Volkswagen Passenger Cars

In fiscal year 2022, the Volkswagen Passenger Cars brand celebrated the market debut of the ID.4 Pro 4Motion, the all-electric all-rounder for everyday and leisure use. The operating result improved year-on-year.

BUSINESS DEVELOPMENT

The Volkswagen Passenger Cars brand aims to move people. The centerpiece of the ACCELERATE 2030 strategy is a global initiative through which the brand aspires to transform itself into a technology and software business focused on customer needs.

In fiscal year 2022, the Volkswagen Passenger Cars brand launched the ID.4 Pro 4Motion, the all-electric all-rounder for everyday and leisure use. The powerful, assertive exterior features soft, gentle transitions, alternating with sharp, defined edges, and gives the all-rounder excellent aerodynamics. The powerful dual-motor all-wheel drive provides plenty of traction in virtually any everyday situation. Inside, the model impresses with open space and a calm design that emphasizes the airy feel. At the ID. Meet in Locarno, the Volkswagen Passenger Cars brand presented its offroad concept car “ID. XTREME”. The facelifted T-Roc models also celebrated their premiere in the reporting period. The new compact SUVs “Roc stars” boast fresh exterior design accents, improved controls and connectivity, and the latest generation of assistance systems. The popular Touareg and Golf R models also celebrated their 20th anniversary in the reporting period. The brand celebrated these birthdays with the Touareg “Edition 20” and Golf R “20 Years” special models.

The Volkswagen Passenger Cars brand delivered 4.6 million vehicles globally in fiscal year 2022. This was 6.8% fewer than in the previous year. The decline was mainly due to continued limited vehicle availability as a result of parts supply shortages.

The Volkswagen Passenger Cars brand sold 2.6 (2.7) million vehicles in the reporting year. ID. family models and the T-Roc were increasingly sought-after, and the new Taigo was also very popular. The difference between deliveries and unit sales is due mainly to the fact that the vehicle-producing joint ventures in China are not attributed to the companies in the Volkswagen Passenger Cars brand.

The Volkswagen Passenger Cars brand produced 4.8 (4.6) million vehicles worldwide in 2022. In May 2022, Volkswagen Slovakia celebrated 20 years of Volkswagen Touareg production.

SALES REVENUE AND EARNINGS

The Volkswagen Passenger Cars brand increased its sales revenue by 8.7% year-on-year to €73.8 billion in 2022. The operating result before special items improved to €2.6 (2.2) billion, which was attributable above all to improved price positioning, positive mix effects and reduced sales incentives. Increased commodity prices adversely affected earnings. Upfront expenditure for new products and technologies increased. The operating return on sales before special items amounted to 3.6 (3.2)%. The diesel issue gave rise to negative special items.

ID. 4 Pro 4Motion

DELIVERIES BY MARKET

in percent