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FACTSANDFIGURES    NAVIGATOR2010




  Driving ideas.
TA B L E O F C O N T E N T S                                 1

Table of Contents                                       1	
The Volkswagen Group                                    2
Board of Management of Volkswagen AG                    4
Supervisory Board                                       5
Key Figures                                             6
Five-Year Review                                        8
Volkswagen Share Key Figures                           10
Share Price Development from Dec. 2004 to Dec. 2009    12
Significant Group Companies                            14
Production Network                                     16
	      Germany                                         16
	      Europe                                          18
	      North/South	America	and	South	Africa            22
	      Asia/Pacific                                    23
Environment and Transport                              25
Deliveries to Customers                                26
Competitive Situation                                  33
	      Market	Shares	of	New	Passenger	Car
	      Registrations	by	Country	                       33
	      New	Passenger	Car	Registrations	by	Market       34
Developments in Workforce                              36
Employees in Technical Development                     40
General Procurement Information                        42
	      Procurement	Volumes	by	Brand	and	Company        42
Organizational Charts                                  43
	      Volkswagen	Passenger	Cars                       43
	      Audi                                            44
       SEAT		                                          45
       ãkoda                                           46
       Volkswagen	Commercial	Vehicles	                 47
	      Bentley                                         48
	      Bugatti                                         49
	      Lamborghini		                                   50
	      Scania	                                         51
	      Volkswagen	Financial	Services	AG	               52
Historical Notes                                       54
The Model Range of the Volkswagen Group                74
	      Volkswagen	Passenger	Cars                       74
	      Audi                                            82
	      SEAT		                                          87	
	      ãkoda                                           90
	      Volkswagen	Commercial	Vehicles	                 93
       Bentley		                                       97
	      Bugatti                                         98
	      Lamborghini		                                   99
	      Scania                                         100
2 T H E VO L K SWA G E N G R O U P




  The Volkswagen Group with its headquarters in Wolfsburg is
  one of the world’s leading automobile manufacturers and the
  largest carmaker in Europe. In 2009, the Group increased the
  number of vehicles delivered to customers to 6.336 million
  (2008: 6.257 million), corresponding to a 11.3 percent share
  of the world passenger car market.

  In Western Europe, the largest car market in the world, just
  over one in five new cars (20.9 percent) comes from the Volks­
  wagen Group. Group sales came in 2009 to 105.2 billion euros
  (2008: 113.8 billion). Profit after tax in the 2009 financial year
  amounted to 0.9 billion euros (2008: 4.69 billion).

  The Group is made up of nine brands from seven European
  countries: Volkswagen, Audi, SEAT, Skoda, Volkswagen
  Commercial Vehicles, Bentley, Bugatti, Lamborghini and
  Scania.
w w w.v o l k s w a g e n a g . c o m                                  3




Each brand has its own character and operates as an in­
dependent entity on the market. The product range extends
from low­consumption small cars to luxury class vehicles.
In the commercial vehicle sector, the product offering spans
pick ups, busses and heavy trucks.

The Group operates 60 production plants in fifteen
European countries and a further six countries in the
Americas, Asia and Africa. Around the world, nearly
370,000 employees produce about 26,000 vehicles or
are involved in vehicle­related services each working day.
The Volkswagen Group sells its vehicles in 153 countries.

It is the goal of the Group to offer attractive, safe and
environmentally sound vehicles which are competitive
on an increasingly tough market and which set world
standards in their respective classes.




                                                   December 31, 2009
4 B OA R D O F M A N A G E M E N T O F VO L K SWA G E N A G




  	           	




  	 	 Board	of	Management	of	Volkswagen	Aktiengesellschaft	
  	 	
  	 	 Prof.	Dr.	rer.	nat.	Martin	Winterkorn
  	 	 	    Chairman,
  	 	 	    Research	and	Development


  	 	 Prof.	Dr.	rer.	pol.	Jochem	Heizmann
  	 	 	    Production


  	 	 Christian	Klingler
  	 	 	    Sales	and	Marketing


  	 	 Prof.	Dr.	rer.	pol.	Horst	Neumann
  	 	 	    Human	Resources	and	Organization


  	 	 Hans	Dieter	Pötsch
  	 	 	    Finance	and	Controlling
  	 	
  	 	 Dr.	rer.	pol.	h.c.	Francisco	Javier	Garcia	Sanz
  	 	 	    Procurement


  	 	 Rupert	Stadler
  	 	 	    Chairman	of	the	Board	of	Management	
  	 	 	    of	AUDI	AG




                                                          February 1, 2010
SU PERVISORY BOAR D                    w w w.v o l k s w a g e n a g . c o m / i r   5




Hon.-Prof. Dr. techn. h.c.                Roland Oetker
Dipl.-Ing. ETH                            Managing	Partner	of	
Ferdinand K. Piëch                        ROI	Verwaltungsgesellschaft	mbH;	
Chairman                                  Hon.	President	of	Deutsche	Schutz­
	                                         vereinigung	für	Wertpapierbesitz	e.V.
Jürgen Peters
Deputy	Chairman                           Bernd Osterloh
                                          Chairman	of	the	General	and	Group	
                                          Works	Councils	of	Volkswagen	AG
Jörg Bode
Minister	of	Economic	Affairs,	Labor	
                                          Dr. jur. Hans Michel Piëch
and	Transport	for	the	Federal	State	
                                          Lawyer	in	private	practice
of	Lower	Saxony

                                          Dr. jur. Ferdinand Oliver Porsche
Dr. jur. Michael Frenzel
                                          Member	of	the	Board	of	
Chairman	of	the	
                                          Management	of	Familie	Porsche	AG	
Board	of	Management	of	TUI	AG
                                          Beteiligungsgesellschaft

Babette Fröhlich
                                          Dr. rer. comm. Wolfgang Porsche
IG	Metall,	with	responsibility	for	
                                          Chairman	of	the	Supervisory	Board	
Strategic	Planning
                                          of	Porsche	Automobil	Holding	SE;	
                                          Chairman	of	the	Supervisory	Board	
Dr. jur. Hans Michael Gaul
                                          of	Dr.	Ing.	h.c.	F.	Porsche	AG

Dr. Ing. Jürgen Großmann
                                          Wolfgang Ritmeier
Chairman	of	the	Board	of	Manage­
                                          Chairman	of	the	Board	of	Manage­
ment	of	RWE	AG;	Partner,	Georgs­
                                          ment	of	Volkswagen	Management	
marienhütte	Holding	GmbH
                                          Association	(VMA)

Peter Jacobs
                                          Heinrich Söfjer
Chairman	of	the	Works	Council	at	
                                          Member	of	the	Works	Council
the	Volkswagen	AG	Emden	plant
                                          Volkswagen	Commercial	Vehicles

Hartmut Meine
                                          Jürgen Stumpf
Director	of	the	Lower	Saxony	and	
                                          Chairman	of	the	Works	Council	at	
Saxony­Anhalt	Regional	Office	of	
                                          the	Volkswagen	AG	Kassel	plant
IG	Metall

                                          Bernd Wehlauer
Peter Mosch
                                          Deputy	Chairman	of	the	General		
Chairman	of	the	General	Works	
                                          and	Group	Works	Councils	of	
Council	of	AUDI	AG
                                          Volkswagen	AG


                                          Christian Wulff
                                          Minister­President	of	the	
                                          Federal	State	of	Lower	Saxony

                                                                 December 31, 2009
6 KEY FIGURES



   VO L K SWA G E N G R O U P

   Volume Data 1                                        2009        2008        %

   Vehicle	sales	(units)                            6,309,743   6,271,724    + 0.6

   Production	(units)                               6,054,829   6,346,515    – 4.6

   Employees	at	Dec.	31                              368,500     369,928     – 0.4


   Financial Data (IFRSs), € million                    2009        2008        %

   Sales	revenue                                     105,187     113,808     – 7.6

   Operating	profit                                    1,855       6,333    – 70.7

   Profit	before	tax                                   1,261       6,608    –	80.9

   Profit	after	tax                                      911       4,688    – 80.6

   Profit	attributable	to	shareholders	
   of	Volkswagen	AG                                      960       4,753    – 79.8

   Cash	flows	from	operating	activities 2             12,741       2,702        x

   Cash	flows	from	investing	activities 2             10,428      11,613    – 10.2

   Automotive	Division	3

   EBITDA 4                                            8,005      12,108    – 33.9

   	 Cash	flows	from	operating	activities 2           12,815       8,800    +	45.6

   	 Cash	flows	from	investing	activities	2           10,252      11,479    – 10.7

   	 of	which:	investments	in	property,	plant
   		 	          and	equipment 2                       5,783       6,773    – 14.6

   	 	           as	a	percentage	of	sales	revenue         6.2         6.6

   	 	           capitalized	development	costs         1,948       2,216    – 12.1

   	 	        	 	as	a	percentage	of	sales	revenue         2.1         2.2

   Net	cash	flow                                       2,563      – 2,679       x

   Net	liquidity	at	Dec.	31                           10,636       8,039    + 32.3

   Return ratios in %                                   2009        2008

   Return	on	sales	before	tax                             1.2         5.8

   Return	on	investment	after	tax
   (Automotive	Division)                                  3.8        10.9

   Return	on	equity	before	tax
   (Financial	Services	Division)	6                        7.9        12.1
w w w.v o l k s w a g e n a g . c o m / i r                                                      7



    VO L K SWA G E N A G

    Volume Data                                            2009            2008           %

    Vehicle	sales	(units)                          2,053,427         2,388,014       – 14.0

    Production	(units)                             1,038,344         1,137,145         – 8.7

    Employees	at	Dec.	31 7                             95,164           90,363         + 5.3


    Financial Data (HGB), € million                        2009            2008           %

    Sales                                              47,864           56,710       – 15.6

    Net	income                                             1,082            827      +	30.8




1) Including	volume	data	for	the	vehicle­production	investments	
	   Shanghai­Volkswagen	Automotive	Company	Ltd.	and	FAW­Volkswagen	Automotive	
	   Company	Ltd.,	which	are	accounted	for	using	the	equity	method.

2) 2008	adjusted.

3) Including	allocation	of	consolidation	adjustments	between	
	   the	Automotive	and	Financial	Services	divisions.

4) Operating	profit	plus	net	depreciation	/	amortization	and	impairment	losses	/	reversals	
	   of	impairment	losses	on	property,	plant	and	equipment,	capitalized	development	costs,	
	   leasing	and	rental	assets,	goodwill	and	financial	assets	as	reported	in	the	cash	flow	statement.

5)	 Excluding	acquisition	and	disposal	of	equity	investments:	€7,585	million	(€8,879	million).

6)	 Profit	before	tax	as	a	percentage	of	average	equity.

7)	 2009	including	Auto5000	GmbH.



                                                                          December 31, 2009
8 F I V E -YEA R R EV I EW




    Volume Data (thousands)


    Vehicle Sales (units)
    Germany
    Abroad
    Production (units)
    Germany
    Abroad
    Employees	(yearly	average)
    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 2007	adjusted.
w w w.v o l k s w a g e n a g . c o m / i r                                       9




      2009              2008              2007        2006             2005


      6,310            6,272             6,192        5,720           5,193
      1,288            1,013             1,030        1,093           1,019
      5,022            5,259             5,162        4,627           4,174
      6,055            6,347             6,213        5,660           5,219
      1,938            2,146             2,086        1,935           1,913
      4,117            4,201             4,127        3,725           3,306
        367              357                  329      329              345
        173              178                  175      174              179
        194              179                  154      155              166


      2009              2008              2007        2006             2005


   105,187           113,808          108,897       104,875          93,996


      1,261            6,608             6,543        1,793           1,621
        911            4,688             4,122        1,955           1,050


    12,741             2,702             9,308       14,470          10,709
    10,428            11,613             7,120       11,911          10,365




                                                              December 31, 2009
10 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
       Number	of	no­par	value	shares	at	Dec.	31                                    	
       	   Ordinary	shares                                                         	 thousands	
       	   Preferred	shares                                                        	 thousands
       Dividend
       	   per	ordinary	share                                                      	             €	
       	   per	preferred	share                                                     	             €

       Share price development 1
       Ordinary	shares                                                             	
       	   Closing                                                                 	             €
       	   Annual	high                                                             	             €
       	   Annual	low                                                              	             €
       Preferred	shares
       	   Closing                                                                 	             €
       	   Annual	high                                                             	             €	
       	   Annual	low                                                              	             €
       Market	capitalization	at	Dec.	31                                            	    € billion
       Equity	at	Dec.	31                                                           	    € billion
       Ratio	of	market	capitalization	to	equity                                    	       factor

       Key figures per share
       Earnings	per	ordinary	share	
       	   basic                                                                   	             €	
       	   diluted                                                                 	             €
       Operating	profit 3                                                          	             €
       Cash	flows	from	operating	activities 3                                      	             €
       Equity 4                                                                    	             €
       Price/earnings	ratio 5                                                      	       factor
       Price/cash	flow	ratio 5                                                     	       factor
       Dividend	yield                                                              	
       	   ordinary	share                                                          	             %
       	   preferred	share                                                         	             %
       Price	development	(excluding	dividends)                                     	
       	   ordinary	share                                                          	             %
       	   preferred	share                                                         	             %


       Turnover on German stock exchanges 6
       Turnover	of	Volkswagen	ordinary	shares                                	          € billion
                                                                                 million	shares
       Volkswagen	share	of	total	DAX	turnover                                                    %
           1)	Xetra	prices.
           2)	For	2006	from	continuing	and	discontinued	operations.
           3)	Based	on	the	weighted	average	number	of	ordinary	and	preferred	shares	outstanding	(basic).
w w w.v o l k s w a g e n a g . c o m / i r                                                       11




     2009                  2008                 2007                 2006               2005


 295,005              294,920              291,337               286,980            321,930
 105,238              105,238              105,238               105,238            105,238


      1.60                 1.93                 1.80                  1.25              1.15
      1.66                 1.99                 1.86                  1.31              1.21

     2009                  2008                 2007                 2006               2005


    77.00               250.00               156.10                 85.89              44.61
  298.85                945.00               197.90                 85.89              54.01
    72.41               148.43                 82.60                45.10              31.88


    65.74                38.02               100.00                 56.55              32.50
    81.72               108.30               131.00                 56.55              40.00
    30.24                29.30                 54.14                32.85              24.00
      29.6                 77.7                 56.0                  30.6              15.9
      35.3                 35.0                 31.9                  26.9              23.6
      0.84                 2.22                 1.75                  1.14              0.67

     2009                 2008                  2007                 2006              2005


     2.38                 11.92                10.43                 7.07 2             2.90
     2.38                 11.88                10.34                 7.04 2             2.90
     4.64                 15.91                15.60                  5.18              6.60
    31.84                 27.13                39.72                37.32              27.86
    88.15                 87.49                80.38                68.59              55.25
     36.2                  21.0                  15.0                 12.1              15.4
       2.4                   9.2                  3.9                  2.3               1.6


       2.1                   0.8                  1.2                  1.5               2.6
       2.5                   5.2                  1.9                  2.3               3.7


   – 69.2                + 60.2               + 81.7               + 92.5             + 33.8
   + 72.9                – 62.0               + 76.8               + 74.0             + 33.1


     2009                  2008                 2007                 2006               2005
      23.5               136.5                 103.1                  50.5              30.9
    129.6                562.8                 877.3                770.4              735.7
      3.2 7                  8.0                  5.3                  3.9               3.3
 4)	Based	on	the	total	number	of	ordinary	and	preferred	shares	on	December	31.
 5)	Using	closing	prices	of	the	ordinary	shares.
 6)	Order	book	turnover	on	German	exchanges.
 7)	On	December	23, 2009,	preferred	shares	replaced	ordinary	shares	in	the	DAX.

                                                                              December 31, 2009
12 SHARE PRICE DEVELOPMENT FROM DEC. 2004 TO DEC. 2009




      800




      600




      400




      200


      100
            December	2004


                              March	2005


                                           June	2005


                                                       September	2005


                                                                        December	2005


                                                                                        March	2006


                                                                                                     June	2006


                                                                                                                 September	2006


                                                                                                                                  December	2006


                                                                                                                                                  March	2007




                            Index based on month-end prices:
                            Dec. 31, 2004 = 100
w w w.v o l k s w a g e n a g . c o m / i r                                                                                             13
June	2007


            September	2007


                                 December	2007


                                                 March	2008


                                                              June	2008


                                                                          September	2008


                                                                                           December	2008


                                                                                                           March	2009


                                                                                                                        June	2009


                                                                                                                                    September	2009


                                                                                                                                                     December	2009




                              Volkswagen preferred share                                             Volkswagen ordinary share

                              DJ Euro STOXX 50                                                       DJ Euro STOXX Automobile

                              German Share Index (DAX)


                                                                                                                                       December 31, 2009
14 S I G N I F I C A N T G R O U P C O M PA N I E S




    Name, location                                          Equity interest in %

    Automotive Division
    VOLKSWAGEN	AG,	Wolfsburg
    Volkswagen	Sachsen	GmbH,	Zwickau		                                     100.00
    VOLKSWAGEN	SLOVAKIA,	a.s.,	Bratislava/Slovak	Republic		                100.00
    SITECH	Sitztechnik	GmbH,	Wolfsburg		                                   100.00
    Volkswagen	Navarra,	S.A.,	Arazurí	(Navarra)/Spain		                    100.00
    AUTOEUROPA­AUTOMÓVEIS	LDA.,	Palmela/Portugal		                         100.00
    Volkswagen	Motor	Polska	Sp.z	o.o.,	Polkowice/Poland		                  100.00
    Volkswagen­Audi	España,	S.A.,	El	Prat	de	Llobregat	
    (Barcelona)/Spain		                                                    100.00
    Volkswagen	Original	Teile	Logistik	GmbH	&	Co.	KG,	Baunatal		            52.96
    VOLKSWAGEN	Group	United	Kingdom	Ltd.,	
    Milton	Keynes/United	Kingdom		                                         100.00
    Groupe	VOLKSWAGEN	France	s.a.,	Villers­Cotterêts/France		              100.00
    Automobilmanufaktur	Dresden	GmbH,	Dresden		                            100.00
    Volkswagen	Poznan	Sp.z	o.o.,	Poznan/´ oland		
                                          P                                100.00
    Volkswagen	Group	Sverige	Aktiebolag,	Södertälje/Sweden	                100.00
    Auto	5000	GmbH,	Wolfsburg		                                            100.00
    Volkswagen	Group	of	America,	Inc.,	
    Herndon,	Virginia/USA		                                                100.00
    Volkswagen	Group	Canada,	Inc.,	Ajax,	Ontario/Canada		                  100.00
    VOLKSWAGEN	Group	Japan	K.K.,	Toyohashi/Japan		                         100.00
    OOO	VOLKSWAGEN	Group	Rus,	Kaluga/Russia		                               93.78

    AUDI	AG,	Ingolstadt		                                                   99.55
    AUDI	BRUSSELS	S.A./N.V.,	Brussels/Belgium		                            100.00
    AUDI	HUNGARIA	MOTOR	Kft.,	Györ/Hungary		                               100.00
    Audi	of	America,	LLC,	Herndon,	Virginia/USA		                          100.00
    Audi	Volkswagen	Korea	Ltd.,	Seoul/Korea		                              100.00
    Audi	Volkswagen	Middle	East	FZE,	
    Dubai/United	Arab	Emirates		                                           100.00
    Automobili	Lamborghini	Holding	S.p.A.,	Sant'	Agata	Bolognese/Italy		   100.00
    VOLKSWAGEN	GROUP	ITALIA	S.P.A.,	Verona/Italy		                         100.00
    quattro	GmbH,	Neckarsulm	                                              100.00

    SEAT,	S.A.,	Martorell,	Barcelona/Spain		                               100.00
    SEAT	Deutschland	GmbH,	Mörfelden­Walldorf		                            100.00
    Gearbox	del	Prat,	S.A.,	El	Prat	de	Llobregat	(Barcelona)/Spain		       100.00

    ãKODA	AUTO	a.s.,	Mladá	Boleslav/Czech	Republic		                       100.00
    ãkodaAuto	Deutschland	GmbH,	Weiterstadt		                              100.00
    ãKODA	AUTO	Slovensko	s.r.o.,	Bratislava/Slovak	Republic		              100.00
    ãKODA	AUTO	POLSKA,	S.A.,	Poznan/Poland		                                51.00

    Bentley	Motors	Ltd.,	Crewe/United	Kingdom		                            100.00

    Volkswagen	de	México,	S.A.	de	C.V.,	Puebla/Pue./Mexico		               100.00

    Volkswagen	do	Brasil	Ltda.,	São	Bernardo	do	Campo,	SP/Brazil		         100.00

    Volkswagen	Argentina	S.A.,	Buenos	Aires/Argentina		                    100.00

                                                                 December 31, 2009
w w w.v o l k s w a g e n a g . c o m / i r                                                           15




Name, location                                                           Equity interest in %

Volkswagen	of	South	Africa	(Pty)	Ltd.,	Uitenhage/South	Africa		                           100.00

Scania	AB,	Södertälje/Sweden	1	                                                            49.29
S.A.S.	Scania	Holding	France,	Angers/France	                                              100.00
Scania	Deutschland	Holding	GmbH,	Koblenz	                                                 100.00
Scania	Europe	Holding	B.V.,	Zwolle/The	Netherlands	                                       100.00
Scania	CV	AB,	Södertälje/Sweden	                                                          100.00

Shanghai­Volkswagen	Automotive	Company	Ltd.,	Shanghai/PR.	China 2 	 50.00
FAW­Volkswagen	Automotive	Company,	Ltd.,	Changchun/PR.	China 2		 40.00
Volkswagen	(China)	Investment	Company	Ltd.,	Beijing/PR.	China			 100.00

Volkswagen	Group	Services	S.A.,	Brussels/Belgium		                 100.00
Volkswagen	International	Finance	N.V.,	Amsterdam/The	Netherlands		 100.00

Porsche	Zwischenholding	GmbH,	Stuttgart 2,4                                                 49.90
Dr.	Ing.	h.c.	F.	Porsche	AG,	Stuttgart	                                                         –

MAN	SE,	Munich 3		                                                                          28.67

Financial Services Division
VOLKSWAGEN	FINANCIAL	SERVICES	AG,	Braunschweig		                       100.00
Volkswagen	Leasing	GmbH,	Braunschweig		                                100.00
Volkswagen	Bank	GmbH,	Braunschweig		                                   100.00
Volkswagen	Reinsurance	AG,	Braunschweig		                              100.00
Volkswagen­Versicherungsdienst	GmbH,	Wolfsburg		                       100.00
VOLKSWAGEN	FINANCE,	S.A.,	Alcobendas	(Madrid)/Spain		                  100.00
Volkswagen	Financial	Services	(UK)	Ltd.,	Milton	Keynes/United	Kingdom		100.00
Volkswagen	Financial	Services	N.V.,	Amsterdam/The	Netherlands		 100.00
Volkswagen	Financial	Services	Japan	Ltd.,	Tokyo/Japan		                100.00
ãkoFIN	s.r.o.,	Prague/Czech	Republic		                                 100.00

Global	Mobility	Holding	B.V.,	Amsterdam/The	Netherlands	 2, 5		                             50.00
LeasePlan	Corporation	N.V.,	Amsterdam/The	Netherlands	                                          –
Volkswagen	Pon	Financial	Services	B.V.,	
Amersfoort/The	Netherlands 2		                                                              60.00

VW	CREDIT,	INC.,	Wilmington,	Delaware/USA		                                               100.00
VOLKSWAGEN	LEASING	SA	DE	CV,	Puebla/Mexico		                                              100.00
VOLKSWAGEN	BANK	SA	INSTITUCION	DE	BANCA	MULTIPLE,
Puebla/Mexico		                                                                           100.00

Financial	services	companies	in	Brazil,	São	Paulo/Brazil		        100.00
Financial	services	companies	in	Argentina,	Buenos	Aires/Argentina		 00.00
                                                                  1

1)			The	share	of	the	voting	rights	in	Scania	is	71.81 %	and	thus	differs	from	the	equity	interest.
2)	 Joint	ventures	are	accounted	for	using	the	equity	method.
3)			The	share	of	the	voting	rights	in	MAN	is	29.9 %		and	thus	differs	from	the	
	 equity	interest.	The	company	is	accounted	for	using	the	equity	method.
4)		Porsche	Zwischenholding	GmbH,	Stuttgart,	holds	100 % of	the	shares	of	
	 Dr.	Ing.	h.	c.	F.	Porsche	AG,	Stuttgart.	
	 The	company‘s	fiscal	year	ends	on	June	30,	2010.
5)			Global	Mobility	Holding	B.	V.,	Amsterdam,	holds	all	shares	of	
	 LeasePlan	Corporation	N.	V.,		Amsterdam.

                                                                              December 31, 2009
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




               7



                      ö           4       3, 12
                                          5
                                      8



                                  6                              11
                                                           9
                                                      10




                              2
                                                  1




                                                               December 31, 2009
w w w.v o l k s w a g e n a g . c o m                                            17




GERMANY                                 7 Emden plant
                                        (7,500	employees)
AUDI AG (46,500	employees;              PASSAT,	PASSAT	VARIANT,	PASSAT	CC
founded	in	1909,	1965	acquisition	
of	50 %	of	the	capital	of	Auto­         8 Salzgitter plant
Union	GmbH;	today	more	than	            (6,000	employees)
99 %	owned	by	VOLKSWAGEN	AG)            engines


1 Ingolstadt plant                      Volkswagen Sachsen GmbH
AUDI	A3,	AUDI	A3	SPORTBACK,	AUDI	A4,	   (7,750	employees;	
AUDI	A4	AVANT,	AUDI	A4	ALLROAD,	        founded	in	1990; wholly	owned	
AUDI	A5	COUPÉ,	AUDI	A5	SPORT­           by VOLKSWAGEN	AG)
BACK,	AUDI	Q5, components:	engine	
components                              9 Chemnitz plant
                                        engines
2 Neckarsulm plant
AUDI	A4,	AUDI	A5	CABRIOLET,	            10 Zwickau plant
AUDI	A6,	AUDI	A6	AVANT,	AUDI	A6	        GOLF,	PASSAT
ALLROAD,	AUDI	A8,	AUDI	R8	COUPÉ,	
AUDI	R8	SPYDER                          Automobilmanufaktur
                                        Dresden GmbH
VOLKSWAGEN AG                           (380	employees;	founded	in	1998;
(95,200	employees;	founded	as	          wholly	owned	by VOLKSWAGEN	AG)
Volkswagenwerk	GmbH	in 1938)
                                        11 Gläserne Manufaktur
3 Wolfsburg plant                       Dresden
(50,000	employees)                      PHAETON
GOLF,	GOLF	PLUS,	TIGUAN,	
TOURAN,	components:	press	shop,	        SITECH Sitztechnik GmbH
chassis,	plastics	technology            (1,700	emloyees;	founded	in	2001;
                                        wholly	owned	by	SITECH	Sp.	z	o.o.)
4 Hanover plant
(12,750	employees)                      12 Wolfsburg plant
T5,	T5	GP,	components:	foundry,	        components:	seating	technology
heat	exchangers
                                        öVolkswagen Osnabrück
5 Brunswick plant                       GmbH
(5,500	employees)                       (from	2011)
chassis	components


6 Kassel plant
(13,450	employees)
gearboxes,	components:	foundry



                                                             December 31, 2009
18 P R O D U C T I O N N E T W O R K E U R O P E




                                                            25




                                                                 30
                                                  23


                                             24


                                                                              22
                                                  29

                16            28
                                                  18
                             27              19, 20

                            13
                                           39 4140
                                                       34
                                 15                33
                  26                              42

                                      17
                                                  14
                38     35
                       36
                       37

      21




                                                                 December 31, 2009
w w w.v o l k s w a g e n a g . c o m                                          19




BELGI UM                                ITALY

AUDI BRUSSELS S.A.                      Automobili Lamborghini
(2,200	employees;	                      S.p.A.
founded	in 1971;	wholly	owned	          (990 employees;	founded	in	1963,
by	VOLKSWAGEN	AG)                       wholly	owned	by	Automobili	
                                        Lamborghini	Holding	S.p.A.,		wholly	
13 Brussels plant                       owned	by	AUDI	AG	since	1998)
AUDI	A3	SPORTBACK,	POLO	(2009	
end	of	production)                      17 Sant’ Agata Bolognese plant
                                        GALLARDO	COUPÉ,	GALLARDO	
BOSN IA-H ERZEGOVI NA                   SPYDER,	MURCIÉLAGO	COUPÉ,	
                                        MURCIÉLAGO	ROADSTER,	engines
VOLKSWAGEN SARAJEVO,
d.o.o.                                  POLAND
(founded	in 1998;
58% VOLKSWAGEN	AG,	
                                        Volkswagen Pozna´ Sp. z o.o.
                                                        n
                                        (5,000	employees;	founded	in 1993; 	
42%	Prevent	Sarajevo	d.o.o.)
                                        wholly	owned	by Volkswagen	
                                        International	Finance	N.V.)
14 Sarajevo plant
Eco	Carrier,	components:
                                        18 Pozna´ plant
                                                n
ring	gears,	stub	axles
                                        CADDY	3, T5, T5	GP,	
                                        components:	foundry
FRANCE
                                        Volkswagen Motor Polska
Bugatti Automobiles SAS                 Sp. z o.o.
(65 employees;	founded	in	1910;	        (1,150	employees;	founded	in
part	of	the	Volkswagen	Group	           1998; wholly	owned	by Volkswagen	
since	1998;	today	wholly	owned	by	      Inter	 ational	Finance	N.V.)
                                             n
Groupe	VOLKSWAGEN	France	s.a.)
                                        19 Polkowice plant
15 Molsheim plant                       engines
VEYRON	16.4, VEYRON	GRAND	SPORT
                                        SITECH Sp. z o.o.
                                        (1,400	employees;	wholly	owned	
GREAT BRITAI N
                                        by Volkswagen	International	Finance	
                                        N.V.)
Bentley Motors Ltd.
(3,400 employees;	founded	in	1919;	     20 Polkowice plant
wholly	owned	by	VOLKSWAGEN	AG)          components:	seating	technology

16 Crewe plant
ARNAGE,	BROOKLANDS,		AZURE,	
CONTINENTAL	FLYING	SPUR,	
CONTINENTAL	GT,	
CONTINENTAL	GTC,	engines
                                                           December 31, 2009
20 P R O D U C T I O N N E T W O R K E U R O P E




    PORTUGAL                                25 Luleå plant (Sweden)
                                            Components	(production	of	
    AUTOEUROPA -                            frame	members)
    AUTOMÓVEIS LDA.
    (3,000	employees;	founded	in            26 Angers plant
    1991; 74 %	Volkswagen	Inter­            (France)
    national	Finance	N.V.;	26 % Global	     Assembly	of	trucks
    VW	Automotive	B.V.)
                                            27 Zwolle plant
    21 Palmela plant                        (The Netherlands)
    EOS,	SCIROCCO,	SHARAN,	                 Assembly	of	trucks
    SEAT	ALHAMBRA
                                            28 Meppel
    RUSSIA                                  (The Netherlands)
                                            Components,	components	paint	
    OOO Volkswagen Group Rus
                                            shop
    (2,000	employees;	founded	in
    1999; 28.06 %	VOLKSWAGEN	AG,	
                                            29 Slupsk plant (Poland)
    16.80 %	SKODA	AUTO	a.s.,	48.92 %	
                                            Assembly	of	bus	bodies
    Volkswagen	International	Finance	
    N.V.,	6.22 %	European	Bank	for	
                                            30 St. Petersburg plant
    Reconstruction	and	Development)
                                            (Russia)
                                            Assembly	of	bus	bodies
    22 Kaluga plant
    TIGUAN,	ãKODA	OCTAVIA,	several	
                                            31 São Paulo plant
    SKD	models	of	the	Volkswagen,	
                                            (Brazil)
    Volkswagen	Commercial	Vehicles,	
                                            Production	of	engines,	axles,	cabs,	
    ãkoda	and	Audi	brands
                                            truck	and	bus	chassis

    SWEDEN
                                            32 Tucumán plant
                                            (Argentina)
    Scania AB
                                            Powertrain	components	
    (32,330	employees*;	founded	in	
                                            (production)
    1891, VOLKSWAGEN	AG	49.29 %	
    share	capital	and	71.81 %	voting	
    rights)

    23 Södertälje plant
    (Sweden)
    Production	of	truck	and	bus	chassis,	
    components	(engines,	transmission	
    and	axle	production)	

    24 Oskarshamn plant
    (Sweden)
    Components	(production	of	cabs)


    *	as	reported	by	Scania                                      December 31, 2009
w w w.v o l k s w a g e n a g . c o m                                           21




SLOVAK REPUBLIC                         Volkswagen Navarra, S.A.
                                        (4,850	employees;
VOLKSWAGEN SLOVAKIA a.s.                founded	in	1993	when	the	
(6,600 employees;	                      Pamplona	plant	was	spun	off	from	
founded	in	1991;	wholly	owned	          SEAT	S.A.	as	”Fabrica	Navarra	de	
by	Volks	 agen	International	
        w                               A
                                        	 utomoviles	S.A.“,	100 %	SEAT,	S.A.)
Finance	N.V.)
                                        38 Pamplona plant
33 Bratislava plant                     POLO,	engines	(assembly	only)
TOUAREG,	ãKODA	OCTAVIA,	
AUDI	Q7, PORSCHE	CAYENNE,	              CZECH REPUBLIC
	gearboxes	(assembly	only)
                                        ãKODA AUTO a.s.
34 Martin plant                         (23,600 employees;
components:	gearboxes/chassis           founded	in	1895;	wholly	owned	
                                        by	Volkswagen	International	Finance	
SPAI N                                  N.V.)

SEAT, S.A.                              39 Mladá Boleslav plant
(11,500	employees;	                     FABIA,	FABIA	COMBI,	OCTAVIA,	
founded	in	1950,	wholly	owned	by	       OCTAVIA	COMBI,	engines,	gearboxes,	
VOLKSWAGEN	AG)                          components:	foundry


35 Barcelona plant                      40 Kvasiny plant
components:	press	shop                  ROOMSTER,	PRAKTIK,	YETI,	SUPERB,	
                                        SUPERB	COMBI
36 Martorell plant
IBIZA,	IBIZA	SC,	CORDOBA,	LEON,	        41 Vrchlabí plant
TOLEDO,	ALTEA,	ALTEA	XL,	               OCTAVIA,	OCTAVIA	COMBI
ALTEA	FREETRACK,	EXEO,	EXEO	ST,
engines	(assembly	only)                 H U NGARY

Gearbox del Prat, S.A.                  AUDI HUNGARIA MOTOR
(founded	in	1989,	wholly	owned	by	      Kft.
SEAT,	S.A.)                             (5,600 employees;
                                        founded	in	1993;	
37 Prat plant                           wholly	owned	by	AUDI	AG)
gearboxes,	components:	foundry
                                        42 Györ plant
                                        AUDI	A3	CABRIOLET,	AUDI		TT	COUPÉ,	
                                        AUDI		TT	ROADSTER,	engines




                                                            December 31, 2009
22 PRODUCTION NETWORK NORTH/SOUTH AMERICA AND SOUTH AFRICA




                            ö



                       43




                                             48 49
                                                     31
                                      32             47
                                     44         46                         50
                                        45




   USA                                         BRAZIL

   öVolkswagen Group of                        Volkswagen do Brasil
   America Chattanooga                         Indústria de Veículos
   Operations, LLC.                            Automotores Ltda.
   (from 2011)                                 (21,700	employees;	founded	in
                                               1953;	wholly	owned	by	Volkswagen	
   MEXICO                                      International	Finance	N.V.)

   Volkswagen de México, S.A.                  46 Anchieta plant
   de C.V. (13,200	employees;                  GOL,	SAVEIRO,	NEW	SAVEIRO,	POLO,	
   founded	in 1964; wholly	owned	              POLO	CLASSIC,	PARATI,	T2,	engines,	
   by	VOLKSWAGEN	AG)                           gearboxes:	foundry

   43 Puebla plant                             47 Curitiba plant
   JETTA,	NEW	BEETLE,	NEW	BEETLE	              FOX,	GOLF
   CABRIOLET,	JETTA	VARIANT,	GOLF	
   VARIANT	EUROPE,	BUS,	TRUCK,	                48 São Carlos plant
   engines:	foundry                            engines

   ARGENTINA                                   49 Taubaté plant
                                               GOL,	VOYAGE
   Volkswagen Argentina S.A.
   (5,100	employees;	founded	in                SOUTH AFRICA
   1980; wholly	owned	by	SEAT,	S.A.)
                                               Volkswagen of South Africa
   44 Cordoba plant                            (Pty) Ltd. (4,750	employees;	
   gearboxes                                   founded	in 1956;	wholly	owned	by	
                                               VOLKSWAGEN	AG	since	1974)
   45 Pacheco plant
   FOX,	SURAN,	AMAROK,	engines                 50 Uitenhage plant
   (assembly	only)                             POLO,	POLO	CLASSIC,	CITI	GOLF	(2009	
                                               end	of	production),	JETTA,	BUS,	
                                               CONSTELLATION	MEDIUM,	
                                               CONSTELLATION	HEAVY,	engines
   December 31, 2009
PRO DU CTION N E T WO R K AS IA / PAC I F I C                                   23




                                           55,57
                                           58




                             56      54 53,59,
                                         60


    51
   52




INDIA                                    53 Shanghai (Anting) plant
                                         ãKODA	FABIA	JINGRUI,	
ãKODA AUTO India Private Ltd.            ãKODA	OCTAVIA	MINGRUI,		
(840 employees;	founded	in 1999;         ãKODA	SUPERB	HAORUI,	
wholly	owned	by ãKODA	AUTO	a.s.)         POLO	JINQING,	POLO	JINQU,	LAVIDA,	
                                         SANTANA,	PASSAT	CLASSIC,	
51 Aurangabad plant                      PASSAT	LINGYU,	TOURAN,	engines
ãKODA	FABIA,	ãKODA	OCTAVIA,	
ãKODA	SUPERB,	                           54 Nanjing plant
JETTA,	PASSAT,	AUDI	A4,	AUDI	A6          SANTANA	VISTA

Volkswagen India Private Ltd.            FAW-Volkswagen
(1,100	employees;	founded	in             Automotive Company Ltd.
2007; VOLKSWAGEN	AG	90.99 %	             (11,700	employees;	founded	in
share	capital	and	0.0001 %	voting	       1991; 20 % VOLKSWAGEN	AG,	10 %
rights,	Volkswagen	International	        Volkswagen	(China)	Investment	
Finance	N.V.	9.01 %	share	capital	       Company	Ltd.,	10 %	AUDI	AG,	50 %	
and	99.9999 %	voting	rights)             First	Automobile	Works	Corp./FAW)

52 Pune plant                            55 Changchun plant
ãKODA	FABIA,	POLO                        JETTA	A2,	NEW	BORA,	GOLF,	SAGITAR,	
                                         MAGOTAN,	AUDI	A4,	AUDI	A6,	
PEOPLE’S REPUBLIC OF CHINA               AUDI	Q5,	engines,	gearboxes

Shanghai-Volkswagen                      56 Chengdu plant
Automotive Company Ltd.                  JETTA	A2
(19,000	employees;	founded	in
1985; 40 % VOLKS	 AGEN	AG,	
                W
10 % Volkswagen	(China)	Invest­
ment	Company	Ltd.,	50 % Shanghai	
Automotive	Group	Company	Ltd/
SAGCL)
                                                            December 31, 2009
24 PRO DUCTION N E T WOR K AS I A / PAC I F IC




                                              55,57
                                              58




                                56      54 53,59,
                                            60


        51
       52




   Volkswagen FAW Platform                  VOLKSWAGEN Transmission
   Company Ltd.                             (Shanghai) Company Ltd.
   (founded	in 2005;	60 % Volkswagen	       (founded	in 2001;	60 % Volkswagen	
   (China)	Investment	Company	Ltd.,	        (China)	Investment	Company	Ltd.,	
   40 %	FAWER	Automobile	Parts	Co.	         20 % FAW­Car	Company,	20 % SAIC	
   Ltd.)                                    Motor	Co.,	Ltd.)

   57 Changchun plant                       59 Shanghai (Jiading) plant
   components:	chassis,	axles               gearboxes

   VOLKSWAGEN FAW Engine                    Shanghai Volkswagen
   (Dalian) Co., Ltd.                       Powertrain Company Ltd.
   (founded	in 2005;	60 % Volkswagen	
                                            (founded	in 2005;	60 % Volkswa­
   (China)	Investment	Company	Ltd.,	
                                            gen	(China)	Investment	Company	
   40 %	First	Automobile	Works	Corp./
                                            Ltd.,	40 %	Shanghai	Automotive	
   FAW)
                                            Group	Company	Ltd./SAGCL)

   58 Dalian plant                          60 Shanghai (Loutang) plant
   engines,	gearboxes
                                            engines




                                                               December 31, 2009
EN V I RONM E NT A N D TRANS PORT w w w.vo lkswa ge n ag . co m 25




Volkswagen Group models with CO2 emissions of less than 140 g/km
for the German market


5 models ≤ 100 CO2 / km             58 models ≤ 120 CO2 / km

100                                  100


 80                                   80


 60                                   60


 40                                   40

                                           23
 20                                   20         15      14
       3      0      2       0                                      6

      VW    Audi    SEAT    ãkoda          VW   Audi    SEAT    ãkoda




104 models ≤ 130 CO2 / km           174 models ≤ 140 CO2 / km

100                                  100

                                           78
 80                                   80


 60                                   60
      49

                                                 38
 40                                   40
                                                                   31
                                                         27
             24
 20                 16      15        20



      VW    Audi    SEAT    ãkoda          VW   Audi    SEAT    ãkoda




                                                       December 31, 2009
26 D E L I V E R I E S T O C U S T O M E R S




    Worldwide                                                                         2008
                                                              December	31, 2009       2009
    Group
                                                                                  6,256,843*
                                                                                  6,336,222 (= +1.3 %)
    Volkswagen	Passenger	Cars
                                                                                  3,667,843
                                                                                  3,954,454 (= +7.8 %)
    Audi
                                                                                  1,003,469
                                                                                  949,729 (= -5.4 %)
    SEAT
                                                                                  368,104
                                                                                  336,683 (= -8.5 %)
    ãkoda
                                                                                  674,530
                                                                                  684,226 (= +1.4 %)
    Volkswagen	Commercial	Vehicles
                                                                                  502,265
                                                                                  361,506 (= -28.0 %)
    Bentley
                                                                                  7,604
                                                                                  4,616 (= -39.3 %)
    Bugatti
                                                                                  71
                                                                                  50 (= -29.6 %)
    Lamborghini
                                                                                  2,430
                                                                                  1,515 (= -37.7 %)
    Scania
                                                                                  30,527*
                                                                                  43,443 (= +42.3 %)


    Europe                                                                            2008
                                                              December	31, 2009       2009
    Group*
                                                                                  3,530,655
                                                                                  3,281,198 (= -7.1 %)
    Volkswagen	Passenger	Cars
                                                                                  1,571,705
                                                                                  1,564,084 (= -0.5 %)
    Audi
                                                                                  709,677
                                                                                  618,854 (= -12.8 %)
    SEAT
                                                                                  343,211
                                                                                  312,222 (= -9.0 %)
    ãkoda
                                                                                  570,285
                                                                                  525,572 (= -7.8 %)
    Volkswagen	Commercial	Vehicles
                                                                                  331,660
                                                                                  258,038 (= -22.2 %)
    Bentley
                                                                                  3,090
                                                                                  1,739 (= -43.7 %)
    Bugatti
                                                                                  30
                                                                                  22 (= -26.7 %)
    Lamborghini
                                                                                  997
                                                                                  667 (= -33.1 %)



    *		Scania	delivery	figures:	July	22 –	December 31, 2008
    **	excl.	Scania
w w w.v o l k s w a g e n a g . c o m                                             27




Western Europe excl. Germany                                    2008
                                        December	31, 2009       2009
Group*
                                                            1,915,870
                                                            1,655,260 (= -13.6 %)
Volkswagen	Passenger	Cars
                                                            872,022
                                                            766,397 (= -12,1.%)
Audi
                                                            408,873
                                                            359,465 (= -12,1 .%)
SEAT
                                                            270,518
                                                            236,852 (= -12.4 %)
ãkoda
                                                            203,067
                                                            182,857 (= -10.0 %)
Volkswagen	Commercial	Vehicles
                                                            158,285
                                                            107,776 (= -31.9 %)
Bentley
                                                            2,347
                                                            1,363 (= -41.9 %)
Bugatti
                                                            21
                                                            18 (= -14.3 %)
Lamborghini
                                                            737
                                                            532 (= -27.8 %)




Central and Eastern Europe                                      2008
                                        December	31, 2009       2009
Group*
                                                            556,012
                                                            381,913 (= -31.3 %)
Volkswagen	Passenger	Cars
                                                            178,466
                                                            125,070 (= -29.9 %)
Audi
                                                            42,693
                                                            30,545 (= -28.5 %)
SEAT
                                                            31,410
                                                            19,188 (= -38.9 %)
ãkoda
                                                            254,714
                                                            180,387 (= -29.2 %)
Volkswagen	Commercial	Vehicles
                                                            48,525
                                                            26,586 (= -45.2 %)
Bentley
                                                            168
                                                            103 (= -38.7 %)
Lamborghini
                                                            36
                                                            34 (= -5.6 %)




*		excl.	Scania
28 D E L I V E R I E S T O C U S T O M E R S




    Germany                                                            2008
                                               December	31, 2009       2009
    Group*
                                                                   1,058,773
                                                                   1,244,025 (= +17.5 %)
    Volkswagen	Passenger	Cars
                                                                   521,217
                                                                   672,617 (= +29.0 %)
    Audi
                                                                   258,111
                                                                   228,844 (= -11.3 %)
    SEAT
                                                                   41,283
                                                                   56,182 (= +36.1 %)
    ãkoda
                                                                   112,504
                                                                   162,328 (= +44.3 %)
    Volkswagen	Commercial	Vehicles
                                                                   124,850
                                                                   123,676 (= -0.9 %)
    Bentley
                                                                   575
                                                                   273 (= -52.5 %)
    Bugatti
                                                                   9
                                                                   4 (= -55.6 %)
    Lamborghini
                                                                   224
                                                                   101 (= -54.9 %)




    Great Britain                                                      2008
                                               December	31, 2009       2009
    Group*
                                                                   377,460
                                                                   338,745 (= -10.3 %)
    Volkswagen	Passenger	Cars
                                                                   178,458
                                                                   157,536 (= -11.7 %)
    Audi
                                                                   101,522
                                                                   90,513 (= -10.8 %)
    SEAT
                                                                   29,397
                                                                   29,987 (= +2.0 %)
    ãkoda
                                                                   37,072
                                                                   36,012 (= -2.9 %)
    Volkswagen	Commercial	Vehicles
                                                                   29,356
                                                                   23,681 (= -19.3 %)
    Bentley
                                                                   1,438
                                                                   891 (= -38.0 %)
    Bugatti
                                                                   10
                                                                   5 (= -50.0 %)
    Lamborghini
                                                                   207
                                                                   120 (= -42.0 %)




    *		excl.	Scania
w w w.v o l k s w a g e n a g . c o m                                            29




Italy                                                           2008
                                        December	31, 2009       2009
Group*
                                                            263,591
                                                            236,458 (= -10.3 %)
Volkswagen	Passenger	Cars
                                                            143,651
                                                            130,649 (= -9.1 %)
Audi
                                                            62,053
                                                            57,204 (= -7.8 %)
SEAT
                                                            27,300
                                                            22,235 (= -18.6 %)
ãkoda
                                                            20,809
                                                            18,215 (= -12.5 %)
Volkswagen	Commercial	Vehicles
                                                            9,405
                                                            7,900 (= -16.0 %)
Bentley
                                                            143
                                                            44 (= -69.2 %)
Lamborghini
                                                            230
                                                            211 (= -8.3 %)




Spain                                                           2008
                                        December	31, 2009       2009
Group*
                                                            277,688
                                                            223,779 (= -19.4 %)
Volkswagen	Passenger	Cars
                                                            93,682
                                                            77,773 (= -17.0 %)
Audi
                                                            51,421
                                                            38,788 (= -24.6 %)
SEAT
                                                            99,496
                                                            83,008 (= -16.6 %)
ãkoda
                                                            20,487
                                                            17,598 (= -14.1 %)
Volkswagen	Commercial	Vehicles
                                                            12,534
                                                            6,568 (= -47.6 %)
Bentley
                                                            55
                                                            38 (= -30.9 %)
Bugatti
                                                            1
                                                            0 (= -100.0 %)
Lamborghini
                                                            12
                                                            6 (= -50.0 %)




*		excl.	Scania
30 D E L I V E R I E S T O C U S T O M E R S




    North America                                                      2008
                                               December	31,	2009       2009
    Group*
                                                                   502,949
                                                                   467,528 (= -7.0 %)
    Volkswagen	Passenger	Cars
                                                                   375,326
                                                                   344,776 (= -8.1 %)
    Audi
                                                                   102,273
                                                                   98,896 (= -3.3 %)
    SEAT
                                                                   13,066
                                                                   15,588 (= +19.3 %)
    Volkswagen	Commercial	Vehicles
                                                                   8,589
                                                                   6,429 (= -25.1 %)
    Bentley
                                                                   2,863
                                                                   1,443 (= -49.6 %)
    Bugatti
                                                                   19
                                                                   7 (= -63.2 %)
    Lamborghini
                                                                   813
                                                                   389 (= -52.2 %)




    USA                                                                2008
                                               December	31,	2009       2009
    Group*
                                                                   314.513
                                                                   297.973 (= -5,3 %)
    Volkswagen	Passenger	Cars
                                                                   223,128
                                                                   213,454 (= -4.3 %)
    Audi
                                                                   87,760
                                                                   82,716 (= -5.7 %)
    Volkswagen	Commercial	Vehicles
                                                                   2
                                                                   0 (= -100.0 %)
    Bentley
                                                                   2,863
                                                                   1,443 (= -49.6 %)
    Bugatti
                                                                   19
                                                                   7 (= -63.2 %)
    Lamborghini
                                                                   741
                                                                   353 (= -52.4 %)




    *		excl.	Scania
w w w.v o l k s w a g e n a g . c o m                                            31




South America                                                   2008
                                        December	31,	2009       2009
Group*
                                                            797,742
                                                            815,130 (= +2.2 %)
Volkswagen	Passenger	Cars
                                                            663,458
                                                            735,142 (= +10.8 %)
Audi
                                                            9,574
                                                            8,716 (= -9.0 %)
SEAT
                                                            2,957
                                                            1,491 (= -49.6 %)
ãkoda
                                                            2,623
                                                            1,819 (= -30.7 %)
Volkswagen	Commercial	Vehicles
                                                            119,130
                                                            67,957 (= -43.0 %)
Lamborghini
                                                            0
                                                            5




Brazil                                                          2008
                                        December	31,	2009       2009
Group*
                                                            633,293
                                                            688,270 (= +8.7 %)
Volkswagen	Passenger	Cars
                                                            526,297
                                                            623,056 (= +18.4 %)
Audi
                                                            1,376
                                                            2,010 (= +46.1 %)
Volkswagen	Commercial	Vehicles
                                                            105,620
                                                            63,199 (= -40.2 %)
Lamborghini
                                                            0
                                                            5




South Africa                                                    2008
                                        December	31,	2009       2009
Group*
                                                            72,774
                                                            51,982 (= -28.6 %)
Volkswagen	Passenger	Cars
                                                            55,996
                                                            39,379 (= -29.7 %)
Audi
                                                            9,525
                                                            8,710 (= -8.6 %)
SEAT
                                                            1,285
                                                            0 (= -100.0 %)
Volkswagen	Commercial	Vehicles
                                                            5,940
                                                            3,885 (= -34.6 %)
Lamborghini
                                                            28
                                                            8 (= -71.4 %)




*		excl.	Scania
32 D E L I V E R I E S T O C U S T O M E R S




    Asia-Pacific                                                       2008
                                               December	31,	2009       2009
    Group*
                                                                   1,170,358
                                                                   1,546,121 (= +32.1 %)
    Volkswagen	Passenger	Cars
                                                                   929,841
                                                                   1,200,505 (= +29.1 %)
    Audi
                                                                   155,131
                                                                   199,003 (= +28.3 %)
    ãkoda
                                                                   76,654
                                                                   138,782 (= +81.0 %)
    Volkswagen	Commercial	Vehicles
                                                                   7,256
                                                                   6,646 (= -8.4 %)
    Bentley
                                                                   1,051
                                                                   869 (= -17.3 %)
    Bugatti
                                                                   8
                                                                   6 (= -25.0 %)
    Lamborghini
                                                                   417
                                                                   310 (= -25.7 %)




    China                                                              2008
                                               December	31,	2009       2009
    Group*
                                                                   1,024,007
                                                                   1,400,013 (= +36.7 %)
    Volkswagen	Passenger	Cars
                                                                   843,956
                                                                   1,117,303 (= +32.4 %)
    Audi
                                                                   119,598
                                                                   158,941 (= +32.9 %)
    ãkoda
                                                                   59,284
                                                                   122,556 (= +106.7 %)
    Volkswagen	Commercial	Vehicles
                                                                   534
                                                                   612 (= +14.6 %)
    Bentley
                                                                   518
                                                                   484 (= -6.6 %)
    Lamborghini
                                                                   117
                                                                   117 (= 0.0 %)




    *		excl.	Scania
C O M P E T I T I V E S I T U AT I O N                                  33




M A R K E T S H A R E S O F N E W PA S S E N G E R C A R
R 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 )

      2008
      2009             December	31, 2009

Germany
                                                               33.6 %
                                                               34.2 %
France
                                                               11.9 %
                                                               11.3 %
Great	Britain
                                                               16.3 %
                                                               15.9 %
Italy
                                                               11.2 %
                                                               10.1 %
Spain
                                                               23.0 %
                                                               23.2 %
Portugal
                                                               19.9 %
                                                               20.1 %
Belgium
                                                               19.6 %
                                                               19.1 %
The	Netherlands
                                                               17.1 %
                                                               18.3 %
Austria
                                                               31.1 %
                                                               31.7 %
Switzerland
                                                               23.3 %
                                                               24.1 %
Sweden
                                                               21.2 %
                                                               21.3 %
Norway
                                                               25.2 %
                                                               24.2 %
Denmark
                                                               17.3 %
                                                               15.8 %
Finland
                                                               23.0 %
                                                               25.0 %
Western	Europe	excl.	Germany
                                                               16.5 %
                                                               15.8 %
Western	Europe
                                                               20.4 %
                                                               20.9 %
Brazil
                                                               24.0 %
                                                               25.4 %
China
                                                               18.7 %
                                                               16.5 %
USA*
                                                                2.4 %
                                                                2.9 %
Worldwide
                                                               10.3 %
                                                               11.3 %
*	market	includes	passenger	cars	and	light	trucks
34 C O M P E T I T I V E S I T U AT I O N




    N E W PA 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

    Germany

    Volkswagen	Group
                                                                      34.17 %
    GM	Group
                                                                       9.79 %
    Ford	Group
                                                                       8.32 %
    PSA	Group
                                                                       6.08 %
    Renault
                                                                       3.83 %
    Fiat	Group
                                                                       4.76 %
    BMW	Group
                                                                       6.77 %
    Daimler	AG
                                                                       8.31 %
    Japanese	automakers
                                                                      11.02 %
    Toyota	Group
                                                                       3.92 %
    Korean	automakers
                                                                       3.86 %


    USA (Passenger	Cars	and	Light	Trucks)
    Volkswagen
                                                                            2.0 %
    Audi
                                                                            0.8 %
    Volkswagen Group
                                                                        2.9 %
    Toyota
                                                                       17.0 %
    Nissan
                                                                            7.4 %
    Honda
                                                                       11.0 %
    Japanese automakers (total)
                                                                       40.3 %
    Korean automakers (total)
                                                                        7.0 %
    BMW	Group
                                                                            1.9 %
    Daimler	AG
                                                                            2.0 %
    Further	imported	brands
                                                                            1.7 %
    Total imported brands
                                                                       55.8 %
    GM	Group
                                                                       19.8 %
    Ford	Group
                                                                       15.5 %
    Chrysler
                                                                            8.9 %
    Domestics
                                                                       44.2 %

                                                              December 31, 2009
w w w.v o l k s w a g e n a g . c o m                       35




Western Europe excl. Germany
Volkswagen	Group
                                               15.78 %
GM	Group
                                                 8.59 %
Ford	Group
                                               11.28 %
PSA	Group
                                               15.86 %
Renault
                                                 9.06 %
Fiat		Group
                                               10.36 %
BMW		Group
                                                 4.47 %
Daimler	AG
                                                 3.58 %
Japanese	automakers
                                               14.43 %
Toyota	Group
                                                 5.75 %
Korean	automakers
                                                 3.93 %


China (excl. Hong Kong)*
Shanghai	Volkswagen
                                                  8.2 %
FAW­Volkswagen
                                                  7.9 %
Volkswagen	Group	(local)
                                                 16.1 %
Volkswagen	Group	(imported	brands)
                                                  0.4 %
Volkswagen Group (total)
                                                 16.5 %
GM Group
                                                  9.3 %
Ford/Volvo Group
                                                  2.9 %
PSAGroup
                                                  3.2 %
Japanese automakers (total)
                                                 20.8 %
Korean automakers (total)
                                                  9.8 %
Chinese brands
                                                 23.4 %
Further international brands
                                                 11.5 %
Further imported brands
                                                  2.6 %


*	Source:	Volkswagen	Group	China        December 31, 2009
36 D E V E L O P M E N T S I N W O R K F O R C E




    VO L K SWA G E N G R O U P
    Development of workforce worldwide

      thousands
                                                                  369.9
      370                                                                      368.5


      360

      350
                          344.9
             342.5
      340


      330                                          329.3
                                      324.9

      320

      310

      300
             2004          2005        2006         2007            2008        2009

            Year­end	data,	employees	at	production	and	service	companies



                                                                        December 31, 2009

    VO L K SWA G E N G R O U P
    Absolute numbers of employees in Germany/abroad

      thousands                                                     195.6        195.9


                        178.7
     180 177.3                                                  174.3        172.6
                                    168.9       168.7
              165.2         166.2
                                                        160.6
     160                                155.9



     140


     120


     100
            2004         2005         2006         2007           2008          2009

               Germany               Year­end	data,	employees	at	
                                     production	and	service	companies
               abroad

                                                                        December 31, 2009
w w w.v o l k s w a g e n a g . c o m / i r                                             37




VO L K SWA G E N G R O U P
Workforce at production companies by country (excl. Scania)


                Italy    986
              Russia      1,978
               India      1,986
             Belgium       2,152
          Portugal          2,979
     Great	Britain          3,425
      South	Africa             4,748
         Argentina              5,550
          Hungary                 5,624
  Slovak	Republic                  6,513
              Poland                   8,601
             Mexico                            13,203
               Spain                                17,502
               Brazil                                      21,732
   Czech	Republic                                            23,655
               China                                                    30,752
         Germany                                                         151,429

                                                                    December 31, 2009

VO L K SWA G E N G R O U P
Workforce at production companies by employment category


 350,000

 300,000
               105,288    104,942         93,084   105,966    124,039     125,694
 250,000

 200,000
               228,418    230,959      222,592     214,037    236,005     232,960
 150,000

 100,000

   50,000

         0
                2004        2005           2006     2007       2008         2009

                  salaried	(excl.	apprentices)
                  hourly	workers	(excl.	apprentices)


                                                                    December 31, 2009
38 D E V E L O P M E N T S I N W O R K F O R C E




    VO L K SWA G E N A G
    Development of part-time employees


               102,520     101,028        94,000        90,468        90,363       95,164

                                 3,431
       3,000       2,912
                                                                                        2,780

       2,500                                                 2,303
                                                                           2,487
                                               2,249

       2,000

       1,500
       1.500

       1,000
       1.000

        500
                   2.8%          3.4%          2.4%          2.5%          2.8%             2.9%
           0
                2004          2005          2006          2007          2008          2009*

            total	(incl.	apprentices)                            *	2009	incl.	Auto5000	GmbH
            part­time	employees	(excl.	partial	retirement)


                                                                               December 31, 2009



    VO L K SWA G E N A G
    Development in share of female employees


            102,520         101,028       94,000       90,468        90,363        95,164

                                 13,984
     14,000
                   13,715

     13,500                                                                             13,397


     13,000
                                               12,472
     12,500                                                                12,427

                                                             11,966
     12,000

     11,500
                   13.4%         13.9%         13.3%         13.2%        13.8%         14.1%
     11,000
                2004          2005          2006          2007          2008         2009*

            total	(incl.	apprentices)                            *	2009	incl.	Auto5000	GmbH
            women


                                                                               December 31, 2009
w w w.v o l k s w a g e n a g . c o m / i r                                           39




VO L K SWA G E N A G
Overall age structure




                                    42.0          42.1          42.2
                                    years         years         years


       40
                      38.1
                      years




       35




       30
                      1998          2007          2008          2009*

                                              *	2009	incl.	Auto5000	GmbH


                                                                  December 31, 2009



VO L K SWA G E N A G
Health index


                                                                             %
     2009*                                                                 95.2

     2008                                                                  95.7

     2007                                                                  95.7

     2006                                                                  96.3

     2005                                                                  96.2

     2004                                                                  96.2

     2003                                                                  95.8

     2002                                                                  95.5

     2001                                                                  95.8

     2000                                                                  95.7

     *	2009	incl.	Auto5000	GmbH


                                                                  December 31, 2009
40 E M P L O Y E E S I N T E C H N I C A L D E V E L O P M E N T




                                                                                 Volkswagen
                                                                                  Individual
                                                                                     204

                                                                                     Sitech
                                                                                      134
                                                                           Bentley
                                                                            659


                                                                     Bugatti
                                                                       89



                                                                                     SEAT
                                                                                     939

                    Volkswagen
                   de México/NAR
                        868



                                                        Volkswagen do Brasil
                                                               983




                                            Volkswagen
                                            Argentina 1
                                                31




                                             1) incl. Robust Pick-Up/
                                                Volkswagen Commercial Vehicles
                                             2) incl. Audi Hungari Motor
w w w.v o l k s w a g e n a g . c o m / i r                                     41




       Volkswagen
     Passenger Cars
 Technical Development
Scania    7,764
2,642
           Volkswagen
        Commercial Vehicles
               741
           ãkoda
           1,562
                                                   FAW-Volkswagen
        Audi2                            Volkswagen     530
        6,423                            Group China           VTT Japan
                                             20                   36
  Lamborghini
     159

                                                  Shanghai Volkswagen
                                                        1,067




Volkswagen of
 South Africa
     122


                 Total: 25,585




                 612 further employees in Group Research




                                                                        December 31, 2009
42 GENERAL PROCUREMENT INFORMATION w w w.v o l k s w a g e n a g . c o m / i r




   Purchasing Volumes (Volkswagen Group)


                 75.4	billion	€
                                                     70.7 billion	€




                    2008*                                2009
        *	excl.	Scania


   Procurement Volumes by Brand and Company**

    Volkswagen	AG	(incl.	Passenger	Cars,	
    Commercial	Vehicles	and	ET­K)                 18,085.76           25.6 %
    VW	Slovakia                                    1,827.90            2.6 %
    VW	do	Brasil                                   4,252.64            6.0 %
    FAW	Volkswagen                                 6,031.20            8.5 %
    VW	Shanghai                                    7,151.58           10.1 %
    VW	de	México                                   2,618.78            3.7 %
    VW	Sachsen                                     2,082.61            2.9 %
    Auto	Europa                                     942.32             1.3 %
    Volkswagen	Motor	Polska                         571.69             0.8 %
    VW	of	South	Africa                              631.04             0.9 %
    VW	Argentina                                    666.12             0.9 %
    Audi	Brussels                                   491.12             0.7 %
    Volkswagen	RUS                                  326.22             0.5 %
    Volkswagen	India                                119.99             0.2 %
    Volkswagen	USA                                  710.35             1.0 %
    Bentley	                                        240.84             0.3 %
    Audi                                          11,475.02           16.2 %
    Audi	Hungaria	Motor	kft.                       2,660.70            3.8 %
    Lamborghini	                                    207.74             0.3 %
    ãkoda                                          4,171.86            5.9 %
    SEAT                                           2,680.16            3.8 %
    Scania                                         2,745.00            3.9 %
    Total                                         70,690.65            100 %


   **million €           Reporting period: 2009                  December 31, 2009
O R G A N I Z AT I O N A L C H A R T S                                     43




      VOLKSWAGEN

	           	




	 	 Headquarters: Wolfsburg,	Germany
	 	 Share	of	capital	held:	100 %
	 	
	 	 Board	of	Management,	Volkswagen	Passenger	Cars	Brand:	
	 	 Prof.	Dr.	rer.	nat.	Martin	Winterkorn
	 	 	    Chairman
	 	 Dr.	rer.	pol.	Arno	Antlitz
	 	 	    Controlling	and	Accounting
	 	 Dr.-Ing.	Ulrich	Hackenberg
	 	 	    Technical	Development
	 	 Christian	Klingler
	 	 	    Sales	and	Marketing
	 	 Prof.	Dr.	Ing.	Werner	Neubauer
	 	 	    Component
	 	 Prof.	Dr.	rer.	pol.	Horst	Neumann
	 	 	    Human	Resources	and	Organization
	 	 Dr.	rer.	pol.	h.c.	Francisco	Javier	Garcia	Sanz
	 	 	    Procurement
	 	 Hubert	Waltl
	 	 	    Production,	Logistics
	 	
	 	 Address:	
	 	 Volkswagen	Aktiengesellschaft
	 	 38436	Wolfsburg
	 	 Germany	
	 	
	 	 Internet:	www.volkswagen.com




                                                        February 1, 2010
44 O R G A N I Z AT I O N A L C H A R T S




          AUDI AG

    	           	




          Headquarters: Ingolstadt,	Germany
    	 	 Share of capital held:	99.55 %


          Board of Management, Audi:	
    	 	 Rupert Stadler
    	 	 	     Chairman
          Ulf Berkenhagen
    	 	 	     Procurement
          Michael Dick
    	 	 	     Technical	Development
          Frank Dreves
    	 	 	     Production
          Peter Schwarzenbauer
    	 	 	     Marketing	and	Sales
    	 	 Axel Strotbek
    	 	 	     Finance	and	Organization
    	 	 Dr. rer. pol. Werner Widuckel
    	 	 	     Human	Resources
    	 	
          Address:
    	 	 AUDI	AG
    	 	 85045	Ingolstadt
    	 	 Germany	
    	 	
    	 	 Internet:	www.audi.com




                                              February 1, 2010
O R G A N I Z AT I O N A L C H A R T S                      45




      SEAT, S.A.

	            	




      Headquarters: Martorell,	Spain
	 	 Share of capital held:	100 %


      Board of Management, SEAT:	
	 	 James Muir
	 	 	     President
      Frank Bekemeier
	 	 	     Research	and	Development
      Ralf Brandstätter
	 	 	     Procurement
	 	 Jan-Henrik Lafrentz
	 	 	     Sales	and	Marketing
	 	 Ramón Paredes
	 	 	     Human	Resources
	 	 Dieter Seemann
	 	 	     Finance	and	Organization
	 	 Wolfram Thomas
	 	 	     Production


      Address:
	 	 SEAT,	S.A.
	 	 Autovía	A­2,	Km.	585
	 	 08760	Martorell
	 	 Spain	
	 	
	 	 Internet:	www.seat.com




                                         February 1, 2010
46 O R G A N I Z AT I O N A L C H A R T S




          ãKODA AUTO a.s.




          Headquarters: Mladá	Boleslav,	Czech	Republic
    	 	 Share of capital held:	100 %


          Board of Management, ãkoda:	
    	 	 Reinhard Jung
    	 	 	     Chairman
          Klaus Dierkes
    	 	 	     Human	Resources	Management
          Reinhard Fleger
    	 	 	     Sales	and	Marketing
          Karlheinz Hell
    	 	 	     Purchasing
          Holger Kintscher
    	 	 	     Commercial	Affairs
    	 	 Dr. Ing. Eckhard Scholz
    	 	 	     Technical	Development


          Address:
    	 	 ãKODA	AUTO	a.s.
    	 	 Václava	Klementa	869
    	 	 293 60	Mladá	Boleslav	
    	 	 Czech	Republic	
    	 	
    	 	 Internet:	www.skoda­auto.com




                                                         February 1, 2010
O R G A N I Z AT I O N A L C H A R T S                           47




    VOLKSWAGEN COMMERCIAL VEHICLES




	 	 Headquarters:	Hanover,	Germany
	 	 Share of capital held:	100	%


	 	 Board of Management,
    Volkswagen Commercial Vehicles Brand:	
	 	 Dr.-Ing. Wolfgang Schreiber
	 	 	    Chief	Executive	Officer		                    	
	 	 	    Development
	 	 Dirk Große-Loheide
	 	 	    Purchasing	and	Logistics
	 	 Harald Schomburg
	 	 	    Sales	and	Marketing
	 	 Klaus-Dieter Schürmann
	 	 	    Finance	and	Integration	Technology
	 	 Jochen Schumm
	 	 	    Human	Resources
	 	 Thomas Ulbrich
	 	 	    Production


	 	 Address:
	 	 Volkswagen	Commercial	Vehicles
	 	 PO	Box	21 05 80
	 	 30405	Hanover
	 	 Germany


	 	 Internet: www.vwn.de




                                              February 1, 2010
48 O R G A N I Z AT I O N A L C H A R T S




          BENTLEY MOTORS LIMITED

    	           	




          Headquarters: Crewe,	Great	Britain
    	 	 Share of capital held:	100 %


          Board of Management, Bentley:	
    	 	 Dr.-Ing. Franz-Josef Paefgen
    	 	 	     Chairman	and	Chief	Executive
          Doug Dickson
    	 	 	     Manufacturing
    	 	 Dr.-Ing. Ulrich Eichhorn
    	 	 	     Engineering
          Christine Gaskell
    	 	 	     Personnel
          Jürgen Hoffmann
    	 	 	     Finance	and	IS
          Stuart McCullough
    	 	 	     Sales	and	Marketing


          Address:
    	 	 Bentley	Motors	Limited	                        	
    	 	 Pyms	Lane
    	 	 Crewe
    	 	 Cheshire,	CW1 3PL
    	 	 Great	Britain	
    	 	
    	 	 Internet:	www.bentleymotors.com




                                               February 1, 2010
O R G A N I Z AT I O N A L C H A R T S                                           49




        BUGATTI

	             	




        Bugatti Automobiles S.A.S.:
            Headquarters: Molsheim,	France
	 	 	       Share of capital held:	100 %	
	 	 Dr.-Ing. Franz-Josef Paefgen
	 	 	       President
        Rüdiger Meinicke
	 	 Hans-Georg Melching
	 	 Alasdair Stewart
	 	 	       Chief	Executive	Officers
        Bugatti International S.A. (Headquarters	Luxemburg)
	 	 Dr.-Ing. Franz-Josef Paefgen
	 	 	       President
        Bugatti Engineering GmbH (Headquarters	Wolfsburg)
	 	 Dr.-Ing. Wolfgang Schreiber
        Hans-Georg Melching
	 	 	       Chief	Executive	Officers
	
        Address:
	   	   Bugatti	Automobiles	S.A.S.
	   	   1,	Château	St.	Jean
	   	   67120	Molsheim
	   	   France	
	   	   Bugatti	Engineering	GmbH
	   	   Nordsteimker	Str.	7-9
	   	   38446	Wolfsburg
	   	   Germany
	 	 Internet:	www.bugatti.com


                                                              February 1, 2010
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Volkswagen Navigator 2010

  • 1. FACTSANDFIGURES NAVIGATOR2010 Driving ideas.
  • 2.
  • 3. TA B L E O F C O N T E N T S 1 Table of Contents 1 The Volkswagen Group 2 Board of Management of Volkswagen AG 4 Supervisory Board 5 Key Figures 6 Five-Year Review 8 Volkswagen Share Key Figures 10 Share Price Development from Dec. 2004 to Dec. 2009 12 Significant Group Companies 14 Production Network 16 Germany 16 Europe 18 North/South America and South Africa 22 Asia/Pacific 23 Environment and Transport 25 Deliveries to Customers 26 Competitive Situation 33 Market Shares of New Passenger Car Registrations by Country 33 New Passenger Car Registrations by Market 34 Developments in Workforce 36 Employees in Technical Development 40 General Procurement Information 42 Procurement Volumes by Brand and Company 42 Organizational Charts 43 Volkswagen Passenger Cars 43 Audi 44 SEAT 45 ãkoda 46 Volkswagen Commercial Vehicles 47 Bentley 48 Bugatti 49 Lamborghini 50 Scania 51 Volkswagen Financial Services AG 52 Historical Notes 54 The Model Range of the Volkswagen Group 74 Volkswagen Passenger Cars 74 Audi 82 SEAT 87 ãkoda 90 Volkswagen Commercial Vehicles 93 Bentley 97 Bugatti 98 Lamborghini 99 Scania 100
  • 4. 2 T H E VO L K SWA G E N G R O U P The Volkswagen Group with its headquarters in Wolfsburg is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. In 2009, the Group increased the number of vehicles delivered to customers to 6.336 million (2008: 6.257 million), corresponding to a 11.3 percent share of the world passenger car market. In Western Europe, the largest car market in the world, just over one in five new cars (20.9 percent) comes from the Volks­ wagen Group. Group sales came in 2009 to 105.2 billion euros (2008: 113.8 billion). Profit after tax in the 2009 financial year amounted to 0.9 billion euros (2008: 4.69 billion). The Group is made up of nine brands from seven European countries: Volkswagen, Audi, SEAT, Skoda, Volkswagen Commercial Vehicles, Bentley, Bugatti, Lamborghini and Scania.
  • 5. w w w.v o l k s w a g e n a g . c o m 3 Each brand has its own character and operates as an in­ dependent entity on the market. The product range extends from low­consumption small cars to luxury class vehicles. In the commercial vehicle sector, the product offering spans pick ups, busses and heavy trucks. The Group operates 60 production plants in fifteen European countries and a further six countries in the Americas, Asia and Africa. Around the world, nearly 370,000 employees produce about 26,000 vehicles or are involved in vehicle­related services each working day. The Volkswagen Group sells its vehicles in 153 countries. It is the goal of the Group to offer attractive, safe and environmentally sound vehicles which are competitive on an increasingly tough market and which set world standards in their respective classes. December 31, 2009
  • 6. 4 B OA R D O F M A N A G E M E N T O F VO L K SWA G E N A G Board of Management of Volkswagen Aktiengesellschaft Prof. Dr. rer. nat. Martin Winterkorn Chairman, Research and Development Prof. Dr. rer. pol. Jochem Heizmann Production Christian Klingler Sales and Marketing Prof. Dr. rer. pol. Horst Neumann Human Resources and Organization Hans Dieter Pötsch Finance and Controlling Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement Rupert Stadler Chairman of the Board of Management of AUDI AG February 1, 2010
  • 7. SU PERVISORY BOAR D w w w.v o l k s w a g e n a g . c o m / i r 5 Hon.-Prof. Dr. techn. h.c. Roland Oetker Dipl.-Ing. ETH Managing Partner of Ferdinand K. Piëch ROI Verwaltungsgesellschaft mbH; Chairman Hon. President of Deutsche Schutz­ vereinigung für Wertpapierbesitz e.V. Jürgen Peters Deputy Chairman Bernd Osterloh Chairman of the General and Group Works Councils of Volkswagen AG Jörg Bode Minister of Economic Affairs, Labor Dr. jur. Hans Michel Piëch and Transport for the Federal State Lawyer in private practice of Lower Saxony Dr. jur. Ferdinand Oliver Porsche Dr. jur. Michael Frenzel Member of the Board of Chairman of the Management of Familie Porsche AG Board of Management of TUI AG Beteiligungsgesellschaft Babette Fröhlich Dr. rer. comm. Wolfgang Porsche IG Metall, with responsibility for Chairman of the Supervisory Board Strategic Planning of Porsche Automobil Holding SE; Chairman of the Supervisory Board Dr. jur. Hans Michael Gaul of Dr. Ing. h.c. F. Porsche AG Dr. Ing. Jürgen Großmann Wolfgang Ritmeier Chairman of the Board of Manage­ Chairman of the Board of Manage­ ment of RWE AG; Partner, Georgs­ ment of Volkswagen Management marienhütte Holding GmbH Association (VMA) Peter Jacobs Heinrich Söfjer Chairman of the Works Council at Member of the Works Council the Volkswagen AG Emden plant Volkswagen Commercial Vehicles Hartmut Meine Jürgen Stumpf Director of the Lower Saxony and Chairman of the Works Council at Saxony­Anhalt Regional Office of the Volkswagen AG Kassel plant IG Metall Bernd Wehlauer Peter Mosch Deputy Chairman of the General Chairman of the General Works and Group Works Councils of Council of AUDI AG Volkswagen AG Christian Wulff Minister­President of the Federal State of Lower Saxony December 31, 2009
  • 8. 6 KEY FIGURES VO L K SWA G E N G R O U P Volume Data 1 2009 2008 % Vehicle sales (units) 6,309,743 6,271,724 + 0.6 Production (units) 6,054,829 6,346,515 – 4.6 Employees at Dec. 31 368,500 369,928 – 0.4 Financial Data (IFRSs), € million 2009 2008 % Sales revenue 105,187 113,808 – 7.6 Operating profit 1,855 6,333 – 70.7 Profit before tax 1,261 6,608 – 80.9 Profit after tax 911 4,688 – 80.6 Profit attributable to shareholders of Volkswagen AG 960 4,753 – 79.8 Cash flows from operating activities 2 12,741 2,702 x Cash flows from investing activities 2 10,428 11,613 – 10.2 Automotive Division 3 EBITDA 4 8,005 12,108 – 33.9 Cash flows from operating activities 2 12,815 8,800 + 45.6 Cash flows from investing activities 2 10,252 11,479 – 10.7 of which: investments in property, plant and equipment 2 5,783 6,773 – 14.6 as a percentage of sales revenue 6.2 6.6 capitalized development costs 1,948 2,216 – 12.1 as a percentage of sales revenue 2.1 2.2 Net cash flow 2,563 – 2,679 x Net liquidity at Dec. 31 10,636 8,039 + 32.3 Return ratios in % 2009 2008 Return on sales before tax 1.2 5.8 Return on investment after tax (Automotive Division) 3.8 10.9 Return on equity before tax (Financial Services Division) 6 7.9 12.1
  • 9. w w w.v o l k s w a g e n a g . c o m / i r 7 VO L K SWA G E N A G Volume Data 2009 2008 % Vehicle sales (units) 2,053,427 2,388,014 – 14.0 Production (units) 1,038,344 1,137,145 – 8.7 Employees at Dec. 31 7 95,164 90,363 + 5.3 Financial Data (HGB), € million 2009 2008 % Sales 47,864 56,710 – 15.6 Net income 1,082 827 + 30.8 1) Including volume data for the vehicle­production investments Shanghai­Volkswagen Automotive Company Ltd. and FAW­Volkswagen Automotive Company Ltd., which are accounted for using the equity method. 2) 2008 adjusted. 3) Including allocation of consolidation adjustments between the Automotive and Financial Services divisions. 4) Operating profit plus net depreciation / amortization and impairment losses / reversals of impairment losses on property, plant and equipment, capitalized development costs, leasing and rental assets, goodwill and financial assets as reported in the cash flow statement. 5) Excluding acquisition and disposal of equity investments: €7,585 million (€8,879 million). 6) Profit before tax as a percentage of average equity. 7) 2009 including Auto5000 GmbH. December 31, 2009
  • 10. 8 F I V E -YEA R R EV I EW Volume Data (thousands) Vehicle Sales (units) Germany Abroad Production (units) Germany Abroad Employees (yearly average) 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 2007 adjusted.
  • 11. w w w.v o l k s w a g e n a g . c o m / i r 9 2009 2008 2007 2006 2005 6,310 6,272 6,192 5,720 5,193 1,288 1,013 1,030 1,093 1,019 5,022 5,259 5,162 4,627 4,174 6,055 6,347 6,213 5,660 5,219 1,938 2,146 2,086 1,935 1,913 4,117 4,201 4,127 3,725 3,306 367 357 329 329 345 173 178 175 174 179 194 179 154 155 166 2009 2008 2007 2006 2005 105,187 113,808 108,897 104,875 93,996 1,261 6,608 6,543 1,793 1,621 911 4,688 4,122 1,955 1,050 12,741 2,702 9,308 14,470 10,709 10,428 11,613 7,120 11,911 10,365 December 31, 2009
  • 12. 10 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 Number of no­par value shares at Dec. 31 Ordinary shares thousands Preferred shares thousands Dividend per ordinary share € per preferred share € Share price development 1 Ordinary shares Closing € Annual high € Annual low € Preferred shares Closing € Annual high € Annual low € Market capitalization at Dec. 31 € billion Equity at Dec. 31 € billion Ratio of market capitalization to equity factor Key figures per share Earnings per ordinary share basic € diluted € Operating profit 3 € Cash flows from operating activities 3 € Equity 4 € Price/earnings ratio 5 factor Price/cash flow ratio 5 factor Dividend yield ordinary share % preferred share % Price development (excluding dividends) ordinary share % preferred share % Turnover on German stock exchanges 6 Turnover of Volkswagen ordinary shares € billion million shares Volkswagen share of total DAX turnover % 1) Xetra prices. 2) For 2006 from continuing and discontinued operations. 3) Based on the weighted average number of ordinary and preferred shares outstanding (basic).
  • 13. w w w.v o l k s w a g e n a g . c o m / i r 11 2009 2008 2007 2006 2005 295,005 294,920 291,337 286,980 321,930 105,238 105,238 105,238 105,238 105,238 1.60 1.93 1.80 1.25 1.15 1.66 1.99 1.86 1.31 1.21 2009 2008 2007 2006 2005 77.00 250.00 156.10 85.89 44.61 298.85 945.00 197.90 85.89 54.01 72.41 148.43 82.60 45.10 31.88 65.74 38.02 100.00 56.55 32.50 81.72 108.30 131.00 56.55 40.00 30.24 29.30 54.14 32.85 24.00 29.6 77.7 56.0 30.6 15.9 35.3 35.0 31.9 26.9 23.6 0.84 2.22 1.75 1.14 0.67 2009 2008 2007 2006 2005 2.38 11.92 10.43 7.07 2 2.90 2.38 11.88 10.34 7.04 2 2.90 4.64 15.91 15.60 5.18 6.60 31.84 27.13 39.72 37.32 27.86 88.15 87.49 80.38 68.59 55.25 36.2 21.0 15.0 12.1 15.4 2.4 9.2 3.9 2.3 1.6 2.1 0.8 1.2 1.5 2.6 2.5 5.2 1.9 2.3 3.7 – 69.2 + 60.2 + 81.7 + 92.5 + 33.8 + 72.9 – 62.0 + 76.8 + 74.0 + 33.1 2009 2008 2007 2006 2005 23.5 136.5 103.1 50.5 30.9 129.6 562.8 877.3 770.4 735.7 3.2 7 8.0 5.3 3.9 3.3 4) Based on the total number of ordinary and preferred shares on December 31. 5) Using closing prices of the ordinary shares. 6) Order book turnover on German exchanges. 7) On December 23, 2009, preferred shares replaced ordinary shares in the DAX. December 31, 2009
  • 14. 12 SHARE PRICE DEVELOPMENT FROM DEC. 2004 TO DEC. 2009 800 600 400 200 100 December 2004 March 2005 June 2005 September 2005 December 2005 March 2006 June 2006 September 2006 December 2006 March 2007 Index based on month-end prices: Dec. 31, 2004 = 100
  • 15. w w w.v o l k s w a g e n a g . c o m / i r 13 June 2007 September 2007 December 2007 March 2008 June 2008 September 2008 December 2008 March 2009 June 2009 September 2009 December 2009 Volkswagen preferred share Volkswagen ordinary share DJ Euro STOXX 50 DJ Euro STOXX Automobile German Share Index (DAX) December 31, 2009
  • 16. 14 S I G N I F I C A N T G R O U P C O M PA N I E S Name, location Equity interest in % Automotive Division VOLKSWAGEN AG, Wolfsburg Volkswagen Sachsen GmbH, Zwickau 100.00 VOLKSWAGEN SLOVAKIA, a.s., Bratislava/Slovak Republic 100.00 SITECH Sitztechnik GmbH, Wolfsburg 100.00 Volkswagen Navarra, S.A., Arazurí (Navarra)/Spain 100.00 AUTOEUROPA­AUTOMÓVEIS LDA., Palmela/Portugal 100.00 Volkswagen Motor Polska Sp.z o.o., Polkowice/Poland 100.00 Volkswagen­Audi España, S.A., El Prat de Llobregat (Barcelona)/Spain 100.00 Volkswagen Original Teile Logistik GmbH & Co. KG, Baunatal 52.96 VOLKSWAGEN Group United Kingdom Ltd., Milton Keynes/United Kingdom 100.00 Groupe VOLKSWAGEN France s.a., Villers­Cotterêts/France 100.00 Automobilmanufaktur Dresden GmbH, Dresden 100.00 Volkswagen Poznan Sp.z o.o., Poznan/´ oland P 100.00 Volkswagen Group Sverige Aktiebolag, Södertälje/Sweden 100.00 Auto 5000 GmbH, Wolfsburg 100.00 Volkswagen Group of America, Inc., Herndon, Virginia/USA 100.00 Volkswagen Group Canada, Inc., Ajax, Ontario/Canada 100.00 VOLKSWAGEN Group Japan K.K., Toyohashi/Japan 100.00 OOO VOLKSWAGEN Group Rus, Kaluga/Russia 93.78 AUDI AG, Ingolstadt 99.55 AUDI BRUSSELS S.A./N.V., Brussels/Belgium 100.00 AUDI HUNGARIA MOTOR Kft., Györ/Hungary 100.00 Audi of America, LLC, Herndon, Virginia/USA 100.00 Audi Volkswagen Korea Ltd., Seoul/Korea 100.00 Audi Volkswagen Middle East FZE, Dubai/United Arab Emirates 100.00 Automobili Lamborghini Holding S.p.A., Sant' Agata Bolognese/Italy 100.00 VOLKSWAGEN GROUP ITALIA S.P.A., Verona/Italy 100.00 quattro GmbH, Neckarsulm 100.00 SEAT, S.A., Martorell, Barcelona/Spain 100.00 SEAT Deutschland GmbH, Mörfelden­Walldorf 100.00 Gearbox del Prat, S.A., El Prat de Llobregat (Barcelona)/Spain 100.00 ãKODA AUTO a.s., Mladá Boleslav/Czech Republic 100.00 ãkodaAuto Deutschland GmbH, Weiterstadt 100.00 ãKODA AUTO Slovensko s.r.o., Bratislava/Slovak Republic 100.00 ãKODA AUTO POLSKA, S.A., Poznan/Poland 51.00 Bentley Motors Ltd., Crewe/United Kingdom 100.00 Volkswagen de México, S.A. de C.V., Puebla/Pue./Mexico 100.00 Volkswagen do Brasil Ltda., São Bernardo do Campo, SP/Brazil 100.00 Volkswagen Argentina S.A., Buenos Aires/Argentina 100.00 December 31, 2009
  • 17. w w w.v o l k s w a g e n a g . c o m / i r 15 Name, location Equity interest in % Volkswagen of South Africa (Pty) Ltd., Uitenhage/South Africa 100.00 Scania AB, Södertälje/Sweden 1 49.29 S.A.S. Scania Holding France, Angers/France 100.00 Scania Deutschland Holding GmbH, Koblenz 100.00 Scania Europe Holding B.V., Zwolle/The Netherlands 100.00 Scania CV AB, Södertälje/Sweden 100.00 Shanghai­Volkswagen Automotive Company Ltd., Shanghai/PR. China 2 50.00 FAW­Volkswagen Automotive Company, Ltd., Changchun/PR. China 2 40.00 Volkswagen (China) Investment Company Ltd., Beijing/PR. China 100.00 Volkswagen Group Services S.A., Brussels/Belgium 100.00 Volkswagen International Finance N.V., Amsterdam/The Netherlands 100.00 Porsche Zwischenholding GmbH, Stuttgart 2,4 49.90 Dr. Ing. h.c. F. Porsche AG, Stuttgart – MAN SE, Munich 3 28.67 Financial Services Division VOLKSWAGEN FINANCIAL SERVICES AG, Braunschweig 100.00 Volkswagen Leasing GmbH, Braunschweig 100.00 Volkswagen Bank GmbH, Braunschweig 100.00 Volkswagen Reinsurance AG, Braunschweig 100.00 Volkswagen­Versicherungsdienst GmbH, Wolfsburg 100.00 VOLKSWAGEN FINANCE, S.A., Alcobendas (Madrid)/Spain 100.00 Volkswagen Financial Services (UK) Ltd., Milton Keynes/United Kingdom 100.00 Volkswagen Financial Services N.V., Amsterdam/The Netherlands 100.00 Volkswagen Financial Services Japan Ltd., Tokyo/Japan 100.00 ãkoFIN s.r.o., Prague/Czech Republic 100.00 Global Mobility Holding B.V., Amsterdam/The Netherlands 2, 5 50.00 LeasePlan Corporation N.V., Amsterdam/The Netherlands – Volkswagen Pon Financial Services B.V., Amersfoort/The Netherlands 2 60.00 VW CREDIT, INC., Wilmington, Delaware/USA 100.00 VOLKSWAGEN LEASING SA DE CV, Puebla/Mexico 100.00 VOLKSWAGEN BANK SA INSTITUCION DE BANCA MULTIPLE, Puebla/Mexico 100.00 Financial services companies in Brazil, São Paulo/Brazil 100.00 Financial services companies in Argentina, Buenos Aires/Argentina 00.00 1 1) The share of the voting rights in Scania is 71.81 % and thus differs from the equity interest. 2) Joint ventures are accounted for using the equity method. 3) The share of the voting rights in MAN is 29.9 % and thus differs from the equity interest. The company is accounted for using the equity method. 4) Porsche Zwischenholding GmbH, Stuttgart, holds 100 % of the shares of Dr. Ing. h. c. F. Porsche AG, Stuttgart. The company‘s fiscal year ends on June 30, 2010. 5) Global Mobility Holding B. V., Amsterdam, holds all shares of LeasePlan Corporation N. V., Amsterdam. December 31, 2009
  • 18. 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 7 ö 4 3, 12 5 8 6 11 9 10 2 1 December 31, 2009
  • 19. w w w.v o l k s w a g e n a g . c o m 17 GERMANY 7 Emden plant (7,500 employees) AUDI AG (46,500 employees; PASSAT, PASSAT VARIANT, PASSAT CC founded in 1909, 1965 acquisition of 50 % of the capital of Auto­ 8 Salzgitter plant Union GmbH; today more than (6,000 employees) 99 % owned by VOLKSWAGEN AG) engines 1 Ingolstadt plant Volkswagen Sachsen GmbH AUDI A3, AUDI A3 SPORTBACK, AUDI A4, (7,750 employees; AUDI A4 AVANT, AUDI A4 ALLROAD, founded in 1990; wholly owned AUDI A5 COUPÉ, AUDI A5 SPORT­ by VOLKSWAGEN AG) BACK, AUDI Q5, components: engine components 9 Chemnitz plant engines 2 Neckarsulm plant AUDI A4, AUDI A5 CABRIOLET, 10 Zwickau plant AUDI A6, AUDI A6 AVANT, AUDI A6 GOLF, PASSAT ALLROAD, AUDI A8, AUDI R8 COUPÉ, AUDI R8 SPYDER Automobilmanufaktur Dresden GmbH VOLKSWAGEN AG (380 employees; founded in 1998; (95,200 employees; founded as wholly owned by VOLKSWAGEN AG) Volkswagenwerk GmbH in 1938) 11 Gläserne Manufaktur 3 Wolfsburg plant Dresden (50,000 employees) PHAETON GOLF, GOLF PLUS, TIGUAN, TOURAN, components: press shop, SITECH Sitztechnik GmbH chassis, plastics technology (1,700 emloyees; founded in 2001; wholly owned by SITECH Sp. z o.o.) 4 Hanover plant (12,750 employees) 12 Wolfsburg plant T5, T5 GP, components: foundry, components: seating technology heat exchangers öVolkswagen Osnabrück 5 Brunswick plant GmbH (5,500 employees) (from 2011) chassis components 6 Kassel plant (13,450 employees) gearboxes, components: foundry December 31, 2009
  • 20. 18 P R O D U C T I O N N E T W O R K E U R O P E 25 30 23 24 22 29 16 28 18 27 19, 20 13 39 4140 34 15 33 26 42 17 14 38 35 36 37 21 December 31, 2009
  • 21. w w w.v o l k s w a g e n a g . c o m 19 BELGI UM ITALY AUDI BRUSSELS S.A. Automobili Lamborghini (2,200 employees; S.p.A. founded in 1971; wholly owned (990 employees; founded in 1963, by VOLKSWAGEN AG) wholly owned by Automobili Lamborghini Holding S.p.A., wholly 13 Brussels plant owned by AUDI AG since 1998) AUDI A3 SPORTBACK, POLO (2009 end of production) 17 Sant’ Agata Bolognese plant GALLARDO COUPÉ, GALLARDO BOSN IA-H ERZEGOVI NA SPYDER, MURCIÉLAGO COUPÉ, MURCIÉLAGO ROADSTER, engines VOLKSWAGEN SARAJEVO, d.o.o. POLAND (founded in 1998; 58% VOLKSWAGEN AG, Volkswagen Pozna´ Sp. z o.o. n (5,000 employees; founded in 1993; 42% Prevent Sarajevo d.o.o.) wholly owned by Volkswagen International Finance N.V.) 14 Sarajevo plant Eco Carrier, components: 18 Pozna´ plant n ring gears, stub axles CADDY 3, T5, T5 GP, components: foundry FRANCE Volkswagen Motor Polska Bugatti Automobiles SAS Sp. z o.o. (65 employees; founded in 1910; (1,150 employees; founded in part of the Volkswagen Group 1998; wholly owned by Volkswagen since 1998; today wholly owned by Inter ational Finance N.V.) n Groupe VOLKSWAGEN France s.a.) 19 Polkowice plant 15 Molsheim plant engines VEYRON 16.4, VEYRON GRAND SPORT SITECH Sp. z o.o. (1,400 employees; wholly owned GREAT BRITAI N by Volkswagen International Finance N.V.) Bentley Motors Ltd. (3,400 employees; founded in 1919; 20 Polkowice plant wholly owned by VOLKSWAGEN AG) components: seating technology 16 Crewe plant ARNAGE, BROOKLANDS, AZURE, CONTINENTAL FLYING SPUR, CONTINENTAL GT, CONTINENTAL GTC, engines December 31, 2009
  • 22. 20 P R O D U C T I O N N E T W O R K E U R O P E PORTUGAL 25 Luleå plant (Sweden) Components (production of AUTOEUROPA - frame members) AUTOMÓVEIS LDA. (3,000 employees; founded in 26 Angers plant 1991; 74 % Volkswagen Inter­ (France) national Finance N.V.; 26 % Global Assembly of trucks VW Automotive B.V.) 27 Zwolle plant 21 Palmela plant (The Netherlands) EOS, SCIROCCO, SHARAN, Assembly of trucks SEAT ALHAMBRA 28 Meppel RUSSIA (The Netherlands) Components, components paint OOO Volkswagen Group Rus shop (2,000 employees; founded in 1999; 28.06 % VOLKSWAGEN AG, 29 Slupsk plant (Poland) 16.80 % SKODA AUTO a.s., 48.92 % Assembly of bus bodies Volkswagen International Finance N.V., 6.22 % European Bank for 30 St. Petersburg plant Reconstruction and Development) (Russia) Assembly of bus bodies 22 Kaluga plant TIGUAN, ãKODA OCTAVIA, several 31 São Paulo plant SKD models of the Volkswagen, (Brazil) Volkswagen Commercial Vehicles, Production of engines, axles, cabs, ãkoda and Audi brands truck and bus chassis SWEDEN 32 Tucumán plant (Argentina) Scania AB Powertrain components (32,330 employees*; founded in (production) 1891, VOLKSWAGEN AG 49.29 % share capital and 71.81 % voting rights) 23 Södertälje plant (Sweden) Production of truck and bus chassis, components (engines, transmission and axle production) 24 Oskarshamn plant (Sweden) Components (production of cabs) * as reported by Scania December 31, 2009
  • 23. w w w.v o l k s w a g e n a g . c o m 21 SLOVAK REPUBLIC Volkswagen Navarra, S.A. (4,850 employees; VOLKSWAGEN SLOVAKIA a.s. founded in 1993 when the (6,600 employees; Pamplona plant was spun off from founded in 1991; wholly owned SEAT S.A. as ”Fabrica Navarra de by Volks agen International w A utomoviles S.A.“, 100 % SEAT, S.A.) Finance N.V.) 38 Pamplona plant 33 Bratislava plant POLO, engines (assembly only) TOUAREG, ãKODA OCTAVIA, AUDI Q7, PORSCHE CAYENNE, CZECH REPUBLIC gearboxes (assembly only) ãKODA AUTO a.s. 34 Martin plant (23,600 employees; components: gearboxes/chassis founded in 1895; wholly owned by Volkswagen International Finance SPAI N N.V.) SEAT, S.A. 39 Mladá Boleslav plant (11,500 employees; FABIA, FABIA COMBI, OCTAVIA, founded in 1950, wholly owned by OCTAVIA COMBI, engines, gearboxes, VOLKSWAGEN AG) components: foundry 35 Barcelona plant 40 Kvasiny plant components: press shop ROOMSTER, PRAKTIK, YETI, SUPERB, SUPERB COMBI 36 Martorell plant IBIZA, IBIZA SC, CORDOBA, LEON, 41 Vrchlabí plant TOLEDO, ALTEA, ALTEA XL, OCTAVIA, OCTAVIA COMBI ALTEA FREETRACK, EXEO, EXEO ST, engines (assembly only) H U NGARY Gearbox del Prat, S.A. AUDI HUNGARIA MOTOR (founded in 1989, wholly owned by Kft. SEAT, S.A.) (5,600 employees; founded in 1993; 37 Prat plant wholly owned by AUDI AG) gearboxes, components: foundry 42 Györ plant AUDI A3 CABRIOLET, AUDI TT COUPÉ, AUDI TT ROADSTER, engines December 31, 2009
  • 24. 22 PRODUCTION NETWORK NORTH/SOUTH AMERICA AND SOUTH AFRICA ö 43 48 49 31 32 47 44 46 50 45 USA BRAZIL öVolkswagen Group of Volkswagen do Brasil America Chattanooga Indústria de Veículos Operations, LLC. Automotores Ltda. (from 2011) (21,700 employees; founded in 1953; wholly owned by Volkswagen MEXICO International Finance N.V.) Volkswagen de México, S.A. 46 Anchieta plant de C.V. (13,200 employees; GOL, SAVEIRO, NEW SAVEIRO, POLO, founded in 1964; wholly owned POLO CLASSIC, PARATI, T2, engines, by VOLKSWAGEN AG) gearboxes: foundry 43 Puebla plant 47 Curitiba plant JETTA, NEW BEETLE, NEW BEETLE FOX, GOLF CABRIOLET, JETTA VARIANT, GOLF VARIANT EUROPE, BUS, TRUCK, 48 São Carlos plant engines: foundry engines ARGENTINA 49 Taubaté plant GOL, VOYAGE Volkswagen Argentina S.A. (5,100 employees; founded in SOUTH AFRICA 1980; wholly owned by SEAT, S.A.) Volkswagen of South Africa 44 Cordoba plant (Pty) Ltd. (4,750 employees; gearboxes founded in 1956; wholly owned by VOLKSWAGEN AG since 1974) 45 Pacheco plant FOX, SURAN, AMAROK, engines 50 Uitenhage plant (assembly only) POLO, POLO CLASSIC, CITI GOLF (2009 end of production), JETTA, BUS, CONSTELLATION MEDIUM, CONSTELLATION HEAVY, engines December 31, 2009
  • 25. PRO DU CTION N E T WO R K AS IA / PAC I F I C 23 55,57 58 56 54 53,59, 60 51 52 INDIA 53 Shanghai (Anting) plant ãKODA FABIA JINGRUI, ãKODA AUTO India Private Ltd. ãKODA OCTAVIA MINGRUI, (840 employees; founded in 1999; ãKODA SUPERB HAORUI, wholly owned by ãKODA AUTO a.s.) POLO JINQING, POLO JINQU, LAVIDA, SANTANA, PASSAT CLASSIC, 51 Aurangabad plant PASSAT LINGYU, TOURAN, engines ãKODA FABIA, ãKODA OCTAVIA, ãKODA SUPERB, 54 Nanjing plant JETTA, PASSAT, AUDI A4, AUDI A6 SANTANA VISTA Volkswagen India Private Ltd. FAW-Volkswagen (1,100 employees; founded in Automotive Company Ltd. 2007; VOLKSWAGEN AG 90.99 % (11,700 employees; founded in share capital and 0.0001 % voting 1991; 20 % VOLKSWAGEN AG, 10 % rights, Volkswagen International Volkswagen (China) Investment Finance N.V. 9.01 % share capital Company Ltd., 10 % AUDI AG, 50 % and 99.9999 % voting rights) First Automobile Works Corp./FAW) 52 Pune plant 55 Changchun plant ãKODA FABIA, POLO JETTA A2, NEW BORA, GOLF, SAGITAR, MAGOTAN, AUDI A4, AUDI A6, PEOPLE’S REPUBLIC OF CHINA AUDI Q5, engines, gearboxes Shanghai-Volkswagen 56 Chengdu plant Automotive Company Ltd. JETTA A2 (19,000 employees; founded in 1985; 40 % VOLKS AGEN AG, W 10 % Volkswagen (China) Invest­ ment Company Ltd., 50 % Shanghai Automotive Group Company Ltd/ SAGCL) December 31, 2009
  • 26. 24 PRO DUCTION N E T WOR K AS I A / PAC I F IC 55,57 58 56 54 53,59, 60 51 52 Volkswagen FAW Platform VOLKSWAGEN Transmission Company Ltd. (Shanghai) Company Ltd. (founded in 2005; 60 % Volkswagen (founded in 2001; 60 % Volkswagen (China) Investment Company Ltd., (China) Investment Company Ltd., 40 % FAWER Automobile Parts Co. 20 % FAW­Car Company, 20 % SAIC Ltd.) Motor Co., Ltd.) 57 Changchun plant 59 Shanghai (Jiading) plant components: chassis, axles gearboxes VOLKSWAGEN FAW Engine Shanghai Volkswagen (Dalian) Co., Ltd. Powertrain Company Ltd. (founded in 2005; 60 % Volkswagen (founded in 2005; 60 % Volkswa­ (China) Investment Company Ltd., gen (China) Investment Company 40 % First Automobile Works Corp./ Ltd., 40 % Shanghai Automotive FAW) Group Company Ltd./SAGCL) 58 Dalian plant 60 Shanghai (Loutang) plant engines, gearboxes engines December 31, 2009
  • 27. EN V I RONM E NT A N D TRANS PORT w w w.vo lkswa ge n ag . co m 25 Volkswagen Group models with CO2 emissions of less than 140 g/km for the German market 5 models ≤ 100 CO2 / km 58 models ≤ 120 CO2 / km 100 100 80 80 60 60 40 40 23 20 20 15 14 3 0 2 0 6 VW Audi SEAT ãkoda VW Audi SEAT ãkoda 104 models ≤ 130 CO2 / km 174 models ≤ 140 CO2 / km 100 100 78 80 80 60 60 49 38 40 40 31 27 24 20 16 15 20 VW Audi SEAT ãkoda VW Audi SEAT ãkoda December 31, 2009
  • 28. 26 D E L I V E R I E S T O C U S T O M E R S Worldwide 2008 December 31, 2009 2009 Group 6,256,843* 6,336,222 (= +1.3 %) Volkswagen Passenger Cars 3,667,843 3,954,454 (= +7.8 %) Audi 1,003,469 949,729 (= -5.4 %) SEAT 368,104 336,683 (= -8.5 %) ãkoda 674,530 684,226 (= +1.4 %) Volkswagen Commercial Vehicles 502,265 361,506 (= -28.0 %) Bentley 7,604 4,616 (= -39.3 %) Bugatti 71 50 (= -29.6 %) Lamborghini 2,430 1,515 (= -37.7 %) Scania 30,527* 43,443 (= +42.3 %) Europe 2008 December 31, 2009 2009 Group* 3,530,655 3,281,198 (= -7.1 %) Volkswagen Passenger Cars 1,571,705 1,564,084 (= -0.5 %) Audi 709,677 618,854 (= -12.8 %) SEAT 343,211 312,222 (= -9.0 %) ãkoda 570,285 525,572 (= -7.8 %) Volkswagen Commercial Vehicles 331,660 258,038 (= -22.2 %) Bentley 3,090 1,739 (= -43.7 %) Bugatti 30 22 (= -26.7 %) Lamborghini 997 667 (= -33.1 %) * Scania delivery figures: July 22 – December 31, 2008 ** excl. Scania
  • 29. w w w.v o l k s w a g e n a g . c o m 27 Western Europe excl. Germany 2008 December 31, 2009 2009 Group* 1,915,870 1,655,260 (= -13.6 %) Volkswagen Passenger Cars 872,022 766,397 (= -12,1.%) Audi 408,873 359,465 (= -12,1 .%) SEAT 270,518 236,852 (= -12.4 %) ãkoda 203,067 182,857 (= -10.0 %) Volkswagen Commercial Vehicles 158,285 107,776 (= -31.9 %) Bentley 2,347 1,363 (= -41.9 %) Bugatti 21 18 (= -14.3 %) Lamborghini 737 532 (= -27.8 %) Central and Eastern Europe 2008 December 31, 2009 2009 Group* 556,012 381,913 (= -31.3 %) Volkswagen Passenger Cars 178,466 125,070 (= -29.9 %) Audi 42,693 30,545 (= -28.5 %) SEAT 31,410 19,188 (= -38.9 %) ãkoda 254,714 180,387 (= -29.2 %) Volkswagen Commercial Vehicles 48,525 26,586 (= -45.2 %) Bentley 168 103 (= -38.7 %) Lamborghini 36 34 (= -5.6 %) * excl. Scania
  • 30. 28 D E L I V E R I E S T O C U S T O M E R S Germany 2008 December 31, 2009 2009 Group* 1,058,773 1,244,025 (= +17.5 %) Volkswagen Passenger Cars 521,217 672,617 (= +29.0 %) Audi 258,111 228,844 (= -11.3 %) SEAT 41,283 56,182 (= +36.1 %) ãkoda 112,504 162,328 (= +44.3 %) Volkswagen Commercial Vehicles 124,850 123,676 (= -0.9 %) Bentley 575 273 (= -52.5 %) Bugatti 9 4 (= -55.6 %) Lamborghini 224 101 (= -54.9 %) Great Britain 2008 December 31, 2009 2009 Group* 377,460 338,745 (= -10.3 %) Volkswagen Passenger Cars 178,458 157,536 (= -11.7 %) Audi 101,522 90,513 (= -10.8 %) SEAT 29,397 29,987 (= +2.0 %) ãkoda 37,072 36,012 (= -2.9 %) Volkswagen Commercial Vehicles 29,356 23,681 (= -19.3 %) Bentley 1,438 891 (= -38.0 %) Bugatti 10 5 (= -50.0 %) Lamborghini 207 120 (= -42.0 %) * excl. Scania
  • 31. w w w.v o l k s w a g e n a g . c o m 29 Italy 2008 December 31, 2009 2009 Group* 263,591 236,458 (= -10.3 %) Volkswagen Passenger Cars 143,651 130,649 (= -9.1 %) Audi 62,053 57,204 (= -7.8 %) SEAT 27,300 22,235 (= -18.6 %) ãkoda 20,809 18,215 (= -12.5 %) Volkswagen Commercial Vehicles 9,405 7,900 (= -16.0 %) Bentley 143 44 (= -69.2 %) Lamborghini 230 211 (= -8.3 %) Spain 2008 December 31, 2009 2009 Group* 277,688 223,779 (= -19.4 %) Volkswagen Passenger Cars 93,682 77,773 (= -17.0 %) Audi 51,421 38,788 (= -24.6 %) SEAT 99,496 83,008 (= -16.6 %) ãkoda 20,487 17,598 (= -14.1 %) Volkswagen Commercial Vehicles 12,534 6,568 (= -47.6 %) Bentley 55 38 (= -30.9 %) Bugatti 1 0 (= -100.0 %) Lamborghini 12 6 (= -50.0 %) * excl. Scania
  • 32. 30 D E L I V E R I E S T O C U S T O M E R S North America 2008 December 31, 2009 2009 Group* 502,949 467,528 (= -7.0 %) Volkswagen Passenger Cars 375,326 344,776 (= -8.1 %) Audi 102,273 98,896 (= -3.3 %) SEAT 13,066 15,588 (= +19.3 %) Volkswagen Commercial Vehicles 8,589 6,429 (= -25.1 %) Bentley 2,863 1,443 (= -49.6 %) Bugatti 19 7 (= -63.2 %) Lamborghini 813 389 (= -52.2 %) USA 2008 December 31, 2009 2009 Group* 314.513 297.973 (= -5,3 %) Volkswagen Passenger Cars 223,128 213,454 (= -4.3 %) Audi 87,760 82,716 (= -5.7 %) Volkswagen Commercial Vehicles 2 0 (= -100.0 %) Bentley 2,863 1,443 (= -49.6 %) Bugatti 19 7 (= -63.2 %) Lamborghini 741 353 (= -52.4 %) * excl. Scania
  • 33. w w w.v o l k s w a g e n a g . c o m 31 South America 2008 December 31, 2009 2009 Group* 797,742 815,130 (= +2.2 %) Volkswagen Passenger Cars 663,458 735,142 (= +10.8 %) Audi 9,574 8,716 (= -9.0 %) SEAT 2,957 1,491 (= -49.6 %) ãkoda 2,623 1,819 (= -30.7 %) Volkswagen Commercial Vehicles 119,130 67,957 (= -43.0 %) Lamborghini 0 5 Brazil 2008 December 31, 2009 2009 Group* 633,293 688,270 (= +8.7 %) Volkswagen Passenger Cars 526,297 623,056 (= +18.4 %) Audi 1,376 2,010 (= +46.1 %) Volkswagen Commercial Vehicles 105,620 63,199 (= -40.2 %) Lamborghini 0 5 South Africa 2008 December 31, 2009 2009 Group* 72,774 51,982 (= -28.6 %) Volkswagen Passenger Cars 55,996 39,379 (= -29.7 %) Audi 9,525 8,710 (= -8.6 %) SEAT 1,285 0 (= -100.0 %) Volkswagen Commercial Vehicles 5,940 3,885 (= -34.6 %) Lamborghini 28 8 (= -71.4 %) * excl. Scania
  • 34. 32 D E L I V E R I E S T O C U S T O M E R S Asia-Pacific 2008 December 31, 2009 2009 Group* 1,170,358 1,546,121 (= +32.1 %) Volkswagen Passenger Cars 929,841 1,200,505 (= +29.1 %) Audi 155,131 199,003 (= +28.3 %) ãkoda 76,654 138,782 (= +81.0 %) Volkswagen Commercial Vehicles 7,256 6,646 (= -8.4 %) Bentley 1,051 869 (= -17.3 %) Bugatti 8 6 (= -25.0 %) Lamborghini 417 310 (= -25.7 %) China 2008 December 31, 2009 2009 Group* 1,024,007 1,400,013 (= +36.7 %) Volkswagen Passenger Cars 843,956 1,117,303 (= +32.4 %) Audi 119,598 158,941 (= +32.9 %) ãkoda 59,284 122,556 (= +106.7 %) Volkswagen Commercial Vehicles 534 612 (= +14.6 %) Bentley 518 484 (= -6.6 %) Lamborghini 117 117 (= 0.0 %) * excl. Scania
  • 35. C O M P E T I T I V E S I T U AT I O N 33 M A R K E T S H A R E S O F N E W PA S S E N G E R C A R R 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 ) 2008 2009 December 31, 2009 Germany 33.6 % 34.2 % France 11.9 % 11.3 % Great Britain 16.3 % 15.9 % Italy 11.2 % 10.1 % Spain 23.0 % 23.2 % Portugal 19.9 % 20.1 % Belgium 19.6 % 19.1 % The Netherlands 17.1 % 18.3 % Austria 31.1 % 31.7 % Switzerland 23.3 % 24.1 % Sweden 21.2 % 21.3 % Norway 25.2 % 24.2 % Denmark 17.3 % 15.8 % Finland 23.0 % 25.0 % Western Europe excl. Germany 16.5 % 15.8 % Western Europe 20.4 % 20.9 % Brazil 24.0 % 25.4 % China 18.7 % 16.5 % USA* 2.4 % 2.9 % Worldwide 10.3 % 11.3 % * market includes passenger cars and light trucks
  • 36. 34 C O M P E T I T I V E S I T U AT I O N N E W PA 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 Germany Volkswagen Group 34.17 % GM Group 9.79 % Ford Group 8.32 % PSA Group 6.08 % Renault 3.83 % Fiat Group 4.76 % BMW Group 6.77 % Daimler AG 8.31 % Japanese automakers 11.02 % Toyota Group 3.92 % Korean automakers 3.86 % USA (Passenger Cars and Light Trucks) Volkswagen 2.0 % Audi 0.8 % Volkswagen Group 2.9 % Toyota 17.0 % Nissan 7.4 % Honda 11.0 % Japanese automakers (total) 40.3 % Korean automakers (total) 7.0 % BMW Group 1.9 % Daimler AG 2.0 % Further imported brands 1.7 % Total imported brands 55.8 % GM Group 19.8 % Ford Group 15.5 % Chrysler 8.9 % Domestics 44.2 % December 31, 2009
  • 37. w w w.v o l k s w a g e n a g . c o m 35 Western Europe excl. Germany Volkswagen Group 15.78 % GM Group 8.59 % Ford Group 11.28 % PSA Group 15.86 % Renault 9.06 % Fiat Group 10.36 % BMW Group 4.47 % Daimler AG 3.58 % Japanese automakers 14.43 % Toyota Group 5.75 % Korean automakers 3.93 % China (excl. Hong Kong)* Shanghai Volkswagen 8.2 % FAW­Volkswagen 7.9 % Volkswagen Group (local) 16.1 % Volkswagen Group (imported brands) 0.4 % Volkswagen Group (total) 16.5 % GM Group 9.3 % Ford/Volvo Group 2.9 % PSAGroup 3.2 % Japanese automakers (total) 20.8 % Korean automakers (total) 9.8 % Chinese brands 23.4 % Further international brands 11.5 % Further imported brands 2.6 % * Source: Volkswagen Group China December 31, 2009
  • 38. 36 D E V E L O P M E N T S I N W O R K F O R C E VO L K SWA G E N G R O U P Development of workforce worldwide thousands 369.9 370 368.5 360 350 344.9 342.5 340 330 329.3 324.9 320 310 300 2004 2005 2006 2007 2008 2009 Year­end data, employees at production and service companies December 31, 2009 VO L K SWA G E N G R O U P Absolute numbers of employees in Germany/abroad thousands 195.6 195.9 178.7 180 177.3 174.3 172.6 168.9 168.7 165.2 166.2 160.6 160 155.9 140 120 100 2004 2005 2006 2007 2008 2009 Germany Year­end data, employees at production and service companies abroad December 31, 2009
  • 39. w w w.v o l k s w a g e n a g . c o m / i r 37 VO L K SWA G E N G R O U P Workforce at production companies by country (excl. Scania) Italy 986 Russia 1,978 India 1,986 Belgium 2,152 Portugal 2,979 Great Britain 3,425 South Africa 4,748 Argentina 5,550 Hungary 5,624 Slovak Republic 6,513 Poland 8,601 Mexico 13,203 Spain 17,502 Brazil 21,732 Czech Republic 23,655 China 30,752 Germany 151,429 December 31, 2009 VO L K SWA G E N G R O U P Workforce at production companies by employment category 350,000 300,000 105,288 104,942 93,084 105,966 124,039 125,694 250,000 200,000 228,418 230,959 222,592 214,037 236,005 232,960 150,000 100,000 50,000 0 2004 2005 2006 2007 2008 2009 salaried (excl. apprentices) hourly workers (excl. apprentices) December 31, 2009
  • 40. 38 D E V E L O P M E N T S I N W O R K F O R C E VO L K SWA G E N A G Development of part-time employees 102,520 101,028 94,000 90,468 90,363 95,164 3,431 3,000 2,912 2,780 2,500 2,303 2,487 2,249 2,000 1,500 1.500 1,000 1.000 500 2.8% 3.4% 2.4% 2.5% 2.8% 2.9% 0 2004 2005 2006 2007 2008 2009* total (incl. apprentices) * 2009 incl. Auto5000 GmbH part­time employees (excl. partial retirement) December 31, 2009 VO L K SWA G E N A G Development in share of female employees 102,520 101,028 94,000 90,468 90,363 95,164 13,984 14,000 13,715 13,500 13,397 13,000 12,472 12,500 12,427 11,966 12,000 11,500 13.4% 13.9% 13.3% 13.2% 13.8% 14.1% 11,000 2004 2005 2006 2007 2008 2009* total (incl. apprentices) * 2009 incl. Auto5000 GmbH women December 31, 2009
  • 41. w w w.v o l k s w a g e n a g . c o m / i r 39 VO L K SWA G E N A G Overall age structure 42.0 42.1 42.2 years years years 40 38.1 years 35 30 1998 2007 2008 2009* * 2009 incl. Auto5000 GmbH December 31, 2009 VO L K SWA G E N A G Health index % 2009* 95.2 2008 95.7 2007 95.7 2006 96.3 2005 96.2 2004 96.2 2003 95.8 2002 95.5 2001 95.8 2000 95.7 * 2009 incl. Auto5000 GmbH December 31, 2009
  • 42. 40 E M P L O Y E E S I N T E C H N I C A L D E V E L O P M E N T Volkswagen Individual 204 Sitech 134 Bentley 659 Bugatti 89 SEAT 939 Volkswagen de México/NAR 868 Volkswagen do Brasil 983 Volkswagen Argentina 1 31 1) incl. Robust Pick-Up/ Volkswagen Commercial Vehicles 2) incl. Audi Hungari Motor
  • 43. w w w.v o l k s w a g e n a g . c o m / i r 41 Volkswagen Passenger Cars Technical Development Scania 7,764 2,642 Volkswagen Commercial Vehicles 741 ãkoda 1,562 FAW-Volkswagen Audi2 Volkswagen 530 6,423 Group China VTT Japan 20 36 Lamborghini 159 Shanghai Volkswagen 1,067 Volkswagen of South Africa 122 Total: 25,585 612 further employees in Group Research December 31, 2009
  • 44. 42 GENERAL PROCUREMENT INFORMATION w w w.v o l k s w a g e n a g . c o m / i r Purchasing Volumes (Volkswagen Group) 75.4 billion € 70.7 billion € 2008* 2009 * excl. Scania Procurement Volumes by Brand and Company** Volkswagen AG (incl. Passenger Cars, Commercial Vehicles and ET­K) 18,085.76 25.6 % VW Slovakia 1,827.90 2.6 % VW do Brasil 4,252.64 6.0 % FAW Volkswagen 6,031.20 8.5 % VW Shanghai 7,151.58 10.1 % VW de México 2,618.78 3.7 % VW Sachsen 2,082.61 2.9 % Auto Europa 942.32 1.3 % Volkswagen Motor Polska 571.69 0.8 % VW of South Africa 631.04 0.9 % VW Argentina 666.12 0.9 % Audi Brussels 491.12 0.7 % Volkswagen RUS 326.22 0.5 % Volkswagen India 119.99 0.2 % Volkswagen USA 710.35 1.0 % Bentley 240.84 0.3 % Audi 11,475.02 16.2 % Audi Hungaria Motor kft. 2,660.70 3.8 % Lamborghini 207.74 0.3 % ãkoda 4,171.86 5.9 % SEAT 2,680.16 3.8 % Scania 2,745.00 3.9 % Total 70,690.65 100 % **million € Reporting period: 2009 December 31, 2009
  • 45. O R G A N I Z AT I O N A L C H A R T S 43 VOLKSWAGEN Headquarters: Wolfsburg, Germany Share of capital held: 100 % Board of Management, Volkswagen Passenger Cars Brand: Prof. Dr. rer. nat. Martin Winterkorn Chairman Dr. rer. pol. Arno Antlitz Controlling and Accounting Dr.-Ing. Ulrich Hackenberg Technical Development Christian Klingler Sales and Marketing Prof. Dr. Ing. Werner Neubauer Component Prof. Dr. rer. pol. Horst Neumann Human Resources and Organization Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement Hubert Waltl Production, Logistics Address: Volkswagen Aktiengesellschaft 38436 Wolfsburg Germany Internet: www.volkswagen.com February 1, 2010
  • 46. 44 O R G A N I Z AT I O N A L C H A R T S AUDI AG Headquarters: Ingolstadt, Germany Share of capital held: 99.55 % Board of Management, Audi: Rupert Stadler Chairman Ulf Berkenhagen Procurement Michael Dick Technical Development Frank Dreves Production Peter Schwarzenbauer Marketing and Sales Axel Strotbek Finance and Organization Dr. rer. pol. Werner Widuckel Human Resources Address: AUDI AG 85045 Ingolstadt Germany Internet: www.audi.com February 1, 2010
  • 47. O R G A N I Z AT I O N A L C H A R T S 45 SEAT, S.A. Headquarters: Martorell, Spain Share of capital held: 100 % Board of Management, SEAT: James Muir President Frank Bekemeier Research and Development Ralf Brandstätter Procurement Jan-Henrik Lafrentz Sales and Marketing Ramón Paredes Human Resources Dieter Seemann Finance and Organization Wolfram Thomas Production Address: SEAT, S.A. Autovía A­2, Km. 585 08760 Martorell Spain Internet: www.seat.com February 1, 2010
  • 48. 46 O R G A N I Z AT I O N A L C H A R T S ãKODA AUTO a.s. Headquarters: Mladá Boleslav, Czech Republic Share of capital held: 100 % Board of Management, ãkoda: Reinhard Jung Chairman Klaus Dierkes Human Resources Management Reinhard Fleger Sales and Marketing Karlheinz Hell Purchasing Holger Kintscher Commercial Affairs Dr. Ing. Eckhard Scholz Technical Development Address: ãKODA AUTO a.s. Václava Klementa 869 293 60 Mladá Boleslav Czech Republic Internet: www.skoda­auto.com February 1, 2010
  • 49. O R G A N I Z AT I O N A L C H A R T S 47 VOLKSWAGEN COMMERCIAL VEHICLES Headquarters: Hanover, Germany Share of capital held: 100 % Board of Management, Volkswagen Commercial Vehicles Brand: Dr.-Ing. Wolfgang Schreiber Chief Executive Officer Development Dirk Große-Loheide Purchasing and Logistics Harald Schomburg Sales and Marketing Klaus-Dieter Schürmann Finance and Integration Technology Jochen Schumm Human Resources Thomas Ulbrich Production Address: Volkswagen Commercial Vehicles PO Box 21 05 80 30405 Hanover Germany Internet: www.vwn.de February 1, 2010
  • 50. 48 O R G A N I Z AT I O N A L C H A R T S BENTLEY MOTORS LIMITED Headquarters: Crewe, Great Britain Share of capital held: 100 % Board of Management, Bentley: Dr.-Ing. Franz-Josef Paefgen Chairman and Chief Executive Doug Dickson Manufacturing Dr.-Ing. Ulrich Eichhorn Engineering Christine Gaskell Personnel Jürgen Hoffmann Finance and IS Stuart McCullough Sales and Marketing Address: Bentley Motors Limited Pyms Lane Crewe Cheshire, CW1 3PL Great Britain Internet: www.bentleymotors.com February 1, 2010
  • 51. O R G A N I Z AT I O N A L C H A R T S 49 BUGATTI Bugatti Automobiles S.A.S.: Headquarters: Molsheim, France Share of capital held: 100 % Dr.-Ing. Franz-Josef Paefgen President Rüdiger Meinicke Hans-Georg Melching Alasdair Stewart Chief Executive Officers Bugatti International S.A. (Headquarters Luxemburg) Dr.-Ing. Franz-Josef Paefgen President Bugatti Engineering GmbH (Headquarters Wolfsburg) Dr.-Ing. Wolfgang Schreiber Hans-Georg Melching Chief Executive Officers Address: Bugatti Automobiles S.A.S. 1, Château St. Jean 67120 Molsheim France Bugatti Engineering GmbH Nordsteimker Str. 7-9 38446 Wolfsburg Germany Internet: www.bugatti.com February 1, 2010