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Tag: scandal
Porsche SE nine-month profit halved due to VW scandal costs
2015-11-11 13:52:30| Auto Dealers - Topix.net
The emissions scandal in which Volkswagen is involved, have affected Porsche SE, its net profit being reduced more than half. The car sales have remained strong, though.
Tags: due
costs
profit
porsche
VW scandal hits Porsche profits
2015-11-10 15:45:23| BBC News | Business | UK Edition
Profits at Porsche, which owns a controlling stake in Volkswagen, have halved in the wake of the diesel emissions scandal.
Tags: hits
profits
porsche
scandal
VW Struggling to Keep Dealers Happy as Scandal Widens Worldwide
2015-11-10 02:33:09| Auto Dealers - Topix.net
Volkswagen AG's goodwill offer of $1,000 to the owners of cars caught in the emissions scandal comes as the company wages a behind-the-scenes effort to soothe another powerful constituency: its U.S. dealers. The German company is offering cash and no-interest loans to its roughly 650 dealerships that are stuck with cars that can't be sold but are taking up precious space in their lots.
Tags: happy
worldwide
dealers
struggling
GM could pay out more in switch scandal
2015-11-09 22:54:17| BBC News | Business | UK Edition
General Motors may face larger penalties in trials related to the use of faulty ignition switches.
VW Gives 'Goodwill Package' to Customers in Wake of Scandal
2015-11-09 19:43:33| Automakers - Topix.net
Volkswagen of America will give prepaid credit cards to diesel vehicle owners caught up in the automaker's emissions-cheating scandal in an attempt to recapture some trust lost during the nearly two-month old affair. The program, called the "Customer Goodwill Package," includes a $500 prepaid Visa card that can be used for any purchases, and a separate $500 "dealership card" that can be used for purchases at VW dealerships, such as credit toward a new car or accessories.
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customers
package
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