Orders received by the Volkswagen Group
ORDERS RECEIVED IN THE PASSENGER CARS SEGMENT IN WESTERN EUROPE
In the reporting year, orders received in Western Europe fell by 17.8% compared with the previous year as a result of the pandemic. All key markets fell short of the previous year’s level. The scale of decline varied from country to country: while Germany was markedly down on the previous year, the United Kingdom, France, Italy and Spain were significantly or sharply below the equivalent prior-year figure.
ORDERS RECEIVED FOR COMMERCIAL VEHICLES
Orders received for mid-sized and heavy trucks, for buses and for commercial vehicles from the MAN TGE van series decreased by 4.8% year-on-year to 216,251 vehicles in 2020. The decline was attributable to both the truck and bus markets. The overall market downturn expected for 2020 was amplified by the uncertainty arising from the Covid-19 pandemic, especially in the second quarter of the year. However, there was a noticeable recovery in the second half of 2020.
ORDERS RECEIVED IN THE POWER ENGINEERING SEGMENT
The long-term performance of the Power Engineering business is determined by the macroeconomic environment. Individual major 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 2020 amounted to €3.4 (4.3) billion. Engines & Marine Systems and Turbomachinery generated more than two-thirds of the order volume in a persistently difficult market environment. Until October 2020, this included the business of Renk.
In the marine business, for example, orders for 30 dual fuel engines were placed in 2020 in a project for five ice-breaking LNG tankers. In the power plant business, orders were won for 35 engines of different types with an aggregate output of 350 MW. For turbomachinery, we received several orders for compressor trains and floating production and storage units, as well as two engineering orders for carbon capture and storage in the North Sea.