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Category Archives: people
Ford Motor Promotes Family Member Elena Ford to Vice President
Ford Motor Company said that Elena Ford is elected a vice president and leader of the company’s new Global Dealer and Consumer Experience organization starting this March. Ford is the great-great granddaughter of Henry Ford and the granddaughter of Henry Ford II. Ford earned a bachelor’s degree in Business from New York University. Continue reading
Posted in auto news, customer satisfaction, people
Tagged auto informed, autoinformed.com, automotive news, dwi, elena ford, Ken Zino
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Transocean Pleads Guilty of Environmental Crimes in Gulf Oil Spill. $400 Million in Penalties for its Role in Deepwater Horizon Disaster
Transocean Deepwater pleaded guilty today to a violation of the Clean Water Act for its illegal conduct leading to the 2010 Deepwater Horizon disaster. The drilling company was sentenced to pay $400 million in criminal fines and penalties, Attorney General Holder announced today. Continue reading
Posted in energy, fools 'n frauds, litigation, news
Tagged auto informed, autoinformed.com, automotive news, bp, doj, gulf oil spill, Ken Zino, Macondo well, transoceon
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More Spills in Gulf of Mexico as U.S. Files Suit against ATP Oil
Today the United States filed suit against ATP Oil & Gas Corporation and ATP Infrastructure Partners for civil penalties and injunctive relief under the Clean Water Act and the Outer Continental Shelf Lands Act. The complaint alleges unlawful discharges of oil and banned chemical dispersants from the defendants’ floating oil and gas production platform, the ATP Innovator, into the Gulf of Mexico. The drilling rig is operating 45 nautical miles offshore of southeastern Louisiana. Continue reading
Posted in energy, fools 'n frauds, litigation, news
Tagged atp oil & gas, auto informed, autoinformed.com, automotive news, bp, Ken Zino, oil spills
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Energy Secretary Steven Chu Resigns after a Distinguished Four Years
The Department of Energy, oft mocked by right wing Republicans, in Chu’s mind actually serves U.S. taxpayers as a Department of Science, a Department of Innovation, and a Department of Nuclear Security. Continue reading
Mullen, Ex Chairman of Joint Chiefs of Staff, Joins GM Board
General Motors announced the election of retired Admiral Michael Mullen to a lucrative position on the GM board of directors effective immediately. Mullen served as the 17th Chairman of the Joint Chiefs of Staff from 2007 to 2011. He was the principal military adviser to President George W. Bush and President Barack Obama, as well as two Secretaries of Defense. Continue reading
Posted in auto news, people
Tagged auto informed, autoinformed.com, automotive news, gm board of directors, Ken Zino, sec
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GM Moves Performance Build Center to Corvette Plant
GM is moving its Performance Build Center from Michigan to the Bowling Green Assembly Plant where the Chevrolet Corvette is assembled. The center allows customers to build their own specialty engines for installation in GM vehicles. Continue reading
Posted in auto news, manufacturing, marketing, people, performance
Tagged auto informed, autoinformed.com, automotive news, corvette, Ken Zino, performance build, small block v8
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Karl-Thomas Neumann formerly of VW Now GM Europe Head
The Opel Supervisory Board today named Karl-Thomas Neumann, 51, chairman of the Management Board of Adam Opel AG, effective March 2013. General Motors also appointed Neumann president of its loss making GM Europe subsidiary and a GM vice president. Neumann will be in charge of a plan to return Europe to breakeven by 2015. Continue reading
Posted in auto news, news analysis, people
Tagged adam opel, auto informed, autoinformed.com, automotive news, GM, Ken Zino, opel, vw
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BP Sentenced to Pay $4 Billion for Deepwater Horizon Oil Spill Crimes
Nevertheless, the penalty remains a small fraction of the actual damage caused by pumping at least 5 billion gallons of crude oil into the Gulf of Mexico. This means that BP is paying less than $1 a gallon for the criminal spill and destruction of the environment. Continue reading
Posted in fools 'n frauds, litigation, news
Tagged auto informed, autoinformed.com, automotive news, bp, deepwater horizon, gulf oil spill, Ken Zino, Macondo well
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Second Alabama Cop to Serve Time for I-65 Motorist Thefts
A second Alabama police officer has been sentenced to serve time because of his thefts from motorists on I-65. Former Fort Deposit police officer Carlos Tyson Bennett, 37, was sentenced to 37 months in prison, two years of supervised release and ordered to pay $500 in restitution. Bennett stole money from motorists during traffic stops with another ex Fort Deposit cop, Jessie Alan Fuller, on Interstate 65 in 2009. Continue reading
Used Motor Vehicle Dealers Indicted for Odometer Tampering
A federal grand jury in Philadelphia charged Kyle Novitsky, 45, and Judith Aloe, 52, both of North Miami Beach, Florida with making false odometer statements, securities fraud and conspiracy, the Justice Department announced today. Continue reading
Nissan Cuts Leaf EV Price by $6400 on U.S.-Assembled Model
Nissan announced that pricing for the 2013 Leaf electric vehicle starts at $28,800 for the newly-added S grade – think SALE – making it the lowest priced five-passenger electric vehicle sold in the United States. The least expensive 2012 Leaf had a starting price of $35,200 without taxpayer subsidies. Nissan CEO Carlos Ghosn’s 20,000-unit sales target for the Leaf in 2012 was missed by 50%, and fewer than 10,000 were also sold in 2011. He previously said electric vehicles would account for 10% or more of global auto sales by 2020, a prediction that is viewed as fantasy by other automaker CEOs. Continue reading
Ford to Hire 2,200 Salaried Workers in the U.S. During 2013
Ford Motor said today that it plans to hire 2,200 salaried workers in the U.S. during 2013 to fill jobs in Product Development, Manufacturing and IT. It is the largest increase in new salaried workers in more than a decade. The announcement follows one yesterday when General Motors said it will hire 1,000 computer programmers to staff a new Information Technology office near Atlanta, Georgia. Continue reading
Posted in auto news, economy, people
Tagged auto informed, autoinformed.com, automotive news, ford hiring, ford outsourcing, Ken Zino
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Virginia Man Jailed for Selling Counterfeit GM Diagnostic Equipment
A Virginia man was sentenced today in federal court to serve one year and one day in prison for selling counterfeit General Motors automotive diagnostic equipment used by mechanics to identify problems with GM vehicles. Continue reading
Ex Ford EVP David Thursfield Sentenced to Jail over Divorce
David Thursfield, a former executive vice president of Ford Motor Company and then a top Cerberus executive, has been sentenced to two years in jail in Great Britain for allegedly hiding assets during a contentious divorce settlement in 2005. Continue reading
Posted in litigation, people
Tagged auto informed, autoinformed.com, automotive news, cerebus, ford motor, Ken Zino, thursfield
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Transocean Pleads Guilty in Deepwater Horizon Oil Spill. Criminal and Civil Fines Set at a Record $1.4 Billion by Department of Justice
Transocean Deepwater, the operator of the Deepwater Horizon drilling rig in the Gulf of Mexico, will plead guilty to violating the Clean Water Act and pay a total of $1.4 billion in civil and criminal fines for its conduct during the largest oil spill in U.S. history. Continue reading
Posted in environment, fools 'n frauds, litigation, news, transportation
Tagged auto informed, autoinformed.com, automotive news, bp, deepwater horizon, gulf oil spill, Ken Zino, Macondo well, moex, transoceon
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