VW Group – A Storm In A Teacup?

We've all seen a lot of media coverage about the 1.2 million Volkswagen/Audi/Seat/Skoda vehicles sold in the United Kingdom that are fitted with "defeat" software and the storm clouds are brewing. But the reality is that nobody quite knows what the consequences will be.

With the brand's reputation under threat, and consumers as well as dealers, financiers and others in the automotive supply chain all potentially suffering, all eyes are on VW to see how quickly, comprehensively and transparently it publishes its plans to appease all those affected.

However, there is a real possibility that the consequences of the scandal could be very far reaching indeed.

It is not yet clear whether other vehicle manufacturers may face similar problems.