Finance

Volkswagen brand deliveries fall 1.4% in 2024

Published by Global Banking & Finance Review

Posted on January 24, 2025

1 min read

· Last updated: January 27, 2026

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Decline in Volkswagen deliveries amid tough competition in China - Global Banking & Finance Review
This image highlights the decline in Volkswagen's global vehicle deliveries by 1.4% in 2024, reflecting challenges faced in the electric vehicle market and competition in China.
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(Reuters) - The Volkswagen brand's global deliveries fell 1.4% to 4.8 million vehicles in 2024, with battery-electric sales down around 2.5%, Europe's top carmaker said on Thursday. "2024 was a

Volkswagen's 2024 Deliveries Decline by 1.4% Globally

(Reuters) - The Volkswagen brand's global deliveries fell 1.4% to 4.8 million vehicles in 2024, with battery-electric sales down around 2.5%, Europe's top carmaker said on Thursday.

"2024 was a difficult year worldwide," said Martin Sander, board member for sales, marketing and aftersales, pointing to a weak economy and tough competition in China, its biggest market.

Deliveries in China, where it is facing a growing swath of electric-only domestic rivals, fell 8.3% to 2.2 million vehicles.

Battery-electric vehicle sales came to just over 383,000, down from 394,000 last year, amid a regional slump in EV demand.

Still, North America deliveries improved significantly to over 592,000, an 18.4% jump.

The Volkswagen Group is expected to release its deliveries next week, with full-year results due for 2024 on March 11.

(Reporting by Andrey Sychev, Editing by Friederike Heine)

Key Takeaways

  • Volkswagen's global deliveries fell 1.4% in 2024.
  • Battery-electric sales decreased by 2.5%.
  • China deliveries dropped 8.3% due to competition.
  • North America saw an 18.4% increase in deliveries.
  • Full-year results for 2024 due on March 11.

Frequently Asked Questions

What is the main topic?
The article discusses Volkswagen's 1.4% decline in global deliveries in 2024, highlighting challenges in China and EV sales.
Another relevant question?
How did Volkswagen's sales perform in North America? North America saw a significant 18.4% increase in deliveries.
Third question about the topic?
What factors contributed to the sales decline? A weak economy and tough competition in China impacted sales.

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