display
Hanover (dpa) - The brand of light commercial vehicles in the VW Group (VWN) wants to shake off the at best mixed Corona year 2020 and hopes for the pull of various new projects.
CEO Carsten Intra presented details of the balance sheet today.
In addition, it provides information about the “strategic goals”, as the company announced in advance.
VWN, as one of three offshoots in the group, did not make a profit in the past year - the heavy commercial vehicles from MAN and the Spanish subsidiary Seat fared the same.
In the end, there was an operating minus of 454 million euros, after plus 510 million euros in 2019. Sales also fell from 11.5 billion to 9.4 billion euros due to lower demand during the pandemic, while deliveries fell by almost a fifth 372,000 cars.
The main plant of the commercial vehicle division in Hanover will gradually be converted for the construction of e-vehicles over the next few years, starting with the ID.Buzz electric VW bus from 2022.
A central project at the site will later be a luxury-class model with the working title D-SUV, which is being developed under the direction of Audi.
display
For this “Tesla Fighter”, which will also be used at Porsche and Bentley, the company in Lower Saxony will soon be bringing together numerous developers.
The higher-level Artemis project also includes its own software system.
VWN also works with the US manufacturer Ford and is responsible for research on autonomous driving within the VW Group.
© dpa-infocom, dpa: 210324-99-955884 / 2