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In a dramatic title-deciding final race, Grange made a huge mistake four gates from home in Bormio, Italy.
BBC: Italy's Moelgg wins slalom crown
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But the Bormio race went to Austria's Elisabeth Goergl, with Manuela Moelgg, sister of Manfred, second and Austria's Kathrin Zettel third.
BBC: Italy's Moelgg wins slalom crown
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Svindal earned his first podium finish at Bormio, which is considered one of the most testing courses on the World Cup circuit.
CNN: 'Crazy' dead heat in World Cup ski race
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Moelgg had never won a World Cup race until he claimed victory in Kranjska Gora, Slovenia, a week before the season's finale in Bormio, although the 25-year-old had been consistent, claiming five podium places this season.
BBC: Italy's Moelgg wins slalom crown