Quote:
Originally Posted by zamler
20% is a major hit in sales.
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That is the stock price, the stock price doesn't dictate how many cars VWAG sells.
It very well could impact delivered units 20%. It could impact it 50%, it could also impact it nothing depending on what sort of incentives VW comes up with to compensate. The share price doesn't immediately affect the dealers bottom line, we are a franchised operation. A dealer could just ramp up their used car dept with off-make sales if there is a new car sales dip to compensate.
As a dealer employee, the stock price has little to no impact on me personally. All that matters to us, is how many cars, our dealership sells. VW isn't going to go under because of this, I am not worried about that. As a dealer you just have to figure out how to get around news like this. There's nothing we can do to change what happened.
Either way, I don't speak directly for VW or our dealership, I am just shooting the poop on this thing like everyone else. It will be interesting to see how this plays out in the end.