Volkswagen Group deliveries

The Volkswagen Group delivered 8,262,776 vehicles to customers worldwide in fiscal year 2022. This was 7.0% or 619,116 units less than in the previous year. While sales figures for the Passenger Cars Business Area fell short of the prior-year figure, commercial vehicle deliveries to customers rose year-on-year, mainly due to the inclusion of Navistar as from July 1, 2021. The chart in this section shows the trend in deliveries worldwide for the individual months compared with the previous year. In the following, we report separately on deliveries in the Passenger Cars Business Area and the Commercial Vehicles Business Area.

VOLKSWAGEN GROUP DELIVERIES BY MONTH

Vehicles in thousands

GLOBAL DELIVERIES BY THE PASSENGER CARS BUSINESS AREA

With its passenger car brands, the Volkswagen Group is present in all relevant automotive markets around the world. The key sales markets currently include Western Europe, China, the USA, Brazil, Poland, Mexico, Türkiye and the Czech Republic.

Sales of Volkswagen Group passenger cars and light commercial vehicles worldwide declined by 7.6% in fiscal year 2022 to 7,957,288 units. In the reporting period, limited vehicle availability as a result of the Covid-19 pandemic and bottlenecks in the supply of parts caused by the shortage of semiconductors and the Russia-Ukraine conflict had a negative impact. In addition, disruptions in logistics resulted in delays. While Porsche, Lamborghini and Bentley delivered a higher number of vehicles to customers, none of the other Volkswagen Group brands reached their prior-year figures. We registered a year-on-year decline in sales in all regions.

With additional model launches as part of the Group’s e-mobility campaign, sales increased in the reporting period, bringing deliveries of all-electric vehicles to 572,110 units worldwide. This was 119,267 or 26.3% more units than in the previous year. Their share of the Group’s total deliveries rose to 6.9 (5.1) %. A total of 245,174 of our plug-in hybrid models were delivered (−21.2%). Total electric vehicle deliveries went up by 7.0% and their share of total Group deliveries rose year-on-year to 9.9 (8.6) %. The Group’s most successful all-electric vehicles included the ID.4 and ID.3 from Volkswagen Passenger Cars, the ŠKODA Enyaq iV, the CUPRA Born, the ID. Buzz from Volkswagen Commercial Vehicles, the Audi Q4 e-tron and Audi e-tron, as well as the Porsche Taycan and Taycan Cross Turismo.

In an overall global market that was on a level with the previous year, we achieved a passenger car market share of 11.0 (11.7) %.

The table at the end of this section gives an overview of passenger car deliveries to customers of the Volkswagen Group in the regions and the key individual markets. The sales figures for Group models in these markets and regions are explained below.

WORLDWIDE DELIVERIES OF THE MOST SUCCESSFUL GROUP MODEL RANGES IN 2022

Vehicles in thousands

Deliveries in Europe/Other Markets

In Western Europe, the Volkswagen Group delivered 2,615,864 vehicles to customers in 2022 in an overall market experiencing a slight contraction. Deliveries were thus down 5.3% on the already weak previous year. In the reporting period, limited vehicle availability as a result of the Covid-19 pandemic and bottlenecks in the supply of parts caused by the shortage of semiconductors and the Russia-Ukraine conflict had a negative impact. In addition, disruptions in logistics resulted in delays.

Customer interest in the Volkswagen Group’s electrified vehicles was strongest in Western Europe, where we delivered almost three-quarters of our plug-in hybrids and more than half of our all-electric models to customers in fiscal year 2022. In this region, electrified vehicles accounted for 19.1 (18.6) % of the Group’s total deliveries; the share of all-electric vehicles stood at 12.6 (10.5) %. The Group models with the highest sales volume were the T-Roc, Golf, Tiguan and Polo from the Volkswagen Passenger Cars brand. The ID.4 and Tiguan Allspace from Volkswagen Passenger Cars, the Audi Q3 and Q3 Sportback, the ŠKODA Kodiaq, the CUPRA Formentor and the Porsche 911 were among the models that saw positive demand. In addition, the following new or successor models introduced to the market during the previous year proved very popular with customers: the Taigo from Volkswagen Passenger Cars, the ŠKODA Fabia and Enyaq iV, the CUPRA Born, the Multivan from Volkswagen Commercial Vehicles, the Audi Q4 e-tron, Q4 Sportback e-tron and Q5 Sportback, as well as the Porsche Macan and Porsche Taycan Cross Turismo. Among others, the T-Roc, T-Roc Cabriolet and ID.5 models from Volkswagen Passenger Cars, the ŠKODA Karoq, the ID. Buzz and Amarok from Volkswagen Commercial Vehicles, the Audi A8 and the Porsche Taycan Sport Turismo were successfully launched on the market during the reporting period as new or successor models. The Volkswagen Group’s share of the passenger car market in Western Europe amounted to 23.3 (23.5) %.

In the Central and Eastern Europe region, the number of vehicles handed over to customers in 2022 was down 33.0% year-on-year. This was due in particular to the slump in sales in the Russian market as a consequence of the sanctions imposed in connection with the Russia-Ukraine conflict. The market as a whole also recorded a very sharp decline in volumes at the same time. Demand developed encouragingly for a number of models, including the Taigo and T-Roc from Volkswagen Passenger Cars, as well as for the ŠKODA Superb, the CUPRA Formentor and the Audi Q5 Sportback.

The Volkswagen Group’s share of the passenger car market in the Central and Eastern Europe region amounted to 21.7 (20.4) %.

In Türkiye, where the overall passenger car market expanded slightly, the Volkswagen Group delivered 15.7% fewer vehicles to customers than in 2021. The T-Roc from Volkswagen Passenger Cars was the most sought-after Group model. In the South African market, the number of Group models sold decreased by 1.9%, while the overall market recorded strong growth. The Polo from the Volkswagen Passenger Cars brand was the most sought-after Group model in this region.

Deliveries in Germany

In Germany, the number of Volkswagen Group vehicles handed over to customers in 2022 was up 4.0% on the weak previous year in an overall market that was at prior-year levels. In the reporting period, limited vehicle availability as a result of the Covid-19 pandemic and bottlenecks in the supply of parts caused by the shortage of semiconductors and the Russia-Ukraine conflict had a negative impact. In addition, disrupttions in the logistics chain resulted in delays.

The Group models with the highest sales volume were the Golf and T-Roc from the Volkswagen Passenger Cars brand. Demand also increased for the Tiguan, ID.4 and Arteon Shooting Brake from Volkswagen Passenger Cars, the CUPRA Formentor and the ŠKODA Karoq as well as the Audi A3, Q3, Q3 Sportback, A4 Avant and Q5, among other models. In addition, the following new or successor models introduced to the market during the previous year proved very popular with customers: the Taigo from Volkswagen Passenger Cars, the ŠKODA Fabia, the CUPRA Born, the Multivan from Volkswagen Commercial Vehicles, the Audi Q4 e-tron, Q4 Sportback e-tron and Q5 Sportback, as well as the Porsche Macan and Taycan Cross Turismo. Seven Group models led the Kraftfahrt-Bundesamt (KBA – German Federal Motor Transport Authority) registration statistics in their respective segments: the Golf, T-Roc, Tiguan, Passat, Audi A6, Porsche 911 and Multivan/Transporter. The Golf was again the most popular passenger car in Germany in terms of registrations in 2022.

Deliveries in North America

In North America, the number of Volkswagen Group models delivered to customers in the reporting period was down by 13.3% year-on-year in an overall market that saw a noticeable decline. The Group’s share of the market in this region amounted to 4.6 (4.9) %. The Tiguan Allspace and Taos from Volkswagen Passenger Cars as well as the Audi Q5 were the most sought-after Group models in North America.

In the US market, which witnessed a noticeable decline, the Volkswagen Group delivered 12.8% fewer vehicles to customers in fiscal year 2022 than in the previous year. The volume of all-electric vehicles delivered in the United States went up by 18.8% year-on-year to 44,173 units. Here, too, parts supply short-

ages acted as a drag on the Group’s sales figures. The Group models to record the greatest increases in absolute terms included the Taos and ID.4 from Volkswagen Passenger Cars, the A3 saloon and Q5 Sportback from Audi and the Porsche Cayenne. Sales of the Porsche Taycan Cross Turismo also developed encouragingly. The ID.4 and Jetta from Volkswagen Passenger Cars, the Audi Q4 e-tron, the Audi Q4 e-tron Sportback and the Porsche Macan were successfully launched on the market during the reporting period as new or successor models.

In Canada, the number of vehicles delivered to Volkswagen Group customers was down 13.1% in the reporting period compared with 2021. The overall market experienced a noticeable decline during this period. The Taos and ID.4 from Volkswagen Passenger Cars, the Audi A3 saloon, Audi Q5 Sportback and the Porsche Cayenne were some of the models that saw encouraging growth in demand.

In Mexico, where the market as a whole saw noticeable growth, we sold 16.1% fewer vehicles to customers in the past fiscal year than in the year before. Demand developed encouragingly for a number of models, including the Saveiro, Taigun and Nivus from Volkswagen Passenger Cars.

Deliveries in South America

In the South American market for passenger cars and light commercial vehicles, which was on a level with the previous year, the number of Group models handed over to customers in 2022 was down 9.0% on the prior-year figure. The Gol, T-Cross and Nivus from Volkswagen Passenger Cars were the Group models with the highest sales volumes. The Group’s share of the market in South America amounted to 11.1 (12.4) %.

In the Brazilian market, which performed at the prior-year level, the Volkswagen Group delivered 10.8% fewer vehicles to customers in the reporting period than in the previous year. Sales of the Gol, T-Cross and Nivus models from Volkswagen Passenger Cars developed particularly encouragingly.

In Argentina, the number of Volkswagen Group vehicles handed over to customers in 2022 decreased by 14.1% year-on-year in an overall market exhibiting noticeable growth. Group models with the highest sales volume were the Taos from Volkswagen Passenger Cars and the Amarok from Volkswagen Commercial Vehicles.

Deliveries in the Asia-Pacific region

In the past fiscal year, the Volkswagen Group saw deliveries to customers in the Asia-Pacific region drop by 2.7% compared with 2021 in a market that experienced slight growth overall. Parts supply shortages, especially for semiconductors, affected this region as well, and in addition, local lockdowns in China in connection with the spread of the Omicron variant of the SARS-CoV-2 virus resulted in restrictions. The Group’s share of the passenger car market in this region amounted to 10.3 (11.0) %.

In China, the recovery of the market as a whole continued at a slower pace in 2022. The Volkswagen Group delivered 3.6% fewer vehicles to customers there than in the preceding year. By contrast, the number of all-electric vehicles delivered to customers in China was up by more than two thirds year-on-year to 155,723 units. The ID.3, ID.4 X, ID.4 CROZZ, ID.6 X, ID.6 CROZZ, Passat and Talagon models from Volkswagen Passenger Cars, the Audi A3 L saloon and the Porsche Panamera, among others, introduced to the market as new or successor models during the previous year, showed a positive trend. Some of the models that saw encouraging demand were the Golf, T-Roc, CC and Magotan from Volkswagen Passenger Cars and the Audi A4 saloon and Audi Q5. The T-Roc, Bora, Lamando, Lavida, Sagitar, Tayron, Tavendor, Teramont and Viloran from Volkswagen Passenger Cars, the ŠKODA Kodiaq and the Q2L e-tron, Q4 e-tron, Q5 e-tron, Q6, e-tron GT and Audi A7L saloon from Audi were successfully launched on the market during the reporting period as new or successor models.

In the Indian passenger car market, which recorded strong growth, the Volkswagen Group registered a surge in demand of over 80% in fiscal year 2022 compared with the weak previous year. The new Taigun from the Volkswagen Passenger Cars brand as well as the new Kushaq from ŠKODA, which was introduced in the previous year, were the most sought-after Group models there. The Virtus from Volkswagen Passenger Cars, the Kodiaq and the Slavia from ŠKODA and the Porsche Taycan saloon were successfully launched on the market during the reporting period as new or successor models.

In Japan, the number of Group vehicles delivered to customers in 2022 was down 6.8% year-on-year in an overall market experiencing a noticeable decline. Among other models, sales figures for the Golf from Volkswagen Passenger Cars and the Audi Q5 Sportback developed encouragingly.

COMMERCIAL VEHICLE DELIVERIES

In fiscal year 2022, the Volkswagen Group delivered 12.6% more commercial vehicles to customers worldwide than in the previous year. We delivered a total of 305,488 commercial vehicles to customers. Trucks accounted for 254,313 units (+10.5%) and buses for 29,591 units (+56.8%). A total of 21,584 (−2.8%) vehicles from the MAN TGE van series were delivered. The American commercial vehicle manufacturer Navistar became a TRATON GROUP brand on July 1, 2021. Navistar’s sales totaled 81,888 units in the reporting period.

In the 27 EU states excluding Malta, but plus the United Kingdom, Norway and Switzerland (EU27+3), sales in the reporting period were down by 2.9% on the previous year to a total of 115,532 units, of which 89,061 were trucks and 5,041 were buses. Here, the MAN brand delivered 21,430 vehicles from the MAN TGE van series.

As a result of the sanctions imposed in connection with the Russia-Ukraine conflict, sales in Russia fell year-on-year to 1,557 (11,293) units, comprising 1,550 trucks and 7 buses. Since the conflict began, no orders for new vehicles have been accepted in Russia.

In fiscal year 2022, deliveries in Türkiye were on a level with the previous year, at 4,413 (4,398) vehicles. Trucks accounted for 4,122 units and buses for 201 units, while 90 vehicles from the MAN TGE van series were sold. In South Africa, deliveries of Volkswagen Group commercial vehicles decreased by 6.6% year-on-year to a total of 3,681 units; of this figure 3,204 were trucks and 477 were buses.

Sales in North America rose to 82,824 (31,869) vehicles in the reporting year; this included 68,903 trucks and 13,921 buses. From July 1, 2021, the figures also include Navistar’s sales (78,988) whose vehicles were above all handed over to customers in the United States.

Deliveries in South America decreased to a total of 76,152 vehicles (–2.1%) in 2022, of which 68,211 were trucks and 7,941 were buses. Sales in Brazil were down by 8.3%. Of the units delivered, 53,704 were trucks and 5,926 were buses.

In the Asia-Pacific region, the Volkswagen Group sold 11,446 vehicles in the reporting year; among these, 10,528 were trucks and 911 were buses. Overall, this was 5.7% less than in the previous year.

DELIVERIES IN THE POWER ENGINEERING SEGMENT

Orders in the Power Engineering segment are usually part of major investment projects. Lead times typically range from just under one year to several years, and partial deliveries as construction progresses are common. Accordingly, there is a time lag between incoming orders and sales revenue from the new construction business.

In 2022, sales revenue in the Power Engineering segment was largely driven by Engines & Marine Systems and Turbomachinery, which together generated more than three quarters of overall sales revenue.