Results for: Volkswagen

Volkswagen Jumps Through Loopholes

It is reasonable to vilify Volkswagen auto group for their wrongdoing regarding diesel emissions. However, the company was merely responding to the system in which it lives. While Volkswagen did break laws all over (most of) the globe, the deceit is better comprehended as jumping through loopholes. First, a quick recap. In 2009, Volkswagen started a push to reinvigorate the then ailing diesel ind

Volkswagen's Electric Distraction

After being burned via (the lungs in particulate) diesel emissions, Volkswagen Auto Group (VW AG) has started to electrify everything (primarily Porsche). Many might believe it is a marketing ploy; that it is all in response to the scandal, but that is not true. Even before the diesel disaster; the auto group was using the excesses generated by Audi and Porsche to develop interchangeable modal e

Michael Horn Plays His Final Tune for Volkswagen

The scandal at Volkswagen has claimed another causality. Michael Horn (as seen during Congressional testimony in October) served as president and CEO of Volkswagen’s North American operations since January 1, 2014, and spent over a quarter century with the company. That wasn’t enough to save Horn, as his long tenure at VW came to an abrupt end on Wednesday. Volkswagen announced that Horn left th

Volkswagen May Have to Cut Jobs to Cover Lawsuit Costs

While the emissions-cheating scandal at Volkswagen has cost the jobs of high-level VW execs like former CEO Martin Winterkorn, it hadn’t disseminated to members of the rank and file like workers at VW assembly plants in the U.S. (pictured). But that may soon change, according to a report today from Reuters. According to the noted news agency, Volkswagen may be forced to cut jobs in both the U.S.

Auto Group Outlier: Volkswagen

Touching back on the M&A (Mergers and Acquisitions) effect, Volkswagen Auto Group (VW AG) was an outlier immune to their effects due their business model. VW AG was aware that in order to stay buoyant, they needed to balance their resources by building the base out before building up. Basically, Volkswagen embodied a pyramid. VW AG has Hitler to thank for their success. I know that is an awf

Volkswagen Stays Up As It Tries to Shed Scandal

In hopes of reviving its flagging brand, Volkswagen will unveil two new models on Tuesday at the Geneva International Motor Show 2016. The first model to be showcased is an all-new Volkswagen Up (pictured). An updated version of the Volkswagen Up city car will be available in three equipment lines, new exterior colors, body panels, seat fabrics, entertainment systems and more. Besides the Volkswag

Volkswagen Sued in U.S. District Court on RICO Charges

According to The Wall Street Journal, a U.S. District Court in California will hear a civil case that charges Volkswagen with committing widespread fraud with its rigged diesel vehicles. In and of itself, that charge isn’t too shocking, as VW has already admitted to installing the emissions-cheating defeat devices. What makes the prosecution’s charges rise to a level above a garden-variety class-a

Scandal at Volkswagen: It’s Always the Cover-Up

President Nixon once famously observed that it’s not the crime that gets you—it’s the cover up. Unfortunately, many have failed to heed Nixon’s lesson, or learn from his example, which is why people continue to get caught up in scandals that spiral out of control. To wit: the ongoing scandal at Volkswagen, which has devolved from a relatively harmless case of emissions rigging to a deliberate cove

Meet the New VW Quality Control Boss, Same as the Old Quality Control Boss

Yesterday on Auto Publishers, I wrote about Volkswagen’s attempts to compensate U.S. diesel vehicle owners. As you’ll recall from reading that piece (or by clicking the link above), lead counsel Kenneth Feinberg has thus far been thwarted in his efforts as the VW board accounts for the monetary damage caused by its emissions scandal. If nothing else, VW will have one less high-priced salary to acc

Is Volkswagen Prepared to Pay the Diesel Emissions Piper?

Millions of Volkswagen diesel owners have seemingly waited forever for the Wolfsburg-based automaker to resolve its emissions scandal. It’s taking VW longer to get its house in order than most might’ve liked, but to be fair some slow and steady steps are being made. The question is, will it be enough to stem the tide of negative publicity that threatens to put VW in the red in perpetuity? On Frid