Category Archives: results

Dieselgate: Volkswagen Cuts Deal with FTC and Plaintiffs

Volkswagen has agreed to pay up to approximately $1.2 billion in benefits for the 3-liter plea bargain, assuming 100% participation in the program, a 100% buyback of all eligible so-called Generation 1 vehicles and availability of an Emissions Compliant Repair for Generation 2 vehicles. Continue reading

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Dieselgate: Bosch Plea-Bargain for Dirty Engines

The dieselgate plea bargain – and it looks like a real bargain – requires the approval by Judge Charles R. Breyer, who conducts the nationwide multi-district proceedings in which numerous civil law actions have been combined. Continue reading

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NADA Celebrates Its 100-Year Anniversary

Founded in 1917, NADA was formed when a group of local dealers set out to fight Congress on levying a luxury tax on new automobiles. Continue reading

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January 2017 U.S. Auto Sales Forecast Down

The latest forecast for January 2017 U.S. auto sales is that 1,153,459 new cars and trucks will be sold for an estimated Seasonally Adjusted Annual Rate (SAAR) of 17.7 million. Continue reading

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Penske Truck Rental now Providing Collision Avoidance

It’s the latest step in the ongoing, rapidly expanding driver assist safety system deployment that is the run up to autonomous vehicles. Continue reading

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California Proposes Strict Greenhouse Gases, Fuel Economy Rules for 2030

Twit-nitwit Trump – “global warming is a Chinese hoax” – is an additional exacerbating factor here with his EPA head nominee, Scott Pruitt saying it’s real – a lie about Global Warming to get through his confirmation hearing, or is he serious? Continue reading

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CARB Issues Mid-Term CAFE, Green House Gas Review

However, CARB said that the U.S. national program is very modest in terms of promoting electrification needed to meet California’s public health and environmental needs beyond 2025. CARB recommends that California make a major push now to develop new post-2025 standards while working with automakers, federal regulators and partner states to further develop the market for electric cars. Continue reading

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SEC Charges GM with GAAP Violations on Ignition Switches

The Securities and Exchange Commission today charged General buy celecoxib 200 mg Motors (NYSE: GM) with GAAP  violations and GM  has agreed to pay a $1 million penalty over deadly ignition swiches. This deal settles charges that deficient internal accounting … Continue reading

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Mirai Hydrogen Fuel Cell Tests in United Arab Emirates in May

Toyota will begin driving and refueling demonstration tests of the Mirai fuel cell vehicle in the UAE in May of 2017. It is currently selling the hydrogen-fueled zero emissions Mirai FCV that only emits water in Japan, the United States and Europe. Continue reading

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CAFE, Global Warming Rules Approved for 2022-25

In a parting shot to Twit-nitwit Trump who wants to despoil the environment because global warming is all a “Chinese hoax,” EPA Administrator Gina McCarthy says it will maintain the current greenhouse gas (GHG) emissions standards for model years 2022-2025 cars and light trucks. Continue reading

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Dieselgate2? EPA Says Jeep, Ram Diesels Use Illegal Software

In what looks to be a sequel the Volkswagen Dieselgate scandal, EPA is working in coordination with the California Air Resources Board (CARB), which has also issued a notice of violation to FCA. EPA and CARB have both initiated investigations based on FCA’s alleged actions. FCA could be liable for civil penalties and injunctive relief for the alleged violations. EPA is also investigating whether the auxiliary emission control devices constitute “defeat devices,” which are illegal. Continue reading

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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

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Ford Motor Says 2017 Profit Will be Lower Than 2016

The bad news is that the ongoing increase of incentives, longer loan terms, growing sub-prime lending – including on trucks – and the fact Ford can’t give away a car in the U.S. is potentially troubling. Helped by incentives of more than $8,000 at year end, the Ford F-Series pickup retained its title as the best-selling vehicle in the land at 820,799. Predicting lower performance for 2017 is a warning that won’t help Ford’s weak share price. Continue reading

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2017: General Motors Bullish – More Stock Buybacks

GM’s 2017 outlook is based on – what else – an expected strong performance in North America and China, growth of GM Financial, continued cost efficiencies, improvement in South America and an ongoing vehicle launch cadence. Continue reading

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FAA Changes Pilot Medical Rules. Implications for Drivers?

The new regulation has further potentially broad implications for drivers since it dovetails with two other federal actions or desires. Continue reading

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