Volkswagen Delivers 6.5 Million Vehicles By September
Volkswagen Group has reported 6.52 million vehicle deliveries in the first nine months of 2024, reflecting a 2.8% decline compared to the same period last year, a statement from the company said. The company, in the statement, cited strong growth in the Americas but noted challenges in China and parts of Europe as key factors behind the drop.
“The competitive situation in China is particularly intense, which is the main reason for the global decline in our deliveries,” said Marco Schubert, a member of the Group’s Extended Executive Committee for Sales, while acknowledging market volatility. He added that the launch of new models across brands and a better cost base, especially in Germany, would bolster future performance.
The group saw significant growth in North America (7%) and South America (15%), led by a 19.1% rise in Brazil. However, Western Europe declined slightly (1%), while deliveries in China dropped 10.2%, contributing to a regional decline of 11% in Asia-Pacific.
Volkswagen maintained its leadership in Europe’s electric vehicle (BEV) market, despite a 4.7% dip in global BEV deliveries to 506,500 units. Notably, BEV sales in China surged by 27%, but the US market reported a sharp decline of 26%. The group’s BEV market share remains at 8%, with top models like the VW ID.4/ID.5 (135,200 units) and the ID.3 (105,900 units) leading sales.
PHEV sales showed positive momentum, with 192,000 vehicles delivered—9% higher than last year. Volkswagen also reported a strong BEV order bank of 170,000 units in Western Europe, where new models, including the VW ID.7 Tourer and Audi Q6 e-tron, are expected to drive growth in the final quarter.
