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Volkswagen emission scandal: VW sales growth screeches to near-halt in Europe

WOLFSBURG, GERMANY - MARCH 10: A  brand new Volkswagen Golf 7 car is stored in a tower at the Volkswagen Autostadt complex near the Volkswagen factory on March 10, 2015 in Wolfsburg, Germany. Volkswagen is Germany's biggest car maker and is scheduled to announce financial results for 2014 later this week. Customers who buy a new Volkswagen in Germany have the option of coming to the Autostadt customer service center in person to pick up their new car.  (Photo by Alexander Koerner/Getty Images)
WOLFSBURG, GERMANY - MARCH 10: A brand new Volkswagen Golf 7 car is stored in a tower at the Volkswagen Autostadt complex near the Volkswagen factory on March 10, 2015 in Wolfsburg, Germany. Volkswagen is Germany's biggest car maker and is scheduled to announce financial results for 2014 later this week. Customers who buy a new Volkswagen in Germany have the option of coming to the Autostadt customer service center in person to pick up their new car. (Photo by Alexander Koerner/Getty Images)

Milan: Volkswagen (VW) 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 European Automobile Manufacturers’ Association (ACEA) show that VW’s sales in November grew by just 2.4%, compared with nearly 14% for the industry as a whole.

Also read: Volkswagen emission scandal: VW November US sales drop sharply by 25%

The German carmaker also saw its market share slide from 26.6% in November 2014 to 24.3% this year.

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

Also read: Volkswagen car sales plunge almost 20% in Britain

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 carmaker Daimler, up 22%, and BMW, up 10%.

PTI