The Volkswagen group earned in spite of various problems: In the past year, twelve billion euros were left. The impact on the wallet of the VW heads.
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More E-cars of VW
The Wolfsburg-based Volkswagen group has to contend with many job sites: the impact of The diesel crisis is only one of them, but one of the biggest. In Germany, significant court cases are still pending, in addition, the group has decided not only a change of culture, but also a strategic change: 2050 – the target to de-carbonize the car, the CO2 footprint of the vehicle fleet should be reduced until then to Zero. This also relates to the production of some models: for example, the new electric car ID, go to the end of 2019 in series, the climate should be made neutral.
This transition towards electric mobility, the group is pushing for now: As Volkswagen announced on Tuesday at the presentation of the annual report, wants to build within ten years of the 22 million battery-driven vehicles on the specially developed electrical platform – seven million more than previously planned. More electric models of the tapes to reels: Not 50, but 70. With this Offensive, the group wants to leave the diesel crisis definitively behind and the world market leader for electrically powered cars.
VW-in-chief Herbert Diess at the presentation of the annual report in Wolfsburg
Investment and penalty payments
The costs: The group takes over the next five years, more than 30 billion euros in the Hand. Add to that the costs of digitisation, new mobility services and Autonomous Driving, adds up to 44 billion euros. And, although the group has had to invest in the past financial year, a further 3.2 billion euros in the past, that is to say: the further purification of the diesel scandal. Thus, the costs climb to a total of € 29 billion.
The 12.1 billion Euro profit are after tax, have consolidated in the past year, six percent more than the year before. “We have beaten us, despite the strong against the wind, neat, and a successful year,” said group chief Herbert Diess in Wolfsburg. Globally 10.8 million vehicles were delivered, a new record. Also, sales increased to over six billion euros on 235,8 billion.
Pressure in the boiler
But VW would be VW, if in these Figures, everything would be sunshine and roses. Because of the radical swing to electro-mobility also means less jobs, because in the construction of E-cars is obtained simply less work. By 2020, over 14,000 Set to be abolished has already been agreed with the trade unions. Now, apparently, will save even more; during the renovation of the plants in Emden and Hannover to electric sites, a further 7,000 Jobs will be eliminated, and again between 5000 and 7000 in the administration.
The powerful works Council chief Bernd Osterloh accused the Management of severe errors in the conversion to the new Exhaust test system WLTP – according to media, the group’s cost reports in the last year to 3.6 billion euros. VW chief Diess disagreed and estimated the cost of one billion euros.
And as all this is not enough, was co-owner Wolfgang Porsche had poured Oil on the fire, and the unions made responsible for “rigidities” in VW and Audi. Porsche, the speaker of the owners ‘ families, had said last week at the Geneva auto salon, it was, the “unwieldy structures” to break up. And in the direction of the works Council: “the representatives of The employees have been known to have a large network, and we need to look at how you can leave.”
Hope: vehicles in the new electric series ID
8.5 million for the chief
Osterloh hit back then: The WLTP Problem to delivery of the larger cases out in Wolfsburg there were problems with the introduction of the new Volkswagen Golf VIII, in Zwickau, in the preparation of the series production of the ID. “All Management topics that have nothing to do with the workforce”, as quoted by the Süddeutsche Zeitung, the works Council boss.
Head of the group, This was at least in the case of the submission of the annual report no doubt: there is in terms of profitability, a large pent-up demand, you’ll need the electric mobility fewer workers. “It is difficult to create the only turnover and retirement.”
Since it sounds for the potentially affected employees as a bad message that your group has a get-in-chief, was promoted a year ago from the head of the VW brand to the head of the group as a whole, a whopping salary increase From 5.2 million to nearly 8.5 million euros. As a small consolation compared to what the former VW CEO Martin Winterkorn earned, it is the little The came to a Record level of over 17 million euros. In the meantime, the group has not capped the amount of the Directors ‘ salaries but, more than ten million for the group chief.