The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at the effect VW's Dieselgate scandal is having on the automaker and the entire industry.
While many key questions remain unanswered – the main one being: Who knew what and for how long – our cover story looks at how VW could use the biggest scandal in its 78-year history to improve its corporate culture, cut costs and energize profits.
We also outline the key challenges facing the VW, Audi, Seat and Skoda brands and identify the key new executives who will tackle the tasks.
Dieselgate, along with overall volatility in the global financial markets, had a big effect on the shareholder value at VW as well as at most of Europe’s publicly traded automakers and suppliers. The latest Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices show that in the third quarter European automakers as a whole lost 27.9 percent of their value and partsmakers lost 12.5 percent. While there were a lot of losers as a result of Dieselgate there were also quite a few winners. We reveal a few of them in our Final Word column.