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It’s Not Over For Volkswagen; Deutsche Bank Downgrades ‘Polluted’ Stock – Benzinga.com 09-23-15

Salient to Investors:

Tim Rokossa at Deutsche Bank said:

  • Uncertainty related to Volkwagen’s emission scandal will persist and its impact poses even higher risks for VW’s future cash flows.
  • The history of recalls shows that the first ‘confessions’ are rarely the end of it.
  • Legal fees will be manageable as their effect is usually spread over several years.
  • More concerning is the impact on volumes, residual values, pricing and costs.

Read the full article at http://www.benzinga.com/analyst-ratings/analyst-color/15/09/5859512/its-not-over-for-volkswagen-deutsche-bank-downgrades-pol?utm_campaign=partner_feed&utm_source=marketwatch.com&utm_medium=partner_feed&utm_content=analyst_ratings_page

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