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Strong first half of 2022 for Volkswagen Passenger Cars

Infographic on financial figures and deliveries worldwide in the first half of 2022
  • Measures to boost cost effectiveness in a sustainable manner show effect 
  • Operating return on sales before special items increases to 5.6 percent 
  • Operating result before special items rises to EUR 1.9 billion
  • Electric mobility strategy on track: 25 percent more all-electric cars delivered despite supply shortages and coronavirus restrictions 
  • Volkswagen CEO Thomas Schäfer: “We are making great strides. Gained considerable additional momentum in the second quarter. Cautiously optimistic about supplies in the second half of the year. Want to leverage further synergies between volume brands.” 
  • Volkswagen lifts outlook for operating return on sales before special items to 4 to 5 percent for full-year 2022

The Volkswagen brand further strengthened the Group’s economic efficiency in the first half of 2022. Effective sale management, improved cost efficiency and consistent implementation of the ACCELERATE strategy have led to a strong financial result. Operating result before special items rose to EUR 1.9 billion (first half of 2021: EUR 1.2 billion). The operating return on sales before special items rose to 5.6 percent (first half of 2021: 3.4 percent). The half-year result benefited in particular from a strong second quarter. This is also the main reason that the net operating cash flow reached 569 million euros in the first six months. As a result of optimized model and price policy, the company generated sales revenue of just under 33 billion euros (first half of 2021: 36 billion euros) – despite a significant year-on year decline in vehicle deliveries.

Infographic on the financial figures of the Volkswagen Passenger Cars brand
The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.