Group Management Report

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The Volkswagen Group produced 8,716,606 vehicles (including the equity-accounted companies in China) from January to December 2022, 5.2% more than in the prior-year period. The shortage of semiconductors and the disruption of supply chains caused by the Russia-Ukraine conflict and the Covid-19 pandemic restricted production in the Volkswagen Group; the supply and production situation eased toward the end of the reporting period. Against the backdrop of the Russia-Ukraine conflict and the resulting consequences, Volkswagen decided to suspend the start of vehicle production in Russia until further notice. Production in Germany increased by 11.1% to 1,647,611 vehicles in fiscal year 2022. The proportion of the Group’s total production accounted for by Germany increased to 18.9 (17.9) %.