/ Industry, News, Technology, Volkswagen / VW’s “new age” platform could slow down profits

VW’s “new age” platform could slow down profits

Linked In Share
VW’s “new age” platform could slow down profits

Analysts think VW has a new challenge ahead, because the platform the Germans spent six years in development may not be functioning according to plan.

Seen as a highly adaptable vehicle platform, the “MQB”, VW also heralded it last year as the dawn of a new era for car production. But, according to analysts, it’s weighing heavy on profits and its eventual savings could prove less than the ambitious initial targets.

A German acronym for “modular transverse matrix”, MQB enables VW to design, develop and build all the small and medium front-wheel-drive models of its four biggest car brands on a single platform, for a total of as many as 4 million units anually, including the Golf and Audi A3.

“It’s more likely that VW has a cost problem on MQB,” said London-based Bernstein analyst Abbas Quettawala.”MQB is overhyped,” he further commented.

“Maybe VW fell victim to the old disease of changing too many things with MQB and is building the cars in a too expensive way,” added Frankfurt-based Bankhaus Metzler analyst Juergen Pieper.

None the less, the costs of the engineering restructuring are now close to outrunning the benefits at a time when Europe’s largest automaker, mulling huge growth overseas, is also ready to introduce new cost cutting strategies to overcome weak demand in its home region.

Via Reuters

 

by Aurel Niculescu (my Google+) - Tuesday, October 29th, 2013 - filed under Industry, News, Technology, Volkswagen. Image credit: .
Linked In Share
Related Articles
costs mqb platform savings vw


Discuss: VW’s “new age” platform could slow down profits

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Recall roundup: GM CNG vans
Recall roundup: GM CNG vansThe North American based automotive giant General Motors has recently issued yet another recall, this time for its compressed ...
Lotus in deep trouble, cuts huge chunk of workforce
Lotus in deep trouble, cuts huge chunk of workforceThe Group Lotus Plc, a well-known British exotic sports car manufacturer, has announced it would move to fire up to 27% of its ...
Lamborghini Huracan debuts in Australia
Lamborghini Huracan debuts in AustraliaThe brand new Lamborghini Huracan has recently made its debut in Australia where the model in question will be soon available for ...
Recall roundup: Toyota vehicles for fire risk
Recall roundup: Toyota vehicles for fire riskThe Japanese based automaker Toyota has recently issued a recall for several of its vehicles because of a possible fire ...
Renault Megane Coupe Cabrio arrives in Australia
Renault Megane Coupe Cabrio arrives in AustraliaRenault has recently introduced the facelifted version of the Megane Coupe Cabriolet in Australia, where the model can be yours ...
Report – Fisker Karma to be offered unchanged by China’s Wanxiang
Report – Fisker Karma to be offered unchanged by China’s WanxiangFisker Automotive could have become an equally successful story if it followed the progress of Tesla Motors, but the electric car ...
[VIDEO] VW Beetle GRC gets new promo
[VIDEO] VW Beetle GRC gets new promoVolkswagen has recently released a new promotional video for the impressive Beetle GRC, in which the model is shown in action and ...
Fiat Chrysler Automobiles finds its London headquarters
Fiat Chrysler Automobiles finds its London headquartersThe newly established Fiat Chrysler Automobiles NV has found the location for its global offices – in London’s West End, the ...
It’s official – Mercedes-Benz C63 AMG successor to get 4.0L V8
It’s official – Mercedes-Benz C63 AMG successor to get 4.0L V8Mercedes-Benz has finally announced its plans of offering the successor of the C63 AMG with the newly introduced 4.0 liter V8 ...
[VIDEO] Audi RS3 Sportback spied on the Ring
[VIDEO] Audi RS3 Sportback spied on the RingA prototype version of the upcoming Audi RS3 Sportback has been recently spotted while being tested out on the Nurburgring. The ...
Germany: VW workers mull increase above inflation of salaries
Germany: VW workers mull increase above inflation of salariesEurope’s largest automotive market is also home to some of the most important carmakers in the world. The highly regulated ...
[VIDEO] See five Aston Martin One-77s at Spa Francorchamps
[VIDEO] See five Aston Martin One-77s at Spa FrancorchampsNo one but five units of the impressive Aston Martin One-77 have been recently filmed while having some track time on the famous ...
Range Rover Evoque SW1 announced for Paris
Range Rover Evoque SW1 announced for ParisLand Rover will be officially presenting, to the public attending the 2014 Paris Motor Show, the new Range Rover Evoque SW1 ...
Kia models announced for Paris
Kia models announced for ParisKia has officially announced its plans to introduce several models at the upcoming 2014 Paris Motor Show. The South Korean based ...
Mercedes fights hackers through cloud computing
Mercedes fights hackers through cloud computingJust as the world’s automotive industry is preparing the next leap forward, numerous experts have issued warnings towards the ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

Volkswagen Beetle GRC 1
Range Rover Evoque SW1 1
kia vehicles paris motor show 1
Scion x Riley Hawk Skate Tour xB
Volvo XC90 R-Design 1
fiat 500x leaked 1
Black Ferrari LaFerrari for sale 1
bmw 5-series 1
Opel Adam S 1
Citroen C4 Cactus AIRFLOW 2L Concept 1
dacia dokker lodgy stepway 1
Mercedes-Benz V250 BlueTEC 4Matic 1

More automotive from inautonews
The North American based automotive giant General Motors has recently issued yet another recall, this time for its compressed natural gas powered vans, due to a potential fire risk. If you though that you haven’t seen the words “General Motors” and “recall” in the same sentence for quite ...
read more
Inautonews Editors Section
Top 10 Ferrari F1 drivers No.1 Michael Schumacher
Top 10 Ferrari F1 drivers No.1 Michael SchumacherThe greatest driver of the modern age and perhaps the most complete off all-time he rewrote all the conceivable records in such a dominant fashion ...
Can Ricciardo do a Prost ’86?
Can Ricciardo do a Prost ’86?For the third time this season, Mercedes faltered in their 1988-esque campaign and there’s only one man ready to pounce whenever opportunities ...
Test Drive – Mercedes-Benz E250 CDI 4Matic
Test Drive – Mercedes-Benz E250 CDI 4MaticDaimler’s passenger cars division – which consists of the Mercedes-Benz and Smart brands – has vowed to recover the distance from its German ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Recall roundup: GM CNG vansThe North American based automotive giant General Motors has recently issued yet another recall, ... Recall roundup: Toyota vehicles for fire riskThe Japanese based automaker Toyota has recently issued a recall for several of its vehicles ...
Safety Section