BERLIN—The Volkswagen Group reported its lowest sales in over a decade in 2022 as COVID-19 lockdowns in China and the war in Ukraine upended supply chains, and a fourth-quarter recovery risks running into further challenges this year.
The German group, whose brands range from mass-market VWs and Skodas to premium Audis and Bentleys, said on Thursday it delivered 8.3 million vehicles to customers last year.
That indicates it will remain in second place globally for the third year in a row behind Japan’s Toyota Group, which by November had already produced over 9.5 million cars.
Group sales rose 14.3 percent in the fourth quarter, but the outlook for 2023 remains clouded by weak economies and supply chain shortages, extended executive sales committee member Hildegard Wortmann said….