Volkswagen Group honors its best suppliers

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– Group Award 2014: 18 top partners honored
– Winterkorn: “These award-winners are among the best in the world.”
– Group launches initiative for closer cooperation with key suppliers – “Volkswagen
  FAST – Future Automotive Supply Tracks”.

Volkswagen Group Award winners 2014The Volkswagen Group yesterday honored its best suppliers with the “Volkswagen Group Award 2014”. Prof. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, and Dr. Francisco Javier Garcia Sanz, Member of the Board of Management of Volkswagen AG with responsibility for Procurement, presented the awards to 18 of the Group’s top suppliers during a gala at the Leipzig Porsche plant attended by about 250 guests from 28 countries.

“Our Volkswagen Group Award is like a small automotive world championship. Our award winners are among the best in the world. Together with our suppliers, we are working on ground-breaking technologies and innovations of a sustained high quality,” said Winterkorn. Taking a look at the future, the Chairman of the Board of Management added: “The automobile industry is facing fundamental upheavals. We are not only taking up the challenges of the future but are also a motor for the mobility of the future. For this purpose, we are raising our partnership with suppliers to an entirely new level.”

Growing digitalization, increasing differentiation in customers’ wishes throughout the world and changing expectations for individual mobility pose entirely new challenges for the automobile industry. With its “Future Tracks” program, the Volkswagen Group is addressing the future issues of the industry and laying the foundation for a long-term strategy going beyond 2018. “Future Tracks” includes many essential elements for the continuation and further development of Strategy 2018.

Garcia Sanz thanked the suppliers for their outstanding performance in a spirit of partnership. “The successes of the Volkswagen Group are only possible with strong partners. We would like to thank you,” said Garcia. “In order to shape the future with our supplier network, we will be cooperating even more closely and at an even earlier stage with our most important partners on the strategic topics of globalization and innovation with our new initiative ‘Volkswagen FAST – Future Automotive Supply Tracks’. We will link our global plans even faster and implement further innovations together.”

The Volkswagen Group honors its best suppliers for their overall entrepreneurial performance with the Volkswagen Group Award. The award-winning companies excel in particular with regard to innovative capabilities, product quality, development expertise and project management. Volkswagen has honored its best suppliers with the Group Award since 2003.

This year, a total of 18 companies received the Volkswagen Group Award.