Volkswagen revenue from Automotive sales

Revenue of Volkswagen Group from automotive sales 2006-2021

The net revenue of the Volkswagen Group in 2021 increased significantly compared to 2020. Its revenues from the sales of automobiles increased to € 206.24 million in 2021 compared to €182.1 million in 2020.

Sales revenue of the Volkswagen group declined in 2020 compared to the previous year. In 2020, the net sales revenue of VW group from automobile sales was €182.1 billion compared to €212.5 billion in 2019. The total sales revenue of the company in 2020 was € 222.9 billion compared to €252.6 billion in 2019.

The following table shows the revenues of Volkswagen group from the sales of automobiles from 2006 to 2021. The amounts are in millions of Euros.

Volkswagen's revenue from automotive sales grew to € 201,067 million in 2018 from € 196,949 million in 2017. VW is a leading automobile brand with a global presence and sales across 153 countries.

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.