Volkswagen AG operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Volkswagen AG with three other
automobile manufacturers in Europe:
sales of 154.31 billion Euros [US$185.02 billion]
of which 62%
was Mercedes -Benz Cars & Vans),
Bayerische Motoren Werke Aktiengesellschaft
(98.99 billion Euros [US$118.69 billion]
of which 69%
was Automobiles), and
based in ITALY
(119.52 billion Euros [US$143.31 billion]
of which 73%
Volkswagen AG reported sales of 222.88 billion Euro (US$267.25 billion)
December of 2020.
decrease of 11.8%
versus 2019, when the company's sales were 252.63 billion Euro.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Volkswagen AG had sales
of 213.29 billion Euro.
Contributing to the drop in overall sales was the 16.9% decline
in Commercial Vehicles, from 25.40 billion Euro to 21.11 billion Euro.
There were also decreases in sales in
Passenger Cars (down 13.9% to 160.67 billion Euro)
Power Engineering (down 8.9% to 3.64 billion Euro)
Reconciliation (down 16.1% to 235.00 million Euro)
However, these declines were partially offset by the increase in sales of
Financial Services (up 2.1% to 37.22 billion Euro)