It's nice to see VW open with its data, a policy it has retained for many, many decades. Even more so as volume contracts. As will be revealed in another post, profit is improving at the same time.
Below are production figures, down 19% in 2021 and minus 8% in 2022. Even a quick glance shows that much of the reduction is with medium to large cars, often those for the Chinese market. I always thought VW relied too much on one country.
Data source: VW Group.
Summary: VW had a goal of being the biggest producer of vehicles in the world but that seems to have been abandoned. Instead, improved profit is the focus, which is better than being distracted by units made.
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