The article below is sourced from Reuters Wire Service. The views and opinions expressed in this story are those of the Reuters Wire Service and do not necessarily reflect the official policy or position of NADA.
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.
"2024 was a difficult year worldwide," said Martin Sander, board member for sales, marketing and aftersales, pointing to a weak economy and tough competition in China, its biggest market.
Deliveries in China, where it is facing a growing swath of electric-only domestic rivals, fell 8.3% to 2.2 million vehicles.
Battery-electric vehicle sales came to just over 383,000, down from 394,000 last year, amid a regional slump in EV demand.
Still, North America deliveries improved significantly to over 592,000, an 18.4% jump.
The Volkswagen Group is expected to release its deliveries next week, with full-year results due for 2024 on March 11.
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