(Reuters) – The Volkswagen (ETR:) model’s international deliveries fell 1.4% to 4.8 million autos in 2024, with battery-electric gross sales down round 2.5%, Europe’s high carmaker mentioned on Thursday.
“2024 was a tough 12 months worldwide,” mentioned Martin Sander, board member for gross sales, advertising and aftersales, pointing to a weak financial system and difficult competitors in China, its largest market.
Deliveries in China, the place it’s dealing with a rising swath of electric-only home rivals, fell 8.3% to 2.2 million autos.
Battery-electric car gross sales got here to only over 383,000, down from 394,000 final 12 months, amid a regional stoop in EV demand.
Nonetheless, North America deliveries improved considerably to over 592,000, an 18.4% leap.
The Volkswagen Group is predicted to launch its deliveries subsequent week, with full-year outcomes due for 2024 on March 11.
