

Operating margins before special items grew to 8.1 percent in 2022, reflecting the Group’s continued pricing discipline and cost progress and was driven by a stronger model mix. Volkswagen has already announced the Group’s key figures for the past fiscal year and an outlook for 2022 on March 3, 2022.Īlthough overall delivery numbers declined 7 percent to 8.3 million vehicles in 2022, Volkswagen Group remains well-positioned for future growth. Strong financial basis for sustainable growth FY23 will be a decisive year for executing strategic goals and accelerating progress across the group.” We continued to strengthen our global presence by concentrating the production and development of our excellent products and technologies even more locally in the markets.
#Ag growth international software
In line with our Ten-Point Plan, we took important steps to execute our strategy, including new product strategies for our brands, the streamlining of our platforms and a revised software roadmap. BEVs accounted for a record 7 percent share of total deliveries – a significant milestone that we will build upon this year as our popular model range continues to grow. We made headway on executing our strategy, despite extreme headwinds. Oliver Blume, Volkswagen Group CEO, said: “FY22 was an important year for the Volkswagen Group. Significant new models arriving in 2023 will add further tailwind and improve the Group’s market position. The Group remains the BEV segment market leader in Europe and continues to grow in China. The Group’s BEV strategy continued to advance in 2022 and demonstrated the popularity of the latest model range, with robust performances across all regions. The results demonstrate that the Group has a strong financial basis on which to build in 2023, with strong margins and a very solid net liquidity in the automotive division.
#Ag growth international full
The Volkswagen Group posted solid full year results for 2022, despite global economic headwinds.

Our strong financial basis puts us in a position to continue investing in the electrification and digitalization of our company, even in a challenging economic environment.” Arno Antlitz, Volkswagen Group’s CFO & COO: “We aim to again generate robust returns in the current year.FY23 will be a decisive year for executing strategic goals and accelerating progress across the Group. Oliver Blume, Volkswagen Group’s CEO: “We have set clear and ambitious targets and took necessary decisions to streamline processes in FY22.Robust operating profit before special items of EUR 22.5 billion, up 13 percent compared with 2021, demonstrates strength of Volkswagen Group brands.Group is planning to invest EUR 180 billion between 2023 – 2027 in the most attractive profit pools and regions, with more than two-thirds allotted for electrification and digitalization.

2022 was a milestone year in North America, with electrification of Chattanooga plant and relaunch of the popular iconic Scout brand, leveraging region’s shift to e-mobility.Volkswagen Group remained BEV market leader in Europe and increased China deliveries by 68 percent in 2022, with strong demand for its highly competitive, unrivalled e-model range.BEV deliveries rose 26 percent in 2022, with further significant models to be released in 2023.
