Volkswagen
Subscribe
Curious3GTL
Three Wheelin'
close
Yesterday
- Join DateMar 2013
- LocationNorth Carolina
- Posts:1,858
-
iTrader Positive Feedback0
-
iTrader Feedback Score(0)
-
Likes:1,409
-
Liked:680 Times in 427 Posts
Anyone thinking of buying some stock while it's low? It was down another 20% today.
Suzuka Master
usdmJON
Suzuka Master
close
Apr 21, 2024
- Join DateApr 2013
- Posts:6,511
-
iTrader Positive Feedback0
-
iTrader Feedback Score(0)
-
Likes:368
-
Liked:849 Times in 679 Posts
Maybe it has to do with the 18 billion dollars worth of penalties the US auto market is about to hit them with.
EPA: Volkswagen used ?defeat device? to illegally skirt air-pollution controls - The Washington Post
EPA: Volkswagen used ?defeat device? to illegally skirt air-pollution controls - The Washington Post
Quote:
The alleged scheme employed a sophisticated algorithm, installed in the emissions-control modules, that could detect when a vehicle was undergoing emissions testing. The software, which the EPA called a “defeat device,” would turn on full emissions controls during testing and switch them off again under normal driving conditions.
The alleged scheme employed a sophisticated algorithm, installed in the emissions-control modules, that could detect when a vehicle was undergoing emissions testing. The software, which the EPA called a “defeat device,” would turn on full emissions controls during testing and switch them off again under normal driving conditions.
Curious3GTL
Three Wheelin'
close
Yesterday
- Join DateMar 2013
- LocationNorth Carolina
- Posts:1,858
-
iTrader Positive Feedback0
-
iTrader Feedback Score(0)
-
Likes:1,409
-
Liked:680 Times in 427 Posts
I know that, you'd have to be living under a rock not to know. I was just seeing what people thought the bottom was and if so would they buy at a certain point?
doopstr
Team Owner
close
Aug 26, 2025
- Join DateJan 2001
- LocationJersey
- Age54
- Posts:25,967
-
iTrader Positive Feedback0
-
iTrader Feedback Score(0)
-
Likes:1,741
-
Liked:2,685 Times in 1,514 Posts
I don't think you need to buy today. This will probably be like BP after the gulf oil spill or Toyota after sudden acceleration. This news story won't go away for a while. I just read that the CEO quit.
Curious3GTL
Three Wheelin'
close
Yesterday
- Join DateMar 2013
- LocationNorth Carolina
- Posts:1,858
-
iTrader Positive Feedback0
-
iTrader Feedback Score(0)
-
Likes:1,409
-
Liked:680 Times in 427 Posts
Quote:
I saw that too. Plus if they did it to one engine why shouldn't we assume that others won't be affected as well? I'd be interested to see what else comes with this. I do however think that there will become a buying point. Sucks for the people who just bought shares last week.....Originally Posted by doopstr
I don't think you need to buy today. This will probably be like BP after the gulf oil spill or Toyota after sudden acceleration. This news story won't go away for a while. I just read that the CEO quit.
Will Y.
Registered but harmless
close
Jun 15, 2026
- Join DateAug 2005
- LocationLos Angeles, CA
- Age61
- Posts:14,890
-
iTrader Positive Feedback0
-
iTrader Feedback Score(0)
-
Likes:319
-
Liked:1,164 Times in 786 Posts
Quote:
Originally Posted by doopstr
I just read that the CEO quit.
Gone, just like VW's credibility and good will for the next five years or so.
Curious3GTL
Three Wheelin'
close
Yesterday
- Join DateMar 2013
- LocationNorth Carolina
- Posts:1,858
-
iTrader Positive Feedback0
-
iTrader Feedback Score(0)
-
Likes:1,409
-
Liked:680 Times in 427 Posts
Quote:
Gone, just like VW's credibility and good will for the next five years or so.
Will it take 5 years though? I feel like Toyota didn't take that long to recover from the acceleration issue. Granted it later came out that it was all BS expect for one case, but that wasn't heavily reported. GM from what I can tell has already recovered from the ignition switch recall. I guess we have to wait and see how long it drags out.Originally Posted by Will Y.
Gone, just like VW's credibility and good will for the next five years or so.
justnspace
Moderator
close
Jun 16, 2022
- Join DateFeb 2010
- Posts:86,293
-
iTrader Positive Feedback100
-
iTrader Feedback Score(1)
-
Likes:21,059
-
Liked:16,294 Times in 11,994 Posts
Quote:
Originally Posted by Curious3GTL
I know that, you'd have to be living under a rock not to know. I was just seeing what people thought the bottom was and if so would they buy at a certain point?
dont mind him, he's only 16
Costco
Moderator
close
Mar 25, 2026
- Join DateJun 2006
- Posts:29,869
-
iTrader Positive Feedback0
-
iTrader Feedback Score(0)
-
Likes:4,859
-
Liked:3,489 Times in 2,089 Posts
Dropping in here to keep tabs on on when would be a good time to buy.
doopstr
Team Owner
close
Aug 26, 2025
- Join DateJan 2001
- LocationJersey
- Age54
- Posts:25,967
-
iTrader Positive Feedback0
-
iTrader Feedback Score(0)
-
Likes:1,741
-
Liked:2,685 Times in 1,514 Posts
I think it's a great time to buy a VW car if that's what you like. I read that VW used car values dropped 15%.
I wouldn't touch the stock until we get an indication of how sales are affected. Maybe people don't care and keep buying them.
I wonder if it will spill over into Audi/Porsche? Will dealers go out of business?
I wouldn't touch the stock until we get an indication of how sales are affected. Maybe people don't care and keep buying them.
I wonder if it will spill over into Audi/Porsche? Will dealers go out of business?
doopstr
Team Owner
close
Aug 26, 2025
- Join DateJan 2001
- LocationJersey
- Age54
- Posts:25,967
-
iTrader Positive Feedback0
-
iTrader Feedback Score(0)
-
Likes:1,741
-
Liked:2,685 Times in 1,514 Posts
http://www.cnbc.com/2015/11/02/epa-s...iolations.html
Quote:
The Environmental Protection Agency on Monday issued a second notice of violation against Volkswagen, and this time included a Porsche model.
Monday's announcement adds more vehicles to the list of affected cars, including the 2014 VW Touareg, the 2015 Porsche Cayenne and the 2016 Audi A6 Quattro, A7 Quattro, A8, A8L and Q5.
The EPA said the German automaker installed software designed to defeat emissions tests on 2014 to 2016 vehicles with 3-liter, six-cylinder diesel engines. In September, the automaker acknowledged rigging emissions tests for four-cylinder diesel engines.
The new notice marks the first time a Porsche model has been implicated in the scandal.
Volkswagen refuted the allegations and said it had installed no software on its 3-litre V6 diesel motors to improperly change emissions values. It said that it was cooperating fully with the EPA.
The Environmental Protection Agency on Monday issued a second notice of violation against Volkswagen, and this time included a Porsche model.
Monday's announcement adds more vehicles to the list of affected cars, including the 2014 VW Touareg, the 2015 Porsche Cayenne and the 2016 Audi A6 Quattro, A7 Quattro, A8, A8L and Q5.
The EPA said the German automaker installed software designed to defeat emissions tests on 2014 to 2016 vehicles with 3-liter, six-cylinder diesel engines. In September, the automaker acknowledged rigging emissions tests for four-cylinder diesel engines.
The new notice marks the first time a Porsche model has been implicated in the scandal.
Volkswagen refuted the allegations and said it had installed no software on its 3-litre V6 diesel motors to improperly change emissions values. It said that it was cooperating fully with the EPA.