Report on Expected Developments

Slight recovery in the automotive markets

The global economy will slowly recover from recession in 2010. The Volkswagen Group sees the greatest potential in the emerging markets. New models and technologies will help the Group to leverage the opportunities available to it.

After presenting the significant risks to the Volkswagen Group’s operating activities in the previous chapter, in the following we will outline the expected future developments. The resulting opportunities and potential are continually incorporated into the Group’s plans so that they can be promptly leveraged. We believe that opportunities stem mainly from expansion into new markets, new and additional products, and technical innovations.

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