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Recent Posts
- Trump-Flation Persists in Rising Trucking Costs
- Annals of Marketing – 2028 Honda CRVs are Hybrids Only
- GM Announces Two Michigan Solar Generation Facilities
- Bosch – Modular Heating, Cooling for All Engine Types
- Trump Thumped: Sales Slow. Record High New Vehicle Prices
- Loss of Brake Recalls – Cadillac LYRIQs, Chevrolet Blazer EVs
- Annals of Marketing – 2027 Chevrolet Silverado Pickup
- New $3 Billion Honda Plant in Ohio Announced
- U.S. Transportation Unemployment Tops U.S. Unemployment
- Toyota Motor Q2 FY 2027 Results – First Growth in Three Years!
- UAW Voters Persuasive in Trump Mid-Term Rout!
- Annals of Marketing – Dodge Returns to NASCAR
- Acura Begins U.S. Sales of NSX Reproduction Parts
- Lexus Recall for Instrument Panel Display Failures
- Audi to Build First American Plant in Georgia
Recent Comments
- Governor Whitmer Calls on U.S. Treasury to Reimburse Taxpayers for Tariff Costs on Michigan Governor Whitmer Against Trump Tariffs in WSJ
- Governor Gretchen Whitmer on Trump Mis-Administration – Record High Gas Prices Persist
- NHTSA on Steering Loss – Ford Recalls F-Series Trucks
- AAA on AAA – August 20 Gasoline Prices Highest Ever!
- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
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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 →