March 22, 2014
Re "Toyota says it deceived consumers," March 20 If ever there existed a catalyst for changing the way this country deals with corporate crime, it has to be here now. On the heels of revelations that General Motors failed to take timely action to correct ignition switch problems that caused at least 12 fatalities comes Thursday's headline, "Toyota says it deceived consumers. " Really? Citizens United and Joe Isuzu notwithstanding, who is this person, "Toyota," and how does he get away with causing "hundreds of fatalities and injuries" through a "campaign of disinformation" to fool regulators and not go to trial and eventually to jail?
March 19, 2014 |
In a landmark settlement of criminal charges, Toyota Motor Corp. admitted deceiving regulators about deadly safety defects and agreed to pay $1.2 billion, the largest penalty ever imposed on an automaker. In the unprecedented deal with the U.S. Justice Department, the world's largest automaker admitted it misled consumers about two defects that caused unintended sudden-acceleration incidents - sticking gas pedals and floor mats trapping the pedals. “Toyota put sales over safety, and profit over principle,” said George Venizelos, assistant director of the FBI. “The disregard Toyota had for the safety of the public was outrageous.
March 7, 2014 |
Like young bucks at a county fair kissing booth, states are lining up for a chance to court Tesla Motors and its planned $5-billion battery factory. But fair warning, fellas: The intoxicating fragrance of Musk and his money masks a cold business heart. Already a loser in the race for this California girl's affections, though, is, well, California. Oh, sure, we're good enough to design and build the company's eco-luxe Model S. And Californians bought more than one-third of the $70,000-and-up cars last year.
March 4, 2014 |
Congratulations, Ukraine, you just won the lottery! Though, on this side of the world, it looks like we just gave $1 billion in aid to a country most Americans couldn't find on a map. Secretary of State John F. Kerry stopped off in Kiev on Tuesday, praising “these brave Ukrainians” who stood up to President Viktor Yanukovich, the deposed leader. Apparently, though, the “brave Ukrainians” are also the “broke Ukrainians.” PHOTOS: A peek inside 5 doomed dictators' opulent lifestyles As my colleague Carol J. Williams reported : “Kerry announced a $1-billion U.S. aid package to Ukraine and said the International Monetary Fund was working out details of a longer-term plan for rescuing the deeply indebted economy.
March 3, 2014 |
Apple on Monday announced that its automobile infotainment system, now called CarPlay, will make its debut this week in new vehicles from Ferrari, Mercedes-Benz and Volvo. The Cupertino tech company first unveiled plans for a car infotainment system last year, when it called the feature "iOS in the Car. " It's been a while since then, but Apple finally announced that the system will roll out with several new cars shipping this year. At the Geneva Motor Show in Switzerland, Apple said CarPlay will make it possible for iPhone users to conduct several tasks on their devices by giving voice commands to Siri.
February 27, 2014
The National Highway Traffic Safety Administration has launched an investigation into why General Motors Co. did not promptly recall more than 1.6 million vehicles after it learned that faulty ignition switches were causing fatal crashes. GM on Thursday issued its second apology for not moving faster to fix the problem, which is linked to 13 deaths in the Chevrolet Cobalt and other small cars. Safety experts praised the start of the investigation, which could result in up to a fine of up to $35 million, but faulted NHTSA for not taking action earlier, when it found out about the problem.