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Some of the innovations assessed by CAM at a glance: Range Volkswagen ID.5: range optimisation up to 556 km in accordance with WLTP Consumption Volkswagen ID.7: lowest consumption in the segment Charging capacity Volkswagen ID.3: maximum charging capacity of the ID.3 increased from 135 kW to 170 kW Electric ecosystem Volkswagen ID. Buzz: preconditioning of the battery, a first for this segment, which starts automatically when a fast charging station is entered as the navigation destinationVolkswagen ID. Buzz: integrated Plug & Charge function Other Volkswagen ID.7: AP550 permanent magnet electric motor with 210 kW output and 550 Nm torque consumes 50 per cent less power than 150 kW drive motorVolkswagen ID.7: market launch as new product in the upper mid-sized segment CAM – Automotive mobility expertise.

The Brand Group Core will further strengthen its market position by debuting further attractive new models such as the all-electric Volkswagen ID.7 Tourer, the long-wheelbase ID. Buzz and the CUPRA Tavascan. The Brand Group Core’s operating return in Q1/24 was within the full-year target corridor of 6-7%. With a clear focus on further reducing complexity, shortening development cycles and systematically tapping into synergy potentials, the Brand Group Core is on track to meet its target of an operating return of 8% by 2026.

Strong performance drive: with the new ID. Buzz GTX Volkswagen presents its most powerful series-production Bulli of all timeAll-wheel drive as standard: one electric drive motor on each the front and rear axles combine to form the intelligently controlled 4MOTION all-wheel drive systemTwo wheelbases, two new batteries: the ID. Buzz GTX with normal wheelbase and the ID. Buzz GTX with long wheelbase get more powerful batteriesHigh pulling power: with a maximum trailer weight of up to 1,800 kg and all-wheel drive, the ID. Buzz GTX is ideal as an electric towing vehicle for bike, boat or horse trailers Volkswagen presents the new ID. Buzz GTX: The electric Bulli equipped with a powerful performance drive system will in future be available with two wheelbases, two battery sizes and a choice of 5-, 6- or 7-seater. It also comes with standard 4MOTION all-wheel drive for optimum pulling power and traction in every driving situation. In addition, both GTX models share an individualized design. Pre-sales of the ID. Buzz GTX will start in the summer. This year, Volkswagen is once again expanding its range of sporty GTX models alongside the ID.3, ID.4, ID.5 and ID. 7 Tourer . Electric all-wheel drive: The new ID. Buzz GTX is equipped with two electric motors – both together form all-wheel drive. The top speed of the GTX models is electronically limited to 160 km/h. The electric motors are supplied with energy by batteries in two sizes, which can be recharged from 10 to 80 percent in 26 minutes at DC fast charging stations with up to 185 kW(((Maximum possible charging capacity.

Volkswagen Commercial Vehicles (VWN) also systematically continued its positive business development in the third quarter of the current year. Unit sales grew by 32.0 percent compared with the same prior-year period to 312,600 vehicles (prior year: 236,800). All world regions where VWN is active recorded year-on-year growth. Deliveries of the all-electric ID. Buzz grew steadily as the year progressed, and as a result VWN reported a BEV share of 6.5 percent in the third quarter of 2023. Sales revenue grew by 40.0 percent to 11.10 billion euros (previous year: 7.96 billion euros) due to positive delivery and unit sales figures. Operating profit before special items increased to 672 million euros as a result of continued systematic cost and efficiency efforts, and was therefore 88.4 percent higher than the comparable period in 2022 (356 million euros). As a result, the return on sales climbed further to 6.0 percent, a noticeable increase on the figure for the previous year (4.5 percent).

The company wants to grow by 40 percent in Brazil by 2027Product offensive in the region started with 15 new models Focus on electric and flex-fuel vehiclesVolkswagen ID.4 and ID. Buzz to be launched in Brazil before the end of 2023Thomas Schäfer, CEO Volkswagen Brand, on VW’s 70th anniversary in Brazil: “As a fast-growing car market, South America is of strategic importance to Volkswagen. We have already significantly improved profitability and we continue to work on cost position.” The Volkswagen brand aims to make significant gains in South America with a major product offensive. By 2027, the company plans to grow by 40 percent in Brazil, the region’s largest market. For example, 15 new electric and flex-fuel vehicle models are being launched by 2025 alone. Hybrid vehicles will also follow in the medium term. Before the end of 2023, the company is bringing its first fully electric models to Brazil – the Volkswagen ID.4. and the ID. Buzz. In total, the South American automotive market is expected to grow 11 percent a year until 2030 – making it one of the fastest growing markets in the world. The company is thereby systematically implementing its strategy to rapidly expand its business in growth markets and to intensify sustainable mobility.

Delivery of the first ID. Buzz vehicles in America will start in 2024. Almost parallel to the market launch in North America, the ID. Buzz with long wheelbase will also be available in Europe. Like the Multivan and the Bulli T6.1, all ID. Buzz vehicles will be produced at the main plant of Volkswagen Commercial Vehicles in Hanover. This is one of the most state-of-the-art automotive plants in the world and the home of the VW Bus family. The world premiere of the ID. Buzz with long wheelbase can be followed via this link at 6:30 pm (CEST): https://www.youtube.com/live/EETqf24cDfg?feature=share

Two city cars with a futuristic look will be attributed to the main heroes: Cat Noir with the ID.4 and Ladybug - a modern character who stands for female empowerment - with a concept car electric Beetle. The luxury ID. Vizzon will be associated to the successful stylist Gabriel Agreste, and the iconic Volkswagen ID. Buzz will be Tom’s bakery delivery vehicle. Emotional storytelling important for shaping the love brand Volkswagen is synonymous with being tongue-in-cheek and using humor in its consumer communication. At the same time, advertising, and marketing as well as customer behavior arechanging rapidly. The current collaboration is an important element of the realignment of the brand and marketing activities and the latest in several similar partnerships.

Already by 2026, Volkswagen will offer the widest electric range of all manufacturers in Europe – from the entry-level model for less than 25,000 euros, to a new electric compact SUV, and up to the ID.7 as the flagship electric model. The ID.7 will be the next global electric model. In China, the ID.7 will round off the top of the range, alongside the ID.3, ID.4 and ID.6 electric product lines offered there. There will also be three new ID. models on the North American market in future. Sales of the ID. Buzz in the USA and Canada will already start in 2023, and the ID.7 is scheduled to follow in 2024. Together with the ID.4 produced in Chattanooga, the ID.7 and ID. Buzz will accelerate the electric offensive in America. By 2027, Volkswagen will invest more than seven billion euros in the electric and digital transformation of the Volkswagen brand in North America. Worldwide production now starting. The ID.7 will be produced in the German plant in Emden for the European and North American markets. Volkswagen has invested more than one billion euros in the transformation of the North German plant into an electric mobility production site. In China, the counterparts of the ID.7 are to be produced locally.