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* He '''made his reputation by being tough on costs''', said Philippe Houchois, managing director at investment bank Jefferies Group. '''“He made a very good impression as CFO of the Volkswagen brand.”'''<ref>https://www.wsj.com/articles/new-volkswagen-cfo-tasked-with-boosting-efficiencies-11608074286</ref> | * He '''made his reputation by being tough on costs''', said Philippe Houchois, managing director at investment bank Jefferies Group. '''“He made a very good impression as CFO of the Volkswagen brand.”'''<ref>https://www.wsj.com/articles/new-volkswagen-cfo-tasked-with-boosting-efficiencies-11608074286</ref> | ||
===== Volkswagen Passenger Cars Results ===== | |||
{| class="wikitable" | |||
|+ | |||
!Key Items | |||
!2019 | |||
!Y/Y Growth | |||
!2018 | |||
!Y/Y Growth | |||
!2017 | |||
!Y/Y Growth | |||
!2016 | |||
!Y/Y Growth | |||
!2015 | |||
!Y/Y Growth | |||
!2014 | |||
!Y/Y Growth | |||
!2013 | |||
!Y/Y Growth | |||
!2012 | |||
!Y/Y Growth | |||
!2011 | |||
!Y/Y Growth | |||
!2010 | |||
|- | |||
|Operating profit | |||
|€3.8 billion<ref name=":9">https://uploads.vw-mms.de/system/production/files/cws/036/599/file/5baf368de9d8a23774dd8225fee27d3110c86c67/20200317_Speeches_2020_AMC_en_final.pdf?1683651323</ref> | |||
|17% | |||
|€3.2 billion<ref name=":9" /> | |||
|3% | |||
|€3.3 billion<ref>https://uploads.vw-mms.de/system/production/files/cws/036/916/file/4a27e97eb70038bb573dd00c58914bf2056899d0/Annual_Press_Conference_2019_Speeches_englisch.pdf?1684317623</ref> | |||
|74% | |||
|€1.9 billion<ref>https://www.annualreports.com/HostedData/AnnualReportArchive/v/OTC_VWAGY_2016.pdf</ref> | |||
| -10% | |||
|€2.1 billion<ref name=":10">https://www.annualreports.com/HostedData/AnnualReportArchive/v/OTC_VWAGY_2015.pdf</ref> | |||
| -16% | |||
|€2.5 billion<ref name=":10" /> | |||
| | |||
|€2.9 billion<ref name=":11">https://www.annualreports.com/HostedData/AnnualReportArchive/v/OTC_VWAGY_2013.pdf</ref> | |||
| -21% | |||
|€3.5 billion<ref name=":11" /> | |||
| -8% | |||
|€3.8 billion<ref name=":12">https://www.annualreports.com/HostedData/AnnualReportArchive/v/OTC_VWAGY_2011.pdf</ref> | |||
|73% | |||
|€2.2 billion<ref name=":12" /> | |||
|- | |||
|Operating margin before special items | |||
|4.3% | |||
| | |||
|3.8% | |||
| | |||
|4.2% | |||
| | |||
|1.8% | |||
| | |||
|2.0% | |||
| | |||
|2.5% | |||
| | |||
|2.9% | |||
| | |||
|3.5% | |||
| | |||
|4.0% | |||
| | |||
|2.7% | |||
|} | |||
==== Education ==== | ==== Education ==== |