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Volkswagen reports 1H revenue EUR 158.4B vs. EUR 158.8B last year

Reports 1H operating result EUR 6.7B vs. EUR 10B last year. Reports 4.36M vehicle sales in 1H vs. 4.34M sales last year. “Driven by the success of our new products, Volkswagen (VWAGY) Group held its ground in an extremely challenging environment. We made noticeable improvements in design, technology, and quality, and achieved significant progress in software. Our sales figures remain stable in a competitive global market. In Europe we expanded our leading position in electric mobility, with a market share of 28 percent and order books remain well filled. Supported by our ongoing product offensive and consistently good demand, we expect the positive trend to continue in second half of the year,” said CEO Oliver Blume.

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