If one of Chinese President Xi Jinping's main goals in visiting the United States was to project power for the folks back home, he'd be hard pressed to find a better event than his first public meeting here Wednesday.
There he was, at the head of a bright hotel ballroom facing down 30 powerful chief executives, talking about his country's economy in glowing terms, downplaying the difficulties China poses to American industry — things like cyberstalking, a volatile stock market, onerous regulations.
Also read: Trade Fight With U.S. Complicates China’s Campaign to Contain Debt
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October 7, 2015 2:41 PM
I can't imagine what a VW that has had cost-cutting done on it would be like. Leaf springs and solid axles? They are unreliable now, how bad will they be if "value engineered"?!Exactly the wrong moves.
October 7, 2015 2:40 PM
600,000 emps worldwide, 300,000 in Germany? Doesn't GM have about 200,000 worldwide? VW seems like crazy high numbers. I see nothing good happening for VW in the US for years to come.
October 7, 2015 2:40 PM
What I don't understand is why it has to be crushing state or federal regs or we become India or China? Seems a bit dramatic to me.
October 7, 2015 2:40 PM
As a Porsche owner, I find that both distressing and funny.
October 7, 2015 2:39 PM
The scandal just shows that there is more hidden under the hood....I suggest WSJ visit VW owners and hear them out, my fear is that there may be safety related issues that will cause someone to loose their life.
October 7, 2015 2:38 PM
I certainly visualize Ducati being put on the block (again). They were just starting to make progress under the Audi ownership most evidenced by the Scrambler model and the new Monster version.
October 7, 2015 2:37 PM
Forget your rivals. You should care more about keeping your customers happy. They pay you how much?
October 7, 2015 2:37 PM
EPA hush money? I don't know.
October 7, 2015 2:36 PM
"Mr. Müller said the company’s priority now is getting to the bottom of the scandal."Translation: VW is trying to find more scapegoats.
October 7, 2015 2:36 PM
My bet is they all knew but let's see who gets the final or ultimate blame. Cost cuttings? Look out suppliers...
October 7, 2015 2:35 PM
How can we be sure that the other manufacturers are pulling the same tricks with *their* cars (meaning, hacking the emissions control systems) and simply have not yet been caught?
September 24, 2015 1:18 AM
This was organized by the Paulson Institute? By Hank Paulson, the man who brought us the 2008 crash? Time to be scared again. Say no to the TPP. Say no to Hank. He'll sell us out again.
September 24, 2015 1:18 AM
How nice. The Chinese president is in the state of Washington with some of the riches men in America discussing business that can affect the U.S. economy and jobs while President Obama is with Pope Francis taking photo op. I see where Obama's priority lies.