Volkswagen Group Continues Focus On Qualitative Growth

Thursday, December 12, 2013

The Volkswagen Group will continue to focus on qualitative growth going forward, officials said. “With the best products, our global presence and a strong team, the Volkswagen Group has everything it needs to master the tasks that lie ahead,” Prof. Dr. Martin Winterkorn, chairman of the Board of Management of Volkswagen Aktiengesellschaft, said in his speech to 18,000 employees at Thursday’s works meeting held at Volkswagen’s Wolfsburg plant.

“For us, it’s not just about unit volumes. We are aiming for qualitative growth that brings benefits to all: customers and investors, our employees, the environment and society. We are very firmly on course for that,” Mr. Winterkorn said. To lay the foundations for this growth, the Volkswagen Group will be investing a total of €84.2 billion over the next five years in new models, environmentally friendly technologies and plants. “Volkswagen is stepping out into the future with courage and determination,” Mr. Winterkorn continued.

“Developments on some markets will remain challenging and the competitive pressure will persist in 2014. That is why we are making the Volkswagen brand and our entire Group even more robust and competitive,” Mr. Winterkorn added, and went on to say this included systematic cost discipline and boosting the already high ability to innovate, for example in alternative drivetrains. “We are keeping our company on a steady course even in difficult conditions.”

In his speech Mr. Winterkorn expressly thanked employees for their commitment over the past 12  months. “Thank you for your strong performance. We know we can count on your know-how and your passion as Volkswagen heads for the top."

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