Volkswagen Group España Distribución (VGED), responsible for distributing vehicles, parts, and spare parts for several brands of the German giant in the country, is experiencing a sweet moment. Despite the challenges of the European automotive sector, it closed 2025 with record revenue figures. The Barcelona-based company achieved a turnover of 5,045 million euros, after growing 23% over the previous year, and breaks the 5,000 million mark for the first time.
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VGED supplies dealerships in Spain with the brands Volkswagen, Volkswagen Commercial Vehicles, Audi, Škoda, and Ducati. The increase in figures is supported by the organic growth of the brands and their businesses in general, notes VGED president, Paco Pérez Botello. It should also be taken into account that vehicle prices have grown significantly in recent years and the offer has also varied, which helps improve the sales mix with larger and higher-cost cars.
Furthermore, VGED’s scope has grown, because in 2024 it added the commercialization of Ducati motorcycles, and has been growing in other areas. The group is also responsible for the distribution of parts and spare parts to workshops and the provision of services. “We hope to continue growing in the coming years and consolidate ourselves as one of the largest companies in the country,” says Pérez Botello. In addition to the pull of revenues, profit climbed from 27.3 million to 44.3 million in the last fiscal year, a 60% jump and another record high.
According to Seat SA’s accounts, VGED achieved a result of 44 million euros in 2025, up 60%
As part of its activity, it distributes vehicles manufactured at Volkswagen’s Navarra plant or the Audi A1, which until now was manufactured in Martorell. The bulk, in any case, is vehicles manufactured in European plants of the German group, so it acts as an importer and distributor for the Audi Q4 or Škoda Octavia that it markets in the country from German or Czech plants, for example. Through its activity, it reaches 398 facilities of 112 dealerships. The company assures that the profitability of the commercial network stands at 2.5%, “well above that recorded by the sector average.” According to data from the official dealership association Faconauto, in 2025 the average profitability was 1.38%.
VGED, founded in 1993, is a curious case in the national structure of the German giant. Volkswagen does not have a subsidiary in Spain as such. It has several companies that form an ecosystem, notably Seat SA –owner of Seat or Cupra–, Porsche Ibérica SA –for the sports brand–, or Volkswagen Group Retail Spain –responsible for its own dealerships–. For accounting reasons, VGED consolidates into Seat SA’s accounts, although operationally it reports to Germany and does not depend on it. This also occurs with the Volkswagen plant in Navarra, whose company is included in Seat SA’s accounts, although operationally it does not depend on it.
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For Seat, the situation pays off, because both report dividends that have allowed it to improve its results in a year marked by strong investments for its electrification and tariffs on the Tavascan. If under German accounting Seat earned barely one million euros in 2025, with Spanish accounting it was 41 million euros thanks to contributions from VGED and other consolidated companies, as well as tax credits. VGED contributed 27.3 million euros in dividends, while Volkswagen Navarra did the same with 77.6 million.
In total, the brands it distributes registered 182,000 units, a 13% increase over 2024
Back to its strengths, the brands distributed by the company totaled 182,000 registrations in Spain last year, with a 13% increase over the previous year. In passenger cars, it grew by 11%, with 160,000 units, and the market share remains stable at around 14%. VGED points out that these figures are achieved “despite the fragmentation derived from the arrival of new brands,” at a time of booming Chinese alternatives. In commercial vehicles, a record was also achieved, with 22,000 units and a 30% increase. Ducati, for its part, registered 2,800 units between Spain and Portugal.
Headquartered in Barcelona’s Zona Franca, VGED employed around 470 workers at the end of the fiscal year, about 30 of whom work in Madrid, where it has a smaller representative office.
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