VW in trouble over alleged US emission test manipulations
Discussion
mollytherocker said:
Er....they already do! Most companies double shift their fleet, its the only way to compete.
I see A LOT of lorries around during the day. If running almost all deliveries at night means buying more lorries and employing more drivers, that's the cost of reducing pollution and congestion. And it will be smeared across the cost of products in shops, which is a sensible result.The Hypno-Toad said:
http://www.autocar.co.uk/car-news/industry/new-vw-...
“We will review all planned investments, and what isn’t absolutely vital will be cancelled or delayed. I will be completely clear: this won’t be painless.”
I would guess that pretty much confirms what I suggested a few pages back.
Bye-Bye Bugatti.
Bye-Bye Red Bull F1 deal.
Bye-Bye Audi or Porsche Le Mans teams. (possibly both.)
Bye-Bye.
I wonder if this puts either Skoda or, more likely, Seat in jeopardy? I can see them offloading Lambo and Ducati as well. “We will review all planned investments, and what isn’t absolutely vital will be cancelled or delayed. I will be completely clear: this won’t be painless.”
I would guess that pretty much confirms what I suggested a few pages back.
Bye-Bye Bugatti.
Bye-Bye Red Bull F1 deal.
Bye-Bye Audi or Porsche Le Mans teams. (possibly both.)
Bye-Bye.
funkyrobot said:
Apparently, this will all be fixed by a simple software update.
Stop worrying everyone.
Quote from the new CEO saying the fix for most will be software but some will require hardware changes. Fixes will be country, region and model specific so there are thousands of solutions required rather than just a couple of software patches.Stop worrying everyone.
VW CEO said:
A high number of vehicles is it's reportedly repairable via a software update, but some serious interventions in parts of the vehicle are probably required. If necessary, we build. Of course, free for the customer.
Edited by Crusoe on Wednesday 7th October 10:51
Ali_T said:
I wonder if this puts either Skoda or, more likely, Seat in jeopardy? I can see them offloading Lambo and Ducati as well.
Definitely Seat, although this would be at odds with recent news reports that Seat and Skoda are getting more right to say at the Wolfsburg HQ. Bugatti would be the next brand on my chopping block but it is clearly Piech's toy used to one-up his cousins and it seems unlikely that he will let go of it.
Selling Lambo and Ducati to FIAT would make sense too.
Surely they'll try to survive by selling off the 'halo' brands*? It will be a case of selling off the silverware and not the house itself. IMHO, Skoda/Seat would make no sense to sell off - their success - and value for buyers - is only thanks to the VAG platform sharing.
* They can always buy these baubles back in the distant future when some of them have failed without the VAG $$$$$$upport.
* They can always buy these baubles back in the distant future when some of them have failed without the VAG $$$$$$upport.
Edited by EskimoArapaho on Wednesday 7th October 11:49
AutoCar said:
VW has already set aside 6.5bn euros (£4.7bn) to cover the costs of the scandal, but many industry commentators believe that figure will rise, possibly to a figure three times higher. Since the scandal broke, VW's share price has fallen by almost half its value.
Didn't VW have roughly 18bn in the bank at the time of their last financial results?VAG became too big for their own good when megalomaniac Piech decided that he wanted to be #1 worldwide at any cost.
They should split the company into four completely independent corporate groups as it was rumoured back in April.
Porsche, Bentley, Bugatti
Audi, Lamborghini, Ducati
Volkswagen, Skoda, Seat
MAN, Scania, VW Commercial
They should split the company into four completely independent corporate groups as it was rumoured back in April.
Porsche, Bentley, Bugatti
Audi, Lamborghini, Ducati
Volkswagen, Skoda, Seat
MAN, Scania, VW Commercial
ORD said:
emicen said:
Didn't VW have roughly 18bn in the bank at the time of their last financial results?
VAG is solvent but not flush with free cash. It's current assets exceed its current liabilities by a couple of billion, if I remember correctly.Total Assets ~351.2bn [~19bn cash & cash equivalents]
Total Liabilities ~261.2bn
yonex said:
I'm sure the simple software upgrade will appease all the legal teams preparing their cases against VW 
Cases for what exactly? I struggle to see any liability. However,"Dear Customer. There is an eco-friendly software upgrade available for your engine and we can update your car free of charge next time you visit your VW franchised dealer. While you are there we will carry out a free safety check on your car and advise you of any recommended repair work. You may also be interested in our MOT testing, fixed price servicing and wide range of accessories to enhance your vehicle...."
Roll up, roll up, step right this way!
OldGermanHeaps said:
I think its just the germans trying to beat their own high score, last time they only gassed a few million, now they are tring for the whole world.
Could be , but they used petrol engined vehicles that time around, to supply the required gas. It killed the victims just as sure as diesel would have, only the victims probably didn't smell it so much. Arguably being able to smell diesel, is a bit of safety feature, as it is like the smell the gas companies added to domestic gas, to make it more detectable if a leak occurs?
The person detecting it can then do something about it. e.g move away from it, before it causes any ill effects. Unlike dying from petrol emissions, which are much more sneaky and insidious in the way they affect a person, but they will still kill you as easily, (As the Nazis managed to confirm) during WW2.
Edited by Pan Pan Pan on Wednesday 7th October 15:23
Ozzie Osmond said:
yonex said:
I'm sure the simple software upgrade will appease all the legal teams preparing their cases against VW
Cases for what exactly? I struggle to see any liability. However,"Dear Customer. There is an eco-friendly software upgrade available for your engine and we can update your car free of charge next time you visit your VW franchised dealer. While you are there we will carry out a free safety check on your car and advise you of any recommended repair work. You may also be interested in our MOT testing, fixed price servicing and wide range of accessories to enhance your vehicle...."
Roll up, roll up, step right this way!
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