Who cares what they want to do in the future (if there is one for VW). They need to fix the TDI issue before they do anything else.
Maybe that'll be VW's new logo/motto. This is politicians doing what they do; trying to make sure VW keeps their state employment numbers steady.
I doubt that VW customers, employees, dealers, investors, etc. rank too high in the EPA's priority list. Pushing environmental agendas, such as saving baby seals and pushing EVs are likely at the top.
Who cares what they want to do in the future (if there is one for VW). They need to fix the TDI issue before they do anything else.
BTW, where to think electricity comes from? The ether? A lot of it is "clean coal"
Good point, VWs got the technology to go from diesel to electric with a few snaps of Muller's fingers. California will be happy at that, they love their Porsches and can even get electric ones, VWs not a slacker. They work hard.
Fixing 14's and 15's only makes no sense. They are two completely different platforms with two completely different emission systems. Why develop a fix for just the 14's and not older cars that meet some kind of buyback threshold?
Said baby seal went to the bar, what did it order?
Not as much as you and others think. Mine has only dropped a normal amount since last July.($1,000) KBB has my car and a similar gasser at $9900 and $6200. In July it was worth $10,900. I have put 15,000 miles on it since then. Seems normal to me. When mine was new, it dropped like a rock until it was about 1/2 of what I paid for it. This was along time before the scandal. The main contributor is fuel cost, demand, and market saturation. The few people that want a diesel already own one. The "car every 2" crowd is trying to unload them at the same time. This brings the price down. The scandal might have a small percentage of affect.
It's actually a little more then just resale. I am held hostage to a car I no longer want. I have a baby due in 4 weeks, I need a bigger car, 4 door, something useful as a family car. I can't trade my car in for fair value. I could trade it in and loose money. Then I would no longer be part of the process to get paid for damages as I no longer even own a VW. So I can't do anything. I can buy another vehicle but VW is never going to pay my damages for being forced into own two vehicles at the same time. Heaven forbid I get a big repair at this point needed on my car. It has 90K miles. I could have sold it already many times to get my next vehicle. But I don't want to take a 30% drop in value. Some dealers said they wouldn't even take it.
We will get an extension cord!
Don't limit yourself to trading it in. The last time I traded in a car was 1996. I traded in a 1994 Wrangler with 30,000 miles on a new 1997 Wrangler. I was upside down.....never again. I've sold every car since then to a private party.
In a normal business arrangement, you would be correct. However, we're talking about a company that made a conscious decision to lie to investors for well over a year.
I challenge anyone to find evidence that VW executives give more than zero f***s about their investors, or anyone else...for that matter.
Yes, you have the skills to sell your own car, and buy a car separate of trading. You can make $2,000 -- $4,000 or more for your skills-patience-talents. But, not everyone has those skills.
Regardless... I highly doubt when all this is said and done, people will be rushing out to buy diesel passenger cars. There have been several articles stating how vw's scandal is hurting diesel sales across the board. I think VW has sucessfully tarnished the diesel passenger car market in the U.S.