Brand Group Core announced operating results of 3.61 billion euros in the first half of 2026. This value is 4.5 percent higher than the same period last year; operating margin is reported as 4.9 percent. The scope is wider than the single Volkswagen brand.
The managements of Volkswagen, Škoda, SEAT and CUPRA and Volkswagen Commercial Vehicles work within the new Core Executive Committee, together with those responsible for finance, purchasing, production and technical development. The committee became operational at the beginning of July.
The company states that cost control and brand collaboration contributed to the results. The same statement also cites specific items regarding trade barriers, competitive pressure and the end of North American ID.4 production. The change in profitability should be read by considering these different effects together.
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