Volkswagen's global sales down 23% in H1 amid chip woes

Growth-impacting factors like the war in Ukraine, global chip shortage and pandemic in China limit sales to 2.08 million units; order backlog stands at 728,000 vehicles for Europe alone, including 139,000 all-electric ID.s.

28 Jul 2022 | 3241 Views | By Autocar Pro News Desk

Volkswagen Passenger Cars has reported strong financial numbers for the January to June 2022 period. 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 1.9 billion euros (H1 2021: 1.2 billion ...

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Tags: Volkswagen
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