#Dieselgate: Volkswagen will recall 11 million diesel cars (eventually), makes you think it’s only 5 million

Volkswagen announced today the eventual recall of some 11 million diesel vehicles worldwide. If your car is fitted with an EA 189 EU5 diesel engine, you will have to see your dealer, eventually. Also, Volkswagen makes you think it’s only 5 million cars. But as a Dailykanban reader, you know better. [Continue Reading]

EU April new car registrations up 4.6 percent. The shift from premium to budget accelerates

smallest-car-florence-italy Pictuere courtesy mimiandcarl.com

New car sales in the EU were up a paltry 4.6 percent in April, as statistics by Europe’s manufacturer association ACEA show. (Full table here.) When sales were up 10.6 percent in March, this was widely feted as the long-sought turn-around. A month later, there is less reason for celebration. According to the ACEA, April’s “total of 1,089,226 units registered marked the third lowest result to date for a month of April since ACEA began the series in 2003 with the enlarged EU.” From such a low level, one would think that a real rebound shows a little more vigor. [Continue Reading]

Expectedly, Japan’s April car sales are down, but not as much as feared – yet. Tiny kei cars continue to grow

athonda_picture_courtesy_Bertel_Schmitt

Not to anyone’s big surprise, vehicle sales in Japan were down in April. Japan’s sales tax rate rose from 5% to 8% on April 1. In the months before, there was a run on big ticket items. Anyone considering the acquisition of a car did so in the first three months of the year, causing overall sales to rise nearly 21 percent in the first three months. Now for the post-party hangover: Overall registrations were down 5.5 percent in April, and that’s probably just the beginning. [Continue Reading]