Volkswagen Optimistic Going Forward Despite Dip In 2024 Sales
18/03/2025 14:39 Share
Volkswagen Optimistic Going Forward Despite Dip In 2024 Sales
Volkswagen Commercial Vehicles experienced a drop in both sales and operating profit last year, according to its annual financial report.
One of the commercial industry’s most prominent brands, Volkswagen revealed a four per cent decrease in sales globally to 404,000 vehicles in 2024, while operating profit fell from 2023’s figure of 873 million euros to 743 million euros
However, VW says sales revenue of 15.12 billion euros was largely on a par with the previous year, while the dip in operating profit is otherwise justified by restructuring efforts within the business.
Despite this, VW has sounded its optimism of a positive rebound for 2025 on the back of the recent launch of the seventh generation VW Transporter, its best-selling model.
With 52,000 orders in the book by March, the Transporter – which is based on the same platform as the Ford Transit Custom – is complemented its passenger equivalent, the Caravelle. Both models, together with the VW ID.Buzz Cargo, Caddy, Crafter, Multivan and California are all categorised under VW’s commercial arm.
Carsten Intra, Chairman of the VWCV Brand Board of Management, said: “We had announced that there would be a host of new models for 2024 – and we delivered.
“In March, VWCV presented another derivative of the all-electric VW Bus with the ID. Buzz GTX, followed in May by the all-new California based on the Multivan.
“In addition to the premieres, there were updates for almost all other models – from the innovative 4Motion in the Multivan to the Caddy in the PHEV version and the new Crafter.
“We now have the best product offering for our business and leisure customers!”
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