Future organizational structure of the Group
As part of the changes in the management structure of the Volkswagen Group, the Volkswagen Commercial Vehicles brand will be allocated to the Passenger Cars segment from January 1, 2019 and the segment will be renamed Passenger Cars and Light Commercial Vehicles. Consequently, the Passenger Cars Business Area will then include the Volkswagen Commercial Vehicles brand in the financial reporting. The Commercial Vehicles segment will continue to comprise the Commercial Vehicles Business Area, but from January 1, 2019, will exclude the Volkswagen Commercial Vehicles brand. The Automotive Division will remain unchanged.
The following tables show the forecast-related effects that the reclassification of the Volkswagen Commercial Vehicles brand will have on the Passenger Cars and Commercial Vehicles Business Areas.
(XLS:) Download |
ADJUSTMENT OF THE PASSENGER CARS BUSINESS AREA |
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€ million |
Actual 2018 |
Actual 2018 after adjustments1 |
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|
||||||
|
|
|
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Sales revenue |
160,802 |
172,678 |
||||
Operating result |
9,220 |
10,000 |
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Operating return on sales (%) |
5.7 |
5.8 |
(XLS:) Download |
ADJUSTMENT OF THE COMMERCIAL VEHICLES BUSINESS AREA |
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---|---|---|---|---|---|---|
€ million |
Actual 2018 |
Actual 2018 after adjustments1 |
||||
|
||||||
|
|
|
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Sales revenue |
36,656 |
24,781 |
||||
Operating result |
1,971 |
1,191 |
||||
Operating return on sales (%) |
5.4 |
4.8 |