Volkswagen Confirms 2023 Guidance After 1Q Revenue Rose

Photographer: Qilai Shen/Bloomberg Photo: Qilai Shen/Bloomberg News

Volkswagen on Thursday confirmed its 2023 outlook after reporting higher revenue in the first quarter driven by vehicle sales in Europe and North America.

The German auto maker said sales rose to 76.20 billion euros ($84.31 billion), a 22% increase over the first quarter of 2022.

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