Volkswagen's Q1 sales in 2024 will increase steadily, with China and South America markets becoming the main driving forces

News on April 11, Volkswagen Group recently disclosed sales data for the first quarter of 2024. According to statistics, the group delivered 800,600 vehicles globally in March this year, a slight decrease of 1.4% from the same period last year. However, throughout the first quarter, Volkswagen's deliveries increased by 3%, totaling 2.1 million vehicles. This growth was mainly due to strong performance in China (8%), South America (14%) and North America (5%) markets.

In the first quarter of this year, although Volkswagen’s pure electric vehicle sales fell slightly to 136,400 units, a year-on-year decrease of 3%, its fuel vehicle sales increased by 4% , reaching 1.97 million units, thus making up for the decline in pure electric vehicles. Although in the Chinese market, sales of pure electric vehicles achieved an astonishing growth of 91%, although this failed to fully offset the 24% decline in the European market.

The data editor learned that in the first three months of this year, the demand for pure electric vehicles in the Western European market showed a significant growth trend. The number of new orders rose rapidly, more than double the same period last year, a surge of 154%. Currently, Volkswagen’s backlog of pure electric vehicle orders in Western Europe is close to 160,000 units.

According to regional delivery data, Volkswagen’s delivery volume in Europe was basically the same, the North American market achieved a growth of 5%, and the South American market performed particularly eye-catching, with a surge of 14% %. In the Asia-Pacific region, especially the Chinese market, Volkswagen's delivery volume achieved an 8% increase, of which the growth rate of pure electric vehicles was as high as 91%.

In addition, Volkswagen also announced the most popular pure electric models in the world in the first quarter of 2024, including ID.4/ID.5, ID.3, Audi Q4 e-tron, Skoda Enyaq, Audi Q8 e-tron and ID. Buzz, etc. These models have achieved impressive sales results around the world, further consolidating Volkswagen's leading position in the electric vehicle market.

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