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Volkswagen Group reports 4.5% drop in deliveries

BERLIN (Reuters) - The Volkswagen (DE:VOWG_p) Group said deliveries dropped 4.5%, to 8.9 million vehicles, in 2021, adding it expected supply chain bottlenecks to remain volatile...
Volkswagen Group reports 4.5% drop in deliveries © Reuters. FILE PHOTO: A Volkswagen logo is seen as it launches its ID.6 and ID.6 CROZZ SUV at a world premiere ahead of the Shanghai Auto Show, in Shanghai, China April 18, 2021. REUTERS/Aly Song

BERLIN (Reuters) - The Volkswagen (DE:VOWG_p) Group said deliveries dropped 4.5%, to 8.9 million vehicles, in 2021, adding it expected supply chain bottlenecks to remain volatile in the first half of this year.

The decline was particularly sharp in China, where the Group delivered 14.1% fewer vehicles to customers due to chip shortages and shaky supply chains.

Deliveries of fully-electric vehicles grew 96% compared to 2020, to reach 452,900 vehicles.

Battery-electric vehicles made up 5.1% of global deliveries, up from 2.5% the year before. In China, over four times as many battery-electric vehicles were delivered in 2021.

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28-01-2022 15:19:56 (UTC+7)

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 USD/JPY115.23Neutral
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 EUR/JPY128.40Sell
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 Gold1,788.10↑ Buy
 Silver22.383↑ Buy
 Copper4.3178↑ Buy
 Crude Oil WTI87.07↑ Buy
 Brent Oil88.72↑ Buy
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 US Coffee C235.85↑ Sell
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 FTSE 1007,466.07Neutral
 Hang Seng23,550.08↑ Buy
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 BASF68.510↑ Buy
 Bayer52.83↑ Buy
 Allianz227.80↑ Buy
 Adidas236.15↑ Buy
 Lufthansa6.791↑ Buy
 Siemens AG138.34↑ Buy
 Deutsche Bank AG11.912↑ Buy
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