Originally Posted By: pottymouth
VW will be fine. The company will ride this out with help from the German government if needed. Car buyers have short memories.
The real threat to VW is that Marchionne will see tham as a bargain due to the drop in share price. He really wants GM but may try to take VW as a consolation prize.
I'm wondering how the general public will take all this. Dealers are reporting about-usual sales volumes for the first month after the scandal broke the news, partly of course due to the $2,000 loyalty cash from VW for current owners of VWs on a new one. As we know the gas cars/SUVs are not affected, so that accounts for all the sales activity now. People are not worried.
VW will be fine. The company will ride this out with help from the German government if needed. Car buyers have short memories.
The real threat to VW is that Marchionne will see tham as a bargain due to the drop in share price. He really wants GM but may try to take VW as a consolation prize.
I'm wondering how the general public will take all this. Dealers are reporting about-usual sales volumes for the first month after the scandal broke the news, partly of course due to the $2,000 loyalty cash from VW for current owners of VWs on a new one. As we know the gas cars/SUVs are not affected, so that accounts for all the sales activity now. People are not worried.