News

European car buyers reluctant to punish VW for emissions scandal

European car buyers reluctant to punish VW for emissions scandal
Autos
MILAN - European car buyers appeared reluctant to punish Volkswagen too severely for its emissions scandal, penalizing the German carmaker s sales but no more than some of its competitors.

The European carmaker s association ACEA said Tuesday that the European car market expanded by 2.9 per cent in October, topping 1.1 million units as growth slowed in all major markets.

VW remained the top seller, commanding a quarter of the market, in the first full-month of figures since it acknowledged cheating on U.S. diesel emissions tests. Volkswagen sales slipped 0.2 per cent, while all of Volkswagen sales, including also SEA, Skoda, Porsche, Audi and Lamborghini, dropped by 0.5 per cent.

By comparison, mass-market competitor PSA Peugeot Citroen saw sales drop 0.9 per cent, while Renault sank 0.7 per cent. German luxury carmakers BMW and Daimler posted double-digit increases.
Read more on CTVnews
News Topics :
Similar Articles :
Autos
MILAN Volkswagen sales in Europe rose in September despite the emissions scandal that broke mid month, but the German automaker s growth lagged the market, according to statistics released Friday...
Autos
A giant logo of the German car manufacturer Volkswagen is pictured on top of a company s factory building in Wolfsburg, Germany on Sept. 26, 2015. AP / Michael Sohn...
Autos
MILAN Volkswagen sales growth in Europe has screeched to a near halt in November compared with both its mass market and premium peers. Statistics released Tuesday by Europe s carmakers...
Autos
MILAN Volkswagen sales growth in Europe has screeched to a near halt in November compared with both its mass market and premium peers. Statistics released Tuesday by Europe s carmakers...
Autos
MILAN The European carmakers association says the region registered 13.7 million car sales last year, a 9 per cent bump, as the market finally surpassed 2010 levels. Volkswagen...