Tag Archives: Ken Zino

Tether Cyber Scam ~$9M in Crypto Seized by DOJ

The US Justice Department (DOJ) today announced the seizure of ~$9 million worth of Tether, a cryptocurrency pegged to the US dollar. These seized funds were traced to cryptocurrency addresses allegedly associated with an organization that exploited more than 70 victims through romance scams and cryptocurrency confidence scams, widely known as “pig butchering.” Continue reading

Posted in blog, fools 'n frauds, litigation, news analysis, people | Tagged , , , , , , , , , , , , , | Leave a comment

Ford Motor Recalls Super Duty F-Series Trucks

Owners are advised not to drive their vehicle until the repair has been performed. Dealers will inspect the front wheel hub extender retaining nuts. If the retaining nuts are loose, dealers will replace the wheel hub extender, retaining nuts, and hub assembly. Continue reading

Posted in manufacturing, quality, recalls, safety | Tagged , , , , , | Leave a comment

Stellantis and CATL MoU for Lithium Iron Phosphate Batteries

Stellantis and CATL are considering the possibility of a joint investment in the form of a joint venture with equivalent contributions. Stellantis aims to use lithium iron phosphate (LFP) batteries to assist making its Dare Forward 2030 electrification targets. LFP has a long service life and high thermal stability. Continue reading

Posted in electric vehicles, environment, manufacturing, milestones, mobility company, news analysis | Tagged , , , , , , , , , , | Leave a comment

UAW Sweep – Stellantis Contract Approved by Members

“The members have spoken. After years of cutbacks, months of our Stand Up campaign, and weeks on the picket line, we have turned the tide for the American autoworker,” said UAW President Shawn Fain. “The Stand Up Strike was just the beginning. The UAW is back to setting the standard. Now, we take our strike muscle and our fighting spirit to the rest of the industries we represent, and to millions of non-union workers ready to Stand Up and fight for a better way of life.” Continue reading

Posted in economy, labor issues, manufacturing, milestones | Tagged , , , , , , , , , , | Leave a comment

Aston Martin Chuffed over Las Vegas Grand Prix Results

“Touching all of our marketing channels, our activities in Las Vegas demonstrate how we are infusing our brand with F1’s unique high-performance and technology credentials and curating ultra-luxury experiences and events that connect our community of owners and enthusiasts,” Mattiacci said with the hype typical of Las Vegas promotions. Continue reading

Posted in news analysis | Tagged , , , , , , , , | Leave a comment

Coffeyville Resources Refining Fined $23 Million for Pollution

“The settlement with Coffeyville delivers on the promise of EPA’s new climate enforcement strategy by reducing greenhouse gas emissions equivalent to the annual emissions of 10,000 cars,” said Assistant Administrator David M. Uhlmann for EPA’s Office of Enforcement and Compliance Assurance. “In addition, the actions we are taking alongside our state partners in Kansas will reduce harmful air pollution that makes breathing more difficult and causes smog, acid rain, and tree and plant damage.” Continue reading

Posted in environment, litigation, news analysis, public health | Tagged , , , , , , , , , , , , , , | Leave a comment

The Corrupting Influence of Money on US Public Health

“Heavy Vehicle emissions standards recently proposed by the Environmental Protection Agency (EPA) would boost the electrification of trucks and buses, but standards stronger than what EPA proposed are needed to de-carbonize transportation at a pace to prevent catastrophic climate change. While leading utilities are showing that they can help build out the infrastructure at the scale necessary to support the proposed standards, they and their customers will need to invest far more ambitiously to support more robust standards.,” claims Daivie Ghosh, Transportation Senior Research Analyst at the American Council for an Energy-Efficient Economy. Continue reading

Posted in blog, environment, fuel economy or emissions, global warming, news analysis, public health, transportation | Tagged , , , , , , , , , , , | Leave a comment

Two Corporate Execs Convicted for Failure to Report Under CPSA

A Los Angeles jury has convicted two corporate executives of conspiracy and failure to report information related to defective residential dehumidifiers that had been linked to multiple fires, in the First-Ever Criminal Prosecution for Failure to Report Under Consumer Product Safety Act (CPSC)*. Simon Chu, 68, of Chino Hills, California, and Charley Loh, 65, of Arcadia, California, were convicted of conspiracy to defraud and failure to furnish information as required by the Consumer Product Safety Act (CPSA). Continue reading

Posted in news analysis | Tagged , , , , , , , , , , , | Leave a comment

GM UAW Members Ratify New Contract

AutoInformed translation: GM UAW members will be working likely be working mandatory overtime or  extended shifts during the holiday season. Continue reading

Posted in news analysis | Tagged , , , , , , , | Leave a comment

Ford CEO Jim Farley on UAW Contract Ratification

Ford Motor Company (NYSE: F) President and CEO Jim Farley said this morning, “We are pleased the agreement has been ratified and we are very happy for our more than 57,000 UAW-represented employees and their families.” (AutoInformed: Bill Ford Asks … Continue reading

Posted in manufacturing, milestones, news analysis, people | Tagged , , , , , , , , , , | 1 Comment

Is Formula One in Vegas Cursed? Clark County Cuts Fees

Stay tuned for more on the Las Vegas F1 curse. The temporary circuit was closed to fans this morning after a race car was severely damaged by a manhole cover. How many fans show up for the race remains to be seen. Continue reading

Posted in news analysis | Tagged , , , , , , , | Leave a comment

State of Michigan UAW Employees Approve 2024 Contract

State of Michigan UAW employees have approved the 2024 wage re-opener for the fiscal year 2024 by a significant 95% yes vote, the UAW said today. Local 6000 negotiated a 5% wage increase, a $2250 bonus, which is the first bonus ever received, and language to adjust wages due to market conditions, retention, and recruitment for the Human Services and Administrative Support Units. Continue reading

Posted in labor issues, milestones, people | Tagged , , , , , , | Leave a comment

New Circus Ringmaster at Cruise Autonomous Vehicles

Well, it seems that the discovery that Cruise altered released accident footage to eliminate one of its accident vehicles dragging a pedestrian with it as it continued to run (drive away?) has moved the normally buttoned-down GM safety culture and it people to the verge of, well, annoyance. So send in the lawyers to monitor the California clowns starting with Cruise CEO Kyle Vogt. Continue reading

Posted in autonomous vehicles, customer satisfaction, electronics, engineering, insurance, litigation, mobility company, news analysis, people, recalls, transportation | Tagged , , , , , , , | Leave a comment

Cadillac Teases 2025 OPTIQ EV – Crossover Compact

This will be Cadillac’s fourth EV, positioned below the slow-selling (because of supply chain issues and shortages of batteries or lack of appeal?) Lyriq mid-size crossover, with a base price of ~$59,000. It joins the expensive ~$300,000+ Celestiq sedan and what will soon be an all-electric version of the Escalade SUV (~ $130,000.) Continue reading

Posted in auto news, electric vehicles, marketing, mobility company, new vehicle, news analysis | Tagged , , , , , , , , | Leave a comment

Subaru 2025 Forester SUV Shown at Los Angeles Auto Show

“The all-new 2025 Forester was designed to combine the capability and versatility of a large SUV with the comfort and efficiency of a car. The 8.7-inch ground clearance for all Forester models is taller than many SUVs, yet it maintains a comfortably low step-in height for both front- and rear-passenger entry,” Subaru said. Continue reading

Posted in auto news, new vehicle, shows and events | Tagged , , , , , , , | Leave a comment