Volkswagen sales down 8% in 2021 but profit up 451% | Autocar

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Volkswagen sales down 8% in 2021 but profit up 451% | Autocar
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Volkswagen sold 4.9 million vehicles in 2021 - that's 8% fewer vehicles than in 2020, but the German firm still increased sales revenue by 7% to €76.1 billion

The firm wouldn't share sales volume projections for 2022, citing the turbulence of the market from both the semiconductor shortage and other supply issues created by the Russian invasion of Ukraine.

However, Seitz said he expects the semiconductor shortage to significantly ease in the second half of the year. Sales board member Klaus Zellmer added: “The plan is ambitious and our order book is full - we would love to build as many cars as we can but given current supply shortages I’m not going to give you a number here. The production network is really volatile. Obviously we want to grow significantly versus our good sales figures in 2021.Volkswagen EV sales increase by 73%

Volkswagen sold 369,000 electrified vehicles last year, a rise of 73% on the year before. Some 106,000 were plug-in hybrids and 263,000 were fully electric, meaning sales of zero-emissions car doubled over 2021.

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