Recent content by CX-SV

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    USA Mazda Diesel Engine Delayed Again

    Plus VW fraud fiasco, putting the so-called advantages of diesels here and especially in Europe under considerable scrutiny finally.
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    Obviously self-inflicted. I'm certainly glad to not be an owner of any VW product, because owners are screwed to some degree too.
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    Yes whatever, VW is screwed.
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    VW will be a seriously weakened company for several years. It's balance sheet had more debt before the crisis than most automakers, and now the cost to borrow just went up for them. They were already losing market share in US before the crisis. VW's profit margins weren't that impressive...
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    Yes and VW was slipping in US before this fraud was announced...
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    In 2011 Volkswagen lobbied that its diesel engines receive special fuel economy credits for their environmental friendliness, just as zero-emission electric cars were receiving: http://www.nytimes.com/2015/10/07/business/international/volkswagen-sought-a-green-seal-for-its-diesel-cars.html
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    Yes in first 6 months of 2015, by only 20,000 units. They never hit the number one spot for a full year. Rest of 2015, game over for VW. VW will likely set a record for 2015, red ink or largest losses for major automaker.
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    Watch the shareholder wealth decline... Remember this is the company that wanted to hit #1 spot for 2015, as the automaker with most cars sold in year.
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    Drove the cx-3. We are buying one

    Probably due to tires (old/worn versus new/unworn). Also GT's tend to get the quieter/better tires from factory too.
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    Anybody else feel funky downshift while sitting at a stop light?

    My early build 2013 2.0L did the same.
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    The VW BOD is putting on their Teflon. Let's see what "staff" was involved here, likely includes some higher level execs. Maybe VW is doing Europe a favor so they face up to the diesel filth/air pollution that is so widespread in London and Paris for example.
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    "Cheap" is not what makes a stock a good investment. VW already carries more debt than most automakers and settling this huge fraud case across many nations only adds (severely) to financial weakness.
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    "Stop sale" currently in place for used/new TDI's at VW US dealers, so they can't even play pricing game on something they can't sell. And the 2016 TDI's (not approved for sale in US) are also gathering dust at the ports. (Not that I even want such a undesirable car.)
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    Yep, DOJ's working closely with EPA on this fraud case.
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    Volkswagen Ordered To Recall 500K Vehicles Over Its Own Malicious Programming

    Not difficult to predict that TDi resale values are declining, reputable sources of that data will soon confirm it in their monthly/periodic updates (so it will be easy to substantiate soon enough). None of this news is good for any VW resale values (gas or diesel). Many customers are done...
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