VW Troubles in the press again today

[tracktoy]

Yesterdays news

VW suspends work on electric Golf as retrenchment hits HQ​

MSN

 

[Tell]

Yesterdays news

VW suspends work on electric Golf as retrenchment hits HQ​

MSN

Its a bit non stop ️. Perhaps it's targeted to give the German factory workers a shock so they fall in line. I'm not so sure about the 5,000 or so Caraid workers if they take Xpeng software and Ravian AI voice... but given past record they got it coming .

 

[serdar_18fr]

... but given past record they got it coming

I'd blame "visionaries" at the helm and top execs, who probably leaned on VAGs power and had too much wild dreams, not middle managers or developers themselves. Teams need clear and attainable goals.

 

[Tell]

I'd blame "visionaries" at the helm and top execs, who probably leaned on VAGs power and had too much wild dreams, not middle managers or developers themselves. Teams need clear and attainable goals.

Well they did send the manager off packing with DieselGate. I think some of the Cupra managers fell on their sword and the Caraid people over mib3. Mib3 they had to turn round quick after Diesel gate to get income and probably thought they could do in place software upgrades but only the infotainment unit gets updated not the control systems. Then you have the customers that think they can do upgrades themselves and tinker with systems that are increasingly locked down.

The visionaries on the Cupra side taken in by tribe marketing so they nicked the name and branded themselves as Cupra Tribe. Still we love those videos of the launches. Middle aged Germanic men trying to be cool.

 

[Tell]

Volkswagen logs Q3 operating loss of €5.86 billion on Porsche writedown

The Volkswagen Group has filed its worst quarterly performance since the height of the "Dieselgate" scandal in 2015. Share prices climbed in response, however, perhaps because the bad news was so well signposted.

amp.dw.com

DW

VW logs €5.86 billion Q3 operating loss on Porsche writedown​

10/29/2026October 29, 2026

The Volkswagen Group has filed its worst quarterly performance since the height of the "Dieselgate" scandal in 2015. Share prices climbed in response, however, perhaps because the bad news was so well signposted.

 

[tracktoy]

And as previously mentioned this does not just impact VAG.

Schaeffler are going to cut 3,460 jobs and close 5 factories due to both ICE and ELECTRIC car sales being lower.

 

[Tell]

On the positive side the Skoda EV range is doing well. Elrog tipped to be car of the year. The one that Seat / Cupra could have brought to us with a badge change and removal of the umbrella holder etc like the Karog / Ateca. Things dont seem to be thought throu too well. Keep brand loyalty by offering the same cars but just repackaged differently. The 3x3 SUVs was 3 SUV styles and 3 brands gave 9 cars out of 3 brands. Now the 6 other people out of the 9 may buy a Kia or something.