Volkswagen’s Sales Decline in 2024

The core brand of the Volkswagen Group, Volkswagen, faced a 1.4% drop in sales, totaling 4.8 million units in 2024. The sales of electric vehicles also experienced a decrease of 2.5%, reaching 383,000 units.
 

Sales Collapse in China

Volkswagen struggled significantly in China due to increasing competition from Chinese manufacturers. The German automaker sold 2.2 million vehicles, marking a decline of 8.3% compared to the previous year.

In North America, Volkswagen achieved success, delivering 592,000 vehicles with an 18.4% sales increase. Sales in South America rose by 21.1%, reaching 479,000 units. However, in its home market of Europe, sales dropped by 1.7%, amounting to 1.25 million units.

Volkswagen Group is expected to release delivery figures next week and announce its 2024 financial results on March 11.