Find a page

No impact on used VW car prices
09 Oct 2015 17:05
The emissions-cheating scandal shaking Volkswagen has not affected the price of used VW diesel cars in Europe, a car valuation firm has said, while warning that could change later in the year.
Eurotax Glass's told Reuters news agency it had surveyed used car prices in 30 European countries and found that Volkswagen, Europe's largest carmaker which admitted in September it could have emissions-cheating software in up to 11 million vehicles, was not trailing the market significantly in any one.
The firm said, however, the limited impact was due to sellers of affected vehicles holding off from lowering prices, and instead preferring to delay sales in the hope the scandal would blow over.
"There is no evidence that used car prices are coming under pressure for the Volkswagen brand or for the Volkswagen group models," Christof Engelskirchen, the Swiss-based company's managing director said.
The survey, carried out between 17 September and 9 October, showed the price of used VW diesel cars in Germany fell by 1.5% against the market, but Mr Engelskirchen said this could be in line with daily volatility and not necessarily due to the scandal.

Where can I get RTÉ Aertel Digital?

RTÉ Aertel Digital is an enhanced digital version of the RTÉ Aertel teletext service. It functions in the same way as the analogue service, offering current news, sport and weather updates but is now more agile and easier to use.

RTÉ Aertel Digital is available on Saorview, the new free digital TV service in Ireland.
Press TEXT button on your remote to launch Aertel from RTÉ One, RTÉ Two, RTÉ News Now.