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

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