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FCA US reaches settlements on diesel emissions at estimated cost of $800M

Green Car Congress

federal and state authorities FCA maintains its position that the Company did not engage in any deliberate scheme to install defeat devices to cheat emissions tests. The settlements do not change FCA’s position that it did not engage in any deliberate scheme to install defeat devices to cheat emissions tests. Background.

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Tesla acquiring SolarCity in $2.6B all-stock deal; expected close of transaction in Q4

Green Car Congress

The all-stock transaction is valued based on the 5-day volume-weighted average price of Tesla shares as of 29 July 2016. After due diligence in consultation with independent financial and legal advisors, the independent members of the Tesla and SolarCity boards of directors approved the transaction.

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EPA issues a second notice of violation to Volkswagen alleging emissions cheating in MY 2014-2016 3.0L diesels

Green Car Congress

The NOV alleges that the VW Group companies developed and installed a software defeat device—specifically, code in the electronic control module (ECM)—in certain VW, Audi and Porsche light duty diesel vehicles equipped with 6-cylinder, 3.0-liter In addition, the NOV covers an unknown volume of 2016 vehicles. Earlier post.).

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Verizon acquiring Telogis to enhance connected vehicle business

Green Car Congress

Telogis also builds its technologies into vehicles and equipment from leading manufacturers including Ford, GM, Hino, Isuzu, Mack, Volvo and Manitowoc Cranes, eliminating the need for hardware installations. The acquisition is subject to customary regulatory approvals and is expected to close in the second half of 2016.

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New York to invest $127.7 million Volkswagen settlement in clean vehicles

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million received from the 2016 Volkswagen settlement to significantly increase the number of electric vehicles and other clean vehicles in the state. million as part of this legal settlement. New York Governor Andrew M. Cuomo announced that New York will utilize the $127.7

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US files civil complaint against Volkswagen, Audi and Porsche for alleged Clean Air Act violations

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The complaint alleges that nearly 600,000 diesel engine vehicles had illegal defeat devices installed that impair their emission control systems and cause emissions to exceed EPA’s standards, resulting in harmful air pollution. A civil complaint does not preclude the government from seeking other legal remedies. Audi A8 (2014–2016).

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Volkswagen confirms EA288 diesel engines designed for EU5 and EU6 not affected by defeat device software

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Volkswagen confirmed on Thursday that no software constituting an improper emissions control defeat device as defined in law is installed in vehicles with EA 288 EU5- or EU6-engines in the European Union. Remedial action on the vehicles will begin in January 2016 at no cost to customers. Earlier post.). Earlier post.).

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