VW starting to lose market share in EU
Volkswagen is starting to lose market share in the EU following the diesel emissions scandal.
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The European Automobile Manufacturers’ Association (ACEA) released its monthly passenger car registrations statistics on Friday.
It showed 1.35m new passenger cars were registered in September, a 9.8% increase on the same month last year.
While VW Group registrations were up to 315,905 for the month from 291,424 in 2014, the results showed the troubled car-maker’s market share dropped from 23.6% to 23.3%.
Volkswagen’s passenger cars dropped from a market share of 11.6% to 11.2%.
News of the emissions scandal first broke on 18 September, with the company admitting two days later that software was manipulated.