Audi quattro our wheeldrive creates a stir at theGeneva Motor Show.

May 8, 1980

At the Energy Symposium inWolsburg, Volkswagenpresents the Formula E.

December 1980VW Kratwerk GmbH isounded in Wolsburg.

August 1981

Production o the Santanabegins. Production o thesecond generation Polobegins in Wolsburg.

January 1, 1982Carl H. Hahn becomesChairma n o the Board o

Management.September 30, 1982A license agreement or theproduction o the VolkswagenPassat, Santana and Polomodels is signed withSociedad Espaola de

Automviles de Turismo(SEAT).

November 1982The VW Caddy city van goes intoseries production.

June 1983Production o the second

generation Gol begins.February 3, 1984The new research centreat the plant in Wolsburg isinaugurated.

December 1984Volkswagen acquires themajority o shares in theItalian general importerAutogerma S.p.A.

1 9 8 0

Vehicle Production

VOLKSWAGENGROUP

2,573,871


VOLKSWAGENGROUP

Sales 33,288

Investments 4,279

Profit 321

Vehicle Sales

VOLKSWAGENGROUP

Germany 787,591

Abroad 1,707,156

Total 2,494,747


VOLKSWAGENGROUP

Employeesinforeign


Total 257,930



66/106

1 9 8 5 1 9 8 9

January 1, 1985Audi NSU Auto Union AGis renamed AUDI AG. Theregistered ofce moves romNeckarsulm to Ingolstadt.

April 20, 1985Shanghai Volkswagen Auto motive Company Ltd. isestablished. VolkswagenwerkAG has a 50 percent share in theGerman Chinese joint venture.

July 4, 1985The name o the company ischanged to Volkswagen AG.

September 1, 1985Series production o the Santanabegins in China.

June 18, 1986Volkswagen AG acquires51 percent o the capital stock oSEAT and increases its share to75 percent by the end o the year.

January 1988

The Corrado sport coup goesinto series production.

August 24, 1988A licence agreement or theproduction o the Audi 100 inChina is signed with First

Automobile Works inChangchun.

Autumn 1989Market launch o the Audi 100TDI, the irst Group model witha turbo direct injection dieselengine.

1 9 8 5

Vehicle Production

VOLKSWAGENGROUP

2,398,196


VOLKSWAGENGROUP

Sales 52,502

Investments 3,388

Profit 596

Vehicle Sales

VOLKSWAGENGROUP

Germany 721,812

Abroad 1,676,192

Total 2,398,004


VOLKSWAGENGROUP

Employeesinforeign


Total 259,047



67/106

1 9 9 0 1 9 9 4

February 6, 1991FAW Volkswagen AutomotiveCompany Ltd. is established inChangchun.

April 16, 1991Volkswagen AG acquiresSKODA, automobilov a.s.,which is integrated into theVW Group as the ourth brand.The well respected traditionalCzech company marketed itsirst automobiles in 1905.

June 24, 1991AutoEuropa Automveis Lda.is established in Setubal,Portugal, or the production oa multi purpose vehicle (MPV).

January 1, 1993

Ferdinand Pich becomesChairman o the Board oManagement.

February 18, 1993AUDI HUNGARIA MOTOR Kt.registered in Gyr is established

to produce engines.January 1, 1994Volkswagen Finanz GmbHestablished three years earlier isrenamed Volkswagen FinancialServices AG.

March1994

Audi presents the Audi A8,its sporty top class limousineeaturing the brilliantlyinnovative lightweightaluminum construction.

1 9 9 0

Vehicle Production

VOLKSWAGENGROUP

3,057,598


VOLKSWAGENGROUP

Sales 68,061

Investments 5,372

Profit 1,086

Vehicle Sales

VOLKSWAGENGROUP

Germany 945,384

Abroad 2,084,795

Total 3,030,179


VOLKSWAGENGROUP

Employeesinforeign


Total 268,744



68/106

1 9 9 5 1 9 9 9

July 4, 1995The Volkswagen Nutzahr zeuge (Commercial Vehicles)brand is introduced.

November 17, 1995Volkswagen Argentina S.A.commissions its new productionplant in Pacheco near BuenosAires.

August 1997At the Wolsburg site the ourth

Gol generation goes intoproduction.

December 1997Volkswagen de Mxico startsproduction o the New Beetle.

July 1998

Acquisition o Bugatti Inter national S.A. Holding andBentley Motor Cars Ltd.,whose automobile traditiongoes back as ar as 1919.

September 1998

Audi AG acquires the Italiansports car manuacturerLamborghini S.p.A.

July 1999Volkswagen makes automobilehistory with the start o the Lupo3L TDI, the worlds frst standardproduction 3 liter vehicle.

December 23, 1999The assembly companySKODA Auto India Private Ltd.is established in Aurangabad.

1 9 9 5

Vehicle Production

VOLKSWAGENGROUP

3,408,422


VOLKSWAGENGROUP

Sales 88,119

Investments 6,863

Profit 336

Vehicle Sales

VOLKSWAGENGROUP

Germany 937,323

Abroad 2,504,623

Total 3,441,946


VOLKSWAGENGROUP

Employeesinforeign


Total 259,342



69/106

2 0 0 0 2 0 0 4

June 1, 2000The Autostadt opens inWolsburg.

December 11, 2001The Glserne Manuakturis opened in Dresden andproduction o the Phaetonbegins.

April 16, 2002Bernd Pischetsrieder becomesChairman o the Board o

Management o Volkswagen AG.August 2002Series production o the Touaregbegins at Volkswagen Slovakia,a.s. in Bratislava.

December 2002

Production o the Touran startsin Wolsburg. Ater only sixyears, the versatile compactvan boasting high qualityworkmanship already topsthe one million mark.

August 2003Production o the ithgeneration Gol begins.

2 0 0 0

Vehicle Production

VOLKSWAGENGROUP

(thousands) 5,156

Financial Data (million )

VOLKSWAGENGROUP

Sales 81,835

Investments 14,563

Profit 2,614

Vehicle Sales

VOLKSWAGENGROUP

Germany(thousands) 1,019

Abroad(thousands) 4,146

Total (thousands) 5,165


VOLKSWAGENGROUP

EmployeesinforeignGroup

companies(thousands) 160.3

Total (thousands) 324.4



70/106

2 0 0 5

March 11, 2005The sixth generation Passatlimousine is launched, thesuccessul Passat Estate modelollows on August 19.

May 24, 2005The one hundred millionthVolkswagen, a Touran, leavesthe assembly line at the Wols burg plant.

September 15, 2005

The Bugatti Veyron takes to theroad. The technical wonder romthe 1001 hp world in Molsheim,Alsace, transorms the masterlyengineering cratsmanshipo the automotive visionaryEttore Bugatti into contempora

ry automotive perormance.

September 21, 2005Production o VolkswagenCommercial Vehicles newConstellation truck amilybegins in Resende, Brazil. The

seven to orty tonne trucks holda 33 percent share o the marketin Brazil.

2 0 0 5

Vehicle Production

VOLKSWAGENGROUP

(thousands) 5,219


VOLKSWAGENGROUP

Sales 93,996

Investments 10,365

Profit 1,050

Vehicle Sales

VOLKSWAGENGROUP





VOLKSWAGENGROUP


companies(thousands) 166

Total (thousands) 345



71/106

2 0 0 6

Vehicle Production

VOLKSWAGENGROUP

(thousands) 5,660


VOLKSWAGENGROUP

Sales 104,875

Investments 11,911

Profit 1,955

Vehicle Sales

VOLKSWAGENGROUP





VOLKSWAGENGROUP




2 0 0 6

March 3, 2006Series production o theRoomster, much acclaimed orits clever space concept, starts atthe Skoda plant in Kvasiny.

March 10, 2006Market launch o the Audi Q7,the third generation luxury SUV;52,750 vehicles had alreadybeen sold by the end o the year.

May 19, 2006

The Volkswagen Eos, the newconvertible coup, is launchedon the German market.

October 3, 2006Volkswagen acquires an initial15.06 percent stake in MAN

Aktiengesellschat.November 1, 2006The collective bargaining agree ment between Volkswagen AGand IG Metall providing or aworking time corridor with aceiling o 34 hours comes into

orce. At the same time, produc tion volumes are agreed or thesix traditional plants in order toimprove capacity utilization andsaeguard jobs.

December 1, 2006

Volkswagen Financial Servicestakes over the processing omotor vehicle third partyliability claims with a view toimproving repair quality by inte grating the Groups authorizedworkshops and saeguarding

customer riendly claimsprocessing.



72/106

2 0 0 7

Vehicle Production

VOLKSWAGENGROUP

(thousands) 6,213


VOLKSWAGENGROUP

Sales 108,897

Investments 13,497

Profit 4,122

Vehicle Sales

VOLKSWAGENGROUP





VOLKSWAGENGROUP




2 0 0 7

January 1, 2007Dr. Martin Winterkorn becomesChairman o the Board oManagement o VolkswagenAktiengesellschat.

March 23, 2007The 25 millionth Gol, a GolSportline 1.4 TSI, leaves theassembly line at the Wolsburgplant.

July 9, 2007

The Autostadt in Wolsburg de livers its one millionth vehicle.

August 2007Series production o the Tiguancompact SUV characterizedby versatility, high quality

cratsmanship and technicalinnovations such as the electro mechanical steering system begins in Wolsburg.

October 5 - 7, 2007International VW Bus Meetingin Hanover to celebrate60 Years o the Bulli.

November 9, 2007The 15 millionth Passat to bebuilt worldwide leaves theassembly line at the Emdenplant.

December 5, 2007Volkswagen unveils the NewSmall Family, presenting threeversions o the up! concept car atthe Bologna Motor Show.



73/106

2 0 0 8

March 3, 2008Volkswagen increases its capitalinterest in Scania to 37.73percent and its share o thevoting rights to 68.60 percent.

The Swedish truck manuacturerounded in 1891 is integrated inthe Group as the ninth brand.

April 18, 2008Shanghai Volkswagen opens itsourth production plant withan annual capacity o 60,000vehicles in Nanjing.

August 16, 2008Bugatti presents the Veyron16.4 Grand Sport, a super sportsroadster.

September 2008Volkswagen presents the sixthgeneration o the Gol.

October 30, 2008By setting up a subsidiaryin China, Lamborghinistrengthens its commitment

to developing strategic growthmarkets.

December 15, 2008Volkswagen sells its heavytruck business in Brazil toMAN Aktiengesellschat.

December 16, 2008koda opens a new TechnologyCenter in Mlad Boleslav, thusexpanding its competence inpassenger car development.

2 0 0 8

Vehicle Production

VOLKSWAGENGROUP

(thousands) 6,347


VOLKSWAGENGROUP

Sales 113,808

Investments 19,710

Profit 4,688

Vehicle Sales

VOLKSWAGENGROUP





VOLKSWAGENGROUP






74/106

2 0 0 9

January 18, 2009Volkswagen writes motorsporthistory with the Race Touareg:a double victory or the brandand the frst win by a diesel in

the automobile category at theDakar Rally across Argentinaand Chile.

March 31, 2009The new plant with an annualproduction capacity o up to

110,000 vehicles opens in theIndian city o Pune.

May 11, 2009Press presentation o the newPolo: the new model is in a classo its own when it comes to

quality, workmanship, saetyand efciency. So it is hardlysurprising that the vehicle winsmany awards, including Car othe Year 2010.

May 23, 2009

VL Wolsburg soccer clubbecomes German champion orthe very frst time: the success othis particular brand ambassa dor delights ans both ar andnear.

September 15, 2009Ultra streamlined, ultra lightand ultra sae: Volkswagenpresents its automotive updateon the uture with the near production prototype o thesensational 1 liter car, the L1,

at the Frankurt Motor Show.

2 0 0 9

Vehicle Production

VOLKSWAGENGROUP

(thousands) 6,055


VOLKSWAGENGROUP

Sales 105,187

Investments 10,428

Profit 911

Vehicle Sales

VOLKSWAGENGROUP





VOLKSWAGENGROUP






75/106

October 20, 2009At an inauguration ceremonyattended by Russias PrimeMinister Putin, the productionplant in Kaluga, Russia, designed

or an annual capacity o up to150,000 units which beganvehicle assembly in November2007 starts ull production withits own body shop, paint shopand assembly lines.

October 29, 2009The Group Board o Manage ment, the International Metal workers Federation andVolkswagen employee represen tatives agree binding minimumstandards regarding in house

participation rights or demo cratically elected labour repre sentatives in the Charter onLabour Relations.

December 7, 2009Volkswagen Aktiengesellschat

takes a 49.9 percent participationin Dr. Ing. h.c. F. Porsche AG, amilestone on the path towardsan integrated automotive group.

December 9, 2009A cross shareholding and a

long term strategic partnershipare agreed with Suzuki MotorCorporation, the Japanesemini car manuacturer.



76/106

2 0 1 0

Vehicle Production

VOLKSWAGENGROUP

(thousands) 7,358


VOLKSWAGENGROUP

Sales 126,875

Investments 9,278

Profit 7,226

Vehicle Sales

VOLKSWAGENGROUP





VOLKSWAGENGROUP





2 0 1 0

February 27, 2010Start o the Think Blue. imageand marketing campaign, whichis an expression o responsiblecorporate behavior to achieve

efcient and sustainablemobility or everyone.

March 2,2010Volkswagen enters the pickupsegment with the debut o theEuropean version o the Amarok

at the Geneva Motor Show. TheAmerican version unveiled inArgentina a month earlier aimsto score in the classic pickupregions with emission levels thatare lower than those o otherpickups.

April 14,2010The issue o 65 million preerredbearer shares increases theshare capital o VolkswagenAktiengesellschat by a nominal166.2 million. The worlds

largest capital increase in theautomotive sector raised by apublic oering generates netproceeds o approximately 4.1billion.


77/106


May 3,2010The Gol blue e motion conceptcar, an all electric version o themost successul Volkswagenmodel, is presented as part o

the National Platorm orElectric Mobility initiated byGerman Chancellor AngelaMerkel.

May 11,2010Production o the 7 speed dualclutch transmission (DSG)begins at Volkswagen AutomaticTransmission Co. in Dalian,China. In the frst phase, theplant will produce 300,000 unitsper year and the capacity will bedoubled in the medium term.

Some 6 billion is being investedin Chinese production plantssuch as the new plants in Foshan,southern China, and Yizhen,eastern China, or the period upto 2012.

July 20, 2010The new, generously redimen sioned Jetta debuts at the international driving presentation inSan Francisco as a sporty, avant garde and yet uel efcientsedan German engineering at

its best.

August 9,2010The Volkswagen Group acquiresa 90.1 percent stake in ItaldesignGiugiaro S.p.A, Turin, Italy,having already made an

announcement on May 25,2010, that the amous designcompany is to be integrated inthe Group. Italdesigns develop ment center, whose orderbooks are well flled, takes onnumerous tasks in connection

with the Volkswagen Groupsongoing model initiative.

September 30,2010The seventh generation o thePassat makes its world premierein Paris. The sedan and the

station wagon highlight thequality and precision o theVolkswagen model series withtheir pure lines, clearlystructured suraces and dynamicproportions coupled with top class eatures.

December 21,2010As part o its 2018 growthstrategy, Volkswagen signs anagreement with DRB Hicom inKuala Lumpur concerning localvehicle assembly with a view todeveloping the Malaysian auto motive market. It is planned tobuild the Passat in Pekan romthe end o 2011; in a secondexpansion phase, the Volks wagen Jetta and Passat are to bemanuactured locally at a ull

scale production plant rom theend o 2012.


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THE MODEL RANGE OF THE VOLKSWAGEN GROUP

December 31, 2010

V O L K S W A G E N (www.volkswagen.com)

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Spacefox (South America)

Polo

Crossfox (South America)

Polo Sedan (Russia)

New Fox (South America)Fox

Polo BlueMotion Polo GTI


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December 31, 2010


77

Polo Vivo Sedan (South Africa)

Polo Sedan (South America)

CrossPolo

Polo Jinqu (China)

Polo Vivo (South Africa)

Polo Jinqing (China)

Polo Cross (China)

Polo GT (South America)


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THE MODEL RANGE OF THE VOLKSWAGEN GROUP

December 31, 2010


78

Golf

Gol (South America)

Golf GTD

Golf PlusGolf GTI

Voyage (South America) Gol Rallye (South America)

Gol G4 (South America)


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Navigator 2011.Web150dpi Englisch

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