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VW jumps as better chip supplies are set to fuel sales surge

VW is projecting revenue to climb as much as 15%

Bloomberg NewsbyBloomberg News
March 3, 2023
in Technology
Reading Time: 2 mins read
0

Volkswagen AG expects to sidestep a slowing economy with a jump in sales this year as Europe’s biggest carmaker benefits from full order books and better access to semiconductors. VW is projecting revenue to climb as much as 15%, with operating returns reaching as high as 8.5%. That margin would be roughly on par with […]

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Tags: car saleschip shortagePremiumVolkswagenVolkswagen AG
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