AGAWAM, Mass. (WWLP/AP) – Volkswagen, the world’s top-selling car-maker, continues to deal with falling sales after they were found cheating on emissions testing.
Scrutiny of the European car maker has built up over the past month, as class action lawsuits from car owners are flooding in.
Scott Hauser, a mechanic at Parotta’s Auto Repair in Agawam said, “It’s going to take a little while but I think it’s going to bounce back I mean like if it’s anything like my father I mean he loved diesels all his life. And he put 500,000 miles on each one that he bought so it shouldn’t be a problem they just have to correct what they did.”
Kelly Blue Book says the average resale value of Volkswagens with two-liter diesel engines is down 13% since mid-September when the company admitted to cheating on emissions tests using software installed on 11 million vehicles worldwide. The price of gas powered VW’s dropped 2% in the same period. Used car values normally go down in the Fall, since demand for them is higher in the summer. But VW’s decline is unusually large, and people working in the automotive industry say it will take a lot for the company to gain drivers trust back. Volkswagen has set aside $7.3 billion to pay for the scandal.
Bruno Parotta, the owner of Parotta’s Auto Repair told 22News, “Volkswagen will recover. That’s a premium product and you know people will be fine with it, but you know they never forget you know. I remember when Cadillac made a couple mistakes you know people have a long memory with cars. They’re going to really have to earn this one.”
VW’s new CEO Matthias Mueller says a recall could begin in January if all goes as planned, and all cars should be fixed by the end of 2016. A software update is expected to fix the problem in most cases, but some vehicles could need new injectors and catalyzers.