Volkswagen Group's 2023 Sales Increased

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Volkswagen Group's 2023 sales report: Increase in global sales, significant growth in electric vehicles, and decline in China.
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Volkswagen Group Third Quarter Sales Report

The Germany-based Volkswagen Group, which includes the brands Audi, Bugatti, Seat, Skoda, and Porsche, has announced vehicle delivery data for the third quarter of 2023 and the January-September period.

According to the statements made, the Volkswagen Group's global vehicle sales reached 6,524,400 units, representing a 1.2% increase compared to the same period last year during the January-September period of 2023. This increase was an important indicator of a revival in the automotive market.

Volkswagen Brand Performance

The group's main brand, Volkswagen, saw vehicle sales increase by 2.8% to 3,492,500 units during this period. Notably, there was significant growth in electric vehicles. Electric vehicle sales reached 717,500 units, a 42% increase compared to the same period last year.

Situation in the Chinese Market

However, in China, the largest market for the Volkswagen Group, sales declined by 4%, falling to 1,974,000 units. The competition among electric vehicle suppliers led to price reductions and affected sales.

Third Quarter Results

In the third quarter of 2023, the Volkswagen Group's vehicle sales increased by 1% compared to the same period last year, reaching 2,198,800 units. However, sales for the main brand Volkswagen were recorded at 1,172,200, a decrease of 0.4%. In the North American market, a 9.8% decrease was observed due to rising import tariffs.

Conclusion and Future Expectations

As a result, the Volkswagen Group's third quarter performance shows an overall positive outlook despite challenges in some markets. The growth in electric vehicle sales is noted as a promising development for the group's future.

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Volkswagen Group, vehicle sales, electric vehicles, Chinese market, automotive industry, 2023 sales data

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