Originally Posted by fast1

Not only will the VW crisis spillover into Porsche, it's likely to affect the entire German economy.

http://www.reuters.com/article/2015/...0RN27S20150923

Originally Posted by ChoyV

The question is, are you OK with the performance bump with the double duty software in question? As a car guy who prefers performance against mileage, I am OK with it. Most of us owns a Porsche or similar performance car. IMHO, we prefer the performance aspect of the car first and foremost.

There is no doubt that they cheated! Why? Is it really hard to attain that EPA set standards? What if the only way to pass the EPA ruling is a downsize engine? Are you OK with it? With increasing safety standards that were mandated to be put in placed to all auto, the GVW will also increase. In order to decrease overall weight, they have to make use of expensive materials to offset the added standard options. Are we willing to pay for those price increase? Eventually we are forced to drive those Smart cars as long as you don't drive in San Francisco.

To be honest, I prefer a diesel engine than electric or hybrid power engine, unless it is the 918 or P1. There is also a political aspect to all of this. For me, let the public dictate what to buy. Maybe those people like me who prefer powerful engine will cease to exist (die out) and the new gen will stick to their electric self driving car.

Originally Posted by Alan Smithee

Read that piece yesterday. A bit over-dramatic, IMO. Seemed to imply a drop in US sales will put German workers out of jobs, impacting the German economy. In reality, it will be jobs in Puebla and Chattanooga that are in jeopardy.

While VW vehicles globally have the software, I have yet to see any accusation that cars outside the US fail to meet local regulations. While an embarrassment, I just see this blowing over in most markets. The brand will be severely tarnished to US buyers, however VW does not sell a lot of cars here anyway (which is a failure in itself - I foresee another complete overhaul of VWoA coming).

Originally Posted by GSIRM3

I agree that VW is probably not going under, but a problem with your scenario outlining reasons the "government" won't levy huge fines because they don't want to put all those people out of work, and lose tax revenue, is that the US Government, EPA specifically, might be the one issuing the huge fines, not the German government. In addition to possible fines, what if the engines can't pass EPA and other European Gov emissions regulations? What if VW has to recall all those cars and replace engines, or some other costly modification, in addition to the hefty fines?

Originally Posted by Archimedes

Anyone who thinks this is going to be a relatively minor blip, that just blows over in a year or so, is kidding themselves. This is a global problem for VW that is going have massive financial consequences to the company.

Originally Posted by GSIRM3

I agree that VW is probably not going under, but a problem with your scenario outlining reasons the "government" won't levy huge fines because they don't want to put all those people out of work, and lose tax revenue, is that the US Government, EPA specifically, might be the one issuing the huge fines, not the German government. In addition to possible fines, what if the engines can't pass EPA and other European Gov emissions regulations? What if VW has to recall all those cars and replace engines, or some other costly modification, in addition to the hefty fines?

Originally Posted by fast1

My concern is that this will have a very significant impact on Porsche's R&D budget. VW will be hit in three stages: 1. The cost of recalling 11 million cars and implementing the software patch; 2. The huge fines that will be imposed on VW by the US and other countries; and 3. The class action suits.
It took Audi 15 years to restore its image from a bogus charge. Imagine how long VW will suffer from the scandal of deliberately deceiving its customers.

Originally Posted by Winegums

The only people VW was deceiving was EPA, as customer I'd be pretty happy if my car had more power. It's not like they were giving the customer a product that was potentially dangerous or cheating them.

Originally Posted by jimbo1111

I think you're wrong that this crisis won't lead to bankruptcy. The fine and subsequent recalls are enough of a catalyst to boost a car manufacturer into bankruptcy. It's bin seen time and time again. The question is whether Germany is willing to backstop the brand with a cash infusion to stem the coming bleeding that will occur. Another to big to fail fiasco for the taxpayer's intervention might be in play.

Originally Posted by fast1

Here's another link that answers your question. VW is in a very serious situation, no matter how you spin it.

http://www.nytimes.com/2015/09/23/bu...andal.html?_r=