Volkswagen Sees Significant Drop in Sales on US Market in 2022

Volkswagen Sees Significant Drop in Sales on US Market in 2022

Text Courtesy of Nordot Contents Library
Originally Published by DPA

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. 🌎

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