VW TDI EPA Recall (2.0L and 3.0L)

nickyt · May 1, 2016

Oregon TDI said:
I consider myself open minded and I love VW product. I hate obvious cases of gvt run amok and pushing people or companies around to score points with voters or whatever.

But damn, VW deserves exactly what they're getting.

Exactly. VW Execs have circled the wagons and all are playing the shift the blame game.

At the same time they are demanding their full executive bonuses, they are announcing that the workers need to accept painful cuts.

It is hard to feel sorry for the executives who ran VW, full speed ahead, into this premeditated mess.

MtnPass · May 1, 2016

Curious if this teaches the entire industry a lesson.

richyrich2 · May 1, 2016

nickyt said:
Exactly. VW Execs have circled the wagons and all are playing the shift the blame game.

At the same time they are demanding their full executive bonuses, they are announcing that the workers need to accept painful cuts.

It is hard to feel sorry for the executives who ran VW, full speed ahead, into this premeditated mess.

The anti-executive thing is bogus and I'm tired of hearing it. A small proportion of execs may have known about what was going on, the rest have probably worked their asses off doing their job well in key roles at a hugely successful and complex global organization. As individuals they absolutely deserve the compensation they signed up for and I think you'd expect the same if you were in their shoes. Whether one or two are eventually prosecuted and penalized with loss of freedom or money, we'll see, but this whole idea of blaming all the "bosses" and penalizing them now, en-masse is unrealistic and over-simplistic.

nickm · May 1, 2016

I Agree on the exec bonus thing. Nobody works for free, and if your comp is a bigger number than most it shouldn't put a target on your back....even if the top guys are getting 20mil running the worlds largest auto maker (it did end up #1 again despite diesel gate) it is less than what the top 5 NFL quarterback earned last year...and all but one of them failed to do their job of winning.

this is a systematic internal issue that likely is beyond exec ability to change or control

nickyt · May 1, 2016

richyrich2 said:
The anti-executive thing is bogus and I'm tired of hearing it. A small proportion of execs may have known about what was going on, the rest have probably worked their asses off doing their job well in key roles at a hugely successful and complex global organization. As individuals they absolutely deserve the compensation they signed up for and I think you'd expect the same if you were in their shoes. Whether one or two are eventually prosecuted and penalized with loss of freedom or money, we'll see, but this whole idea of blaming all the "bosses" and penalizing them now, en-masse is unrealistic and over-simplistic.

Your "small proportion of execs" are the ones we are complaining about.

The first I have heard about blaming "all the bosses" and penalizing them was when I read it in your quote above. What is your rant about? Since you quoted me, I have the right to ask.

There are several good lower managers at VW. They were not involved in the scandal, but the drop of sales will guarantee their bonuses are slashed.

VW lost a great manager when Micheal Horn was forced out.

nickyt · May 1, 2016

German finmin criticizes Volkswagen management over bonuses: paper | Reuters

Germany's finance minister Wolfgang Schaeuble has criticized the executive board of scandal-ridden carmaker Volkswagen for not waiving bonuses despite bringing the company to the brink of collapse.

"I have no sympathy for managers who first drive a large blue chip-listed company into an existence-threatening crisis and then defend their own bonuses in a public debate," Schaeuble told German weekly Frankfurter Allgemeine Sonntagszeitung.

"That shows that something is not working."

Volkswagen plans to pay the 12 current and former members of its management board 63.24 million euros ($72.44 million) for 2015, a year when Europe's largest carmaker posted a record loss due to legal and compensation costs for cheating diesel emissions tests.

The company withheld a small part of bonus payments but will award them at a later date if certain performance criteria are fulfilled, including a recovery of the Volkswagen's share price.

The bonus payouts have sparked public outrage in Germany and a spat within Volkswagen's supervisory board.

nickyt · May 1, 2016

http://www.autonews.com/article/20160501/OEM02/305029959/vw-whips-up-miracle-view-of-u.s.

WOLFSBURG, Germany -- The U.S. may be ground zero for Volkswagen's diesel scandal, but company executives here proclaimed it the most important source of long-term growth for VW and said they are at work on a new brand strategy for the region.

Indeed, that is an optimistic outlook considering the hundreds of thousands of frustrated VW owners in the U.S. still waiting to learn what will happen with their cars -- not to mention the brand's decades of disappointing performance in the country.

nickm · May 1, 2016

Despite diesel gate they overtook Toyota to become #1 worldwide. Seems that they hAve the risk handled with the 17B provision
Bad News? What Bad News? Volkswagen Bullish Despite Emissions Costs - WSJ

Now if tdis are not showing up anytime soon I sure as heck wish they could drop the plug in cayenne e hybrid power train into the Touareg so some of us have an option to buy something awesome and efficient.

Stabone33 · May 1, 2016

To maybe bring some of this back to the topic of compensation....

I just successfully converted my $500 VAG walkin' around money into an Amazon electronic gift card.

Anyone concerned about accidentally forgetting they have $500 burning a hole in their pocket when the clock stops on the VAG gift card need not be so concerned...*and* if, say, you want to buy a new TV or something else expensive, once you add it to your account it takes the gift card money first.

Done got myself a new Pioneer Android Auto head unit and all the fixin's cheaper than Crutchfield.

nickyt · May 1, 2016

Most individuals don't care about the diesel emission cheating. But most individuals were also against the phase out of leaded gas and leaded paint.

VW did luck out due to bad times over at Toyota.

Toyota's deliveries dropped 2.3 percent over the same period last year. The company had an unforeseen problem with a steel shortage from a Japanese supplier. The issue forced the automaker to suspend all assembly in the country for a week. It also had a rough start to the second quarter after earthquakes forced the company to stop nearly all production in Japan. A few factories still haven't reopened, and Toyota hasn't indicated when vehicles might come off those lines again.

nickyt · May 1, 2016

Stabone33 said:
To maybe bring some of this back to the topic of compensation....

I just successfully converted my $500 VAG walkin' around money into an Amazon electronic gift card.

Don't forget to give our dearly departed Micheal Horn a thank you for the gift cards. Horn angered his German bosses greatly when he implemented them.

VW Dealer Claims to Know Why Former CEO of American Division Left the Company

I didn't qualify for a card, but did anyone else get anything good with your cards?

fincher · May 1, 2016

It was Michael Horn who made sure the 2016 model had the ventilated seats with side bolsters, LCA, etc. These items were always in the VW parts bin but verboten over here. Hopefully, the new decentralized VW will allow VWoA to make the right choices for our market and not be handcuffed.

Oregon TDI · May 1, 2016

I suspect Michael Horn's public statement "We screwed up" angered Wolfsburg as much as the Goodwill Package.

nickm · May 2, 2016

I don't know what to say about Horn.you either hire a CEO to run a company or you just get a much less expensive rep in place and tell them what to do.

Ridiculous the way VW treated Horn.

richyrich2 · May 2, 2016

nickyt said:
Your "small proportion of execs" are the ones we are complaining about.

The first I have heard about blaming "all the bosses" and penalizing them was when I read it in your quote above. What is your rant about? Since you quoted me, I have the right to ask.

There are several good lower managers at VW. They were not involved in the scandal, but the drop of sales will guarantee their bonuses are slashed.

VW lost a great manager when Micheal Horn was forced out.

Calm down and re-read your own post #4641 - in your own words you're complaining about "all" the "execs who run VW", you didn't say the few responsible. If that's what you meant, we're agreed, but don't try to call me out for your own poorly worded rant mate.

mpm T2 TDI · May 2, 2016

nickm said:
I don't know what to say about Horn.you either hire a CEO to run a company or you just get a much less expensive rep in place and tell them what to do.

Ridiculous the way VW treated Horn.

VAG has never taken NA opinions seriously. They say that we are important, and always send us the diminished/de-tuned product, never all the good stuff that Europe gets.

From the reports, it appears Horn choose to fall on his sword to benefit of the customers and the dealers. He probably knew he sealed his fate...

There is a massive cultural problem at VAG. They operate like a fudial state with Macuvellian undertones. Any firm that would allow/welcome/entertain a presentation on cheating the law says it all. The current dinal mode - and holding back of the Jones Day report - means it's still broken.

As much as I detest what Winterkorn and his henchman have done, its becoming clearer that this could go back further than just Winterkorn. Kills me to even think Herr Piëch was involved, but remember the VAG push back on the CA/EPA regulators when the V10 launched in 2004? He was not a happy camper.

The Touareg was one of his pet projects. He used Porsche to make it happen. The V10 was his baby. How dare anyone question it's approval for sale over emissions...pfet!

Hopefully I'm wrong and he found out late about the EA189s *Magic Filter*. He then confronted Winterkorn and the board, lost the battle and then wrote the $50K check to WVU.

As the NOx burns...

Touareging · May 2, 2016

I am not sure if Horn was the right man for VW in North America. Under his leadership, he gave us the North American Passat, which is a decade behind the rest-of-the-world Passat. The upcoming CrossBlue and Tiguan LWB are also not promising. VW should not be the next Toyota and focus on what it does best - German cars that are reasonably priced, not American cars that are cheap with a German badge.

Instead of wasting time with a separate Passat and Crossblue for the US, VW should build the world Passat in the US. Similarly, they should build the Touareg, the T-prime, and Q7 in the US. This will drive the costs down for the customers, which translates to more sales.

With the EPA forcing VW to build electric cars, I think VW should build the next Phaeton in the US too.

It would be great if VW can commit its best cars in North America.

Stabone33 · May 2, 2016

Touareging said:
I am not sure if Horn was the right man for VW in North America. Under his leadership, he gave us the North American Passat, which is a decade behind the rest-of-the-world Passat. The upcoming CrossBlue and Tiguan LWB are also not promising. VW should not be the next Toyota and focus on what it does best - German cars that are reasonably priced, not American cars that are cheap with a German badge.

Instead of wasting time with a separate Passat and Crossblue for the US, VW should build the world Passat in the US. Similarly, they should build the Touareg, the T-prime, and Q7 in the US. This will drive the costs down for the customers, which translates to more sales.

With the EPA forcing VW to build electric cars, I think VW should build the next Phaeton in the US too.

It would be great if VW can commit its best cars in North America.

I want this, which may start at around $87K, will be quicker than its competitors, and won't be saddled with a gas guzzler tax:

http://www.autoblog.com/2016/05/01/audi-sq7-tdi-89k-euro-price/

OTOH, after dieselgate, I half expect that we will see a "NOx tax" that will be levied on consumer diesel vehicles within the next 5 years if we end up with a Democratic Congress in the next election...sooner if we have a Democrat in the White House too.

VeeDoubleYou · May 2, 2016

Traded in our 2016 TDI Lux this weekend. It's a brilliant vehicle, but it's not the right fit for us now. I was surprised to get a trade of $51,600K (original MSRP of $58K, and I'd gotten $5500 off that price at purchase). This number wasn't dependent on the vehicle I replaced it with as I still got several thousand off its replacement (dealer discount plus $1000 VW cash), a 2016 Beetle Convertible. The dealer said they actually want to take the TDIs on trade now because people are looking for them, and people are buying them.

Strangely I think I got a better deal buying the 2016 and a better deal trading it back in because of the emissions scandal. Crazy. And maybe I'll miss out on a potential incentive to have the work done or a buy back, but I think I ended up in a fair position in the end regardless.

tms0425 · May 2, 2016

VeeDoubleYou said:
Traded in our 2016 TDI Lux this weekend. It's a brilliant vehicle, but it's not the right fit for us now. I was surprised to get a trade of $51,600K (original MSRP of $58K, and I'd gotten $5500 off that price at purchase). This number wasn't dependent on the vehicle I replaced it with as I still got several thousand off its replacement (dealer discount plus $1000 VW cash), a 2016 Beetle Convertible. The dealer said they actually want to take the TDIs on trade now because people are looking for them, and people are buying them.

Strangely I think I got a better deal buying the 2016 and a better deal trading it back in because of the emissions scandal. Crazy. And maybe I'll miss out on a potential incentive to have the work done or a buy back, but I think I ended up in a fair position in the end regardless.

Great information! Sounds like you made out just fine.

VW TDI EPA Recall (2.0L and 3.0L)

nickyt

MtnPass

richyrich2

nickm

nickyt

nickyt

nickyt

nickm

Stabone33

nickyt

nickyt

fincher

Oregon TDI

nickm

richyrich2

mpm T2 TDI

Touareging

Stabone33

VeeDoubleYou

tms0425

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