Annual Report Example Essay

59919 Words Apr 4th, 2015 240 Pages
ANNUAL REPORT 2003

T R U ST I S A Q U E ST I O N O F Q U A L I TY, M O R E S O TO DAY T H A N EV E R B E F O R E . T H E S U C C E S S O F O U R B R A N D S S P E A K S F O R T H E T R U ST P LAC E D I N O U R P RO D U CT S , P RO D U CT S W H I C H A R E B A S E D O N A S I M P L E P R I N C I P L E T H AT I S T H E F O U N DAT I O N O F O U R E N T I R E C R E AT IV E P RO C E S S – A PA S S I O N F O R CA R S . A PA S S I O N W E WO U L D L I K E TO S H A R E W I T H YO U . > > > E AC H B R A N D I S A WO R L D O F I T S OW N .

4 06 10 12 14

Board of Management/Supervisory Board Report of the Supervisory Board The Board of Management Letter to our Shareholders Group values

Financial Communication 18 Volkswagen share 24
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Nevertheless, our products were able to hold their own and remain leaders in many markets.

research and development
Great innovative strength in design, technology and equipment features Our development work has been especially fruitful this year: new design elements, competition-beating components, an innovative gearbox – and of course the Golf V.

The Annual Report contains the consolidated financial statements of the Volkswagen Group, the management report of the Volkswagen Group and of Volkswagen AG, as well as additional information.

Environment/HR 72 Sustainability and environmental protection 76 Employees 82 84 96 106 110

Divisions Business lines and markets Volkswagen brand group Audi brand group Commercial Vehicles Financial Services

Additional Information 112 Scheduled Dates 2004 114 Index

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outlook
Looking to the future with new models Individuality is the key – in design and driving enjoyment. High safety standards, on the other hand, are essential in all models. Our investment is targeted at new models and new technologies.
66 ▼ 72 ▼ 76 ▼ 82 ▼

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employees
Well prepared >> Fit for the future with qualified and motivated employees >> Incentives reward performance – the Volkswagen way

82


business lines and markets
Volkswagen – an established multi-brand Group with a presence on many markets >> >> >> >> Volkswagen brand group Audi brand

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