Tag Archives: automotive news

First Drive – 2014 Lexus IS Sedan

Unlike earlier electronic traction, anti-lock braking, yaw control and computerized damping systems, the latest ones are slickly integrated and even predictive, instead of slowly reactive. The upshot is a fully electronic car that is capable of driving at the limits all the time. These systems are now capable of producing faster lap times than professional racing drivers can without them, and the IS system is state of this dark electronic art. Continue reading

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North Carolina Man Charged in Odometer Fraud Scheme

The United States charged Francis Marimo, of Raleigh, NC with two counts of odometer tampering, according to the Department of Justice statement released today. The charges were filed in U.S. District Court for the Eastern District of North Carolina on 10 April 2013, alleging that from 2008 through 2012, Marimo fraudulently caused odometers in used motor vehicles to be altered to reflect false, low mileages. Continue reading

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Ford Motor to Pay Q2 Dividend of $0.10 Per Share

Ford Motor Company today declared Q2 dividend of $0.10 per share on the company’s outstanding preferred Class B and common stock. This is the same dividend paid in the first quarter of 2013, and twice the amount paid in Q2 last year. The second quarter dividend is payable on June 3, 2013 to shareholders of record on May 3, 2013. Continue reading

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New Steel Alloys can Outperform Aluminum and Carbon fiber

Part of the steel industry’s problem, aside from the overall lack of interest among technically illiterate consumers, is regulatory. While the Obama Administration is in the process of implementing the most stringent emissions and fuel economy standards in history, the Environmental Protection Agency only looks at a crude mile per gallon rating that does not take into effect the energy used and greenhouse gas emissions that result during the creation of the 10,000 or more components that comprise an automobile. Continue reading

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Takata Airbag Recall on 3.3 Million BMW, Honda, Mazda, Nissan and Toyota Cars

While an airbag is a safety device, its explosion if not properly controlled can be deadly. Japanese supplier Takata is recalling more than 3 million vehicles globally because its airbags when deployed can send metal fragments – shrapnel – into a car’s interior striking and potentially seriously injuring the passenger seat occupant or other occupants. Continue reading

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