Volkswagen Passenger Automobiles stories that its international automobile gross sales through the first 9 months of this yr amounted to three.335 million (together with China), which is 12% lower than a yr in the past.

Regardless of decrease gross sales, revenues truly elevated by 6.1% to €52 billion, whereas the working outcome greater than doubled (up 103%) to €2.5 billion (4.7% working return on gross sales).

In the meantime, its all-electric automobile gross sales amounted to 207,200 (up 23.5% year-over-year), together with 91,200 in Q3 (up 21.8%). It implies that ID. fashions characterize about 6.2% of the full quantity to this point this yr.

Contemplating that in 12 months of 2021 Volkswagen bought over 263,000 all-electric vehicles, with a good This autumn, the corporate ought to be capable of set a brand new document results of probably over 300,000 items.

Nonetheless, the expansion fee stays beneath expectations – like within the case of your entire group – which was largely attributable to exterior components associated to manufacturing constraints.

The highest-selling all-electric Volkswagen is the Volkswagen ID.4/ID.5 duo (counted collectively by the producer) with about 55,800 items bought in Q3 and 122,600 through the first 9 months.

The ID.4 is a particular mannequin, produced in 5 factories all over the world: two in Germany (Zwicaku and Emden), two in China (FAW-Volkswagen in Foshan, and SAIC Volkswagen in Anting) and one within the US (Chattanooga, Tennessee).

The second hottest Volkswagen is the ID.3 at 45,500, whereas the third is ID.6 at 27,500.

An necessary factor to notice is that, in China, to this point this yr, Volkswagen bought 104,700 ID. fashions (ID.3, ID.4 and ID.6), which is greater than 50% of the full 207,200. That is a fairly stunning final result, which highlights that leads to Europe (Volkswagen’s primary market) are far decrease than they need to be in accordance with plan.

It is going to be very fascinating to see how issues will change in This autumn and additional in 2023, contemplating stronger and stronger competitors.