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It also expects deliveries to reach 9.5 million vehicles in 2023. That is growth of 15% in deliveries compared to the prior year. Meanwhile operating margin is to come in between 7.5 and 8.5%. | It also expects deliveries to reach 9.5 million vehicles in 2023. That is growth of 15% in deliveries compared to the prior year. Meanwhile operating margin is to come in between 7.5 and 8.5%. | ||
Volkswagen announced that it will invest $192.6 billion (180 billion euros) between 2023 and 2027. More than a third of this will go to electrification and digitalization<ref>https://www.investmentwiki.org/wiki/Volkswagen#:~:text=March%2014%2C%202023,%5B12%5D.</ref>. | |||
{| class="wikitable" | {| class="wikitable" | ||
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|Vehicle deliveries | |Vehicle deliveries | ||
|8.3 million | |8.3 million | ||
| -7% | | -7% | ||
|9.5 million | |9.5 million | ||
|15% | |15% |