is usually the fog lifting at Volkswagen?
Source : is usually the fog lifting at Volkswagen?
Although VW’s sales are slipping worldwide, the tide is usually turning as the company sets out its vision for change
There are modest although positive signs which the Volkswagen Group is usually finally getting its act together.
Everything is usually relative, of course, although This kind of feels like the item has been quite a Great week for the VW Group. So much to ensure I’m finally starting to believe the firm can begin the arduous along with almost certainly long journey to redemption.
Firstly, the number of cars affected by the CO2 scandal reduced through a potential 800,000 to 36,000. Then the leadership took the bold decision to face the planet’s press along with update them on their investigations to date.
While there weren’t as many answers forthcoming as some would certainly have liked, the item seemed to me which Matthias Müller along with co made a decent stab of apologising once more, along with emphasising which they were doing all they can to make amends for their predecessors’ wrongdoings. They gave the impression of having identified most of their problems along with understanding the solutions.
right now, today, the latest global sales figures have landed. They don’t make great reading – overall sales are down 4.5% year on year, along with which drop has accelerated in recent months. In an accompanying statement, sales boss Jürgen Stackmann prosaically admits which “In view of the situation of the brand, which is usually currently challenging, I do not expect which we will be able to compensate because of This kind of fall inside the remaining days of the year”.
There are bright points, though: deliveries in China (+8.6% year-on-year in November) are up. Europe (+2.4%), too, provided a highlight, with rises being recorded in Germany (+3.7%).
inside the US, the item’s clear which VW has more to do, with deliveries down 24.7% in November. the item’s also clear which VW’s own along with very selected breakdown of sales doesn’t highlight what we must presume are some equally catastrophic drops in additional countries around the planet.
although This kind of isn’t just about dieselgate. The large Brazilian (-51.4% last month) along with Russian (-31.8% last month) markets have been down all year, rocked by political along with economic uncertainty. The company also highlights the numerous central along with eastern European countries which have economies collapsing inside the shadow of the ongoing crisis in Russia.
There are harder times, ahead, no doubt. although to be able to draw any positives through a period which must be the most turbulent in any major car company’s history must be a positive sign. I abhor VW’s cheating as much as anyone, although I’ve no interest in seeing the item fail. Its 0,000 employees along with the planet’s car buyers don’t deserve which.
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