VW Group profits up

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Thread: VW Group profits up

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    VW Group profits up

    VW Group increased it's profits by 18.7% in the first half of 2017, compared to the first half of 2016 - up from €7.5 billion to €8.9 billion

    https://www.autocar.co.uk/car-news/i...elgate-scandal

    Dieselgate crisis - what crisis?
    Last edited by Ruperts Trooper; 07-27-2017 at 09:39 AM.

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    Re: VW Group profits up

    While I have been fascinated by this, I do agree that the general public doesn't care.

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    Re: VW Group profits up

    Quote Originally Posted by BlackGTP View Post
    While I have been fascinated by this, I do agree that the general public doesn't care.
    I also assume the "revelation" that everybody is CHEATING so in scale VW is NOT BAD compared to the competition

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    Re: VW Group profits up

    Quote Originally Posted by richmond2000 View Post
    I also assume the "revelation" that everybody is CHEATING so in scale VW is NOT BAD compared to the competition
    That's been the sentiment virtually all the way through in Europe - the publicity given to the issue in the US was the first that Europeans generally had heard of it, easily reassured by VW Group claiming it only affected US models - that triggered the revelation in Europe that atmospheric NOx levels hadn't reduced despite the introduction of Euro 5.

    Independent tests on a small selection of vehicles showed that most exceeded the NOx limit by a multiple factor, with some exceeding by 40x (GM Vauxhall Zafira) and triggered the introduction of the new WLTP-RDE test to replace the EU-NEDC test which was shown to be "not fit for purpose" - while it became clear that VW Group did have a "case to answer" in Europe, several other brands also had the finger pointed at them about the way their vehicles acted when not being tested - Mercedes-Benz, Fiat, Opel/Vauxhall which diluted the case against VW.

    There's also a feeling in Europe that VW are being hounded out of the US which does seem to get them some sympathy at "home".

    I'd placed the factory-order for my VW Touareg TDi a couple of weeks before "dieselgate" broke so I sat on the fence for a couple of months and then decided to go ahead with the purchase - I've just helped my son get a Skoda Octavia TDi - both are Euro 6 so the best available.

    In Europe, we have bigger issues like the politicians going headlong down the EV route!

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    Re: VW Group profits up

    The fact they broke the law, lied to the consumers and then lied to investigators is a separate issue than the public being oblivious, apathetic and unconcerned.

    It's kind of what the public does now.

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