Volkswagen AG’s diesel-emissions cheating scandal weighed on the German carmaker’s European market share for a fifth consecutive month as deliveries dropped in its home country and Britain.
Registrations in the region by VW’s namesake brand fell 4 per cent to less than 128,350 vehicles in January, counter to a 6.3 per cent increase in industrywide sales to 1.09 million autos, the European Automobile Manufacturers’ Association said in a statement Tuesday. The Volkswagen group, including the Audi and Porsche luxury marques as well as the Skoda and Seat divisions, accounted for 24.3 per cent of European car sales last month compared with 25.6 per cent a year earlier.
The German auto manufacturer, Europe’s biggest, is struggling to overcome the crisis sparked by its admission in September that it rigged a line of diesel engines to meet emissions standards only during official tests. Competitors picking up more European buyers in January included Fiat Chrysler Automobiles NV, which is benefiting from the Jeep division’s Renegade sport utility vehicle; General Motors Co.’s Opel unit; and Ford Motor Co., which said Friday that deliveries of its EcoSport and Kuga SUVs propelled demand. (Bloomberg)