Volkswagen Won't Even Look at Its First-Quarter Earnings

Nope. Nuh-uh. Not gonna do it.

That was Volkswagen’s reaction to the idea of publishing its first-quarter results on time, according to Automotive News Europe, meaning the automaker’s current financial standing will be unknown until May 31.

The beleaguered company has bigger things to deal with in the near term — mainly, meeting the U.S. government’s April 21 deadline for a fix for vehicles caught up in the diesel emissions scandal. An April 21 deadline was issued last month by U.S. District Judge Charles Breyer, extending a missed deadline on a one-time-only basis.

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Volkswagen Sued by Dealer Group, Non-VW Diesel Producers Breath Sigh of Relief in Europe

The Napleton Automotive Group of Illinois tread a well-worn path to its lawyers yesterday, this time filing a suit against Volkswagen for damaging its business model.

Three Volkswagen dealerships owned by Napelton filed the suit, which seeks class-action status, alleging the automaker’s diesel emissions scandal amounts to “criminal racketeering,” Automotive News has reported.

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Volkswagen Prepares Its Pollution Penance

After its excessively dirty diesels polluted the nation’s air for years, Volkswagen is on the verge of making environmental reparations in the U.S. and state of California, Bloomberg reports.

The automaker is reportedly in talks with U.S authorities to create two remediation funds aimed at offsetting some of the environmental (and possibly legal) damage resulting from the diesel emissions scandal.

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Piston Slap: of Lemons and VW GTIs

Paul writes:

Good Morning Sajeev,

Today is my 2010 GTI’s 15th day in the shop (shocking, right?). Earlier this month it was in for 13 days, I had it back for 6, and I dropped it back off two days ago. The issue is somewhat strange, but in my mind, easily fixable. I have been getting CEL 2294 and when I run my own VCDS scans, I have been getting the following logs (edited down).

  • 004501 – Fuel Pressure Regulator Valve (N276)
  • P1195 – 000 – Open or Short to Ground – Intermittent
  • 008852 – Fuel Pressure Regulator Valve (N276)
  • P2294 – 000 – Open Circuit – Intermittent
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Piston Slap: Throwing (Ignition) Parts at a (Fuel) Problem?

Chris writes:

Hey Sajeev,

Long time lurker here. Since you asked so nice, here’s a problem that I haven’t managed to troubleshoot myself, and so far my own searches & forum postings haven’t nailed an answer. My girlfriend drives a 99 Mazda Protégé. If driven for an extremely short distance (like from the street into the garage), it will not start the next morning. It turns over just fine, but doesn’t catch.

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  • Lou_BC I read an interesting post by a master engine builder. He's having a hard time finding quality parts anywhere. The other issue is most young men don't want to learn the engine building trade. He's got so much work that he will now only work on engines his shop is restoring.
  • Tim Myers Can you tell me why in the world Mazda uses the ugliest colors on the MX5? I have a 2017 in Red and besides Black or White, the other colors are horrible for a sports car. I constantly hear this complaint. I wish someone would tell whoever makes theses decisions that they need a more sports car colors available. They’d probably sell a lot more of them. Just saying.
  • Dartman EBFlex will soon be able to buy his preferred brand!
  • Mebgardner I owned 4 different Z cars beginning with a 1970 model. I could already row'em before buying the first one. They were light, fast, well powered, RWD, good suspenders, and I loved working on them myself when needed. Affordable and great styling, too. On the flip side, parts were expensive and mostly only available in a dealers parts dept. I could live with those same attributes today, but those days are gone long gone. Safety Regulations and Import Regulations, while good things, will not allow for these car attributes at the price point I bought them at.I think I will go shop a GT-R.
  • Lou_BC Honda plans on investing 15 billion CAD. It appears that the Ontario government and Federal government will provide tax breaks and infrastructure upgrades to the tune of 5 billion CAD. This will cover all manufacturing including a battery plant. Honda feels they'll save 20% on production costs having it all localized and in house.As @ Analoggrotto pointed out, another brilliant TTAC press release.