Volkswagen: VW Group sells fewer cars – Audi burdened

The Volkswagen Group sold fewer vehicles last year than the previous year. The group delivered 9.027 million vehicles of all group brands worldwide, 2.3 percent less than in the previous year, as the Wolfsburg-based company announced. The self-imposed goal of 9 million deliveries was almost reached.

In China, sales fell almost 10 percent. In Western Europe, however, sales remained almost stable at minus 0.4 percent. The group was able to grow in North America (6 percent) and South America (15 percent).

However, there was a decline in electric cars. Last year, 745,000 electric models from all Group brands were delivered worldwide, 3.4 percent less than the year before.

Audi’s weak performance in particular is a burden. The Ingolstadt VW subsidiary reported a 12 percent drop in sales. The core brand Volkswagen Passenger Cars, which accounts for more than half of all sales, fell by 1.4 percent, and Porsche by 3 percent.

In contrast, Seat/Cupra (7.5 percent) and Skoda (6.9 percent) reported increases. However, this could not compensate for the declines in the other brands.

In 2023, the group delivered more than 9.2 million vehicles of all brands, significantly more than the year before. VW had already given up its goal of exceeding this value by up to three percent in 2024 in September.