Volkswagen Group's automobiles distributions drop 2.3 percent in 2024

2025-01-15 12:42:37

(MENAFN) Volkswagen Group’s vehicle distributions decreased by 2.3 percent to 9.03 million in the previous month because of decreasing trades all over China, based on a new report.

The group involves car varieties such as Volkswagen, Audi, Bugatti, Seat, Skoda, as well as Porsche.

Battery electric vehicle (BEV) trades dropped by 3.4 percent to 744,800 vehicles in the past year, whereas BEV trades in China, which is the group’s biggest trades market, surged by 12 percent to 40,100.

Volkswagen Group’s distributions in China decreased 9.5 percent to 3.2 million; distributions to Europe dropped 0.4 percent to nearly 3.3 million vehicles, and distributions to North America jumped 6.4 percent to a little more than 1 million vehicles.

Electric vehicles (EVs) contributed for 8.3 percent of the group's overall trades.

The group’s distributions of Volkswagen-branded automobiles dropped by 1.4 percent to 4.8 million in the previous month because of decreasing trades in China.

MENAFN15012025000045016755ID1109091421

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.