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Ford only automaker on Ethisphere Institute’s list of 2016 World’s Most Ethical Companies

Green Car Congress

Ford Motor Company is the only automaker named a 2016 World’s Most Ethical Company by Ethisphere Institute today; this marks the seventh consecutive year Ethisphere Institute has named Ford a World’s Most Ethical Company. Engine manufacturer Cummins, Inc. and Tier 1 supplier Delphi Automotive also made the 2016 list.

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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

The Volkswagen Group made progress in 2016 in overcoming its self-inflicted diesel crisis. Sales revenue in fiscal year 2016 rose by €4.0 The Group therefore reached not only its targets for 2016 but also a new record, helped in particular by increases in Western and Central European markets and in the Asia-Pacific region.

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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

liter engines for model years (MY) 2014 through 2016 that results in increased NO x emissions of up to nine times EPA’s standard. The vehicles covered by the new NOV are the diesel versions of the 2014 VW Touareg, the 2015 Porsche Cayenne, and the 2016 Audi A6 Quattro, A7 Quattro, A8, A8L, and Q5. Earlier post.). Earlier post.).

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Pacific states and BC agree to align GHG and clean energy policies; targeting 10% new vehicle ZEV purchases by 2016

Green Car Congress

The agreement has no legal effect and imposes no legally binding obligation. Taking actions to expand the use of zero-emission vehicles, aiming for 10% of new public and private vehicle purchases by 2016. The Pacific Coast already has the highest penetration of electric cars in North America.

Purchase 220
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FCA US reaches settlements on diesel emissions at estimated cost of $800M

Green Car Congress

FCA US will conduct an emissions recall to update emission control software in an estimated 100,000 model-year 2014-2016 Ram 1500 pickups and Jeep Grand Cherokee SUVs equipped with 3.0-liter Environmental Protection Agency (EPA) performed enhanced screening on diesel vehicles sold by all manufacturers. liter EcoDiesel V-6 engines.

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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.

Legal 150
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Tesla’s war against direct sales wages on with big win in Virginia

Teslarati

This decision goes against the wishes of the Virginia Automobiles Dealers Association (VADA), which will not plan a legal challenge. The Tyson’s Corner showroom, which is one of the Northern locations, was granted a license in 2016. Holcomb decided to grant Tesla permission to open the stores based on public opinion.

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