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. 

NEW MG CYBERSTER UPDATE. Short new car news.

April 26th, 2024|0 Comments

MG has announced that the price for its all-new and all-electric convertible Cyberster will start from £54,995. It is available to order today with UK deliveries around August this year. The entry model Trophy [...]

LAMBORGHINI URUS SE PLUG-IN HYBRID. Short new car news

April 25th, 2024|0 Comments

Lamborghini unveiled its PHEV (Plug-in Hybrid Electric Vehicle) version of the Urus. Power comes from a 4.0 litre V8 twin-turbo combustion engine with an electric powertrain. Combined power is around 800 hp with 950 [...]

NEW VAUXHALL GRANDLAND. Short new car news.

April 25th, 2024|0 Comments

The next generation Vauxhall Grandland will be available with electric, plug-in hybrid, and hybrid powertrains. Compared to its predecessor, the new Grandland is 173mm longer, 19mm taller, and 64mm wider. The rear boot volume [...]

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 [...]