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The future
on handANNUAL REPORT 2020

Letter to our Shareholders

Data and electricitiy
are driving us now.

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Our key figures

Deliveries 9.3 million

The Volkswagen Group delivered 9,305,372 vehicles to customers worldwide in fiscal year 2020. The decrease of 15.2% or 1,669,925 units year-on-year was due almost exclusively to the Covid-19 pandemic and the measures taken worldwide to contain its spread.

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Employees 665.4 thousand

Including the Chinese joint ventures, the Volkswagen Group employed an average of 665,445 people in fiscal year 2020.

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Sales revenue €222.9 billion

In fiscal year 2020, the Volkswagen Group generated sales revenue of €222.9 billion. The year-on-year decrease of 11.8% was mainly attributable to falling volumes as a result of the Covid-19 pandemic, as well as the negative effects of changes in exchange rates.

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Operating profit €10.6 billion

The Volkswagen Group generated an operating profit before special items of €10.6 (19.3) billion in the reporting year.

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