Report on Expected Developments

In 2026, the global economy is expected to grow at a similar pace to in the reporting year. Global demand for passenger cars will probably vary from region to region and will be on a level with the previous year.

In the following, we describe the expected development of the Volkswagen Group and the general framework for its business activities. Risks and opportunities that could represent a departure from the forecast trends are presented in the Report on Risks and Opportunities.

Our assumptions regarding external factors are based on current estimates by third-party institutions. These include economic research institutes, banks, international organizations and consulting firms.