Success of new models and exports of Made-in-India models set the company on a Sustainable Growth Momentum
› VW Group brands – ŠKODA, Volkswagen, Audi, Porsche and Lamborghini showcase exceptional growth in 2022
› Cumulative sales (Domestic + Exports) stood at 134,667 units
› Domestic sales grew by 86% over 2021 with 101,270 units sold and Exports stood at 33,397 units
› Group sales crossed five-digits in the month of December 2022, paving the way for sustained growth momentum in 2023
› The resounding success of the Made-in-India models built on the Group’s versatile MQB-A0-IN platform has played a crucial role in delivering significant volumes
› ŠKODA KUSHAQ and Volkswagen Taigun achieved a 5-star rating in Global NCAP crash tests – the first cars ever to receive 5 stars for Child Occupant Protection as well as 5 stars for Adult Occupant Protection by Global NCAP
› Engineered in India, Driven by the World: The Group commenced exports of the Made-in-India models – Volkswagen Taigun, Volkswagen Virtus and ŠKODA KUSHAQ
› 1.5 Million production milestone crossed last year
› The Group’s Aurangabad facility successfully switches to 100% Green Energy
Backed by the strong sales performance of its five Group brands and the resounding success of its Made-in-India models, ŠKODA AUTO Volkswagen India Private Limited (SAVWIPL) clocked exceptional growthwith 1,01,270 units sold this year, while exports stood at 33,397 units. Sales were up 86% year-on-year as compared to 2021. Continuing with its aggressive product offensive, the Group introduced 20+ model updates through the year across its five brands – ŠKODA, Volkswagen, Audi, Porsche, and Lamborghini.
Expressing delight at the Group’s performance, Piyush Arora, Managing Director and CEO of ŠKODA AUTO Volkswagen India Private Limited, said: “We have much to be proud of in 2022. The significant growth across our Brands, robust demand and record-breaking sales are a testimony to the success story we have been scripting. While challenges around the ongoing chip shortage and increasing input costs continued, we successfully re-calibrated, taking action with agility and speed to minimize the impact of these. Our Made-in-India models are rapidly gaining popularity and universal recognition, for their world-class quality, robustness and stylish designs, and have opened new customer segments and markets for us. India is one of the key markets for the Group and will continue to contribute strongly to our global operations. We are committed to India and will intensify our customer focus with an exciting model portfolio across segments, focusing on safety and driving dynamics and consistent efforts towards optimizing total cost of ownership. Our growth levers are in place and we are confident that we will continue to build on this momentum with the right mix of products, technologies and a growing footprint. We are fully geared to charge ahead on this growth trajectory with a clear focus on creating value for our customers and stakeholders.”
Christian Cahn von Seelen, Executive Director – Group Sales & Marketing, SAVWIPL, said: “The last twelve months have been quite rewarding. For VW and ŠKODA, 2022 saw us rolling out the complete INDIA 2.0 portfolio, with both brands clocking significant sales growth. Audi showcased solid performance in volume. Our Sports and Supersports car brands – Porsche and Lamborghini are scaling new heights, with an exciting portfolio of unique vehicles, thrilling experiences and exhilarated customers all over India. Our luxury EVs, the Audi e-tron and Porsche Taycan achieved remarkable resonance in the market. We continue to work tirelessly to make our cars robust, safe and desirable. With over 40 active and passive safety features as standard and a host of cutting-edge technologies our cars offer the most advanced equipment to enhance the safety and driving experience of our customers.”
During the year, the sales volumes for brands ŠKODA AUTO and Volkswagen have been robust. ŠKODA AUTO India registered its highest-ever sales volume with a growth of 125%. Volkswagen India grew by 58%, its highest in the last 5 years. The Group’s luxury brands, Audi, Porsche and Lamborghini maintained their upward trajectory with strong double-digit growth. SAVWIPL continued to take significant measures towards ‘Sustainable Growth’ under its ‘goTOzero’ mission with the Aurangabad plant transitioning to 100% Green Energy. The successful performance in 2022 has set the right note and will drive the growth momentum for the Group in 2023.