Volkswagen AG - Productivity in plants is increasing more than expected

• Productivity improved by more than six percent compared to the previous year - target of an annual five percent increase over all plants exceeded

• In 2019, production will contribute a cost reduction of around 500 million euros with the production strategy TRANSFORM.TOGETHER. Between 2019 and 2023 a total of 2 billion euros will be contributed

• CO₂ emissions per vehicle produced will decrease by 22 percent between 2015 and 2019. By 2025, the emissions are to be cut by 50 percent

• Volkswagen board member for production Dr. Andreas Tostmann: “The figures demonstrate that our strategy is working. For the first time since 2013, we lowered the costs per vehicle in production.”

Full press release (ENG)