Volkswagen: Difference between revisions

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Apparently, VFS has given a lower guidance compared to what was given by Volkswagen Group during its earnings call. "For the Financial Services Division, we forecast a strong increase in sales revenue compared with the prior year and an operating result in the range of € 3.5 billion." Volkswagen Group said in its report. That would be year-over-year growth of 9.4%<ref>https://amc.volkswagen-group.com/en/volkswagen-group-annual-media-conference-2023-15550<nowiki/>(page 233)</ref>. On the other hand, VFS has said that its 2023 operating result will be "much stronger lower than in the previous year", without giving specifics<ref>https://www.vwfs.com/en/investor-relations/volkswagen-financial-services-ag/annual-reports.html<nowiki/>(page 54)</ref>.
Apparently, VFS has given a lower guidance compared to what was given by Volkswagen Group during its earnings call. "For the Financial Services Division, we forecast a strong increase in sales revenue compared with the prior year and an operating result in the range of € 3.5 billion." Volkswagen Group said in its report. That would be year-over-year growth of 9.4%<ref>https://amc.volkswagen-group.com/en/volkswagen-group-annual-media-conference-2023-15550<nowiki/>(page 233)</ref>. On the other hand, VFS has said that its 2023 operating result will be "much stronger lower than in the previous year", without giving specifics<ref>https://www.vwfs.com/en/investor-relations/volkswagen-financial-services-ag/annual-reports.html<nowiki/>(page 54)</ref>.
=== SEAT ===
September 5, 2023: From 2023, there will be no more  newly produced SEAT vehicles, that's according to Thomas Schaefer, CEO of Volkswagen Passenger car. Cupra will continue as a fully electric brand from 2030. However, SEAT will continue as a mobility service provider<ref>https://www.elektroauto-news.net/news/volkswagen-gibt-seat-aus-bekannt</ref>.


=== TRATON ===
=== TRATON ===