VOLKSWAGEN GROUP DELIVERS 2.49 MILLION VEHICLES IN FIRST QUARTER / INCREASE OF 1.8 PERCENT

April 17, 2015 by Volkswagen

• 968,300 vehicles handed over in March / +2.3 percent

• Group Board Member for Sales Christian Klingler: 'No guarantee this will be successful year.'

Wolfsburg, April 17, 2015 – The Volkswagen Group delivered 2.49 million vehicles from January to March (January-March 2014: 2.44; +1.8 percent). The Company handed over 968,300 (March 2014: 946,900; +2.3 percent) vehicles to customers in the month of March. 'The delivery trend for the first three months shows there is no guarantee this will be a successful year', Group Board Member for Sales Christian Klingler said in Wolfsburg on Friday. 'We saw positive momentum in Western Europe. However, uncertainty – sometimes significant – continues to prevail on markets in Central and Eastern Europe as well as South America', Klingler continued.

Group brands delivered a total of 1.02 (0.98; +4.1 percent) million vehicles on the overall European market in the first quarter, of which 556,100 (525,100; +5.9 percent) were handed over in Western Europe (excluding Germany). 314,800 (288,700; +9.1 percent) customers chose a new vehicle from the Group in the home market of Germany, while Europe's largest automaker delivered 147,500 (165,000; -10.6 percent) units in Central and Eastern Europe. In Russia 43,500 (68,300; -36.4 percent) customers took possession of a new vehicle.

The Company delivered 205,800 (197,800; +4.1 percent) vehicles in the North America region from January to March, of which 131,600 (133,500; -1.4 percent) were handed over in the United States. The Volkswagen Group delivered 152,800 (185,400; -17.6 percent) vehicles to customers in the South America region during the same period, of which 110,900 (142,300; -22.1 percent) were handed over in Brazil.

The Group recorded slight growth in deliveries in the Asia-Pacific region and reached the million mark for the first time in the first quarter of a year, handing over 1.00 (0.98; +2.1 percent) million vehicles to customers there, of which 898,400 (881,100; +2.0 percent) units were delivered in China, the Group's largest single market.

Outline of developments at Group brands

The Volkswagen Passenger Cars brand delivered 1.48 (1.50; -1.3 percent) million vehicles to customers worldwide in the first quarter of 2015.

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The premium brand Audi handed over 438,200 (412,800) vehicles in the first three months of the year, an increase of 6.1 percent.

The sports car manufacturer Porsche delivered a total of 51,100 (38,700) vehicles, representing an increase of 32.2 percent compared with the previous year.

The Czech brand ŠKODA delivered 265,100 (247,200) vehicles from January to March, a rise of 7.2 percent.

SEAT handed over 102,700 (93,400; +10.0 percent) vehicles to customers worldwide in the first quarter.

Volkswagen Commercial Vehicles delivered 108,200 (103,200; +4.8 percent) vehicles during the same period.

The MAN brand delivered 22,100 (26,400; -16.4 percent) units from January to March.

The Swedish brand Scania delivered 17,500 (18,800; -7.1 percent) heavy trucks and buses to customers in the period to March.