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
companies in this sector in GERMANY :
Bayerische Motoren Werke Aktiengesellschaft
(2019
sales of 104.21 billion Euro [US$114.90 billion]
of which 71%
was Automobiles),
Audi AG
(55.68 billion Euro [US$61.39 billion]
of which 99%
was Vehicle Sales), and
Daimler AG
(172.75 billion Euro [US$190.46 billion]
of which 52%
was Mercedes -Benz Cars).
Sales Analysis.
Volkswagen AG reported sales of 252.63 billion Euro (US$278.54 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 7.1%
versus 2018, when the company's sales were 235.85 billion Euro.
Sales at Volkswagen AG have increased during each of the previous five years
(and since 2014, sales have increased a total of 25%).
Sales of Reconciliation saw an increase
that was more than double the company's growth rate: sales were up
18.6% in 2019, from
236.00 million Euro to 280.00 million Euro.
Volkswagen AG also saw significant increases in sales in
Financial Services (up 15.4% to 36.45 billion Euro)
and
Power Engineering (up 10.8% to 4.00 billion Euro)
.
Not all segments of Volkswagen AG experienced an increase in sales in 2019:
sales of Commercial Vehicles fell 13.6% to 25.40 billion Euro.