Volkswagen Commercial Vehicles


Production of bestseller passes the ten million mark

In fiscal year 2009, Volkswagen Commercial Vehicles presented the latest generation of the popular Caravelle/Multivan and Transporter model series. The Brazilian heavy commercial vehicles business was sold to the MAN Group.

Volkswagen Commercial Vehicles (logo)

BUSINESS DEVELOPMENT

In fiscal year 2009, Volkswagen Commercial Vehicles celebrated a very special milestone when the ten-millionth vehicle from the popular Caravelle/Multivan and Transporter model series rolled off the production line in Hanover. Fittingly, 2009 also saw the launch of the latest generation of this evergreen model. Volkswagen Commercial Vehicles also generated attention with the presentation of the Amarok pick-up truck, which will initially be available in South America in 2010 and also in Europe at a later stage.

The Brazilian commercial vehicles business was sold to the MAN Group during the reporting period.

Multivan – Amarok (photo)

Left: Multivan

Right: Amarok

In the past fiscal year, a total of 362 thousand vehicles were delivered to customers, down 28% on the previous year. Sales declined in virtually all important markets.

At 275 thousand units, sales to the dealer organization in 2009 were 37.4% lower than in the previous year. Sales of the Caddy, which is available both as a commercial vehicle and as a passenger car (Caddy Life), fell to 129 thousand vehicles (–17.2%). A total of 140 thousand Caravelle/ Multivan and Transporter models were sold (–31.6%).

Volkswagen Commercial Vehicles produced 308 thousand vehicles in the past fiscal year, corresponding to a year-on-year decline of 34.4%. This does not include the production figures for Crafter models manufactured at the Daimler plants in Düsseldorf and Ludwigsfelde. The main production facility in Hanover manufactured a total of 96 (167) thousand units of the Caravelle/Multivan and Transporter models. Production figures at the Poznan plant in Poland fell to 137 (176) thousand vehicles.

As the Brazilian commercial vehicles business was sold in the first quarter of 2009, the sales figures for heavy commercial vehicles are only included for January and February.

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VOLKSWAGEN COMMERCIAL VEHICLES

 

 

 

 

 

 

2009

 

2008

 

%

Deliveries (thousand units)

 

362

 

502

 

–28.0

Vehicle sales

 

275

 

439

 

–37.4

Production

 

308

 

470

 

–34.4

Sales revenue (€ million)

 

5,294

 

9,607

 

–44.9

Operating profit

 

313

 

375

 

–16.5

as % of sales revenue

 

5.9

 

3.9

 

 

SALES REVENUE AND EARNINGS

At €5.3 billion, sales revenue for Volkswagen Commercial Vehicles in fiscal year 2009 was down 44.9% on the previous year due to volume-related factors. Operating profit for the reporting period was €313 million; this was €62 million lower than in the previous year. This figure includes the proceeds of €0.6 billion from the sale of the Brazilian commercial vehicles business. This is also the reason why the operating return on sales improved year-on-year from 3.9% to 5.9%.

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PRODUCTION

 

 

 

 

Vehicles

 

2009

 

2008

*

2009 only January and February.

Transporter

 

78,985

 

90,207

Caddy Kombi

 

78,488

 

77,642

Caravelle/Multivan, Kombi

 

56,073

 

123,630

Caddy

 

48,601

 

82,414

Saveiro

 

38,899

 

40,367

Trucks*

 

5,187

 

46,138

Omnibus*

 

1,872

 

9,889

Amarok

 

193

 

 

 

308,298

 

470,287

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