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German new car sales drop 11 per cent – pre-reg accounts for 33.5 per cent

New car sales in Germany dropped by 11 per cent in September with pre-reg cars accounting for over a third of all sales. That drop of 11 per cent in Germany is despite deep discount offers – an average of 12.2 per cent in September – with even the previously invincible Mercedes and VW having to offer discounts of up to €3k, despite which VW’s sales fell by 20 per cent in Germany and Mercedes by 12 per cent. What’s perhaps most interesting about the decline in car sales in Germany is the number of pre-reg cars sold (pre reg cars are cars registered by dealers to hit sales targets and then sold at a discount of up to 25 per cent).

Porsche approves the Cajun, a junior 4x4

Porsche's supervisory board today confirmed it would build the Cajun, a junior SUV to slot beneath the Cayenne in its range. The announcement from Stuttgart confirmed the 'working name' Cajun and said the new model would increase growth. Critics will surely say that the Cajun represents yet another move away from Porsche's sports car roots, but don't forget the effect that Cayenne sales have had on the company's balance sheets.

Hyundai plans bigger V8 for Genesis, Equus

When the Hyundai Equus luxury sedan goes on sale this fall, it will be powered by the 4.6-liter Tau V8 from the Genesis sedan. But at an unspecified later date, both the Equus and Genesis sedans will get a new 5.0-liter version of the Tau engine making 429 hp and 376 lb-ft of torque. Hyundai also is working on all-wheel drive for its rear-wheel-drive cars, which is to say the Genesis and Equus, which ride on different versions of the same platform.