Post by VWCA_Adman on Feb 1, 2017 9:02:46 GMT -6
VW Overtakes Toyota; Should Win 2016 Global Automaker Sales Race
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While Dr. Martin Winterkorn departed VW last year, his nearly decade-old and oft-stated goal of surpassing GM and Toyota in global sales by 2018 is nearly a verity. VW Group record sales of 10.31 million units in 2016 topped Toyota’s (10.175 million). GM reports sales next week; its tally is expected to lag Toyota’s.
VW’s deliveries in China are the secret to its success. Its portfolio of brands includes: VW, Seat, Audi, Skoda and Porsche. VW’s momentum is likely to continue, despite the namesake brand’s lackluster North American sales.
Toyota’s global sales last year were up 0.2%; VW’s up 3.2%.
VW’s profitability is below Toyota’s. VW also lags in other metrics of carmaker success. Nonetheless, VW’s sales growth is impressive; nine years ago (2007) VW sold 6.2 million units worldwide.
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VW’s Short-Lived Compliance Chief Gets $16 Million Payout
Reports say Christine Hohmann-Dennhardt, recruited from Mercedes (Daimler) to turn around VW’s reputation after the diesel emissions scandal broke, is leaving VW by mutual agreement due to differences over her responsibilities. One clash: Manfred Doess, VW’s legal affairs chief, led negotiations with the U.S. Department of Justice resulting in a swift $4.3 billion settlement. This likely undercut her efforts to explore how VW’s emissions scandal evolved.
Hohmann-Dennhardt, a former German judge, receives a payout that was owed to her under her contract.
VW’s Audi brand is recalling hundreds of thousands of cars and SUVs in the U.S. to fix two airbag defects and coolant pumps that may overheat, cause fires.
Audi/VW Recalls Airbags; Alters Water Pump Software to Prevent Fires
Audi Q5s (2011-2017) comprise the bulk of airbag recalls. Sunroof drainage system damage on these vehicles may allow water to surround the side-curtain airbag’s inflator canister causing corrosion that could lead to a rupture. Audi will better protect the canister and replace corroded ones.
Side airbags and/or seatbelts on 5,901 VW and Audi vehicles from the 2017 and 2018 model years might not deploy properly. Dealers will replace airbags and seat belt pretensioners. Affected vehicles include the Audi A7, A4, A6; VW Golf, Tiguan plus some Audi Q7 and Q5 SUVs.
Another recall affects 342,867 Audi vehicles equipped with 2.0-liter turbocharged FSI engines model years range from 2012 to 2016. Pumps blocked by cooling system debris might overheat. Newly developed software will be installed that turns off the pump’s power supply if it becomes blocked says the NHTSA.
While Dr. Martin Winterkorn departed VW last year, his nearly decade-old and oft-stated goal of surpassing GM and Toyota in global sales by 2018 is nearly a verity. VW Group record sales of 10.31 million units in 2016 topped Toyota’s (10.175 million). GM reports sales next week; its tally is expected to lag Toyota’s.
VW’s deliveries in China are the secret to its success. Its portfolio of brands includes: VW, Seat, Audi, Skoda and Porsche. VW’s momentum is likely to continue, despite the namesake brand’s lackluster North American sales.
Toyota’s global sales last year were up 0.2%; VW’s up 3.2%.
VW’s profitability is below Toyota’s. VW also lags in other metrics of carmaker success. Nonetheless, VW’s sales growth is impressive; nine years ago (2007) VW sold 6.2 million units worldwide.
VW’s Short-Lived Compliance Chief Gets $16 Million Payout
Reports say Christine Hohmann-Dennhardt, recruited from Mercedes (Daimler) to turn around VW’s reputation after the diesel emissions scandal broke, is leaving VW by mutual agreement due to differences over her responsibilities. One clash: Manfred Doess, VW’s legal affairs chief, led negotiations with the U.S. Department of Justice resulting in a swift $4.3 billion settlement. This likely undercut her efforts to explore how VW’s emissions scandal evolved.
Hohmann-Dennhardt, a former German judge, receives a payout that was owed to her under her contract.
VW’s Audi brand is recalling hundreds of thousands of cars and SUVs in the U.S. to fix two airbag defects and coolant pumps that may overheat, cause fires.
Audi/VW Recalls Airbags; Alters Water Pump Software to Prevent Fires
Audi Q5s (2011-2017) comprise the bulk of airbag recalls. Sunroof drainage system damage on these vehicles may allow water to surround the side-curtain airbag’s inflator canister causing corrosion that could lead to a rupture. Audi will better protect the canister and replace corroded ones.
Side airbags and/or seatbelts on 5,901 VW and Audi vehicles from the 2017 and 2018 model years might not deploy properly. Dealers will replace airbags and seat belt pretensioners. Affected vehicles include the Audi A7, A4, A6; VW Golf, Tiguan plus some Audi Q7 and Q5 SUVs.
Another recall affects 342,867 Audi vehicles equipped with 2.0-liter turbocharged FSI engines model years range from 2012 to 2016. Pumps blocked by cooling system debris might overheat. Newly developed software will be installed that turns off the pump’s power supply if it becomes blocked says the NHTSA.