Why BMW Could Be the Winner in Volkswagen Diesel Scandal
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Fewer Europeans will buy Volkswagen’s “clean diesel” cars even after the cheating software is removed. These include Audis, Porsches and Volkswagens proper. If Europeans are looking for a clean diesel German car, they will most likely move to BMW, which could gain the most from this debacle, assuming that BMW isn’t cheating just like Volkswagen. BMW has a 6.3% market share in Europe now. It may go up next quarter in taking some of Volkswagen’s share.
http://ift.tt/1iMIOvY
Fewer Europeans will buy Volkswagen’s “clean diesel” cars even after the cheating software is removed. These include Audis, Porsches and Volkswagens proper. If Europeans are looking for a clean diesel German car, they will most likely move to BMW, which could gain the most from this debacle, assuming that BMW isn’t cheating just like Volkswagen. BMW has a 6.3% market share in Europe now. It may go up next quarter in taking some of Volkswagen’s share.
Why BMW Could Be the Winner in Volkswagen Diesel Scandal
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