Orders received by the Volkswagen Group
ORDERS RECEIVED IN THE PASSENGER CARS SEGMENT IN WESTERN EUROPE
Due to the positive development of Western European markets, demand for passenger cars increased in fiscal year 2015 compared to the previous year. This was also reflected in our orders received; these were 4.0% higher than in the year before. All key markets in the region contributed to this rise.
ORDERS RECEIVED FOR COMMERCIAL VEHICLES
Demand for the Volkswagen Group’s light commercial vehicles in the Western European markets rose year-on-year in 2015. At 290,771 vehicles, orders received were down 3.6% compared with the previous year.
Incoming orders for mid-sized and heavy trucks and buses declined overall in 2015, with orders received for 184,637 vehicles (−9.8%). In Western Europe, our main sales market, positive economic stimulus gave a boost to incoming orders. In South America, however, the deterioration in the economic situation had a negative impact on the order intake.
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 2015 amounted to €3.4 billion. Engines & Marine Systems and Turbomachinery generated the most new orders, together accounting for almost three-quarters of the order volume.
In addition to the order for twelve self-produced dual-fuel engines for the world’s biggest crane vessel, orders were also received for an air compressor with the world’s highest flow rate in air separation and, in China, for the first mechanical drive turbine of the new gas turbine family. In addition, a private power producer in Bangladesh ordered six engines with total power output of 111 MW.