As the Diesel Emits: Volkswagen's Chairman Feels the Heat During Shareholders Meeting

It only gets worse before it gets better.

My gut tells me we will see a much slimmer and smaller VW after this mess settles down.

My gut tells me we will see a much slimmer and smaller VW after this mess settles down.

I don't think anyone will disagree with this. I'm wondering if Volkswagen will be able to do it quickly.

 

My gut tells me we will see a much slimmer and smaller VW after this mess settles down.

I don't think anyone will disagree with this. I'm wondering if Volkswagen will be able to do it quickly.

 

You think they can wrap this all up by the end of 2017 or will it drag into 2018 and really hurt the company long term.

I wonder what Porsche thinks about tying up with VW now?

 

 

My gut tells me we will see a much slimmer and smaller VW after this mess settles down.

I don't think anyone will disagree with this. I'm wondering if Volkswagen will be able to do it quickly.

 

You think they can wrap this all up by the end of 2017 or will it drag into 2018 and really hurt the company long term.

 

I wonder what Porsche thinks about tying up with VW now?

 

The way things are going right now, I don't think all of this will be resolved till 2019 at the earliest.

 

 

 

My gut tells me we will see a much slimmer and smaller VW after this mess settles down.

I don't think anyone will disagree with this. I'm wondering if Volkswagen will be able to do it quickly.

 

You think they can wrap this all up by the end of 2017 or will it drag into 2018 and really hurt the company long term.

 

I wonder what Porsche thinks about tying up with VW now?

 

The way things are going right now, I don't think all of this will be resolved till 2019 at the earliest.

 

 Then based on your resolve date, then I am even stronger in my conviction that VW will be about 50% of who they are today by that time and could even be free of a name plate or two if it stretches much further.

 

My gut tells me we will see a much slimmer and smaller VW after this mess settles down.

I don't think anyone will disagree with this. I'm wondering if Volkswagen will be able to do it quickly.

 

Just saw on the AP VW is settles with buying back some cars, giving a choice of fixing or buying back other cars and paying fines and settling this whole mess.

http://bigstory.ap.org/article/398cf8b79483423abf48d10f5f9848fd/source-vw-govt-ink-deal-pay-owners-cheating-diesels

The deception happened in something they had doubled down on to make up for a lack of investment in HEV technology.

Now VW is trying to make a wholesale jump straight to EV's. 

It's going to be very expensive, and without much fruit at first. But also...diesel days are now relegated to even more niche uses.

Actually in GTA, and I presume all of Canada now, diesel is usually 10-15 cents cheaper per litre, so if you have a diesel vehicle now subject to the VW recall or diesels in  general, you're getting FANTASTIC mileage and paying less at the pump. But it's not a safe bet to hedge on for too long.