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Volkswagen automaker’s income fell 30.6%

Photo: Volkswagen

Financial director Arno Antlitz considers it a good result in a difficult competitive environment.

Last year, the Net Profit of Europe’s largest Volkswagen car manufacturer fell 30.6%. Bild reported this with a reference to the company’s reporting.

The company’s 9 million cars have been sold worldwide – this is a reduction of 2.3%. In 2023, this indicator reached 9.2 million units.

Growth in South America cannot pay for losses in the Chinese market. Sales in North America and Europe have remained stable compared to last year.

Although last year’s turnover increased a bit and cost 324.7 billion euros (+1%), the income after taxes fell sharply. If in 2023 it reached 17.8 billion euros, today – 12.3 billion euros.

According to the financial director of Arno Antlitz, this is a good result in a difficult competitive environment.

It has been reported that the current dividends will reach 6.30 euros for a regular promotion (6.36 euro for a privileged part) – 30% less than last year. About 120,000 VW employees in Germany can re -rely on a prize of 4799.50 euro this year.

Remember that Volkswagen recalled 177,493 crossovers in the United States because of a defect that could lead to fire.

In Germany, the sales of Tesla fell 76%
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Source: korrespondent

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