News Summary: The latest VW news following the emissions scandal.
VW announces spending cuts
13th October 2015
Europe’s biggest carmaker the Volkswagen Group, has just announced €1bn (£750m) of spending cuts within its central VW division to fund a product overhaul following the emissions testing scandal, and create a new focus towards cleaner electric powered cars.
The chief executive of the VW brand Herbert Diess said he would overhaul the division’s strategy to concentrate on electric and hybrid vehicles, and revamp all diesel cars and vans to feature cleaner exhaust emissions systems.
Third of VW vehicles in the UK need significant repairs
12th October 2015
Head of Volkswagen UK operations advises that a third of VW vehicles in the UK will need significant hardware repairs which might not be completed until the end of 2016.
UK minister says VW deserves to suffer substantial losses
12th October 2015
Volkswagen deserves to suffer “substantial damage” because of the diesel emissions scandal that has affected 11 million vehicles worldwide, the British transport secretary Patrick McLoughlin told MPs at the Commons transport select committee.
Referring to VW’s use of adaptive emissions sensing software to cheat emissions tests, he said: “These devices were made illegal in 1998 and it is unbelievable to think a company the size and reputation of VW have been doing something like this. They are going to suffer very substantial damage as a result and they deserve to.”
VW to recall 1,950 vehicle in China
12th October 2015
Perhaps a lesser headache for Volkswagen, which has announced it would recall 1,950 vehicles in China to correct engine emissions software saying, ““Volkswagen would like to sincerely apologize for any inconvenience caused to our customers,” it said in a statement. “We would like to assure that we will do everything humanly possible to win back trust and take care of any concerns.”
The vehicles include 1,946 imported Tiguan compact sport-utility vehicles and four Passat models.
Leonardo DiCaprio to produce Volkswagen scandal film
13th October 2015
Leonardo DiCaprio is to produce a film about the Volkswagen emissions scandal. His own production company Appian Way and Paramount Pictures have bought the rights to an as-yet-unwritten book about the scandal, according to the Hollywood Reporter.
Thank you for reading this WAS Blog quickfire summary of the latest VW developments following the emissions scandal.
Image credit Doug Belshaw via Flickr.
Formula 1. The pinnacle of motor racing, and the showcase of the best drivers in the world, racing the best cars in the world. We decided to lightly delve into the world of F1 and begin delivering round by round reports of the action!
Some of us here in the office often talk about the racing events of the weekend, including the “goings on” in the world of F1! So we thought we’d start doing a little “round by round” summary of all the action, and maybe expand into the other racing spectacles in the near future including MotoGP, and the Isle Of Man TT which is presently underway as I type this!
F1 2015: Round 1 – Australia
Mercedes dominated the season opener by locking out the front row of the grid during qualifying, Lewis Hamilton took Pole position with Nico Rosberg over half a second down on his team mate in 2nd, and that’s pretty much how it stayed for the race.
Hamilton led all but one lap, which was when he completed his mandatory pit stop. The race finished with Hamilton in 1st place, and Rosberg in 2nd. Vettel, Massa, Nasr were 3rd, 4th, 5th respectively, and Riccardo passed the chequered flag a lap down in 6th place.
F1 2015: Round 2 – Malaysia
Tyres played a big part in round 2. In qualifying the top 2 places were held by Hamilton and Vettel respectively, however this would be reversed by the end of the race. Mercedes opted to use the harder, but ultimately slower of the 2 tyre compounds available for most of the race, only swapping to the softer compound for a short stint, Ferrari on the other hand opted to use the soft compound for the majority of the race which ultimately ensured that Vettel won comfortably from Hamilton in second, Rosberg, Raikkonen, Bottas and Massa rounded out the top 6.
F1 2015: Round 3 – China
Following an impressive performance in the previous round it was expected that Ferrari would bring to fight to Mercedes again in China, sadly the challenge did not materialise, as the practise sessions went by it transpired that Mercedes were getting on top of the tyre degradation issues that had dogged them in Malaysia.
Qualifying was a fairly predictable affair with Hamilton taking pole position from Rosberg, Vettel was 3rd almost a second slower than Hamilton.
Sadly the race was also a fairly predictable affair with Hamilton winning comfortably from Rosberg, the final gap was down to less than a second however Hamilton was easily in control, keeping Rosberg at arms length all race, only increasing his pace when necessary, Vettel came home in 3rd, Raikkonen, Massa and Bottas rounded out the top 6 once again.
F1 2015: Round 4 – Bahrain
Round 4 would once again see Hamilton in control, he took pole ahead of Vettel and Rosberg respectively during qualifying.
Sunday’s action was “as you were”. Hamilton took control winning the race comfortably. Raikkonen took second place after Rosberg ran wide after suffering a brake issue on the penultimate lap, Bottas, Vettel and Ricciardo rounded out the top 6.
F1 2015: Round 5 – Spain
Round 5 would see a slight change in qualifying with Rosberg taking the pole on this occasion from Hamilton, sadly as is the case with F1 in the modern era the race would pan out in a predictable fashion, Rosberg taking the chequered flag from Hamilton, Vettel, Bottas, Raikkonen and Massa respectively.
F1 2015: Round 6 – Monaco
Mercedes locked out the front row of the grid in qualifying under the glamorous sunshine of Monaco. Hamilton taking pole from
Rosberg by a reasonable margin, the race however would prove to be somewhat controversial when after being in control for much of the race, Mercedes decided to pit Hamilton after a late safety car. This ensured that instead of Hamilton taking an almost certain win it was gifted to Rosberg, with Vettel picking up 2nd, Hamilton would come home in 3rd followed by Kvyat, Ricciardo and Raikkonen.
F1 2015: Round 7 – Canada
Race fans looking for excitement from round 7 of the championship were left disappointed. Canada did not deliver any real surprises. Qualifying followed the now familiar format of both Mercedes cars locking out the front row, Hamilton on pole with Rosberg second.
During the race, although I’m not sure “race” is an entirely accurate description but we’ll use it for now. During the race, Hamilton was in complete control as both leading cars were repeatedly told to ‘lift and coast’ to preserve fuel and brakes.
The race finished as predictably as it started with Hamilton taking a comfortable win, followed home by Rosberg, Bottas, Raikkonen, Vettel and Massa.
Excitement? Well a Groundhog wandered onto the track midway through the action causing Felipe Massa to deviate ever so slightly offline to avoid a collision. Quite ironic really given the plot of the famous Groundhog related film and the predictability of the current F1 format.
The next round of the F1 is the Austrian Grand Prix on June 21st, and we’ll include a race report in our next newsletter!
It’s almost Spring time everyone! A time of year for all things new, and positive forward thinking! This month of February also marks the 30th Birthday of Warranty Administration Services Ltd! Yes you are reading that correctly, today is the company’s 30th Birthday!
1984 to 2014. A period of time that has seen the company grow and evolve. We have welcomed new faces, and seen long-standing customer relationships blossom. We have moved premises and even locales in that time from the dizzy heights of Manchester, to the historic City of Lincoln which has been our home since 1989. As a company always dedicated to providing the latest and most up to date technologies for our customers, we have endured and survived the frustrations of early day computing! Some of us fondly remember the hardships of storing data on “analogue tape drives”, and waiting hours for reports to be processed on our Pentium 286s!
It’s been a long journey, and even though the company has changed in appearance, everything you see today has been built upon the success of products like the “self funded warranty” which we pioneered in 1984.
Yes, WAS has evolved over time, but the dedication, enthusiasm, and belief in our product solutions remains as strong as it did in those exciting infant years in the 80’s. This is a testament to the design, transparency, and simplicity of our product range which to this day, continues to bring success and profit to our friends across the motor trade.
Thank you for reading.
Delivering Used Car Dealer, Warranty & Motoring News.