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09-23-2015, 04:08 PM | #1 |
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Why BMW Could Be the Winner in Volkswagen Diesel Scandal
http://247wallst.com/autos/2015/09/2...iesel-scandal/ Fewer Europeans will buy Volkswagen’s “clean diesel” cars even after the cheating software is removed. These include Audis, Porsches and Volkswagens proper. If Europeans are looking for a clean diesel German car, they will most likely move to BMW, which could gain the most from this debacle, assuming that BMW isn’t cheating just like Volkswagen. BMW has a 6.3% market share in Europe now. It may go up next quarter in taking some of Volkswagen’s share. |
09-23-2015, 04:43 PM | #2 |
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Today's NewYorkTimes piece on the history of auto manufactures circumventing laws included this quote on the recent state of the industry "... In fact, the group’s testing found that the average diesel car was producing emissions five times as high as what was permitted. Some vehicles from BMW and Opel emitted 10 times as much pollution on the road as in the lab..."
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09-23-2015, 05:29 PM | #3 |
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Yeah, to be honest, the only reason I'm not revelling in VW's issues is because it's not big step for BMW to be next, and we don't have the cash and resources to stand that... welcome to the world of Toyota owned BMW!
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09-23-2015, 06:01 PM | #4 |
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In many European countries, you pay taxes on how much your car pollutes. So the higher the pollution, the higher your taxes. It'll be interesting to see what will happen now that people have these cars that are dirtier than initially advertised, and if they'll get screwed on higher taxes.
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09-23-2015, 06:02 PM | #5 | |
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09-23-2015, 06:04 PM | #6 |
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I doubt that will fly, I cannot even imagine that. Either you get grandfathered into that car, or VW has to buy it back and either give you a prorated amount back or give you a replacement.
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09-23-2015, 06:08 PM | #8 | |
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that's vw's problem, not the DMV/EPA/CARB/etc. if they're gonna give a car, pay back, etc... it's gonna be at the end of a large class action lawsuit that I guarantee will not be quick. |
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09-23-2015, 06:12 PM | #9 | |
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09-23-2015, 06:19 PM | #10 |
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09-23-2015, 08:15 PM | #11 |
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"other" auto makers will be next.
A friend of mine suggested (to me) what IF Fiat Group uses this opportunity to swoop in and buy VAG thru a hostile taker over. Wouldn't THAT be something!! We are in for some interesting automotive times in the next few weeks. Dackel
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09-23-2015, 08:40 PM | #12 | ||
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You'd have to think whatever VWs solution is, it will come with a mandate that all cars be fitted with it. What they're trying to prevent is owners refusing to take their car in for a recall. Many don't want either decreased performance/or a "piss tank" installed in their cars. Many just want to keep them, untouched. It's almost certain there will be something similar when the fix comes out. There's no way the EPA is simple going to allow owners not to fix them.
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09-23-2015, 08:53 PM | #13 | |
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09-23-2015, 09:09 PM | #16 |
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Report suggests automakers besides VW cheated emissions too
http://mashable.com/2015/09/23/emiss...er-automakers/ Shared from News on Flipboard, your personal magazine. Get it for free to keep up with the news you care about. Ali Shiralian |
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09-24-2015, 06:13 AM | #17 |
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09-24-2015, 08:14 AM | #18 | ||
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09-24-2015, 08:16 AM | #19 |
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09-24-2015, 08:23 AM | #20 |
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Can the mods merge threads with the one in the BMW section? Two identical threads is ridiculous.
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09-24-2015, 08:23 AM | #21 |
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Can the mods merge threads with the one in the non-BMW section? Two identical threads is ridiculous.
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09-24-2015, 10:48 AM | #22 |
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This could be BP oil spill big for VW. I highly doubt they have or can develop quickly any kind of fix that will greatly improve emissions to become compliant while maintaining advertised performance capabilities. Not only will they certainly be hit by some very large government fines, but the civil suits from owners will be huge. The biggest question though is what the German government and people will do. They can either try and shield VW or force through some dramatic changes including selling pieces off.
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