Volkswagen Warns The Market, "DANGER!" Who Else Is Suffering In Silence?

Volkswagen warned on Friday of a tough year ahead as its preliminary annual results were weighed down by currency effects and supply bottlenecks caused by new emissions testing rules.

The German carmaker suffered from an increase in inventories at its Audi and VW brands after a new emissions testing procedure, known as WLTP, took effect in September and delayed road certification for many of its vehicles.

“The headwinds in key markets are expected to strengthen further in 2019,” Chief Executive Herbert Diess said in a statement accompanying the earnings.

“Overall, however, we will have to redouble our efforts to meet our ambitious targets in the new fiscal year.”
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MDarringer - 2/23/2019 8:25:30 PM

0 Boost

So VW can't pass smog? Hilarious.

ricks0me - 2/23/2019 9:26:29 PM

+2 Boost

Matt: I fail to see the humor ... LMAO !!!

MDarringer - 2/24/2019 7:14:18 AM

0 Boost

VW always has an excuse for why it does douchebag things.

PUGPROUD - 2/24/2019 2:17:42 PM

+1 Boost

A fella wrote in to an English enthusiast magazine that a Golf R he ordered 6 months ago still hasn't entered production and VW can't tell him when it will. Time fella to buy that Civic Type R instead.

MDarringer - 2/24/2019 3:13:22 PM

+1 Boost

We won't take an order unless we are sure we can get a production order because if the production order does not happen in a timely fashion the customer get pissy.

Typically, you can put the specs into the system and either find one in a dealer inventory or headed there, or you can snag one that that has a production order number already and transfer it to your allotment.