Annual Report
2023
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To our Shareholders
To our Shareholders
Letter to our Shareholders
The Board of Management
Report of the Supervisory Board
Report of the Supervisory Board
Committee activities
Topics discussed by the Supervisory Board
Conflicts of interest
Corporate Governance and Declaration of conformity
Composition of the Supervisory Board and Board of Management
Audit of the annual and consolidated financial statements
Divisions
Divisions
Brands and Business Fields
Volkswagen Passenger Cars
Škoda
SEAT/CUPRA
Volkswagen Commercial Vehicles
Audi
Porsche
TRATON GROUP
Volkswagen Group China
Volkswagen Financial Services
Corporate Governance
Corporate Governance
Group Corporate Governance Declaration
Group Corporate Governance Declaration
Declarations of conformity
Board of Management
Supervisory Board
Disclosures required by the Führungspositionen-Gesetz
Remuneration Report
Corporate practices
Members of the Board of Management
Members of the Supervisory Board and Committees
Remuneration Report
Remuneration Report
Board of Management Remuneration
Supervisory Board Remuneration
Group Management Report
Group Management Report
Goals and Strategies
Internal Management System and Key Performance Indicators
Structure and Business Activities
Disclosures Required under Takeover Law
Business Development
Business Development
Trends in the markets
New group models in 2023
Deliveries
Orders received
Financial Services
Sales to the dealer organization
Production
Inventories
Employees
Shares and Bonds
Shares and Bonds
Dividend
Shareholder structure
Share key figures
Refinancing
Ratings
ESG ratings
Results of Operations, Financial Position and Net Assets
Results of Operations, Financial Position and Net Assets
Results of Operations
Financial Position
Net Assets
Return on investment (ROI) and value contribution
Summary
Volkswagen AG
Volkswagen AG
Annual Result
Net Assets and Financial Position
Dividend
Business Development
Sustainable Value Enhancement
Sustainable Value Enhancement
Sustainability
Integrity and compliance
Research and Development
Procurement
Technology
Production
Sales and Marketing
Quality
Employees
Information Technology
Separate nonfinancial Group report
Post-balance sheet date events
EU Taxonomy
EU Taxonomy
Economic activities of the Volkswagen Group
Do no significant harm (DNSH)
Minimum safeguards
Key performance indicators in accordance with the EU Taxonomy regulation
Report on Expected Developments
Report on Expected Developments
Development of the global economy
Passenger cars and light commercial vehicles
Commercial vehicles
Power Engineering
Financial services
Exchange rate, interest rate and commodity price trends
Model innovations in 2024
Investment and financial planning
Summary of expected developments
Report on Risks and Opportunities
Report on Risks and Opportunities
Risk management and control system
Risks and opportunities
Risks and opportunities
Risks and opportunities from the macroeconomy, the sector, markets and sales
Research and development risks
Operational risks and opportunities
Environmental and social risks
Legal risks
Financial risks
Opportunities and risks from mergers and acquisitions and/or other strategic partnerships/investments
Overall assessment of the risk and opportunity position
Outlook
Consolidated Financial Statements
Consolidated Financial Statements
Income Statement
Statement of Comprehensive Income
Balance Sheet
Statement of Changes in Equity
Cash flow Statement
Notes
Notes
Basis of presentation
Basis of presentation
Accounting standards
Key events
Effects of climate change
Basis of consolidation
Currency translation
Accounting policies
Segment reporting
Income Statement Disclosures
Balance Sheet Disclosures
Other Disclosures
Responsibility Statement
Independent Auditors’ Report
Independent Auditors’ Report (on the Remuneration Report)
Downloads
Chart Generator
To our Shareholders
To our Shareholders
Home
Letter to our Shareholders
The Board of Management
Report of the Supervisory Board
Report of the Supervisory Board
Committee activities
Topics discussed by the Supervisory Board
Conflicts of interest
Corporate Governance and Declaration of conformity
Composition of the Supervisory Board and Board of Management
Audit of the annual and consolidated financial statements
Downloads
Chart Generator
Divisions
Divisions
Home
Brands and Business Fields
Volkswagen Passenger Cars
Škoda
SEAT/CUPRA
Volkswagen Commercial Vehicles
Audi
Porsche
TRATON GROUP
Volkswagen Group China
Volkswagen Financial Services
Downloads
Chart Generator
Corporate Governance
Corporate Governance
Home
Group Corporate Governance Declaration
Group Corporate Governance Declaration
Declarations of conformity
Board of Management
Supervisory Board
Disclosures required by the Führungspositionen-Gesetz
Remuneration Report
Corporate practices
Members of the Board of Management
Members of the Supervisory Board and Committees
Remuneration Report
Remuneration Report
Board of Management Remuneration
Supervisory Board Remuneration
Downloads
Chart Generator
Group Management Report
Group Management Report
Home
Goals and Strategies
Internal Management System and Key Performance Indicators
Structure and Business Activities
Disclosures Required under Takeover Law
Business Development
Business Development
Trends in the markets
New group models in 2023
Deliveries
Orders received
Financial Services
Sales to the dealer organization
Production
Inventories
Employees
Shares and Bonds
Shares and Bonds
Dividend
Shareholder structure
Share key figures
Refinancing
Ratings
ESG ratings
Results of Operations, Financial Position and Net Assets
Results of Operations, Financial Position and Net Assets
Results of Operations
Financial Position
Net Assets
Return on investment (ROI) and value contribution
Summary
Volkswagen AG
Volkswagen AG
Annual Result
Net Assets and Financial Position
Dividend
Business Development
Sustainable Value Enhancement
Sustainable Value Enhancement
Sustainability
Integrity and compliance
Research and Development
Procurement
Technology
Production
Sales and Marketing
Quality
Employees
Information Technology
Separate nonfinancial Group report
Post-balance sheet date events
EU Taxonomy
EU Taxonomy
Economic activities of the Volkswagen Group
Do no significant harm (DNSH)
Minimum safeguards
Key performance indicators in accordance with the EU Taxonomy regulation
Report on Expected Developments
Report on Expected Developments
Development of the global economy
Passenger cars and light commercial vehicles
Commercial vehicles
Power Engineering
Financial services
Exchange rate, interest rate and commodity price trends
Model innovations in 2024
Investment and financial planning
Summary of expected developments
Report on Risks and Opportunities
Report on Risks and Opportunities
Risk management and control system
Risks and opportunities
Risks and opportunities
Risks and opportunities from the macroeconomy, the sector, markets and sales
Research and development risks
Operational risks and opportunities
Environmental and social risks
Legal risks
Financial risks
Opportunities and risks from mergers and acquisitions and/or other strategic partnerships/investments
Overall assessment of the risk and opportunity position
Outlook
Downloads
Chart Generator
Consolidated Financial Statements
Consolidated Financial Statements
Home
Income Statement
Statement of Comprehensive Income
Balance Sheet
Statement of Changes in Equity
Cash flow Statement
Downloads
Chart Generator
Notes
Notes
Home
Basis of presentation
Basis of presentation
Accounting standards
Key events
Effects of climate change
Basis of consolidation
Currency translation
Accounting policies
Segment reporting
Income Statement Disclosures
Balance Sheet Disclosures
Other Disclosures
Responsibility Statement
Independent Auditors’ Report
Independent Auditors’ Report (on the Remuneration Report)
Downloads
Chart Generator
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