Volkswagen experiences that through the second quarter of 2023, its automobile gross sales in america amounted to 76,934 (down 1.7 p.c year-over-year). 12 months-to-date gross sales stand at 144,787, which is one p.c greater than a 12 months in the past, however not even near what it was a number of years in the past.
When it comes to all-electric automotive gross sales, the German model is persistently bettering its outcomes because of the native manufacturing of the ID.4 on the Chattanooga, Tennessee plant.
In Q2, 6,690 Volkswagen ID.4 have been bought within the US, which is 303 p.c greater than a 12 months in the past (from a low base, associated to restricted automobile provide), and eight.7 p.c of the entire quantity.
The one factor that caught our consideration is that the latest outcome was decrease than in Q1 (9,758) and in This autumn 2022 (9,439). It is going to be very fascinating to see whether or not it is a non permanent slowdown (associated to some security recollects described in April and Might), or perhaps the preliminary batch of orders ran dry and the corporate is now merely processing solely new orders.
Volkswagen BEV gross sales in Q2 2023:
- ID.4: 6,690 (up 303% year-over-year) and eight.7% share
To date this 12 months, Volkswagen bought within the US greater than 16,000 electrical automobiles, which is a noticeable 11 p.c of the model’s complete quantity.
Volkswagen BEV gross sales in Q2 2023:
- ID.4: 16,448 (up 273% year-over-year) and 11.4% share
For reference, in 2022, 20,511 Volkswagen ID.4 have been bought within the US, which was 6.8 p.c of the model’s complete quantity.
Cumulatively, greater than 53,000 ID.4 have been delivered to prospects within the nation. Let’s observe that Volkswagen had greater than 40,000 reservations on the finish of 2021.
An essential issue for the Volkswagen ID.4 is that it is regionally produced (in Chattanooga, Tennessee) and eligible for the complete $7,500 federal tax credit score. On high of that, batteries are additionally regionally produced within the US, by SK Innovation’s SK On in Georgia.
The entry-level Volkswagen ID.4 begins at an MSRP of $38,995 (+ $1,295 DST), which is $40,290 in complete. Nonetheless, after deducting the $7,500 incentive, it is successfully $32,790 and that is one thing that draws prospects.
Sooner or later, the ID.4 will probably be joined within the US by the Volkswagen ID. Buzz and Volkswagen ID.7.
The ID.4 is Volkswagen’s predominant MEB-based electrical mannequin, produced at a number of vegetation around the globe, together with in Zwicaku (Germany), and in Emden (Germany) and two extra vegetation in China – in Anting and Foshan (on-line since 2020). With the manufacturing unit within the US, we’re speaking about 5 websites in complete.
