Tag Archives: autoinformed

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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New Genesis App Adds Apple Watch, Android Wear

The Genesis Intelligent Assistant app that works with Genesis Connected Services now has Apple Watch and Android Wear integration. Continue reading

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General Motors Announces ~7000 US Manufacturing Jobs

GM also said it will begin work on in-sourcing axle production for its next generation full-size pickup trucks, including work previously done in Mexico, to operations in Michigan, creating 450 U.S. jobs. Continue reading

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Freshened Ford Mustang Shown in Los Angeles

Pro wrestler Dwayne ‘The Rock’ Johnson introduced the new freshened Ford Mustang in Los Angeles today. 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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Takata Pleads Guilty of Falsifying Data on Airbag Shrapnel

Takata has reached an agreement with the U.S. Department of Justice – DOJ – whereby it will plead guilty for falsifying airbag testing data and reports that were provided to automakers. 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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Ford to Bring Back Ranger Pickup to North America

Ford is bringing back the Ranger midsize pickup truck to its North American vehicle lineup in 2019 and a Bronco midsize SUV to its global vehicle portfolio in 2020. Continue reading

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US Auto Sales at 17.5 Million Set New Record in 2016

For the second year running U.S. light vehicle sales set a record with 17,550,351 sold during 2016. This surpasses the previous 2015 record year of 17,479,469. This is only partially good news for some automakers. Continue reading

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Chrysler Portal Concept, Millennial Family Wheels, New at CES

In what it is calling the “fifth generation” of family transportation – the Chrysler Portal concept debuted today at the Consumer Electronics Show in Las Vegas. Eschewing its home town auto show, NAIAS that opens next week, the electric-powered Portal is estimated to have more than 250 miles of range on a full charge. Continue reading

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