Volkswagen vehicle deliveries fell 1.4 % year-on-year in 2024, the German carmaker said on Thursday, dragged down by fierce competition in China. In China, VW's most important market, sales plunged by 8.
The Volkswagen brand's global deliveries fell 1.4% to 4.8 million vehicles in 2024, with battery-electric sales down around 2.5%, Europe's top carmaker said on Thursday.
China, Xpeng and Volkswagen
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.
China's Xpeng Motors and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast electric vehicle charging networks in China, the automakers said on Monday.
Volkswagen Group China and XPeng have signed a memorandum of understanding (MoU) to establish one of China's “largest super-fast” charging networks. This collaboration will leverage the technological expertise of both companies to provide an extensive charging infrastructure for electric vehicles (EVs) across China.
The outgoing Biden Administration will impose new bans in the United States on Chinese automotive software and hardware starting next week.
The ailing German brand, facing plant closures at home and declining sales of its once vaunted EVs, hopes the ID. Buzz can revitalize consumer interest.
China’s new energy vehicle (NEV) market raced ahead last year, fueled by government subsidies and evolving consumer preferences, underlining the nation’s commitment to green mobility. However, challenges such as an ongoing price war,
Volkswagen saw sales drop in China and Europe, but they were practically offset by significant gains in North and South America
Joining the China-only Q6L e-tron, the long-wheelbase sibling of the A6 e-tron for the rest of the world may debut in April 2025 at the Shanghai Auto Show