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Category Archives: people
SEC Charges Volkswagen, Ex CEO Winterkorn of Defrauding Bond Investors During “Clean Diesel” Emissions Scam!
It’s a wide-ranging indictment that could lead to complicated litigation, ruinous fines and settlements, while prompting similar charges and litigation from other countries. As such it’s the latest nail in the diesel coffin. Volkswagen did not immediately respond to AutoInformed. Continue reading
Posted in environment, fools 'n frauds, litigation, news analysis
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Real News: SEC Charges Lumber Liquidators with Fraud
Lumber Liquidators agreed to pay more than $6 million to settle the SEC action. The SEC’s order finds that in early 2015, Lumber Liquidators, a discount retailer of hardwood flooring, made public statements in response to a “60 Minutes” news program episode that showed undercover video of Lumber Liquidators’ suppliers stating that they provided the company with products that did not comply with regulatory requirements. Continue reading
Online Retailer AutoAnything Pays $1 Million Fine for Selling Illegal, Polluting Aftermarket Parts in California
“Although the former AutoAnything, Inc. was a retailer, everyone in the chain of commerce – that is manufacturers, distributors, dealers, installers, and retailers – has an important responsibility to ensure that all aftermarket products they offer for sale have first been exempted by CARB,” said CARB Enforcement Chief Todd Sax. “This settlement is a reminder of the serious consequences for ignoring this responsibility.” Continue reading
Bertha Driving the Benz Celebrated
Bertha Benz raised public attention to an invention of her husband Carl by undertaking the first long-distance car journey to Pforzheim covering nearly 100 kilometers more than 130 years age. Continue reading
Department of Dubious Research: Size Doesn’t Matter?
These findings come from a new survey MINI USA recently commissioned from market research and business intelligence firm Engine designed to identify car shopping trends among general consumers and millennials. Continue reading
US Pedestrian Fatalities Highest Since 1990!
“While we have made progress reducing fatalities among many other road users in the past decade, pedestrian deaths have risen 35%,” said GHSA Executive Director Jonathan Adkins. Continue reading
Millennials – Soon Largest Generation in US electorate
The growing gap by education is even more apparent when looking at annual household income of the elite. For households headed by Millennials ages 25 to 37 in 2018, the median adjusted household income was about $105,300 for those with a bachelor’s degree or higher, roughly $56,000 greater than that of households headed by high school graduates. The median household income difference by education for prior generations ranged from $41,200 for late Boomers to $19,700 for the Silent Generation when they were young. Continue reading
Trump Tariffs Hurt New Auto Prices, Jobs, Consumers
NADA is worried that under a 25% tariff on all imports and parts, “consumers would see the price of the typical vehicle sold in the United States rise by $4,400. Prices of U.S.‐assembled vehicles rise due to an increase in the cost of imported vehicle parts, adding $2,270 to the price. For the typical imported vehicle, these tariffs raise consumer prices by $6,875 per vehicle.” Continue reading
Posted in economy, labor issues, new vehicle, news analysis, people
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, center for automotive research, connected vehicles, Department of Commerce, Ken Zino, NADA President and CEO Peter Welch, new vehicle reviews
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Woodstock Revisited? Volkswagen ‘Light’ Bus Recreated
“The bus is really about being one people on one planet,” says Hieronimus, who is also a ‘symbologist’. “On every side of the bus is a story – many stories – and the stories all point to unification, working together and a higher consciousness, which is what Light really is all about.” Continue reading
Posted in auto news, design and styling, people
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, Dr. Bob Hieronimus, Ken Zino, new vehicle reviews, Orange Country Transporter Organization, Recreation of the Woodstock Light bus- Volkswagen Type 2 Van, VW Bus, Woodstock
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Battery Handlers or Sorters Untrained, at Risk from Lithium
Battery Council International says the lead battery recycling process was uniquely designed for lead batteries. Lead batteries have almost a 100% recycling rate. However, when lithium batteries enter the lead battery recycling stream, they pose a serious threat to lead battery recyclers’ employees and equipment. This is because lithium batteries can explode if they are crushed during the lead battery recycling process. Continue reading
Doomsday? No-Deal Brexit Impact on UK Light Vehicle Market
If the UK leaves the EU without a deal, then the LMC assumption would be that vehicles exported to the EU from the UK would be subject to a tariff of 10% as the UK would, by then, have become a ‘third country’ under EU trade rules. Continue reading
Travelers Attacks Distracted Driving, Cybersecurity, Weather
“We saw great engagement throughout our symposia series in 2018 and look forward to continuing to raise awareness of important social topics across the United States and Canada,” said Joan Woodward, President of the Travelers Institute and Executive Vice President of Public Policy at Travelers. Continue reading
Posted in distracted driving, insurance, news analysis, people, safety
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, cybersecurity, distracted driving, Ken Zino, new vehicle reviews, Severe Weather, The Travelers Companies, Travelers Institute
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Rolls-Royce: Record Apprenticeship Places Open
Since the program was launched in 2006, numbers have progressively increased, with 2019 offering a record 31 candidates the opportunity to join the team at the Home of Rolls-Royce in Goodwood, West Sussex, United Kingdom. Continue reading
Damning SEC Charges on Volkswagen ‘Clean Diesel’ Fraud
2. Winterkorn and other VW executives were made aware of the defeat device as early as November 2007, during a meeting with VW engineers, to discuss the emissions problems with VW’s “clean diesel” vehicles. Continue reading →