Volkswagen Group deliveries

The Volkswagen Group delivered 8,881,957 vehicles to customers worldwide in fiscal year 2021. This was 4.5% or 423,034 units less than in the previous year. While sales figures for the Passenger Cars Business Area fell short of the prior-year figure, commercial vehicle deliveries to customers rose year-on-year. The chart in this section shows the trend in deliveries worldwide for the individual months compared with the previous year. In the following, we report separately on deliveries in the Passenger Cars Business Area and the Commercial Vehicles Business Area.

VOLKSWAGEN GROUP DELIVERIES BY MONTH

Vehicles in thousands

GLOBAL DELIVERIES BY THE PASSENGER CARS BUSINESS AREA

With its passenger car brands, the Volkswagen Group is present in all relevant automotive markets around the world. The key sales markets currently include Western Europe, China, the USA, Brazil, Russia, Mexico, Turkey and Poland.

Sales of Volkswagen Group passenger cars and light commercial vehicles worldwide declined by 5.5 % in fiscal year 2021 to 8,610,747 units. Market conditions that resulted from the uncertainty and the measures taken around the world in connection with the Covid-19 pandemic have had a material impact on the prior-year figure. With regard to the trend in our deliveries to customers, there were some appreciable differences across individual countries and regions in the reporting year, depending on the latest infection rates, the related restrictions and the scale of disruption caused by the pandemic in the prior-year period. Furthermore, supply bottlenecks for semiconductors and the resulting limited availability of Group models meant that demand could not be adequately met in some regions, particularly from the third quarter of 2021 onwards. While the number of vehicles delivered to customers in the individual months of the first half of 2021 only failed to exceed the prior-year figure in January, the number of vehicles delivered to customers in the second half of the year was below the comparative figure for the previous year in every month. Nevertheless, SEAT, Bentley, Lamborghini and Porsche all surpassed their prior-year figures. In the North America, South America, Middle East and Africa regions, we registered higher sales figures than in the previous year.

The Group’s sales figures continued to respond positively to its e-mobility campaign. In the fiscal year now ended, we delivered 452,944 all-electric vehicles to customers worldwide, 221,317 units or 95.5 % more than in the previous year and accounting for 5.1 (2.5) % of the Group’s total deliveries. Our plug-in hybrid models also remained very popular with our customers, with 309,462 units being sold (previous year: 191,970). As a result, electric vehicle deliveries climbed by 80.0 %, with their share of total Group deliveries rising to 8.6 (4.6) %. The Group’s most successful all-electric vehicles included the ID.4, ID.3 and e-up! from the Volkswagen Passenger Cars brand, the Audi e-tron and Audi Q4 e-tron, the ŠKODA Enyaq iV, the SEAT Mii electric and the Porsche Taycan. The most popular plug-in hybrid models included the Golf, Passat Estate and Tiguan from Volkswagen Passenger Cars, the Audi A3 Sportback and Audi Q5, the ŠKODA Octavia Combi and ŠKODA Superb Combi, the SEAT Leon Sportstourer, the CUPRA Formentor and the Porsche Cayenne.

In an overall global market exhibiting moderate growth, we achieved a passenger car market share of 11.7 (12.9) %.

The table at the end of this section gives an overview of passenger car deliveries to customers of the Volkswagen Group in the regions and the key individual markets. The sales figures for Group models in these markets and regions are explained in the following sections.

WORLDWIDE DELIVERIES OF THE MOST SUCCESSFUL GROUP MODEL RANGES IN 2021

Vehicles in thousands

Deliveries in Europe/Other Markets

In Western Europe, the Volkswagen Group delivered 2,761,568 vehicles to customers in 2021 in an overall market experiencing a slight contraction. This was 3.1 % fewer than in the previous year, which had been strained by the pandemic. While the course of the Covid-19 pandemic and the restrictions introduced to contain it weighed on demand for Group models in the first quarter of 2021, there was an acceleration in demand, particularly at the beginning of the second quarter, as compared with the same quarter of the previous year, which had been affected most by the pandemic. This meant that the sales volume at the end of the first half of the year was higher than the comparable figure for 2020. From the third quarter of 2021 onwards, supply bottlenecks for semiconductors and the resulting limited availability of Group models increasingly meant that demand could not be adequately met. Consequently, the number of sales to customers fell again by the end of the year to below the prior-year figure. Customer interest in the Volkswagen Group’s electric vehicles was strongest in Western Europe, where we delivered around three-quarters of our plug-in hybrids and nearly two-thirds of our all-electric models to customers in 2021.

Electric vehicles accounted for approximately 18.6 % of the Group’s total deliveries in Western Europe. The Group models with the highest sales volume were the T-Roc, Golf, Polo and Tiguan from the Volkswagen Passenger Cars brand. In addition, the following new or successor models introduced to the market in the previous year proved very popular with customers: the T-Roc Cabriolet, Arteon Shooting Brake, ID.3 and ID.4 from the Volkswagen Passenger Cars brand, the A3 saloon, A3 Sportback and e-tron Sportback from Audi, the ŠKODA Octavia saloon and the CUPRA Formentor. In the reporting period, the Polo, Taigo and Tiguan Allspace models from Volkswagen Passenger Cars, the Fabia and Kodiaq from ŠKODA, the Arona and Ibiza from SEAT and the Porsche Macan, as well as the all-electric e-tron GT, Q4 e-tron and Q4 Sportback e-tron from Audi, Enyaq iV from ŠKODA, CUPRA Born and Porsche Taycan Cross Turismo were among the vehicles successfully launched on the market as new or successor models. The new Multivan from Volkswagen Commercial Vehicles also celebrated its market debut. The Volkswagen Group’s share of the passenger car market in Western Europe amounted to 23.5 (23.7) %.

In the Central and Eastern Europe region, the number of vehicles handed over to customers in 2021 was down 4.3 % year-on-year. At the same time, the overall market recorded slightly higher volumes. Demand developed encouragingly for the T-Cross and T-Roc models from Volkswagen Passenger Cars, for the ŠKODA Rapid, Kamiq and Karoq and for the SEAT Arona. The Taos was one of the new models successfully launched by Volkswagen Passenger Cars. The Volkswagen Group’s share of the passenger car market in the Central and Eastern Europe region amounted to 20.5 (22.0) %.

In Turkey, the Volkswagen Group delivered 0.6 % more vehicles to customers than in 2020 despite the distinct overall market downtrend in the previous fiscal year. The Passat saloon was the most sought-after Group model. In the South African market, the number of Group models sold increased by 12.6 %, a somewhat slower rise than that registered in the overall market. The Polo from the Volkswagen Passenger Cars brand remained the most sought-after Group model in this region.

Deliveries in Germany

In Germany, the number of Volkswagen Group vehicles handed over to customers in 2021 was down 10.0 % on the pandemic-related weak prior year in an overall market that saw a noticeable decline. After the impact of the Covid-19 pandemic and early purchases made in the fourth quarter of 2020 in anticipation of the expiry of the temporary reduction in value-added tax (VAT) weighted on the volume of deliveries in the first quarter, demand recovered during the second quarter. Consequently, the volume of vehicles sold at the end of the first half of the year was higher than the comparative figure for 2020. The limited vehicle availability resulting from bottlenecks in the supply of semiconductors had an increasing impact on the Group’s deliveries from the third quarter of 2021, and the number of vehicles handed over to customers therefore fell short of the prior-year figure again by the end of the year. The Group models with the highest sales volume were the Golf and Passat Estate from the Volkswagen Passenger Cars brand. In addition, the T-Roc Cabriolet and Arteon Shooting Brake together with the ID.3 and ID.4 from Volkswagen Passenger Cars, the Audi e-tron Sportback and the CUPRA Formentor, which had all been introduced as new or successor models the previous year, were very popular with customers. Eight Group models led the Kraftfahrt-Bundesamt (KBA – German Federal Motor Transport Authority) registration statistics in their respective segments: the up!, Golf, T-Roc, Tiguan, Passat, Audi A6, Porsche 911 and Multivan/Transporter. The Golf was again the most popular passenger car in Germany in terms of registrations in 2021.

Deliveries in North America

In North America, the number of Volkswagen Group vehicles delivered to customers in the reporting period climbed by 11.8 % compared with the previous year, which had been weakened by the pandemic, and thus outperformed the overall market. The Group’s share of the market in this region amounted to 4.9 (4.6) %. The Tiguan Allspace and Jetta from Volkswagen Passenger Cars were the most sought-after Group models in North America.

In the US market, which is witnessing moderate growth, the Volkswagen Group delivered 12.6 % more vehicles to customers in fiscal year 2021 than in the previous year. The volume of all-electric vehicles delivered in the United States tripled year-on-year to 37,179 units. Here, too, bottlenecks in the supply of semiconductors had a negative impact on the Group’s sales figures from the third quarter onwards. The Group models to record the greatest increases in absolute terms were the Tiguan Allspace, Atlas and Atlas Cross Sport from Volkswagen Passenger Cars, the Q3, Q5 and e-tron from the Audi brand and the Macan and Taycan from Porsche. The Taos and the Tiguan Allspace from Volkswagen Passenger Cars, the Audi A3 saloon and Audi Q5 Sportback and the Porsche Panamera, as well as the all-electric ID.4 from Volkswagen Passenger Cars, e-tron GT and Q4 e-tron from Audi and the Porsche Taycan Cross Turismo were successfully launched on the market during the reporting period as new or successor models.

In Canada, the number of vehicles delivered to Volkswagen Group customers rose in the reporting period by 18.3 % compared with 2020. The overall market recorded a smaller increase during this period. The Tiguan Allspace and Atlas Cross Sport from Volkswagen Passenger Cars, the Audi Q3 and the Porsche Macan were some of the models to register encouraging volume growth.

In Mexico, where the market as a whole is seeing distinct growth, we sold 3.4 % more vehicles to customers in the past fiscal year than in the year before. The Group models with the highest volume of demand were the Vento and the new Taos from the Volkswagen Passenger Cars brand, and the SEAT Ibiza.

Deliveries in South America

In the South American market for passenger cars and light commercial vehicles, which is seeing significant growth, the number of Group models handed over to customers in 2021 was down 0.8 % on the prior-year figure. The Gol, T-Cross and the Nivus from Volkswagen Passenger Cars were the Group models with the highest demand. The new Taos from Volkswagen Passenger Cars was successfully launched on the market. The Group’s share of the market in South America amounted to 12.4 (14.1) %.

In the Brazilian market, which is seeing slight growth, the Volkswagen Group delivered 7.5 % fewer vehicles to customers in the reporting period than in the previous year. Together with the Gol and the T-Cross, the Nivus from Volkswagen Passenger Cars was in especially high demand.

In Argentina, the number of Volkswagen Group vehicles handed over to customers in 2021 decreased by 2.4 % year-on-year in an overall market exhibiting noticeable growth. The Group models with the highest volume of sales were the Gol, the Nivus and T-Cross from Volkswagen Passenger Cars and the Amarok from Volkswagen Commercial Vehicles.

Deliveries in the Asia-Pacific region

In the past fiscal year, the Volkswagen Group saw deliveries to customers in the Asia-Pacific region drop by 12.5 % compared with 2020 in a market that is experiencing moderate growth overall. Bottlenecks in the supply of semiconductors were most prevalent in this region and had an increased impact from the third quarter of 2021 onwards. The Group’s share of the passenger car market in this region amounted to 10.9 (13.1) %.

In China, the recovery of the market as a whole continued at a slower pace in 2021. The Volkswagen Group delivered 14.1 % fewer vehicles to customers there than in the preceding year. By contrast, the number of all-electric vehicles delivered to customers in China more than quadrupled year-on-year to 92,681 units. Particularly high demand was recorded for the new or successor models introduced in the course of 2020, these being the Tacqua, Tiguan X, Tayron X and Viloran from Volkswagen Passenger Cars, the VS7 from the JETTA brand, the Audi A5 Sportback, Audi Q7 and Audi e-tron, and the Porsche Taycan. Demand also developed encouragingly for models such as the Q3 and Q3 Sportback from Audi and the Porsche Macan. The Tiguan L, Passat, Talagon, CC Shooting Brake, Teramont and Teramont X models from Volkswagen Passenger Cars, the Audi A3L saloon and Audi Q5L Sportback, and the Porsche Panamera, as well as the all-electric ID.3, ID.4 X, ID.4 CROZZ, ID.6 X and ID.6 CROZZ from Volkswagen Passenger Cars were successfully launched on the market during the reporting period as new or successor models.

In the Indian passenger car market, which is recording substantial growth, the Volkswagen Group registered a surge in demand of over 80 % in fiscal year 2021 compared with the weak previous year. The Polo and the new Taigun from the Volkswagen Passenger Cars brand together with the new Kushaq and the Rapid from ŠKODA were the most sought-after Group models there.

In Japan, the number of Group vehicles delivered to customers in 2021 was down 2.1 % year-on-year in an overall market experiencing a moderate decline. The Group models to recorded the highest demand were the T-Cross and T-Roc from Volkswagen Passenger Cars.

COMMERCIAL VEHICLE DELIVERIES

In fiscal year 2021, the Volkswagen Group delivered +42.6 % more commercial vehicles to customers worldwide than in the same period of the previous year, when demand was affected by a slump in core markets, which had been further intensified by the uncertainty generated by the Covid-19 pandemic. We delivered a total of 271,210 commercial vehicles to customers. Trucks accounted for 230,151 units (+47.2 %) and buses for 18,857 units (+16.6 %). A total of 22,202 (+25.9 %) vehicles from the MAN TGE van series were delivered. From July 1, 2021, the figures also include Navistar’s sales (29,876).

In the 27 EU states excluding Malta, but plus the United Kingdom, Norway and Switzerland (EU27+3), sales in the reporting period were up by 13.2% on the previous year to a total of 119,029 units, of which 92,038 were trucks and 5,451 were buses. Here, the MAN brand delivered 21,540 vehicles from the MAN TGE van series.

In Russia, sales rose year-on-year to 11,293 (8,486) units, comprising 11,232 trucks and 61 buses.

In fiscal year 2021, deliveries in Turkey increased to 4,398 (2,681) vehicles. Trucks accounted for 4,204 units and buses for 28 units, while 166 vehicles from the MAN TGE van series were sold. In South Africa, deliveries of Volkswagen Group commercial vehicles increased by 26.7% year-on-year to a total of 3,942 units; of this figure 3,610 were trucks and 332 were buses.

Sales in North America rose in the reporting year to 31,869 vehicles (1,502); this included 25,815 trucks and 6,054 buses. From July 1, 2021, the figures also include Navistar’s sales (29,003) whose vehicles were above all handed over to customers in the United States.

Deliveries in South America increased to a total of 77,774 vehicles (+57.5%) in 2021, of which 72,955 were trucks and 4,812 were buses. Sales in Brazil were up by 59.1%. Of the units delivered, 61,571 were trucks and 3,434 were buses. From July 1, 2021, the figures also include Navistar’s sales (873).

In the Asia-Pacific region, the Volkswagen Group sold 12,140 vehicles in the reporting year; among these, 11,262 were trucks and 860 were buses. Overall, this was 6.3% more than in the previous year.

DELIVERIES IN THE POWER ENGINEERING SEGMENT

Orders in the Power Engineering segment are usually part of major investment projects. Lead times typically range from just under one year to several years, and partial deliveries as construction progresses are common. Accordingly, there is a time lag between incoming orders and sales revenue from the new construction business.

Sales revenue in the Power Engineering segment was largely driven by Engines & Marine Systems and Turbomachinery, which together generated more than two-thirds of overall sales revenue. Until October 2020, this included the business of Renk.