Volkswagen began to lose its share on the EU market

Volkswagen began to lose its share on the EU market

Moscow. October 16. New car sales in Europe in September 2015, continued its growth for the 25th consecutive month, although the pace slowed somewhat compared with the previous month. While the largest carmaker in Europe Volkswagen background “diesel scandal” increased supply is less than many competitors and has lost some market share.

Total Volkswagen sales in the EU increased in September by 8.4% to 315,91 thousand cars. The number of registrations of vehicles of the Volkswagen brand increased by 6.6%, Audi – by 10.1%, Skoda – by 10.2%, Porsche – by 54.1%.

The group’s share in the European market last month fell to 23.3% from 23.6% a year ago and 26.5% in August, the report said the European automobile manufacturers Association (ACEA).

Volkswagen, which in the first half of 2015 was the largest in terms of sales volume automaker in the world, is accused of intentional manipulation of indicators of harmful emissions when testing diesel engine vehicles in the US and Europe. The company used software methods used to determine that the machine works in test mode and return the engine to the maximum sustainable operating parameters. In normal mode, emissions of nitrogen oxides 40 times the maximum allowable amounts.

Other automakers

French PSA Group increased its sales by 4.9%, but reduced market share to 9.9% from 10.3% in September 2014. Sales of Peugeot grew by 6.1%, Citroen by 7.4%.

The sales of Renault cars grew by 4.9%, the share of the French automaker in the market region decreased to 8% from 8.4% a year earlier.

Ford sales grew in September at 8%, Opel Group – 5.8%, FCA Group – by 15.6%, BMW Group – 17.8%, Daimler – by 18.6%.

Japanese automakers Toyota Group, Nissan and Mazda respectively increased sales by 10.2%, 24.5% and 29.4 per cent.

Sales of Korean Hyundai and KIA increased by 9.6% and 9.4%.

Car sales in General

The number of registered new cars in EU 27(excluding Malta, for which there are no data) last month increased by 9.8% compared with September last year, to 1,357 million cars. In August, the index jumped 11.2%, although usually it is August and February are the weakest months for the market.

Car sales in the EU for 9 months of this year increased by 8.8% to 10,413 million cars.

Car sales in the region with regard to Iceland, Norway and Switzerland in September increased by 9.8%, to 1,394 million units. In January-September, the sales volumes increased by 8.8% to 10,777 million cars.

The number of cars sold last month increased for all five major car markets of Europe. In the UK it was registered 462,5 thousand cars, 8.6% higher than in September 2014, making the country first in terms of sales. In Germany, the index rose by 4.8% to 272,5 thousand cars, France – 9.1% to 164,77 thousand, in Italy – by 17.2%, to 130.1 thousand.

The decline in car sales last month were recorded in Estonia (-1.7%) and Luxembourg (-5,8%).

Ongoing for more than two years, the growth of sales of cars in Europe is the longest period of upswing since the beginning of data collection ACEA in 1990. In July of this year, ACEA has improved the forecast of growth of car sales in Europe for 2015 to 5% from 2%.