New Group strategy adopted: Volkswagen Group to become a world-leading provider of sustainable mobility • "TOGETHER – Strategy 2025" ushers in the biggest change process in the Company's history, with the focus on transforming the core business and tapping potential new revenue streams • Major electrification initiative planned: more than 30 new e-vehicles by 2025, annual unit sales target of two to three million • Battery technology, digitalization and autonomous driving to be developed into new Group competencies • Components business to be realigned • New mobility solutions business to be quickly expanded • Projected investments in future technologies in the double-digit billion range, financed through Group-wide efficiency improvements and portfolio optimization • Operating return on sales of 7 to 8 percent and return on capital employed in the Automotive Division of more than 15 percent by 2025 targeted • Increasing profitability and efficiency of the Volkswagen brand are key to achieving Group targets • CEO Matthias Müller: "The Volkswagen Group will be more focused, efficient, innovative, customer-driven and sustainable – and systematically geared to generating profitable growth." https://www.volkswagen-media-services.com/en/detailpage/-/detail/New-Group-strategy-adopted-Volkswagen-Group-to-become-a-world-leading-provider-of-sustainable-mobility/view/3681833/7a5bbec13158edd433c6630f5ac445da?p_p_auth=4zw6EJle ------------------ Further information regarding the Volkswagen Aktiengesellschaft can be found on the corporate website: http://www.volkswagenag.com and on Twitter: http://www.twitter.com/vwgroup_en
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Video will be out in Early October 2016, however would like to get VW's insight on things, if someone from your office can contact me via youtube. Cheers.