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VW's European Market Share Falls in First Month of Scandal

2015-11-17 11:28:48| Automakers - Topix.net

Volkswagen AG lost market share in Europe as its sales declined in October, the first full month since the carmaker's emissions-cheating scandal became public. The German manufacturer accounted for 25.2 percent of new-car registrations in the region last month compared with 26.1 percent a year earlier, the Brussels-based European Automobile Manufacturers' Association, or ACEA , said Tuesday in a statement.

Tags: of month share market

 

VW's European Market Share Falls in First Month of Scandal

2015-11-17 11:28:00| Auto Dealers - Topix.net

Volkswagen AG lost market share in Europe as its sales declined in October, the first full month since the carmaker's emissions-cheating scandal became public. The German manufacturer accounted for 25.2 percent of new-car registrations in the region last month compared with 26.1 percent a year earlier, the Brussels-based European Automobile Manufacturers' Association, or ACEA , said Tuesday in a statement.

Tags: of month share market

 
 

VW's European car sales, market share slip after emissions scandal

2015-11-17 08:22:34| Auto Dealers - Topix.net

Nov 17 Volkswagen's European sales and market share slipped in October, industry data showed on Tuesday, as the German carmaker's emissions-cheating scandal began to take its toll at a time when the overall market continued to grow. New passenger car registrations in the European Union and European Free Trade Association trading block rose 2.7 percent last month on a year ago to 1.14 million vehicles, according to the Brussels-based Association of European Carmakers .

Tags: share sales car market

 

Why VW's goodwill offer misses

2015-11-16 07:06:51| Automakers - Topix.net

Volkswagen of America, as we reported last week, is offering owners of its disgraced diesel cars a "goodwill package" that includes $500 on a prepaid Visa card. It's also giving them a few hoops to jump through to earn their payment.

Tags: offer goodwill misses vws

 

VW's Open Door to Whistleblowers Closes at the End of the Month

2015-11-12 22:30:04| Automakers - Topix.net

Volkswagen AG wants its workers to be open about any cheating at the carmaker, as long as they talk by the end of the month. In a bid to emerge from the emissions scandal, VW is offering amnesty to employees that reveal information to help investigations into manipulation.

Tags: the end open month

 

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