Record Group Revenue and Operating Profit
Volkswagen achieved approximately €325 billion in group revenue and €19.5 billion in operating profits in 2024, despite challenging global conditions.
Strong Product Launches
Volkswagen launched more than 30 new models across its brands including Volkswagen, Skoda, CUPRA, Audi, and Porsche, receiving positive customer and trade press feedback.
North American Market Growth
Volkswagen's activities in North America recorded a strong growth of 6%, with the Volkswagen brand growing by 18%.
Electric Vehicle Sales
Volkswagen delivered 745,000 battery-electric vehicles worldwide in 2024, and expects to increase the BEV share to 10% to 14% globally in 2025.
Significant Strategic Partnerships
Volkswagen formed key partnerships with Xpeng in China and Rivian globally to enhance its software and electronic architectures.
Healthy Order Backlog
Volkswagen ended 2024 with a strong order backlog in Europe, with incoming orders in Western Europe up by 16% year-on-year.