(credit: Toyota) On Thursday, Toyota reached a settlement with the US government over a decade of noncompliance with Clean Air Act reporting regulations. Under the law, defects or recalls that affect vehicle emissions equipment have to be reported to the Environmental Protection Agency. But, says EPA assistant administrator Susan Bodine, “[f]or a decade Toyota failed […]
Tesla stock traded up 2.2percent in early afternoon trading Thursday since the organization declared $8.8 billion in annual earnings for the 3rd quarter, also, most importantly, $331 million in earnings –the firm ’s fifth consecutive quarter in the dark. Investors are still zero in about Tesla’s earnings, ever-bullish Dan Ives of Wedbush Securities claims. He […]
Five years later the Volkswagen emissions-cheating scandal is trying to find one of those most expensive business scandals ever. Still another former leading Volkswagen executive moved on trial lately, just more than five years following the scandal broke –and it is still nowhere near. For anybody who doubts that the damaging power of bad leadership […]