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    • By Drew Dowdell
      The U.S. Security and Exchange Commission has filed suit in San Francisco on Thursday alleging that from April 2014 through May 2015, Volkswagen fraudulently issued more than $13 Billion in bonds and securities in the U.S. market.  During that time, the SEC alleges that Winterkorn and other senior management knew about the problem with over 500,000 diesel vehicles that exceeded legal emissions limits. 
      The suit says:
      Winterkorn resigned within days of the scandal braking in 2015. 
      Volkswagen said in a statement that the lawsuit is "legally and facturally flawed" and "the company will contest it vigorously".
      Volkswagen has already agreed to pay more than $25 billion in a settlement over the dieselgate scandal to buy back defective vehicles, paying fines, and setting up funds to help build out electric vehicle infrastructure. Winterkorn has already been charged in the US.

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    • By Drew Dowdell
      The U.S. Security and Exchange Commission has filed suit in San Francisco on Thursday alleging that from April 2014 through May 2015, Volkswagen fraudulently issued more than $13 Billion in bonds and securities in the U.S. market.  During that time, the SEC alleges that Winterkorn and other senior management knew about the problem with over 500,000 diesel vehicles that exceeded legal emissions limits. 
      The suit says:
      Winterkorn resigned within days of the scandal braking in 2015. 
      Volkswagen said in a statement that the lawsuit is "legally and facturally flawed" and "the company will contest it vigorously".
      Volkswagen has already agreed to pay more than $25 billion in a settlement over the dieselgate scandal to buy back defective vehicles, paying fines, and setting up funds to help build out electric vehicle infrastructure. Winterkorn has already been charged in the US.
    • By Drew Dowdell
      Herick Fisker is back again after his original company succumbed to bankruptcy in 2014.  Now as Fisker, Inc., the latest vehicle he is showing is an electric crossover concept.  While we have a picture, the technical details are light.
      The EV will be priced near $40,000 and have a 300 mile range.  Powered by an 80 kWh enhanced lithium-ion battery, there will be rear-motor rear wheel drive and optional dual motor all wheel drive available. 
      Fisker is planning on the not-yet-named SUV in late 2021, just about a year after the Tesla Model Y is due to hit the market.  Fisker is planning on a Telsa-Like online only sales model with "nationwide concierge service". 

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    • By Drew Dowdell
      Herick Fisker is back again after his original company succumbed to bankruptcy in 2014.  Now as Fisker, Inc., the latest vehicle he is showing is an electric crossover concept.  While we have a picture, the technical details are light.
      The EV will be priced near $40,000 and have a 300 mile range.  Powered by an 80 kWh enhanced lithium-ion battery, there will be rear-motor rear wheel drive and optional dual motor all wheel drive available. 
      Fisker is planning on the not-yet-named SUV in late 2021, just about a year after the Tesla Model Y is due to hit the market.  Fisker is planning on a Telsa-Like online only sales model with "nationwide concierge service". 
    • By Drew Dowdell
      Tesla unveiled their newest addition to their lineup, the Tesla Model Y, last night at an event in Los Angeles. 
      The Model Y is a crossover based on the Model 3 platform but is large enough to carry 7 adults. Inside, the high seating and panoramic roof lend a feeling of spaciousness.  A front trunk and split folding second-row seats provide a total 66 cubic feet of storage. Like on the Model 3, accessing the Model Y works from a connection to the driver's smartphone.  The Tesla Mobile App connects to features like remote door lock, Summon, remote pre-conditioning, location tracking, and more.  Tesla has built the Model Y to be the safest mid-size SUV with rigid body structure and large crumple zone.  
      The Model Y will come in 4 powertrain variants.  The Standard Range version will start at $39,000 plus $1,200 delivery charge. It will also be offered in Long Range, Dual-Motor All-Wheel Drive, and Performance.  The highest performance Model Y will have a 0-60 of 3.5 second and a top speed of 150 mph.  Standard Range battery will offer 230 miles of range while the Long Range version will offer 300 miles on a full charge. 

      Deliveries of the Performance, Long Range, and Dual-Motor models will begin in Fall of 2020 while the Standard Range will begin deliveries in Spring of 2021.

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