^^ thanks for the links. Another part I find interesting is that a lot of VW owners have an environmental conscience which may have played a factor in their purchasing decisions. I could see some people being pretty upset about this
This kinda reminds me of the whole Android benchmark testing shenanigans. Anandtech had to make a "I Can't Believe I Have to Make this Table" that showed various models that cheated on which benchmark tests.
Except this is breaking laws and regulations. And will likely result in lawsuits.
I'm quite concerned about what this means for me. Although I'm not sure what the regulations are in Alberta, if they do need to do a recall and fix the emissions, how will this effect the mileage on my vehicle, as it was the main reason I paid substantially more than the regular 2.5L Golf. Also, how will this effect my resale value, as it was another big factor that played into me buying the car I did. If either of these are impacted, there needs to be some sort of restitution for myself and others who have paid a premium for these vehicles.
I can't imagine that any kind of fix will help your mileage. It's got to hurt it if anything, right?
I wonder if people can refuse the recall? But then would the car be "roadworthy/legal (I don't know what to call it) - man, this whole thing is going to get messy.
It's definitely going to affect resale value which is why there is a lot of chatter about lawsuits being prepared for "diminished value" in the US.
So it's possible in California and some other states that owners might not be able to register their cars until they are brought up to regulations. You could end up with a car you can't legally drive, harsh.
I get why resale value in California and emission controlled states would drop but why is a VW outside of those areas affected. It just emits a little more NO2 a gas you didn't care about until today.
I get why resale value in California and emission controlled states would drop but why is a VW outside of those areas affected. It just emits a little more NO2 a gas you didn't care about until today.
It's the federally mandated EPA limits that they are violating. I'm sure the federal government will want to enforce that the fix is mandatory across the country. I don't know if Canada has any similar laws.
And it looks like it is going to be a whole lot worse:
Quote:
hares in Volkswagen plunged another 20% Tuesday, after crashing 17% Monday.
That means more than a quarter of the value of the company has been wiped out since Friday when U.S. regulators revealed that the company had cheated in emissions tests on about 500,000 vehicles.
And the scandal keeps growing. Volkswagen said Tuesday internal investigations had found that some 11 million vehicles worldwide showed a noticeable deviation in emissions between test results and road use.
It sounds like VW will do their best to make it right with owners. But can they do that without running out of money first?
If i owned a TDI, I'm not sure I'd really want to take it in for any "fix". You just know that fix will be the cheapest solution the manufacturer can do to get the car in line with environmental regulations....at the expense of power and mileage. In the end you'll get a car that will probably be a castrated version of itself. No thanks. For these cars to run properly and still be clean, they need Urea systems, but Im not sure it's possible to retrofit these cars.
If I was an owner, I'd rather get cash to cover the depreciation of my car, the premium I paid for the diesel version over gas in the first place, and some extra cash restitution for the trouble of it all.
What really hurts for VW about this is the people who buy the Diesels tend to be the hardcore VW fans. They basically screwed over their biggest champions.
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So for those with more knowledge on the subject...if one were to have a new car from VW on order (Golf R) should one reconsider? It doesn't sound like this really affects gasoline engines but the concern here is that build orders would be pushed back because of financial reason...or something.
If i owned a TDI, I'm not sure I'd really want to take it in for any "fix". You just know that fix will be the cheapest solution the manufacturer can do to get the car in line with environmental regulations....at the expense of power and mileage. In the end you'll get a car that will probably be a castrated version of itself. No thanks. For these cars to run properly and still be clean, they need Urea systems, but Im not sure it's possible to retrofit these cars.
If I was an owner, I'd rather get cash to cover the depreciation of my car, the premium I paid for the diesel version over gas in the first place, and some extra cash restitution for the trouble of it all.
What really hurts for VW about this is the people who buy the Diesels tend to be the hardcore VW fans. They basically screwed over their biggest champions.
It is a pretty hard sell to get vw owners to come in and voluntarily detune their car. I'm sure the EPA will want to ensure the solution is enforced on existing cars. Probably through state registration systems, and they'll probably want VW to pay the bill to get that in place.
2nd biggest car company in the world, I think they'll be okay
They'll probably stay afloat, I suppose. But they are probably not going to be that ok. They've set aside 7 billion already to cover this, and it is tough to image that will not double or triple. Their market cap has already fallen from about 80 billion to about 50 billion. If the costs end up being more like 20 to 30 billion and sales take a big hit, it will be some tough going for the company.
It's all too bad, because I really did like the TDI Sportwagen I used to have and was a big supporter of diesel in general.
Toyota had the ordeal with brakes, Ford had the Firestone scandal, GM makes mistakes that kill their customers with seeming regularity....and they all survived. VW will get over this as well. It will cost them at ton of money and brand equity, but they'll survive.
