If it hits anything it will only be competition involving diesel cars. VW's rally effort is safe from everything but the boredom of being alone at the top.
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If it hits anything it will only be competition involving diesel cars. VW's rally effort is safe from everything but the boredom of being alone at the top.
People who think VW will be in the WRC next year, are not up to date on the crisis!
I bet Ogier and Citroën are in contact right now.
Why do You think that VW will abandon WRC?Quote:
Originally Posted by MikeD
because the leading automobile company in the world with an estimated revenue of around 200 billion will crumble under the 10-20 billion fine (which i really doubt it will be that high)... isn't it obvious ???Quote:
Originally Posted by Mirek
Don't look at revenue. Look at future earnings. The first big law suit is 18 billion USD. There is according to CNBC app. 200 more heavy money lawsuits made. The earnings-miss will be huge in the next years. So of course they will leave the WRC. Try and have a look at the share price to get a sense of how serious this is. It's gone from €256,00 to €99,30 and several banks won't let their customers trade neither the stocks, nor the company bonds.Quote:
Originally Posted by N.O.T
In the end, the German government will step in, but not without a price. VW is owned by the shareholders, and they will look on how to solve the issues and improve future earnings ... and motorsport will definately get the knife.
I have no idea what is going to happen with Volkswagen - but if we do see things fall apart Yves Matton is going to benefit massively by waiting on those driver contracts. Although, interesting that what appeared to be imminent news about Paddon/Hyundai has not materialized yet. But that might not be related.
I bet there are some very interesting talks going on behind the scenes right now. I can't imagine anyone within VAG is really going to be able to give Ogier any assurances as they are still dealing with the fallout/trying not to get fired themselves.
Spot on, that's what I mean, didn't realize my remark would be difficult ...Quote:
Originally Posted by N.O.T
VW probably has to leave because of budgeting, considering the current diesel crisis it is currently going through.
NOQuote:
Originally Posted by JakefromWRC
I'm probably wrong about the budgeting part, but VW sure are having some issues about their diesel vehicles.