More than $17 billion has been erased Monday from Volkswagen’s value in shareholders’ eyes as the company awaits more fallout from news that the company cheated through emissions tests.
Volkswagen’s stock dropped more than 20 percent Monday after the German automaker announced it would stop sales of its diesel cars on Sunday. New CEO Martin Winterkorn issued a statement Sunday to apologize:
I personally am deeply sorry that we have broken the trust of our customers and the public. We will cooperate fully with the responsible agencies, with transparency and urgency, to clearly, openly, and completely establish all of the facts of this case. Volkswagen has ordered an external investigation of this matter.
Raphael Orlove over at Jalopnik has fine, fine reporting that the next-generation Audi S4 will sport a conventional 8-speed torque converter automatic instead of the company’s 7-speed dual-clutch unit.
The reason? The S4’s new turbocharged, 3-liter V-6 that produces 354 horsepower creates just enough torque (368.8 pounds-feet of torque, to be exact) to disqualify the automated manual. According to Orlove, the automaker didn’t rule out a DSG in the S4’s future, but said it just won’t be available at launch next year. (Read More…)
Insert Q*bert sound. (photo courtesy: www.vwvortex.com)
I’ve enjoyed your columns. [That makes one of you! – SM]
The VW and Audi Forums are still abuzz with reports of VW mechatronic failures in the mid-2000s DSGs. Do you have any information as to whether the newer versions (they’re from a 6 to 7 speed DSG, I read) are any less failure prone than the earlier versions? (Read More…)
At its 2014 Innovation Workshop, Volkswagen unveiled an assortment of technologies, ranging from doors that open and close automatically, to 10-speed transmissions and more powerful diesels.
I own a 2006 Audi A3 2.0T with the DSG dual clutch gearbox. I really like the car, and my plan had been to keep it for a long time. As the original owner I’ve racked up nearly 125,000 miles. I’ve scrupulously kept up with the maintenance, and service on the car, though those 125,000 miles haven’t been exactly trouble-free.
I have a 2011 VW CC (2.0 turbo) with DSG that is currently at 35000+ miles without any issues. I love the car and take care of it as much as a first time VAG owner and a first time car owner can take care of it. Problem is that over the last 200 miles or so, I have been noticing that the shift lever moves rough/ hesitates to move as quickly as I am used to it moving.
I am not talking about the actual shifts themselves but the shifter itself being rough to move within the case when upshifting or downshifting in DSG model. (Read More…)
In a week we will post our first full review of the all-new and all-controversial 2014 Jeep Cherokee. The new Jeep isn’t just raising eyebrows for the love-it or hate-it styling. Or the resurrection of the Cherokee badge. Or the constant delays in production. Or the transverse mounted engine. Or the lack of solid axles. None of that laundry list seems to cause as much discussion around the automotive water cooler than ZF’s 9HP 9-speed transmission. Click past the jump for a deep dive into the tranny with more speeds than my bicycle. If you don’t want to explore transmissions in detail, don’t click. You have been warned.
TTAC Commentator jco writes:
I have a quick but also possibly interesting question: in new VWs with DSG, the LCD info on the dash will tell you exactly what gear number you are in. Obviously with this particular transmission it’s necessary to do this. but why can’t other cars with conventional transmissions, either automatic or manual, have this small but useful feature? have other cars featured this?
Given the sudden multiplication of available gears in upcoming transmissions which have been a hot topic on TTAC recently, maybe it should be mandatory in a future sedan with an 8 speed transmission.
Also, FYI, my phone autocorrected your name to Sanjeev.
After enduring what The Motor Report calls “a spiraling and damaging media campaign – run, in the main, by Fairfax media,” Volkswagen spoke up. According to Reuters, “Australian Managing Director John White told Australia’s Fairfax newspaper on Friday that VW “have issues” after car owners complained of transmission and engine failures causing loss of power, but did not order a general recall.” (Read More…)
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The death of an Australian woman who was rear-ended two years ago is making new headlines. In 2011, 32-year-old Melissa Ryan was killed when a truck with two trailers hit her Volkswagen Golf from behind. A coroner is looking into the matter. The report is expected to be completed in July. In the meantime, Australian media does not let simple technical facts get in the way of a bad story. (Read More…)
If I say “hybrid,” most people think: slow, efficient, awful-to-drive, Prius, tree-hugger, Democrat and California. Pretty much in that order. The people’s car company however is on a mission to change your word association. In 2011 VW crafted the ridiculously fast supercharged Touareg Hybrid. For 2013, the Germans have some new words for you to associate with “hybrid”: direct-injection, turbocharged, 7-speed, DSG and Jetta. Is this enough to sway Prius shoppers looking for a more engaging ride? More importantly: should you get the Jetta Hybrid or the Jetta TDI? VW tossed us the keys to a dark blue fuel-sipper to find out.
I am a 35 year old elementary school principal, married with 2 kids (5 and 9), and a certified car nut who thinks and reads about them way too much, and who is a walking contradiction when it comes to cars. (Read More…)
The Chinese leader of the purchasing department of a very large Chinese car manufacturer once informed me: „Clutches? Don’t buy any Chinese clutches. They are all [expletive deleted]. We import all of our [expletive deleted] clutches.” Volkswagen is setting out to change that [expletive deleted] situation. (Read More…)