Journalists and company attend the official world premiere of the all-electric ID. Buzz, in Paris, France, March 9, 2022. REUTERS/Benoit Tessier
BERLIN, March 15 (Reuters) – The Volkswagen Group (VOWG_p.DE) achieved a 16% market share in China in 2021 and the VW model returned to revenue in North and South America, the German carmaker stated on Tuesday.
The Volkswagen Group might have offered considerably extra automobiles in China in 2021 however was hindered by the continuing semiconductor scarcity, added the carmaker in a press release.
Volkswagen additionally stated that the model had achieved a turnaround in South America and reported a optimistic outcome for the primary time since 2013, in addition to returning to profitability in North America after a number of years in all three markets.
Reporting by Miranda Murray, enhancing by Kirsti Knolle
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