Investor Presentaiton

VOLKSWAGEN GROUP CHINA Chinese Joint Ventures with strong financial performance in 20151) (January to December 2015 vs. 2014, in € million) FAW-Volkswagen Automotive Company (40%) - 5.5% 42,812 SAIC VOLKSWAGEN Automotive Company (50%) + 12.4% 26,018 SAIC VOLKSWAGEN Sales Company (30%) + 11.4% 26,956 30,035 40,462 -0.2% 4,714 4,705 + 55% 2,170 1,400 23,142 + 5.4% 3,376 3,558 + 54.2% 2,048 1,328 + 11.1% + 38.8% 404 449 103 143 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 Dividends received³) Sales revenue Sales revenue²) Post-tax profit Post-tax profit 1) Financial data on a 100% basis, Volkswagen Group equity interest in brackets; SAIC VOLKSWAGEN sales revenue is mostly generated from its business with SAIC VOLKSWAGEN, which sells passenger cars for SAIC VOLKSWAGEN. 2) Including sales revenue from sales of imported Audi models 3) Dividends received by the Volkswagen Group related to the previews year's local result of our joint ventures. Dividends received³) Sales revenue Post-tax profit Dividends received³) Volkswagen Group China - Balancing the "New Normal" Financials Investments Financial Services 33

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