Volkswagen Group with solid performance in a demanding environment for the first half of 2024

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140


Vehicle sales

Sales revenue

Operating result

Operating margin

Thousand vehicles/€ million

2024

2023

2024

2023

2024

2023

2024

2023

Core brand group

2,494

2,450

69,051

68,764

3,462

3,773

5.0

5.5

Progressive brand group

539

655

30,939

34,169

1,982

3,417

6.4

10.0

Sport Luxury brand group1

152

171

17,695

18,892

2,904

3,653

16.4

19.3

CARIAD

426

329

-1,182

-1,088

Battery

0

0

-166

-181

TRATON Commercial Vehicles

161

168

22,738

22,331

2,050

1,798

9.0

8.1

MAN Energy Solutions

1,998

1,875

124

208

Equity-accounted companies in China2

1,265

1,352

Volkswagen Group Mobility

27,514

24,112

1,373

1,760

Other3

-269

-349

-11,561

-14,215

-495

-1,993

Volkswagen Group

4,341

4,448

158,800

156,257

10,052

11,347

6.3

7.3

1) Including Porsche Financial Services: sales revenue EUR 19,457 (20,431) million, operating result EUR 3,061 (3,852) million.
2) The sales revenue and operating result of the equity-accounted companies in China are not included in the consolidated figures; the share of the operating result generated by these companies amounted to EUR 801 (1,152) million.
3) In the operating result, mainly intragroup items recognized in profit or loss, in particular from the elimination of intercompany profits; the figure includes depreciation and amortization of identifiable assets as part of purchase price allocation, as well as companies not allocated to the brands.



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