Four Chrysler dealers shuttered during the automaker's bankruptcy have one less obstacle in their way to reopening following a US appeals court ruling. However, they still have to work things out with FCA.
Yes, things are getting worse for Segway. In 2010, the electric scooter was named one of the 50 worst inventions of all time. Later that year, the CEO of the UK sales company, Hesco Bastion, died piloting his Segway off a cliff and into a river. Now, Disneyland says that it's too dangerous to ride in its park, and a California appeals court agrees.
Big Oil's flagship trade association – the American Petroleum Institute – and eight other industry groups have filed with the US Supreme Court to stop higher blends of ethanol (specifically, 15 percent, or E15) from entering the US gasoline supply. They're asking the Supreme Court to overturn a federal appeals court's ruling that they lack standing to legally challenge the US Environmental Protection Agency's waivers that gasoline with 15 percent ethanol can be sold in the US.
The California Construction Trucking Association has filed a notice of appeal with the US Court of Appeals for the Ninth Circuit. It's the latest in a two-year legal battle against the California Air Resource Board's heavy-duty, on-road truck and bus regulations. The CARB diesel engine regulation will force the replacement of most diesel-powered commercial motor vehicles that don't meet 2010 US Environmental Protection Agency standards in order to operate in the state.
The National Automobile Dealers Association and the U.S. Chamber of Commerce recently petitioned the U.S. Court of Appeals to revoke a waiver granted in 2009 by the Environmental Protection Agency that permits California, along with 13 other states, to adopt stricter emissions policies than those required by the federal government. The waiver affects greenhouse gas emissions in vehicles manufactured between 2009 through 2016.
The state of Indiana has a big problem with Chrysler's bankruptcy proceedings. Indiana state treasurer Richard Mourdock explained that "Indiana retirees and Indiana taxpayers have suffered losses because of unprecedented and illegal acts of the federal government." The home of the Indianapolis 500 has $42 million worth of retirement funds invested in the Pentastar; less than 1% of the $6.9 billion in secured debt owed by Chrysler. Indiana's appeal of the Fiat sale officially puts any deal with t