» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 40 | NO. 7 | Friday, February 12, 2016

VW European sales show biggest contraction since scandal

Print | Front Page | Email this story

MILAN (AP) — The marquee Volkswagen brand saw its biggest sales contraction in January since the German carmaker was engulfed in its diesel emissions scandal.

The European carmaker's association ACEA reported on Tuesday that sales of Volkswagen brand cars dropped 3.8 percent compared with a year earlier, putting a drag on deliveries for the group, which also includes the Audi, Porsche, Seat and Skoda brands. VW group sales grew by just 0.8 percent, seriously lagging a European market that grew 6.2 percent for the 29th straight month of expansion.

ACEA said January sales topping 1 million cars were "encouraging for the near future, as the upward market trend remains stable."

Mass-market automakers Fiat Chrysler, Ford and Opel posted double-digit gains. Premium manufacturers BMW and Daimler grew by 4 percent and 8.5 percent, respectively.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0