NEW YORK (DPA) - The stubborn chip shortage and supply chain problems in the car industry caused a significant drop in sales for Volkswagen on the US market in 2022.
Sales fell 19.7% year-on-year to 301,069 new cars, the German company said on Thursday.
In the fourth quarter, Volkswagen sold 22,303 cars to US customers - down 20.5% from the same period last year.
One bright spot was the ID.4 electric model, where sales rose 171% in the final quarter. However, the e-car does not yet contribute much to the volume - VW sold 20,511 units in the year. 🌎