VW software unit Cariad sees $2B loss in 2022

Porsche Macan EV in testing — Porsche's Macan EV (shown here in a testing spy photo) is one of the VW Group models that has faced delays due to Cariad's software problems. (KGP PHOTOGRAPHY)

By:

Reuters

March 14, 2023 10:00 AM

BERLIN – Volkswagen Group's software unit Cariad suffered an operating loss of 2.1 billion euros ($2.24 billion) in 2022 on revenue of 800 million euros, according to the automaker's annual report.

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