48 min
The legal episode - 14 May 2024 Motoring Podcast - News Show
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- Automotive
FOLLOW UP: CAZOO TO ENTER ADMINISTRATIONThe online car retailer has taken the step to announce that it will appoint administrators for its subsidiaries to help protect them from creditor’s debt enforcement. Cazoo also stated, to investors, unless it found urgent investment it would fold. You can read more, by clicking this AMOnline article link here.
FOLLOW UP: TESLA AUTOPILOT UPDATE INVESTIGATEDThe National Highways Traffic Safety Administration (NHTSA) has written to Tesla seeking answers as to why their cars still keep crashing after the update to their driver monitoring system. Tesla has until 1 July 2024 to respond or face potential fines up to $135 million. If you wish to learn more about that, click this article link from The Register.
That is not all the news for Tesla though, US prosecutors are investigating the company over potential securities and wire fraud, over the capabilities of its driver assistance technology. This is purely an investigation and does not show any guilt, to be clear. On top of which, any prosecution would have to show a company deliberately inflating the capabilities rather than being optimistic about the future and failing to achieve that. Click this Reuters article for more.
FOLLOW UP: JLR OFFERS CONTRIBUTION FOR OWN INSURANCEAs part of the continuing battle to counter the issue of high costs of or even refusal for insurance coverage JLR has now added a £150 per month contribution, if they take out their bespoke version. This will last for three years. To learn more about this story, click this AMOnline article link here.
FOLLOW UP: DAIHATSU RESTARTS PRODUCTIONDaihatsu has finally restarted production in all four of its Japanese plants, following the safety test fraud scandal. Changes have been made to production, development the numbers of safety testing staff. If you want to learn more, click this article link from The Japan Times.
APRIL 2024 NEW CAR REGISTRATION FIGURESNew car registration figures for April 2024 has shown a 1% year on year. Fleet is doing all the lifting as Private registrations drop 17.7% year on year. BEV is up again, but only 15.7%, as petrol declines slightly and diesel drops further. Plug-in hybrid and hybrid share increases. SMMT are calling, once again, for help from the Government in a variety of ways that would encourage private buyers to purchase an electric car. Click here to read more, from the SMMT article.
Manufacturers are becoming increasingly vocal on the Zero Emission Vehicle mandate and how unworkable it is currently. With some suggesting they will pull out of the market, throttle combustion engine sales and more. Fleet customers are also being threatened, told they must purchase a certain percentage of EV in their order. To read more on this, click here for an article from The Guardian. If you wish to learn more about
FOLLOW UP: CAZOO TO ENTER ADMINISTRATIONThe online car retailer has taken the step to announce that it will appoint administrators for its subsidiaries to help protect them from creditor’s debt enforcement. Cazoo also stated, to investors, unless it found urgent investment it would fold. You can read more, by clicking this AMOnline article link here.
FOLLOW UP: TESLA AUTOPILOT UPDATE INVESTIGATEDThe National Highways Traffic Safety Administration (NHTSA) has written to Tesla seeking answers as to why their cars still keep crashing after the update to their driver monitoring system. Tesla has until 1 July 2024 to respond or face potential fines up to $135 million. If you wish to learn more about that, click this article link from The Register.
That is not all the news for Tesla though, US prosecutors are investigating the company over potential securities and wire fraud, over the capabilities of its driver assistance technology. This is purely an investigation and does not show any guilt, to be clear. On top of which, any prosecution would have to show a company deliberately inflating the capabilities rather than being optimistic about the future and failing to achieve that. Click this Reuters article for more.
FOLLOW UP: JLR OFFERS CONTRIBUTION FOR OWN INSURANCEAs part of the continuing battle to counter the issue of high costs of or even refusal for insurance coverage JLR has now added a £150 per month contribution, if they take out their bespoke version. This will last for three years. To learn more about this story, click this AMOnline article link here.
FOLLOW UP: DAIHATSU RESTARTS PRODUCTIONDaihatsu has finally restarted production in all four of its Japanese plants, following the safety test fraud scandal. Changes have been made to production, development the numbers of safety testing staff. If you want to learn more, click this article link from The Japan Times.
APRIL 2024 NEW CAR REGISTRATION FIGURESNew car registration figures for April 2024 has shown a 1% year on year. Fleet is doing all the lifting as Private registrations drop 17.7% year on year. BEV is up again, but only 15.7%, as petrol declines slightly and diesel drops further. Plug-in hybrid and hybrid share increases. SMMT are calling, once again, for help from the Government in a variety of ways that would encourage private buyers to purchase an electric car. Click here to read more, from the SMMT article.
Manufacturers are becoming increasingly vocal on the Zero Emission Vehicle mandate and how unworkable it is currently. With some suggesting they will pull out of the market, throttle combustion engine sales and more. Fleet customers are also being threatened, told they must purchase a certain percentage of EV in their order. To read more on this, click here for an article from The Guardian. If you wish to learn more about
48 min