Federal authorities have charged two executives of a pair of Park Ridge alternative energy companies with participating in a biofuels scheme that defrauded taxpayers, consumers and investors of more than $100 million, and with spending the proceeds on real estate, jewelry, artworks and a Ferrari.
Monthly Archives: September 2013
U.S. Customs scolds Ford on ‘chicken tax’ maneuver
To avoid tax, all Transit Connects arrived as passenger vehicles. Even without a free-trade pact, Ford Motor Co. has leaned on European models such as the Ford Fiesta and C-Max to extend its U.S. product line. But that strategy can backfire.
Adrian van Hooydonk tests a luxury look for BMW’s future
Adrian van Hooydonk says eco-friendly vehicles are here to stay. In the i3, he says, “Every material we use can be recycled or has already been recycled.”
Automotive testing and engine expos to be held 22 – 24 Oct. in Michigan
The Automotive Testing Expo North America, showcasing cutting-edge automotive development technologies to the home of the U.S. motor industries in Michigan, will be held on Oct. 22 to 24 at The Suburban Collection Showplace in Novi, Mich.
The event, now in its 11th year, runs concurrently with the Engine Expo North America, featuring the latest in engine design and technology alongside exhibits of automotive production technology at the Automotive Testing Expo.
Webasto finds a way to boost U.S. output, not costs
Webasto Roof Systems CEO Erik Roeren: ‘Now we have more flexibility to move production up and down with the business.’
