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| Volkswagen market share declines in September | Volkswagen market share declines in September |
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| Volkswagen lost ground against its competitors in September in a strong month for European car sales, as the German carmaker seeks to recover from the emissions-rigging scandal. | Volkswagen lost ground against its competitors in September in a strong month for European car sales, as the German carmaker seeks to recover from the emissions-rigging scandal. |
| Volkswagen’s share of the EU car market fell to 23.3% last month - from 23.6% a year earlier, according to the European Automobile Manufacturers’ Association (ACEA). Its share also slipped from 26.5% in August. VW remains the market leader with brands including Porsche, Audi, Skoda and Seat, but rivals increased their share in September. | |
| Europe’s second largest carmaker, France’s PSA Group, which includes Peugeot and Citroën, had 9.9% of the market – up from 9.7% in August but down from 10.3% a year earlier. BMW increased its market share to 7.4% from 6.9% in September 2015, while Daimler’s share rose to 6.1% from 5.7%. | |
| Overall, VW sales also lagged behind the market, growing 8.4% from a year ago to 315,905 vehicles compared with 9.8% for the industry. | |
| News of the scandal broke on 18 September, when the US government ordered Volkswagen to recall almost 500,000 cars after discovering the company had deployed sophisticated software to cheat emission tests, allowing its cars to produce up to 40 times more pollution than allowed. It took several days for the full extent of the scandal to become known. Eleven million diesel vehicles worldwide are affected and on Thursday VW said it would recall 8.5m of the affected cars from across Europe. | |
| European car sales in September were boosted by ongoing scrappage schemes on the continent and the economic recovery across southern Europe, the ACEA said. Demand for new passenger cars rose in all major markets, with sales up 22.5% in Spain, 17.2% in Italy, 9.1% in France, 8.6% in the UK and 4.8% in Germany. The UK market usually gets a boost in September due to the half-yearly change in registration plate numbers. | European car sales in September were boosted by ongoing scrappage schemes on the continent and the economic recovery across southern Europe, the ACEA said. Demand for new passenger cars rose in all major markets, with sales up 22.5% in Spain, 17.2% in Italy, 9.1% in France, 8.6% in the UK and 4.8% in Germany. The UK market usually gets a boost in September due to the half-yearly change in registration plate numbers. |
| Across the EU, car sales climbed nearly 10% to 1,356,868 cars last month. Over the first nine months of this year, new passenger car registrations increased by 8.8%, breaking through the 10m mark (10,413,675). | Across the EU, car sales climbed nearly 10% to 1,356,868 cars last month. Over the first nine months of this year, new passenger car registrations increased by 8.8%, breaking through the 10m mark (10,413,675). |
| However, this is still far below the pre‐crisis level of almost 12m cars registered during the same period in 2007. | |
| Estonia and Luxembourg were the only two EU countries where available data showed a drop in demand. | Estonia and Luxembourg were the only two EU countries where available data showed a drop in demand. |