Volkswagen Gross Profit

Gross Profit of Volkswagen 2006-2021

The following table shows the gross profit of Volkswagen group from 2006 to 2021. The amounts are in million Euros.

YearGross Profit (Millions)
2022 
2021€ 47,241
2020€ 38,947
2019€ 49,142
2018€ 46,350
2017€ 43,549
2016€ 40,997
2015€ 33,911
2014€ 36,524
2013€ 35,600
2012€ 35,154
2011€ 27,965
2010€ 21,444
2009€ 13,579
2008€ 17,196
2007€ 16,294
2006€ 13,855

Volkswagen group's gross profit rose sharply in 2021 compared to 2020. Its gross profit for 2021 remained € 47,241 million compared to € 38,947 million in 2020.

Volkswagen Group's gross profit fell in 2020 compared to 2019. Its gross profit for 2020 fell to €38.95 billion compared to €49.1 billion in 2019. The company's total sales revenue declined to €222.9 billion in 2020 from €252.6 billion in 2019.

The gross profit of Volkswagen increased to € 46,350 million in 2018 from € 43,549 million in 2017.

About the Volkswagen Group:

The Volkswagen Group is one of the largest manufacturers of automobiles and commercial vehicles globally. It is also one of the global automobile brands with the largest product portfolio. 12 brands from seven European countries are a part of VW's product portfolio. Volkswagen also offers a wide range of financial services. 

2020 remained a very challenging year for Volkswagen Group. Its net sales were heavily impacted due to the pandemic. The company's unit sales of automobiles and commercial vehicles declined. Its sales and profits compared to the previous year also declined. The diesel fiasco continued to haunt the VW group in 2020. The net sales of the company declined to € 22.9 billion in 2020 compared to €252.6 billion in 2019.