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The Volkswagen group’s<\/strong> sales volume fell by 14%<\/strong> worldwide to 4 million units<\/strong> compared with 4.66 million<\/strong> a year earlier, as did vehicle deliveries, which fell by 22.2%<\/strong> between January and June, to 3.87 million<\/strong> vehicles compared with 4.98 million<\/strong> in 2021<\/strong>.<\/p>\n <\/p>\n However, the group’s turnover increased by 2%<\/strong> to 132.3 billion euros<\/strong>, while its net profit soared by 25.8%<\/strong> to 10.6 billion<\/strong>. Moreover, its operating margin increased to 10%<\/strong> from 8.8%<\/strong> at the end of June 2021<\/strong>.<\/p>\n <\/p>\n Arno Antlitz, Chief Financial Officer<\/strong> of the Volkswagen Group<\/strong>, commented that “in a particularly difficult global environment, Volkswagen is showing remarkable financial strength”<\/em>. Arno Antlitz welcomes the “relevance”<\/em> of the product offering and the “dynamism”<\/em> of sales in the premium segment. He also states that “the group’s high-volume brands have demonstrated their ability to deliver good results in a favourable environment”.<\/em><\/p>\n <\/p>\n Indeed, the premium division, which includes Audi<\/strong> and Lamborghini,<\/strong> significantly improved its operating results. Bentley<\/strong> also doubled its profit in the first half of the year, posting an operating profit for the first six months of the year of 398 million euros<\/strong>, up from 178 million euros<\/strong> a year earlier.<\/p>\n <\/p>\n Given these results, Volkswagen is confident for the rest of the year and confirms its annual targets. However, the group expresses uncertainty about the energy supply in Europe<\/strong>, disrupted by the war in Ukraine<\/strong> and the consequences of the Covid-19 pandemic<\/strong>.<\/p>\n <\/p>\n <\/p>\n <\/p>\n Read also >\u00a0Mercedes-Benz raises annual targets on strong second quarter results<\/a><\/p>\n <\/p>\n Featured photos : \u00a9 Press[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n <\/p>\n <\/p>\n The Volkswagen group’s<\/strong> sales volume fell by 14%<\/strong> worldwide to 4 million units<\/strong> compared with 4.66 million<\/strong> a year earlier, as did vehicle deliveries, which fell by 22.2%<\/strong> between January and June, to 3.87 million<\/strong> vehicles compared with 4.98 million<\/strong> in 2021<\/strong>.<\/p>\n <\/p>\n However, the group’s turnover increased by 2%<\/strong> to 132.3 billion euros<\/strong>, while its net profit soared by 25.8%<\/strong> to 10.6 billion<\/strong>. Moreover, its operating margin increased to 10%<\/strong> from 8.8%<\/strong> at the end of June 2021<\/strong>.<\/p>\n <\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\n<\/h4>\n
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Although it remains profitable, the Volkswagen group – which includes Audi, Porsche, Bugatti and Bentley – has revealed declining results for the first half of 2022. The German manufacturer’s premium division, on the other hand, performed particularly well.<\/h4>\n