VWG predicts strong 2020 profits
- January 29, 2021
- Posted by: Louise Cooke
- Category: Industry News
Volkswagen AG has predicted an operating profit of €10bn (£8.88bn) for 2020, with automotive net cash flow of around €6bn.
This is based on a robust performance in the second half of they year, with deliveries in the fourth quarter exceeding deliveries in the third quarter.
The total number of vehicles delivered to customers was 9.3 million, with the passenger car global market share 12.9%.
The full figures for the year will be announced at the end of February.