Car manufacturers' European market share
The Volkswagen Group held close to a quarter of the European car market between January and October 2017. In light of the Volkswagen diesel scandal, the Volkswagen Group confirmed in October 2015 that more than ten million vehicles were affected by the scandal worldwide, around 2.8 million of which were sold to customers in Germany. It remains unclear if it is safe for the owners of affected vehicles to ignore the recall, if they will see a downgrade in their vehicles’ performance due to software adjustments - or if the vehicles will be fitted with a different engine version.
Second-placed PSA Group is headquartered in Paris, France. Along with fellow French car manufacturer Renault, PSA has a strong presence Europe: The two French automakers account for a European auto market share of around 22 percent. These two groups share among them just over seven percent of the global passenger car production market share. It was agreed that PSA will acquire GM's Opel and Vauxhall brands in 2017.