Volkswagen Group (which includes Volkswagen, Audi, Porsche, Skoda, SEAT and more) reports a significant decline in global vehicle sales in the first quarter of 2022, down 21.9% year-on-year to 1,898,300.
The worrying sign is that in March the decline was even higher – by 31.4% year-on-year to 655,800. According to the German manufacturer, the main reason for this is bottlenecks for semiconductors and wiring harnesses.
For sales of all-electric vehicles, the group recognizes the sales of 99 100 units in the first quarter, i.e. 65% more than a year ago. It is also 5.2% of the total world volume.
The bad news is that BEV’s production is significantly limited on the production side and the first quarter result is lower than the previous four quarters.
If only the group were able to produce more electric cars, it could easily sell them, as the bank of orders has grown to around 300,000 vehicles in Western Europe alone.
Hildegard Wortmann, Member of the Sales Group Board of Directors:
“The demand for our all-electric vehicles is very strong worldwide and our order books are therefore well filled. The increase in BEV deliveries would have been significantly higher without the current supply bottlenecks. We are counting on additional very attractive models and a successive improvement in the semiconductor situation to provide further support as the year progresses. We continue to firmly target a BEV share of 7-8% for the full year. »
The question is whether the Volkswagen Group will be able to maintain its growth in Q2?
Volkswagen Group sales:
- BEV: in regards to 99 100 (up 65.2% Year after year)
- PHEV: N / A
Plug-in hybrid sales information was not provided this time.
For reference, in 2021 the Volkswagen Group sold a record number of approximately 762,400 plug-in electric vehicles (up 80.6% compared to 422,000 plug-ins in 2020), i.e. 8.6% (new high) in total volume (9,305,000; down 4.5%).
The company was able to nearly double sales of all-electric vehicles to a new record of 452,900 and 5.1% of total volume (compared to 2.5% in 2020). Plug-in hybrid sales increased by around 61% to nearly 310,000:
- BEV: in regards to 452,900 (up 95.5% year after year) and 5.1% share
- PHEV: in regards to 309,500 (up 61% year after year) and 3.5% share
- Total: in regards to 762,400 (up 81% year after year) and 8.6% share
Volkswagen Group BEV sales increased in all major markets, but the fastest growth rate was seen in China – 360.5% year-on-year (compared to a slow start to sales of ID in the first quarter of 2021).
Europe remains the leading market for the group’s electric vehicles with a market share of 59%, compared to 29% in China and 8% in the United States.
- Europe: 58,400 (up 33.5%)
- United States: 7,900 (up 16.2%)
- China: 28,800 (up 360.5%)
- Rest of the world: 4,000 (+26.9%)
- Total: 99,100 (up 65.2% year over year)
The Volkswagen brand was responsible for the majority of all-electric vehicle sales, with a substantial contribution from Audi, Skoda and Porsche:
- Volkswagen (cars): 53,400 (up 73.7%)
- Audi: 24,200 (up 66.2%)
- Skoda: 8,800 (up 259.7%)
- HEADQUARTERS/Cupra: 2,200 (down 1.4%)
- Porsche: 9,500 (up 4.4%)
- Volkswagen (utility vehicles): 700 (up 7.3%)
- other (MALE): 200 (up 7.0%)
- Total: 99,100 (up 65.2% Year after year)
The Volkswagen ID.4 continues to be the group’s best-selling model, followed by the Volkswagen ID.3. The new Audi Q4 e-tron is now slightly ahead of the Audi e-tron. An interesting thing is that the Porsche Taycan family has outsold other models, including some mainstream and very popular ones.
- Volkswagen ID.4 – 30 300
- Volkswagen ID.3 – 13,000
- Audi Q4 e-tron (with Sportback) – 10,700
- Audi e-tron (with Sportback) – 10,300
- Porsche Taycan (with Cross Turismo) – 9,500