VOLKSWAGEN GROUP CUSTOMER DELIVERIES WORLDWIDE
What you'll find in this chapter:
Goals and Strategies
The Volkswagen Group aims to increase its unit sales and profitability for the long term.
Internal Management System and Key Performance Indicators
Based on the goals set out in our Strategy 2018, this chapter describes how the Volkswagen Group is managed and the key performance indicators used for this.
Structure and Business Activities
This chapter describes the legal and organizational structure of the Volkswagen Group and explains the material changes in 2013 with respect to equity investments.
Corporate Governance Report
The future of the Volkswagen Group depends on our ability to continually increase the Company’s value.
The Remuneration Report details the individualized remuneration of the Board of Management and the Supervisory Board of Volkswagen AG, broken down into components, as well as individualized pension provision disclosures for the members of the Board of Management.
Members of the Board of Management and their Appointments.
Disclosures Required Under Takeover Law
In this section, we present the disclosures relating to takeover law required by sections 289(4) and 315(4) of the HGB.
The global economy recorded only moderate growth in fiscal year 2013.
Shares and Bonds
Volkswagen AG’s ordinary and preferred shares again posted gains in fiscal 2013.
Results of Operations, Financial Position and Net Assets
The Volkswagen Group continued its successful course despite the difficult market environment, with sales revenue and operating profit again up on the record prior-year level in fiscal year 2013.
The Board of Management of Volkswagen AG believes that the Group’s economic position is positive.
Value added statement
The value added statement indicates the added value generated by a company in the past fiscal year as its contribution to the gross domestic product of its home country, and how it is appropriated.
Vehicle production up year-on-year, sales and earnings below prior-year figures.
Sustainable Value Enhancement
Our corporate governance is geared towards sustainable value enhancement.
Report on Expected Developments
The global economy and many automotive markets are expected to continue growing in 2014.
Report on Risks and Opportunities
Our Company’s long-term success also depends on how promptly we identify the risks and opportunities arising from our operating activities and how forward-looking we are in managing them.
Prospects for 2014
The Volkswagen Group’s Board of Management expects the global economy to record slightly stronger growth in 2014 than in the previous year, despite some uncertainties.