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Category Archives: fools ‘n frauds
VW America CEO Michael Horn Out in Dirty Diesel Scandal
Thus the history of sudden death departures at VW in North America continues. When sales previously slumped, Horn became CEO after the abrupt resignation of Jonathan Browning when VW brand sales fell in 2013. The decade before VW said it would triple sales here in 10 years. The lack of trucks and SUVs doomed the plan from the start. Continue reading
Volkswagen CEO, other Execs Knew of Diesel Scandal Months – if Not Years – Before Public Exposure of the Fraud
The German defense appears weak to AutoInformed (caveat we know little about German law) because former CEO Martin Winterkorn on 27 July 2015 discussed with Volkswagen employees the diesel emissions problem at a regular meeting about “damage and product issues.” Herbert Diess, Volkswagen passenger car CEO, was also present. Memos were sent more than a year earlier. Continue reading
FAA Wants $200,000 Fine for Unsafe Conditions at Detroit Wayne County Airport – DTW
Unless successfully challenged – highly unlikely – once again beleaguered taxpayers will be picking up the tab for illegal behavior at an airport that has a long history of malfeasance and criminal behavior by Democratic politicians who control Wayne County. Continue reading
Posted in aviation, fools 'n frauds, litigation, safety
Tagged autoinformed, autoinformed.com, dtw, Ken Zino
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Winterkorn off Porsche Exec Board over VW Diesel Cheating
This is the latest development in the growing and company-threatening crisis at Volkswagen Group because of its deliberate diesel emissions fraud perpetrated on several continents by now disgraced engineering and management groups. Continue reading
Posted in fools 'n frauds, fuel economy or emissions, people
Tagged autoinformed, autoinformed.com, Hans Dieter Pötsch, Ken Zino
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FAA Fines Drone Operator SkyPan $1.9 Million
SkyPan operated the aircraft in a careless or reckless manner to endanger lives or property, the FAA alleges. Continue reading
Posted in aviation, fools 'n frauds, litigation, safety
Tagged autoinformed, autoinformed.com, drones, Ken Zino, SkyPan, uas, Unmanned Aircraft Systems
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Volkswagen Investigation underway for Deliberately Violating Diesel Emission Rules – $18 Billion in Fines Coming?
A sophisticated software algorithm on VW and Audi diesel engines detects when the car is undergoing official emissions testing, and turns full emissions controls on only during the test. Continue reading
Posted in environment, fools 'n frauds, fuel economy or emissions
Tagged autoinformed, autoinformed.com, diesel emissions, epa, Ken Zino, vw NOx emissions
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No Fixes in Sight for Highway Trust Fund or Decrepit US Roads
Bentsen suggests a series of political impossible actions… Continue reading
Screw US Workers! Trade Policy Fails Again
Imports of auto parts, engines, vehicles through May 2015 increased to $112,315,000, a dismal job-destroying record. May at $29,462,000 was a record as well. Continue reading
MI Proposal 1 on Roads, aka Prostitution 1, Resoundingly Defeated. All Politicians involved Need to Resign Now
All the politicians involved in this irresponsible pork-ridden fiasco should resign immediately – including local government officials who subsequently supported this sham because they would benefit from the pork – because they are clearly not representing the voters and above all are clearly and arrogantly out of touch with them. Continue reading
Shell Fined for Selling Bogus Fuels
The U.S. Environmental Protection Agency, EPA, today announced a settlement with three companies affiliated with Shell Oil Company to resolve Clean Air Act violations. The illegal acts included selling gasoline and diesel fuel that did not conform to federal standards. Continue reading
Posted in fools 'n frauds, news analysis
Tagged autoinformed, autoinformed.com, epa, Ken Zino
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Hyundai, Kia Fined Record Amount for Fuel Economy Cheating
The Korean scofflaws Hyundai and Kia will pay a record $100 million penalty for selling vehicles that emit more greenhouse gases because of false fuel economy ratings. Continue reading
Posted in environment, fools 'n frauds, litigation
Tagged autoinformed, autoinformed.com, doj, dot, epa, Ken Zino
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Treasury Secretary Jacob Lew Lies about Lehman Brothers
AutoInformed is disgusted by this blatant election year claim. The lack of government regulation and effective oversight by government agencies caused the ongoing Great Recession. Continue reading
Posted in AutoInformed Editorial, economy, fools 'n frauds
Tagged autoinformed, autoinformed.com, Ken Zino
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Dark Money at $50 Million. Congress Bought by Unnamed Interest Groups
The OpenSecrets Blog and the Center for Responsive Politics reported today that political spending by non-disclosing or secret political non-profit lobbying funds, aka dark money groups, has reached $50 million, a record at this point in the election cycle. Continue reading
Dismissed GM Ignition Switch Employees have Gag Orders
Chief Counsel and EVP Mike Millikin admitted such under tough questioning. Millikin went on to say however, the employees could talk to any regulatory agency if they feel the need to. Whether it would be wise to do so is another question. Some of the dismissed GM employees could face criminal charges. Continue reading
Posted in fools 'n frauds, litigation, recalls, safety
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GM Recalls Another 8.5 Million Vehicles for 6 Safety Defects. $1.2 Billion Charge coming
GM said it expects to take a charge of up to approximately $1.2 billion in Q2 for the cost of recall-related repairs announced in the quarter. This amount includes a previously disclosed $700 million charge for recalls already announced during the quarter. Continue reading
Posted in fools 'n frauds, litigation, recalls, safety
Tagged autoinformed, autoinformed.com, Ken Zino, nhtsa
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