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Volkswagen tries to stem the scandal with Matthias Mueller. As per the new advances to the automaker’s number one Porsche, who in five years has become the brand of luxury sports car in one of the most profitable brand of the Volkswagen group. Now, the 62 year old manager is up an even greater challenge, to lift the image of the house of Warburg overwhelmed by the scandal of emissions testing, deceived by a sophisticated software included in the control units of some of the diesel engines. And not just because he’ll have to explain to the world who was to plan the scam, how many jobs will be at risk and how much it will cost the scandal of the house motorist. “I will not leave no stone unturned and will act with the utmost transparency, as I will draw the right conclusions from the current situation,” he said stressing that “will be strengthened internal controls.” Then it confirmed that the industrial strategy will not suffer a setback. “Under my leadership, the Volkswagen will make every effort to develop and implement standards of compliance and governance more rigorous in our industry and will emerge from this crisis stronger than before.”
President Huber, who spoke of” moral and political scandal, “said that the supervisory board” has proposed to suspend several employees waiting for the story to be clarified. ” According to the council, the scandal emissions was caused by a “small group of people.” On 9 November in Berlin an extraordinary general meeting to approve the restructuring plan.
It was not yet made public the other hand, the list of models tampered: when You only know that those are diesel-powered EA 189, which is mounted such as Golf, Jetta, Passat and Beetle and Audi A3. The German Transport Minister, Alexander Dobrint had proved to be “informed that in Europe vehicles with diesel engines 1.6 and 2.0 have been manipulated.” So it is likely that the Old Continent there is in circulation a number of cars that pollute more than it says: only in Germany are 2.8 million vehicles involved in the scandal, and among them there would also 1.2 displacement cars and some vans .
Meanwhile, Switzerland has temporarily blocked the sales of new diesel cars of the house of Warburg. That’s about 180,000 vehicles Volkswagen, Audi, Skoda and Seat, built from 2009 to 2014.
The arrival of the new CEO is not able to put a parachute to title that Volkswagen had another crash leaving behind the 4.32% to EUR 107.30. The dieselgate is putting at risk the value of the brand Volkswagen has already reduced by several billion. “Earlier this year we consider the mark of 31 billion dollars, up from 27 billion in 2014, but now we expect a reduction of these assets of about 10 billion,” said David Haigh, CEO of Brand Finance. The resulting estimate is not trivial: in Wolfsburg, to return to pre-scandal, and it will take between five and ten years. Furthermore, the cost of recalls and fines could be much more significant than estimated. Add to that the damage to the image which in fact can not be calculated for a brand that was identified with “Das Auto” and who now faces, with a play on words, it switches to a history – underlines Brand Finance – as “Crass car ‘ .
The repercussions could be felt on other sectors. For the governor of the Bundesbank, Jens Weidmann, this scandal “has compromised the Made in Germany and is therefore important that you clarify quickly the size of the manipulation.”
they would be removed clouds of scandal even for BMW. The magazine AutoBild who wrote the risk of infringement to the mark yesterday backtracked stating that “there is no evidence of manipulation of data on emissions by the manufacturer.”
The Daimler meanwhile has returned to” categorically deny any accusations of manipulation. “
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