I’m working for VW and let me tell you the biggest issue imo is the ridiculous salary to performance ratio. People literally sit on their phones all day drinking coffee and pretending to work, while getting INSANE salaries and bonuses. It’s like an unspoken law: “Don’t talk about it, act busy and enjoy your wealth.” The only ones who really work hard are the production people at the bottom of the food chain. Those who actually build our cars and make money for the company.
The people at the bottom have extreme high wages plus boni too. And they work just 35 h/week. The biggest Problem was Dieselgate but just in the USA. A typipcal economic behaviour fighting foreign companys. The same with Bayer. After they bought Monsanto suddenly greedy morons sueing Monsanto were right. Its a joke. The Problem ist there almost no succesful products from the USA to do the same.
Not communism. It's called Germanism I worked in the 90s with right wing parties and it was the same in the Thyssen company producing aluminium pieces for Audi VW seat Skoda and as young translators we couldn't believe the waste of time and money the company had and no one cared.
"the people's car" has become unaffordable. Compare the average family being able to buy a mk 1 golf in the 70's to a family being able to buy a mk 8 today. In South Africa, VW's reached the point of being overtaken by Suzuki with Chinese brands also gaining popularity.
@@Ushio01 Cheap apartment rent in Volksburg is allready 18K Euro a year. VW salaries in other parts of the world are lower. Nobody can have a good life working for VW. Cost of labor per car is still not much. Most of the work is done by robots. VW make only 30% of EV car parts. Rest is made mostly by China.
The only thing that's surprising (to me), is how many absolutely clueless people like you there are in the comment section. EVERY car has gotten expensive now. A Toyota Corolla is more expensive than a Volkswagen Golf, despite having a way worse interior in typical Japanese fashion. The European Union has bombarded manufacturers with regulations on everything ranging from safety, emissions and even cybersecurity. Cars are way more complex than before and therefore way more expensive. There is nothing that any brand can do about it.
@@N1ckZ don't worry, half the muppets in these comments couldn't replace a bulb yet alone tell you anything about a car. The simple reason is greed, the big cheese in charge are prioritizing maximum shareholder value and the result is a half baked product. They can make cars just fine.
4. Not open to technology, they slept on electro cars for a long time and then suddenly they wanted to build only electric cars. What a dumb decision. BMW was much smarter.
@@bbc6rgf57ytty5yxyw5gt yikes. yes, it seems like VW lost the plot when they got caught and tried to switch to just EV's. Leaving behind their actual customer base.
@@mikemcmike6427 I can't speak for you but I haven't heard anything good about the modern Honda's. A Woman I work with just had to get a whole new fuel pump at 150k km just out of warranty. Then there's clutch issues, the fuel diluting issue they had, junk OEM parts that keep failing. I don't view them as the Honda they once were, much like Toyota currently. I don't find VW parts that much more expensive than anything else anymore.
@@Random-ne3ed why? xD where is ford today? Yeah they had their big monopol at the beginning of the car era but thats it? Where are today tje big US-American car producers? Be it ford or general eletrics
Only the cheapest entry level models have lots of plastic. All the other ones are fine. It's so ironic that everyone is complaining about Volkswagen's interior quality, when Toyota makes some of the most atrocious interiors in the car industry.
They'll blame Chinese manufacturers and their "illegal subsidies" when they've been propped up by the German government for far far longer. Too focused on share price & bonuses and not enough on making actual good cars that people want at reasonable prices.
this is how the west things, when they do it and it works its fine but when China does the same and it wins it becomes unfair 😂😂. In all honesty Volkswagen is going downhill pretty fast, but luckily other german car makers are better run.
In a communist system, capital and the means of production are owned by the state. But after the China reform(Socialism with Chinese characteristics), the means of production were privately owned. But not with capital.So the government is the biggest investor That means Chinese companies don't really care With shareholders.Even though the company value is small. If their company is good like increasing gdp The government is happy to provide capital in return for tax benefits. In the west looking for capital For projects and building factories is through the free market and selling shares.But in China, 80% of the capital is controlled by the government through state banks (state-owned enterprises).Companies are easily given loans as long as the loans are used to produce products or develop technology. And the profits have to be paid back (like bonuses to shareholders) to the government in the form of taxes.
Cost cutting from the Mk7 to the Mk8 •Gas strut removed from the bonnet. •Cover removed from the central console. •Draw removed from the drivers side. •Felt removed from the glove box. •AC removed from the glove box. •Software broken when released and still contains bugs 4 years on. VW have gone downhill with the quality of their flagship best selling vehicle no surprise they are losing money.
Quality is abhorant. Thermostat/water pump issues continue to this day. Jet suction pump issues which leaves you stranded. Thrust bearing issues. The list goes on and on.
Who would think that after decades of state support, and more recently building cars that deteriorate rapidly, and having management that has engaged in a giant criminal conspiracy, that this wouldn't be good
As a person who wants to go to Germany to study, I always wonder what is Germany's strength. Politics? No, look at Traffic Light alliance with constant conflict, and don't forget CDU complacency during Merkel. The rise of Far Right says something about German society. Economic science? No, look at how bureaucratic they are and how they lost many frontier tech such as smartphone, EV, satellite, AI. Tech/Science? Not for software engineering; as said, lost many tech frontiers. Car/Mechanic/Machinery? Germany can be master of 19th century tech such as ICE. To be fair, some noteable companies such as Siemen, Zeiss Lens, Bayer. But apart from that, nothing special. Even BASF decided to expand facilities elsewhere in US/China, but reduces in Germany. We hardly know when it is tipping point, and things start to fall apart like domino. When BASF moves out, many subcontractors will move along...
I assume you are referring to dieselgate, in which case you need to know that Volkswagen Group wasn't the only one who cheated. There were many others, but Volkswagen paid the most, simply because they were discovered first, which is extremely unfair.
@@N1ckZ not only the first, but by far the worst. And one reason why they paid so much was that they continuously lied about it. They lied and then they lied about lying. That's the criminal conspiracy part even worse. They were all quite despicable. Making excuses for criminals. Good for you. Career for you and politics
@@Aceshigh451 Skoda uses the older generation of components in the VAG lineup. Much like Dacia for Renault. Tried, tested, improved. Also, far less tech on Skoda. Not a bad thing of course... tech barely moves on and also most new "tech" is useless.
that is not accurate, you probably mean Volkswagen the brand in which case you are correct, not Volkswagen group in which case you are wrong, because for example Porsche and Audi do make some of the best cars in the world!
Yes VW was dishonest about there emissions Ratios, Thats only because the government mandates were unrealistic. So by ratio they were a bit dirty but not terrible, but by volume because there cars were getting 80 + mpg there total emission were better than comparable gas cars.It's a dam shame that the EU killed the Diesel VW. I regret not buying one Here in Canada while they were avalible. I would never have taken the buy back. As a 40 year mechanic I worked with a guy back in the 1980's whole had a Diesel rabbit. mechanical injection He drove that car to well over 600000 kms without rebuilding the engine.What the auto makers of all brands need to start doing is make simpler less expencive vehicles with way less intergrated computer electronics. Diesels By design require higher compression ratios At least 17 to 1 Where as gas engines are typically 8.5 to 1. This differance puts diesels at 26% or higher efficiantcy where as gas engines are doing good to reach 13% efficiantcy. The average car owner has no clue as to what goes on under the hood of their cars. all they care about is the BIG DISTRACTING ENTERTAINMENT SCREEN in the middle of the dash. That crap is why cars have become to expencive to buy and even more expencive to maintain. You want to save the auto industry go back to basics. People need to learn to step away from all this tech once in awhile when i'm driving don't expect me to call or recieve calls. In end all of our life long obsession of collecting shine bobbles is pointless anyway. You grow old and your kids take your shiney bobbles to land fill and stick you in a nursing home anyway.
Many markets are not ready for EVs. VW cars are expensive and the quality decreased. The China's are flooding the SA market with cheap cars and it is not like the Hyundais from 20 years ago
The Indian car company making EVs i.e. TATA Motors makes zero profit in its EV division. That is the only way they can outcompete competition. But how long?
WV is nearly doomed in India, WV management is clinging desperately to stay just to maintain their global presence and prestige to showcase their presence in the world's most populous and demanding car market. But in reality WV cars, all models combined, sell less than 500 units on a monthly average.
Because obviously the workers and the unions are to blame, not the dumbfucks who made risky moves that backfired, or the ones designing shitty cars, or the ones responsible for dieselgate, no sir, the unions are at fault
In Australia at least, the current offerings by VW pale in comparison to what they offered less than a decade ago. I recently sold my second VW and VW tried to get me to trade in on something new from them. I told them there is nothing in their range I’d consider buying now. Their service support is also appalling.
One of my friends is leasing a VW in Germany. The car is about a year old. The light when you reverse was not working (one of them) and was told by the dealer that this is by design! Also now he has to go back because the stearing has a problem and it might not turn! Happy days VW. Dont blame Chinise for your incompitance
To be fair, it's worth noting that a lot of the engineering expertise that goes into the traditional internal combustion engine that Volkswagen and virtually every other major car manufacturer aside from BYD and Tesla have produced for the majority of their existence literally doesn't apply anymore. Similarities between electric and ICE vehicles: A frame, an outer chassis, seating and interior, the driver interface (steering column, instrumentation, the pedals, and everything else you see or touch in a car while driving that is part of the car), wheels, and tires (tyres) (That's one American spelling that's standard here in Canada, it's very rare to see "tyre") Differences: The power source. The engine. The means by which the engine receives power from the power source and converts it into kinetic energy. The means by which that kinetic energy is delivered to the tyres. The means by which instrumentation gets its information. But...if you're a mechanical engineer who's been improving internal combustion car designs for the last 25 years...what do you think you've been working on? How fuel gets to the engine (carburator to fuel injection and refinements of those systems). The efficiency of the engine itself. The transmission and gearing. And the tyres...though those are generally handled by material specialists from tyre companies. So yeah, you've got the car chassis, which anyone who understands aerodynamics will tell you is 99% driven by designer ideas and not by the physics of reducing drag. The frame, which...big surprise, it's a sturdy steel structure to which things can be mounted, there's not a lot you can do there without compromising strength and therefore safety. The interior, which is completely designer governed, and possibly a specialist in user experience. Wheels, which are mostly sturdy cylinders on which a tyre can be mounted that contain the system needed to mount to an axle. And tyres, which are largely being designed by tyre companies. There's not a lot of room for your classic mechanical engineer. That's probably the biggest problem the traditional car companies are facing with this transition. They're having to fundamentally shift the kind of expertise they have from the systems that make sense for internal combustion to the systems that make sense for an electric vehicle. Some of them are agile enough to be handling that pretty well - Nissan, Kia, and a number of other companies all have respectable EVs on the market. But as we get further into the transition, the ones that are sticking to their guns and trying to rely on the same old solutions are going to face more and more difficulties.
Pricing is another issue. Because of environmental tax incentives people can buy EVs with virtually 0 tax on company car schemes. Instead of letting EVs penetrate the lower income households they decided to up the MSRP in the most short-termist way possible. £50k can get you a fancy sports car but only a mid trim 300 mile iD4 (not counting 200 miles EVs, they are undriveable). These western EVs are only useful as upper middle class families' 2nd car. Tesla and BYD are the only ones with acceptable price/performance
As an electrical engineer working in a company dominated by mechanical engineers, this is also my experience. There's always money for doing the mechanical design in-house, but the electrical and software needs to be hacked together with off-the-shelf parts wherever possible. Resulting in expensive, ugly solutions. Management reaps what it sows.
@@Foquro Point being there's not a whole lot of design work to do on a frame. It's a platform on which more complex parts are to be mounted - there's a bit of optimization in terms of strength/weight ratios vis a vis material and geometry choices, but...it doesn't demand an automaker's army of mechanical engineers to fine tune.
I call BS on that longe piece. Why? Toyota is exactly doing what you claim will get them into more and more trouble. Yet they’ve sold the most cars of any company and made the most profit.
This is why Toyota has been so much smarter! If they had gone down the very stupid VW road, they would have been in the same horrendous situation. Don't listen to politicians when running your business. Now you have to think before buying any VW.
Nokia.. I mean, Toyota are going to be closely following suit. They haven’t been any smarter, they’ve been wasting billions on hydrogen. Look at their share of the Chinese automotive market. That is a predictor as to how their global sales will end up.
@@barneyklingenberg4078 exactly. This video is tendentious disinformation and fails to mention the elephant in the room. The entire green energy and green transport policy’s are a disaster and are leading to job destruction, deindustrialization, poverty and social and political instability. The EV car simply isn’t a viable alternative to the combustion engine for many reasons. One being that the electricity grid could never accommodate the increasing power consumption.
@@barneyklingenberg4078 The Government in Rome wants to scrap the EV car mandate for 2035. This channel deals in misinformation , my previous comment was censored. Here is a quote from The Telegraph form today: Italy has called for a review of the European Union’s 2035 petrol car ban amid fears it risked triggering the industry’s “collapse”. Ministers from Giorgia Meloni’s government claimed the “absurd” policy was ideologically driven and required change to reflect the realities of the market. There has been growing unease across the Continent about a slowdown in demand for electric vehicles (EVs). There are also concerns that Europe’s car industry is falling increasingly behind manufacturers in China and the US, which have benefitted from a flood of government subsidies. Last week, car giant Volkswagen warned it might close factories in Germany for the first time owing to issues such as high energy prices. This has prompted calls in some quarters for a rethink of tough EU climate goals which build up to a ban on internal combustion engine cars by 2035. Gilberto Pichetto Fratin, the Italian energy minister, told Bloomberg: “The ban must be changed.” Adolfo Urso, the industry minister, added: “In an uncertain landscape, which is affecting the German automotive industry, clarity is needed to not let the European industry collapse. “Europe needs a pragmatic vision, the ideological vision has failed. We need to acknowledge that.”
In 2015, Volkswagen was hit hard by the emissions scandal, losing billions in fines and market value. Yet, they bounced back. It’ll be interesting to see if they can do it again with the EV challenge.
@@Bryghtpath they have tried to pass on the costs of those massive fines to their customers through lower grade products and higher prices. Then wondered why sales are down 20%.
@@DavidJBradshaw Please don't comment on things you don't understand. 1. Volkswagen Group paid way more money in fines than ANY other brand that cheated and there were MANY of them including FIAT, Peugeot/Citroën, BMW, Mercedes-Benz, Renault, Nissan and many more. 2. If you look at the data, which you won't, almost every car brand's sales numbers are down due to the rising cost of cars in general.
@@DavidJBradshaw And as expected, low IQ individuals comment based on how they feel and not based on data. Since you won't look at the data, let me bring the data to you. 1. Volkswagen paid 32 Billion euros for the dieselgate. The next biggest fine was BMW's 875 million. Volkswagen paid 32 times more than the next biggest fine, simply because they were discovered first. 2. In 2019 15,6 million cars were sold in the EU. In 2023, only 10,5 million. People in the EU bought 30% fewer cars last year than they did in 2019, because cars in general have become way too expensive.
In a world where Android Auto and Apple CarPlay exist, why would one shoehorn half-backend software? Since German Automakers know how to build hardware, why don't they go back to more knobs and physical buttons? It is safer for a driver to operate buttons for important functions rather than fiddle with an imprecise and laggy touch interface. 😅
One button press on the steering wheel for voice control of all needed functions while driving works excellently and is safer than reaching for buttons, knobs, switches and levers on a dashboard.
@@dvader3263 assuming the interface understands your accent, and can get it right on first try. If you need to repeat a command multiple times I'd just use the actual button
@@ΣτελιοςΠεππας Exactly. The car market has shrunk in line with the decrease in young people obtaining their drivers license. It means that reducing the appeal of cars and commoditizing them like a toaster or electronic device, makes them boring and uncool, no different than a bus or outdated phone. Also, I feel that society in general has ‘bred’ the younger generation to lose their sense of independence, and increased nanny-statism and oppression at every turn, with speed controls, cameras, surveillance, electronic tracking, no-go zones, nonsense CO2 guilt, and focus on guaranteed safety….whats the point? Lastly, why pay for insurance, taxes,registration and the potential for fines, when you can travel at no cost on an electric scooters or e-bikes? This is how many college age or single adults are traveling in cities.
@@mibox8302 the problem with buttons is all the invisible cost they bring. Sure the part itself costs a few dollars, but you also need to consider design costs, the physical properties of the button etc. Tesla famously saved 1000$ with every Model 3 they produced once IIRC because they opted for touchscreen
Besides being expensive and not having models that I am particularly drawn to the biggest issue for me is the lack of reliability and serviceability. You can't change a battery without reprograming the cars computer. That level of complexity in a car especially one that as a brand is known for electrical gremlins anyway just makes the idea of buying and owning for the next 10-20 years a VW almost unthinkable.
Their infotainment system that is used on all Skoda, Seat, Cupra and VW models is just plain awful, the ID car are just plain ugly, and the Audi interiors are not what they used to be. Customers are voting with their wallets and going else where.
I bought a 2023 ID4 and am very happy with it. As for built-in infotainment, I couldn't care less, because like most people I use my phone, and their Android Auto implementation is very stable, at least with my phone.
@@dansanger5340 I agree with that as well, I don't care about the infotainment and whatever I use it for it works well enough but overall it's just... well bad. The phone works better as you said.
ID.4 here in America is a pretty good looking crossover. But WAY OVERPRICED. GM will eat their lunch with Equinox 1LT. 320 miles range, and better interior. The cheapest ID.4 has 209 miles range. WTF??? so, for the cheapest ID.4, you can get an LT Equinox with leather seats, and 320 miles range. Someone at VW isn't thinking here.
This makes a lot of sense. I’m actually in the process of a repurchase with VW for an ID.4. Less than 10K miles and 10 months and it spent 4 months at the dealership. It took 3 months of fighting with them to finally get this done.
Still recovering from the trauma of owning a 2013 Audi A3. Everything started breaking just as it started approaching 100k km. Literally cost over $3k in mechanical repairs in 7000 km.
Even in 2017, when I was searching for a new car, I was shocked at how standard the amenities & interior styling are for their vehicles despite them charging luxury car prices. I always had the impression that the Golf would've been one of the more affordable choice out there, but I was dead wrong...
The GOLF has a nice interior design, but they definitely cheaped out with STOOPID hard plastics. Even the new Chevy trax that's 8K cheaper than the Taos has better interior. I like VWs, but no Thanks. Not worth the $$$$ you pay. That's not even discussing plastic water pumps, manifolds and other under the hood parts.
For all practical intents and purposes US is North America, it controls overwhelming economy within it's direct jurisdiction and both Canada and Mexico by and large function because of trade with US economy.
@@devilselbowwhen Americans and Brits refer to Europe in the context of business, that’s usually exactly the countries they’re referring to. G7 club innit
German reliability has become only a myth. This is there biggest issue as people have started to figure it out. BMW and Merc still have a premium feel but VW no longer has a USP.
Bingo. They were warned "Made in China" label would screw em up. They still did it. Gotta have all those good sales quarters. Welp, there it goes. GG Germland
I work in the VAG group. The burocracy/management is the biggest problem. The ammount of woke rules and plain bs we have to deal with on the daily is getting out of hand. In the time when moving fast is crutial the number of people need to approve a minor change is getting crazy. IT costs are getting out of hand and having people who dont know basic Excel to manage digital projects is just one example.
@@dantesinfernopurgatory7826 Perhaps the woke ideology is founded by China or Russia to weaken the west? Seems to be more effective than a nuclear b omb
Last sentence is the main reason for all German industry problem. In order to be positively discriminative and german speaker must mentality, I see many trash has been polished and promoted. If the industry is still standing it is due to legacy and still ~relatively ~40% good managers
@@Methylphenidate2803 The Piech era was a time when engineers ran the company. Now the bean-counters have taken over leading to VW's current state of decline.
Tesla started the EV boom. China realised they can jump on it and mobilised quickly. Legacy car makers were slow to react, banking on Hydrogen and saying BEV won't work and being generally pessimistic. Also changing course appears to be harder than starting up from scratch.
They went the way of Nokia, thinking all this hype was just a fad... Also big companies can't be run like startups. Those act like speedboats, a lot of risk and anxiety but able to turn pretty quickly. Giant corporations have to prepare turning 5 years in advance
Well remember how there were European cellhphone brands? Now there is none, in 20 years there will be no european cars anymore. Europeans are not patriotic enough to defend their own market , nor have desire to innovate.
But then there's one other issue. Cars as a Service. Imagine paying the car maker to have a heated seat. Now you know why pedestrian cycles are starting to gain traction...
1. betrayal 2. arrogance 3. overpriced 4. bad software 5. completely missed digitalization + electrification Who could have guessed Volkswagen would suck in 2024? Well, i did .... VW managers, paid millions, didn't !
@@orbetobe Who should be arrogant to you? Tesla has zero service. The Sofware is a joke. A Autopilot this is not even allowed to use in civilzed countries like europe. Not even the wipers work, the automatic light is a whole malfunction and not even signs are recognized correct.
In the past I was thinking about buying VW Golf - I even worked at the time for the importer of it into my country. However between Mk 7 and Mk 8 Golf the quality dropped quite significantly, their software got more buggy and price went up by a lot. Heck for the price of low to mid spec golf back then I could have full spec Corolla. Or even could get better bang for the buck with Seat or Skoda if I desperately wanted car from their conglomerate. So why would I buy VW?
It's no surprise Audi is going to close the Brussels plant. The EV they produce there has a price tag of 80.000 euro. No wonder they have to close the plant - others will follow.
I wanted the ID.4, but ended with an Equinox EV. The cheapest ID.4 ( 209 Miles) starts at 40K. For that $$$ an Equinox LT ( 320 miles) has FAR more range and much better interior. VWs board better start firing executives and replacing them with ones that know what the fuck they're doing. Aren't they aware of their competition?
I’m a big VW vehicle fan but they’ve made the mistake of turning the ‘people’s car’ into the wealthy person’s car. Greedy guts companies are starting to implode.
Car manufacturers are starting to realize EV cars are too expensive to manufacture. Even Volvo has delayed its plans to become a full EV-only manufacturer by 2030.
WEF: You will own nothing and y... Companies: Hold that! We still need more time. Schwab: Mh alright. WEF: You will own things and you will be happy... for now.
Last week I had a brand new base model Jetta as a loaner car for a few days. Maybe 700 miles on it. For the first time I felt like I was driving a disposable car, no way could this make it past 100k miles. The amount of rattles and stumbles the car had without even going through its first oil change. I understand cheap cars and have had many but this felt throaway cheap
People passively advertising and pushing ev cars by saying " ohh vw did not focus on evs soon enough thats why it failed" lol its because they now have to source expensive gas to produce cars
I have never run a vehicle manufacturer in my life, and whenever I heard these companies saying they were moving towards exclusive EV manufacturing, I laughed at the idea. Now they are all taking heavy losses as a result. Its not sustainable and pure virtue-signalling, not related to what the market actually wants/can afford/see as practical.
Cariad doesnt have to exist, the companies are focusing more on vendor locking cars than building hardware. Android Automotive is a good software, and with current EU rulings against google, it is even more easier for companies to customize them, so I really don't get desperate need to reinvent the wheel and no car company is going to be a better software company than google.
It could exist, just as the group that develops Android automotive for VW. But no doubt they messed up thinking they could reinvent the wheel and or poor project management. At lot of companies with large hierarchies find it difficult to adapt to the Fast Moving software development landscape. Project iterations in weeks or months instead of years and years.
This, Why can't those car manufacturers without software knowledge use Android Auto from a company with better know-how always baffle me. Only for them to ask a Chinese company to do that for them after burning billions.
In a world where Android Auto and Apple CarPlay exist, why would one shoehorn half-backend software? Since German Automakers know how to build hardware, why don't they go back to more knobs and physical buttons? It is safer for a driver to operate buttons for important functions rather than fiddle with an imprecise and laggy touch interface. 😅
@@bobjoe8131 if you experience laggy of imprecise interfaces that just means they cheaped out on that hardware and our had poor software UI designers. Both can be avoided I do agree that tactile buttons are useful, you can feel and control them without taking your eyes off the road. I also think there is too much emphasis on in car entertainment. I don't need a games console in my car, just a radio will do.. But whatever the case, and whatever you choose, it can be done well or poorly. Be it touch of physical button. Do remember a physical button can be too large or too small, or poorly placed, cheap plastic that breaks etc etc.
@@SoulDuckling126 ever heard of ego? Never realized large companies like vendor lock-in? To create their own eco systems and overcharge for the services? I could go on.
The modern car industry often mistakes inflation for innovation. Replacing all buttons with a touch-screen, charging a subscription free to unlock certain features and jacking up the price isn't innovating on anything.
I know some that like it as a toy to show off how "modern" it is, until they've used it for a while and notice it's actually slow to do things with in comparison with just using a dial or button.
These car companies could save a chunk of change and win consumers by giving up on owning the smartphone/streaming interface; just outsource that to CarPlay & AndroidAuto. They ain't gonna beat Apple+Google in UI software dev.
@@Foquro The Golf MK8 and a load of other VAG products infamously used non illuminated touch sliders for the climate controls that couldn't be used at night
Not enough profit is correct. Same reason the citigo, mii, fiesta etc have been discontinued or are on their last generation. It will be expensive cars for the rich and nothing for the working people soon enough
a few years ago they tried to become a software company, that was the beginning of the end. Their awful software and interface, those capacitive "buttons" don't make a great driving experience. And that OS is tied to the their EVs since they launch it with the id3.
It's strange that this is the American view. In Belgium and the situation is exactly the opposite. And VW still is the most popular brand here. Funny how that works.
@MrXelaim VW was here in the US before the Japanese or Korean brands yet they never really invested into the US market like all those other brands. They seem to only focus on Europe and China. Their cars are definitely third rate hack here. Nothing very compelling in their lineup. I do know Honda seems to have never really invested into Europe for some reason.
I was a huge fan of the VW growing up, having a Golf Mk 5 that I adored. When I changed jobs and lost my company car I looked at VW but the brand I loved was no longer there. Huge delays here on the Mk8 Golf (we got it about 2 years after the rest of the world), questionable design choices for the rest of the range, and extremely poor service, I am not at all surprised they are tanking.
For the US. Bring the VW Polo, VW Taos, and the VW T-Cross here. The VW Golf has gone too far upmarket. Need new entery models priced accordingly. Bring back the 6 apeed manuel. Inject some clever advertisements. But most importantly, IMPROVE THE QUALITY!
Some fair points, but Xiaomi is not a pure car company and thus its market cap is incomparable. That's also not the Seal you show in your BYD graph, but the Seal U, a completely different model, albeit with a similar name.
I love VW (owned 4 throughout my 20s) and love my GTI, but these manufacturers that screamed they were going 100% electric kinda deserve this. Most people can't buy EVs. Most people I know in their 20s and even 30s simply can't have an EV because they live in apartments and can't charge it. I'd love to have one as a second car, but no way. The market has spoken.
EV's are rubbish, and the companies listened to their dumb politicians. What a waste of money. Have owned 10 VW's with very good results. Buying basic Taos S model for US$26,000 next year. Number 11.
85% of new car buyers were homeowners with six figure household incomes and financed the majority of the principle amount for their vehicle purchase of choice in 2023 for the U.S. market. So people can afford evs in the world's largest per capita vehicle market with the highest asp. And no apt or condo dwellers have a fuel pump on site either. But they can install slow cheap ev chargers, and use work place charging. Plus many areas you already visit and stay at restaurants, shops, malls, grocery outlets etc are installing or have ev chargers! 👍🏻
MK5 GTI: £20,000 MK9 GTI: £50,000 The MK5 was a wonderful machine which felt so luxury with a surprising turn of pace. it is now ruined feels cheap and tacky. Greedflation is literally eating the economy
I had to buy a new car this year. I drive a lot and I can charge at home, so I wanted an electric one. The first car I tried was the id4. it was terrible. the interior looked cheap and unfinished. the software and control was extremely complicated. they used to make good cars that were easy to control and were made to drive for decades, this seemed to me like the target customer was someone who doesn't understand cars and doesn't need a car and doesn't drive a car but has a lot of money.
VW has struggled to create simple, reliable vehicles that are inexpensive to produce. Taking Volkswagens, slapping Audi & Porsche logos on them and jacking up the price has allowed VW to paper over their bad engineering.
One of the most anticipated cars was the MK8 GTI, only to leave us disappointed upon closer inspection. The infotainment and climate control configurations were 'dealbreakers'. What's worst, VW could've fixed the problems within a year; they didn't! Sales suffered, as did brand loyalty.
Vw are an economy car company who has drifted away from the economy market and chinese competion has been more than willing to pick up the gap. I wouldn't be too worried about vw in the long run, they have their hands in all the pots and are such a large company that germany wouldn't let it fail.
Don't forget the Emmisions scandle where the computer changed settings when detected to the test system to pass USA emmisions standards.. At the time, I was thinking about a VW SUV, but opted to go Ford Escape. 5 years later, still have that Escape.
There was a lot of focus on EVs in the video, but to be honest EVs are not a great product the moment. I can't see myself or anyone in my circle buying them right now. They are more expensive and less convenient (because there is not enough charging stations and not as convenient as gas). Their main business is still regular cars
@@kabzaify As a further point, electricity has always been hard to store. Can't see how battery technology will all of a sudden solve this problem when after all these centuries of unobstructed research nothing has turned out. The future is biofuel.
The rise of the Asian, reliable brands, like KIA, BYD, Toyota, etc. VW have been churning out crap cars for years, they just have a brilliant marketing team.
if they'd carve out some affordable good quality hybrids or plug-in hybrids without all the laggy software stuff(just use dials/buttons) they actually have a winner. it's so weird to me a lot of carmakers just skipped the entire hybrid step to just go to fully electric vehicles.
The plug in hybrid step was 10+ years ago. There wasn't significant consumer interest at the time (likely because the electric ranges were small, until the huge improvements in battery technology led to increases in battery only range from 30 miles at the time, to multiples of that range today).
He buried a bear? No, he left it lying on the ground and pretended that it was involved in a bicycle accident. That's... a weird fact for TLDR to get wrong, TBH.
Can we all take a moment to consider the Austrian Painters feelings! anyone reading this who owns a VW, you should thank him, he could have given us so much more! rest in peace my leader♥
@@Random-ne3ed Toyota being a japanese company makes them better than european and american ones. Also I don't think there 's anything decent below the current Yaris' prices. Segment A is going extinct anyway, so the choices for the poor have already been very narrowed down, even if the car doesn't have to be decent.
Wow, a video about companys decline with no financial figures. Market cap is not one and varies wildly by sentiment. They did make record profits last year.
@@markm0000 while you say it from a different perpective I literally said that market cap is NOT an indicator of company performance... earning reports are, but this video had zero financial numbers from any earnings report.
@@pauli2753 if you go by the earnings report for your investments I wish you well. That has zero correlation to the actual health of a company. VW is eating itself just to keep the numbers high and will fall apart within the next decade.
Spending €30b on fines plus the lost sales and reputational damage doesn't help. But yet again those in charge are still on their billion Euro salaries whilst the workers are shafted.
well when you sell a GTI for $60,000 the people's car is no longer the people's car, when a VW is priced like an Audi/Porsche of course they aren't selling
Where I reside, Chinese SUVs cost considerably less than a VW now. It's getting to a point that older, second hand model VWs sell better than brand new models
We should always support China. Don’t forget how the western media attacks our religion 24/7 and country. And always shows wrong maps of India on purpose. Let their car industry suffer. They can support fellow euro countries but we can’t support our fellow Asian neighbour? 🇨🇳🇮🇳💙
@daydreamer8373 legacy automakers are not in good shape because of politics. They are being forced to make cars that the majority of population don't want.
@@ahogQ The best selling car last year was the Tesla Model Y. So people definitely want EV's, and with more affordable models coming, EV sales will only continue to grow.
@daydreamer8373 tesla is for rich people. People getting EVs because of politicians, regulations, taxes/incentives. Small number of people are getting them because they like the high tech stuff. Just wait until insurance costs skyrocket due to increasing number of EVs on the road. I'm sure everyone will be happy.
@@ahogQ I know plenty of people with Tesla's and they are not rich. (but more affordable models are now appearing) EV sales are increasing for many reasons, not least of which they are great to drive. As for taxes and incentives, whatever you imagine is given to encourage EV take up, it is a tiny fraction of that given to the fossil fuel industry. That litre of fuel would cost a hell of a lot more without them. Elon Musk has said all subsidies should stop, including fossil fuel subsidies. I don't know why you think insurance will skyrocket because of EV's?
I guess this means that I should hang on to my 2003 1.8T Mark IV Jetta Wagon with 173K miles a little longer, LOL. Even now, when I get work done on it, I am told that it's "vintage", and the parts need to get shipped from Germany, LOL.
the end of volkswagen was when they got rid of the bus, got rid of the karman ghia, and turned the air cooled rwd vw beetle into a plastic fwd watercooled golf. aka 2003 was the last time vw made a good car which was when the final REAL beetle rolled off the assembly line in mexico
I will never purchase an EV. In about a six week period this summer, two families in my area have lost their homes and everything in them to fires caused by EVs. The two families were fortunate to escape with their lives! EVs are extremely dangerous fire hazards! The media is complicit in keeping this information from the public. An EV in your garage is a ticking time bomb!!
In my country a sh!tty VW Golf with hard plastic interior, two years warranty and unreliable as F cost more than a Tesla Model 3. Like Im gonna buy a smaller, inferior, boring plastic bag with wheels over a model 3. VW should focus on making compelling cars for affordable prices. They are definately not a peoples car anymore
@@134343 For a car to become immobile, it doesn't need to break down in terms of powertrain. EVs are way too heavy, so they wear off their tyres and brakes a lot faster than ICE vehicles of the same segment. Are you sure you 'd want to use a car with no brakes?
Love my 2023 atlas cross sport but we bought it cpo and we’ve already had to replace the infotainment system and the gas mileage has just randomly plummeted by vw service programs have been great and we haven’t had to come out of pocket yet
The forced introduction of EV’s by politicians will destroy European motor manufacturing. It is reminiscent of the old Soviet 5 year plans…….they also failed.
The fact that Ferrari has almost double market cap with only 2% of VW's revenues says a lot about how unhinged the western financial system is. Peoples and corporations' value isn't evidence based anymore but based on abstract estimates and the feelings of investors.
No, the reason it that Ferrari make solid profits e every year, so it makes sense to invest in it. VW is going to need a bailout from the german government in a few years.
I’m working for VW and let me tell you the biggest issue imo is the ridiculous salary to performance ratio. People literally sit on their phones all day drinking coffee and pretending to work, while getting INSANE salaries and bonuses. It’s like an unspoken law: “Don’t talk about it, act busy and enjoy your wealth.”
The only ones who really work hard are the production people at the bottom of the food chain. Those who actually build our cars and make money for the company.
Sounds like a union to me.
Socialism...
@@saintpreferred9223 More like communism, this is how life was in the Easter bloc / soviet union.
The people at the bottom have extreme high wages plus boni too. And they work just 35 h/week.
The biggest Problem was Dieselgate but just in the USA. A typipcal economic behaviour fighting foreign companys. The same with Bayer. After they bought Monsanto suddenly greedy morons sueing Monsanto were right. Its a joke.
The Problem ist there almost no succesful products from the USA to do the same.
Not communism. It's called Germanism I worked in the 90s with right wing parties and it was the same in the Thyssen company producing aluminium pieces for Audi VW seat Skoda and as young translators we couldn't believe the waste of time and money the company had and no one cared.
"the people's car" has become unaffordable. Compare the average family being able to buy a mk 1 golf in the 70's to a family being able to buy a mk 8 today. In South Africa, VW's reached the point of being overtaken by Suzuki with Chinese brands also gaining popularity.
What do you expect when they are built in the EU by workers on €40k plus!
Yeah, I have heard the Polo was the most popular car there for a long while.
@@Ushio01 Cheap apartment rent in Volksburg is allready 18K Euro a year. VW salaries in other parts of the world are lower. Nobody can have a good life working for VW. Cost of labor per car is still not much. Most of the work is done by robots. VW make only 30% of EV car parts. Rest is made mostly by China.
The Volkswagen Jetta is one of the cheapest new cars you can buy in the US. Dealers are selling them for just over $20k.
@@meteorknight999le clown 🤡 c’est ukrainien 😂😂
Seems like VW's arrogance is finally catching up with them.
It's surprising they haven't considered one reason why people aren't buying - price.
Nothing is available for the under $100K HHI set like me. Otherwise I'd have already switched from diesel to electric...
They forgot.
The only thing that's surprising (to me), is how many absolutely clueless people like you there are in the comment section. EVERY car has gotten expensive now. A Toyota Corolla is more expensive than a Volkswagen Golf, despite having a way worse interior in typical Japanese fashion. The European Union has bombarded manufacturers with regulations on everything ranging from safety, emissions and even cybersecurity. Cars are way more complex than before and therefore way more expensive. There is nothing that any brand can do about it.
The other problem is reliability. German cars are absolute garbage and there was a time when German cars were the best.
@@N1ckZ don't worry, half the muppets in these comments couldn't replace a bulb yet alone tell you anything about a car. The simple reason is greed, the big cheese in charge are prioritizing maximum shareholder value and the result is a half baked product. They can make cars just fine.
Real reason VW sucks so bad
1. Cost cutting, vw use cheap materials for interior and engine
2. Expensive
3. Software is garbage
Honestly as a car guy, I want less tech/software in my car
The fact that the latest Golf don’t even come with gas struts on the bonnet or hood says a lot!
German engineering…
Software in the EV models has been good since 2023 with MEB 4.0 software.
4. Not open to technology, they slept on electro cars for a long time and then suddenly they wanted to build only electric cars. What a dumb decision. BMW was much smarter.
60-70 thousand CAD for a hatchback...I don't care what it can do or how fast it is, that's waaaaaaaaay too expensive.
Not just VW. Even the Toyota Yaris has gotten crazy expensive these days.
Similar prices here in Australia, I have no idea how they sell any of those things.
Poor quality and expensive products with little to no innovation will be there downfall. They forgot the their core market, the people’s car.
Tried to get a Basemodel Jetta in canada, the only thing i could maybe afford on my income. Do you think i theu had any in stock anywhere? Nope.
@@vhateverlie They don't even sell Jettas or Passats any more in my country. A Polo starts a little above €24,000.
@@bbc6rgf57ytty5yxyw5gt yikes. yes, it seems like VW lost the plot when they got caught and tried to switch to just EV's. Leaving behind their actual customer base.
@@vhateverlieCanadian here as well but why get a golf when you can get a civic for the same price with future parts 1/3 the price?
@@mikemcmike6427 I can't speak for you but I haven't heard anything good about the modern Honda's. A Woman I work with just had to get a whole new fuel pump at 150k km just out of warranty. Then there's clutch issues, the fuel diluting issue they had, junk OEM parts that keep failing. I don't view them as the Honda they once were, much like Toyota currently. I don't find VW parts that much more expensive than anything else anymore.
The Consumer decides. Not Volkswagen Not Politics. No Sales No Volkswagen.
Henry Ford is laughing at your comment beyond the grave.
@@Random-ne3ed crying you mean. Ford the same. No Sales No Ford.
@@Random-ne3ed why? xD where is ford today?
Yeah they had their big monopol at the beginning of the car era but thats it?
Where are today tje big US-American car producers? Be it ford or general eletrics
Absolutely 💯
EU's treated Volkswagen with kid gloves for a long, long time. An "adjustment" is long overdue.
Volkswagen suppose to be a (people car) but if you look the price is so overpriced with full of cheap plastic interior
I don’t think that Golf is a bad car, but paying 25k euros for that! Hell naw!
True.....all German craps VW BMW and Merc use plastic even in engine parts...german engineering at its worse
@@hijazzains don't get me started on plastic intake manifold that grenades the engine
Only the cheapest entry level models have lots of plastic. All the other ones are fine. It's so ironic that everyone is complaining about Volkswagen's interior quality, when Toyota makes some of the most atrocious interiors in the car industry.
That's all cars.
They'll blame Chinese manufacturers and their "illegal subsidies" when they've been propped up by the German government for far far longer.
Too focused on share price & bonuses and not enough on making actual good cars that people want at reasonable prices.
this is how the west things, when they do it and it works its fine but when China does the same and it wins it becomes unfair 😂😂. In all honesty Volkswagen is going downhill pretty fast, but luckily other german car makers are better run.
@@ahmedgouhmid6132 if its okay for me not for no-whitey
Blame the Russian war
In a communist system, capital and the means of production are owned by the state.
But after the China reform(Socialism with Chinese characteristics), the means of production were privately owned. But not with capital.So the government is the biggest investor
That means Chinese companies don't really care With shareholders.Even though the company value is small. If their company is good like increasing gdp The government is happy to provide capital in return for tax benefits.
In the west looking for capital For projects and building factories is through the free market and selling shares.But in China, 80% of the capital is controlled by the government through state banks (state-owned enterprises).Companies are easily given loans as long as the loans are used to produce products or develop technology. And the profits have to be paid back (like bonuses to shareholders) to the government in the form of taxes.
Its a shame China has to infringe patents to make anything decent.
Cost cutting from the Mk7 to the Mk8
•Gas strut removed from the bonnet.
•Cover removed from the central console.
•Draw removed from the drivers side.
•Felt removed from the glove box.
•AC removed from the glove box.
•Software broken when released and still contains bugs 4 years on.
VW have gone downhill with the quality of their flagship best selling vehicle no surprise they are losing money.
Removing the gas strut in the bonnet was a good thing though, those thing were crap anyway.
Quality is abhorant. Thermostat/water pump issues continue to this day. Jet suction pump issues which leaves you stranded. Thrust bearing issues. The list goes on and on.
@@andredeketeleastutecomplex Why? I love the gas strut in the bonnet of my Bora. Makes life easier. Still works after 20 years.
Why the hell would you need ac in your glove box
@@jensgronning4436 Ford's heated tailgate is genius.
Who would think that after decades of state support, and more recently building cars that deteriorate rapidly, and having management that has engaged in a giant criminal conspiracy, that this wouldn't be good
My man needs to insert at least one slight into each and every one of his comments. Gotta love Kev
If decades of state support was the reason for VWs decline, then Chinese companies should be crashing.
As a person who wants to go to Germany to study, I always wonder what is Germany's strength. Politics? No, look at Traffic Light alliance with constant conflict, and don't forget CDU complacency during Merkel. The rise of Far Right says something about German society. Economic science? No, look at how bureaucratic they are and how they lost many frontier tech such as smartphone, EV, satellite, AI. Tech/Science? Not for software engineering; as said, lost many tech frontiers. Car/Mechanic/Machinery? Germany can be master of 19th century tech such as ICE. To be fair, some noteable companies such as Siemen, Zeiss Lens, Bayer. But apart from that, nothing special. Even BASF decided to expand facilities elsewhere in US/China, but reduces in Germany. We hardly know when it is tipping point, and things start to fall apart like domino. When BASF moves out, many subcontractors will move along...
I assume you are referring to dieselgate, in which case you need to know that Volkswagen Group wasn't the only one who cheated. There were many others, but Volkswagen paid the most, simply because they were discovered first, which is extremely unfair.
@@N1ckZ not only the first, but by far the worst. And one reason why they paid so much was that they continuously lied about it. They lied and then they lied about lying. That's the criminal conspiracy part even worse. They were all quite despicable. Making excuses for criminals. Good for you. Career for you and politics
VW Group don't make great cars cars anymore.
Skoda is the exception
It’s genially amazing that Skoda can make better cars than VW. There quality in my opinion is just better than VW.
Skoda are literally VW with Skoda look body 😅
@@Aceshigh451 Skoda uses the older generation of components in the VAG lineup. Much like Dacia for Renault. Tried, tested, improved. Also, far less tech on Skoda. Not a bad thing of course... tech barely moves on and also most new "tech" is useless.
I am testing the ID5 by renting it for 1 month and I love it.
that is not accurate, you probably mean Volkswagen the brand in which case you are correct, not Volkswagen group in which case you are wrong, because for example Porsche and Audi do make some of the best cars in the world!
They spent more time fighting the fire caused by dieselgate than focusing on evs
Yes VW was dishonest about there emissions Ratios, Thats only because the government mandates were unrealistic. So by ratio they were a bit dirty but not terrible, but by volume because there cars were getting 80 + mpg there total emission were better than comparable gas cars.It's a dam shame that the EU killed the Diesel VW. I regret not buying one Here in Canada while they were avalible. I would never have taken the buy back. As a 40 year mechanic I worked with a guy back in the 1980's whole had a Diesel rabbit. mechanical injection He drove that car to well over 600000 kms without rebuilding the engine.What the auto makers of all brands need to start doing is make simpler less expencive vehicles with way less intergrated computer electronics. Diesels By design require higher compression ratios At least 17 to 1 Where as gas engines are typically 8.5 to 1. This differance puts diesels at 26% or higher efficiantcy where as gas engines are doing good to reach 13% efficiantcy. The average car owner has no clue as to what goes on under the hood of their cars. all they care about is the BIG DISTRACTING ENTERTAINMENT SCREEN in the middle of the dash. That crap is why cars have become to expencive to buy and even more expencive to maintain. You want to save the auto industry go back to basics. People need to learn to step away from all this tech once in awhile when i'm driving don't expect me to call or recieve calls. In end all of our life long obsession of collecting shine bobbles is pointless anyway. You grow old and your kids take your shiney bobbles to land fill and stick you in a nursing home anyway.
The problem is not dieselgate but the wage structure...janitor at VW gets more money than a manager at Lidl or other bit companies..
@@markseehawer3762They turned off emissions controls. Also, manufacturers in the US meet much stricter mandates without such difficulties.
Many markets are not ready for EVs. VW cars are expensive and the quality decreased. The China's are flooding the SA market with cheap cars and it is not like the Hyundais from 20 years ago
We don't want to pay for EVs. We want affordable ICE cars back.
Its mainly because China and India arent buying them. They have decent drivable domestic cars now
The Indian car company making EVs i.e. TATA Motors makes zero profit in its EV division. That is the only way they can outcompete competition. But how long?
@@mudra5114 They can make gas and hybrid. Not everyone needs EV that's still customers lost from VW
@@NeygarzruinedAmerica True, for some wierd reason hybrid cars are not promoted in India.
WV is nearly doomed in India, WV management is clinging desperately to stay just to maintain their global presence and prestige to showcase their presence in the world's most populous and demanding car market. But in reality WV cars, all models combined, sell less than 500 units on a monthly average.
Volkswagen Tiguan is doing really well in India now. Their cars are the safest in the Indian market.
Why isn't anyone blaming the CEO and executives in these videos?
Wake up!
It is true what you say. Very bad leadership if the management choses to use better quality parts and lower the price. Their sales will increase.
Because obviously the workers and the unions are to blame, not the dumbfucks who made risky moves that backfired, or the ones designing shitty cars, or the ones responsible for dieselgate, no sir, the unions are at fault
I bought a Jetta for my wife once, I called it the silver POS. I did get an excellent trade in on a Toyota, which has 300k miles on it now.
In Australia at least, the current offerings by VW pale in comparison to what they offered less than a decade ago. I recently sold my second VW and VW tried to get me to trade in on something new from them. I told them there is nothing in their range I’d consider buying now. Their service support is also appalling.
All car dealers here have poor service now, especially after 2020..
Literally how hard is it for them to sell a new passat or golf tdi? Maybe the atlas suv with its big vr6?
@@nissanpatrol8950 they are the two models I previously owned. Now can’t get them.
@@murraysampson2501 I own an amarok and a transporter, but those are both no longer made by vw
In South Africa, VW is still the 2nd biggest auto company in terms of sales after Toyota but the Chinese automakers are fast making inroads.
The highjackers will be sad when VW leaves ZA 😅. I feel sorry for the Hilux owners if that happnes 😢.
@@ArnoSnyman007😂🤣😂
Chinese quality getting better, current tech and they’re cheaper
@@ArnoSnyman007Toyota has always been popular in this part of the world
Suzuki is now outselling VW of late
"the people's car" has become unaffordable.
The Austrian Painter would be Fuhrious!
One of my friends is leasing a VW in Germany. The car is about a year old. The light when you reverse was not working (one of them) and was told by the dealer that this is by design! Also now he has to go back because the stearing has a problem and it might not turn! Happy days VW. Dont blame Chinise for your incompitance
To be fair, it's worth noting that a lot of the engineering expertise that goes into the traditional internal combustion engine that Volkswagen and virtually every other major car manufacturer aside from BYD and Tesla have produced for the majority of their existence literally doesn't apply anymore.
Similarities between electric and ICE vehicles: A frame, an outer chassis, seating and interior, the driver interface (steering column, instrumentation, the pedals, and everything else you see or touch in a car while driving that is part of the car), wheels, and tires (tyres) (That's one American spelling that's standard here in Canada, it's very rare to see "tyre")
Differences: The power source. The engine. The means by which the engine receives power from the power source and converts it into kinetic energy. The means by which that kinetic energy is delivered to the tyres. The means by which instrumentation gets its information.
But...if you're a mechanical engineer who's been improving internal combustion car designs for the last 25 years...what do you think you've been working on? How fuel gets to the engine (carburator to fuel injection and refinements of those systems). The efficiency of the engine itself. The transmission and gearing. And the tyres...though those are generally handled by material specialists from tyre companies.
So yeah, you've got the car chassis, which anyone who understands aerodynamics will tell you is 99% driven by designer ideas and not by the physics of reducing drag. The frame, which...big surprise, it's a sturdy steel structure to which things can be mounted, there's not a lot you can do there without compromising strength and therefore safety. The interior, which is completely designer governed, and possibly a specialist in user experience. Wheels, which are mostly sturdy cylinders on which a tyre can be mounted that contain the system needed to mount to an axle. And tyres, which are largely being designed by tyre companies. There's not a lot of room for your classic mechanical engineer.
That's probably the biggest problem the traditional car companies are facing with this transition. They're having to fundamentally shift the kind of expertise they have from the systems that make sense for internal combustion to the systems that make sense for an electric vehicle. Some of them are agile enough to be handling that pretty well - Nissan, Kia, and a number of other companies all have respectable EVs on the market. But as we get further into the transition, the ones that are sticking to their guns and trying to rely on the same old solutions are going to face more and more difficulties.
Pricing is another issue. Because of environmental tax incentives people can buy EVs with virtually 0 tax on company car schemes. Instead of letting EVs penetrate the lower income households they decided to up the MSRP in the most short-termist way possible. £50k can get you a fancy sports car but only a mid trim 300 mile iD4 (not counting 200 miles EVs, they are undriveable). These western EVs are only useful as upper middle class families' 2nd car. Tesla and BYD are the only ones with acceptable price/performance
Almost all cars nowadays use unibody frames made from aluminum, not steel
As an electrical engineer working in a company dominated by mechanical engineers, this is also my experience. There's always money for doing the mechanical design in-house, but the electrical and software needs to be hacked together with off-the-shelf parts wherever possible. Resulting in expensive, ugly solutions. Management reaps what it sows.
@@Foquro Point being there's not a whole lot of design work to do on a frame. It's a platform on which more complex parts are to be mounted - there's a bit of optimization in terms of strength/weight ratios vis a vis material and geometry choices, but...it doesn't demand an automaker's army of mechanical engineers to fine tune.
I call BS on that longe piece.
Why? Toyota is exactly doing what you claim will get them into more and more trouble.
Yet they’ve sold the most cars of any company and made the most profit.
This is why Toyota has been so much smarter! If they had gone down the very stupid VW road, they would have been in the same horrendous situation. Don't listen to politicians when running your business. Now you have to think before buying any VW.
Nokia.. I mean, Toyota are going to be closely following suit. They haven’t been any smarter, they’ve been wasting billions on hydrogen. Look at their share of the Chinese automotive market. That is a predictor as to how their global sales will end up.
I love that you think Toyota are in good shape.
@daydreamer8373 better than VW, that's for sure
you failed to mention the German government's bad policies concerning energy, infrastructure , taxes etc.
Those are currently the main issues in Germany.
But in today’s media one cannot say an ambitious green policy project is a complete and utter failure.
@@barneyklingenberg4078 exactly. This video is tendentious disinformation and fails to mention the elephant in the room.
The entire green energy and green transport policy’s are a disaster and are leading to job destruction, deindustrialization, poverty and social and political instability.
The EV car simply isn’t a viable alternative to the combustion engine for many reasons. One being that the electricity grid could never accommodate the increasing power consumption.
@@barneyklingenberg4078 The Government in Rome wants to scrap the EV car mandate for 2035.
This channel deals in misinformation , my previous comment was censored.
Here is a quote from The Telegraph form today:
Italy has called for a review of the European Union’s 2035 petrol car ban amid fears it risked triggering the industry’s “collapse”.
Ministers from Giorgia Meloni’s government claimed the “absurd” policy was ideologically driven and required change to reflect the realities of the market.
There has been growing unease across the Continent about a slowdown in demand for electric vehicles (EVs).
There are also concerns that Europe’s car industry is falling increasingly behind manufacturers in China and the US, which have benefitted from a flood of government subsidies.
Last week, car giant Volkswagen warned it might close factories in Germany for the first time owing to issues such as high energy prices. This has prompted calls in some quarters for a rethink of tough EU climate goals which build up to a ban on internal combustion engine cars by 2035.
Gilberto Pichetto Fratin, the Italian energy minister, told Bloomberg: “The ban must be changed.”
Adolfo Urso, the industry minister, added: “In an uncertain landscape, which is affecting the German automotive industry, clarity is needed to not let the European industry collapse.
“Europe needs a pragmatic vision, the ideological vision has failed. We need to acknowledge that.”
@@barneyklingenberg4078 test
@@barneyklingenberg4078 have you noticed that they are censoring comments here ? It must be a Canadian thing. Tranada like VW is done.
Actual BYD EV sales are half of what is shown in the graphs. You probably used NEV data which includes hybrids.
In 2015, Volkswagen was hit hard by the emissions scandal, losing billions in fines and market value. Yet, they bounced back. It’ll be interesting to see if they can do it again with the EV challenge.
The problem is not the emission scandal but the wage structure because VW workers are treated like state employees
@@Bryghtpath they have tried to pass on the costs of those massive fines to their customers through lower grade products and higher prices. Then wondered why sales are down 20%.
@@DavidJBradshaw Please don't comment on things you don't understand.
1. Volkswagen Group paid way more money in fines than ANY other brand that cheated and there were MANY of them including FIAT, Peugeot/Citroën, BMW, Mercedes-Benz, Renault, Nissan and many more.
2. If you look at the data, which you won't, almost every car brand's sales numbers are down due to the rising cost of cars in general.
@@N1ckZ Did I just trigger a fanboi? 🤣
@@DavidJBradshaw And as expected, low IQ individuals comment based on how they feel and not based on data. Since you won't look at the data, let me bring the data to you.
1. Volkswagen paid 32 Billion euros for the dieselgate. The next biggest fine was BMW's 875 million. Volkswagen paid 32 times more than the next biggest fine, simply because they were discovered first.
2. In 2019 15,6 million cars were sold in the EU. In 2023, only 10,5 million. People in the EU bought 30% fewer cars last year than they did in 2019, because cars in general have become way too expensive.
In a world where Android Auto and Apple CarPlay exist, why would one shoehorn half-backend software?
Since German Automakers know how to build hardware, why don't they go back to more knobs and physical buttons?
It is safer for a driver to operate buttons for important functions rather than fiddle with an imprecise and laggy touch interface. 😅
One button press on the steering wheel for voice control of all needed functions while driving works excellently and is safer than reaching for buttons, knobs, switches and levers on a dashboard.
@@dvader3263 assuming the interface understands your accent, and can get it right on first try. If you need to repeat a command multiple times I'd just use the actual button
For some reason, everyone is making cars for tech enthusiasts/tesla fanboys instead of making cars for the actual consumers.
@@ΣτελιοςΠεππας Exactly. The car market has shrunk in line with the decrease in young people obtaining their drivers license. It means that reducing the appeal of cars and commoditizing them like a toaster or electronic device, makes them boring and uncool, no different than a bus or outdated phone.
Also, I feel that society in general has ‘bred’ the younger generation to lose their sense of independence, and increased nanny-statism and oppression at every turn, with speed controls, cameras, surveillance, electronic tracking, no-go zones, nonsense CO2 guilt, and focus on guaranteed safety….whats the point?
Lastly, why pay for insurance, taxes,registration and the potential for fines, when you can travel at no cost on an electric scooters or e-bikes? This is how many college age or single adults are traveling in cities.
@@mibox8302 the problem with buttons is all the invisible cost they bring. Sure the part itself costs a few dollars, but you also need to consider design costs, the physical properties of the button etc. Tesla famously saved 1000$ with every Model 3 they produced once IIRC because they opted for touchscreen
Besides being expensive and not having models that I am particularly drawn to the biggest issue for me is the lack of reliability and serviceability.
You can't change a battery without reprograming the cars computer. That level of complexity in a car especially one that as a brand is known for electrical gremlins anyway just makes the idea of buying and owning for the next 10-20 years a VW almost unthinkable.
I wouldn't put the necessity of reprogramming, after changing the battery, under the category of complexity. It's just plain stupid engineering.
The amount of times those shareholders sabotaged the company makes you think they’re conspiring with competitors
Yes.
Their infotainment system that is used on all Skoda, Seat, Cupra and VW models is just plain awful, the ID car are just plain ugly, and the Audi interiors are not what they used to be. Customers are voting with their wallets and going else where.
Agreed, I bought a brand new Skoda Superb - bloody great car, I love it, no complaints whatsoever... except the infotainment. It's awful.
I bought a 2023 ID4 and am very happy with it. As for built-in infotainment, I couldn't care less, because like most people I use my phone, and their Android Auto implementation is very stable, at least with my phone.
@@dansanger5340 I agree with that as well, I don't care about the infotainment and whatever I use it for it works well enough but overall it's just... well bad. The phone works better as you said.
@@dansanger5340 you still have to use their shit screen system to adjust the AC.
ID.4 here in America is a pretty good looking crossover. But WAY OVERPRICED. GM will eat their lunch with Equinox 1LT. 320 miles range, and better interior. The cheapest ID.4 has 209 miles range. WTF??? so, for the cheapest ID.4, you can get an LT Equinox with leather seats, and 320 miles range. Someone at VW isn't thinking here.
This makes a lot of sense. I’m actually in the process of a repurchase with VW for an ID.4. Less than 10K miles and 10 months and it spent 4 months at the dealership. It took 3 months of fighting with them to finally get this done.
In the ICE era, German hardwares are generally good, but in the EV era, China takes the lead by a long mile.
Still recovering from the trauma of owning a 2013 Audi A3. Everything started breaking just as it started approaching 100k km. Literally cost over $3k in mechanical repairs in 7000 km.
Even in 2017, when I was searching for a new car, I was shocked at how standard the amenities & interior styling are for their vehicles despite them charging luxury car prices. I always had the impression that the Golf would've been one of the more affordable choice out there, but I was dead wrong...
The GOLF has a nice interior design, but they definitely cheaped out with STOOPID hard plastics. Even the new Chevy trax that's 8K cheaper than the Taos has better interior. I like VWs, but no Thanks. Not worth the $$$$ you pay. That's not even discussing plastic water pumps, manifolds and other under the hood parts.
Guys, North-America isn’t just the US.
US holds 85% of the economy within the continent
For all practical intents and purposes US is North America, it controls overwhelming economy within it's direct jurisdiction and both Canada and Mexico by and large function because of trade with US economy.
@@devilselbowwhen Americans and Brits refer to Europe in the context of business, that’s usually exactly the countries they’re referring to. G7 club innit
True, it's also the, umm, uhh... Torrento, right? 😊😅
But if the US doesn't want certain European models, then we in Canada can't have them either.
Pushing BEVs that the majority do not want is killing their bottom line.
German reliability has become only a myth. This is there biggest issue as people have started to figure it out. BMW and Merc still have a premium feel but VW no longer has a USP.
Bingo.
They were warned "Made in China" label would screw em up.
They still did it. Gotta have all those good sales quarters.
Welp, there it goes. GG Germland
This reminds me of Japanese smartphone today: features are mediocre but the price is shocking.
Today Bmw recalls 1.5 million vehicles
I work in the VAG group. The burocracy/management is the biggest problem. The ammount of woke rules and plain bs we have to deal with on the daily is getting out of hand. In the time when moving fast is crutial the number of people need to approve a minor change is getting crazy. IT costs are getting out of hand and having people who dont know basic Excel to manage digital projects is just one example.
Those rules have infected a large majority of corporations, sad to say....
@@dantesinfernopurgatory7826 Perhaps the woke ideology is founded by China or Russia to weaken the west? Seems to be more effective than a nuclear b omb
Last sentence is the main reason for all German industry problem. In order to be positively discriminative and german speaker must mentality, I see many trash has been polished and promoted. If the industry is still standing it is due to legacy and still ~relatively ~40% good managers
What would you say about the Piech era or do you know anyone who witnessed how the company has changed since then? Or was it like that all the time?
@@Methylphenidate2803 The Piech era was a time when engineers ran the company. Now the bean-counters have taken over leading to VW's current state of decline.
Not VW but all German brands are done. Case in point, their sales in the world's largest car market imploded in recent news.
Tesla and chinese competition are about 5 years ahead of legacy automakers that could change if PowerCo actually makes better batteries
So first you explain how Audi is part of the VW Group, but then you banish them to a different column on the EV sales chart. Care to clarify?
So much for an in-depth review of VW, but, hey, great Nebula infomercial!!
Tesla started the EV boom. China realised they can jump on it and mobilised quickly.
Legacy car makers were slow to react, banking on Hydrogen and saying BEV won't work and being generally pessimistic. Also changing course appears to be harder than starting up from scratch.
They went the way of Nokia, thinking all this hype was just a fad... Also big companies can't be run like startups. Those act like speedboats, a lot of risk and anxiety but able to turn pretty quickly. Giant corporations have to prepare turning 5 years in advance
Well remember how there were European cellhphone brands? Now there is none, in 20 years there will be no european cars anymore. Europeans are not patriotic enough to defend their own market , nor have desire to innovate.
But then there's one other issue. Cars as a Service. Imagine paying the car maker to have a heated seat.
Now you know why pedestrian cycles are starting to gain traction...
Exactly. Legacy industries are stubborn and all end the same way fighting against the future until it's too late.
Nobody wants an EV!!! Sales are too low to pay for R&D and components. Efficient cars will be the immediate future
Who knew that overpriced cars with sub-par quality wouldn't be a huge succes. Shocking, I know..
1. betrayal
2. arrogance
3. overpriced
4. bad software
5. completely missed digitalization + electrification
Who could have guessed Volkswagen would suck in 2024? Well, i did .... VW managers, paid millions, didn't !
Sounds like Tesla.
@@maxmustermann8167 Tesla never betrayed me, never was arrogant to me. Unlike Volkswagen!
Yes, Tesla is where most ex-VW clients are going to. No regrets!
@@orbetobe Maybe, Vw was a shitty brand and Tesla is even worse. So morons will go that way.
@@orbetobe Who should be arrogant to you? Tesla has zero service.
The Sofware is a joke. A Autopilot this is not even allowed to use in civilzed countries like europe. Not even the wipers work, the automatic light is a whole malfunction and not even signs are recognized correct.
In the past I was thinking about buying VW Golf - I even worked at the time for the importer of it into my country. However between Mk 7 and Mk 8 Golf the quality dropped quite significantly, their software got more buggy and price went up by a lot. Heck for the price of low to mid spec golf back then I could have full spec Corolla. Or even could get better bang for the buck with Seat or Skoda if I desperately wanted car from their conglomerate. So why would I buy VW?
So they want to be more expensive, more plastic and bad materials and label themselves as “premium”
Yes
It's no surprise Audi is going to close the Brussels plant. The EV they produce there has a price tag of 80.000 euro. No wonder they have to close the plant - others will follow.
Concerning their rubbish ID cars and poor quality of their cars it’s not surprising
I wanted the ID.4, but ended with an Equinox EV. The cheapest ID.4 ( 209 Miles) starts at 40K. For that $$$ an Equinox LT ( 320 miles) has FAR more range and much better interior. VWs board better start firing executives and replacing them with ones that know what the fuck they're doing. Aren't they aware of their competition?
I’m a big VW vehicle fan but they’ve made the mistake of turning the ‘people’s car’ into the wealthy person’s car. Greedy guts companies are starting to implode.
Car manufacturers are starting to realize EV cars are too expensive to manufacture. Even Volvo has delayed its plans to become a full EV-only manufacturer by 2030.
WEF: You will own nothing and y...
Companies: Hold that! We still need more time.
Schwab: Mh alright.
WEF: You will own things and you will be happy... for now.
Last week I had a brand new base model Jetta as a loaner car for a few days. Maybe 700 miles on it. For the first time I felt like I was driving a disposable car, no way could this make it past 100k miles. The amount of rattles and stumbles the car had without even going through its first oil change. I understand cheap cars and have had many but this felt throaway cheap
People passively advertising and pushing ev cars by saying " ohh vw did not focus on evs soon enough thats why it failed" lol its because they now have to source expensive gas to produce cars
VW isn't pushing EV, your govenemtn is. There are stiff fine for particulate emission.
@@krane15 Yeah and who is pushing the Governments with 'donations' and 'financing to promote ev'? The EV car manufacturers. Wake up dude.
I have never run a vehicle manufacturer in my life, and whenever I heard these companies saying they were moving towards exclusive EV manufacturing, I laughed at the idea. Now they are all taking heavy losses as a result. Its not sustainable and pure virtue-signalling, not related to what the market actually wants/can afford/see as practical.
Cariad doesnt have to exist, the companies are focusing more on vendor locking cars than building hardware. Android Automotive is a good software, and with current EU rulings against google, it is even more easier for companies to customize them, so I really don't get desperate need to reinvent the wheel and no car company is going to be a better software company than google.
It could exist, just as the group that develops Android automotive for VW. But no doubt they messed up thinking they could reinvent the wheel and or poor project management. At lot of companies with large hierarchies find it difficult to adapt to the Fast Moving software development landscape. Project iterations in weeks or months instead of years and years.
This, Why can't those car manufacturers without software knowledge use Android Auto from a company with better know-how always baffle me. Only for them to ask a Chinese company to do that for them after burning billions.
In a world where Android Auto and Apple CarPlay exist, why would one shoehorn half-backend software? Since German Automakers know how to build hardware, why don't they go back to more knobs and physical buttons? It is safer for a driver to operate buttons for important functions rather than fiddle with an imprecise and laggy touch interface. 😅
@@bobjoe8131 if you experience laggy of imprecise interfaces that just means they cheaped out on that hardware and our had poor software UI designers. Both can be avoided
I do agree that tactile buttons are useful, you can feel and control them without taking your eyes off the road.
I also think there is too much emphasis on in car entertainment. I don't need a games console in my car, just a radio will do..
But whatever the case, and whatever you choose, it can be done well or poorly.
Be it touch of physical button. Do remember a physical button can be too large or too small, or poorly placed, cheap plastic that breaks etc etc.
@@SoulDuckling126 ever heard of ego?
Never realized large companies like vendor lock-in? To create their own eco systems and overcharge for the services? I could go on.
The modern car industry often mistakes inflation for innovation. Replacing all buttons with a touch-screen, charging a subscription free to unlock certain features and jacking up the price isn't innovating on anything.
They charge 100E for plastic cup holder. It is not innovation it is extortion.
Government mandates are the end of domestic auto manufacturing for Europe and the US.
If they're bad at software than don't have the software. I don't know anyone who prefers a tablet interface over buttons and dials.
I know some that like it as a toy to show off how "modern" it is, until they've used it for a while and notice it's actually slow to do things with in comparison with just using a dial or button.
I think it's a lot more popular in China
VW does use physical buttons and dials, but the navigation system and other multimedia contros, will need a display and software, which they suck at
These car companies could save a chunk of change and win consumers by giving up on owning the smartphone/streaming interface; just outsource that to CarPlay & AndroidAuto. They ain't gonna beat Apple+Google in UI software dev.
@@Foquro The Golf MK8 and a load of other VAG products infamously used non illuminated touch sliders for the climate controls that couldn't be used at night
Why has VW done away with the VW Up ? It had no bells and whistles,and was just relatively cheap, simple transport? Let me guess,not enough profit?
Not enough profit is correct. Same reason the citigo, mii, fiesta etc have been discontinued or are on their last generation. It will be expensive cars for the rich and nothing for the working people soon enough
@@Listen2Concentr8 and that is where the Chinese step in
@@134343 Import tarrifs will make those unafordable for regular people soon enough aswell
@@134343 The Kia Picanto and Hyundai i10 are still around.
a few years ago they tried to become a software company, that was the beginning of the end. Their awful software and interface, those capacitive "buttons" don't make a great driving experience. And that OS is tied to the their EVs since they launch it with the id3.
You make a worse car than a Honda civic for the same price with parts costing 2x. Why would I ever buy a VW?
It's strange that this is the American view. In Belgium and the situation is exactly the opposite. And VW still is the most popular brand here.
Funny how that works.
@MrXelaim VW was here in the US before the Japanese or Korean brands yet they never really invested into the US market like all those other brands. They seem to only focus on Europe and China.
Their cars are definitely third rate hack here. Nothing very compelling in their lineup.
I do know Honda seems to have never really invested into Europe for some reason.
@@MrXelaim VW should concentrate on the Belgian market - the U.S. and Chinese markets are too competitive for their caliber.
@@gunesinan814 Or, they should lower their prices in said markets.
I was a huge fan of the VW growing up, having a Golf Mk 5 that I adored. When I changed jobs and lost my company car I looked at VW but the brand I loved was no longer there. Huge delays here on the Mk8 Golf (we got it about 2 years after the rest of the world), questionable design choices for the rest of the range, and extremely poor service, I am not at all surprised they are tanking.
For the US. Bring the VW Polo, VW Taos, and the VW T-Cross here. The VW Golf has gone too far upmarket. Need new entery models priced accordingly. Bring back the 6 apeed manuel. Inject some clever advertisements. But most importantly, IMPROVE THE QUALITY!
Some fair points, but Xiaomi is not a pure car company and thus its market cap is incomparable. That's also not the Seal you show in your BYD graph, but the Seal U, a completely different model, albeit with a similar name.
I love VW (owned 4 throughout my 20s) and love my GTI, but these manufacturers that screamed they were going 100% electric kinda deserve this. Most people can't buy EVs.
Most people I know in their 20s and even 30s simply can't have an EV because they live in apartments and can't charge it. I'd love to have one as a second car, but no way.
The market has spoken.
EV's are rubbish, and the companies listened to their dumb politicians. What a waste of money. Have owned 10 VW's with very good results. Buying basic Taos S model for US$26,000 next year. Number 11.
85% of new car buyers were homeowners with six figure household incomes and financed the majority of the principle amount for their vehicle purchase of choice in 2023 for the U.S. market. So people can afford evs in the world's largest per capita vehicle market with the highest asp.
And no apt or condo dwellers have a fuel pump on site either. But they can install slow cheap ev chargers, and use work place charging.
Plus many areas you already visit and stay at restaurants, shops, malls, grocery outlets etc are installing or have ev chargers! 👍🏻
@@4literv6 still not it. Try convincing your landlord installing EV chargers lmao. And not having a gas station nearby? What a joke
MK5 GTI: £20,000
MK9 GTI: £50,000
The MK5 was a wonderful machine which felt so luxury with a surprising turn of pace. it is now ruined feels cheap and tacky.
Greedflation is literally eating the economy
Did the keylight break?
I had to buy a new car this year. I drive a lot and I can charge at home, so I wanted an electric one. The first car I tried was the id4. it was terrible. the interior looked cheap and unfinished. the software and control was extremely complicated. they used to make good cars that were easy to control and were made to drive for decades, this seemed to me like the target customer was someone who doesn't understand cars and doesn't need a car and doesn't drive a car but has a lot of money.
VW has struggled to create simple, reliable vehicles that are inexpensive to produce. Taking Volkswagens, slapping Audi & Porsche logos on them and jacking up the price has allowed VW to paper over their bad engineering.
Their gearings also suck. At some point they even stopped publishing gearing info.
One of the most anticipated cars was the MK8 GTI, only to leave us disappointed upon closer inspection. The infotainment and climate control configurations were 'dealbreakers'. What's worst, VW could've fixed the problems within a year; they didn't! Sales suffered, as did brand loyalty.
I recommend that they try to build a decent quality car at an affordable price that people want.
I quite liked my mk 7.5 GTI, and have regretted selling it since. Almost 70k miles, stage 2 with a down pipe. Super fun car .
Overpriced junk. Good riddance.
Somebody is cutting features off like mk8.5 GTI/R without a manual and then wondering
Vw are an economy car company who has drifted away from the economy market and chinese competion has been more than willing to pick up the gap. I wouldn't be too worried about vw in the long run, they have their hands in all the pots and are such a large company that germany wouldn't let it fail.
Don't forget the Emmisions scandle where the computer changed settings when detected to the test system to pass USA emmisions standards.. At the time, I was thinking about a VW SUV, but opted to go Ford Escape. 5 years later, still have that Escape.
There was a lot of focus on EVs in the video, but to be honest EVs are not a great product the moment. I can't see myself or anyone in my circle buying them right now. They are more expensive and less convenient (because there is not enough charging stations and not as convenient as gas). Their main business is still regular cars
Viable full EV battery technology is just not here yet. Too heavy, too expensive, too wasteful, an ecological disaster. Toyota hybrid for the win.
@@pk4459 Toyota yes, hybrid no.
Exactly, they is too much hype about EVs even is a very small market
@@kabzaify As a further point, electricity has always been hard to store. Can't see how battery technology will all of a sudden solve this problem when after all these centuries of unobstructed research nothing has turned out. The future is biofuel.
@@Lina_Antoniou Exactly
A colleague of mine had a new VW Premium car. I don’t remember the model but it was being repaired more often than driven…
this is actually quite sad. I've owned a 2011 VW golf and right now I own a 2019 GTI absolutely love their cars
Then go buy another one. Help them buy their excess capacity.
@@marktrinidad7650how’s the reliability
@nassernathan Actually pretty good. I wouldn't buy an older one but the newer ones tend to have good reliability
The rise of the Asian, reliable brands, like KIA, BYD, Toyota, etc. VW have been churning out crap cars for years, they just have a brilliant marketing team.
if they'd carve out some affordable good quality hybrids or plug-in hybrids without all the laggy software stuff(just use dials/buttons) they actually have a winner.
it's so weird to me a lot of carmakers just skipped the entire hybrid step to just go to fully electric vehicles.
The plug in hybrid step was 10+ years ago. There wasn't significant consumer interest at the time (likely because the electric ranges were small, until the huge improvements in battery technology led to increases in battery only range from 30 miles at the time, to multiples of that range today).
He buried a bear? No, he left it lying on the ground and pretended that it was involved in a bicycle accident. That's... a weird fact for TLDR to get wrong, TBH.
They should focus an the "Volks" aspect of there name. And make good but affordable standard cars for everyone
Low profit margin and higher price due to cheaper competitors (BYD) mean this is no longer a viable solution.
Can we all take a moment to consider the Austrian Painters feelings! anyone reading this who owns a VW, you should thank him, he could have given us so much more! rest in peace my leader♥
Germany doesn't make good affordable cars anymore, but to be fair neither does America.
Toyota does.
@@Lina_Antoniou Toyota is a Japanese company and +25k is not affordable for a depreciating asset.
@@Random-ne3ed Toyota being a japanese company makes them better than european and american ones. Also I don't think there 's anything decent below the current Yaris' prices. Segment A is going extinct anyway, so the choices for the poor have already been very narrowed down, even if the car doesn't have to be decent.
Funding war in Ukraine, Not buying cheap Russian resources. Woha what a shock.
@@cte4dota Russia cut them off, not the other way around. Germany has also been selling weapons to war torn countries for decades.
Maybe VW should try to make a good car, a compelling offer to the customer for a change...
Wow, a video about companys decline with no financial figures. Market cap is not one and varies wildly by sentiment. They did make record profits last year.
VW has a team of bean counters to constantly make the stock price go up. That has no relation to how the actual company is doing.
@@markm0000 while you say it from a different perpective I literally said that market cap is NOT an indicator of company performance... earning reports are, but this video had zero financial numbers from any earnings report.
Yeah, making record profits by cutting costs.
@@pauli2753 if you go by the earnings report for your investments I wish you well. That has zero correlation to the actual health of a company. VW is eating itself just to keep the numbers high and will fall apart within the next decade.
@@Foquro that is part of business... but they had record revenues as well so not only by cutting costs.
Spending €30b on fines plus the lost sales and reputational damage doesn't help. But yet again those in charge are still on their billion Euro salaries whilst the workers are shafted.
This^^^
Dieselgate was really the catalyst for all the problems at VW today.
Well some of the managers actually are in jail or in court.....
The workers there earn more managers in other big companies in Germany..VW workers are known to be arrogant and useless in Germany
well when you sell a GTI for $60,000 the people's car is no longer the people's car, when a VW is priced like an Audi/Porsche of course they aren't selling
Where I reside, Chinese SUVs cost considerably less than a VW now. It's getting to a point that older, second hand model VWs sell better than brand new models
We should always support China. Don’t forget how the western media attacks our religion 24/7 and country. And always shows wrong maps of India on purpose. Let their car industry suffer. They can support fellow euro countries but we can’t support our fellow Asian neighbour? 🇨🇳🇮🇳💙
90% of the people don't want EVs and will never become a thing , the end !
EV's are inevitable, and anyone not investing in the future are going backwards. Legacy auto are not in good shape.
@daydreamer8373 legacy automakers are not in good shape because of politics. They are being forced to make cars that the majority of population don't want.
@@ahogQ The best selling car last year was the Tesla Model Y. So people definitely want EV's, and with more affordable models coming, EV sales will only continue to grow.
@daydreamer8373 tesla is for rich people. People getting EVs because of politicians, regulations, taxes/incentives. Small number of people are getting them because they like the high tech stuff. Just wait until insurance costs skyrocket due to increasing number of EVs on the road. I'm sure everyone will be happy.
@@ahogQ I know plenty of people with Tesla's and they are not rich. (but more affordable models are now appearing) EV sales are increasing for many reasons, not least of which they are great to drive. As for taxes and incentives, whatever you imagine is given to encourage EV take up, it is a tiny fraction of that given to the fossil fuel industry. That litre of fuel would cost a hell of a lot more without them. Elon Musk has said all subsidies should stop, including fossil fuel subsidies.
I don't know why you think insurance will skyrocket because of EV's?
I guess this means that I should hang on to my 2003 1.8T Mark IV Jetta Wagon with 173K miles a little longer, LOL. Even now, when I get work done on it, I am told that it's "vintage", and the parts need to get shipped from Germany, LOL.
The biggest problem was the software. Like many companies, they don't understand software.
the end of volkswagen was when they got rid of the bus, got rid of the karman ghia, and turned the air cooled rwd vw beetle into a plastic fwd watercooled golf. aka 2003 was the last time vw made a good car which was when the final REAL beetle rolled off the assembly line in mexico
I have owned VAG vehicles for decades. It is simple to see why they are struggling. Poor product design, reduction in quality and overpriced.
I will never purchase an EV. In about a six week period this summer, two families in my area have lost their homes and everything in them to fires caused by EVs. The two families were fortunate to escape with their lives! EVs are extremely dangerous fire hazards! The media is complicit in keeping this information from the public. An EV in your garage is a ticking time bomb!!
In my country a sh!tty VW Golf with hard plastic interior, two years warranty and unreliable as F cost more than a Tesla Model 3.
Like Im gonna buy a smaller, inferior, boring plastic bag with wheels over a model 3.
VW should focus on making compelling cars for affordable prices. They are definately not a peoples car anymore
EVs are boring too.
@@Lina_Antoniou I disagree but beside that they are good quality. Additionally EVs have fewer parts and thus break down less easily.
@@134343 For a car to become immobile, it doesn't need to break down in terms of powertrain. EVs are way too heavy, so they wear off their tyres and brakes a lot faster than ICE vehicles of the same segment. Are you sure you 'd want to use a car with no brakes?
Love my 2023 atlas cross sport but we bought it cpo and we’ve already had to replace the infotainment system and the gas mileage has just randomly plummeted by vw service programs have been great and we haven’t had to come out of pocket yet
The forced introduction of EV’s by politicians will destroy European motor manufacturing.
It is reminiscent of the old Soviet 5 year plans…….they also failed.
The fact that Ferrari has almost double market cap with only 2% of VW's revenues says a lot about how unhinged the western financial system is. Peoples and corporations' value isn't evidence based anymore but based on abstract estimates and the feelings of investors.
No, the reason it that Ferrari make solid profits e every year, so it makes sense to invest in it. VW is going to need a bailout from the german government in a few years.