Sales of Volkswagen cars have slumped as low as 20% after the diesel emission scandal. According to a report all the cars under the iconic brands have been hit badly. In a report from Britain’s Society of Motor Manufacturers and Traders new car registration increased by 3.8 % to 178, 873 I November but the Volkswagen brand of cars were badly hit. Sale of Audi brand of cars dropped by 4%, Skoda dropped by 11% and Seat was down by a whopping 24% in recent times.
The dent in the brand of Volkswagen will be difficult to recover as the car maker admitted falsifying carbon dioxide emissions deepening the biggest corporate scandal.
Other manufacturer like Ford and Vauxhall also showed a major drop in sales. The controversy has hit the market overall and the chance for its recovery is grim.
“November’s sales might have been boosted by some consumers delaying their purchases from October when the VW emissions scandal hit the headlines” said Samuel Tombs at Pantheon Macroeconomics said in a note.
Vaibhav Attree 