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SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act

Green Car Congress

In its order, the SEC noted that between 2004 and 2011, Scuderi Group sold more than $80 million worth of securities through offerings that were not registered with the Commission and did not qualify for any of the exemptions from the Securities Act’s registration requirement. million in Scuderi Group spending on such purposes.

Engine 249
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Mini Ends Production of the Clubman

The Truth About Cars

That’s down from a peak of roughly 54,000 units in 2008. With its departure, we look ahead to welcoming members of the new MINI family to our Oxford and Swindon lines, including a new convertible model which we will start to produce at the end of this year." Images: BMW Group] Become a& TTAC& insider.

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UAW Announces Another Strike Expansion

The Truth About Cars

The whole thing is an optics war with each group hoping to win the hearts and minds of the American people before the other side blinks. The worst of this took place in the run-up to the 2008 automotive bailout when the industry was financially crippled and laying off employees in large numbers.& We’ve covered them before.

Chicago 101
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China’s GAC Debuts Ammonia-Powered Car Engine

The Truth About Cars

Meanwhile, China’s state-owned Guangzhou Automobile Group Company (GAC) has announced it had developed an engine powered by ammonia with help from Toyota Motor Corporation during its annual technology showcase. What’s different about the GAC-Toyota joint is that the duo has allegedly overcome some of the issues associated with burning it.

Engine 102
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Learn How the President-Elect Candidates Plan to Improve IEEE

Cars That Think

Coughlin is a regular contributor on digital storage for the Forbes blog and other news outlets. IEEE-USA president as well as chair of the IEEE New Initiatives Committee , the IEEE Public Visibility Committee , and IEEE Region 6. He has held several leadership positions in IEEE including 2019.

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The View From Here Today

Creative Greenius

I took the photos that now illustrate it here on my blog within the last hour: My name is Joe Galliani, I’m 52 years old and I’ve lived in Southern California for 33 years. (c) I’ve been blogging on the environment since October of 2007. c) 2009 by Joe Galliani - This afternoon's view from my studio's patio.

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Report: U.S. Prepping $540 Million for SK Group Semiconductor Factory in Michigan

The Truth About Cars

The United States Department of Energy has confirmed plans to loan $544 million to South Korean tech conglomerate SK Group under the conditions it be used to expand semiconductor production in the Midwest. Incentivizing companies to lay roots in Michigan after the 2008 recession has worked out rather well. The company is targeting 4.2