VW sales hit 10-year low in 2021, BMW races ahead
>> Reuters
Published: 13 Jan 2022 12:40 AM BdST Updated: 13 Jan 2022 12:43 AM BdST
-
A Volkswagen logo is seen as it launches its ID.6 and ID.6 CROZZ SUV at a world premiere ahead of the Shanghai Auto Show, in Shanghai, China Apr 18, 2021. REUTERS/Aly Song
Volkswagen Group posted its lowest sales figures in 10 years in 2021 at 8.9 million deliveries, the carmaker said on Wednesday, and it said it expected supply chain conditions to remain volatile in the first half of this year.
By contrast, luxury carmaker BMW saw record deliveries of 2.21 million vehicles from the BMW brand, a success attributed in part to its ability to adapt to supply chain shortages.
The Volkswagen brand saw an 8.1% drop in sales to just under 4.9 million units, with the biggest fall in China at 14.8%, although battery-electric vehicle sales in the country quadrupled.
"Under unusually challenging circumstances, Volkswagen reached a satisfying sales result," sales and marketing chief Klaus Zellmer said. "However, the huge effects of chips on production were not able to be fully compensated."
BMW rival Daimler reported last Friday that Mercedes-Benz sales dropped 5% in 2021, losing its crown to BMW for the first time in five years as the premium carmaker with most vehicles sold worldwide.
Performance for the premium carmakers was weakest in Europe, with the BMW and Mini brands registering just 3.9% growth and Mercedes-Benz an 11.2% drop.
North America was a strong market for all three carmakers. Mercedes-Benz registered 0.4% growth in the United States and BMW 19.5%. Volkswagen saw 13% growth in the region.
Sales of hybrid or fully-electric vehicles rose across the industry, particularly in Europe, where they constituted between a fifth and a quarter of deliveries - but remained a small proportion of total global sales.
At the Volkswagen Group, for example, battery-electric vehicles constituted 5.1% of deliveries - double last year's figure, but a fraction of the carmaker's 2030 target of 50%.
-
Tesla hit by lawsuit over racial abuse
-
Toyota unveils its first mass-market hybrid car for India
-
Japan pushes to remove G7 zero-emission vehicle target
-
Going electric means 'even more unique' cars: Ferrari
-
Tesla leads in self-driving vehicle crashes: US regulator
-
Pay more to import high-end vehicles
-
Tesla continues China hiring event after Musk job warning
-
Apple dives deeper with software for car dashboard
-
India's Maruti Suzuki to phase out pure petrol-powered cars in 10 years
-
Tesla hit by new lawsuit alleging racial abuse against Black workers
-
Toyota charts new course in India with its first mass-market hybrid car
-
Ferrari to churn out gas guzzlers on its slow road to electric
-
Japan pushes to remove zero-emission vehicle target from G7 statement, draft shows
-
Ferrari says going electric means 'even more unique' cars
Most Read
- Life in Dhaka takes a hit as blackouts are back with vengeance
- Ex-BCL leader sets himself on fire at Press Club in Dhaka
- Bangladesh is gearing up to open its first river tunnel by the end of 2022
- New footage shows delayed medical response to George Floyd
- Bangladesh to celebrate Eid-ul-Azha on Jul 10
- Ajmer Sharif cleric arrested over 'incendiary remarks' against Nupur Sharma
- Drastic fall in passenger numbers forces owners to cut Dhaka-Barishal launch fares
- A BGB woman gives birth near Padma Bridge toll plaza
- Grim power outlook as Hasina flags surging cost amid energy crisis
- Bangladesh jails teacher for 8 years over 'blasphemous' Facebook posts