Orders received by the Volkswagen Group
ORDERS RECEIVED IN THE PASSENGER CARS SEGMENT IN WESTERN EUROPE
In fiscal year 2013, overall demand for passenger cars in Western Europe remained below the previous year’s level. The Volkswagen Group increased orders received for passenger cars by 6.0% year-on-year, despite the persistently strained economic situation in some Western European markets.
ORDERS RECEIVED FOR COMMERCIAL VEHICLES
Demand for the Volkswagen Group’s light commercial vehicles in the Western European markets rose slightly year-on-year. Orders were up 1.5% compared with the previous year.
Incoming orders for our trucks and buses developed well overall in fiscal year 2013. In Western Europe, our main sales market, orders received rose in the second half of the year in particular, as purchases were pulled forward because of the introduction of the new Euro 6 emission standard at the start of 2014. Orders received in South America increased due to the high transportation demand and the favorable financing conditions offered by the Brazilian Development Bank. Overall, we received orders for 218,678 (206,445) trucks and buses in the reporting period.
ORDERS RECEIVED IN THE POWER ENGINEERING SEGMENT
The long-term performance of the Power Engineering business is determined by the macroeconomic environment. Major individual orders lead to fluctuations in incoming orders during the year that do not correlate with these long-term trends.
Orders received in the Power Engineering segment in the year under review amounted to €3.9 billion. Engines & Marine Systems and Turbomachinery generated the most new orders, together accounting for 69% of the total. Orders were received for liquid gas tanker and cruise ship engines, as well as for compressor technology for a major project in China, among other things.