The Volkswagen Group (which incorporates Volkswagen, Audi, Porsche, Skoda, Seat, Cupra, and extra) stories 2,524,100 world car gross sales throughout the fourth quarter of 2023 (up 14.4% year-over-year). The overall quantity in 2023 amounted to 9,239,500 (up 11.8% year-over-year), near the 2020 degree (9.3 million).

By way of battery-electric car (BEV) gross sales, the corporate improved its outcomes, reaching a report quarter and 12 months, though not with out challenges.

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Volkswagen Group BEV gross sales will increase

In 2023, the whole Volkswagen Group all-electric car gross sales exceeded 771,000, which is nearly 35% greater than in 2022, and an 8.3% share of the whole quantity. The highest electrical automobiles had been the Volkswagen ID.4/ID.5 duo with over 223,000 gross sales.

In This autumn, Volkswagen Group’s all-electric car gross sales amounted to about 239,500 (up 16% year-over-year). That is the very best quarterly outcome ever, however the comparatively low progress charge signifies that it wasn’t simple (the Volkswagen model barely elevated its BEV gross sales in This autumn).

BEVs accounted for 9.5% of the whole quantity, which is the brand new highest degree, though solely barely higher than a 12 months in the past (9.3%).

Volkswagen Group BEV gross sales in This autumn’2023 (YOY change):

• Whole: 239,500 (up 16%) and 9.5% share

In 2023, the group bought greater than 771,000 all-electric automobiles around the globe—35% greater than in 2022, reaching a brand new report BEV share of 8.3%.

Volkswagen Group BEV gross sales in Q1-This autumn’2023 (YOY change):

• Whole: 771,100 (up 35%) and eight.3% share

For reference, in 2022, Volkswagen Group bought about 572,100 all-electric automobiles (up 26% year-over-year), which on the time was 6.9% of the whole quantity.

Whereas the Volkswagen Group’s all-electric car gross sales enhance, the amount is decrease than initially anticipated. The German producer was not capable of sustain with Tesla and BYD’s progress charge.

Nonetheless, Oliver Blume, CEO of the Volkswagen Group mentioned: “We’re happy with the market success of our robust manufacturers and fashions. It’s optimistic that each one main manufacturers and all areas are rising. We’re resolutely driving ahead the transformation. In 2023, we delivered 35 p.c extra all-electric automobiles to prospects. We’re additionally properly positioned this 12 months with quite a few engaging new merchandise regardless of ongoing challenges.”

Europe stays the most important BEV marketplace for the Volkswagen Group (61% in 2023), though that is additionally a supply of challenges as a result of the scenario in Europe is troublesome. We heard a number of instances that Volkswagen’s most important electrical automobile manufacturing unit in Germany was lowering or quickly pausing manufacturing. In This autumn, the gross sales degree in Europe decreased by over 6% year-over-year, which could be very telling.

The second largest market is China, which is answerable for a couple of quarter of all Volkswagen Group’s BEV gross sales.

BEV gross sales in This autumn’2023:

• Europe: 131,300 (down 6.3%) and 55% share
• U.S.: 20,800 (up 36%)
• China: 74,700 (up 73%)
• Remainder of the world: 12,700 (up 72%)
• Whole: 239,500 (up 16% year-over-year)

BEV gross sales in Q1-This autumn’2023:

• Europe: 472,400 (up 34%) and 61% share
• U.S.: 71,000 (up 61%) and 9.2% share
• China: 191,800 (up 23%) and 25% share
• Remainder of the world: 35,800 (up 75%)
• Whole: 771,100 (up 35% year-over-year)

By way of all-electric car gross sales, the Volkswagen model is the most important one with over 393,700 items bought in 2023, though its charge of progress lags behind a lot of the different group’s manufacturers. Audi is the robust second with over 178,000 BEV gross sales.

Gross sales in This autumn’2023:

• Volkswagen (automobiles): 120,600 (up 2%)
• Audi: 55,400 (up 34%)
• Skoda: 27,200 (up 62%)
• Seat/Cupra: 13,000 (down 6%)
• Porsche: 12,700 (up 31%)
• Volkswagen Business Autos: 9,600 (up 66%)
• different (MAN, Volkswagen Truck & Bus, Scania, Navistar): 910 (up 82%)
• Whole: 239,500 (up 16% year-over-year)

Gross sales in Q1-This autumn’2023:

• Volkswagen (automobiles): 393,700 (up 21%)
• Audi: 178,400 (up 51%)
• Skoda: 81,700 (up 52%)
• Seat/Cupra: 45,300 (up 44%)
• Porsche: 40,600 (up 17%)
• Volkswagen Business Autos: 29,300 (up 288%)
• different (MAN, Volkswagen Truck & Bus, Scania, Navistar): 2,100 (up 21%)
• Whole: 771,100 (up 35% year-over-year)

With none shock, the Volkswagen ID.4 (counted by the producer along with the ID.5 coupe model) and the Volkswagen ID.3 continued to be the best-selling fashions inside the group.

Choose BEV mannequin gross sales (for which information can be found) in This autumn’2023:

• Volkswagen ID.4/ID.5 – 61,000
• Volkswagen ID.3 – 50,300
• Audi This autumn e-tron (incl. Sportback) – 33,800
• Skoda Enyaq iV (incl. Coupé) – 27,300
• Cupra Born – 13,000
• Porsche Taycan (all variations) – 12,744
• different fashions – 41,356
• Whole: 239,500 (up 16% year-over-year)

In 2023, the Volkswagen Group bought 223,100 Volkswagen ID.4/ID.5, which is nearly 29% of all BEV gross sales.

The Volkswagen ID.3 is the second finest with 140,800 items. Some of the fascinating issues is that out of that some 75,700 Volkswagen ID.3 had been bought in China (nearly 54%). For reference, Chinese language ID.4 gross sales amounted to shut to twenty-eight% of ID.4/ID.5 world gross sales.

Choose BEV mannequin gross sales (for which information can be found) in Q1-This autumn’2023:

• Volkswagen ID.4/ID.5 – 223,100
• Volkswagen ID.3 – 140,800
• Audi This autumn e-tron (incl. Sportback) – 111,700
• Skoda Enyaq iV (incl. Coupé) – 81,700
• Audi Q8 e-tron/e-tron (incl. Sportback) – 49,000
• Cupra Born – 45,300
• Porsche Taycan (all variations) - 40,629
• Volkswagen ID. Buzz (incl. Cargo) – 28,600
• different fashions – 50,271
• Whole: 771,100 (up 35% year-over-year)

A number of the fashions are very comparable and provided by completely different manufacturers. We will distinguish two teams, which when counted collectively, have a dominant share within the total outcome:

• MEB-based hatchbacks: 186,100 (24% of all BEVs)
  Volkswagen ID.3 and Cupra Born
• MEB-based crossover/SUVs: 416,500 (54% of all BEVs)
  Volkswagen ID.4/ID.5, Audi This autumn e-tron (incl. Sportback) and Skoda Enyaq iV (incl. Coupé)
• all different fashions mixed: 168,500 (22% of all BEVs)

In 2024, the Volkswagen Group intends to launch a number of new all-electric fashions, together with the Volkswagen ID.7 Tourer (property model of the ID.7), and the Volkswagen ID. Buzz with a protracted wheelbase (LWB), Cupra Tavascan (one other cousin of the ID.4), and the 2 first fashions primarily based on the all-new Premium Platform Electrical (PPE) system: Audi Q6 e-tron and the Porsche e-Macan.

A few of these automobiles (Volkswagen ID. Buzz and the ID.7, Audi Q6 e-tron, and Porsche e-Macan) are coming to the U.S.