Volkswagen is summing up the results of 2019 and making plans for 2020. Next year, the company will launch 34 new models worldwide.
12 sports utility vehicles (SUVs) and 8 electric or hybrid cars will be among them.
Plans for the future
VW says “YES” to e-mobility:
- it invests €19 billion in future technologies through 2024, €11 billion alone for the EV development;
- the ID.3 hatchback, which the automaker unveiled in September 2019, will enter the market in summer 2020;
- the Volkswagen ID.Next, the first electric SUV of the brand, will join later;
- the brand strives to achieve a carbon-neutral balance by 2050;
- carbon dioxide emissions will be halved from production by 2025.
Results of 2019
The year of 2019 was fruitful for Volkwagen:
- this year it signed the digital transformation roadmap;
- it will expand the software expertise: the Car.Software organization will start working independently next month;
- by 2025, the in-house share of car software development and vehicle-related services is to rise from under 10% today to at least 60%;
- by the end of 2019, VW will achieve some €2.6 billion of €3 billion cost savings planned according to the pact for the future the company signed in 2016;
- VW’s operation results have been constantly improved, as well as the annual productivity figures;
- 2019 is the successful year for premieres: the Golf 8, ID.3, T-Cross, Teramont, T-Roc R, T-Roc Cabriolet and others.
The 2019 highlights are in the video: