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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 .
Volkswagen Pauses Bond Issuance Amid Emissions Cheating Scandal
2015-11-14 12:08:41| Automakers - Topix.net
Volkswagen AG has put bond financing on hold as it grapples with uncertainty over the ultimate cost of the emissions cheating scandal. The company needs time to update the documentation required to sell bonds and other financing instruments to reflect potential fines and penalties, it said in an e-mailed statement.
Tags: bond
volkswagen
emissions
issuance
Imported diesel car sales in S. Korea drop amid emissions scandal
2015-11-13 21:05:37| Auto Dealers - Topix.net
Sales of imported diesel vehicles in South Korea hit the lowest level in a year in October as customers seem to be shunning diesel models following the worldwide emissions scandal, industry data showed Friday. According to the data by the Korea Automobile Importers and Distributors Association, imported diesel car sales here came to 11,057 units in October, the smallest monthly figure since October last year, when they reached 11,001 units.
Volkswagen car sales fall more than 5% in wake of emissions scandal
2015-11-13 17:44:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Volkswagen car sales fell worldwide last month as the German carmaker counted the cost of the emissions rigging scandal. VW sold 490,000 cars of its namesake brand last month, 5.3% fewer than a year earlier, while its Czech brand Škoda was down 2.7% and Spanish marque Seat dropped 3.1%. Commercial vehicles registered a sharper decline of 9.8%. Audi sales held up with 2% growth, while Porsche raced ahead with an 18% increase. The company pointed to the suspension of sales of affected diesel...
Volkswagen global sales dip 5.3 percent in Oct after scandal
2015-11-13 16:01:05| Auto Dealers - Topix.net
Volkswagen's flagship brand saw global auto sales fall 5.3 percent in October in the wake of a scandal over cars equipped with software that let them cheat on U.S. diesel emissions tests. It appeared that economic downturns in Brazil and Russia caused as much or more damage than the scandal to the month's figures.
Tags: sales
oct
global
percent
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