Results 1 to 10 of 53
Thread: Ogier thread
Threaded View
-
28th September 2015, 22:03 #11Senior Member
- Join Date
- Sep 2006
- Location
- Zürich, CH
- Posts
- 1,857
- Like
- 1
- Liked 54 Times in 32 Posts
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.
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.Fan of WRC and MotoGP.



Reply With Quote
Tänak again in good mood despite being nowhere
[WRC] FORUM8 Rally Japan 2025