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Volkswagen Delivers on NEW AUTO Strategy, Laying Basis for 2022

18.03.2022 14:55
- Successful BEV-run up: No. 1 in Europe, No. 2 in the US, China increased more than fourfold
- Enhanced overall resilience: overhead costs significantly reduced, high capex discipline, break-even lowered
- Profit doubled to 20 billion EUR and return on sales increased to 8 percent (2020: 4,8)
- Strong regions: turnarounds in North and South America, leading market position in Europe and China
- NEW AUTO strategy: Significant progress in building major tech platforms
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