http://www.bbc.co.uk/news/av/world-us-c ... california
Seems that VW is stuck with over £5 billion worth of cars they had to buy back in the US. What will they do with them? What an environmental disaster on all counts.
John
Got a credit card? use our Credit Card & Finance Calculators
Thanks to Anonymous,bruncher,niord,gvonge,Shelford, for Donating to support the site
What are VW going to do with 350,000 cars?
-
- Lemon Half
- Posts: 9024
- Joined: November 4th, 2016, 9:06 am
- Has thanked: 1346 times
- Been thanked: 3741 times
-
- Lemon Slice
- Posts: 996
- Joined: November 4th, 2016, 5:47 pm
- Has thanked: 168 times
- Been thanked: 161 times
Re: What are VW going to do with 350,000 cars?
They cannot sell them into the UK market as it will undermine their business model in the UK.
I suspect they will be sold into the Chinese, Indian and Asian markets where environmental rules are way more lax.
I suspect they will be sold into the Chinese, Indian and Asian markets where environmental rules are way more lax.
-
- Lemon Slice
- Posts: 668
- Joined: November 4th, 2016, 9:05 pm
- Has thanked: 141 times
- Been thanked: 167 times
Re: What are VW going to do with 350,000 cars?
redsturgeon wrote:http://www.bbc.co.uk/news/av/world-us-canada-43592885/volkswagen-s-car-graveyard-in-california
Seems that VW is stuck with over £5 billion worth of cars they had to buy back in the US. What will they do with them? What an environmental disaster on all counts.
John
"VW have 37 of these car 'car parks'. This one is based in Caifornia"
Based in? Does it go home at the weekends or something?
-
- Lemon Half
- Posts: 9024
- Joined: November 4th, 2016, 9:06 am
- Has thanked: 1346 times
- Been thanked: 3741 times
Re: What are VW going to do with 350,000 cars?
Ashfordian wrote:They cannot sell them into the UK market as it will undermine their business model in the UK.
I suspect they will be sold into the Chinese, Indian and Asian markets where environmental rules are way more lax.
Not to mention LHD vs RHD !
John
-
- Lemon Half
- Posts: 8291
- Joined: November 8th, 2016, 2:30 pm
- Has thanked: 2940 times
- Been thanked: 4049 times
Re: What are VW going to do with 350,000 cars?
And they're all being serviced and maintained, which surely implies that VW intends to sell them one day. Well, either that, or there's some devious tax angle that makes it better not to simply write them off. (I suppose they're still worth a billion or two on the balance sheet?)
I can't see how dumping them onto some third world market would do anything but harm to Volkswagen's image, though. Maybe North Korea would take them?
BJ
I can't see how dumping them onto some third world market would do anything but harm to Volkswagen's image, though. Maybe North Korea would take them?
BJ
Return to “Cars, Driving, Motorbikes or any Transport”
Who is online
Users browsing this forum: No registered users and 5 guests