Volkswagen, Say it Isn’t So

10.28.16 - 2015 Porsche 918 Spyder

While it’s not real surprise that the Volkswagen diesel scandal will have an adverse effect on the vehicles they produce, this financial disaster for the brand is actually going to affect more of Volkswagen Group that first was announced. The fact that Volkswagen Group is comprised of twelve different brands gives it a massive reach and the ability to pool money when needed to ensure these brands are able to stay active and vibrant in the marketplace. When news of this scandal broke, Volkswagen Group began to figure out where they could get the money from to handle the scandal that was in front of them with an original estimate of nearly $46 billion that would be needed to handle the costs.

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