VW Group says 2020 global sales slide slowed by higher EV demand

VW Group says 2020 global sales slide slowed by higher EV demand

FRANKFURT — Volkswagen Group stated greater gross sales of battery-powered and plug-in hybrid automobiles helped to offset plunging demand in its international markets in 2020 brought on by the coronavirus pandemic.

World deliveries fell 15 p.c to 9.Three million final yr, VW stated in a statement.

The determine contains gross sales of the VW, Audi, Porsche, Skoda and Seat manufacturers, in addition to its VW business automobiles, Scania and MAN heavy truck models.

The gross sales slide slowed in December when deliveries declined 3.2 p.c in contrast with December 2019.

VW Group’s Spanish-based Seat model had the worst gross sales efficiency in 2020 with full-year deliveries down 26 p.c, adopted by Skoda, whose quantity fell by 19 p.c. VW model’s deliveries dropped by 15 p.c, Audi was down 8.Three p.c and Porsche was down 3.1 p.c.

China, VW Group’s greatest market, had the bottom gross sales decline as a result of the nation rebounded from the pandemic quicker than the remainder of the phrase. The group’s deliveries in China fell 9.1 p.c to 4.23 million. Gross sales in Europe have been down 21 p.c to three.6 million. U.S. gross sales dropped 12 p.c to 574,800.

Electrical push

VW Group’s gross sales chief, Christian Dahlheim stated the corporate’s technique to develop its lineup of electrified vehicles is paying off.

“We’re significantly happy that we hit the bottom operating in our e-offensive despite the pandemic. We are going to sustain the momentum this yr, including many extra enticing electrical fashions,” he stated within the assertion.

VW model launched the ID3 full-electric hatchback in Europe this yr and can roll out globally its ID4 crossover this yr.

Gross sales of full-electric vehicles from the group’s VW, Audi and Porsche manufacturers rose threefold to 231,600 final yr. The ID3 was the group’s top-selling battery-powered mannequin, adopted by the Audi e-tron. Gross sales of plug-in hybrid automobiles elevated 175 p.c to 190,500.

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