Support VWWC

Results 1 to 5 of 5

Thread: VW International's Financial Situation

  1. #1
    Join Date
    Mar 2007
    Location
    Brisbane
    Posts
    2,864

    VW International's Financial Situation


  2. #2
    Join Date
    Dec 2006
    Location
    Kilsyth, VIC
    Posts
    6,304
    Users Country Flag
    Aren't alot of our cars built to order (hence the big wait), so they have less issue with lots of stock sitting around? Is it the same overseas or just an aussie tihng?


    If it has an engine or heartbeat it's going to cost you. | Refer a Friend - AussieBroadband $50 Credit

  3. #3
    Join Date
    Jul 2005
    Location
    Newcastle, NSW
    Posts
    4,304
    Users Country Flag
    Many are built to order as VWA has such a low stock allocation and don't have any stock in the first instance.

  4. #4
    Join Date
    May 2005
    Location
    Melbourne, Mexico
    Posts
    8,979
    Users Country Flag
    VW seem on top on the game. Although 70% off your shares is a shocker..

    I have heard that Holden are working for 4 weeks in the first 3 months of next year...... That must be pretty tough for the workforce to sustain themselves.

    Gavin

  5. #5
    Join Date
    Jan 2008
    Location
    Sydney
    Posts
    523

    Lots of car manufacturers are feeling the financial pain at the moment, I guess VW were smart enough to prepare for this. Others are not so fortunate.

    According to the Daily Telegraph Chrysler and GM may have only enough cash, to keep them from filing for bankruptcy, until early January.

    Audi has also withdrawn from the American Le Mans series in 2009. But they will continue to compete in the French 24 hour La Mans.

    It is not going to be a good year for Motorsports.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
| |