Volkswagen Passenger Cars’ global car sales reported year-on-year growth of 0.9% to 1.02 million units in the first quarter of 2023. However, it also indicates a major decline from Q1 2019’s record of more than 1.45 million units.
Volkswagen Passenger Cars global BEV sales – Q1 2023
VW’s all-electric car sales enjoyed a YoY growth of 31.2% to 70,000 in Q1 2023. That figure represents about 6.9% of the overall volume, a slight increase from 2022’s record of 5.3%.
However, that result also indicates a significant decline from Q3 and Q4 2022’s records of 91,200 and 118,000, respectively.
Best-selling models
Volkswagen Group disclosed in its Q1 2023 report that the top-selling models were the ID.4/ID.5 duo, with sales of 41,900 units. The VW ID.3 followed it with 23,600 sales.
Below are VW’s top models in Q1 2023 in terms of sales:
VW Models | Sales |
Volkswagen ID.4/ID.5 | 41,900 |
Volkswagen ID.3 | 23,600 |
other models | 4,500 |
Total | 70,000 (up 31.2% YoY) and 6.9% share |
Year-to-date, VW reported BEV sales of 141,000 units, a significant increase from the 99,200 units a year ago.
Volkswagen Passenger Cars global BEV sales – 2022
In retrospect, VW’s BEV sales enjoyed a YoY growth of 23.5% to 325,100 units globally in 2022. Of that total, the majority (around 170,000) was contributed by the VW ID.4.
2022 results:
VW Models | Sales |
Volkswagen ID.4 | about 170,000 |
Volkswagen ID.3 | 76,600 |
Volkswagen ID.6 | 37,400 |
Volkswagen ID.5 | about *23,000 |
other models | 17,900 |
Total | 325,100 |
See Also:
- Volkswagen plans to produce EV batteries in Indonesia, forms partnerships with major companies
- Volkswagen to build 44,000 ID. Buzz in 2023
- 2023 Volkswagen ID.4 – Review, Pricing and Specifications
- Volkswagen to construct a new battery production plant in Canada
- Volkswagen joins price war in China, offers up to $5,820 off for its ID. series EVs
It will be fascinating to observe if the Volkswagen brand picks up momentum later this year as it currently does not seem to be increasing BEV sales quickly enough in comparison to several competitors.
Interestingly, the brand seems to be betting on its new ID.7 model to drive sales in the coming quarters,
“We started the year on a sound footing for all-electric vehicles with a 68 percent increase in Europe and double the number of vehicles delivered in the USA. At the Shanghai Auto Show this week, we demonstrated how we are responding to the challenges we face in this segment in China, and in March we already saw sales there increase year-on-year.
The Volkswagen ID.701, which has just been unveiled, will give us further tailwind in all core markets. We will keep our sights on our ambitious goal of BEVs accounting for around one in ten vehicles delivered globally to customers this year.”
Hildegard Wortmann, member of the Extended Executive Committee for Sales