Volkswagen Group: revenue by vehicle subsidiary 2023

Volkswagen Group's Porsche marque generated some 37.4 billion euros in revenue in the 2023 fiscal year. In terms of sales, Volkswagen Group is among the largest car manufacturers globally.

Volkswagen Group's revenue from vehicle sales from FY 2015 through FY 2023, by major subsidiary or brand (in billion euros)

Characteristic	VW Passenger Cars	Audi Progressive Brand Group*	Porsche	Škoda	Scania**	MAN Commercial Vehicles**	VW Commercial Vehicles	SEAT	Bentley*	TRATON Commercial Vehicles**
2015	106.24	58.42	21.53	12.49	10.48	9.96	10.34	8.6	1.94	-
2016	105.65	59.32	22.32	13.71	11.3	10.01	11.12	8.89	2.03	-
2017	79.98	60.13	21.67	16.56	12.79	11.09	11.91	9.89	1.84	-
2018	84.59	59.25	23.67	17.29	13.36	12.1	11.88	10.2	1.55	-
2019	88.41	55.68	26.06	19.81	13.93	12.66	11.47	11.5	2.09	-
2020	71.08	49.97	26.09	17.08	11.52	10.84	9.36	9.2	2.05	-
2021	76.13	53.07	30.29	17.74	13.93	13	9.91	9.61	2.85	-
2022	73.74	61.75	34.59	21.03	-	-	11.46	10.94	-	39.52
2023	86.38	69.87	37.35	26.54	-	-	15.33	14.33	-	45.73

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Release date

March 2023

More information

Region

Worldwide

Survey time period

FY 2015 to FY 2023

Special properties

fiscal year ends December 31.

Supplementary notes

The values have been rounded.

Figures for years prior to 2023 were taken from previous annual reports.

One euro is approximately equal to 1.105 U.S. dollars (as of December 28, 2023).

* As of 2022, the source is reporting Bentley's revenue as part of Audi's.
** The TRATON Commercial Vehicles segment includes MAN Commercial Vehicles, Scania, Volkswagen Truck & Bus, RIO, and as of July 1, 2021, Navistar.

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