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Embattled automaker Volkswagen reached a long-awaited settlement deal in principle with regulators this morning in a California courtroom.
Before presiding judge Charles Breyer, Volkswagen agreed to buy back afflicted diesel models from U.S. buyers, while compensating their owners from a newly created fund. The automaker would accept early termination on leased models, and fix some vehicles if requested by owners. Read More >
Dirty Volkswagen diesels equipped with illicit “defeat devices” could soon be flying off driveways and into oblivion.
Sources briefed on the matter told Reuters (via Automotive News) that the automaker will offer to buy back up to half a million 2.0-liter TDI models in the U.S. that emit illegal levels of smog-causing emissions.
They expect that Volkswagen will make the offer tomorrow before a federal judge. The company’s deadline for a U.S. fix is tomorrow, and a failure to act will result in a trial the automaker desperately wants to avoid. Read More >
Mitsubishi Motors has some ‘splaining to do after fuel economy figures for its tiny overseas eK wagon were proven to be false.
The automaker overstated gas mileage by five to 10 percent over the last three model years, Bloomberg reports, allowing the minicars to be classified as greener than they actually were.
Powered by small-displacement three-cylinder engines, the vehicles are called “kei cars” in Japan (no, not K-cars). Read More >
Nope. Nuh-uh. Not gonna do it.
That was Volkswagen’s reaction to the idea of publishing its first-quarter results on time, according to Automotive News Europe, meaning the automaker’s current financial standing will be unknown until May 31.
The beleaguered company has bigger things to deal with in the near term — mainly, meeting the U.S. government’s April 21 deadline for a fix for vehicles caught up in the diesel emissions scandal. An April 21 deadline was issued last month by U.S. District Judge Charles Breyer, extending a missed deadline on a one-time-only basis. Read More >
When you’re in conversation with a self-described urbanist, it’s usually impossible to avoid numerous references to Amsterdam, that progressive utopia of bikes, tulips, marijuana-smoking tourists, and more bikes.
Well, expect to hear about it even more, now that Dutch parliament has passed a Dutch Labor Party motion to ban the sale of internal combustion vehicles in that country after 2025, according to Auto Express. The bill, which requires senate approval to become the law of the land, would see existing gas and diesel vehicles grandfathered, and the sale of new ones banned. Read More >
As regulatory bigwigs gear up for a midterm review of corporate average fuel economy (CAFE) requirements, will the 54.5 mpg target for light-duty vehicles get a haircut, or be deemed too unambitious?
Under a 2012 agreement between the federal government and automakers, cars and light trucks will have until 2025 to meet the 54.5 mpg target, which works out to about 40 mpg on the window sticker (for cars) after you ditch the fancy math. That target isn’t set in stone, and the midterm review will take into account the state of the market — and existing technology — when it reviews its goals for the 2022-2025 period. Read More >
Nevada, home to Tesla’s “Gigafactory,” is taking a different tack with its other soon-to-maybe-be electric vehicle producer, Faraday Future. To make sure its $215 million package of tax incentives and abatements actually creates a factory that will employ Nevadans, the state has levied a number of conditions on Faraday, which includes putting up millions of dollars to develop the future 18,000-acre Apex Industrial Park site the company will call home.
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The Environmental Protection Agency (EPA) is dropping proposed policy language that would have done, well, nothing.
That’s right, and it would have made a great Seinfeld story line: faceless bumbling government agency seeks to reframe public debate with a redundant, unenforceable, and unnecessary policy revision only to meet unanticipated wrath from industry and enthusiasts, forcing it to ultimately retract its proposal.
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Despite their psychopathic barbarity, ISIS fighters fear many things — women, music, culture, bathing, and now a lone tank dubbed “The Beast.”
According to U.S. military official Col. Steve Warren, an American-trained Iraqi tank crew has become a one-vehicle Dirty Dozen in the aptly named Iraqi city of Hit, the Associated Press has reported.
As part of ongoing efforts to retake the city from ISIS militants, the lone crew is “tearing it up” with its distinctively midwestern machine, obliterating every unfriendly target of opportunity with its General Dynamics M1A1 Abrams.
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Somewhere between storming the beaches at Normandy and marching into Berlin, General Dwight D. Eisenhower became enamored with the German Autobahn system of superhighways, and so resolved to create a similar system in the United States — or so goes the legend.
After the war, America began to build out from its crowded urban cores, placing new homes and businesses where before there was farmland and wilderness. At first, these new developments were reachable only by hastily expanded surface streets, and longer distance trips used the U.S. Highway system of two-lane roads first designed in the 1920s.
For a forward thinking superpower, this was not enough. Enter the Interstate Highway System — and the Highway Trust Fund that literally paid to pave its way.
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