2023 Author: Eric Donovan | [email protected]. Last modified: 2023-05-21 15:44
The VW Group was able to increase its worldwide deliveries moderately by 2.9 percent in October. In the first ten months of the year the sales increase exceeded eight million units for the first time.
Europe's largest car manufacturer Volkswagen was able to increase its worldwide deliveries in October with 842,700 vehicles delivered to customers by 2.9 percent, as the company announced on Friday. However, the group brands performed better in the course of the year: From January to October, the company sold 8.24 million units for the first time, more than eight million vehicles, an increase of five percent compared to the previous year.
“The Volkswagen Group has developed better than the overall market in the year to date. In view of the persistent, sometimes challenging, market situations in some regions, this is a positive development. Our brands were able to make further gains, especially in the Western Europe and Asia-Pacific regions, "said Group Sales Director Christian Klingler.
China continues to grow in double digits
VW was able to sell a total of 3.24 million vehicles (+ 6.2 percent) in Europe as a whole by October; in Western Europe, without including the home market, they increased by eight percent to 1.68 million units. In Germany, VW increased its deliveries by 5.8 percent with 1.02 million units. In Russia, sales fell by just over 13 percent to 217,600 vehicles. The company is also still in the red in the USA, where 489,100 vehicles (-3.8 percent) were sold in the first ten months of the year.
VW is still in double digits in China. In the largest single market, with 3.03 million units, slightly more than 14 percent more vehicles were sold than in the same period of the previous year. VW China board member Jochem Heizmann has just announced that the group is expecting growth to cool down to a single-digit range as early as 2015, but China would remain the most important market.
While the core brand VW Passenger Cars grew by 2.6 percent from January to October with 5.08 million units, the growth of the premium brand Audi with 1.44 million vehicles was 10.1 percent. Porsche is also in double digits. The sports car maker sold 151,500 cars, an increase of 13.8 percent. Skoda is also on the road successfully with 865,100 units worldwide and sales growth of 12.5 percent. The Spanish subsidiary Seat was able to increase its deliveries by 10.5 percent to 326,000 units by October. VW Nutzfahrzeuge had to accept a minus of 3.9 percent with 363,900 vehicles. (AG / FM)