Volkswagen group gross Profits by division

Gross Profits of Volkswagen Group from automotive and finance divisions 2006-2021

The following table shows the gross profit of Volkswagen group from each of its two business divisions. The amounts are in million Euros.

YearAutomotives (millions)Financial services (millions)
2021€ 38,592€ 8,649
2020€ 31,599€ 7,348
2019€ 41,996€ 7,146
2018€ 39,769€ 6,581
2017€ 37,283€ 6,265
2016€ 35,156€ 5,841
2015€ 28,382€ 5,528
2014€ 31,226€ 5,297
2013€ 30,522€ 5,078
2012€ 30,664€ 4,490
2011€ 24,239€ 3,727
2010€ 18,060€ 3,384
2009€ 10,973€ 2,606
2008€ 14,737€ 2,459
2007€ 14,078€ 2,216
2006€ 11,596€ 2,259 

2021 highlights:

In fiscal 2021, the total gross profit of the Volkswagen group increased compared to the previous year.

The gross profit of the company increased to €47,2541 million in 2021 compared to € 38,947 million in 2020.

Volkswagen's gross profit from the automotives division increased to € 38,592 million in 2021 compared to € 31,599 million in 2020.

Its gross profit from the financial services division increased to € 8,649 million in 2021 compared to € 7,348 million in 2020.

2020 Highlights:

  • The Volkswagen Group's total gross profit fell to €38,947 million in 2020 compared to €49,142 million in 2019.
  • Volkswagen's automotive division experienced a decline in gross profit in 2020 compared to the previous year. the automotive division's gross profit fell to €31,599 million, compared to €41,996 million in 2019.
  • Volkswagen's financial services division experienced a small growth in gross profit in 2020 compared to the previous year. Its gross profit rose to €7,348 million in 2020 compared to €7,146 million in 2019.

 

2018 Highlights:

  • Gross Profits of Volkswagen from the automotives division rose to €39.77 Billion in 2018 from €37.3 Billion in 2017.
  • Gross Profits of Volkswagen from the financial services division rose to €6.6 Billion in 2018 from €6.3 Billion 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.