Volkswagen Europe market share dips for sixth month in row

Volkswagen lost market share in Europe for the sixth month in a row, in February, as the German carmaker’s diesel-emissions scandal pushed buyers to the likes of Fiat-Chrysler, Mercedes-Benz and Ford.

Volkswagen’s brands accounted for 24% of new car registrations in February versus 25.4% a year earlier, the European Automobile Manufacturers’ Association, or ACEA, said Wednesday in a statement.

Industry-wide sales jumped 14% to 1.09 million vehicles, while two-month registrations increased 10% to 2.19 million vehicles.