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(Created page with "''Return to: Discussions | Volkswagen | Deliveries'' === Brand deliveries === {| class="wikitable" !'''Brand''' !January<ref name=":0">https://u...")
 
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!'''Brand'''
!'''Brand'''
!January<ref name=":0">https://uploads.vw-mms.de/system/production/files/cws/039/994/file/ee363e0b9d779723fb7a4a855cf67cac68184704/20240215_Deliveries_Tables.pdf?1708071907</ref>
!January<ref name=":0">https://uploads.vw-mms.de/system/production/files/cws/039/994/file/ee363e0b9d779723fb7a4a855cf67cac68184704/20240215_Deliveries_Tables.pdf?1708071907</ref>
!Y/Y
!February<ref name=":1">https://uploads.vw-mms.de/system/production/files/cws/040/131/file/a3f1183b854b4497943db097f40b20b9d6ea3a95/20240315_Deliveries_Tables.pdf?1710494655</ref>
!Y/Y
!Y/Y
|-
|-
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|'''518,200'''
|'''518,200'''
|'''14.5%'''
|'''14.5%'''
|'''446,000'''
|'''3.0%'''
|-
|-
|Volkswagen Passenger Cars
|Volkswagen Passenger Cars
|382,900
|382,900
|18.0%
|18.0%
|298,400
| -1.7%
|-
|-
|SKODA
|SKODA
|67,000
|67,000
|7.1%
|7.1%
|70,900
|9.3%
|-
|-
|SEAT/CUPRA
|SEAT/CUPRA
|37,000
|37,000
|2.2%
|2.2%
|43,100
|22.0%
|-
|-
|Volkswagen Commercial Vehicles
|Volkswagen Commercial Vehicles
|'''31,300'''
|'''31,300'''
|'''7.1%'''
|'''7.1%'''
|33,600
|13.9%
|-
|-
|'''Brand Group Progressive'''
|'''Brand Group Progressive'''
|131,000
|'''131,000'''
|12.7%
|'''12.7%'''
|'''109,800'''
|'''-13.6%'''
|-
|-
|Audi
|Audi
|129,500
|129,500
|13.2%
|13.2%
|108,400
| -13.4%
|-
|-
|Bentley
|Bentley
|700
|700
| -36.9%
| -36.9%
|700
| -34.4%
|-
|-
|Lamborghini
|Lamborghini
|800
|800
|5.5%
|5.5%
|700
| -14.3%
|-
|-
|'''Brand Group Sport Luxury'''
|'''Brand Group Sport Luxury'''
|'''26,600'''
|'''26,600'''
|'''6.9%'''
|'''6.9%'''
|'''22,400'''
| -7.2%
|-
|-
|Porsche
|Porsche
|26,600
|26,600
|6.9%
|6.9%
|22,400
| -7.2%
|-
|-
|'''Brand Group Trucks'''
|'''Brand Group Trucks'''
|'''22,400'''
|'''22,400'''
|'''-1.5%'''
|'''-1.5%'''
|'''27,300'''
|'''-2.6%'''
|-
|-
|MAN
|MAN
|6,500
|6,500
| -4.7%
| -4.7%
|8,400
| -4.2%
|-
|-
|Volkswagen Truck & Bus
|Volkswagen Truck & Bus
|4,000
|4,000
| -11.3%
| -11.3%
|3,500
| -15.7%
|-
|-
|Scania
|Scania
|7,200
|7,200
|38.2%
|38.2%
|9,400
|24.6%
|-
|-
|Navistar
|Navistar
|4,700
|4,700
| -24.5%
| -24.5%
|6,000
| -20.9%
|-
|-
|'''Volkswagen Group (total)'''
|'''Volkswagen Group (total)'''
|'''698,200'''
|'''698,200'''
|'''13.3%'''
|'''13.3%'''
|'''605,500'''
|'''-1.1%'''
|-
|-
|Market reaction
|Market reaction
|
|
|0%
|0%
|
|
|}
|}


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!Deliveries to customers by markets
!Deliveries to customers by markets
!January<ref name=":0" />
!January<ref name=":0" />
!Y/Y
!February<ref name=":1" />
!Y/Y
!Y/Y
|-
|-
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|224,600
|224,600
| -3.0%
| -3.0%
|241,500
|5.6%
|-
|-
|Central and Eastern Europe
|Central and Eastern Europe
|32,400  
|32,400  
|8.2%
|8.2%
|39,500
|9.9%
|-
|-
|North America
|North America
|66,300
|66,300
| -1.0%
| -1.0%
|71,000
|1.6%
|-
|-
|South America
|South America
|35,400
|35,400
| -0.2%
| -0.2%
|37,700
|28.5%
|-
|-
|China
|China
|290,900
|290,900
|43.3%
|43.3%
|164,000
| -16.7%
|-
|-
|Asia-Pacific Rest
|Asia-Pacific Rest
|20,900
|20,900
| -16.3%
| -16.3%
|22,200
| -18.2%
|-
|-
|Middle East/Africa
|Middle East/Africa
|27,700
|27,700
|13.7%
|13.7%
|29,500
|20.8%
|-
|-
|'''Worldwide'''
|'''Worldwide'''
|'''698,200'''
|'''698,200'''
|'''13.3%'''
|'''13.3%'''
|'''605,500'''
|'''-1.1%'''
|}
|}


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''Assessment: The sharp rise in Volkswagen China deliveries was probably due to the weak comparison associated with last year's Chinese New Year celebrations which fell on January. Still, Volkswagen underpermed the China market [growth rate](<nowiki>https://www.automobilwoche.de/agenturmeldungen/pca-chinesischer-automarkt-zieht-im-januar-kraftig</nowiki>) of 58% in January''<ref>https://www.automobilwoche.de/agenturmeldungen/pca-chinesischer-automarkt-zieht-im-januar-kraftig</ref>''.''
''Assessment: The sharp rise in Volkswagen China deliveries was probably due to the weak comparison associated with last year's Chinese New Year celebrations which fell on January. Still, Volkswagen underpermed the China market [growth rate](<nowiki>https://www.automobilwoche.de/agenturmeldungen/pca-chinesischer-automarkt-zieht-im-januar-kraftig</nowiki>) of 58% in January''<ref>https://www.automobilwoche.de/agenturmeldungen/pca-chinesischer-automarkt-zieht-im-januar-kraftig</ref>''.''
==== February ====
* Volkswagen Group deliveries fell by 1.1% y/y to 698,200 in February, hit be a sharp decrease in China.
* China deliveries declined 16.3% y/y to 290,900 while deliveries to Western Europe rose by 5.6% y/y to 224,600, an improvent from -3% in January.
* However, in the first two months of 2024, total deliveries are up 6.1% to 1.30 million, above the guided overall growth rate of 3% in 2024.
* Among the major brands, Audi saw the highest decline of 13.4% y/y to 108,400.  ''Assessment: It’s good to see the overall growth rate (+6.1%) in the first two months exceeding the mangement overall guidance of 3% for 2024. If the trend continues into March, then Q1 could earnings could be better than guided. It also good that Volkswagen ouperform the overall market growth rate in China (-21%) this time round''<ref>https://forum.investmentwiki.org/t/automotive-industry-china/304/8</ref>''.''
== References ==
Retrieved from "https://investmentwiki.mywikis.eu/wiki/Special:MobileDiff/11193"