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02-05-2025, 03:58 PM
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#51 | | I subscribe to the Fight Club ONLY
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Originally Posted by AstulzerRZD  imo this is just the start.
VW, Nissan, and Stellantis are structurally fucked.
VW's already going at it with their unions and soon the goc.
Stellantis is already going at it with their gov. | I agree that VW is seriously fxxked. They can't lower their labour costs nearly enough to be competitive, or maybe even just stay in business. If you look at it that way, they can only go bankrupt.
On the other hand, the state of Lower Saxony owns over 10% of the company, and has a 20% voting right. Given how big an employer VW is in Germany, I don't see how the Lower Saxony gov as well as the Germany gov will allow VW to fail. VW is essentially Germany's version of GM. Just as the US gov has bailed GM out in 2009, I'd also expect the state and federal govs in Germany to bail VW out one way or another as well.
__________________ Quote:
Originally Posted by westopher The whole world has gone down a road no one can recover from, and it's nothing to do with governments, it's because so much of the general public is so fucking stupid. | | 
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02-05-2025, 06:06 PM
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#52 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Mar 2011 Location: NYC
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yeah VW will get propped up, the unions will get screwed, German politics will go further right wing, and maybe in 2027 they will have competitive cars with Rivian's software.
Stellantis is seriously screwed, they invested 0 in software, their EVs don't even have a trip planner that can plan charging, and they have too many dead brands.
They will disappear by 2030.
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2002 AP1 S2000 "Mustard"
2024 F150 Lightning
Past:
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- '20 Ford Mustang GT Convertible
- '04 Acura TL 6MT
- 🛴 Lime Scooter 🛴
- '16 Golf 1.8T
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02-05-2025, 06:44 PM
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#53 | | Rs has made me the man i am today!
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When we say VW are we saying VAG or just VW? I can't imagine Porsche will be in trouble or Lamborghini or Bentley.
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Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
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02-05-2025, 06:52 PM
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#54 | | OMGWTFBBQ is a common word I say everyday
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Like how will they survive? Even if the gov throws money at them. No one buys vws besides China hobs and troll face. They are asking like $95000 for a EV bus. 
Like what can they do? I don't see any attractive VW product that I would spend money on. Not that cheap, not as good as BMW Benz, shit reliability compared to da Japanese
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02-05-2025, 07:41 PM
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#55 | | Willing to sell body for a few minutes on RS
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China hobz loves his hitlerbox. Ich bein ein VW
Did you know VW was the first western car manufacturer in mainland China ?! Yup. My aunt used to work in the VW plant in Shanghai when I was just a wee baby. I used to play with metal or tin or mercury laced match box cars.
Love VW. Loathe Porsche. Go figure.
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Geriatric Motoring Crub Member #444 | |
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02-05-2025, 08:11 PM
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#56 | | OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2014 Location: Van
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When I think of China VW, I think of this, I doubt it's a good car to own.  | |
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02-05-2025, 08:29 PM
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#57 | | Willing to sell body for a few minutes on RS
Join Date: Oct 2016 Location: Ricemond
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It’s true but hell they do last. You see those old VW clunkers everywhere around China
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Geriatric Motoring Crub Member #444 | |
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02-05-2025, 09:01 PM
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#58 | | I subscribe to the Fight Club ONLY
Join Date: Aug 2007 Location: Paradise, BC
Posts: 7,232
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| Quote:
Originally Posted by supafamous When we say VW are we saying VAG or just VW? I can't imagine Porsche will be in trouble or Lamborghini or Bentley. | I am only referring to VW, not VWAG. Most news reports only talk about VW's woes, and I don't think they are referring to VWAG either when they talk about VW's current financial troubles.
For the time being, I don't think Porsche is in any immediate danger. As an upmarket brand, they have bigger profit margins to begin with. Furthermore, they have been jacking up their prices at a pace much faster than inflation. Case in point -- back in 2018, the base Cayman was a Cdn $62.7k car. In 2024 dollars, that's $75.7k. But the current 2025 model is asking for $85.3k. In a similar vein, a 2014 Macan S started at Cdn $54.3k, which is $70.3k in 2024 dollars. Today, a 2025 Macan S starts at $86.6k.
(But gosh... I still want a Macan S lol~)
__________________ Quote:
Originally Posted by westopher The whole world has gone down a road no one can recover from, and it's nothing to do with governments, it's because so much of the general public is so fucking stupid. | | |
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02-05-2025, 10:32 PM
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#59 | | OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2014 Location: Van
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Just heard Ford earnings and they lose $37000 on EACH EV. Yea America #1  | |
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02-06-2025, 01:10 AM
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#60 | | "They call me Bowser...RawR!"
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Maybe if VW didn't make money losing decisions... lol
Lost money on every Phaeton and the $200MM factory they built to produce the car... The Veyron cost like $6MM per car to build and they sold them at a loss at $1.25MM... lost almost $5MM per car. I mean, I'm thankful a car like that was built but from a financial standpoint, that's a lot of money to lose.
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