Car industry VW Group sells fewer cars - Audi under pressure

SDA

14.1.2025 - 13:27

VW has to report declining sales figures for its e-cars - the picture shows the assembly of an ID.3.
VW has to report declining sales figures for its e-cars - the picture shows the assembly of an ID.3.
Keystone

The Volkswagen Group sold fewer vehicles last year than in the previous year. Worldwide, the Group delivered 9.027 million vehicles of all Group brands, 2.3 percent fewer than in the previous year, as the Wolfsburg-based company announced.

Keystone-SDA

The self-imposed target of 9 million deliveries was therefore just achieved.

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

In contrast, there was a decline in e-cars. Last year, 745,000 electric models of all Group brands were delivered worldwide, 3.4 percent fewer than in the previous year.

Audi's weak performance was a particular burden. The Ingolstadt-based 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 growth. However, this could not compensate for the slump in the other brands.

In 2023, the Group had still delivered more than 9.2 million vehicles of all brands, significantly more than a year earlier. VW had already abandoned its target of exceeding this figure by up to three percent in 2024 in September.