Volkswagen has had an awful 2015 from a multitude of perspectives.
The company is dealing with what may be considered one of the great automotive catastrophe's in recent years and the German brand is paying the piper for it. Sales are down, the company's brand equity may be permanently bruised and once loyal owners are PISSED.
But, this past week may have been a uplifting one as the company may have turned a corner in the dieselgate scandal. Of course you wouldn't know that though because the mainstream media just wants to hammer the hell out of the company and not report the FULL story.
The biggest news is that the number of affected vehicles was scaled down from a monumental 800,000 to 36,000 units. If this is a realistic figure, Volkswagen Auto Group's (VWAG) problem just got much smaller and more manageable.
Sales are remaining OK in China and Europe while other markets are getting battered.
Having said that, is VW starting to turn a corner or is the pain just starting to set in at one of the world's largest automakers?
There are small but positive signs that the Volkswagen Group is finally getting its act together.
Everything is relative, of course, but this feels like it has been quite a good week for the VW Group. So much so that I’m finally starting to believe the firm can begin the arduous and almost certainly long journey to redemption.
Firstly, the number of cars affected by the CO2 scandal reduced from a potential 800,000 to 36,000...
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