Volkswagen Group Increased Its Global Sales: Here Are the Durable Figures

Volkswagen Group Announces Sales Data

The Germany-based Volkswagen Group has released vehicle delivery data for the third quarter of 2023 and the period from January to September, including its brands Audi, Bugatti, Seat, Skoda, and Porsche.

1.2% Increase in Global Vehicle Sales

In the January-September period of 2023, the Volkswagen Group's global vehicle sales reached 6,524,400 units, showing an increase of 1.2% compared to the same period last year. Notably, the group's main brand Volkswagen achieved 3,492,500 vehicle sales with an increase of 2.8%.

Significant Increase in Electric Vehicle Sales

During this period, Volkswagen's electric vehicle sales increased by 42%, rising to 717,500 units. This growth is seen as an important indicator of the automotive sector's transformation and the transition to green energy.

Decline in the Chinese Market

On the other hand, vehicle deliveries in China, Volkswagen's largest market, decreased by 4% to 1,974,000 units due to price competition with local electric vehicle manufacturers. In the third quarter, deliveries in China fell by 7.2%, recording 660,300 units.

Third Quarter Sales

Sales in the July-September period reached 2,198,800 units, marking a 1% increase compared to the same quarter last year, but Volkswagen's sales declined by 0.4% to 1,172,200. Additionally, in the North American market, sales decreased by 9.8% due to U.S. import tariffs.