Volkswagen Group Sales to Fall by 2-4 Percent by 2020

LONDON, Oct. 28, 2015 /PRNewswire/ --

Upcoming Free Webinar to Present:

- an understanding of the emission scandal
- an analysis of the financial implications of the scandal
- recommended next steps for the VW group as well as the industry 

Volkswagen's (VW) concession of corporate malfeasance in circumventing Environmental Protection Agency (EPA) testing in the U.S. has sent the global automotive industry into a tailspin. This webinar examines the fallout from the emission scandal and its impact on the Volkswagen group, as well as the wider automotive ecosystem.

"As an immediate impact of the scandal, Volkswagen Group sales are expected to fall by 2-4 percent by 2020," outlines Frost & Sullivan Automotive and Transportation Senior Research Analyst, Arun Chandranath. "There will be a significant push towards alternate powertrains from both the industry and the consumer. Hybrids will be the strongest benefactor segment, owing to their advantage of being independent from a charging infrastructure and the availability of strong products in the market today."

This webinar will benefit the entire automotive value chain including original equipment manufacturers (OEMs), Tier 1 and Tier 2 suppliers, financial service providers, regulatory bodies, independent testing organisations, technology solution providers, telematics providers and a whole host of industry participants looking to understand the current position of Volkswagen and the implications of the scandal.

"With the "clean diesel" image taking a hit, we expect a significant push towards alternate powertrains from both the industry and the consumer," notes Frost & Sullivan Program Manager, Shwetha Surender. "Globally harmonized test procedures will be a vital strategy to implement globalized test standards to ensure standardized emission and fuel testing for all OEMs and thus regain consumer trust."

Register:

To attend the webinar, email Katja Feick, Corporate Communications – [email protected] - your full name, job title, company name, company telephone number, and company email address, website, city, state and country.

Supporting Resources:

• For more information about Frost & Sullivan's Automotive & Transportation practice, please visit: http://ow.ly/TW72m.
• LinkedIn: The Future of Mobility

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Contact:
Katja Feick
Corporate Communications – Europe
P: +49 (0) 69 7703343
E: [email protected] 
http://www.frost.com 
www.twitter.com/FS_Automotive

SOURCE Frost & Sullivan