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Fiat Chrysler reaches $300 million plea deal following emissions fraud probe

Teslarati

Fiat Chrysler Automobiles (FCA) has reached a $300 million plea deal after pleading guilty to criminal conduct concerning an emissions fraud probe involving its vehicles with diesel engines, a new report from Reuters said. In July 2020, Volkswagen returned more than $9.5 billion to car buyers.

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Tesla’s rumored sale of regulatory credits to VW to last ‘two to three years’

Teslarati

Due to this fact, some automakers, like Volkswagen, must purchase regulatory credits from other automakers to meet the emissions targets. It helps the purchasing automaker avoid hefty fines, while it can help the selling automaker solidify financial safety and fund projects. It appears Volkswagen will still purchase credits from Tesla.

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NHTSA to investigate LG Energy Solution battery failures affecting over 138,000 vehicles

Teslarati

In February 2020, Mercedes Benz issued a recall in one 2019 Smart Fortwo Electric Drive vehicle. In late 2020, Hyundai and General Motors both issued recalls for the 2019-2020 Kona and 2017-2019 Bolt EV. In 2022, Chrysler Pacifica Plug-In Hybrid EVs and Volkswagen ID.4 4 vehicles utilizing LGES cells were issued recalls.

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Used EVs to avoid? Model S, Chevy Bolt top Consumer Reports’ list

Baua Electric

But an unreliable used car can erode some of the savings from a low purchase price with heftier repair bills. Consumer Reports on Monday highlighted used cars to avoid —with several hybrids, plug-in hybrids, and EVs among them. 4 The post Used EVs to avoid?

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Lithia unloads Toyota, Ford and Bentley-Lotus dealerships

Baua Electric

The do business in marked John Elway Dealerships’ first franchised dealership acquisition because it purchased a BMW dealership and a Petite bind in 2020, Maul mentioned. The crowd has been an lively purchaser of powersports dealerships lately. and expanded from there. John Elway Dealerships ranks Refuse.

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

Buyers can claim a base credit of $1,250 for the purchase of qualifying used EVs, with additional incentives for battery capacity. And in the chart below from EV Volumes you can see that even despite the Coronavirus pandemic in 2020, sales of EVs in the EU increased 137% in 2020 over 2019, versus only 4% in the US.

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Carlos Ghosn sues Nissan for $1 billion, over funds and recognition

Baua Electric

In 2020, a UN panel discovered that Ghosn’s detention in a Jap prison for greater than 100 days used to be neither important nor cheap and violated his rights. Nada and others nearest laid the groundwork to have Ghosn arrested to bring to take away him from Nissan and the alliance, in keeping with the previous government.

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