Volkswagen scandal has limited impact on diesel vehicle market

According to foreign media reports, the recent cheating scandal of Volkswagen's diesel vehicle emissions has caused great uproar in the auto industry. Some analysts believe that this event will have a huge impact on the diesel vehicle market, but first-tier suppliers such as Bosch and Faurecia have said that this The incident had a "limited" impact on the diesel vehicle market.

Faurecia believes public scandals have limited impact on diesel vehicles
Faurecia believes public scandals have limited impact on diesel vehicles

Last year, Foglia's operating income reached 14 billion euros. The Volkswagen Group, as its largest customer, purchases orders for diesel car parts at 1.6 euros. Among these, North America’s share is about 10 million euros.

The CFO Michel Favre of Foglia stated that at present, most of the cooperation projects between the two sides are not affected. If the public loses part of its business, Faurecia can also make up for it from other customers and say that “material (loss) is very limited. ."

Recently, Bosch as a direct supplier of Volkswagen's EA189 diesel engine in this case, also stated that the diesel vehicle market has not been affected much, and said that not all diesel technology should be questioned due to this incident.

Mining And Oil Camp Series

Container Camp,Modular Camp,Prefab Camps,Prefabricated Camps

Yangzhou Tonglee Reefer Container Co., Ltd. , https://www.cimctlc.com

This entry was posted in on