Saturday, December 21, 2024

Volkswagen in crisis – now these cars are getting more expensive

To get through a debt of more than DKK 3,200 billion in one piece, Volkswagen is now, among other things, raising the price of a number of cars in Germany.

They owe more than DKK 3,200 billion. The finance director estimates that there are two – perhaps three years – to rectify. So now certain cars are becoming more expensive.

It is the consequence of the economic crisis that the Volkswagen top management has already admitted that the brand is in the middle of.

More funds are needed to rectify the situation in Wolfsburg. But one of the quickest and most immediate is to raise prices. So it's happening now. At least at home in Germany.

Here, the prices of those of the brand's cars that come with internal combustion engines are rising. So on diesel or petrol.

READ ALSO: These electric cars cannot be charged above 25 percent, says researcher

It is written by kfz-betrieb .

According to the media, prices will rise by up to 4.2 percent. The most expensive will be the current Golf, which with a price increase of just 4.2 percent now costs from 28,330 euros. A price increase of 1,150 euros.

The information has kfz-betrieb from a leaked letter about the price increases that Volkswagen has sent out to its dealers in Germany.

The only model that is exempt from price increases is the Polo. It cost Volkswagen's decision 19,835 euros, which it still does.

Volkswagen's savings plan does not only consist of more expensive petrol and diesel cars. According to Handelsblatt, VW must find savings for a total of four billion euros. This corresponds to 29.85 billion Danish kroner.

It is not known whether the prices of Volkswagen cars with internal combustion engines will also rise in other markets – including the Danish market. But Boosted follows suit.

Volkswagen is not the only one that needs to save at the moment. Several companies in the automotive industry are facing huge savings plans.

A factory in Sweden, which manufactures electric car batteries, had to announce this week that layoffs and partial factory closure cannot be avoided. It happens i.a. after the loss of a contract with BMW worth DKK 14 billion. Read more about it here .

Read more exciting news from and about the world of cars right here!

Latest

Don't miss

People are turning a blind eye to electric cars, says car executive

Billionaire Mats Qviberg is the chairman of Sweden's second-largest...

Huge celebrity modified car to fit in it

Basketball star Shaquille O'Neal has problems with his height....

Kevin Magnussen has rejected offers from Formula 1 teams

Today, Kevin Magnussen should have said yes. But in...

Valid from January 1, 2025 – all car taxes will increase again

From January 1, 2025, all Danish drivers will once...

Sales plummet – Porsche lays off one in three

Porsche sales in China are in free fall. In...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Inspectors sound the alarm – find the same fault on every fourth car

The Swedish chain of inspection centers Bilprovningen is now sounding the alarm because inspectors find the same defect on every fourth car. The Danish...

Saab says no – will never be a car brand again

Industrial giant Saab AB, which owns the rights to the name Saab Automobile, is not interested in releasing the license for 'the world's most...

France drops state support for small electric cars – can't afford it

In a somewhat bizarre political move, the French government has decided to drop all state support for electric motorcycles and small electric cars like...

Calls electric car life-threatening – MG4 involved in serious accident

Several owners are calling the electronic stability program (ESC) in the Chinese MG4 life-threatening. And now a serious accident has occurred in Sweden. According...

Bankrupt Fisker has sold more electric cars than Volkswagen

There's no avoiding a bizarre dispute on official sales lists in the US - bankrupt Fisker Inc. has sold more electric cars than Volkswagen....

The crisis is total – Volkswagen fires 35,000 employees

That's not happening right now. But by 35,000, Volkswagen will have laid off 35,000 employees and closed several factories. The settlement was reached on...

New test: The electric car is poor in cold weather

The electric car is not the solution for everyone. And now a new Swedish test shows that the technology falls short when it gets...

Stockholm banned from introducing the world's strictest environmental zone

While all municipalities in Denmark have been allowed to introduce zero-emission zones from the New Year, the city government in Sweden's capital Stockholm is...

Porsche sounds the alarm – 8,000 employees' jobs are at risk

The Volkswagen Group's crisis has reached Porsche, with the brand recently announcing that it may be forced to lay off 8,000 employees. At Porsche,...

BMW owner with illegal Christmas decorations escaped huge fine

An older BMW was clearly illegal when the police spotted it on the highway. Yet the owner got away with a raised index finger....

Huge charging operator bankrupt – owes over 100 million kroner

On Wednesday this week, a restructuring plan was rejected, and on Thursday, charging station operator Eways decided to throw in the towel. The bankruptcy...

Ford cheats – must recall 769,000 diesel cars

Ford has been caught cheating with a wide range of diesel engines spread across Europe, prompting the brand to recall 769,000 cars. Cheating with...
footer.txt Viser footer.txt.