Volkswagen's 2023 sales outlook soars beyond forecast, shares soar

FRANKFURT, Germany: Volkswagen has predicted that sales would rise to as much as $352 billion in 2023 and a strong recovery of vehicle deliveries will occur, delivering 9.5 million autos, an increase of more than 14 percent year-on-year.

"Our performance last year demonstrated the improved resilience of the Volkswagen Group amid a challenging global backdrop," Chief Financial Officer Arno Antlitz said, as quoted