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Thread: VW shares tumble !
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09-21-2015, 04:41 PM #1
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VW shares tumble !
Volkswagen shares tumbled more than 20 percent on Monday (9/21), their biggest ever one-day fall, as the German carmaker was plunged into turmoil by accusations from U.S. authorities that it falsified emissions data.
I wonder how this will affect Lamborghini ?
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09-21-2015, 06:03 PM #2
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Minimum if any would be my guess. In terms of sales not even VW should be affected.
If you ask me, emission taxes charged by all world gov is wrong and abusive. Period.
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09-21-2015, 11:06 PM #3
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But Hurricane ... the scandal erased more than 13 billion euros (around $15 billion) from the company's market value today!!! In Germany, the transport minister said VW models will be examined for any similar manipulation. This could snowball.
Originally Posted by Hurricane
Yikes !!!
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09-21-2015, 10:55 PM #4
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What about if VW will be forced to buy back all the diesels they sold here?
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09-22-2015, 02:20 AM #5
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Good time to buy the stock...
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09-22-2015, 04:02 AM #6
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That's what they once said about PanAm. lol Originally Posted by 15HURACAN1
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09-22-2015, 07:43 PM #7
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Its about to be the BEST time to buy stock! Gotta love making a killing on large company woes! Originally Posted by 15HURACAN1
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09-22-2015, 03:34 AM #8
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I wonder if this has anything to do with the fact that for the past two weeks the USD was freefalling in comparison to Euro
Now it started to gain some value. Hmm...
I agree, time to buy. I still believe that sales won't be affected. It's like Pepsi or Cola being accused of having more sugar than advertised. Guess what. People would still buy it.
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09-22-2015, 12:15 PM #9
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It is an issue of emission, not safety. I think Sales will do ok. Unless US Government imposes a suspension or restriction on sales of certain models of VW vehicles.
Hurracan please.
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09-22-2015, 02:40 PM #10
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VW shares tumble !
Can you imagine that, Huracan prices will skyrocket in USA. Originally Posted by xudaniel1949
Slim chances but never say never.
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