Volkswagen Delivers on NEW AUTO Strategy, Laying Basis for 2022

• 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

Full press release (ENG)