VW European sales growth takes big hit

Volkswagen's European sales in November grew by just 2.4 per cent, compared with nearly 14 per cent for the industry as a whole.

Volkswagen sales growth in Europe has screeched to a near halt in November compared with both its mass-market and premium peers.

Statistics released on Tuesday by Europe's carmakers' association ACEA show that Volkswagen's sales in November grew by just 2.4 per cent, compared with nearly 14 per cent for the industry as a whole.

The German car-maker also saw its market share slide from 26.6 per cent in November 2014 to 24.3 per cent this year.

Volkswagen has been tainted by a scandal that it tinkered with software to achieve better emissions results in US testing.

European peers fared much better. Mass-market manufacturers PSA Peugeot, Renault, Ford, Opel and Fiat Chrysler Automobiles all posted double-digit growth, as did premium car-maker Daimler, up 22 per cent, and BMW, up 10 per cent.


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Source: AAP



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