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Volkswagen Group expands presence in Russia with agreements with GAZ

Green Car Congress

The Volkswagen Group and GAZ Group have extended their manufacturing agreement for Volkswagen and ŠKODA models in Russia until 2025. There is to be an additional, second step in the cooperation between the parties with a view to developing the model range and growing product sales volumes. engines from the Salzgitter plant in Germany.

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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

Sales revenue in fiscal year 2016 rose by €4.0 billion) was substantially higher than the prior-year figure (up 14%); the operating return on sales rose to 6.7% (6.0%). billion) of the special items arising from known risks in the reporting period was attributable to the diesel issue, especially for hedging of legal risks.

2016 150