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Someone is leaving anti-diesel flyers on Volkswagen TDIs in Portland

As if some Volkswagen TDI owners don't already feel bad enough, given the recent diesel scandal, someone is further shaming them. Flyers full of bad information are being left on TDI cars in eco-friendly Portland, OR. Portland-based sandwich joint Lardo posted a picture of the flyer to their Instagram account yesterday morning. Along with annoying font color changes, the flyer incorrectly states that the diesel car spews two to four times more pollutants than a Chevy Suburban. The author of the flyer also throws a Nazi mention in there for good measure, though they get the history wrong, too. Volkswagen wasn't founded by Nazis, though the Nazi government did create a nationalized car industry to build the 'People's Car', originally designed by Ferdinand Porsche. The factory ended up making war machines instead. Volkswagens weren't really produced until after the fall of the Nazis at the end of World War II. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Volkswagen outfitted their "clean" diesel cars with a device that would only limit emissions during testing. Once on the road, the car spewed 40 times more pollutants than it claimed. The automaker plans to 'refit' 11 million faulty vehicles. Today, the automaker launched a website dedicated to consumers unlucky enough to own the bum vehicles. Eco-warriors aren't the only ones leaving judgmental, passive-aggressive notes on cars. Like this incident in Portland, these notes often fall flat, like when this paralyzed man in Michigan parked in a handicap spot and was accused of stealing the spot simply because he drove his BMW to the gym.

If VW defaults on loans it may sell Bentley or Lamborghini

If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.

Chrysler and Fiat offering $1,000 rebates to VW owners as Marchionne gets tough

The throw-down between Fiat CEO Sergio Marchionne and Volkswagen has heated up in earnest. According to Bloomberg, Fiat and Chrysler are now offering current Volkswagen owners in the US $1,000 rebates to trade in their ride. It's the latest in a series of shots Marchionne has taken at his German rival. As you may recall, the Fiat executive entered into a spat with Volkwagen board chairman Ferdinand Piëch and CEO Martin Winterkorn in October after the duo called for Marchionne's resignation from presidency of the European Automotive Manufacturers Association (AECA). At the time, the Volkswagen executives were quoted as saying Fiat would not survive the European economic downturn.
In response, Marchionne called the German executives "reprehensible," and accused Volkswagen of using a pricing strategy that has created created a "bloodbath" in the EU. Volkswagen has taken to steep discounting to carve out ever-larger slices of market share in Europe, but the company has a much smaller foothold in the US. Marchionne may be trying to hit Volkswagen where the manufacturer is weakest with the new Fiat new incentive program.
Late last week, the Fiat executive was voted to a second term as ACEA president.