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.
UPDATED 2024 KIA PICANTO Drive review video.
In this quick drive review video, I get behind the wheel of the new 2024 face-lifted Kia Picanto GT-Line. The Picanto GT-Line price starts at just over £16,000. Check out my drive review below. [...]
PORSCHE 911 GT3 CLUB SPORT. Used car auction watch.
This Porsche 911 GT3 Gen II Club Sport will be at the Historics Auctioneers Windsorview Lakes auction. Registered in 2003, this Arctic Silver 3.6 litre, 6 speed manual gearbox track car for the road [...]
KIA EV6 GT Quick video drive review.
Check out below my latest drive video in the new Kia EV6 GT Performance.
1987 FORD ESCORT XR3i. Used car auction watch.
I do use affiliate links. If you purchase an item, via a link on the blog, I will receive a small percentage from the sale. Please do not let this put you off from [...]
HAPPY BIRTHDAY FIAT 500. Car news
The Fiat 500 is celebrating its 67th birthday. The original Fiat 500 was designed by Danta Giacosa and made its debut on the 4th of July 1957. Since its debut, more than 7.5 million [...]
UK NEW CAR MARKET BREAKS THE MILLION NEW CAR REGISTRATION. Short new car news.
The UK market breaks the million new car registrations mark at the half-year point. This is the first time it has happened since 2019. In June 2024, the new car market grew only 1.1%, [...]
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