Volkswagen AG 2024 AR2
The report highlights Volkswagen Group's strategic decisions and resilience in a challenging global environment during fiscal year 2024. The company delivered approximately 9.0 million vehicles to customers, matching the previous year's level, with significant growth in North and South America offsetting declines in China. Sales revenue reached –324.7 billion, while the operating result stood at –19.1 billion, impacted by restructuring costs. Volkswagen advanced its e-mobility offensive by launching several new all-electric models, including the Audi Q6 e-tron and Porsche Macan, and established a software joint venture with Rivian. Additionally, the company introduced its new 'regenerate+' sustainability strategy, aiming for net carbon-neutral production sites by 2040.
Company: Volkswagen AG
Sector: Manufacturing
Country: Germany
Year: 2024
Type: AR2
Pages: 677
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Volkswagen AG
Annual Report
The report highlights Volkswagen Group's strategic decisions and resilience in a challenging global environment during fiscal year 2024. The company delivered approximately 9.0 million vehicles to customers, matching the previous year's level, with significant growth in North and South America offsetting declines in China. Sales revenue reached –324.7 billion, while the operating result stood at –19.1 billion, impacted by restructuring costs. Volkswagen advanced its e-mobility offensive by launching several new all-electric models, including the Audi Q6 e-tron and Porsche Macan, and established a software joint venture with Rivian. Additionally, the company introduced its new 'regenerate+' sustainability strategy, aiming for net carbon-neutral production sites by 2040.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 11, 2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees