Volkswagen Passenger Automobiles report that its world automotive gross sales through the fourth quarter of 2023 amounted to nearly 1.4 million items (up 13% year-over-year). The whole quantity in 2023 was 4.87 million (up 6.7% year-over-year).
The corporate additionally noticeably elevated its all-electric automotive gross sales in 2023, though the speed of progress has not too long ago weakened to only a few p.c.
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Volkswagen BEV’s gross sales progress disappoints
In 2023, the Volkswagen model offered some 394,000 all-electric passenger automobiles globally, which is 21% greater than a 12 months in the past and eight% of the entire quantity. Nonetheless, the corporate not too long ago has skilled many challenges in rising BEV gross sales, particularly in Europe.
In This autumn, Volkswagen offered some 121,000 all-electric automobiles (calculated because the distinction between the annual end result and the earlier quarters), which is a brand new quarterly report. However, in comparison with This autumn 2022, the model improved BEV gross sales by solely 2.5% year-over-year.
Not solely that, the share of BEVs out of the entire quantity amounted to eight.7%, which is noticeably lower than a 12 months in the past (9.6%). It is a warning signal.
In a separate report later this month, we are going to have a look additionally on the broader Volkswagen Group BEV gross sales and a number of the different manufacturers throughout the group, relying on the information availability.
The model doesn’t report detailed gross sales outcomes of the actual fashions.
Volkswagen Passenger Automobiles BEV gross sales in This autumn 2023:
In 2023, the Volkswagen model offered roughly 394,000 all-electric automobiles globally. That is 21% greater than a 12 months in the past and eight.1% of the entire quantity.
Volkswagen Passenger Automobiles BEV gross sales in Q1-This autumn 2023:
Complete: 394,000 (up 21% year-over-year) and eight.1% share
For reference, in 2022, 325,100 Volkswagen BEVs have been offered globally (up 23.5% year-over-year), which on the time was 7.1% of the entire quantity.
The Volkswagen model reveals that its largest BEV markets—in absolute figures—have been “China, Germany, the US, the UK, Sweden, France, Norway, and Belgium”.
An fascinating factor is that in China, the Volkswagen ID.3 mannequin famous greater than 75,000 gross sales in 2023 (up over 200% year-over-year). Different highlights embrace about 30,000 Volkswagen ID.4 gross sales in Germany (up 62.9%) and about 38,000 ID.4 gross sales within the U.S. (up 82.2%).
Nonetheless, the expansion fee is now considerably decrease than within the case of many different OEMs: