Volkswagen Ag Unsp/Adr (VWAGY) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.672 -- 00:00:02.672 Good 00:00:03.499 -- 00:00:08.873 morning, everybody, and welcome to our annual media conference of the Volkswagen 00:00:08.873 -- 00:00:13.064 Group here out of Wolfsburg, and it's great to have you here today. 00:00:13.064 -- 00:00:18.610 And for those of you who are joining us online, welcome to you as well. 00:00:18.610 -- 00:00:23.779 Now we're here at Autostadt, which is a place that embodies like no other what our company 00:00:23.779 -- 00:00:28.868 stands for. Strong brands, iconic products, and a clear vision for the mobility 00:00:28.868 -- 00:00:32.010 of tomorrow. For 00:00:32.415 -- 00:00:34.839 the Volkswagen Group, 2025 00:00:34.839 -- 00:00:40.261 was a year of progress. We brought exciting products to the people. 00:00:40.261 -- 00:00:43.786 translated technology into real customer benefits. 00:00:43.786 -- 00:00:49.493 We streamlined our structures, reduced costs and further improved our governance. 00:00:49.493 -- 00:00:55.441 So strong brands and strong products. We're not only convincing our customers, 00:00:55.441 -- 00:01:00.788 but also the experts in the sense that we are winning prestigious awards. 00:01:00.788 -- 00:01:05.815 We're setting historic records. Now recently, for instance, with the golden 00:01:05.815 -- 00:01:10.177 steering wheel, and in 2025 00:01:12.663 -- 00:01:17.228 also we were named the world's most innovative automotive group. 00:01:17.228 -- 00:01:22.295 So, in short, the new strength of the Volkswagen Group was put 00:01:22.295 -- 00:01:28.591 on the road in an environment that is radically changing 00:01:28.591 -- 00:01:33.737 which places unprecedented challenges to our entire industry with increasing 00:01:33.737 -- 00:01:38.983 geopolitical tensions and trade policy barriers a...