Effect of VW emissions scandal on early Porsche values

[Mr9146]

Bottom line: NOTHING is going to happen to VW or any of its protectorates. Too many have too much skin in the game. In fact, I would not be shocked if some in the greater VW universe were not using the short term depressed stock price to stock and increase their position.

Sooooo the general consensus is Too Big To Fail?

BTW, I am a VW stock buying MOFO right now.

[911quest]

GM gets bailed out...
Toyota has there issues with cars won't shut off...
The whole airbag fiasco..

I personally think VW was threatening there position as the worlds largest car manufacturer. VW will survive and to think there's no chickens involved this time.

[37yrold911]

Jokingly,

In a panic, VW hires Wiedeking to save the company! ...

Lee
302340

hhhmmmmm...

[silverc4s]

Some legacies will be tarnished, in spite of the manuvering of Piech and others... Bad news travels round the world while good news is still getting out of bed.

[geneulm]

The only thing a Porsche or Piech family member fears is another family member....

http://www.spiegel.de/international/...-a-637243.html

[jerryg]

Question: When any company is fined a gizzilion billion dollars by the US federal government, where does that money end up?

[37yrold911]

depends on the law - this is EPA so maybe it goes to the Treasury? I'm sure they don't let the agency keep it.

BTW - NYTimes has an interesting article today - EPA can fine up to $37+k per day per violation; but when a safety issue directly kills people (instead of indirect health and env'l damages like with EPA) the fines are much lower
-- something to fix for NHTSA

[Frankr]

Costs for lost class actions for false advertising and loss of resale value will be astronomical. Coming soon to your TV--ads for lawsuits against VW for all such losses and more. And VW deserves to lose every one.

[StephenAcworth]

I'm sure that VW Group is ring fencing all its assets (VW, Audi, SEAT, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, VW Commercial, Scania, MAN) to limit the severe damage to Volkswagen cars... and I am sure that the authorities pursuing this case will be aware that to put the company out of business would be ruinous for many reasons... there will be sacrificial resignations, payment of some fines, endless apologies, and probably some jail time.

I am however intrigued by the timing... seems EPA were notified of the anomaly by someone on the inside... then they investigated... how long is it since Piëch walked?

Perhaps a case of revenge agains the people who stood against him?

Generally though, I think the value of the early cars should be unaffected by this debacle.

That would be the end of VW as we know it.
Unless other car manufactors did the same, which might is the case.

[Frank Beck]

,

The dealers are screwed big time. Keep in mind that VW does not sell a car to the end user. VW sold all of these cars to dealers. The dealers then resold the cars to the end user.

The AutoNations of the world can convert their VW dealerships to a Honda store isn less than a week. It's the small town dealership that gets screwed. Then again isn't that always the case?

Richard Newton
Historic Racing Images

^^^
Ridin' a killer wave then body-slammed. The optics alone will keep customers away.

Guess I need to start trolling the VW dealerships for techs.