Volkswagen Net Revenues

Net Revenues of Volkswagen 2004-2021.

Amounts are in millions of Euros.

In fiscal 2021, the net revenue fo Volkswagen Group increased by 12.3% compared to the previous year. The company generated €250.2 billion in net sales compared to €222.9 billion in 2020. However, its vehicle sales remained 6.3% lower in 2021 compared to 2020.

Compared to 2019, Volkswagen AG's sales revenue fell in 2020. In 2020, the company's net revenues remained €222.9 billion compared to €252.6 billion in 2019.

Volkswagen Group is a leading brand of automobiles with a global presence and a diversified portfolio.

The company sold around 10.9 million total vehicles in 2018. Net revenue of the brand reached €235.85 Billion in 2018 from €229.5 Billion in 2017. The number of employees of Volkswagen group in 2018 was 119,400. Audi is among the leading and most popular luxury brands in the VW group.

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 company's net sales declined to € 22.9 billion in 2020 compared to €252.6 billion in 2019.