Because of the emissions scandal Volkswagen's U.S. sales are already drastically falling down.
The consequences will also spread over the individual owner of diesel-powered VWs when trying to sell their vehicles on the used car market.
Even though sales are otherwise on track to be extremely vigorous, but due to the VW dealerships' prohibition from selling 2-liter diesel engine vehicles, Volkswagen Group of America's sales are dropping continuously. Sales already fell with 5.2 percent in September and until the end of the month they will decrease at least 2 % more according to auto analysts.
Volkswagen consumers willing to trade their diesel-powered cars, have to accept the fact that the prices are lower than they could have been a week ago. That's why experts urge sellers to hold off until VW decides how it will fix the issue. At Volkswagen headquarters in Wolfsburg, Germany, fixing that mess is the top priority.
The top engineers at Audi and Porsche and the head of VW's U.S. business, as well as Martin Winterkorn in person, expressed confidence that the company would survive the scandal that now has the European Union urging its 28-member nations to launch their own probes. Germany itself is promising to test the cars of multiple manufacturers.
The U.S. Department of Justice has confirmed it's working with the EPA in investigating Volkswagen, which has acknowledged nearly 500,000 diesel cars are in the U.S. are outfitted with software that circumvents EPA emission tests. "We take these allegations, and their potential implications for public health and air pollution in the United States, very seriously," Wyn Hornbuckle, a spokesman for the agency, said.
Meantime, the global crackdown continues.