When will Volkswagen become an environmental efficiency leader in the USA? Years ago (despite the air cooled engine pollution issues), the Beetle got remarkable miles per gallon (MPG) performance. Two years ago I drove a large Audi A6 in Portugal with an auto-stop "green" diesel engine that got 50 mpg. Why doesn't the company give their Japanese competitors an environmental competitive challenge in the USA? They could do it and once again become the people's car...
ja wohl. and you would get extra brownie points for guessing who was Ferdinand Porsche's co - designer e,g. to make the Bug rear wheel drive w/ air - cooled motor.
clue : Porsche's co - designer for the VW was also another Austrian
Well, of the new big three, there is no question who has the most entertaining commericials! However, in the US VW still is a distant 9th.
VW 0.15M-Audi 0.065M-Porsche 0.016M
The other point is, though, that this article puts a positive spin on the disappearance of another European car company, in this case Porsche. I've also read disquiting recent rumors concerning Ford and GM of Europe, also looking at retrenching. This is unfortunate, as some of the best Fords and GMs come from their European design centers. Such as, the Opel Epsilon platform, for example.
In spite of the positive spin, the German economy appears to be having some of the same problems as the Chinese. Reduced global demand for their products.
It will also be very instructive to see where Francois Hollande's socialist policies bring France. Honestly, it looks so obvious from my perspective anyway, any economy that seems to be more similar to the US system does better in the longer term. (Well, let's say the "traditional" US system, if not what we are witnessing these days.) And this includes the way China has been changing, gradually.
Less reliance on central planning, less reliance on government as the primary employer, less punishment of entrepeneurs.
On an odd side note, mostly unrelated, apparently the Chinese government these days encourages young mothers to NOT breastfeed their babies. How strange is that? Especially considering the tainted baby formula fiasco?
That's an agency problem Streetrodder, your voice is taken over by either bigger shareholders who are mostly in it for a quick buck or by executives who have highjacked your shares for a quick buck too.