28368
Most Germans Still Love VW
Economy, Auto

Most Germans Still Love VW

Two-thirds of Germans still believe Volkswagen builds "outstanding" cars, despite a high-profile emissions-test cheating scandal that has damaged its image, a survey found. Sixty-five percent said they either fully or largely agreed the scandal was overdone and that VW still made excellent cars, according to results of an independent online survey of 1,000 people published on Monday by market research firm Prophet, Reuters writes. Six out of 10 said they did not believe the "Made in Germany" label would be damaged by the scandal in the long run and 63% believed the affair would soon be forgotten. Some Germans have expressed concern that VW's problems could harm other businesses that depend on the country's reputation for engineering prowess and reliability. VW admitted last month it had cheated diesel emissions tests in the United States, unleashing one of the biggest scandals in its history and causing the downfall of Chief Executive Martin Winterkorn. The auto industry accounts for more than 750,000 jobs in Europe's biggest economy, and politicians from Chancellor Angela Merkel down have rallied around the sector.

 

Short URL : https://goo.gl/wBl0DV
  1. https://goo.gl/NbaPfn
  • https://goo.gl/AoYJ73
  • https://goo.gl/EyL7lS
  • https://goo.gl/MShtUC
  • https://goo.gl/3yRieu

You can also read ...

Iran Receives First Round of Post-Sanctions Finance From European Banks
In what were the first finance deals clinched with cautious...
68% of Non-Oil Exports Headed to 5 Countries
China, Iraq, the UAE, South Korea and India imported 68.7% of...
Indian Bank to Extend $150m for Chabahar Development
Iran is expected “very soon” to approach India’s Exim Bank...
TEDPIX soared by 3,459 points or 4.2% during the sixth month of the year–the highest monthly rise recorded so far this year.
Tehran Stock Exchange’s primary index TEDPIX gained 8,346.3...
Gold Coin Hits 3-Week Low
Gold coin prices are modestly down and hit a three-week low in...
Flat Steel Import Market Cools as Domestic Prices Drop
Import prices for flat steel materials cooled down in Iran in...
51.5% Rise in University Graduates
The findings of the most recent National Population and...
Roads and Urban Development Minister Abbas Akhoundi has...

Trending

Googleplus