A “bloodbath” is coming! - VW is collapsing - NEW Aid is inbound - Too BIG to Change?

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[@edwyncorteen1527]

As you say, Herbert Deiss warned this would happen so they sacked him!

[@yourcrazybear]

Volkswagens biggest mistake in recent times.

[@LJ-jq8og]

Herbert Diess must be LAUGHING his ass off 🤣🤣🤣

[@georgegeorge9852]

Need to bring him back ASAP!

[@LJ-jq8og]

@@georgegeorge9852 👍

[@EnriqueAThieleSolivan]

@@georgegeorge9852 He is a very happy retiree. Will, be difficult for him to work againg. He retired with many millions.

[@FrunkensteinVonZipperneck]

Herbert called my revivifier. Asked Doc to stitch his ass back on...

[@waynerussell6401]

@@EnriqueAThieleSolivan Dec 2022 appointed as chairman of the chipmaker Infineon.

[@JDLuke]

They fired Diess. They Diesserve it.

[@DaBooster]

Agree 110%

[@sylvestertomcat8988]

ALL WOB-workers (at least the majority) will disagree. 😢😢😢 Now they see the full picture . disaster.

[@Suburp212]

🎉

[@ainschuntayleuhn1147]

Volkswagen forgot their Biggest Success. Which is an “Affordable” Vehicle for Everyone.

[@4literv6]

Hitler is no longer in vogue don't ya know. 😀 he layed the cornerstone to vags largest oldest most successful plant wolfsburg afterall. And he was the one who kept vw in business to. And the beetle was his own vehicle pet project(2nd best selling vw of ALL time to. 😅

[@yourcrazybear]

Volkswagen have lost their ways for sure.

[@Thunderrolls87]

Well how can you compete with paying people civilized wages and benefits versus Chinas sweat shops. Its a lose for civilized countries. Its not even competition. China is at a unfair advantage

[@sylvestertomcat8988]

it WAS an affordable car (left there in the 80‘s)

[@markplott4820]

the VW bug was , and still is a DEATHTRAP.

[@LJ-jq8og]

GERMANY should be so thankful TESLA is employing their own citizens ❗ INGRATES ❗

[@sylvestertomcat8988]

YES - they are! 🤝🍀🍀

[@yankeewog]

I'm almost 50 years old, never owned a car but have followed tech news for decades. It blows my mind that the VW Group didn't start turning Audi into an electric car brand at least 5 years ago. Audi customers were the perfect target group for EVs. And had more money than VW customers. Instead, the geniuses thought it was a good idea to sell VW cars for Audi prices SMH.

[@ThePeter123a]

VW has difficulty starting large job cuts like Tesla because there is a job guarantee until 2029. Audi is releasing two more models with 800 V technology: the Q6 e-tron and the Audi A6 e-tron. Tesla currently only offers the Cybertruck with modern 800 V technology but no cars.

[@markplott4820]

VW will sell off AUDI soon, just as with PORSCHE.

[@quansun7633]

@@ThePeter123a800v is not magically better than 400v. It all depends on implementation. Many Chinese EVs have the 800v architecture but still has lower efficiency, slower charging rate than Tesla. High voltage for the sake of high voltage means exactly nothing.

[@ThePeter123a]

@@quansun7633 In these German premium vehicles, the maximum battery capacity in kWh is larger than in the current Tesla Model Y.

[@BrZi38501]

@@ThePeter123a it has to be because their cars are less efficient… its a lose lose scenario where you always have to put bigger more expensive batteries to keep the pace which makes the car havier which asks for more expensive brakes, chassis ect. Lose lose lose

[@mmanjin]

VW is just the beginning. Many other legacy automakers are already facing carnage. By the end of this decade many will become a mere shadow of themselves if they survive at all. Incumbents rarely see or acknowledge disruption until it’s too late.

[@yourcrazybear]

Yeah.

[@paulmarvin4368]

Totally agree. Huge paradigm shifts rarely come from established industry players because short term goals become the driving force for management due to compensation packages ,completely ignoring long-term market forces.

[@snookmeister55]

@@mmanjinToyota has been remarkably unaffected thus far, I suppose due to hybrids. Stellantis is squealing the loudest.

[@EnriqueAThieleSolivan]

China will decimatew the world car industry, and they will end with about 80% of the world ev market. The US lost that battle about ten years ago. To late for any legacy US manufacturer to survive.

[@stennordenmalm9900]

Wake up. Tesla is facing much bigger problems than VW and other big car companies.

[@charleswillcock3235]

Elon "The reason we do not have electric cars is not because of a lack of styling" - what a great quote. Probably lost on many people. Hardcore engineering, sounds like the place the very best engineers would want to work.

[@stennordenmalm9900]

The best enginering ppl at Tesla, are leaving. Why should they stay at a EV company going downhill? (Sell your Tesla stock asap)

[@fredbloggs5902]

@@stennordenmalm9900There’s no evidence for that

[@frederickfaller899]

@@stennordenmalm9900. Hahahaha

[@stevenbarrett7648]

If they could build an engine that runs on hot air VW would be market leaders!

[@yourcrazybear]

"If they could build an engine that runs on hot air VW would be market leaders!" That depends on whether Toyota have hotter air or not. 😅

[@stevenbarrett7648]

@@yourcrazybear Maybe they could have a meeting about that !!

[@skipondowntheroad5833]

@@yourcrazybear Toyota will be releasing their groundbreaking solid state hot air powered lineup really soon.

[@whowhy9023]

Aw I think Mary would be up there at the top competing…😂😂

[@sylvestertomcat8988]

@@yourcrazybeardepends on the costs to heat up that air 🤖

[@jjamespacbell]

Transitioning an existing ICE car manufacturer to a BEV manufacturer is almost impossible. BEVs are computers systems with wheels, these systems require a few super star programmers, they cannot be simply hired. You need to hire them at a young age give them the tools and support they need from technically competent management. As a mechanical engineer who got into programming you quickly realize that a few of the young people are elite Michael Jordan level programmers. These are the stars that make a company if supported, not hiring 5,000 good programmers.

[@admarsandbeyond]

They can't hire this kind people to just build cars. People like them need need their work to be truly important, to work for a great mission, a grand vision for the future of humanity. And they need a leader who is one of them, who can understand them fully and give them what they need to sprint forward. Union bred bean counters are not that kind of leaders.

[@markplott4820]

BYD did it successfully. BYD is Largest producer of NEV in the WORLD. BYD makes fewer pure BEV than TESLA. BYD is still using Legacy Parts bin for NEV cars.

[@catbert7]

Legacy auto could have had modern software in ICVs, they just didn’t, because the companies are fundamentally opposed to innovation. That is the problem they can’t fix. Software fails is just one of many manifestations of that core flaw.

[@LJ-jq8og]

American MSM told us that: VW was and is a "TESLA KILLER" 🤣🤣🤣

[@pauldaggett6759]

MSM -> LIARS

[@sylvestertomcat8988]

never 🎉😂😂😂

[@DCGreenZone]

BYD and Hyundai are.

[@LJ-jq8og]

@@DCGreenZone Your statement is "self-revealing..." Hyundai is NOT making a profit on their cars... LOSING money on their BEVs... BYD is barely making a profit on BEVs....YES as to their hybrids... but are NOT competing with Tesla sector at all ! .. TESLA is the high-end Chinese sector... BYD has the ultra low end... So NO you are wrong 😊... Indeed BYD and Tesla work with each other...

[@DCGreenZone]

@@LJ-jq8og How many times has Leon dropped prices, driven resale values into the ether, promised FSD for over 10 years now.... Pulleaze don't try to impress me with TSLA.

[@hervebabey9603]

You’re right : VW is the new Nokia !

[@richb2229]

It’s somewhat ironic that Boeing has the same problems with software as compared to SpaceX as VW has with software as compared to Tesla.

[@jup52]

It is ironic that in a few years Tesla may be the only car industry left in Germany. Tesla will be the savior of the Germany car industry?

[@bellumCretatus]

The chinese companies can buy the factories for cheap. Set up automated lines and avoid EU tariffs.

[@snookmeister55]

Mercedes isn't going anywhere, nor Porche, BMW. Probably all will shrink and consolidate.

[@bellumCretatus]

@@snookmeister55 Mercedes should have held on to their Tesla stock. Worth way more than Mercedes now…

[@yourcrazybear]

"It is ironic that in a few years Tesla may be the only car industry left in Germany. Tesla will be the savior of the Germany car industry?" It's possible.

[@yourcrazybear]

@@snookmeister55 "Mercedes isn't going anywhere, nor Porche, BMW. Probably all will shrink and consolidate." Based on what? Their lack of success recently? And if they shrink and consolidate they will be an ever bigger mess than they are right now. They need to start fresh with a few highly successful models. What they don't need is a spaghetti structure of company ownership, number of models, and factories. They need more more in their companies, not less.

[@christhomas5804]

Our corrupt politicans here in Germany will help them out again... (I could throw up...)

[@MrEd2291]

We have the same problem in the United States. Legislation is aimed at helping legacy automakers do better than Tesla.

[@yourcrazybear]

Probably. It would be a get out of union free card. But they would have to start all over again, which is doubtful they would be successful in anyway.

[@nguyep4]

I don't see how it can be bailed out. It is one thing to get buyers, but VW has no viable products to offer that would compete with Tesla and the Chinese abroad as well as within.

[@frederickfaller899]

@@MrEd2291. Again. Haha

[@Suburp212]

Now that the brown party is back in business, VW will get money jammed up their behinds with high pressure.

[@maxflight777]

This is just the first German Plant closure. *There will be more*

[@Suburp212]

Let's hope so.

[@InformedKiwi]

The Bankers for the $200B loans to the VW group are having a meeting

[@chrisheath2637]

Ramp that up a bit for executive payoffs....

[@theimax1]

Hope they will call in the loans

[@EnriqueAThieleSolivan]

@@theimax1 If they wait they will lost all. No one will buy a lagacy car manufacturing plant. The others will be running out of cash too.

[@Lifecoach7Ra]

Well also the camel drivers from Katar with 17% in VAG and probably a lot of RuZZian oligarchs as well as the traitors around Schroeder and Merkel will have some troubles. They certainly will spread more lies about how bad Tesla is doing or engage some more „eco“-terrorists to sabotage the greenest car manufacturer in Europe. It’s absolutely crazy that Germans do with their eternal prejudice that is „truly destructive“ in all of their history based on stubborn arrogance toward truth about reality. E.g. BOSCH always misused their power to norm innovations that were not their own, as with my family the inventors of oscillating sawing blades sold by millions from over 3000 companies that never paid a dime, but these criminals sued the real inventor for ‚copying‘ one of ‚their‘ concepts. Such stories have been common the past 40 years of blocking innovation to stay in power with the help of hedge lawyers. So I do not heave tears in my eyes but I am angry about the working people loosing their jobs for paid whores with golden parachutes and Nazi-families everywhere still in power in companies that never changed their internal thinking so far. This now comes to an end as there is a disruptive new time with new players doing things differently. If it’s also better only time will tell but only green electricity makes us free, as long we keep control ourselves. Only electric cars and transports have the potential also to save energy and that is better than just cutting cost on the back again of customers getting worser products and workers getting more stress and pressure but having no chance to ‚safe‘ the company. The fish always starts stinking from the head🤪🤡💩🦄🤮🤬😵‍💫👿☠️

[@frederickfaller899]

They say no

[@InformedKiwi]

I wonder if the protesters at Tesla Berlin move to the VW Group? Or will the protesters by happy when the factories close with how much water that will be saved.

[@richard--s]

The surface coal mine in that region somewhere that's using or that's pumping away more than 100 times the water that Tesla uses, seems to be no problem for the protesters, that's how it looks to me at least. Did I miss something? When asked, what's the problem, they write, it's the water. When pointing out that the coal mine is using or pumping away more than 100 times more water than Tesla, they don't respond any more. And on other occasions they shout about their water for their future and Tesla is using their water again. Until someone points out, there's the surface coal mine not so far away and the water... Then they move on to the next spot to post about Tesla's water usage... Strange. But that's at least how it looks to me in my opinion, maybe I don't see the full picture, who knows...

[@frederickfaller899]

VW won’t have any money to pay them to F with Tesla anymore

[@frederickfaller899]

Maby VW can buy GM. Haha

[@travisjazzbo3490]

If Tesla comes out with a more affordable EV for the masses, it will be a game changer. It is what put VW on the map as well as Toyota and Honda back in the day. Germany will have to do all it can to cater to Tesla at that point

[@InformedKiwi]

Tesla has been sitting on its hands on a smaller affordable vehicle. That small vehicle market has the Chinese coming strongly

[@travisjazzbo3490]

@@InformedKiwi True. But they do have about 6 other things they are doing at the same time. Hard to be absolutely perfect on everything - yet maybe they will prove they are far more right than wrong... the next 24 months will tell us everything. Semi, mass intelligent battery storage, FSD, Robotaxi, robots, and more I believe

[@yourcrazybear]

@@InformedKiwi "Tesla has been sitting on its hands on a smaller affordable vehicle. That small vehicle market has the Chinese coming strongly" Sure. In hindsight Tesla should have made the compact car before Cybertruck, but first to market is not what matters. Ask Nissan about that.

[@ElMistroFeroz]

That's been the case. It's called the "Used Market". The problem is the media's control of people where they complain about high EV prices and depreciation on the same breath.

[@EnriqueAThieleSolivan]

@@travisjazzbo3490 True 2 years of very fast disrruptions. Very interesting future.

[@charlescole-p9v]

Yep: they did it to themselves. I'm not crying !

[@gordongekko4752]

Imagine a legacy automaker who cannot make a profitable EV. It is why we called them, "legacy or dinosaur automakers."

[@4literv6]

I like lagacy ice dinosaurs roaring loadly and futiley at the approaching inEVitable all electric vehicle comet. 👍🏻😂

[@gordongekko4752]

@@4literv6 Good one!

[@aeromtb2468]

actual layoffs in germany, yet they throw roadblock at tesla for expanding.

[@prman9984]

In 2015, I was called into a marketing research meeting for BMW and I explained that having amber dot matrix screens that looked like they were from the 1980s wouldn't cut it. They couldn't understand why anyone would think that or want anything different, despite everyone there agreeing with me. And despite me telling them that my 2004 Acura TSX already had a full color touch screen over a decade earlier. The other thing I pointed out was that unlike my Acura and Mercedes, there was nowhere to set my phone while I was using the map feature. Again, "nobody wants that", despite everyone else agreeing that while it might not be a deal-breaker, it was pretty high on their list. But the marketing team of BMW knew more than everyone that they paid $100 each to trying to tell them otherwise.

[@richard--s]

Did they want to research what customers wanted - or did they want to have someone (maybe even an external person) to applaud on their old ideas for the future? Not sure, based on your description...

[@frederickfaller899]

@@richard--shaha

[@frederickfaller899]

Ha ha

[@stevehayward1854]

Nothing has been learned from Kodak, VW and the rest of the legacy guys will soon have their Kodak moment

[@yourcrazybear]

"Nothing has been learned from Kodak, VW and the rest of the legacy guys will soon have their Kodak moment" Yeah.

[@stefanpredl6849]

This is already the Kodak moment

[@InformedKiwi]

VW group makes a lot of their profit in China. But the Chinese market is collapsing for VW. That is only going to get a lot worse.

[@4literv6]

New numbers from China says the none chinese lagacy ice oems went from 53% market share in China to end 2021-33% to end 2023. And under 28% ytd in 2024. The game is afoot! And those crafty Chinese played go while the lagacy ice makers played simple checkers. 🤔

[@EnriqueAThieleSolivan]

True.

[@sylvestertomcat8988]

WOB never asked Chinese customer for their wishes. WOB decided what Chinese HAS TO buy. And now those Chinese „decide different”? Why? 😢😂😂😂

[@markplott4820]

CHYNA went from 300,000 OEMs in 1990's to 1000+ in 2009.

[@NetiYeti]

Volkswagen has a bad case of E.D. - Electrile Dysfunction.

[@frederickfaller899]

Haha

[@Suburp212]

🍌

[@PaleBlueDotCitizen]

Right off the bat, no carmaker with middlemen can possibly compete with Tesla's direct online sales model. There is literally NOTHING any automaker with dealers can do to compete with Tesla regardless of how good their cars ever are.

[@sylvestertomcat8988]

WOB-worker get 33% discount. So, at least their cars are 33% too expensive. 😮😢😢

[@NotNowLater]

VW's Trinity Platform at this rate will never happen.

[@4literv6]

Firing diess and cancelling the new ev only plant that he said after touring teratx with Elon was essential to vags ev competition with tesla&china. Well it ensured that outcome would arrive and announced vags impending death under bloom! Hey he'll at least get to oversea it's death bloom right? I bet they fire him next year and hire someone new who will lie lie lie and deny obfuscate vags impending doom all the way into ground zero. Just peep their debts, vs assets, Altman z score and bond ratings. 😂👍🏻

[@sylvestertomcat8988]

maybe - AFTER their bankruptcy 😢

[@LAURABOHDAN]

Maybe VW should build an automobile impervious to being hacked. No chips, computers or other technical parts. Its engine could be air/cooled and placed over the drive wheels and it could have a fronk. Love Laura

[@yourcrazybear]

"Maybe VW should build an automobile impervious to being hacked. No chips, computers or other technical parts. Its engine could be air/cooled and placed over the drive wheels and it could have a fronk. " You can't build electric cars without "chips, computers or other technical parts".

[@loucatozzi7656]

Aww. Now there's an idea ahead of its time!😀

[@devonbikefilms]

It's not just the cars, this is the great accountancy lie that you can run at high debt levels to appear to make more money, until you're being disrupted, then you've no room to move and change.

[@dougm659]

VW hasn’t got 12 years to make itself relevant….that is a blatant admission of defeat! I’m so glad I’m not a stockholder or an employee, this is going to be one huge bloodbath!

[@kerrybroome9318]

“Hubris” is the word I think you were searching for. BYD is ending legacy auto. Tesla will end BYD. I love when a plan comes together. Lmao.

[@4literv6]

Man who saw byd as the 3rd largest automotive seller globally last month already? Sitting in 8th place overall ytd. And tesla is in 13th place globally in total sales now knocking on bmw&merc back doors. 👍🏻😀 Even 2 years ago who would've said 1 pure ev oem and 1 Chinese ev&phev oem would both be inside the top 15 largest vehicle manufacturer's.

[@stennordenmalm9900]

Do you have Internet?? Get some basic facts about EV sales numbers. (Ooh, I see, you have a lot of Tesla stock, sorry

[@TomasitsAkos]

Hm, Herbert Diess was right, maybe?

[@yourcrazybear]

Volkswagen's biggest mistake getting rid of him.

[@sylvestertomcat8988]

@@yourcrazybearand Dr. Herbert knows and knew that.

[@ernestgalvan9037]

…no “maybe’s” about it. Diess was absolutely right.

[@frederickfaller899]

@@ernestgalvan9037. Elon told hie

[@GrigoriZhukov]

Is it me or has vw lost that mentality of the 50's and 60's where it was simple effective and easy to fix... because even grandmothers could rebuild tthe drive train in the drive way.

[@yourcrazybear]

"Is it me or has vw lost that mentality of the 50's and 60's where it was simple effective and easy to fix... because even grandmothers could rebuild tthe drive train in the drive way." Cars are not simple anymore.

[@ScottRawdin]

Lars, another excellent program. This time the old VW bites the dust. I wonder why ?

[@DevinFraze]

One of my favorite videos you've ever made! Super great script and examples!

[@Dogman3690]

EV Lars ✔️🖖🌎Vs just can't understand the ice age is over you screwed your selfs no one to blame but your blind ice vision for the future!

[@richardgreen8003]

I agree with your culture analysis. But you need to keep in mind that China set policies in motion to eliminate ICE vehicles by the end of 2025. You can't even sell ice in the China market. These have no residual value and won't be allowed on city streets in the near future. Probably 2030 or 2033 no ice in China. The CCP can and does mandate everything. Clearly, everyone outside of China is at a disadvantage in the EV market. The US auto market is bound by outdated dealership model that is not effective for the EV market. Only Tesla will survive. Ford needs to dump it's ice into a separate company from it's EV company and the EV company abandon the dealership model. If not, Ford will go bankrupt along with GM and Stellantis. No ice car business models will be around that much longer.

[@yourcrazybear]

Yeah. Legacy auto is in deep trouble.

[@sylvestertomcat8988]

Chinese are smarter.

[@wolfgangscholtes113]

R.I.P. VW.

[@farmerpete6274]

Lars, thanks for the update with your local knowlwdge - appreciated.

[@rickmasters418]

Another well informed video. Watch your channel religiously. Thanks.

[@Suburp212]

I love the ID Buzz. They just cost about four tikes too much to be affordable to normal people.

[@Suburp212]

Cars cost 10x of what they could cost without these overly expensive executive at the big car manufacturers.

[@FrunkensteinVonZipperneck]

5:25 to 5:30) Listen to that 5-second clip to read how Closed Captions printed Lars saying, "Volkswagen"

[@farmerpete6274]

Brilliant! Well spotted. Reminds me of the old joke about an old series of Smirnoff Vodka advs here in the UK - "I thought Nanking was a town in China, until I discovered Smirnoff Vodka'

[@Suburp212]

Reduce car prices by 90% and your problems will be gone, VW.

[@jeanneharriman2869]

Blessings from Kalispell Montana USA

[@neohimself]

3:35 great statement: "What happened? Nothing! -Well, thats not entirely true, they fired Herbert Diess." 😂 awesome

[@sylvestertomcat8988]

NO 👍 to the comment - as I disagree and dislike the fact that… 😂

[@_electricvehicle]

Volkswagen is still going ahead with its gigafactory in St. Thomas, Ontario, Canada - last time I checked.

[@mikafiltenborg7572]

VWho?

[@lincolnteh267]

How can companies continue to operate with more than a 100B debt if not for heavy support and subsidies from their gov or dark deals. Toyota and all legacy autos included.

[@sylvestertomcat8988]

>200B

[@SparkySho]

Change @ 9 : 3 0 “ if ya don’t like change ur gonna hate extinction “ - FRED SMITH FED EX

[@11lga]

Nothing is too big to change!!: everything is exactly how it should be

[@stevelevine1868]

As Kodak went so does VW.

[@markplott4820]

Lars - LOVED False Wagon......👍

[@ymalik9813]

The C suite of these companies and the board all belong in prison for destruction of the share holder value this is going to impact millions of families in Germany, Japan and USA all due to incompetent management without vision or understanding of what the consumer wants

[@EnriqueAThieleSolivan]

True. They become too big, too arrogant, and never learned how to manage debt.

[@sylvestertomcat8988]

the WOB-board decided: No more daily, fresh fruit-plate to the board-member! as a hart cost-cut / savings! 😢

[@sylvestertomcat8988]

no joke 😮

[@joansparky4439]

shareholders want dividends & stock-buybacks.. dividends & capital that are not available to REINVEST into the company, to pay for R&D. Companies that doe not generate profit are not viable. All the CEO's, the board, etc.. they all are BY LAW responsible for making profits, not for rolling capital back into the company. *This is PRIMARILY the FAULT of the shareholders due to how our currencies function.*

[@AlternativPerspectiv]

Nice to hear VW is in trouble. Now, I want to see if the government will, or will NOT give it subsidies (bailout) to help the German auto industry survive. When they do, I have one question: I thought you said subsidies are bad, what changed?

[@GrigoriZhukov]

Just my uninformed thoughts, but i find VW and Toyota are too big to chang, much less save. There are others I won't mention.

[@yourcrazybear]

"Just my uninformed thoughts, but i find VW and Toyota are too big to chang, much less save. There are others I won't mention." Yeah. They are in deep trouble for sure.

[@frederickfaller899]

GM. Haha

[@Grokit-br7np]

Maybe all those who set fires to Tesla are suffering from Karma?

[@michaelmische1433]

I'm from lower saxony and was proud of Volkswagen with the new ID platform. Pity it got cancelled.

[@simonoakley5102]

This is why it needs to be our choice electric or petrol can see tons off jobs being lost

[@0ooTheMAXXoo0]

Demand for EVs is happening a lot sooner than any laws are forcing...

[@aviation1540]

Sound's like the SAME issue's plaguing GM and FORD, they will ALL go down in ASHES without the needed change's. Just think of all the auto worker's in Europe and America who will loose their job's due to stubborn and arrogant companies. SAD

[@brembodream]

Postpone 7 years is same as not at all, if not the government sponser the whole transistion.

[@shepherdsknoll]

Herbert tried to tell them.

[@roxter299roxter7]

VW was hoping that Tesla would go bankrupt before they had to make a viable electric car.

[@FrunkensteinVonZipperneck]

Just like the dozen other LEGAs who tried to sabotage Tesla charging standard. Who won that?

[@frederickfaller899]

How did that work out?? Better luck next time. Haha

[@fritzeder1847]

Nokia also tried retro. On flee markets original Nokias are less than € 10.- Retro has a tiny clients group

[@paulmcgraw9284]

So sad. My first 3 cars were VWs. I loved them all. However over the years, they became less and less reliable, so much so that I traded in my 3rd VW with just 47,000 miles. Now their EVs are good looking but again their software is terrible and the ID BUZZ is too expensive and has lousy range. They need to hire back Dietz and FIRE the whole management team or they will not survive.

[@_different_things_]

Hubris, not hybris, it was a typo in the tweet xd

[@taeyoungsin]

Chinese cars are the "affordable" Vehicles.

[@hanswitvliet8188]

Ahh. That’s the new name for their latest (last?) vehicle: “VW Crisis”

[@sylvestertomcat8988]

WOB bailout will cost NOT 5-10 Mrd. €. It will be between 200-400 Mrd. - too much for the Germans 😢😂😂😂

[@McClarinJ]

That "hybris" is a typo and should be "hubris".

[@alastairhatt360]

These boards of directors are probably all over 70 years old and stuck in there ways. Think they are invincible and just looking after themselves and there bonuses until it all falls apart. The workers will be the biggest losers here as always. Management does not care about the people just themselves.

[@willeisinga2089]

We go diesel to save VW. 😂😂😂

[@digitalplayland]

Time for the German car industry dragon to wake up.

[@sylvestertomcat8988]

too late ⏰

[@gonzooxx]

As we say in Denmark, 'too many cooks spoil the food', hope it will all be good in the end.

[@waynerussell6401]

Swedish chef says "Børk! Børk!" (Although the letter "ø" does not exist in Swedish-it is Danish/Norwegian) (( transitive verb. US politics, informal : to attack or defeat unfairly through an organized campaign of harsh public criticism or vilification)).

[@biovmr]

So it begins....

[@1nyga]

Maybe the Chinese car companies will save the European industry? Buying the brand names and inputting Chinese design and tech. No tariffs when it’s built in Europe. G.M could end up in same boat.

[@RagnarinVa]

VW is too large to react. In fact, I think Rivian has a more positive outlook than VW. They have been able to adapt and pivot relatively quickly.

[@NiejakiDD]

They could setup a startup for engineering and manufacturing EV cars only, like Tesla. While parent VW company could continue with ICE cars only. This could solve some of their problems, though they would have hard time to rivalring Tesla anyway. Tesla is a revolution in every aspects of EV car design, engineering, manufacturing and even the sale. But there is also another issue - rapid rise of Chinese producers. The Chinese setup excellent organization of their manufacturing. They built mighty network of their own parts providers, world class vertical integration, and have world class manufacturing efficiency. The legacy producers will have to make a lot room for the Chinese rivals - no matter if Tesla is counted in or not.

[@waynerussell6401]

Not world class efficiency in auto manufacture. There is a huge difference in manufacturing quality. Tesla are way ahead of least faults per 100k and BYD at the bottom (12365Auto). Tesla's profit per employee is also much higher at $4,916 (Autoline).

[@Sooraj09073]

If they could reduce 5000 dollar across the ev range that will be a game changer. They are loosing sales to tesla and other evs for this 5000 dollar.

[@dyemanoz]

VW’s financial state (debt) is largely due to it taking the fall for Mercedes and BMW in dieselgate.

[@FrunkensteinVonZipperneck]

$33Billion, yes. But VW had been ramping debt over $200Billion, while spending $0 on research and ignoring North America - a 16Million annual car market. Cray, with a Capital Zee!

[@davethefab6339]

This sounds like what our new prime minister is doing to the UK.

[@sailingonasummerbreeze7892]

Need to be agile, nimble, adjust quickly to ever changing product demands. I think their governing structure will make that very difficult. But, as Lar's mentioned - too big to fail? I think their gov. will bail them out if they ever did hit bankruptcy. We have precedent here in the US with GM and the former Chrysler companies.

[@yourcrazybear]

Yeah. With short sighted owners you get short sighted decisions.

[@sylvestertomcat8988]

too expensive this time 😮😢

[@ElMistroFeroz]

So since they're so far behind, it's in their best interest to buy some politicians to suppress their competition. Imagine that.

[@frederickfaller899]

Just like America

[@mikafiltenborg7572]

Where is Herbert Diess? 😄

[@yourcrazybear]

😁

[@aeromtb2468]

laughing at the idiots from his retirement.

[@waynerussell6401]

Dec 2022 appointed as chairman of the chipmaker Infineon.

[@sylvestertomcat8988]

he is the „killed messager” - killed earlier - as the rich (/now poor!) owner of WOB judged him.

[@CarloHerrmann]

Are those AI generated graphics on your cover page? Looks too lipstick 0:01 to be real .. looks fake !!😢 In any case thanks Lars. You are always one of my favorite channels. 🎶🌈👍🌈

[@jorgekumagai2672]

The times have changed and these are different times. The world we knew has changed and it will never be the same again.

[@mikemulrooney4824]

Good vid

[@KnowNotNo_I]

I have a new crush: (5:49) Elisabeth Behrmann❤ So what’s the deal on Quantumscape (solid state battery) backed by Volkswagen? I’m guessing they’re not looking as hopeful now? VW bus missed the boat too from not sticking to the prototype look. Woof! It’s lookin’ very doggish…

[@fredhearty1762]

Lose a million sales here and there... and it soon adds up to a real problem. Too little, too late VW. Where are the sales coming from to support that $200 Billion debt?

[@mensch45]

i wanna get the elisabeth berhman zipper shirt!!

[@talpolano4549]

GoodBYE NOKIAs! 3:)

[@paultaylor765]

I wouldn't call a bloodbath but a slow bleed over the last couple of years.

[@sylvestertomcat8988]

a „couple” is 2?

[@jtkstudios4168]

Looks like another Kodak story only this time it's bigger and more painful to watch

[@LarryH49]

I wonder if Herbert Diess could get employment somewhere else.

[@waynerussell6401]

Dec 2022 appointed as chairman of the chipmaker Infineon.

[@patmcdaniel2016]

If you can not read the writing on the wall.......

[@markplott4820]

Yak, Deculture !!!!!!

[@40watt_club]

Germany naad VW is very good in doing unsustainable things since Merkels government ... well, I left this country in 1990 .. never regretted a single day. VW and Germany just get what they deserve.

[@traceykaminsky6857]

Love the channel. Just a friendly thought, as viewers are impatient, it may be a good idea to abbreviate the intro and music. All the best.

[@catbert7]

5:55: Was this woman dressed by two-face? Holy… 😳