Volkswagen becomes the world's biggest selling automaker
#1
Pole Position
Thread Starter
Volkswagen becomes the world's biggest selling automaker
Volkswagen's huge emissions scandal is still unfolding, but it hasn't stopped the German company from dethroning Toyota as the world's biggest selling automaker.
http://money.cnn.com/2017/01/30/news...inkId=33945880
#4
Lexus Fanatic
I think that the large settlements themselves that VW paid (and is still paying out) to diesel-owners actually helped spur new sales. Not all car-owners affected by the scandal actually wanted to dump VW or switch to another company......for whatever reason, they may still like VW products. With that settlement check in their hands, there's an instant down-payment (or lease payment) on a new VW.
#6
Lexus Fanatic
#7
Lead Lap
I think that the large settlements themselves that VW paid (and is still paying out) to diesel-owners actually helped spur new sales. Not all car-owners affected by the scandal actually wanted to dump VW or switch to another company......for whatever reason, they may still like VW products. With that settlement check in their hands, there's an instant down-payment (or lease payment) on a new VW.
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#8
Lexus Fanatic
#9
Lexus Test Driver
Most VW owners I spoke to were feeling like they robbed a bank with the deal offered to them. They all planned on keeping their polluting cars and collecting the big cash payout. So not sure if that weighed in on sales or not. Either way, I'm a bit surprised. This kind of sends a signal that maybe people don't care as much about reliability, but more about styling and that German car feel. VW also had some wild discounts in the last few months. Hard to say.
#10
Most VW owners I spoke to were feeling like they robbed a bank with the deal offered to them. They all planned on keeping their polluting cars and collecting the big cash payout. So not sure if that weighed in on sales or not. Either way, I'm a bit surprised. This kind of sends a signal that maybe people don't care as much about reliability, but more about styling and that German car feel. VW also had some wild discounts in the last few months. Hard to say.
#11
http://www.detroitnews.com/story/bus...rown/97273216/
Only VW’s commanding presence in the fast-growing Chinese market helped the Masters of Wolfsburg maintain global sales momentum in 2016, even as the pace flagged in Germany and most of North America. In the critical United States? VW brand sales slipped 7.3 percent last year, according to Autodata Corp.
Last edited by TRDRAV4; 01-30-17 at 11:30 PM.
#13
Lexus Fanatic
iTrader: (20)
we must all realize the u.s. is becoming a smaller and smaller market globally.
#15
Lead Lap
the scandal had nothing to do with reliability of course, but reminds me of the 'tragedy of the commons' again... people go "yay, i support efforts to stop global warming. wait, and give up my vw because of a scandal, no way! or take an awesome deal on another one? heck yeah!"
The U.S. arm hasn't contributed a ton of money to VW's bottom line for a very long time. Even when they tried to maximize sales here with cars like the Passat and Jetta it didn't take off like it was supposed to.