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NAVIGATOR2011
TA B L E O F C O N T E N T S Table of Contents The Volkswagen Group Board of Management of Volkswagen AG Supervisory Board Key Figures Five-Year Review Volkswagen Share Key Figures Share Price Development from Dec. 2005 to Dec. 2010 Significant Group Companies Production Network Germany Europe North/South America and South Africa Asia/Pacific Environment and Transport Deliveries to Customers Competitive Situation Market Shares of New Passenger Car Registrations by Country New Passenger Car Registrations by Market Developments in Workforce Employees in Technical Development General Procurement Information Procurement Volumes by Brand and Company Organizational Charts Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles Bentley Bugatti Lamborghini Scania Volkswagen Financial Services AG Historical Notes The Model Range of the Volkswagen Group Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles Bentley Bugatti Lamborghini Scania
1 1 2 4 5 6 8 10 12 14 16 16 18 22 23 25 26 33 33 34 36 40 42 42 43 43 44 45 46 47 48 49 50 51 52 54 76 76 84 89 92 96 100 101 102 103
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 worlds leading automobile manufacturers and the largest carmaker in Europe. In 2010, the Group increased the number of vehicles delivered to customers to 7.203 million (2009: 6.336 million), corresponding to a 11.4 percent share of the world passenger car market. In Western Europe just over one in five new cars (21.0 percent) comes from the Volkswagen Group. Group sales came in 2010 to 126,9 billion euros (2009: 105.2 billion). Profit after tax in the 2010 financial year amounted to 7.2 billion euros (2009: 0.9 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
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, buses and heavy trucks. From the first quarter of 2011 the Group operates 62 produc tion plants* in fifteen European countries and a further seven countries in the Americas, Asia and Africa. Around the world, nearly 400,000 employees produce about 30,000 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.
* The production plants Chattanooga and Osnabrck will start production in spring 2011 and are therefore counted as active production plants. December 31, 2010
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
Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement
Prof. Dr. rer. pol. Jochem Heizmann Commercial Vehicles
Christian Klingler Sales and Marketing
Dr.-Ing. E. h. Michael Macht Production
Prof. Dr. rer. pol. Horst Neumann Human Resources and Organization
Hans Dieter Ptsch Finance and Controlling
Rupert Stadler Chairman of the Board of Management of AUDI AG
December 31, 2010
SU PERVISORY BOAR D
Hon.-Prof. Dr. techn. h.c. Dipl.-Ing. ETH Chairman Ferdinand K. Pich
Peter Mosch
Chairman of the General Works Council of AUDI AG Bernd Osterloh
Berthold Huber
Deputy Chairman,
Chairman of the General and Group Works Councils of Volkswagen AG Dr. jur. Hans Michel Pich
First Chairman of IG Metall
Lawyer in private practice Dr. Hussain Ali Al-Abdulla Dr. jur. Ferdinand Oliver Porsche Member of the Board of Management of Familie Porsche AG Beteiligungsgesellschaft
Vice Chairman of Quatar Holding Jrg Bode
Minister of Economic Affairs, Labor of Lower Saxony
and Transport for the Federal State
Dr. rer. comm. Wolfgang Porsche
Chairman of the Supervisory Board of Porsche Automobil Holding SE; of Dr. Ing. h.c. F. Porsche AG Wolfgang Ritmeier Chairman of the Supervisory Board
Dr. jur. Michael Frenzel Chairman of the Board of Management of TUI AG Babette Frhlich
IG Metall, Head of Strategic Planning Dr. jur. Hans Michael Gaul Dr. Ing. Jrgen Gromann
Chairman of the Board of Manage Association (VMA) Jrgen Stumpf
ment of Volkswagen Management
Chairman of the Board of Manage ment of RWE AG; Partner, Georgs marienhtte Holding GmbH Peter Jacobs
Chairman of the Works Council at the Volkswagen AG Kassel plant Bernd Wehlauer
Deputy Chairman of the General and Group Works Councils of Volkswagen AG
the Volkswagen AG Emden plant David McAllister
Chairman of the Works Council at
Thomas Zwiebler
MinisterPresident of the
Chairman of the Works Council,
Federal State of Lower Saxony Hartmut Meine
Volkswagen Commercial Vehicles
Director of the Lower Saxony and SaxonyAnhalt Regional Office of IG Metall
December 31, 2010
KEY FIGURES VO L K SWA G E N G R O U P

Volume Data 1 Vehicle sales (units) Production (units) Employees at Dec. 31 Financial Data (IFRSs), million Sales revenue Operating profit Profit before tax Profit after tax Profit attributable to shareholders of Volkswagen AG Cash flows from operating activities Cash flows from investing activities Automotive Division 2 EBITDA 3 Cash flows from operating activities Cash flows from investing activities of which: investments in property, plant and equipment as a percentage of sales revenue capitalized development costs as a percentage of sales revenue 13,940 13,930 9,095 5,656 5.0 1,667 1.5 4,835 18,639 2010 7.1 13.5 12.9 8,005 12,815 10,252 5,783 6.2 1,948 2.1 2,563 10,636 2009 1.2 3.8 7.9 + 88.6 + 75.2 14.4 + 74.1 + 8.7 11.3 2.2 2010 7,278,440 7,357,505 399,381 2010 126,875 7,141 8,994 7,226 6,835 11,455 9,278 2009 6,309,743 6,054,829 368,500 2009 105,187 1,855 1,261 911 960 12,741 10,428 % + 15.4 + 21.5 + 8.4 % + 20.6 x x x x 10.1 11.0
Net cash flow Net liquidity at Dec. 31 Return ratios in % Return on sales before tax (Automotive Division) Return on investment after tax
Return on equity before tax
(Financial Services Division) 5
w w w.v o l k s w a g e n a g . c o m VO L K SWA G E N A G
Volume Data Vehicle sales (units) Production (units) Employees at Dec. 31 7 Financial Data (HGB), million Sales Net income for the year 2010 2,309,648 1,100,186 94,787 2010 57,243 1,550 2009 2,053,427 1,038,344 95,164 2009 47,864 1,082 % + 12.5 + 6.0 0.4 % + 19.6 + 43.3
1) Volume data including the unconsolidated Chinese joint ventures. Employees in 2009 not including Chinese component plants. the Automotive and Financial Services divisions. 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.
2) Including allocation of consolidation adjustments between 3) Operating profit plus net depreciation / amortization and impairment losses / reversals
4) Excluding acquisition and disposal of equity investments: 7,034 million (7,585 million). 5) Profit before tax as a percentage of average equity.
December 31, 2010
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.
2010 7,278 1,059 6,219 7,358 2,115 5,243 389 178 210 2010 126,875 8,994 7,226 11,455 9,278
2009 6,310 1,288 5,022 6,055 1,938 4,117 367 173 194 2009 105,187 1,261 911 12,741 10,428
2008 6,272 1,013 5,259 6,347 2,146 4,201 357 178 179 2008 113,808 6,608 4,688 2,702 11,613
2007 6,192 1,030 5,162 6,213 2,086 4,127 329 175 154 2007 108,897 6,543 4,122 9,308 7,120
2006 5,720 1,093 4,627 5,660 1,935 3,725 329 174 155 2006 104,875 1,793 1,955 14,470 11,911
December 31, 2010
10
VO L K SWA 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 Preferred shares per ordinary share thousands thousands billion billion factor
Dividend
per preferred share
Share price development 1 Ordinary shares Closing Annual high Annual low Closing
Preferred shares Annual high Annual low
Market capitalization at Dec. 31 Equity at Dec. 31 Ratio of market capitalization to equity
Key figures per share Earnings per ordinary share basic diluted factor factor % % % %
Cash flows from operating activities 3 Equity 4 Price/earnings ratio 5 Dividend yield
Operating profit 3
Price/cash flow ratio 5 ordinary share
Price development (excluding dividends) ordinary share preferred share
preferred share
Turnover on German stock exchanges 6 Turnover of Volkswagen ordinary shares Volkswagen share of total DAX turnover million shares % billion
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).
11
2010 295,046 170,143 2.20 2.26 2010 105.90 118.50 62.30
2009 295,005 105,238 1.60 1.66 2009 77.00 72.41 65.74 81.72 30.24 29.6 35.3 0.84 2009 2.37 2.37 31.84 88.15 32.5 2.4 2.1 2.5 69.2 4.64
2008 294,920 105,238 1.93 1.99 2008 250.00 945.00 148.43 38.02 29.30 77.7 35.0 2.22 2008 11.92 11.88 15.91 27.13 87.49 21.0 9.2 0.8 5.2 + 60.2 62.0 2008 136.5 562.8 8.0
2007 291,337 105,238 1.80 1.86 2007 156.10 197.90 82.60
2006 286,980 105,238 1.25 1.31 2006 85.89 85.89 45.10 56.55 56.55 32.85 30.6 26.9 1.14 2006 7.07 2 7.04 2 5.18
298.85
121.40 136.90 55.83 51.9 46.0 1.13 2010 15.17 15.17 15.87 25.46 98.84 7.0 4.2 2.1 1.9 + 37.5 + 84.7 2010 81.4 6.3 3.2 7
108.30
100.00 131.00 54.14 56.0 31.9 1.75 2007 10.43 10.34 15.60 39.72 80.38 15.0 3.9 1.2 1.9 + 81.7 + 76.8 2007 103.1 877.3 5.3
37.32 68.59 12.1 2.3 1.5 2.3 + 92.5 + 74.0 2006 770.4 3.9 50.5
+ 72.9 2009 129.6 23.5 3.2 7
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, 2010
12
SHARE PRICE DEVELOPMENT FROM DEC. 2005 TO DEC. 2010
700
600 500 400 300 200 100 0

March 2006 March 2007 December 2005 September 2006 December 2006 September 2007 December 2007 March 2008 June 2006 June 2007
Index based on month-end prices: Dec. 31, 2005 = 100
13
June 2008
September 2008
December 2008
March 2009
June 2009
September 2009
December 2009
March 2010
June 2010
September 2010
Volkswagen preferred share DJ Euro STOXX 50 German Share Index (DAX)
Volkswagen ordinary share DJ Euro STOXX Automobile
December 31, 2010
December 2010
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 as % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 53.37 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 93.78 100.00 99.55 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 51.00 100.00 100.00 100.00 100.00 100.00
VOLKSWAGEN AG, Wolfsburg Volkswagen Sachsen GmbH, Zwickau VOLKSWAGEN SLOVAKIA, a.s., Bratislava/Slovak Republic SITECH Sitztechnik GmbH, Wolfsburg Volkswagen Navarra, S.A., Polgono de Landaben, s/n, Arazur (Navarra)/Spain Volkswagen Autoeuropa, Lda., Quinta do Anjo/Portugal Volkswagen Motor Polska Sp.z o.o., Polkowice/Poland VolkswagenAudi Espaa, S.A., El Prat de Llobregat (Barcelona)/Spain Volkswagen Original Teile Logistik GmbH & Co. KG, Baunatal VOLKSWAGEN Group United Kingdom Ltd., Milton Keynes/United Kingdom Groupe VOLKSWAGEN France s.a., VillersCotterts/France Automobilmanufaktur Dresden GmbH, Dresden Volkswagen Poznan Sp.z o.o., Poznan Poland / Volkswagen Group Sverige Aktiebolag, Sdertlje/Sweden Volkswagen Group of America, Inc., Herndon, Virginia/USA Volkswagen Group Canada, Inc., Ajax, Ontario/Canada VOLKSWAGEN Group Japan K.K., Toyohashi/Japan LLC Volkswagen Group Rus, Kaluga/Russian Federation Volkswagen India Private Ltd., Pune/India AUDI AG, Ingolstadt AUDI BRUSSELS S.A./N.V., Brussels/Belgium AUDI HUNGARIA MOTOR Kft., Gyr/Hungary Audi of America, LLC, Herndon, Virginia/USA Audi Volkswagen Korea Ltd., Seoul/Korea Audi Volkswagen Middle East FZE, Dubai/United Arab Emirates Automobili Lamborghini Holding S.p.A., Sant' Agata Bolognese/Italy VOLKSWAGEN GROUP ITALIA S.P.A., Verona/Italy quattro GmbH, Neckarsulm SEAT, S.A., Martorell, Barcelona/Spain SEAT Deutschland GmbH, MrfeldenWalldorf Gearbox del Prat, S.A., El Prat de Llobregat (Barcelona)/Spain KODA AUTO a.s., Mlad Boleslav/Czech Republic kodaAuto Deutschland GmbH, Weiterstadt KODA AUTO Slovensko, s.r.o., Bratislava/Slovak Republic KODA AUTO POLSKA, S.A., Poznan/Poland Bentley Motors Ltd., Crewe/United Kingdom Volkswagen de Mxico, S.A. de C.V., Puebla/Pue./Mexico Volkswagen do Brasil Indstria de Veculos Automotores Ltda., So Bernardo do Campo/Brazil Volkswagen Argentina S.A., Buenos Aires/Argentina Volkswagen of South Africa (Pty) Ltd., Uitenhage/South Africa
December 31, 2010
15
Name, location
Equity interest as % 49.29 100.00 100.00 100.00 100.00
Scania AB, Sdertlje/Sweden 1 Scania CV AB, Sdertlje/Sweden Scania Latin America Ltda., So Bernardo do Campo/Brazil Scania Great Britain Ltd., Milton Keynes/United Kingdom Scania Deutschland Holding GmbH, Koblenz
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 Dr. Ing. h.c. F. Porsche AG, Stuttgart MAN SE, Munich 3 Suzuki Motor Corporation, Hamamatsu, Shizuoka/Japan 49.90 28.67 19.89
VOLKSWAGEN FINANCIAL SERVICES AG, Braunschweig 100.00 Volkswagen Leasing GmbH, Braunschweig 100.00 Volkswagen Bank GmbH, Braunschweig 100.00 Volkswagen Versicherung Aktiengesellschaft, Braunschweig 100.00 VolkswagenVersicherungsdienst GmbH, Wolfsburg 100.00 VOLKSWAGEN FINANCE, S.A. ESTABLECIMIENTO FINANCIERO DE CRDITO , 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 koFIN 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, 6 60.00 100.00 100.00 100.00
VW CREDIT, INC., Wilmington, Delaware/USA VOLKSWAGEN LEASING SA DE CV, Puebla/Mexico VOLKSWAGEN BANK SA INSTITUCION DE BANCA MULTIPLE, Puebla/Mexico
Financial services companies in Brazil, So 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 companys fiscal year ended on June 30, 2010. In the current fiscal year, the reporting date was moved to December 31, 2010. 5) Global Mobility Holding B.V., Amsterdam, holds all shares of LeasePlan Corporation N.V., Amsterdam. 6) The Volkswagen Group has joint control of Volkswagen Pon Financial Services B.V. on the basis of contractual provisions.
December 31, 2010
16
PRODUCTION N ETWORK GERMANY
12
4 8
3, 13 5
6 10 9
11
December 31, 2010
17
GERMANY
founded in 1909, 1965 acquisition of 50 % of the capital of Auto Union GmbH; today more than
7 Emden plant
AUDI AG (46,620 employees;
(7,536 employees)
PASSAT, PASSAT ESTATE, PASSAT CC
8 Salzgitter plant
(5,950 employees) engines
99 % owned by VOLKSWAGEN AG)
1 Ingolstadt plant
Volkswagen Sachsen GmbH

(7,846 employees; founded in 1990; wholly owned by VOLKSWAGEN AG)
AUDI A4 AVANT, AUDI A4 ALLROAD, BACK, AUDI Q5, AUDI A5 COUP, AUDI A5 SPORT
AUDI A3, AUDI A3 SPORTBACK, AUDI A4,
components: engine components
9 Chemnitz plant
engines
2 Neckarsulm plant
AUDI A4, AUDI A5 CABRIOLET,
10 Zwickau plant
GOLF, PASSAT
A8, AUDI R8 COUP, AUDI R8 SPYDER
ALLROAD, AUDI A7 SPORTBACK, AUDI
AUDI A6, AUDI A6 AVANT, AUDI A6
VOLKSWAGEN AG
Automobilmanufaktur Dresden GmbH
(421 employees; founded in 1998;
(94,787 employees; founded as
wholly owned by VOLKSWAGEN AG)
Volkswagenwerk GmbH in 1938)
3 Wolfsburg plant
(49,857 employees) GOLF, GOLF PLUS, TIGUAN, TOURAN, components: press shop, chassis, plastics technology
11 Glserne Manufaktur Dresden

PHAETON
Volkswagen Osnabrck GmbH
(840 employees; founded in 2009;
4 Hanover plant
wholly owned by VOLKSWAGEN AG)
(12,530 employees) heat exchangers
T5, components: foundry,
12 Osnabrck plant
2011)
GOLF CABRIOLET (from 2nd quarter
5 Brunswick plant
(5,548 employees) chassis components
SITECH Sitztechnik GmbH
(1,755 employees; founded in 2001; wholly owned by SITECH Sp. z o.o.)
6 Kassel plant
(13,366 employees)
13 Wolfsburg plant
gearboxes, components: foundry, press shop, exhaust systems
components: seating technology
December 31, 2010
18
PRODUCTION N ETWORK EUROPE
26
24 25 23
30 17
29 28
20, 21
19
14 27 16 18 38 22
35 36 37
39 4140
33 42
34
15
December 31, 2010
19
BELGI UM AUDI BRUSSELS S.A.

1971; wholly owned by AUDI AG) (2,143 employees; founded in
ITALY Automobili Lamborghini S.p.A.

wholly owned by Automobili
(826 employees; founded in 1963, Lamborghini Holding S.p.A., wholly owned by AUDI AG since 1998)
14 Brussels plant
AUDI A1
BOSN IA-H ERZEGOVI NA VOLKSWAGEN SARAJEVO, d.o.o.

(founded in 1998; 58% VOLKSWAGEN AG, 42% Prevent Sarajevo d.o.o.)
18 Sant Agata Bolognese plant

GALLARDO COUP, GALLARDO SPYDER, MURCILAGO COUP,
MURCILAGO ROADSTER, engines
POLAND Volkswagen Pozna Sp. z o.o. n

(4,985 employees; founded in 1993; wholly owned by Volkswagen International Finance N.V.)
15 Sarajevo plant
ECO CARRIER, components: ring gears, stub axles
19 Pozna plant n
FRANCE Bugatti Automobiles SAS

part of the Volkswagen Group (62 employees; founded in 1910; since 1998; today wholly owned by
CADDY 3, T5, components: foundry
Volkswagen Motor Polska Sp. z o.o.
Groupe VOLKSWAGEN France s.a.)
(1,147 employees; founded in 1998; wholly owned by Volkswagen Inter ational Finance N.V.) n
16 Molsheim plant
VEYRON SUPER SPORT
VEYRON 16.4, VEYRON GRAND SPORT,
20 Polkowice plant
engines
GREAT BRITAI N Bentley Motors Ltd.

(3,467 employees; founded in 1919; Interna ional Finance N.V.) t wholly owned by Volkswagen
SITECH Sp. z o.o.
(1,393 employees; founded in 1998; wholly owned by Volkswagen Inter ational Finance N.V.) n
21 Polkowice plant
components: seating technology
17 Crewe plant
SPUR, CONTINENTAL GT,
MULSANNE, CONTINENTAL FLYING CONTINENTAL GTC, engines

December 31, 2010
20
PRODUCTION N ETWORK EUROPE
PORTUGAL AUTOEUROPA AUTOMVEIS LDA.
26 Lule plant (Sweden)

Components (production of frame members)
(3,221 employees; founded in 1991; 74 % Volkswagen International Finance N.V.; 26 % Global VW Automotive B.V.)
27 Angers plant (France)
Assembly of trucks
22 Palmela plant
EOS, SCIROCCO, SHARAN, SEAT ALHAMBRA
28 Zwolle plant (The Netherlands)

Assembly of trucks
RUSSIA
(3,097 employees; founded in 1999; 28.06 % VOLKSWAGEN AG, 16.80 % KODA AUTO a.s., 48.92 % Volkswagen International Finance N.V., 6.22 % European Bank for Reconstruction and Development)
29 Meppel plant (The Netherlands)
LLC Volkswagen Group Rus
Components, components paint shop
30 Slupsk plant (Poland)

Assembly of bus bodies
23 Kaluga plant
TIGUAN, POLO, KODA FABIA, KODA OCTAVIA
Production of engines, axles, cabs, truck and bus chassis
31 So Paulo plant (Brazil)
SWEDEN Scania AB
(35,514 employees*; founded in 1891, VOLKSWAGEN AG 49.29 % share capital and 71.81 % voting rights)
32 Tucumn plant (Argentina)
Powertrain components (production of gearboxes and axle components)
24 Sdertlje plant (Sweden)
Production of truck and bus chassis, components (engines, transmission and axle production)
25 Oskarshamn plant (Sweden)
Components (production of cabs)
* as reported by Scania
December 31, 2010
21
SLOVAK REPUBLIC VOLKSWAGEN SLOVAKIA, a.s.

(6,964 employees; founded in 1991; wholly owned by Volks agen International w Finance N.V.)
Volkswagen Navarra, S.A.
(4,795 employees; founded in 1993 when the Pamplona plant was spun off from SEAT S.A. as Fabrica Navarra de A utomoviles S.A., wholly owned by SEAT, S.A.)
33 Bratislava plant
TOUAREG, AUDI Q7, PORSCHE CAYENNE, gearboxes (assembly only)
38 Pamplona plant
POLO, engines (assembly only)
CZECH REPUBLIC KODA AUTO a.s.

34 Martin plant
gearbox/chassis components
SPAI N SEAT, S.A.

(10,726 employees; founded in 1950, wholly owned by Volkswagen International Finance N.V)
39 Mlad Boleslav plant
FABIA, FABIA COMBI, OCTAVIA, OCTAVIA COMBI, engines, gearboxes, components: foundry
35 Barcelona plant 36 Martorell plant
components: press shop
ROOMSTER, PRAKTIK, YETI, SUPERB, SUPERB COMBI
40 Kvasiny plant
IBIZA, IBIZA SC, IBIZA SPORTTOURER, LEN, ALTEA, ALTEA XL, ALTEA FREE TRACK, EXEO, EXEO ST, engines (assembly only)
41 Vrchlab plant
OCTAVIA, OCTAVIA COMBI
H U NGARY AUDI HUNGARIA MOTOR Kft.

(6,138 employees; founded in 1993; wholly owned by AUDI AG)
Gearbox del Prat, S.A.
(1,085 employees; founded in 1989, wholly owned by SEAT, S.A.)
37 Prat plant
gearboxes, components: foundry
AUDI A3 CABRIOLET, AUDI TT COUP, AUDI TT ROADSTER, engines
42 Gyr plant
December 31, 2010
22
PRODUCTION NETWORK NORTH/SOUTH AMERICA AND SOUTH AFRICA
43 44
49 50 32 45 46 48 31 51
47
USA Volkswagen Group of America Chattanooga Operations, LLC.
46 Pacheco plant
SURAN GP, AMAROK, engines (assembly only)
(1,265 employees; founded in 2008; wholly owned by Volkswagen Group of America Inc.)
BRAZIL Volkswagen do Brasil Indstria de Veculos Automotores Ltda.
43 Chattanooga plant
PASSAT (from 2nd quarter 2011)
MEXICO Volkswagen de Mxico, S.A. de C.V. (15,290 employees;
47 Anchieta plant
founded in 1964; wholly owned by VOLKSWAGEN AG)
GOL, NEW SAVEIRO, POLO, POLO CLASSIC, PARATI, T2, engines, gear boxes, components: foundry
44 Puebla plant
48 Curitiba plant
FOX, GOLF engines
JETTA, NEW BEETLE, NEW BEETLE CABRIOLET, GOLF ESTATE, engines, components: foundry
49 So Carlos plant 50 Taubat plant

GOL, VOYAGE
ARGENTINA Volkswagen Argentina S.A.

(6,500 employees; founded in 1980; wholly owned by SEAT, S.A.)
SOUTH AFRICA Volkswagen of South Africa (Pty) Ltd. (5,634 employees;
45 Cordoba plant
gearboxes
founded in 1956; wholly owned by VOLKSWAGEN AG)
51 Uitenhage plant
December 31, 2010
POLO, POLO VIVO, engines
PRO DU CTION N E T WO R K AS IA / PAC I F I C
23
59, 62
56,58
57
55 54,60, 61
52 53
INDIA KODA AUTO India Private Ltd. (954 employees; founded in

1999; wholly owned by KODA AUTO a.s.)
54 Shanghai (Anting) plant
52 Aurangabad plant
KODA FABIA JINGRUI, KODA OCTAVIA MINGRUI, KODA SUPERB HAORUI, POLO, POLO JINQING, POLO JINQU, LAVIDA, SANTANA, PASSAT LINGYU, TIGUAN, TOURAN, engines
JETTA, PASSAT, KODA FABIA, KODA OCTAVIA, KODA SUPERB, KODA YETI, AUDI A4, AUDI A6, AUDI Q5
55 Nanjing plant
SANTANA, SANTANA VISTA
Volkswagen India Private Ltd.

(3,505 employees; founded in 2007; VOLKSWAGEN AG 90.99 % share capital and 0.0001 % voting rights, Volkswagen International Finance N.V. 9.01 % share capital and 99.9999 % voting rights)
(15,596 employees; founded in 1991; 20 % VOLKSWAGEN AG, 10 % Volkswagen (China) Invest ment Company Ltd., 10 % AUDI AG, 60 % First Automobile Works Corp./FAW)
FAW-Volkswagen Automotive Company Ltd.
53 Pune plant
KODA FABIA, POLO, VENTO
56 Changchun plant
PEOPLES REPUBLIC OF CHINA Shanghai-Volkswagen Automotive Company Ltd.
JETTA, NEW BORA, GOLF, SAGITAR, MAGOTAN, MAGOTAN CC, AUDI A4, AUDI A6, AUDI Q5, engines, gear boxes
57 Chengdu plant
JETTA
(22,104 employees; founded in 1985; 40 % VOLKS AGEN AG, 10 % Volks W wagen (China) Investment Compa ny Ltd., 50 % Shanghai Automotive Group Company Ltd/SAGCL)
December 31, 2010
24
PRO DU CTION N E T WO R K AS I A / PAC I F IC
59, 62
56,58
57
55 54,60, 61
52 53
(354 employees; founded in 2005; 60 % Volkswagen (China) Invest ment Company Ltd., 40 % FAWER Automobile Parts Co. Ltd.)
Volkswagen FAW Platform Company Ltd.
Shanghai Volkswagen Powertrain Company Ltd.
58 Changchun plant
(525 employees; founded in 2005; 60 % Volkswagen (China) Invest ment Company Ltd., 40 % Shanghai Automotive Group Company Ltd./ SAGCL)
components: chassis, axles
61 Shanghai (Loutang) plant

engines
VOLKSWAGEN FAW Engine (Dalian) Co., Ltd.
(559 employees; founded in 2005; 60 % Volkswagen (China) Invest ment Company Ltd., 40 % First Automobile Works Corp./FAW)
(580 employees; founded in 2010; wholly owned by Volkswagen (China) Investment Company Ltd.)
VOLKSWAGEN Automatic Transmission Co., Ltd.
59 Dalian plant
engines
62 Dalian plant
gearboxes
(262 employees; founded in 2001; 60 % Volkswagen (China) Invest ment Company Ltd., 20 % FAWCar Company, 20 % SAIC Motor Co., Ltd.)
VOLKSWAGEN Transmission (Shanghai) Company Ltd.
60 Shanghai (Jiading) plant

gearboxes
December 31, 2010
EN V I RONM E NT A N D TRANS PORT www.volkswagenag.com 25
Volkswagen Group models with CO2 emissions of less than 130 g/km for the German market 20 models 100 CO2 / km
100 80 60 40 20 0 3
116 models 120 CO2 / km

100 80 60 40 20 23 40 29 15 14 22 6 koda 25
0 3 Audi
VW
SEAT
koda
VW
Audi
SEAT
220 models 130 CO2 / km

100 80 60 40 20 0 24 16 15 koda 75 52
49
51
42 2009 2010
December 31, 2010
VW
Audi
SEAT
26
D E L I V E R I E S TO C U STOM E R S
Worldwide Group Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles* Bentley Bugatti Lamborghini Scania
December 31, 2010
2009 2010
6,336,319 7,203,094 (= +13.7 %) 3,954,551 4,502,827 (= +13.9 %) 949,729 1,092,411 (= +15.0 %) 336,683 339,501 (= +0.8 %) 684,226 762,600 (= +11.5 %) 361,506 435,584 (= +20.5 %) 4,616 5,117 (= +10.9 %) 50 40 (= -20.0 %) 1,515 1,302 (= -14.1 %) 43,443 63,712 (= +46.7 %)
Europe Group** Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles Bentley Bugatti Lamborghini
December 31, 2010
2009 2010
3,281,216 3,304,907 (= +0.7 %) 1,564,083 1,545,374 (= -1.2 %) 618,854 647,631 (= +4.7 %) 312,222 309,416 (= -0.9 %) 525,572 528,071 (= +0.5 %) 258,057 272,210 (= +5.5 %) 1,739 1,751 (= +0.7 %) 22 18 (= -18.2 %) 667 436 (= -34.6 %)
* incl. trucks und buses January February 2009 ** excl. Scania
27
Western Europe excl. Germany Group* Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles Bentley Bugatti Lamborghini
December 31, 2010
2009 2010
1,655,259 1,846,870 (= +11.6 %) 766,396 863,496 (= +12.7 %) 359,465 382,748 (= +6.5 %) 236,852 248,499 (= +4.9 %) 182,857 219,938 (= +20.3 %) 107,776 130,426 (= +21.0 %) 1,363 1,408 (= +3.3 %) 18 14 (= -22.2 %) 532 341 (= -35.9 %)
Central and Eastern Europe Group* Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles Bentley Lamborghini
December 31, 2010
2009 2010
381,932 423,187 (= +10.8 %) 125,070 147,913 (= +18.3 %) 30,545 35,726 (= +17.0 %) 19,188 17,897 (= -6.7 %) 180,387 194,810 (= +8.0 %) 26,605 26,712 (= +0.4 %) 103 113 (= +9.7 %) 34 16 (= -52.9 %)
* excl. Scania
28
Germany Group* Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles Bentley Bugatti Lamborghini
December 31, 2010
2009 2010
1,244,025 1,034,850 (= -16.8 %) 672,617 533,965 (= -20.6 %) 228,844 229,157 (= +0.1 %) 56,182 43,020 (= -23.4 %) 162,328 113,323 (= -30.2 %) 123,676 115,072 (= -7.0 %) 273 230 (= -15.8 %) 4 4 101 79 (= -21.8 %)
Great Britain Group* Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles Bentley Bugatti Lamborghini
December 31, 2010
2009 2010
338,744 377,496 (= +11.4 %) 157,535 172,944 (= +9.8 %) 90,513 99,705 (= +10.2 %) 29,987 32,936 (= +9.8 %) 36,012 41,632 (= +15.6 %) 23,681 29,197 (= +23.3 %) 891 976 (=+9.5 %) 5 4 (= -20.0 %) 120 102 (= -15.0 %)
* excl. Scania
29
Italy Group* Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles Bentley Lamborghini
December 31, 2010
2009 2010
236,458 241,121 (= +2.0 %) 130,649 137,018 (= +4.9 %) 57,204 60,337 (= +5.5 %) 22,235 17,013 (= -23.5 %) 18,215 18,276 (= +0.3 %) 7,900 8,355 (= +5.8 %) 44 33 (= -25.0 %) 211 89 (= -57.8 %)
Spain Group* Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles Bentley Bugatti Lamborghini
December 31, 2010
2009 2010
223,779 244,811 (= +9.4 %) 77,773 85,916 (= +10.5 %) 38,788 39,557 (= +2.0 %) 83,008 91,331 (= +10.0 %) 17,598 19,871 (= +12.9 %) 6,568 8,100 (= +23.3 %) 38 29 (= -23.7 %) 0 2 6 5 (= -16.7 %)
* excl. Scania
30
North America Group* Volkswagen Passenger Cars Audi SEAT Volkswagen Commercial Vehicles Bentley Bugatti Lamborghini
December 31, 2010
2009 2010
467,344 549,238 (= +17.5 %) 344,776 406,367 (= +17.9 %) 98,896 121,452 (= +22.8 %) 15,588 13,380 (= -14.2 %) 6,245 6,186 (= -0.9 %) 1,443 1,531 (= +6.1 %) 7 6 (= -14.3 %) 389 316 (= -18.8 %)
USA Group Volkswagen Passenger Cars Audi Volkswagen Commercial Vehicles Bentley Bugatti Lamborghini
December 31, 2010
2009 2010
297,973 360,287 (= +20.9 %) 213,454 256,830 (= +20.3 %) 82,716 101,629 (= +22.9 %) 0 1 1,443 1,531 (= +6.1 %) 7 6 (= -14.3 %) 353 290 (= -17.8 %)
* excl. Scania
31
South America Group* Volkswagen Passenger Cars Audi SEAT koda Volkswagen Commercial Vehicles Lamborghini
December 31, 2010
2009 2010
808,817 887,958 (= +9.8 %) 735,142 756,451 (= +2.9 %) 8,716 13,390 (= +53.6 %) 1,491 2,483 (= +66.5 %) 1,819 1,915 (= +5.3 %) 61,644 113,707 (= +84.5 %) 5 12 (= +140.0 %)
Brazil Group* Volkswagen Passenger Cars Audi Volkswagen Commercial Vehicles Lamborghini
December 31, 2010
2009 2010
682,520 711,523 (= +4.2 %) 623,056 614,498 (= -1.4 %) 2,010 3,276 (= +63.0 %) 57,449 93,737 (= +63.2 %) 5 12 (= +140.0 %)
South Africa Group* Volkswagen Passenger Cars Audi Volkswagen Commercial Vehicles Lamborghini
December 31, 2010
2009 2010
51,935 71,299 (= +37.3 %) 39,379 54,173 (= +37.6 %) 8,710 12,060 (= +38.5 %) 3,838 5,058 (= +31.8 %) 8 8
* excl. Scania
32
Asia-Pacific Group* Volkswagen Passenger Cars Audi koda Volkswagen Commercial Vehicles Bentley Bugatti Lamborghini
December 31, 2010
2009 2010
1,546,121 2,140,698 (= +38.5 %) 1,200,505 1,651,469 (= +37.6 %) 199,003 276,241 (= +38.8 %) 138,782 203,313 (= +46.5 %) 6,646 7,907 (= +19.0 %) 869 1,283 (= +47.6 %) 6 5 (= -16.7 %) 310 480 (= +54.8 %)
China Group* Volkswagen Passenger Cars Audi koda Volkswagen Commercial Vehicles Bentley Lamborghini
December 31, 2010
2009 2010
1,400,013 1,923,454 (= +37.4 %) 1,117,303 1,513,570 (= +35.5 %) 158,941 227,938 (= +43.4 %) 122,556 180,515 (= +47.3 %) 612 283 (= -53.8 %) 484 901 (= +86.2 %) 117 247 (= +111.1 %)
* 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 )
2009 2010 Germany France Great Britain Italy Spain Portugal Belgium The Netherlands Austria Switzerland Sweden Norway Denmark Finland Russia Western Europe excl. Germany Brazil China USA* Worldwide
* market includes passenger cars and light trucks
December 31, 2010 34.2 % 35.1 % 11.3 % 11.2 % 16.1 % 17.2 % 10.1 % 11.5 % 23.2 % 23.8 % 20.1 % 20.1 % 19.1 % 19.9 % 18.2 % 21.1 % 31.7 % 32.2 % 24.2 % 24.8 % 21.3 % 23.1 % 24.2 % 25.5 % 14.7 % 16.4 % 25.0 % 26.8 % 6.5 % 7.1 % 15.8 % 16.9 % 25.4 % 22.9 % 16.5 % 16.8 % 2.9 % 3.1 % 11.2 % 11.4 %
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 PSA Group Renault Nissan Allia General Motors Group Ford Fiat Group BMW Group Daimler AG Toyota Group Hyundai Group 35.10 % 5.24 % 7.37 % 8.89 % 6.80 % 3.09 % 9.14 % 10.64 % 2.88 % 3.80 %
USA (Passenger Cars and Light Trucks) Volkswagen Audi Volkswagen Group Toyota Nissan Honda Japanese automakers (total) Korean automakers (total) BMW Daimler AG Further imported brands Total imported brands* GM Group Ford Group Chrysler Domestics 2.2 % 0.9 % 3.1 % 15.2 % 7.8 % 10.6 % 38.6 % 7.7 % 1.9 % 2.0 % 1.5 % 54.9 % 19.1 % 16.7 % 9.4 % 45.1 %
* All figures shown are rounded, so minor discrepancies may arise from addition of these amounts.
December 31, 2010
35
Western Europe excl. Germany Volkswagen Group PSA Group Renault Nissan Allia General Motors Group Ford Fiat Group BMW Group Daimler AG Toyota Group Hyundai Group 16.92 % 15.95 % 14.56 % 8.57 % 8.63 % 9.07 % 4.66 % 3.50 % 4.97 % 4.28 %
China (excl. Hong Kong)* Volkswagen Group (local) Volkswagen Group (imported brands) Volkswagen Group (total)** GM Group Toyota Ford Nissan PSA Group Honda Hyundai Kia Chery Geely BYD Further chinese brands Further international brands
* Source: Volkswagen Group China ** All figures shown are rounded, so minor discrepancies may arise from addition of these amounts.
16.1 % 0.6 % 16.8 % 9.4 % 6.6 % 2.7 % 5.8 % 3.3 % 5.7 % 5.9 % 2.8 % 4.5 % 3.1 % 4.2 % 17.9 % 7.0 %
December 31, 2010
36
DEVELOPMENTS I N WORKFORCE
VO L K SWA G E N G R O U P
Development of workforce worldwide
thousands
400 390 380 370 360 350 340 330 320 310 300 2005 2006 2007 2008 2009 324.9 344.9 329.3 369.9
399.4
368.5
2010
Yearend data, employees at production and service companies
Absolute numbers of employees in Germany/abroad
thousands
December 31, 2010
220 200 180 160 140 120 100 2005 Germany abroad 2006 2007 2008 2009
178.7 166.2 168.9 155.9 168.7 160.6 195.6 174.3 195.9
218.1
172.6
181.3
2010
Yearend data, employees at production and service companies
December 31, 2010
37
Workforce at production companies by country (excl. Scania) Italy 826
Belgium Russia Portugal Great Britain India South Africa Hungary Argentina Slovak Republic Poland Mexico Spain Brazil Czech Republic China Germany
2,143 2,690 3,221 3,467 4,459 5,634 6,138 6,500 6,964 8,593 15,290 16,606 23,189 23,308 39,980 152,269
December 31, 2010
Workforce at production companies by employment category

400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 2005 2006 2007 2008 2009 2010 230,959 222,592 214,037 236,005 232,960 255,149 104,942 93,084 105,966 124,039 125,694 133,687
salaried (excl. apprentices) hourly workers (excl. apprentices)
December 31, 2010
38
DEVELOPMENTS I N WORKFORCE
VO L K SWA G E N A G
Development of part-time employees
101,028 94,000 90,468 90,363 95,164 94,787
3,500 3,000 2,500 2,000 1,500 1,000 500 0
3,431 2,780 2,977
2,249
2,303
2,487
3.4%
2.4%
2.5%
2.8%
2.9%
3.1%
2005
2006
2007
2008
2009
2010
total (incl. apprentices) parttime employees (excl. partial retirement)

December 31, 2010
Development in share of female employees
101,028
94,000
90,468
90,363
95,164
94,787
14,000 13,500 13,000 12,500 12,000 11,500 11,000
13,984 13,397
13,747
12,472 11,966
12,427
13.9%
13.3%
13.2%
13.8%
14.1%
14.5%
2005 women
2006
2007
2008
2009
2010
total (incl. apprentices)
December 31, 2010
39
Overall age structure
42.5 42.0
42.0 years
42.1 years
42.2 years
42.4 years
41.0
40.0
2007
2008
2009
2010
December 31, 2010
Health index %
2010 2009
95.0 95.2 95.7 95.7 96.3 96.2 96.2 95.8 95.5 95.8
2008 2007 2006 2005 2004 2003 2002 2001
December 31, 2010
40
EMPLOYEES I N TEC H N ICAL DEVELOPMENT
Bentley 675
Volkswagen Osnabrck 278
VW R GmbH 199
Scania 3.394 Sitech 107
Bugatti 93
Volkswagen Passenger Cars Technical Development 7,739 Volkswagen Commercial Vehicles 728 koda 1,584
SEAT 918
Audi2 6,603 Italdesign Lamborghini 191 548
Volkswagen de Mxico/NAR 861
Volkswagen do Brasil 961
Volkswagen Argentina 1 36
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
FAW-Volkswagen Volkswagen 603 VTT Japan Group China 35 29 Shanghai Volkswagen 1,060
Volkswagen of South Africa 117 Total: 27,406
647 further employees in Group Research
December 31, 2010
42
GENERAL PROCUREMENT INFORMATION www.volkswagenag.com
Purchasing Volumes (Volkswagen Group) 89.7 billion 70.7 billion
2009 Procurement Volumes by Brand and Company* Volkswagen AG Audi Volkswagen Shanghai FAW Volkswagen Volkswagen do Brasil koda Auto Scania Volkswagen de Mxico Audi Hungaria Motor SEAT Volkswagen Slovakia Volkswagen Sachsen Volkswagen Argentina Volkswagen Autoeuropa Audi Brussels Volkswagen of South Africa Volkswagen USA Volkswagen Motor Polska Bentley Volkswagen Group RUS Lamborghini Volkswagen India Total
2010
20,693.61 13,493.86 10,634.87 8,586.52 5,595.36 5,074.55 4,140.17 3,794.69 3,277.33 2,893.98 2,773.90 2,372.07 1,304.17 1,248.97 754.62 701.74 675.48 658.88 329.51 272.72 214.29 179.01 89,670.30
23.1 % 15.0 % 11.9 % 9.6 % 6.2 % 5.7 % 4.6 % 4.2 % 3.7 % 3.2 % 3.1 % 2.6 % 1.5 % 1.4 % 0.8 % 0.8 % 0.8 % 0.7 % 0.4 % 0.3 % 0.2 % 0.2 % 100 %
* million
December 31, 2010
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 Address: Volkswagen Aktiengesellschaft 38436 Wolfsburg Germany Internet: www.volkswagen.com Chairman Controlling and Accounting Procurement Technical Development Sales and Marketing Component Human Resources and Organization Production, Logistics Dr. rer. pol. Arno Antlitz Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Dr.-Ing. Ulrich Hackenberg Christian Klingler Prof. Dr. Ing. Werner Neubauer Prof. Dr. rer. pol. Horst Neumann Hubert Waltl
February 01, 2011
44
AUDI AG

Headquarters: Ingolstadt, Germany Share of capital held: 99.55 % Board of Management, Audi: Rupert Stadler Chairman Procurement Technical Development Production Marketing and Sales Human Resources Finance and Organization Ulf Berkenhagen Michael Dick Frank Dreves Peter Schwarzenbauer Thomas Sigi Axel Strotbek
Address: AUDI AG 85045 Ingolstadt Germany Internet: www.audi.com
February 01, 2011
45
SEAT, S.A.

Headquarters: Martorell, Spain Share of capital held: 100 % Board of Management, SEAT: James Muir President Research and Development Finance and Organization Sales and Marketing Governmental Relations Human Resources Procurement Production Dr. Ing. Matthias Rabe Holger Kintscher James Muir Ramn Paredes Josef Schelchshorn Dieter Seemann Wolfram Thomas
Address: SEAT, S.A. Autova A2, Km. 585 08760 Martorell Spain Internet: www.seat.com
February 01, 2011
46
KODA AUTO a.s.
Headquarters: Mlad Boleslav, Czech Republic Share of capital held: 100 % Board of Management, koda: Prof. Dr. h.c. Winfried Vahland Chairman Purchasing Commercial Affairs Production und Logistics Technical Development Sales and Marketing Human Resources Management Karlheinz Hell Winfried Krause Michael Oeljeklaus Dr. Ing. Eckhard Scholz Jrgen Stackmann Bohdan Wojnar
Address: KODA AUTO a.s. Vclava Klementa 869 293 60 Mlad Boleslav Czech Republic Internet: www.skodaauto.com
February 01, 2011
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 Purchasing and Logistics Sales and Marketing Finance and Integration Technology Human Resources
Dirk Groe-Loheide Harald Schomburg Klaus-Dieter Schrmann Jochen Schumm
Address: Volkswagen Commercial Vehicles PO Box 21 05 80 30405 Hanover Germany Internet: www.vwn.de
February 01, 2011
48
BENTLEY MOTORS LIMITED

Headquarters: Crewe, Great Britain Share of capital held: 100 % Board of Management, Bentley: Wolfgang Drheimer Chairman and Chief Executive Special Projects Engineering Personnel Finance and IS Sales and Marketing Manufacturing Doug Dickson Dr.-Ing. Ulrich Eichhorn Christine Gaskell Jan-Henrik Lafrentz Alasdair Stewart Michael Straughan
Address: Bentley Motors Limited Pyms Lane Crewe Cheshire, CW1 3PL Great Britain Internet: www.bentleymotors.com
February 1, 2011
49
BUGATTI

Bugatti Automobiles S.A.S.: Headquarters: Molsheim, France Share of capital held: 100 % President Wolfgang Drheimer Dr. rer. pol. Stefan Brungs, Marketing, Sales and After Sales Hans-Georg Melching, Finance and Human Resources Fred Schulemann, Production Chief Executive Officers Bugatti International S.A. (Headquarters Luxemburg) Wolfgang Drheimer President Bugatti Engineering GmbH (Headquarters Wolfsburg) Dirk Isgen Hans-Georg Melching Chief Executive Officers Address: Bugatti Automobiles S.A.S. 1, Chteau St. Jean 67120 Molsheim France Bugatti Engineering GmbH Nordsteimker Str. 7-9 38446 Wolfsburg Germany
Internet: www.bugatti.com
February 1, 2011
50
AUTOMOBILI LAMBORGHINI S.p.A.

Headquarters: Sant Agata Bolognese, Italy Share of capital held: 100 % Board, Lamborghini: Stephan Winkelmann President of the Board Automobili Lamborghini S.p.A., Sant Agata Bolognese, Italy Member of the Board Member of the Board
Ranieri Niccoli Maurizio Reggiani
Address: Automobili Lamborghini S.p.A. via Modena, 12 40019 Sant Agata Bolognese Italy Internet: www.lamborghini.com
February 01, 2011
51
SCANIA

Headquarters: Sdertlje, Sweden Share of capital held: 49.29 % Executive Board, Scania: Leif stling Address: Scania SE151 87 Sdertlje Sweden Internet: www.scania.com President and Chief Executive Officer Research and Development, Purchasing Sales and Services Management Franchise and Factory Sales Production and Logistics Chief Financial Officer Finance and Business Control Per Hallberg
Christian Levin Martin Lundstedt Anders Nielsen Jan Ytterberg
February 01, 2011
52
Headquarters: Brunswick, Germany Share of capital held: 100 % Board of Management, Volkswagen Financial Services AG: Frank Witter Chairman of the Board of Management Finance Human Resources and Organization Risk Management Sales and Marketing Frank Fiedler Christiane Hesse Dr. rer. pol. Michael Reinhart Lars-Henner Santelmann
Address: Volkswagen Financial Services AG Gifhorner Strae 57 38112 Braunschweig Germany Internet: www.vwfs.com
February 01, 2011
53
54
H I STO R I CA L N OTE S
Ferdinand Porsches blueprint turned the dream of automotive mobility for the masses into a peoples car. The automobile laid the foundation for a com pany which rapidly acquired international significance after the Second World War. The motor of the Wirtschafts wunder was aircooled and fitted at the rear of a car whose distinctive silhouette made Volkswagen a household name all over the world, just as the Transporter launched in 1950 became a muchloved work horse and camper. Numerous production facilities outside Europe were already being set up in the 1950s to bring the automaker closer to the customer. Having evolved into a German automotive group with the acquisition of Auto Union GmbH and NSU Motoren werke AG in the 1960s, the dynamic market success of the Passat, Golf and Polo post1973 triggered further corporate growth towards a multibrand group: SEAT and Skoda were added in 1985 and 1991, Bentley, Lamborghini and Bugatti in 1998.
The brands Volkswagen Commercial Vehicles and Scania, that was acquired in 2008, with factories in Europe, Africa and South America pro vide a differentiated range of products spanning city vans, trucks and busses to suit the most diverse mobility require ments. The financial services pro vided by Volkswagen Financial Services AG, a company whose roots go back as far as 1949, also contribute to the automo tive success of the Volkswagen Group. Founded on strong brands, the Volkswagen Group continues its successful automotive tradi tion with fascinating products. Bolstered by another rise in unit sales to 7.1 million vehicles, the Volkswagen Group remains on course to become the worlds leading automaker by 2018 economically and ecologically.
55
1937 1945 May 28, 1937 Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH is established in Berlin. Early 1938 Construction of the Volkswagen plant east of Fallersleben be gins. September 16, 1938 The company name is changed to Volkswagenwerk GmbH. Between 1939 and 1945, the Volkswagen plant is re organized for the production of armaments rather than the production of civilian vehicles. The expanding armaments out put of the plant after summer 1940 leads the company to meet most of its labour needs by using forced labour from abroad. In late summer 1944, almost two thirds of the 18,000strong workforce is made up of foreign forced labourers. April 11, 1945 The American troops who enter the town put an end to the pro duction of military equipment and liberate the forced labourers.
56
1945
Vehicle Production VOLKSWAGENWERK GMBH 1,785
1945 1949 June 1945 Responsibility for the company seized by the Allies is turned over to the British Military Govern ment for administration in trusteeship. December 1945 Series production of the Volkswagen Type 1 begins with the assembly of 55 saloons. October 1947 Export of the first Volkswagen saloons to the Netherlands begins with five vehicles. January 1, 1948 Heinrich Nordhoff is appointed General Director of the Volks wagen works. July 29, 1948 The companys registered office is transferred from Berlin to Wolfsburg and the change entered into the Commercial Register. June 30, 1949 VolkswagenFinanzierungs Gesellschaft mbH is founded to provide loans to domestic customers and dealers, thus encouraging the sale of Volkswagens. October 8, 1949 The British Military Government hands over the Volkswagen works to the trusteeship of the Federal German government. The State of Lower Saxony assumes the administration.
Workforce (yearly average) VOLKSWAGENWERK GMBH Factory workers Office workers Total
5,459 574
6,033
Financial data (million Reichsmark) VOLKSWAGENWERK GMBH Sales

11.7
57
1950 1954 March 8, 1950 Series production of the Volks wagen Transporter begins in Wolfsburg. September 11, 1952 The internationalization of the Volkswagen sales network begins with the founding of Volkswagen Canada Ltd. in Toronto. March 23, 1953 Volkswagen sets up its first foreign production company, Volkswagen do Brasil Ltda., in So Paulo. In 1957 Volkswagen do Brasil switches from assembling the Transporter to local production; the first Beetle produced in Brazil leaves the assembly line in 1959. October 1953 Volkswagenwerk GmbH has 82 sales agencies outside of Germany. Exports account for 44 percent of vehicle production. With 68,754 vehicles exported in 1953, Volkswagen accounts for over 40 percent of all passenger car exports from the Federal Republic of Germany. January 1, 1954 The domestic sales organization encompasses 66 distributors, 239 dealerships and 531 authorized repair shops.
1950
13,322 1,644
14,966
Financial Data (million DM) VOLKSWAGENWERK GMBH Sales Profit

411 3.8
58
1955
1955 1959 August 5, 1955 Employees and dealers from home and abroad celebrate the production of the one millionth Volkswagen in Wolfsburg. August 1955 The Karmann Ghia Coup goes into production. October 27, 1955 Volkswagen of America Inc. is founded in Newark, New Jersey. March 8, 1956 After a oneyear period of con struction, the new plant in HanoverStcken starts producing the Transporter. June 8, 1956 Volkswagenwerk GmbH acquires an interest in the former import agency South African Motor Assemblers and Distributors Ltd. (SAMAD). July 1958 Powertrain remanufacturing is moved from Wolfsburg to Altenbauna near Kassel. The workforce at the new Kassel plant, which repairs and rebuilds 430 engines and 130 axles a day, rises to 1,124 in 1959.
Vehicle Sales VOLKSWAGENWERK GMBH Germany Abroad Total

150,397 177,657
328,054
28,606 2,964
31,570
Financial Data (million DM) VOLKSWAGEN GROUP Sales

1,444
59
1960 1964 March 11, 1960 Volkswagen France S.A. is founded in Paris. August 22, 1960 Based on the VW Act, Volks wagenwerk GmbH is trans formed into a joint stock com pany. Up to March 15, 1961, the company issues shares with a nominal value of 360 million DM at a share price of 350 DM. September 1961 Volkswagen launches the VW 1500 at the International Auto mobile Show in Frankfurt. October 2, 1962 The one millionth Volkswagen Transporter rolls off the assembly line at the Hanover plant. January 17, 1964 Volkswagen de Mxico, S.A. de C.V. is established in Mexico City. December 8, 1964 The Emden plant begins producing the Beetle. Over 500 vehicles roll off the assembly line each day. They are shipped from the companys own port and exported primarily to North America.
1960
Vehicle Production VOLKSWAGEN GROUP 890,673
Vehicle Sales VOLKSWAGEN GROUP Germany Abroad Total

374,478 514,029
888,507
Workforce (yearly average) VOLKSWAGEN GROUP Total 75,528

4,607
60
1965
Vehicle Production VOLKSWAGEN GROUP 1,594,861
1965 1969 January 1, 1965 Volkswagenwerk AG acquires AutoUnion GmbH registered in Ingolstadt; the independent brand widens the model range of the emerging group. October 1966 Volkswagen Leasing GmbH is founded. August 1967 Series production of the second generation of the Transporter begins at the Hanover plant. May 1, 1968 Kurt Lotz becomes Chairman of the Board of Management. September 19, 1968 A proving ground is opened near EhraLessien; in its final form, the site features over 100 km of test track. November 1968 The VW Group enters the upper midclass segment with the presentation of the Audi 100. August 21, 1969 Auto Union GmbH and NSU Motorenwerke AG join forces to become Audi NSU Auto Union AG. Volkswagenwerke AG initially owns 59.5 percent of the shares. November 1969 The VW Porsche 914 goes into production.

632,671 963,693
1,596,364
Workforce (yearly average) VOLKSWAGEN GROUP Employees in foreign Group companies Total
18,625
125,157

Investments 9,268 702
61
1970 1974 July 1970 The K 70 rolls off the assembly line at Volkswagens new Salzgitter plant. October 1, 1971 Rudolf Leiding takes over as Chairman of the Board of Management. May 1973 The Passat, the first model of the new Volkswagen generation, goes into production. It features frontwheel drive, a water cooled 4cylinder engine and a unitary construction allsteel body. February 1974 The sporty VW Scirocco goes into series production. March 29, 1974 Series production of the Golf begins in Wolfsburg. July 1, 1974 At 11.19 a.m. the last of almost 12 million Beetles rolls off the assembly line in Wolfsburg.
1970

725,055 1,481,866
2,206,921
35,421
190,306

Investments Profit 15,791 1,536 407
62
1975
1975 1979 February 10, 1975 Toni Schmcker becomes Chairman of the Board of Management. March 1975 Series production of the Polo begins in Wolfsburg. The auto mobile is positioned on the small car market as a less expensive version of the nearly identical Audi 50. October 27, 1976 The one millionth Golf rolls off the assembly line. January 1977 The Derby, a notchback version of the Polo, goes into production. November 1977 Contract with the German Democratic Republic providing for the delivery of 10,000 Golf. January 19, 1978 The last Beetle to be built in Germany leaves the assembly line at the Emden plant. May 1978 V.A.G. Transportgesellschaft mbH is founded in Wolfsburg. February 1979 Karmann in Osnabrck begins production of the Golf Convertible.

625,555 1,412,302
2,037,857
59,157
176,824
Financial Data (million DM) VOLKSWAGEN KONZERN Sales

Investments Loss 18,857 941 -157
63
1980 1984 March 1980 The Audi quattro fourwheel drive creates a stir at the Geneva Motor Show. May 8, 1980 At the Energy Symposium in Wolfsburg, Volkswagen presents the Formula E. December 1980 VW Kraftwerk GmbH is founded in Wolfsburg. August 1981 Production of the Santana begins. Production of the second generation Polo begins in Wolfsburg. January 1, 1982 Carl H. Hahn becomes Chairman of the Board of Management. September 30, 1982 A license agreement for the production of the Volkswagen Passat, Santana and Polo models is signed with Sociedad Espaola de Automviles de Turismo (SEAT). November 1982 The VW Caddy city van goes into series production. June 1983 Production of the second generation Golf begins. February 3, 1984 The new research centre at the plant in Wolfsburg is inaugurated. December 1984 Volkswagen acquires the majority of shares in the Italian general importer Autogerma S.p.A.
1980

787,591 1,707,156
2,494,747
99,060
257,930

64
1985
1985 1989 January 1, 1985 Audi NSU Auto Union AG is renamed AUDI AG. The registered office moves from Neckarsulm to Ingolstadt. April 20, 1985 ShanghaiVolkswagen Auto motive Company Ltd. is established. Volkswagenwerk AG has a 50 percent share in the GermanChinese joint venture. July 4, 1985 The name of the company is changed to Volkswagen AG. September 1, 1985 Series production of the Santana begins in China. June 18, 1986 Volkswagen AG acquires 51 percent of the capital stock of SEAT and increases its share to 75 percent by the end of the year. January 1988 The Corrado sport coup goes into series production. August 24, 1988 A licence agreement for the production of the Audi 100 in China is signed with First Automobile Works in Changchun. Autumn 1989 Market launch of the Audi 100 TDI, the first Group model with a turbo directinjection diesel engine.

721,812 1,676,192
2,398,004
88,703
259,047

65
1990 1994 February 6, 1991 FAWVolkswagen Automotive Company Ltd. is established in Changchun. April 16, 1991 Volkswagen AG acquires SKODA, automobilov a.s., which is integrated into the VW Group as the fourth brand. The wellrespected traditional Czech company marketed its first automobiles in 1905. June 24, 1991 AutoEuropa Automveis Lda. is established in Setubal, Portugal, for the production of a multipurpose vehicle (MPV). January 1, 1993 Ferdinand Pich becomes Chairman of the Board of Management. February 18, 1993 AUDI HUNGARIA MOTOR Kft. registered in Gyr is established to produce engines. January 1, 1994 Volkswagen Finanz GmbH established three years earlier is renamed Volkswagen Financial Services AG. March 1994 Audi presents the Audi A8, its sporty topclass limousine featuring the brilliantly innovative lightweight aluminum construction.
1990

945,384 2,084,795
3,030,179
95,934
268,744

Investments Profit 68,061 5,372 1,086
66
1995
1995 1999 July 4, 1995 The Volkswagen Nutzfahr zeuge (Commercial Vehicles) brand is introduced. November 17, 1995 Volkswagen Argentina S.A. commissions its new production plant in Pacheco near Buenos Aires. August 1997 At the Wolfsburg site the fourth Golf generation goes into production. December 1997 Volkswagen de Mxico starts production of the New Beetle. July 1998 Acquisition of Bugatti Inter national S.A. Holding and Bentley Motor Cars Ltd., whose automobile tradition goes back as far as 1919. September 1998 Audi AG acquires the Italian sports car manufacturer Lamborghini S.p.A. July 1999 Volkswagen makes automobile history with the start of the Lupo 3L TDI, the worlds first standard production 3liter vehicle. December 23, 1999 The assembly company SKODA Auto India Private Ltd. is established in Aurangabad.

937,323 2,504,623
3,441,946
117,147
259,342

67
2000 2004 June 1, 2000 The Autostadt opens in Wolfsburg. December 11, 2001 The Glserne Manufaktur is opened in Dresden and production of the Phaeton begins. April 16, 2002 Bernd Pischetsrieder becomes Chairman of the Board of Management of Volkswagen AG. August 2002 Series production of the Touareg begins at Volkswagen Slovakia, a.s. in Bratislava. December 2002 Production of the Touran starts in Wolfsburg. After only six years, the versatile compact van boasting highquality workmanship already tops the one million mark. August 2003 Production of the fifth generation Golf begins.
2000
Vehicle Production VOLKSWAGEN GROUP (thousands) 5,156
Vehicle Sales VOLKSWAGEN GROUP Germany (thousands) Abroad (thousands) Total (thousands)
1,019 4,146
5,165
Workforce (yearly average) VOLKSWAGEN GROUP Employees in foreign Group Total (thousands) companies (thousands) 160.3 324.4
Financial Data (million ) VOLKSWAGEN GROUP Sales

68
2005
2005 March 11, 2005 The sixth generation Passat limousine is launched, the successful Passat Estate model follows on August 19. May 24, 2005 The one hundred millionth Volkswagen, a Touran, leaves the assembly line at the Wolfs burg plant. September 15, 2005 The Bugatti Veyron takes to the road. The technical wonder from the 1001hp world in Molsheim, Alsace, transforms the masterly engineering craftsmanship of the automotive visionary Ettore Bugatti into contempora ry automotive performance. September 21, 2005 Production of Volkswagen Commercial Vehicles new Constellation truck family begins in Resende, Brazil. The seven to fortytonne trucks hold a 33 percent share of the market in Brazil.
1,019 4,174
5,193
Workforce (yearly average) VOLKSWAGEN GROUP Employees in foreign Group companies (thousands) Total (thousands)
166
345

69
2006 March 3, 2006 Series production of the Roomster, much acclaimed for its clever space concept, starts at the Skoda plant in Kvasiny. March 10, 2006 Market launch of the Audi Q7, the thirdgeneration luxury SUV; 52,750 vehicles had already been sold by the end of the year. May 19, 2006 The Volkswagen Eos, the new convertiblecoup, is launched on the German market. October 3, 2006 Volkswagen acquires an initial 15.06 percent stake in MAN Aktiengesellschaft. November 1, 2006 The collective bargaining agree ment between Volkswagen AG and IG Metall providing for a working time corridor with a ceiling of 34 hours comes into force. At the same time, produc tion volumes are agreed for the six traditional plants in order to improve capacity utilization and safeguard jobs. December 1, 2006 Volkswagen Financial Services takes over the processing of motor vehicle thirdparty liability claims with a view to improving repair quality by inte grating the Groups authorized workshops and safeguarding customerfriendly claims processing.
2006
1,093 4,627
5,720
155
329

70
2007
2007 January 1, 2007 Dr. Martin Winterkorn becomes Chairman of the Board of Management of Volkswagen Aktiengesellschaft. March 23, 2007 The 25 millionth Golf, a Golf Sportline 1.4 TSI, leaves the assembly line at the Wolfsburg plant. July 9, 2007 The Autostadt in Wolfsburg de livers its one millionth vehicle. August 2007 Series production of the Tiguan compact SUV characterized by versatility, highquality craftsmanship and technical innovations such as the electro mechanical steering system begins in Wolfsburg. October 5 - 7, 2007 International VW Bus Meeting in Hanover to celebrate 60 Years of the Bulli. November 9, 2007 The 15 millionth Passat to be built worldwide leaves the assembly line at the Emden plant. December 5, 2007 Volkswagen unveils the New Small Family, presenting three versions of the up! concept car at the Bologna Motor Show.
1,030 5,162
6,192
154
329

71
2008 March 3, 2008 Volkswagen increases its capital interest in Scania to 37.73 percent and its share of the voting rights to 68.60 percent. The Swedish truck manufacturer founded in 1891 is integrated in the Group as the ninth brand. April 18, 2008 Shanghai Volkswagen opens its fourth production plant with an annual capacity of 60,000 vehicles in Nanjing. August 16, 2008 Bugatti presents the Veyron 16.4 Grand Sport, a super sports roadster. September 2008 Volkswagen presents the sixth generation of the Golf. October 30, 2008 By setting up a subsidiary in China, Lamborghini strengthens its commitment to developing strategic growth markets. December 15, 2008 Volkswagen sells its heavy truck business in Brazil to MAN Aktiengesellschaft. December 16, 2008 koda opens a new Technology Center in Mlad Boleslav, thus expanding its competence in passenger car development.
2008
1,013 5,259
6,272
179
370

72
2009
2009 January 18, 2009 Volkswagen writes motorsport history with the Race Touareg: a double victory for the brand and the first win by a diesel in the automobile category at the Dakar Rally across Argentina and Chile. March 31, 2009 The new plant with an annual production capacity of up to 110,000 vehicles opens in the Indian city of Pune. May 11, 2009 Press presentation of the new Polo: the new model is in a class of its own when it comes to quality, workmanship, safety and efficiency. So it is hardly surprising that the vehicle wins many awards, including Car of the Year 2010. May 23, 2009 VfL Wolfsburg soccer club becomes German champion for the very first time: the success of this particular brand ambassa dor delights fans both far and near. September 15, 2009 Ultrastreamlined, ultralight and ultrasafe: Volkswagen presents its automotive update on the future with the near production prototype of the sensational 1liter car, the L1, at the Frankfurt Motor Show.
1,288 5,022
6,310
194
367

73
October 20, 2009 At an inauguration ceremony attended by Russias Prime Minister Putin, the production plant in Kaluga, Russia, designed for an annual capacity of up to 150,000 units which began vehicle assembly in November 2007 starts full production with its own body shop, paint shop and assembly lines. October 29, 2009 The Group Board of Manage ment, the International Metal workers Federation and Volkswagen employee represen tatives agree binding minimum standards regarding inhouse participation rights for demo cratically elected labour repre sentatives in the Charter on Labour Relations. December 7, 2009 Volkswagen Aktiengesellschaft takes a 49.9 percent participation in Dr.Ing. h.c. F. Porsche AG, a milestone on the path towards an integrated automotive group. December 9, 2009 A crossshareholding and a longterm strategic partnership are agreed with Suzuki Motor Corporation, the Japanese minicar manufacturer.
74
2010
2010 February 27, 2010 Start of the Think Blue. image and marketing campaign, which is an expression of responsible corporate behavior to achieve efficient and sustainable mobility for everyone. March 2, 2010 Volkswagen enters the pickup segment with the debut of the European version of the Amarok at the Geneva Motor Show. The American version unveiled in Argentina a month earlier aims to score in the classic pickup regions with emission levels that are lower than those of other pickups. April 14, 2010 The issue of 65 million preferred bearer shares increases the share capital of Volkswagen Aktiengesellschaft by a nominal 166.2 million. The worlds largest capital increase in the automotive sector raised by a public offering generates net proceeds of approximately 4.1 billion.
1,059 6,219
7,278
210
389

75
May 3, 2010 The Golf blueemotion concept car, an allelectric version of the most successful Volkswagen model, is presented as part of the National Platform for Electric Mobility initiated by German Chancellor Angela Merkel. May 11, 2010 Production of the 7speed dual clutch transmission (DSG) begins at Volkswagen Automatic Transmission Co. in Dalian, China. In the first phase, the plant will produce 300,000 units per year and the capacity will be doubled in the medium term. Some 6 billion is being invested in Chinese production plants such as the new plants in Foshan, southern China, and Yizhen, eastern China, for the period up to 2012. July 20, 2010 The new, generously redimen sioned Jetta debuts at the inter national driving presentation in San Francisco as a sporty, avant garde and yet fuelefficient sedan German engineering at its best.
August 9, 2010 The Volkswagen Group acquires a 90.1 percent stake in Italdesign Giugiaro S.p.A, Turin, Italy, having already made an announcement on May 25, 2010, that the famous design company is to be integrated in the Group. Italdesigns develop ment center, whose order books are well filled, takes on numerous tasks in connection with the Volkswagen Groups ongoing model initiative. September 30, 2010 The seventh generation of the Passat makes its world premiere in Paris. The sedan and the station wagon highlight the quality and precision of the Volkswagen model series with their pure lines, clearly structured surfaces and dynamic proportions coupled with top class features. December 21, 2010 As part of its 2018 growth strategy, Volkswagen signs an agreement with DRB Hicom in Kuala Lumpur concerning local vehicle assembly with a view to developing the Malaysian auto motive market. It is planned to build the Passat in Pekan from the end of 2011; in a second expansion phase, the Volks wagen Jetta and Passat are to be manufactured locally at a full scale production plant from the end of 2012.
76
TH E MODE L RA NGE OF TH E VOL KSWAG EN G ROU P
V O L K S W A G E N ( www.volkswagen.com)
Fox
New Fox (South America)
Spacefox (South America)
Crossfox (South America)
Polo
Polo Sedan (Russia)
Polo BlueMotion
Polo GTI
December 31, 2010
77
CrossPolo
Polo Vivo (South Africa)
Polo Vivo Sedan (South Africa)
Polo Jinqing (China)
Polo Jinqu (China)
Polo Cross (China)
Polo GT (South America)
Polo Sedan (South America)

December 31, 2010
78
Gol G4 (South America)
Gol (South America)
Voyage (South America)
Gol Rallye (South America)
Golf
Golf GTD
Golf GTI
Golf Plus
December 31, 2010
79
Golf BlueMotion
Golf BiFuel (LPG)
Golf Plus BiFuel (LPG)
Golf R
Golf Estate
Golf Estate BlueMotion
Golf A4 (South America)
Parati (South America)

December 31, 2010
80
New Beetle
New Beetle Cabriolet
Jetta (North America)
Jetta A2 (China)
Sagitar (China)
Eos
Scirocco
Scirocco R
December 31, 2010
81
Passat
Passat Estate
Passat CC
Passat EcoFuel
Passat Lingyu (China)
Lavida (China)
Santana (China)
Santana 3000 Vista (China)

December 31, 2010
82
Touran
CrossTouran
Touran EcoFuel
Sharan
Routan (North America)
Phaeton
Phaeton LWB
Tiguan
December 31, 2010
83
Tiguan LWB (China)
Touareg
Touareg Hybrid
December 31, 2010
84
A U D I ( www.audi.com)
A1
A3
A3 Sportback
A3 Cabriolet
S3
S3 Sportback
A4
A4 Avant
December 31, 2010
85
A4 allroad quattro
A4 L (China)
S4
S4 Avant
A5 Coup
A5 Sportback
A5 Cabriolet
S5 Coup
December 31, 2010
86
S5 Sportback
S5 Cabriolet
RS5 Coup
A6
A6 Avant
A6 allroad quattro
A6 L (China)
A7 Sportback
December 31, 2010
87
A8
A8 L
A8 L W12
Q5
Q7
Q7 V12 TDI
R8 4.2 FSI quattro
R8 Spyder 4.2 FSI quattro

December 31, 2010
88
R8 5.2 FSI quattro
R8 Spyder 5.2 FSI quattro
TT Coup
TT Roadster
TTS Coup
TTS Roadster
TT RS Coup
TT RS Roadster
December 31, 2010
89
S E AT ( www.seat.com)
Ibiza
Ibiza SC
Ibiza ST
Ibiza SC Bocanegra
Ibiza FR
Ibiza Cupra
Ibiza ECOMOTIVE
Len
December 31, 2010
90
Len FR
Len Cupra
Len Cupra R
Len ECOMOTIVE
Altea
Altea ECOMOTIVE
Altea XL
Altea XL ECOMOTIVE
December 31, 2010
91
Altea Freetrack
Exeo
Exeo ST
Alhambra
Alhambra ECOMOTIVE
December 31, 2010
92
K O D A ( www.skodaauto.com)
Fabia
Fabia Scout
Fabia RS
Fabia GreenLine
Fabia Combi
Fabia Combi Scout
Fabia Combi RS
Fabia Combi GreenLine

December 31, 2010
93
Octavia
Octavia RS
Octavia GreenLine
Octavia LPG
Octavia Tour
Octavia Combi Tour
Octavia Combi
Octavia Combi RS
December 31, 2010
94
Octavia Scout
Octavia Combi GreenLine
Octavia Combi LPG
Superb
Superb GreenLine
Superb Combi
Superb Combi GreenLine
Roomster
December 31, 2010
95
Roomster Scout
Roomster GreenLine
Praktik
Yeti
Yeti GreenLine
December 31, 2010
96
V O L K S W A G E N C O M M E R C I A L V E H I C L E S ( www.vwn.de)
Caddy
Caddy Panel Van
Caddy Kombi
Caddy Tramper
Caddy EcoFuel
Caddy Maxi
Caddy Maxi Panel Van
Caddy Maxi Kombi

December 31, 2010
97
Caddy Maxi Tramper
Saveiro (South America)
Saveiro Cross (South America)
Amarok Double Cab
California
Multivan
Multivan PanAmericana
Caravelle
December 31, 2010
98
Transporter Panel Van
Transporter Shuttle
Transporter Dropside
Transporter Double Cab
Rockton
T2 Kombi (South America)
Crafter Panel Van
Crafter Kombi
December 31, 2010
99
Crafter Dropside
Crafter Double Cab Dropside
Crafter Chassis
Crafter Chassis Double Cab
December 31, 2010
100 TH E MODE L RA NGE OF TH E VOL KSWAG EN G ROU P
B E N T L E Y ( www.bentleymotors.com)
Bentley Continental Flying Spur
Bentley Continental Flying Spur Speed
Bentley Continental GT
Bentley Continental GTC
Bentley Continental GTC Speed
Bentley Continental SuperSports
Bentley Continental SuperSports Convertible
Bentley Mulsanne
December 31, 2010
101
B U G AT T I ( www.bugatti.com)
Bugatti Veyron 16.4
Bugatti Veyron 16.4 Grand Sport
Bugatti Veyron 16.4 Super Sport
December 31, 2010
102 TH E MODE L RA NGE OF TH E VOL KSWAG EN G ROU P
L A M B O R G H I N I ( www.lamborghini.com)
Gallardo LP 560-4 Coup W2
Gallardo LP 560-4 Coup W4
Gallardo LP 560-4 Spyder
Gallardo LP 560-4 Superleggera
Gallardo LP 570-4 Spyder Performante
Murcilago LP 640 Coup
Murcilago LP 640 Roadster

December 31, 2010
103
S C A N I A * (www.scania.com)
Long-haulage trucks
Construction trucks
V8 truck range
Distribution trucks
Special-purpose trucks
Coaches
Intercity buses
City buses
December 31, 2010
* The Scania products on this page represent different segments. There is an abundance of different customer specifications for each segment.
Volkswagen Aktiengesellschaft
Konzern Kommunikation Brieffach 1972 38436 Wolfsburg 172.802.463.20
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Experience D[r]iversity.

1 1 2 4 5 6 8 10 12 14 16 16 18 22 23 25 26 33 33 34 36 40 42 42 43 43 44 45 46 47 48 49 50 51 52 54 76 76 84 89 92 96 100 101 102 103

Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement

Prof. Dr. rer. pol. Jochem Heizmann Commercial Vehicles

Christian Klingler Sales and Marketing

Dr.-Ing. E. h. Michael Macht Production

Hans Dieter Ptsch Finance and Controlling

Rupert Stadler Chairman of the Board of Management of AUDI AG

December 31, 2010

Hon.-Prof. Dr. techn. h.c. Dipl.-Ing. ETH Chairman Ferdinand K. Pich

Chairman of the General Works Council of AUDI AG Bernd Osterloh

First Chairman of IG Metall

Vice Chairman of Quatar Holding Jrg Bode

Minister of Economic Affairs, Labor of Lower Saxony

and Transport for the Federal State

Dr. rer. comm. Wolfgang Porsche

Chairman of the Board of Manage Association (VMA) Jrgen Stumpf

ment of Volkswagen Management

Deputy Chairman of the General and Group Works Councils of Volkswagen AG

the Volkswagen AG Emden plant David McAllister

Chairman of the Works Council at

Chairman of the Works Council,

Federal State of Lower Saxony Hartmut Meine

Volkswagen Commercial Vehicles

Director of the Lower Saxony and SaxonyAnhalt Regional Office of IG Metall

December 31, 2010

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

Return on equity before tax

(Financial Services Division) 5

December 31, 2010

* 2008 and 2007 adjusted.

December 31, 2010

per preferred share

Preferred shares Annual high Annual low

Market capitalization at Dec. 31 Equity at Dec. 31 Ratio of market capitalization to equity

Price/cash flow ratio 5 ordinary share

Price development (excluding dividends) ordinary share preferred share

2010 295,046 170,143 2.20 2.26 2010 105.90 118.50 62.30

2007 291,337 105,238 1.80 1.86 2007 156.10 197.90 82.60

+ 72.9 2009 129.6 23.5 3.2 7

December 31, 2010

SHARE PRICE DEVELOPMENT FROM DEC. 2005 TO DEC. 2010

600 500 400 300 200 100 0

Index based on month-end prices: Dec. 31, 2005 = 100

Volkswagen preferred share DJ Euro STOXX 50 German Share Index (DAX)

Volkswagen ordinary share DJ Euro STOXX Automobile

December 31, 2010

December 31, 2010

Equity interest as % 49.29 100.00 100.00 100.00 100.00

December 31, 2010

PRODUCTION N ETWORK GERMANY

December 31, 2010

AUDI AG (46,620 employees;

PASSAT, PASSAT ESTATE, PASSAT CC

99 % owned by VOLKSWAGEN AG)

Volkswagen Sachsen GmbH

AUDI A3, AUDI A3 SPORTBACK, AUDI A4,

components: engine components

AUDI A4, AUDI A5 CABRIOLET,

A8, AUDI R8 COUP, AUDI R8 SPYDER

ALLROAD, AUDI A7 SPORTBACK, AUDI

AUDI A6, AUDI A6 AVANT, AUDI A6