US Volkswagen Dealers Up In Arms Over Dieselgate Leadership Terminations

US Volkswagen Dealers Up In Arms Over Dieselgate Leadership Terminations
Last week’s departure of the Chief Executive Michael Horn from the head of Volkswagen Group in the United States was an unexpected outcome for the German automaker who was struggling to agree with the US regulators on a fix for its over-polluting cars, nearly six months after the September disclosures.

His resignation “through mutual agreement” triggered more criticism towards Volkswagen, especially from the National Auto Dealers Association, the body representing car dealers across the US, which says Horn’s leaving will not improve the company’s predicament at all.
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PUGPROUDPUGPROUD - 3/15/2016 4:00:25 PM
+3 Boost
Dealers, customers, shareholders, management, labor, governments and suppliers. Everyone is pissed off at VW and scared as hell what it means to them. Everyone will go to the courts to get their pound of flesh they feel they deserve because they have been lied to and are suffering losses. There is not enough money to go around and these battles are a distraction from making cars. VW quality will suffer, new models will take longer to come to market or be discontinued, dealers will carry fewer vehicles due to uncertainties, sales will fall further , VW will offer ever greater discounts to stimulate sales, resale values will tumble, even greater incentives will be needed, every lawsuit gets publicity causing more uncertainty, sales under more pressure resulting in greater incentives,...and on and on till bottom is hit. Sale of brands, financial reorganization and German government bailout is in the cards. Sounds bleak but it may occur when every constituent is scared and its every man for themselves rushing to court.


MDarringerMDarringer - 3/15/2016 9:40:21 PM
+1 Boost
I would not be surprised if VW packed up and went home and soldiering on only with Porsche and Audi.


Vette71Vette71 - 3/16/2016 12:26:54 PM
+1 Boost
There is a basic cult group that has always liked VWs and will stay with them. They will keep buying them while the more mass market group won't. VW ought to retrench to its core and forget about being bigger than Toyota.


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