Volkswagen Group deliveries

The Volkswagen Group delivered 9,027,424 vehicles to customers worldwide in the fiscal year. This was 2.3% or 212,110 units less than in the previous year. Sales of both passenger cars and commercial vehicles were down year-on-year.

Deliveries of electrified Volkswagen Group vehicles were slightly lower than the prior-year figure due in particular to industry-wide buyer reluctance: we handed over 744,794 all-electric vehicles (including heavy commercial vehicles) to customers worldwide in the reporting year. This was 26,280 fewer units or 3.4% less than in the previous year. Their share of the Group’s total deliveries remained stable at 8.3 (8.3)%. Deliveries to customers of our plug-in hybrid models rose to 269,622 (+5.0%) units. Although total electrified vehicle deliveries fell by 1.3%; their share of total Group deliveries remained steady year-on-year at 11.2 (11.1)%. The Group brands’ highest-volume all-electric vehicles included the ID.4 and ID.3 from Volkswagen Passenger Cars, the Škoda Enyaq, the CUPRA Born, the ID. Buzz from Volkswagen Commercial Vehicles, the Audi Q4 e-tron as well as the Porsche Taycan.

In the following, we report separately on deliveries in the Passenger Cars Business Area and the Commercial Vehicles Business Area.

VOLKSWAGEN GROUP DELIVERIES BY MONTH

Vehicles in thousands

GLOBAL DELIVERIES BY THE PASSENGER CARS BUSINESS AREA

With its passenger car brands, the Volkswagen Group is represented in all relevant automotive markets around the world, including Europe and other markets, North and South America and Asia-Pacific.

Sales of Volkswagen Group passenger cars and light commercial vehicles worldwide amounted to 8,693,208 units in fiscal year 2024 amid challenging market conditions. This was 2.3% or 208,142 vehicles less than in the previous year. The overall market grew slightly. While Škoda, SEAT/CUPRA and Lamborghini increased vehicle deliveries and Volkswagen Commercial Vehicles maintained its prior-year level, Volkswagen Passenger Cars, Audi, Bentley and Porsche did not achieve their respective prior-year figures. At a regional level, we saw demand rise for passenger cars and light commercial vehicles from the Volkswagen Group in Central and Eastern Europe, North America, South America, Africa and the Middle East. Deliveries to customers in Western Europe were on a level with the previous year, while they fell short of the prior-year figures in Asia-Pacific.

In an overall global market that saw noticeable growth, we achieved a passenger car market share of 10.5 (11.1)%.

The table at the end of this section gives an overview of passenger car deliveries to customers of the Volkswagen Group in the regions and the key individual markets. The sales figures for Group models in these markets and regions are explained below.

WORLDWIDE DELIVERIES OF THE MOST SUCCESSFUL GROUP MODEL RANGES IN 2024

Vehicles in thousands

Deliveries in Europe/Other Markets

In Western Europe, the Volkswagen Group delivered 3,144,705 passenger cars and light commercial vehicles to customers in the reporting year, 0.1% more than in the previous year. In the same period, the overall market was on a level with the previous year. Customer interest in the Volkswagen Group’s electrified vehicles was strongest in Western Europe, where we delivered more than 50% of our all-electric models or 437,337 units (including heavy commercial vehicles) to customers in the reporting year. The number of all-electric models handed over to customers was down 4.2% year-on-year. Their share of Group deliveries in this region fell to 13.4 (14.0)%. However, incoming orders for Volkswagen Group all-electric models developed encouragingly in Western Europe, increasing by more than 80% year-on-year. The Group vehicles that achieved the highest sales volumes were the T-Roc, Tiguan and Golf hatchback models from the Volkswagen Passenger Cars brand. Other models that recorded encouraging demand included the ID.7 Tourer, ID.7 saloon and Golf Estate from Volkswagen Passenger Cars, the Fabia hatchback and Octavia Combi from Škoda, the SEAT Ibiza and SEAT Leon, the CUPRA Leon and CUPRA Ateca, the Caddy and Multivan from Volkswagen Commercial Vehicles, the Audi Q6 e-tron, as well as the Porsche Cayenne. The T-Cross, Golf, Tiguan, Passat and ID.7 Tourer models from the Volkswagen Passenger Cars brand, the Škoda Scala, Kamiq, Kodiaq, Octavia and Superb, the SEAT Leon, the CUPRA Leon, CUPRA Formentor, CUPRA Tavascan and CUPRA Terramar, the A3, A5, Q6 e-tron and Q7 from Audi and the 911, Taycan, Macan and Panamera from Porsche were among the new or successor models launched on the market during the reporting year. The Volkswagen Group’s share of the passenger car market in Western Europe amounted to 24.4 (24.5)%.

In the Central and Eastern Europe region, the number of vehicles handed over to customers in 2024 was up 2.4% year-on-year. The market as a whole recorded significant volume growth at the same time. Demand developed encouragingly for a number of models, including the Tiguan from Volkswagen Passenger Cars, as well as for Škoda’s Superb Combi, Octavia saloon and Kodiaq. The Volkswagen Group’s share of the passenger car market in the Central and Eastern Europe region declined to 17.0 (19.6)%.

In Türkiye, where the overall passenger car market expanded slightly, the Volkswagen Group delivered 7.7% more vehicles to customers in the past fiscal year than in 2023. The Polo from Volkswagen Passenger Cars was the most sought-after Group model. In the South African market, the number of Group models sold decreased by 1.8%, while the overall market was similar to the prior-year level. The Polo Vivo from the Volkswagen Passenger Cars brand was also the most sought-after Group model in this region.

Deliveries in Germany

In Germany, in an overall passenger car market in 2024 that was similar to the previous year, the Volkswagen Group delivered 1,122,422 units to customers, a decrease of 1.7% on the prior-year figure. The volume of all-electric vehicles delivered declined by 11.9% year-on-year to 136,642 units. The Group models that recorded the highest sales volume were the T-Roc, Golf hatchback and Tiguan from the Volkswagen Passenger Cars brand and the Škoda Octavia Combi. In addition, the Golf Estate, ID.7 Tourer and ID.7 saloon from Volkswagen Passenger Cars, the Škoda Karoq and Škoda Fabia hatchback, the SEAT Ibiza, the CUPRA Leon, the Multivan from Volkswagen Commercial Vehicles, the Audi Q6 e-tron and the Porsche Cayenne, among others, saw encouraging demand. Seven Group models led the Kraftfahrt-Bundesamt (KBA – German Federal Motor Transport Authority) registration statistics in their respective segments: the Golf, T-Roc, Tiguan, Passat, Touran, Multivan/Transporter and Porsche 911. The Golf was again the most popular passenger car in Germany in terms of registrations in 2024.

Deliveries in North America

In the reporting year, the number of Volkswagen Group models delivered to customers in North America increased by 6.9% year-on-year to 961,916 units in an overall market experiencing slight growth. The volume of all-electric models delivered in North America (including heavy commercial vehicles) declined by 23.4% to 64,707 units compared with the previous year. Their share of total Group deliveries in this region fell to 6.1 (8.5)%. The Tiguan Allspace, Taos and Jetta from the Volkswagen Passenger Cars brand were the most sought-after Group models in North America. The Jetta from the Volkswagen Passenger Cars brand, the A3, Q6 e-tron, Q7 and Q8 from Audi and the Taycan, Macan and Panamera from Porsche were among the new or successor models launched on the market during the reporting year. The Group’s share of the market in this region increased to 5.0 (4.8)%.

In the US market, which recorded slight growth, the Volkswagen Group delivered 2.9% more vehicles to customers in fiscal year 2024 than in the previous year. The volume of all-electric vehicles delivered in the United States went down by 30.5% year-on-year to 49,403 units. The Group models to record the greatest increases in absolute terms included the Jetta, Tiguan Allspace and Atlas from Volkswagen Passenger Cars and the Audi Q3.

In Canada, the number of vehicles delivered to Volkswagen Group customers was up 14.7% in the reporting year compared with 2023. The market as a whole recorded noticeable growth at the same time. The Group models with the highest volume of demand were the Taos and Tiguan Allspace from the Volkswagen Passenger Cars brand.

In Mexico, where the market as a whole saw noticeable growth, we sold 18.3% more vehicles to customers in the past fiscal year than in 2023. Demand developed encouragingly for, among others, the Virtus and Taigun from Volkswagen Passenger Cars.

Deliveries in South America

In the South American market for passenger cars and light commercial vehicles, which recorded noticeable growth, the number of Group models handed over to customers in 2024 was up 12.5% on the prior-year figure, at 524,108 units. The Polo, T-Cross and Nivus from Volkswagen Passenger Cars were the Group models with the highest sales volumes. The T-Cross, Nivus and Jetta from Volkswagen Passenger Cars and the Audi A3 and Audi Q6 e-tron, among others, were introduced to the market as new or successor models in the reporting year. The Group’s share of the market in South America rose to 13.3 (12.6)%.

In the Brazilian market, which performed significantly better than in the previous year, the Volkswagen Group delivered 15.6% more vehicles to customers in the reporting year. The Polo, T-Cross and Saveiro from Volkswagen Passenger Cars were the Group models with the highest sales volumes.

In Argentina, the number of Volkswagen Group vehicles handed over to customers in 2024 increased by 13.4% year-on-year in a noticeably declining overall market. The Group models with the highest sales volume were the Polo and the Taos from Volkswagen Passenger Cars and the Amarok from Volkswagen Commercial Vehicles.

Deliveries in the Asia-Pacific Region

In the past fiscal year, the Volkswagen Group saw deliveries to customers in the Asia-Pacific region fall by 10.3% to 3,213,816 vehicles compared with 2023, while the total passenger car market volume was on a similar level to the previous year. The volume of all-electric vehicles (including heavy commercial vehicles) delivered in this region rose by 8.2% year-on-year to 224,264 units. Their share of the Group’s total deliveries rose to 7.0 (5.8)%. The Group models with the highest sales volume were the Passat, Sagitar and Lavida from the Volkswagen Passenger Cars brand. The Volkswagen Group’s share of the passenger car market in the Asia-Pacific region declined to 8.6 (9.8)%.

In China, the overall passenger car market expanded slightly compared with the prior year. The Volkswagen Group’s deliveries to customers in this country declined by 9.5% compared with 2023 to 2,926,763 units. The high intensity of competition continued to have a negative impact in the reporting year. At 207,377 units, the number of all-electric vehicles (including heavy commercial vehicles) handed over to customers in China was 8.1% higher than the prior-year figure. Their share of the Group’s total deliveries rose to 7.1 (5.9)%. The Group models with the highest sales volume were the Passat, Sagitar and Lavida from Volkswagen Passenger Cars and the Audi A6 saloon. In addition, the Lavida XR, Tayron, T-Cross and ID.3 from Volkswagen Passenger Cars and the Q5 and A7 saloon from Audi were among the models that saw an encouraging increase in demand. The T-Cross, Golf, ID. UNYX, Tiguan Allspace, Passat, Magotan and Touareg models from Volkswagen Passenger Cars, the Audi A3L, Audi Q7 and Audi Q8 and the Porsche Taycan, Porsche Macan and Porsche Panamera were among the new or successor models launched on the market in the reporting year.

In the Indian passenger car market, which registered slight growth, the Volkswagen Group saw demand fall by 15.9% year-on-year in fiscal year 2024. The Virtus and Taigun from the Volkswagen Passenger Cars brand and the Kushaq from Škoda were the most sought-after Group models there.

In Japan, the number of Group vehicles delivered to customers in 2024 was down 16.7% year-on-year in an overall market that experienced a noticeable decline compared with the prior year. The Group vehicles with the highest sales volume were the T-Cross and T-Roc models from the Volkswagen Passenger Cars brand.

COMMERCIAL VEHICLE DELIVERIES

In fiscal year 2024, the Volkswagen Group delivered −1.2% fewer commercial vehicles to customers worldwide than in the previous year. We handed over a total of 334,216 commercial vehicles to customers. Trucks accounted for 278,605 units (−1.0%) and buses for 27,939 units (−7.7%). Deliveries to customers of the MAN TGE van series saw a slight increase compared with the prior year, amounting to 27,672 (+3.9%) vehicles. Overall, the downward trend in the first six months of 2024 was mitigated by a positive trend in the second half of the year.

In the 27 EU states excluding Malta, but including the United Kingdom, Norway and Switzerland (EU27+3) sales in the reporting year were down by 12.2% on the same period of the previous year to a total of 136,700 units, of which 104,533 were trucks and 4,924 were buses. The decrease in truck sales is attributable to continued buyer reluctance in the EU27+3 region. In addition, tighter regulatory requirements for vehicle software systems caused delays in bus sales in this region in the second half of 2024. Here, the MAN brand delivered 27,243 vehicles from the MAN TGE van series to customers.

In fiscal year 2024, deliveries to customers in Türkiye fell significantly year-on-year to 5,133 (5,737) vehicles. Trucks accounted for 4,712 units and buses for 142 units, while 279 vehicles from the MAN TGE van series were sold. In South Africa, the number of Volkswagen Group commercial vehicles delivered to customers fell noticeably year-on-year by 9.5% to a total of 4,425 units. Of the units sold, 3,779 were trucks and 646 were buses.

Sales in North America rose to 95,073 (93,440) vehicles in the reporting year; this included 82,211 trucks and 12,862 buses. Unit sales in the United States registered a noticeable decrease as a result of declining transport activities. Truck sales developed very encouragingly in Mexico and were much stronger than in the same period of the previous year.

Deliveries to customers in South America increased to a total of 70,156 units (+34.1%) in 2024; 62,719 of these were trucks and 7,437 were buses. In Brazil, the biggest market in this region, deliveries to customers increased very strongly in the reporting year mainly due to an economic upswing, rising by 40.8% to 58,546 units. Of the units delivered, 52,762 were trucks and 5,784 were buses.

In the Asia-Pacific region, the Volkswagen Group sold 9,458 vehicles in the reporting year, including 8,545 trucks and 913 buses. Overall, this was 21.6% less than in the previous year.

DELIVERIES IN THE POWER ENGINEERING SEGMENT

Orders in the Power Engineering segment are usually part of major investment projects. Lead times typically range from just under one year to several years, and partial deliveries as construction progresses are common. Accordingly, there is a time lag between incoming orders and sales revenue from the new construction business.

In 2024, sales revenue in the Power Engineering segment was largely driven by Engines & Marine Systems and Turbomachinery, which together generated more than three quarters of overall sales revenue.