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Face the change

Shaping the
transformation
together.

Letter to our Shareholders

Each setback should above all encourage us to devote all our energy to bringing about the transformation at Volkswagen.

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Our key figures

Deliveries

In fiscal year 2017, the Volkswagen Group delivered 10.7 million vehicles to customers worldwide and achieved a new record.

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Deliveries 10.7 million

Employees

As of December 31, 2017, the Volkswagen Group, including the Chinese joint ventures, employed 642.3 thousand people. Therefore it is one of the world’s largest employers in the private sector.

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Employees 642.3 thousand

Sales revenue

In fiscal year 2017, the Volkswagen Group’s sales revenue increased by 6.2% year-on-year to €230.7 billion due to volume-related factors.

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Sales revenue 230.7 billion

The Magazine

“Face the change”

is the motto of the 2018 magazine. It is a twofold motto. On the one hand, it expresses our firm resolve to tackle change together. And on the other, it reminds us that good, genuine, sustainable change always comes from people, for people.

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Operating profit

In the reporting period, the Volkswagen Group generated an operating profit before special items of €17.0 billion; an increase of €2.4 billion compared to 2016.

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Operating profit 17.0 billion

Net liquidity

On December 31, 2017, the Automotive Division’s net liquidity was at a solid level of €22.4 billion.

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Net liquidity 22.4 billion