The Volkswagen Group is systematically pressing ahead with its realignment and will take important steps this year to ensure a successful future.
“2016 will be a year of transition for Volkswagen. Yet it will also be the year in which we accelerate the transformation and lay the foundations for a new, better VW,” said Matthias Müller, Chairman of the Board of Management at the presentation of the 2015 annual financial statements last week.
According to Müller, the automotive industry is on the cusp of the next big innovative leap and a radical transformation. “We are in a good starting position for this epochal transformation. And we have many strengths to throw into the mix,” stressed the CEO. According to him, the goal was to make the VW Group more efficient and faster, more entrepreneurial and courageous, more sustainable and technologically more progressive.
VW is now working on the further development of its strategy, to be presented mid-year. This will focus on the major fields of future importance such as digitalization, networking, e-mobility and new mobility services.
The Group also plans to open itself up more to new partnerships and strategic investments. “The era in which our sector kept itself apart from everything is now over, once and for all. Reservations, solo efforts, or even the illusion of knowing and doing everything better will not help us reach our goals,” said Müller.