30 Dec '15, 7pm

Industry Analysts To VW: Sell Assets That Lose Money!

Industry Analysts To VW: Sell Assets That Lose Money!

Now that Volkswagen is looking at billions in fines and spending billions more fixing its diesel powered cars, many industry analysts are advising new Volkswagen CEO Matthias Mueller to follow the example of Alan Mullaly, who took over the reins at Ford Motor Company in 2006. Ford had engaged in a bit of corporate megalomania of its own, acquiring such iconic car companies as Jaguar, Land Rover, Aston Martin, and Volvo. Mullaly believed those trinkets on the corporate charm bracelet were distracting Ford management from its core business. He divested all of them from Ford’s portfolio and set about enhancing the Ford brand.

Full article: http://gas2.org/2015/12/30/industry-analysts-to-vw-sell-a...

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