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Interim Report & Results Q1 2021

May 6, 2021 - Positive business development from second half of 2020 continues, leading to strong financial performance in first quarter - Group outlook for operating return on sales for full year 2021 raised to 5.5 to 7.0 percent, expectations for net cash flow and net liquidity also raised

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Cover page of Volkswagen's interim report for January to March 2021, featuring a minimalist design with sketched electric car icons.

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Strong first quarter for Volkswagen Group

  • Deliveries up 21.2 percent on previous year to 2.4 (2.0) million vehicles, sales of electrified vehicles more than doubled to 133,300 units
  • High sales revenue of EUR 62.4 (55.1) billion thanks to increased unit sales and improved product mix 
  • Solid operating profit of EUR 4.8 (0.9) billion despite Covid-19 and slight impact from semiconductor shortages, operating return on sales reaches strong 7.7 (1.6) percent
  • Profit before tax climbs significantly to EUR 4.5 (0.7) billion
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.