European sales of Volkswagen show biggest contraction since scandal
|CTVnews 16 Feb 2016 at 00:01|
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)
Published Tuesday, February 16, 2016 3:02AM EST
MILAN - The marquee Volkswagen brand saw its biggest sales contraction in January since the German carmaker was engulfed in its diesel emissions scandal.
The European carmaker s association ACEA reported on Tuesday that sales of Volkswagen brand cars dropped 3.8 per cent compared with a year earlier, putting a drag on deliveries for the group, which also includes the Audi, Porsche, Seat and Skoda brands. VW group sales grew by just 0.8 per cent, seriously lagging a European market that grew 6.2 per cent for the 29th straight month of expansion.
ACEA said January sales topping 1 million cars were "encouraging for the near future, as the upward market trend remains stable."
Mass-market automakers Fiat Chrysler, Ford and Opel posted double-digit gains. Premium manufacturers BMW and Daimler grew by 4 per cent and 8.5 per cent, respectively.