Currently reading: Volkswagen Group revenue grows 12.3% despite big sales drop

The firm sold 2.3 million fewer vehicles than in pre-pandemic 2019 but doubled year-on-year operating profits

The Volkswagen Group’s profits grew in 2021, despite a significant decrease in vehicle sales exacerbated by semiconductor shortages and the pandemic. 

The firm, whose car brands include Volkswagen, Audi, Skoda and Seat, sold a total of 8.6

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