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Volkswagen loses market share in Europe after diesel scandal


Volkswagen loses market share in Europe after diesel scandal


Volkswagen lost ground against its European competitors in September as the German carmaker’s market share fell away in the wake of the diesel emissions-test scandal.

The European Automobile Manufacturers’ Association says VW sales grew by 8.4 percent whereas overall registrations were up by almost 9.8 percent – to over 1.35 million.

European car sales overall were buoyed in September by scrappage schemes and the economic recovery in southern Europe.

Volkswagen’s share of the EU car market slipped to its lowest level for six months last month – to 23.3 percent of the region’s sales.

It remains the market leader with makes such as Audi, Porsche, Seat and Skoda.

The scandal hit in mid-September when US regulators revealed VW had equipped cars with software allowing diesel cars to produce pollution up to 40 times authorised levels.

On Thursday VW said it would recall eight and a half million affected vehicles in Europe.

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