The United Auto Workers (UAW) union announced late Friday it had struck a favorable new contract deal for 7,300 Daimler Truck North America workers. The union had threatened a strike starting at midnight when their last contract expired.
Read MoreGM Sued Over DuraMax Diesel Emissions
Two owners of diesel-powered General Motors vehicles are accusing the car maker of producing an engine that exceeds U.S. standards for pollutant emissions under normal driving conditions, in a lawsuit that targets more than 700,000 Chevrolet Silverado and GMC Sierra Truck Models equipped with 6.6L Duramax Diesel Engines. The class-action lawsuit accuses GM of using “at least three separate ‘defeat devices’ to increase engine power and efficiency” in its Duramax…
Read MoreEPA Says Chrysler Cheated Diesel Emissions
The US Environmental Protection Agency has accused a second major car company, Fiat Chrysler, of cheating on its diesel emissions testing by using secret software applications in multiple models. The company’s Jeep Cherokee and Dodge Ram vehicles used “management software” that “increases air pollution” from nitrous oxide for three years, the EPA alleged in a notice of violation issued Thursday. Fiat Chrysler said it was “disappointed” in the citation, and…
Read MoreVolksWagen Deal Saves NaviStar from Bankruptcy
Four years ago, many believed Navistar was headed towards an almost certain bankruptcy. The truck maker had squandered billions on a diesel engine that didn’t win the approval of the Environmental Protection Agency, in a move insiders likened to “betting on the diesel version of Betamax when the rest of the world is going to VHS.” One of Navistar’s top shareholders, Carl Icahn, would often refer to then-CEO Daniel Ustian as a “crazy…
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