If we know one thing is certain, it's that consumers can smell blood in the water. Events like the Volkswagen diesel debacle have happened before — maybe not as serious and on this sort of scale — and it always causes harm.
Some of it direct. Some of it indirect.
After doing some thinking around this, to the Agents there appears to be two significant areas that could potentially get hurt from a resale perspective. That would be German diesel vehicles as well as German autos, overall.
That's because the Bank of Trust is not very forgiving on its loans. Once you stop making deposits, you're cut off.
This means there will be a ripple effect from one automaker's error. We're just wondering who do YOU think will be harmed MORE by VW's fiasco: German diesels or German vehicles, in general?
Weigh in, below!