Volkswagen Group Mobility posts 36.9% surge in operating result

Volkswagen Group Mobility has continued its robust growth trajectory in the third quarter of 2025, achieving a significant increase in its operating result, new contracts, and total contract portfolio. The business division reported an operating result of €2.89 billion after nine months — a 36.9 percent increase compared to the same period last year — despite a still-challenging global economic environment.

New contracts rose by 3.9 percent to 7.82 million units, while the total contract portfolio expanded by 4.6 percent to reach 27.42 million units. The company also recorded substantial gains in margins, contributing to the strong operating performance.

A major highlight of the period was the sharp worldwide rise in new contracts for fully electric vehicles (BEVs), which almost doubled from 221,400 to 412,100 units, representing an 86.1 percent increase. This surge underscores the company’s progress in supporting the Volkswagen Group’s transition toward sustainable mobility solutions.

In non-European markets, Volkswagen Financial Services Overseas AG delivered a particularly strong performance, driven by positive developments in South America. The new insurance business in Mexico and an improved penetration rate in Brazil contributed significantly to growth.

“We have continued our growth trajectory in line with our MOBILITY2030 strategy in the third quarter of 2025 as well. Together with the Volkswagen Group brands, we are consistently developing our business model and continuing to see gains in our core business – both in the contract portfolio and in new contracts in Europe. Particularly worth singling out are the leasing, insurance, and services segments, which remain dynamic growth areas.”

“We remain very satisfied with the business performance in the markets served by Volkswagen Financial Services Overseas during the first nine months of 2025. Our penetration rate has already been able to increase by 3.5 percentage points compared to last year and our new contract volume is notably higher than the previous year and above budget – driven in particular by strong results in South America.”

Across all product categories, leasing, insurance, and services showed particularly strong momentum. Leasing contracts increased by 8.9 percent year-on-year, services by 8.2 percent, and insurance by 4.3 percent.

The company has confirmed its full-year outlook for 2025, expecting the operating result to finish “significantly above” the previous year’s level, reaffirming confidence in its ongoing strategic direction and profitability growth.