Will Volkswagen Survive?DC Velocity
November 16, 2015
Written by Robert Gordon, program director, Reverse Logistics Management at American Public University
When the news broke that Volkswagen had installed cheat devices to attain reduced emissions on their diesel engines, fewer than a million cars were initially affected. However, as the investigation progressed, additional vehicles and brands were impacted.
As the situation unfolds, the resale price of these vehicles has dropped dramatically. The stock price of Volkswagen has also dropped by a third. Given all the uncertainty about what will happen no one wants to risk buying one of these vehicles. Will Volkswagen survive?
Read the entire article at DC Velocity.
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