Volkswagen: Most Important Markets: Difference between revisions

Line 208: Line 208:
==== United States ====
==== United States ====


* United States accounted for 74% of the total passenger vehicles(759,791) and 80% of the total commercial vehicles(82,824) delivered to customers in North America in 2022<ref>https://annualreport2022.volkswagenag.com/group-management-report/business-development/deliveries.html#:~:text=The%20Volkswagen%20Group%20delivered%208%2C262%2C776,than%20in%20the%20previous%20year.</ref> .
* United States accounted for 74% of the total passenger vehicles(759,791) and 80% of the total commercial vehicles(82,824) delivered to customers in North America in 2022<ref name=":9">https://annualreport2022.volkswagenag.com/group-management-report/business-development/deliveries.html#:~:text=The%20Volkswagen%20Group%20delivered%208%2C262%2C776,than%20in%20the%20previous%20year.</ref> .


=== South America ===
=== South America ===
Line 329: Line 329:
|}
|}


=== United States ===
=== North America ===
 
* Volkswagen said that in 2022 it had a market share of '''4.6%''' in North America(2021: 4.9%)<ref name=":9" />.
* It has a group goal of 10% market share by 2030<ref>https://media.vw.com/en-us/releases/1741</ref>.
 
==== United States ====


* According to Statista, Volkswagen had an estimated market share of 3.6% in 2022, far below the leading brands such as General Motors(17.09%), Toyota(15.17%), Ford(13.92%), Stellantis(11.66%) and Hyundai(10.94%)<ref>https://www.statista.com/statistics/249375/us-market-share-of-selected-automobile-manufacturers/</ref>.
* According to Statista, Volkswagen had an estimated market share of 3.6% in 2022, far below the leading brands such as General Motors(17.09%), Toyota(15.17%), Ford(13.92%), Stellantis(11.66%) and Hyundai(10.94%)<ref>https://www.statista.com/statistics/249375/us-market-share-of-selected-automobile-manufacturers/</ref>.
Line 370: Line 375:
|BMW
|BMW
|2.72%
|2.72%
|}
=== South America ===
* Volkswagen said that in 2022 it had a market share of '''11.1%'''(2021: 12.4%)<ref name=":9" />.
* South America is expected to grow by 11% a year until 2030-making it one of the fastest growing markets in the world<ref name=":10">https://www.volkswagen-newsroom.com/en/press-releases/volkswagen-brand-invests-one-billion-euros-for-growth-in-south-america-17431</ref>.
==== Brazil ====
* By 2027, Volkswagen plans to grow by 40% in Brazil<ref name=":10" />.
{| class="wikitable"
|+
!Brand
!Market Share in H1 2021<ref>https://fiatgroupworld.com/2021/08/29/1-in-5-of-the-vehicles-sold-in-latin-america-is-branded-stellantis/</ref>
|-
|Stellantis
|19.9%
|-
|Renault
|15.6%
|-
|Volkswagen
|13.5%
|-
|General Motors
|12.5%
|-
|Hyundai
|10.6%
|-
|Toyota
|9.5%
|-
|Ford
|3.4%
|-
|Honda
|3.1%
|}
|}


== References ==
== References ==