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VW's Europe Market Share Narrows Most Since Emissions Crisis

  • Volkswagen's sales rose at less than one-third of market gain
  • Ford cited Mondeo sedan, Kuga SUV as helping European growth
Bloomberg business news

VW's European Market Share Narrows

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Volkswagen AG suffered its biggest decline in monthly European market share since the German carmaker’s scandal over emissions manipulation emerged in September.

With buyers opting for vehicles from Ford Motor Co., Daimler AG and Fiat Chrysler Automobiles NV, Volkswagen accounted for 24.5 percent of European new-car registrations in November, down from 26.8 percent a year earlier, according to figures released Tuesday by the Brussels-based European Automobile Manufacturers’ Association, or ACEA.