04/30/2019

Volkswagen Group wins further market shares

  • 998,900 vehicles (-4.3 percent) delivered worldwide in March
  • Last month’s gains in Europe and North America could not compensate for lower deliveries in Asia and South America
  • Market shares further expanded in March in a shrinking global market
  • Group’s first-quarter deliveries totaled 2,605,600 vehicles (-2.8 percent)

Wolfsburg, April 12, 2019 — The Volkswagen Group handed over 998,900 vehicles to customers worldwide in March, corresponding to a fall of 4.3 percent compared with March 2018. In Europe (+0.6 percent) and North America (+3.7 percent), more customers took delivery of a vehicle from one of the Group brands than in the same month last year. However, this could not compensate for lower deliveries in the Asia-Pacific region (-9.9 percent) and South America (-10.2 percent). Dr. Christian Dahlheim, Head of Volkswagen Group Sales, commented: “As was the case in the first two months of the year, the Volkswagen Group again performed better than the global market in March and won further market shares. This confirms the great appeal of our brands and their products. We ended what was, as expected, a challenging first quarter with deliveries exceeding 2.6 million vehicles and high order backlogs, and are somewhat more optimistic, particularly as regards the second half of the year.”


Volkswagen Group wins further market shares
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Deliveries in the regions in March developed as follows:
In Europe, Volkswagen Group brands delivered a total of 483,100 vehicles, representing a slight increase of 0.6 percent on the same month last year. In Central and Eastern Europe, 69,900 customers took delivery of their new vehicle from one of the Group brands, 3.6 percent fewer than in March 2018. In Western Europe, Group deliveries grew 1.4 percent to 413,200 vehicles. In the home market of Germany, deliveries were 2.4 percent higher than the previous year, with 133,100 vehicles handed over to customers there.

There was also positive momentum from North America, where deliveries rose by 3.7 percent to 87,000. At 8.2 percent, growth in the USA was even stronger, with 62,500 customers taking delivery of their new Group vehicle. 15,100 vehicles (-7.8 percent) were delivered in Mexico, where the overall economic situation remained difficult.

In South America, deliveries fell by 10.2 percent to 45,500. Brazil, the region’s largest market, recorded growth of 3.9 percent. 33,700 vehicles were handed over to customers there. Overall economic conditions in Argentina remained difficult, with Group brands handing over 6,400 vehicles to customers, a sharp fall of 49.0 percent. Nevertheless, the Group also saw slight growth in its market share there.

In the Asia-Pacific region, Group brands delivered 352,700 vehicles, 9.9 percent fewer than in March 2018. In China, the region’s most important single market, the cut in the VAT rate that came into effect in April, combined with the trade conflict with the USA, heightened the reluctance to buy in the month under review. However, the 9.4 percent drop in deliveries by Group brands was less significant than shrinkage in the overall market, and the Group once again grew market shares. In total, 324,900 customers took delivery of a new vehicle in China.

Deliveries to customers by markets Mar. 2019 Mar. 2018 Change (%) Jan.-Mar. 2019 Jan.-Mar. 2018 Change (%)
Europe 483 100 480 000 +0,6 1 152 000 1 143 400 +0,8
Western Europe 413 200 407 500 +1,4 964 900 954 500 +1,1
Germany 133 100 130 100 +2,4 337 200 329 800 +2,2
Central and Eastern Europe 69 900 72 500 -3,6 187 100 188 900 -0,9
Russia 18 800 18 500 +1,6 48 200 46 100 +4,5
North America 87 000 83 900 +3,7 216 700 221 000 -2,0
USA 62 500 57 800 +8,2 150 000 148 900 +0,8
South America 45 500 50 700 -10,2 131 500 128 700 +2,2
Brazil 33 700 32 500 +3,9 94 400 74 100 +27,4
Asia-Pacific 352 700 391 400 -9,9 1 018 100 1 090 200 -6,6
China (incl. HK) 324 900 358 800 -9,4 946 600 1 010 600 -6,3
Worldwide 998 900 1 043 400 -4,3 2 605 600 2 679 800 -2,8

Deliveries to customers by brands Mar. 2019 Mar. 2018 Change (%) Jan.-Mar. 2019 Jan-Mar. 2018 Change (%)
Volkswagen Passenger Cars 542 700 584 700 -7,2 1 456 400 1 525 300 -4,5
Audi 182 800 183 700 -0,5 447 200 463 800 -3,6
ŠKODA 114 200 120 200 -5,0 307 600 316 700 -2,9
SEAT 62 700 60 400 +3,8 151 600 139 200 +8,9
Porsche 20 900 23 400 -10,6 55 700 63 500 -12,3
Volkswagen Commercial Vehicles 50 600 48 600 +4,0 125 600 114 800 +9,4
MAN 13 700 12 600 +9,2 33 600 30 600 +9,8
Scania 9500 8300 +13,9 23 600 22 600 +4,1
Volkswagen Group (total) 998 900 1 043 400 -4,3 2 605 600 2 679 800 -2,8