Volkswagen

ballyblack

Yes I think it will recover eventfully as well, 'time is a great healer'

to speed this up? All they need is to come up with a new innovative product that customers want, like the original Tdi engine or the iconic Golf Gti


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saverbuyer

They'll recover but it'll take a while. The fine and recall costs could have a big impact on their R&D budget. Less R&D = less innovation. No doubt about it, in the short to medium term it will damage the brand.

ballyblack

We are all waiting for a practicable electric car,needing no engine to charge it up. Battery technology has not really caught up with the modern world

saverbuyer

Check out the Tesla model s and X.


I'd be tempted.

ballyblack

Tesla are expensive, need plenty of charging stations and not practical yet

saverbuyer

ballyblack wrote: »

Tesla are expensive, need plenty of charging stations and not practical yet

They are expensive at £50k+ but I wouldn't say impractical. 300 mile range is pretty good. There are plans for a few supercharging stations throughout Ireland.


I'd be seriously tempted to buy one next year.

qwert_yuiop

motorguy wrote: »

Theres no evidence at all that cars that dont have the "patch" applied will be an automatic fail, so propagating that is helping fire the hysteria.

You're merging two issues here - theres the issue facing us all, which is the impact of this on cars on our roads, particularly VW users and potentially other manufacturers, and then there is the financial impact of the company itself for investors.

Personally, i dont give a monkeys about the financial impact to the Porsche family, corporate shareholders, etc. I'm a passing interest in the motoring side of it (as i dont own a recent VW) and very bemused by the hysteria propagated by people like you.

Also, i'm not a stock market investor, however the comment i would make would be that i read that big corporate investors arent yet willing to buy into VW until such times as the true cost to VW is known and a total resolution is in place. This makes sense to me. If i were to invest, i'd be waiting until that point.

Lets not forget that Toyota had to recall 10 million cars and it hasnt done them much medium / long term harm. Likewise Ford have made some fantastical gaffs in the past, particularly relating to safety and people burning to death in their cars and they're still around. Audi with the TT going backwards down sliproads - didnt impact sales of those much. Mercedes A Class, with the Elk test. All those companies have gone from strength to strength.

Ultimately, big fine for VW group and corrective measures will be the outcome.

You seem to be under the impression that if i'm not prepared at this point to invest thousands of my own hard earned on a punt on VW shares then my view must be wrong? Quite strange. I quite like my local Tescos, but i've felt no urge to rush out and buy shares in them either.

Conversely, your doom and gloom view seems to be that VW is on its knees, or will be, so at what point will you be buying shares?

It's of no significance in my life. If the entire German population reverts to making sausages and cuckoo clocks, it will not concern me in the slightest, so your well worn phrase of doom and gloom does not apply. It's just of passing interest that you're able to dismiss so easily what those involved seem to regard as very important. The difference here from the Toyota and ford botch ups is that this is a fraud, already resulting in a class action in the USA and similar action in the eu and member states. Whatever correction to engine combustion is required is likely to result in decreased performance or higher fuel consumption, causing some damage to sales figures.

If vw undergoes its own Untergang, tough, I don't care. If it looks like it's likely to recover, I'll keep tracking it as a possible investment.

I'd just have thought someone who's so confident that the whole thing is hysteria might have put his money where his opinion is, looking forward to a huge profit.

qwert_yuiop

saverbuyer wrote: »

They are expensive at £50k+ but I wouldn't say impractical. 300 mile range is pretty good. There are plans for a few supercharging stations throughout Ireland.


I'd be seriously tempted to buy one next year.

What about an aixam?

saverbuyer

qwert_yuiop wrote: »

What about an aixam?

Poor range. Doesn't look to bad tho. Bit like a panda.

qwert_yuiop

saverbuyer wrote: »

Poor range. Doesn't look to bad tho. Bit like a panda.

Yes, all right if you only drive a few miles. Then again, that's what bicycles are for.

Someone at work has just told me his grandmother's 1990 micra has 11,000 on the clock. She really should just use a taxi now and again.