The Ingolstadt-based car manufacturer Audi sold fewer cars last year than in 2021 due to the ongoing disruptions in the supply chain.

At 1.61 million vehicles, total sales in 2022 were 3.9 percent lower than a year ago, the company announced on Tuesday. Audi therefore missed the targets it had set itself: In the fall, the carmaker had cut its forecast for the year as a whole to between 1.65 and 1.75 million vehicles, down from 1.8 to 1.9 million previously.

The downward trend was particularly pronounced in the most important single market, China, where Audi recorded a drop in sales of 8.4 percent to 642,548 vehicles. The Volkswagen subsidiary also sold 4.7 percent fewer cars in the USA. By contrast, things looked better on the European market, where sales increased by 1.2 percent to 624,498 cars.

Sales of electric cars increased by a good two-fifths to 118,196 vehicles. However, the increase was lower than that of the competition from Munich and Stuttgart, which both more than doubled their sales of electric cars.

(Report by Christina Amann, edited by Ralf Banser. If you have any questions, please contact our editorial team at Berlin.Newsroom@thomsonreuters.com (for politics and the economy) or Frankfurt.Newsroom@thomsonreuters.com (for companies and markets)