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VW may rebrand its US arm as 'Voltswagen'

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Old 04-01-21, 01:13 PM
  #31  
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Even if this were not a joke, seems like everyone would still refer to them as "VW" anyway, so would it even matter?
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Old 04-01-21, 02:13 PM
  #32  
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Originally Posted by bitkahuna
your opinion noted, but they sell 1/3 million vehicles in the us a year, so someone likes them.

they are also the largest auto maker by volume in the world - they're not about to leave one of the largest car markets.
Relative to their competitors- Toyota, Honda, Kia/Hyundai- VW sales are very small and not really growing. They have been in US for over 50yrs and have not figured out how to compete.

Their new EV looks horrible and will not sell here at all. ID4 is also idiotic name.
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Old 04-01-21, 03:33 PM
  #33  
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Just because they are relatively smaller doesn’t mean they aren’t successful lol
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Old 04-01-21, 03:47 PM
  #34  
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Originally Posted by SW17LS
Just because they are relatively smaller doesn’t mean they aren’t successful lol
VW US operations is not successful by any measure. (Not including Audi, Porsche, Bentley, Lambo)
They sell less units than RAV4 with worse margins than their competitors. Its a money losing operation- that’s why they should stick to other markets.
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Old 04-01-21, 03:58 PM
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Originally Posted by RNM GS3
Its a money losing operation- that’s why they should stick to other markets.
How much do they lose every year?
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Old 04-01-21, 04:50 PM
  #36  
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Originally Posted by Lexus2000
How much do they lose every year?
In the US - they haven’t turned a profit in Years and were hoping 2020 they might break-even then Covid hit. The dieselgate settlements have cost them Billions in US as well.

If you have access to Automotive News site - I’m sure you can get exact figures. But losses are in the Billions over the years and they were in the red even without dieselgate.

https://jalopnik.com/volkswagen-is-g...r-n-1843313205

Under VW Group CEO Herbert Diess’ restructuring plan presented in 2016, all the company’s money-losing regions including the U.S. were slated to return to the black this year.

In a conference call with reporters, VW Group CFO Frank Witter said the economic slump stemming from the pandemic had forced it to postpone its goal for the U.S. market.

“We were well on our way to reaching our target of a breakeven for the VW passenger car brand in the USA in 2020,” Witter said. “Due to the coronavirus, it naturally won’t be possible to meet this now, unfortunately. It’s a setback, but it doesn’t change our basic aspiration.”
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Old 04-01-21, 04:54 PM
  #37  
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Wow I didn't realize America was a money sink hole for them.
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Old 04-01-21, 07:17 PM
  #38  
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Originally Posted by RNM GS3
VW US operations is not successful by any measure. (Not including Audi, Porsche, Bentley, Lambo)
They sell less units than RAV4 with worse margins than their competitors. Its a money losing operation- that’s why they should stick to other markets.
VW in the US isnt going anywhere lol
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Old 04-01-21, 08:02 PM
  #39  
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Originally Posted by SW17LS
VW in the US isnt going anywhere lol
Do they even exist? They sold 325k units in total. That is less than half of Hyundai not including Kia.

The brand is completely irrelevant - they can continue to stay and burn even more $$$.
They have zero products in the pipeline that will move the needle and the EV transition will be extremely painful as they don’t have the ICE cars with high margins (a la F150 for Ford) that can help them avoid significant losses.
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Old 04-01-21, 08:08 PM
  #40  
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Of course they exist lol. In any event they haven’t developed the models specifically for the NA market they have to pull out. It’s not going to happen.
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Old 04-01-21, 08:24 PM
  #41  
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Originally Posted by SW17LS
Of course they exist lol. In any event they haven’t developed the models specifically for the NA market they have to pull out. It’s not going to happen.
1st you disagreed they weren’t successful and now you claim they will not pull out lol

If they can’t sell their hideous SUVs which are US specific for most part, they will have no choice but to leave anyway. The US operation has been a drain on the overall company for years and really is the main reason they lost Billions for Dieselgate - ironically nobody bought their diesel crap anyway in the US.

Their projected margin on the ID4 is like 4% - they will lose $$$ on every vehicle they are lucky enough to sell.

The luxury brands that VW group runs in US is the only reason the VW brand even exists in the US otherwise they would have vanished years ago.
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Old 04-02-21, 06:52 AM
  #42  
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I still disagree that they aren’t successful. If VW pulls out of the US I’ll buy you a boat lol

Their SUVs sell very well. There are 3 Altas’ on my street.

Just because they haven’t been profitable for a period of time does not mean they’re going to pull out of one of the largest car markets in the world. This is not a company that has failed to get a foothold in the US...they just need better management and product offerings and they’re getting there.
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Old 04-02-21, 07:44 AM
  #43  
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Originally Posted by SW17LS
If VW pulls out of the US I’ll buy you a boat lol




Originally Posted by SW17LS
Just because they haven’t been profitable for a period of time does not mean they’re going to pull out of one of the largest car markets in the world. This is not a company that has failed to get a foothold in the US...they just need better management and product offerings and they’re getting there.
Every company can go up or down for a period of time. VW will figure it out. VW also has a huge manufacturing presence in Mexico and the southern US...they will not close that up.
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Old 04-02-21, 07:53 AM
  #44  
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Originally Posted by SW17LS
I still disagree that they aren’t successful. If VW pulls out of the US I’ll buy you a boat lol

Their SUVs sell very well. There are 3 Altas’ on my street.

Just because they haven’t been profitable for a period of time does not mean they’re going to pull out of one of the largest car markets in the world. This is not a company that has failed to get a foothold in the US...they just need better management and product offerings and they’re getting there.
A period of time? They have been in US since the 50s and haven’t had much success since the 90s. Please do some research.
In the 2000s sales tapered off somewhat due to competition, quality issues and delays in product introductions, and VW's U.S. sales for 2005 totaled 224,195 – a reduction of about 37 percent from four years earlier. New models for the 2006 and 2007 model years, such as the Passat, Rabbit, and GTI resulted in a sales growth of 4.9% for 2006 with sales of 235,140 vehicles. Profitability still remained an issue, though; Volkswagen of America had not turned a profit for its parent company since 2002. In January 2007, Volkswagen of America president Adrian Hallmark publicly stated[citation needed] that he planned to get the subsidiary back to profitability in two to three years. He hoped to introduce new models for North America, and develop new marketing to encompass the whole brand as well as individual cars.[citation needed] Stefan Jacoby soon replaced him, and Volkswagen of America continued to look at new products to add to its lineup.[citation needed]In the meantime, a new advertising agency, Crispin Porter + Bogusky, helped rejuvenate VW's presence in the U.S. as well. Its ads for the fifth-generation GTI have sparked interest in the brand, not seen since the launch of the New Beetle, and ads for the fifth-generation Golf/Rabbit hatchback translated into initial strong sales for that model. Due to new air pollution rules promulgated by the United States Environmental Protection Agency(USEPA), the diesel powered VWs with TDI-PDtechnology could no longer be produced after December 31, 2006. For the 2009 model year, VW introduced a new generation of diesels, based on common rail technology. These would meet air pollution standards in all 50 states. The first of these units was made available for sale in August 2008. VW sold 2050 Jetta Sedan TDIs and 361 Jetta Sportwagen TDIs that first month.[citation needed]Volkswagen was later charged with three felonies and fined $25 billion for defrauding the American government when it was discovered that their vehicles were only passing laboratory emissions testing due to company tampering of their system's internal software.

Just because you saw 3 Atlas SUVs on your block doesn’t mean they sell well lol.
They are a mainstream brand with cheap products that gets outsold by luxury brands. Their sales are a fraction of their direct competition like Toyota, Honda, Ford, GM etc. The US operation is a huge failure by any measure.

The EV renaissance will eliminate MANY brands.

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Old 04-02-21, 08:19 AM
  #45  
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Originally Posted by LexsCTJill
Every company can go up or down for a period of time. VW will figure it out. VW also has a huge manufacturing presence in Mexico and the southern US...they will not close that up.
Exactly, they're not going anywhere.

Originally Posted by RNM GS3
A period of time? They have been in US since the 50s and haven’t had much success since the 90s. Please do some research.
Success is relative. A company does not have to be #1 in sales to be successful. There are several carmakers who sell far fewer cars than the huge players in the US and consider themselves successful. VW is a huge brand, the largest automaker in the world, they don't have to be #1 in the US.

Just because you saw 3 Atlas SUVs on your block doesn’t mean they sell well lol.
Look up sales figures. They sell 80,000 Atlases a year. 2020 was its best sales year ever. About the same as the Hyundai Palisade and its a "runaway success".
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