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Category Archives: fools ‘n frauds
Life Sentences for Maruti Suzuki Workers
The contentious case in India’s notoriously biased courts backed up by violent police forces that favor ownership and the rich, stems from a violent incident at Maruti Suzuki on 18 July 2012 that resulted in the death of a manager. Continue reading
Posted in fools 'n frauds, litigation, news analysis, people
Tagged autoinformed, autoinformed.com, india, Industrial, Ken Zino, Maruti Suzuki, worker rights
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Trump Lies – Healthcare Bill Boots 24m, Eventually Keeps 52m from Insurance Because of Tax Cuts for Favored Rich
Look at an analysis by the independent and widely respected Congressional Budget Office that was released his week, and promptly dismissed by Republicans as bogus. In the analysis, the highly respected, independent CBA says that 24 million people – mostly poor – will lose health service while giant, unimaginable tax cuts will go to the supper rich. Continue reading
Posted in AutoInformed Editorial, fools 'n frauds, news analysis
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Volkswagen Pleads Guilty on Felony Charges in Dieselgate
Volkswagen AG will plead guilty to three criminal felony counts and pay a $2.8 billion criminal penalty because of the company’s long-running Dieselgate caper that sold ~590,000 diesel vehicles in the U.S. using a defeat device to cheat on emissions tests. Continue reading
U.S. Court Grants $14.7 Billion Plea in VW Diesel Fraud Case. Criminal Charges, Fines, Stockholder Lawsuits Outstanding
U.S. District Judge Charles Breyer today approved a $14.7 billion partial Consent Decree plea deal between Volkswagen, the California Air Resources Board (CARB), the Environmental Protection Agency (EPA), the U.S. Department of Justice (US DOJ) and the U.S. Federal Trade … Continue reading
Posted in fools 'n frauds, fuel economy or emissions
Tagged autoinformed, autoinformed.com, carb, dirty diesels, epa, Ken Zino, NOx emissions, vw diesel fraud
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More Flood Cars Back in Use – Buyer Beware
“Flood cars are a buyer’s worst nightmare,” said Larry Gamache, communications director at Carfax. Continue reading
Posted in fools 'n frauds, news analysis
Tagged autoinformed, autoinformed.com, carfax, flood cars, global warming, Ken Zino
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Long-Time Volkswagen Engineer Pleads Guilty to Criminal Charges for Rigging Tests on Dirty Diesels
In the latest setback for beleaguered Volkswagen in the thus far un-ending Dieselgate scandal, a long-time employee – James Robert Liang – pled in the U.S. Eastern District Court of Michigan to criminal charges over his role in rigging results for at least 11 million diesels, thereby defrauding regulators. Continue reading
GM Recycles 2 Million Flint Water Bottles from Toxic Crisis
The Flint water crisis, of course, is a sordid chapter in the questionable record of the two-term Republican governor Rick Snyder. General Motors acted disgracefully as well, and was in the middle of it and participated in the coverup of the toxic water supply. Continue reading
Judge Issues Initial OK of VW Dirty Diesel Settlement
Under the proposed settlement, eligible customers have two choices: (1) they can sell back their vehicle to Volkswagen or terminate their lease without an early termination penalty, or, (2) keep their vehicle and receive a free emissions modification, if approved. Continue reading
Posted in environment, fools 'n frauds, litigation
Tagged autoinformed, autoinformed.com, Ken Zino, vw diesel scandal
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Two Florida Men Guilty in Multi-State Biodiesel Fraud
The co-conspirators received at least $42 million from the sale of these RINs to third parties, and $4,360,724.50 in false tax credits for this fuel. Continue reading
$14.7 Billion Volkswagen Diesel Fraud Settlements
The plea bargain requires Volkswagen to spend up to $10.03 billion to compensate consumers under the program. In addition, the VW will spend $4.7 billion to mitigate the pollution from these cars and invest in green vehicle technology. Continue reading
Posted in fools 'n frauds, fuel economy or emissions, litigation
Tagged autoinformed, autoinformed.com, Ken Zino, Volkswagen diesel
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Fiat Argentina Removes Owner Manuals that Insult Women
The booklet in Argentina given to every new vehicle owner said: “If a lady’s skirt is too short, we recommend that she travel in the backseat to keep our concentration.” It dug the hole deeper by saying “if the skirt is not that short but you tend to have a wandering hand, she should also travel behind.” Continue reading
Posted in fools 'n frauds, news analysis
Tagged autoinformed, autoinformed.com, Ken Zino
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German Motor Transport Grants Fix on Dirty VW Diesels
Such an inexpensive fix is not possible in the U.S. where emissions standards are much tighter, and regulatory authorities – it could be argued across the EU – are not in the pocket of auto companies and major suppliers. Continue reading
Posted in fools 'n frauds, fuel economy or emissions
Tagged autoinformed, autoinformed.com, dirty diesels, Ken Zino
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U.S. Treasury Issues Inversion Regulations. Is It Too Little, Too Late for Catching Corporate Tax Cheaters?
Under current law – obviously written by corporate lobbyists – following an inversion or foreign takeover, a U.S. subsidiary can issue its own debt to its foreign parent as a dividend distribution. The foreign parent can then transfer this debt to a low-tax foreign affiliate. The U.S. subsidiary can then deduct the resulting interest expense on its U.S. income tax return at a significantly higher tax rate than is paid on the interest received by the related foreign affiliate. Continue reading
Posted in economy, fools 'n frauds
Tagged autoinformed, autoinformed.com, corporate welfare, Ken Zino, tax code, U.S. Tresury
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Teamsters Protest United Airlines at PGA Shell Houston Open
Don’t Loot Mechanics’ Healthcare & Profit-Sharing” and “No Contract – No Flights,” during the opening round of the PGA Shell Houston Open. United is the airline sponsor of the PGA tour. Continue reading
Posted in fools 'n frauds, labor issues
Tagged autoinformed, autoinformed.com, Ken Zino, pga, teamsters. United airlines
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