In 2023, the Volkswagen Group, which consists of Audi, SEAT, Škoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, and Volkswagen Commercial Vehicles, posted €322.3 billion in sales revenue with an operating profit of €17.9 billion after tax. Deliveries increased by 12% to 9.24 million vehicles.

With inspiring products and a clear, strategic focus on implementation, we are looking confidently into the year 2024. Volkswagen Group is entering the long-distance race of transformation from a position of strength. At the same time, we are aware of our challenges and are tackling them consistently to leverage the enormous potential of Volkswagen Group. We are now preparing the Group for sustainable positive development. With our broad and constantly growing product portfolio, we can fulfil the wishes of all our customers globally like no other manufacturer. This flexibility is a real competitive advantage that will enable us to remain successful in the future.

Said Oliver Blume, CEO Volkswagen Group. 

THE ULTIMATE DRIVING MACHINE BMW M5. Used car auction watch.

April 18th, 2024|0 Comments

This BMW M5 (E39) Individual, will be at next month's Historics Auctioneers auction at Farnborough International.Apparently, there are only seven cars in the UK in this Velvet Blue metallic colour and this car is [...]

ALFA ROMEO NAME CHANGE FOR ITS NEW SUV. Short new car news.

April 15th, 2024|0 Comments

Alfa Romeo has changed the name of its new compact urban SUV after an Italian government official declared that the use of the name 'Milano' is banned by law. The name 'Milano' was chosen [...]

MONTPELLIER MOTORCARS CAR STORAGE SOLUTIONS.

April 15th, 2024|0 Comments

Montpellier Motorcars discreet, fully insured, and secure car storage is now open, located just minutes from the centre of Cheltenham in the North Cotswolds. They offer a comprehensive choice of two levels of car [...]

NEW ALFA ROMEO MILANO. Short new car news.

April 11th, 2024|0 Comments

This is the new Alfa Romeo MILANO their urban crossover vehicle and smallest car in the range. Its length is 4.17m, width 1.78m and height 1.5m. Alfa Romeo claim that the new MILANO proportions [...]

UPDATED AUDI S3. Short new car news.

April 10th, 2024|0 Comments

Following the facelifted new Audi A3, Audi has released details on its new S3 model. Power has been increased by 23PS to 333PS with 420Nm of torque. 0 to 62 mph takes 4.7 seconds [...]

MARCH 2024 UK NEW CAR REGISTRATIONS UP 10.4%, Short new car news.

April 5th, 2024|0 Comments

Figures from the Society of Motor Manufacturers and Traders (SMMT) show that March new car registrations rose by 10.4%. These are the best March figures since 2019 and mark the 20th consecutive month of [...]