Remove 2016 Remove Installation Remove Legal Remove Parts
article thumbnail

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.

Cost Of 312
article thumbnail

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
article thumbnail

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

Green Car Congress

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

New York 231
article thumbnail

US charges former CEO of Volkswagen AG Winterkorn with conspiracy and wire fraud in diesel emissions scandal

Green Car Congress

The indictment unsealed today alleges that Volkswagen’s scheme to cheat its legal requirements went all the way to the top of the company. As part of its plea agreement with the Department, VW paid a criminal penalty of $2.8 The remaining three counts charge Winterkorn with wire fraud in connection with the scheme.

Diesel 170
article thumbnail

Tesla hit with $1.27M subrogation claim from State Farm in 2020 house fire

Teslarati

State Farm claims that a “defect in design or manufacture” of the couple’s 2016 Tesla Model S started the fire, and is seeking the $1.27 The suit says the family drove the Model S around that day to complete various errands, later returning home and attaching the vehicle to the charger installed in the garage.

2020 91
article thumbnail

California ARB Pulls the Plug on Cool Cars Regulation

Green Car Congress

After listening to this input and accounting for the legal deadline to finalize the rule, today we are announcing that the AB32 “cool cars” rulemaking will cease. Cool Cars specified that vehicle windows must meet certain standards for heat transmission.

article thumbnail

An Engineer Who Keeps Meta’s AI infrastructure Humming

Cars That Think

In January, Meta CEO Mark Zuckerberg announced that by the end of this year, the company will have installed 350,000 Nvidia GPUs —the specialized computer chips used to train AI models—to power its AI research. After several years traveling around Europe setting up this infrastructure, she took a managerial position in 2016.

Engine 106