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Volkswagen says its core VW brand is ‘no longer competitive’ (edition.cnn.com)

submitted 10 months ago by [email protected] to c/[email protected]

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“With many of our pre-existing structures, processes and high costs, we are no longer competitive as the Volkswagen brand,” Thomas Schaefer told staff during a meeting at the German carmaker’s headquarters in Wolfsburg, Germany, according to a post on the company’s intranet site seen by Reuters.’

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[–] [email protected] 2 points 10 months ago* (last edited 10 months ago) (1 children)

My wife is the VW fan. If I'm going to pay Audi money for a VW, it's going to be an Audi.I guess that's probably another problem with VW, they're creeping into the BMW/Audi/Mercedes space while selling you a VW level car.

[–] [email protected] 0 points 10 months ago (1 children)

I’d argue they’ve always done this though, and they’ve made some absolutely amazing cars in the process.

The corrado, the r32 and the golf r

They’re all collectors vehicles for enthusiasts.

I was being tongue in cheek about your statement btw

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago)