Orders received by the Volkswagen Group
ORDERS RECEIVED IN THE PASSENGER CARS SEGMENT IN WESTERN EUROPE
In fiscal year 2014, demand for passenger cars in Western Europe was up year-on-year thanks to the positive development of the region’s markets. This trend is also reflected in the orders received, which increased by 6.8% compared with the previous year.
ORDERS RECEIVED FOR COMMERCIAL VEHICLES
Demand for the Volkswagen Group’s light commercial vehicles in the Western European markets rose slightly year-on-year. At 301,781 vehicles, orders were up 7.1% compared with the previous year.
Incoming orders for our trucks and buses decreased overall in the reporting period. In Western Europe, our main sales market, orders declined due to the introduction of the new Euro 6 emission standard at the start of 2014. The weak economic situation in South America, particularly Brazil and Argentina, also had a negative impact on orders. Overall, we received orders for 204,732 (218,678) trucks and buses in fiscal year 2014.
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 2014 amounted to €3.9 billion. Engines & Marine Systems and Turbomachinery generated the most new orders, together accounting for almost three-quarters of the order volume. Orders were received for liquid gas tanker and cruise ship engines, as well as for compressor technology for a major project in Oman, among other things.