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In the US, VW group has a 4.1% market share down from 4.3% last year: https://www.google.com/amp/s/amp.cnn.com/cnn/2023/11/27/business/volkswagen-brand-no-long
by iancmceachern 3y ago
In the US, VW group has a 4.1% market share down from 4.3% last year:
https://www.google.com/amp/s/amp.cnn.com/cnn/2023/11/27/business/volkswagen-brand-no-longer-competitive/index.html https://www.google.com/amp/s/amp.cnn.com/cnn/2023/11/27/busi...
In Europe VW has a 9.8% market share down almost 2% from the previous year:
https://www.goodcarbadcar.net/volkswagen-europe-sales-figures/#:~:text=Volkswagen%20sold%201%2C010%2C272%20vehicles%20in,share%20in%20Europe%20is%209.8%25 https://www.goodcarbadcar.net/volkswagen-europe-sales-figure....
This is relevant because it shows that VW is loosing significant market share in US and Europe. It's loosing about 20% market share per year (2% off 10%). This is after dieselgate. One could infer that dieselgate caused consumers to no longer trust VW, along with other systemic problems within the company and its products, could be a cause of this downturn in market share.
- mmikeff 3y agoVW group includes Audi, Skoda, Seat, Porsche, Bentley, Seat and others
- rahimnathwani 3y agoBoth 2022 and 2023 were after the dieselgate rulings, so how are those changes relevant? EDIT: I wrote this comment before parent's ninja edit.
- gunapologist99 3y agoIt doesn't have much to do (in the U.S.) with diesel anything. Most people probably don't even know anything about it. VW cars are just more boring now.
- iancmceachern 3y agoMost people i know in the US are very very familiar with this. Those cats were very heavily advertised for their environmental friendliness. It's like of cheerios war bad for your heart
- FirmwareBurner 3y ago>This is relevant because it shows that VW is loosing significant market share in US and Europe VW the brand, not the group including Skoda, Seat, and the rest, is loosing market share in Europe because their cars are meh and overpriced for what they offer when Skoda, Kia, Hyundai, Dacia are much cheaper.
- iancmceachern 3y agoSkoda and Seat are very small regional brands