Category Archives: news

BorgWarner Cops SEC Plea for Materially Misstating Financial Statements Concerning Asbestos Litigation

According to the SEC’s order, BorgWarner did not conduct any substantive quantitative analysis to estimate these asbestos claims, despite possessing nearly 40 years of historical raw claims data. BorgWarner also admitted that its internal controls over financial reporting were ineffective. Continue reading

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CARB Fines Flagship, a Ford Specialty Vehicle Maker

Vehicles sold new in California must be certified to meet California emissions standards. Modifications to a vehicle’s emissions equipment prior to the sale alters the original certification. Continue reading

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Commercial Truck Market Upturn Is on The Road

“Pricing is solidifying, customers are buying more used trucks and new truck orders and deliveries are heading back in the right direction,” said Chris Visser, commercial truck senior analyst at Valuation Services. Continue reading

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Covid: Census Says Construction Better Off, More Optimistic Than Other Small Businesses

“These companies of one to 499 employees provided important new insights into the effects of the pandemic,” said Jane A. Callen of the Census Bureau. It doesn’t appear to have anything to do with the Trump Administration’s voter suppression efforts that us Federal Agencies such as Census to subvert our democracy. Continue reading

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Carvana Virtual Vehicle Tour in 3D View

A Porsche 911 GT2 RS, Ford Shelby GT350 convertible, 1970 Plymouth Hemi Cuda and Bugatti Veyron can be taken for a virtual spin, from your home or on the go via mobile device, at Carvana.com/spinner.  Continue reading

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COVID-19 Auto Related Closings, Openings, Closings

Updated from 16 March 2020 onward Continue reading

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First Look – 2021 Mazda CX-9 Crossover SUV

The badly named Skyactiv-G 2.5 Turbo engine equipped on all CX-9 models is rated at  320 lb.-ft. of torque and 250 horsepower on premium (93 octane) gasoline or 310 lb.-ft. of torque and 227 horsepower on 87 octane gasoline. Continue reading

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Timely Tide Tracks: Ford Helps RNLI with Water Safety

Ford says it  aims to support the lifesaving charity to educate people on and raise awareness of key beach safety advice. The custom tires have been designed to leave 3 key water safety messages in the sand, including ‘float to live’, ‘no inflatables’, and ‘emergency? call 999’. Continue reading

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Toyota and Amazon Web Services Working on Connected Cars, Ridesharing, Driving Behavior-Based Insurance…

It’s the latest example of  an emerging trend among automakers to offer owners and lessees thus far unclear advantages of processing and analyzing data from vehicle use from Toyota’s growing worldwide fleet of connected vehicles. Nowhere in the announcement was an acknowledgement that the use of such customer data raises vast unaddressed privacy, security and law enforcement concerns. Continue reading

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Milestones: Intelligent Traffic Management Now Deployed at Center for Applied Research in Reno Nevada

One reason the lidar sensors have been placed at crossing signs and intersections is because lidar used today does not allow for facial recognition. In theory smart by anonymous city applications can preserve trust among the public. However, the US is far from even thinking about privacy, let alone articulating a policy about private data use as evidenced by Google and Twitter and Facebook among many other rich and powerful corporations that own politicians. Continue reading

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WEC SPA – Toyota One-Two. 24 Hours of Le Mans Next

After days of sunshine and high temperatures, the frequently variable Spa weather struck just over an hour before the start, with a heavy rainstorm causing the race to begin behind the safety car. It would have been a vastly different race and outcome if it had remained dry as the rwd Rebellion was clearly faster, until it got wet and had to run against the awd Toyotas. Continue reading

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Petersen Museum Reveals Latest Ford GT Sunday

The Ford GT reveal marks the final day of Petersen Car Week, which started airing Wednesday on the Petersen Museum’s YouTube channel. Continue reading

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Mazda, Toyota Add Money to Manufacturing in Alabama

It also insiders say makes production line enhancements made to improve processes supporting unannounced Mazda vehicle and design changes and to the thus far unknown Toyota SUV that will be produced at the plant. Continue reading

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RumbleOn Posts Q2 Profit of $8.5m, 10.0% of Revenue

“The COVID-19 pandemic has brought headwinds and tailwinds to this industry,” said Marshall Chesrown, Chief Executive Officer. “Thus far in the third quarter we are experiencing the highest online activity, strongest demand and highest valuations we have seen in our history.” Continue reading

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Death of the Diesel: Daimler in US to Pay $1.5B for Noxious Diesel Emissions Fraud

For the settlements with the U.S. authorities, Daimler expects costs of approx. USD 1.5 billion* (€1.27 billion). The estimated cost of the class action settlement is ~$700 million (~ €592 million) including the court’s anticipated award of attorneys’ fees and costs. In addition, Daimler estimates further expenses of a mid-three-digit-million Euro amount to fulfill requirements of the settlements. Continue reading

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