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League of Women Voters not sponsoring Debate on Aug 2
SEATTLE, WASHINGTON, USA, July 31, 2018 /EINPresswire.com/ — Would the League sponsor a US Senator Candidate debate on August 2 on TVW?
https://www.einpresswire.com/article/457205324/attorney-deal-challenges-maria-cantwell-to-debate-on-tvw-says-she-is-not-green-enough?ref=email&code=XD0Fa-WX2NTkx6Gb
News Release Is In Error!
Please be aware that contrary to the referenced press release —
The League of Women Voters of Washington will not be a sponsor for the debate that Mr. Deal suggests.
LWVWA only sponsors debates that it has worked to plan, using the rules for debate that the League has developed to ensure that all candidates are included in a fair and balanced exchange.
This is the first LWVWA is hearing about this suggested debate for August 2. Mr. Deal released the information prior to any contact with LWVWA.
LWVWA has had no contact with TVW nor any venue nor any candidates with regard to this debate.
League of Women Voters of Washington
IRS "Offshore Voluntary Disclosure Program" is ending September 28; affects taxpayers with undisclosed foreign assets
Richard S. Lehman, Tax Attorney in Boca Raton, FL
Website of Richard S. Lehman, U.S. Tax Attorney
Richard S Lehman, Video on IRS Amnesty FATCA and FFI Reporting on Youtube
Richard Sam Lehman, tax video on IRS Streamlined Compliance on YouTube
Office, Richard Lehman, Tax Attorney in Boca Raton, FL
Failure to report hidden assets abroad by the September 28 deadline may subject U.S. taxpayers to more severe penalties.
Richard S. Lehman, Tax Lawyer (N/A:N/A)
… Investigating offshore tax evasion remains a top priority for the IRS. … Furthermore, with the fast-developing analytics of today, it is much more difficult to hide bank accounts offshore …"
— Richard Sam Lehman, Tax Lawyer
BOCA RATON, FLORIDA, UNITED STATES, July 31, 2018 /EINPresswire.com/ — Foreign bank accounts are used by many American citizens and residents. And many such taxpayers may be unaware that such bank accounts must be declared to the U.S. Internal Revenue Service (IRS). Some taxpayers may intentionally hide such accounts from the IRS. In the United States, there is a legal requirement that all of these foreign bank accounts be reported to the United States on an annual basis, and that United States income taxes be paid on all of these bank deposit funds.
So far, U.S. taxpayers with such foreign bank accounts could report such accounts and come into compliance with lesser penalties based on the IRS "Offshore Voluntary Disclosure Program" (OVDP). OVDP is a voluntary disclosure program for taxpayers who have hidden foreign bank accounts and prefer to avoid potential criminal liability and/or substantial civil penalties. It commences by providing IRS Criminal Investigation (CI) with the taxpayer's name, address, taxpayer identification number and date of birth. The IRS then issues a "pre-clearance letter" and taxpayers proceed with a more complete disclosure in the form of a summary letter with exhibits ("Offshore Voluntary Disclosure Letter"). But this program will end in fewer than 60 days. After September 28, 2018, taxpayers will no longer be able to receive IRS clearance in advance (CI) to avoid severe penalties. Thus, it is extremely important for U.S. taxpayers to take advantage of clearing their unreported foreign bank deposits and other assets in the waning days of the OVDP.
Florida tax lawyer Richard Sam Lehman recently commented on this important deadline of September 28, 2018 for reporting such hidden foreign bank accounts, and suggests that affected taxpayers seek expert tax advice based on their specific situation.
Richard Lehman explains that the expiration of the of the OVDP does not indicate any change in IRS enforcement priorities. In fact, "Investigating offshore tax evasion remains a top priority for the IRS. The IRS continues to enforce offshore compliance with information received under the Foreign Account Tax Compliance Act (FATCA), which is the network of intergovernmental agreements among the U.S. and other countries, as well as sources such as the Department of Justice's Swiss Bank Program. Furthermore, with the fast-developing analytics of today, it is much more difficult to hide bank accounts offshore."
The Foreign Account Tax Compliance Act (FATCA) requires that foreign financial institutions report the foreign assets held by U.S. taxpayers, or be subject to withholding on certain payments. FATCA is an important means for controlling tax evasion, by requiring U.S. taxpayers with foreign financial assets outside the United States to report such assets on tax declarations.
U.S. Taxpayers who fail to report under the OVDP by September 28 may be subject to much more harsher penalties, explains Richard Lehman. "This includes a penalty for failing to file the Form TD F 90-22.1 (Report of Foreign Bank and Financial Accounts, commonly known as an "FBAR"). Generally, the civil penalty for willfully failing to file an FBAR can be as high as the greater of $100,000 or 50 percent of the total balance of the foreign account per violation. Even non-willful violations can still be subject to a $10,000 penalty per violation."
Several other penalties that may apply. There is a penalty for failing to file Form 3520, Annual Return to Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts. The penalty for failing to file, or for filing an incomplete return, is the greater of $10,000 or 35 percent of the gross reportable amount (with certain exceptions). Further, there is a penalty for failing to file Form 3520-A, Information Return of a Foreign Trust With a U.S. Owner. Taxpayers must report ownership interests in foreign trusts. The penalty for failing to file each one of these information returns, or for filing an incomplete return, is the greater of $10,000 or 5 percent of the gross value of trust assets.
In conclusion, Richard Lehman opines that "it is extremely important for taxpayers who have foreign bank deposits and other types of foreign assets to take advantage of the waning days of this program while they still have the opportunity. Otherwise they may face tax evasion charges with prison terms of up to ten years and a fine of up to $500,000. If you control such unreported foreign assets, then now is the time to seek expert tax advice."
The website of Richard Sam Lehman, Tax Attorney, which provides additional information, is https://www.lehmantaxlaw.com/
Mr. Richard Lehman's YouTube channel has several videos on this subject: https://www.youtube.com/user/rlehman33
Mr. Richard Lehman's video about The IRS's FATCA, Streamlined Compliance Procedure and other Amnesty Information is at https://www.lehmantaxlaw.com/fatca-streamlined-compliance/
Mr. Lehman's video about "The IRS Offshore Voluntary Disclosure Program" is at https://www.youtube.com/watch?v=sQnH7Vx0jRM.
IRS website about the OVDP https://www.irs.gov/newsroom/2012-offshore-voluntary-disclosure-program
Richard S. Lehman, Attorney at Law
United States Taxation and Immigration Law, LLC
Richard Sam Lehman, Tax Lawyer "New IRS Amnesty, FATCA & FFI Reporting" on YouTube
GOP Congressman Investigates Undisclosed Gold Market Intervention by China and the Exchange Stabilization Fund
Rep. Alex Mooney (R-WV) Calls Out Fed & Treasury for Dodging Questions on Gold Activities
The American people are entitled to transparency and accountability when it comes to the status and use of America's gold reserves."
— Stefan Gleason
WASHINGTON, D.C., USA, July 31, 2018 /EINPresswire.com/ — A member of the U.S. House Financial Services Committee is calling out the Federal Reserve and the U.S. Treasury for dodging questions about their activities involving America's gold reserves.
In a letter dated July 27, Representative Alex Mooney (R-WV) wrote to Jerome Powell, Chairman of the Federal Reserve, and Steven Mnuchin, Secretary of the U.S. Treasury, after receiving perfunctory responses to his April 24th letter, noting "a few questions were either not addressed at all or not fully addressed."
In particular, the Fed and Treasury would not articulate any U.S. policy toward gold and refused to comment on historical U.S. State Department documents pointing to a U.S. policy of "driving gold out of the world financial system in favor of the Federal Reserve Note or Special Drawing Rights issued by the International Monetary Fund."
In his follow-up letter, Rep. Mooney provided evidence of involvement by the Exchange Stabilization Fund in the gold market and called attention to "the recent correlation of the gold price with the price of the Chinese yuan and the valuation of the IMF's Special Drawing Rights."
"Do these correlations reflect surreptitious intervention in the U.S. currency markets by China and currency manipulation by China?" Mooney asked.
Mooney also provided a 2009 letter from then Fed Governor Kevin M. Warsh acknowledging the existence of Fed documents on gold swaps (while simultaneously refusing to provide them in response to a Freedom of Information Act request filed by the Gold Anti-Trust Action Committee).
Mooney asked Chairman Powell to reconcile the Marsh acknowledgement with his July 12, 2018, letter, including Powell's assertion that "The Fed does not engage, nor has it ever engaged, in gold swaps."
Rep. Mooney noted the Treasury did not appropriately answer his question regarding prior audits of America's gold reserves. In his July 11, 2018 response, Acting Assistant Treasury Secretary Brad Bailey merely discussed audits of gold compartment seals, and Mooney responded that a cursory examination of seals is "neither an inventory nor an audit of our nation's gold."
"This obfuscation by the Fed and the Treasury is unacceptable, and we are encouraged Congressman Mooney is calling them out on their game playing," said Stefan Gleason, president of the Sound Money Defense League and Money Metals Exchange.
"The American people are entitled to transparency and accountability when it comes to the status and use of America's gold reserves," continued Gleason.
Rep. Mooney has emerged as one of the most vocal members of the U.S. House of Representatives on issues such as inflation and the central role of gold in restoring sound money, stable prices, and fiscal discipline.
"The purchasing power of our currency has fallen some 97% since Congress passed the Federal Reserve Act in 1913, with an acceleration in the rate of decline occurring since the early 1970s when the final link to gold was severed," wrote Mooney.
Congressman Mooney's July 27 and April 24 letters – as well the responses from the Fed and Treasury to Mooney's first letter – can be accessed here.
Jp Cortez
Sound Money Defense League
Tax Lawyer Richard Sam Lehman starts legal blog and commentary on complex Tax Law Matters
Richard S. Lehman, U.S. Tax Attorney
Information on tax law developments now available on blog of tax lawyer Richard Sam Lehman; shares the experience gained in almost 50 years of tax practice
Richard Sam Lehman, Attorney at Law (N/A:N/A)
… In today's global market, international tax issues are as prevalent as domestic tax issues …"
— Richard Sam Lehman, Attorney
BOCA RATON, FLORIDA, UNITED STATES, July 31, 2018 /EINPresswire.com/ — Attorney Richard Sam Lehman, specializing in Tax Law, announced his new legal blog which will focus primarily on complex legal issues in Tax Law. It is, in essence, a front row seat to a timeless lecture and the quintessential master class.
"With all the recent changes that resulted from the "Tax Cuts and Jobs Act of 2017" (also referred to as "Trump Tax Cuts"), I felt that I could help explain the importance and impact of these tax changes," said Richard Lehman. "As a legal practitioner, I am sharing the experience I have gained in almost 50 years of solving complex Tax Law problems not only for individuals but for small businesses as well," Richard added.
The old adage states that the only thing certain in life is death and taxes. The statement should have included another fact and that is change. Taxes inarguably lead the way in terms of change. According to a recent survey, the public's collective opinion of the new tax laws mirrors their long-term expectations of the country. While 37% of Americans approve of the new tax laws, 46% criticize the changes; an astounding one out of every five persons offers no opinion on this crucial topic. In other words, aside from the experts like Mr. Lehman, no one truly knows the intricacies of the ever-changing tax laws.
With the extensive media coverage of everyone from reality stars to celebrities facing tax issues, the need for experienced lawyers like Richard S. Lehman has come to the forefront. Studies show that when it comes to an ideal tax lawyer, two key factors come into play. They want an attorney with specific experience in the field of taxation and one who has concentrated within that particular certain field, as in familiar with the laws and the protocols needed to address particular areas of tax relief.
"The best rule to follow in the field of tax law is to plan legal matters and obtain precision advice in advance to ensure commercial endeavors are completed at minimum tax costs and personal lives are minimally disrupted," adds Mr. Lehman.
But complex tax issues arise not only within the U.S. "In today's global market, international tax issues are as prevalent as domestic tax issues," states Mr. Lehman.
The Blog features legal analysis and commentary on precedential court decisions in the area of taxation, as well as regulatory developments. For example, the Blog includes several specialized articles on subjects such as "Favorable Tax Consequences Related to Ponzi Schemes and the Clawback," "Ponzi Schemes and Theft Losses, as well as articles on FATCA, Offshore Bank Accounts & Foreign Assets, Offshore Voluntary Disclosure Program (OVDP), and Streamlined Filing Compliance. Finally, Mr. Lehman notes as to the Offshore Voluntary Disclosure Program (OVDP): "It is important for U.S. taxpayers who still have unreported bank deposits to know that the OVDP program which applies to 'willful wrongdoers' will discontinue on September 28, 2018. Persons not in compliance may face massive financial and criminal penalties with little recourse."
Richard Lehman's blog is at http://richardlehmanblog.blogspot.com/
Richard Sam Lehman, "U.S. Taxation of Foreign Investors"
Noted Tax Attorney Richard Lehman reminds taxpayers of IRS upcoming deadline for reporting hidden foreign bank accounts
The IRS "Offshore Voluntary Disclosure Program" (OVDP) is ending September 28, 2018; taxpayers with undisclosed foreign bank accounts should seek tax advice.
Richard Sam Lehman, Tax Attorney (N/A:N/A)
… it is extremely important for taxpayers who have foreign bank deposits and other types of foreign assets to take advantage of … of this program while they still have the opportunity …"
BOCA RATON, FLORIDA, UNITED STATES, July 31, 2018 /EINPresswire.com/ — Many American citizens and residents have placed funds in foreign bank accounts all over the world. Some may be unaware that such bank accounts must be declared to the Internal Revenue Service (IRS). Other may intentionally hide such accounts from the IRS. There is a legal requirement that all of these foreign bank accounts be reported to the United States on an annual basis, and that United States income taxes be paid on all of these bank deposit funds.
Until now, taxpayers with such foreign bank accounts had an opportunity to report such accounts and come into compliance with reduced penalties under the IRS "Offshore Voluntary Disclosure Program" (OVDP). OVDP is a voluntary disclosure program for taxpayers who have hidden foreign bank accounts, and wish to avoid potential criminal liability and/or substantial civil penalties. It begins by providing IRS Criminal Investigation (CI) with the taxpayer's name, address, taxpayer identification number and date of birth. IRS then issues a "pre-clearance letter" and taxpayers proceed with a more complete disclosure in the form of a summary letter with exhibits ("Offshore Voluntary Disclosure Letter"). But soon this program will end. After September 28, 2018, taxpayers will no longer be able to receive IRS clearance in advance (CI) to avoid severe penalties. It is thus extremely important for taxpayers to take advantage of clearing their unreported foreign bank deposits and other assets in the waning days of the OVDP and seek tax advice.
Richard Sam Lehman, a highly respected Tax Law attorney based in Florida, today reminded U.S. taxpayers of this September 28, 2018 deadline for reporting hidden foreign bank accounts, and recommends that affected taxpayers seek expert tax advice based on their specific circumstances.
Mr. Lehman explains: "The closing of the OVDP does not indicate any change in IRS enforcement priorities. Investigating offshore tax evasion remains a top priority for the IRS. The IRS enforces offshore compliance with information received under the Foreign Account Tax Compliance Act (FATCA), which is the network of intergovernmental agreements among the U.S. and other countries, as well as sources such as the Department of Justice's Swiss Bank Program. Furthermore, with the fast-developing analytics of today, it is much more difficult to hide bank accounts offshore."
The Foreign Account Tax Compliance Act (FATCA) requires that foreign financial institutions report the foreign assets held by U.S. taxpayers, or be subject to withholding on withholdable payments. FATCA is an important tool to fight tax evasion, requiring U.S. taxpayers with foreign financial assets outside the United States to report such assets.
Mr. Lehman explains that taxpayers who fail to report under the OVDP by September 28 may be subject to much more severe penalties. "Among them there is a penalty for failing to file the Form TD F 90-22.1 (Report of Foreign Bank and Financial Accounts, commonly known as an "FBAR"). Generally, the civil penalty for willfully failing to file an FBAR can be as high as the greater of $100,000 or 50 percent of the total balance of the foreign account per violation. Even non-willful violations can still be subject to a $10,000 penalty per violation."
There are several other penalties that may apply. There is a penalty for failing to file Form 3520, Annual Return to Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts. The penalty for failing to file, or for filing an incomplete return, is the greater of $10,000 or 35 percent of the gross reportable amount (with certain exceptions). Further, there is a penalty for failing to file Form 3520-A, Information Return of a Foreign Trust With a U.S. Owner. Taxpayers must report ownership interests in foreign trusts. The penalty for failing to file each one of these information returns, or for filing an incomplete return, is the greater of $10,000 or 5 percent of the gross value of trust assets.
Mr. Lehman concludes that "it is extremely important for taxpayers who have foreign bank deposits and other types of foreign assets to take advantage of the waning days of this program while they still have the opportunity. Otherwise they may face tax evasion charges with prison terms of up to ten years and a fine of up to $500,000. If you control such unreported foreign assets, then now is the time to seek expert tax advice."
The Website of Richard S. Lehman is https://www.lehmantaxlaw.com/
Mr. Lehman's video about The IRS Offshore Voluntary Disclosure Program is at https://www.youtube.com/watch?v=sQnH7Vx0jRM. This presentation was recorded live on October 2, 2014 during the CPA Academy Live Webinar. The objective of this presentation is to advise practitioners and taxpayers of new IRS' rules and regulations governing the report and the taxation of income from foreign bank accounts and foreign assets; and the penalties and relief provisions resulting from the holding of unreported foreign assets and foreign bank accounts by United States taxpayers.
The IRS maintains a web page with Q&A about the closure of the program at https://www.irs.gov/individuals/international-taxpayers/closing-the-2014-offshore-voluntary-disclosure-program-frequently-asked-questions-and-answers
The IRS web page about the Foreign Account Tax Compliance Act (FATCA) is at https://www.irs.gov/businesses/corporations/summary-of-fatca-reporting-for-us-taxpayers
Richard Sam Lehman, Attorney at Law
The IRS Offshore Voluntary Disclosure Program – Richard S Lehman, Esq., explains the updates
Brett H. Pritchard on the School Bullying Pandemic
Law Office of Brett H. Pritchard Says Bullying Needs to Be Addressed
Law Office of Brett H. Pritchard on the Bullying Epidemic
Brett and Cindy Pritchard at the Law Office of Brett H. Pritchard in Killeen
Study shows that a third of students will be bullied this school year. Brett H. Pritchard and the Law Office of Brett H. Pritchard says the time to act is now.
With major steps like this toward mentally safer learning environments, we will take steps toward physically safer schools."
— Brett H. Pritchard
KILLEEN, TX, USA, July 30, 2018 /EINPresswire.com/ — Having written on security measures in response to the school safety issue, Brandon Pritchard believes that schools must defend themselves from both exterior and interior threats. Pritchard connects the school bullying problem to the mental health and school safety debate, noting that it cannot be overlooked. Schools, research and governments must combine to effectively to curb the often-forgotten problem of school bullying.
Pritchard elaborates on how effective anti-bullying laws incorporate all these three spheres in his article for LinkedIn. Anti-bullying school programming and policy must be re-energized and renewed. Laws must reflect that this is an issue in 2018, not 2008, when many states signed anti-bullying legislation. Research must reflect bullying within the context of changing political and cultural climates, and this research should be integrated into school and state policy.
The first anti-bullying law was signed in Georgia in response to the Columbine Massacre because the gunmen had planned the attack as retaliation for the bullying they endured while attending the school. That was back in 1999 and Montana was the last state to sign anti-bullying legislation.
In the first decade of the 2000s, movies and documentaries related to bullying emerged. The news began reporting on extreme bullying cases, and schools and governments were responding, shifting toward intolerance. The public came to acknowledge the non-physical types of bullying: verbal, emotional, sexual, cyber. It was not until 2015 that Montana, the last state with no anti-bullying law, signed legislation.
National Center for Educational Statistics (NCES) found that 33 percent of students who reported being bullied at school indicated that they were bullied at least once or twice a month during the school year. This shows that students most often experience bullying in a chronic sense. It recurs. The federal government began data collection on school bullying in 2005, when the prevalence of bullying was around 28 percent. With a political and cultural shift toward awareness, this figure has decreased some. NCES found that more than one out of every five (20.8%) students report being bullied in 2016. This is a 7.2% decrease for an eleven-year difference.
With the historical and cultural context summarized above, Pritchard points out that many schools' programming about bullying feels antiquated and is difficult for students to relate to. He elaborates in his Patch Op-ed, inquiring how they could be expected to identify bullying happening around them when students are being taught with, "the 2012 movie 'Cyberbully', equipped with 2010 sliding phones with qwerty keyboards and obsolete versions of social medias we use today."
In his LinkedIn article, he also stresses holistic approaches to bullying, such as "positive behavioral interventions and supports" (PBIS). PBIS focuses on the whole student within the context of the climate of the school. "For a problem as complex as bullying," he writes, "within a problem as complex as mental health and school safety, approaches such as these will be impactful." They feel fresh, he stresses.
Pritchard's article argues that schools should base their policy and practices on research. Research shows that a slightly higher percentage of female than of male students report being bullied at school (23% vs. 19%), for example. Conversely, a higher portion of male than of female students report being victims of physically bullying (6% vs. 4%) and harmful threats (5% vs. 3%; (NCES, 2016). With this information, teachers can better notice the signs of bullying.
For teachers to do this, though, schools need access to current research reflecting our changing culture and political climate. Schools should implement relevant, modern anti-bullying processes and programming. Laws and political policy need to reflect and stress that the bullying problem is not gone "[S]chools, researchers and governments must combine and focus their efforts to curb the often-forgotten problem of school bullying," Brett H. Pritchard reiterates, "With major steps like this toward mentally safer learning environments, we will take steps toward physically safer schools."
Brett H. Pritchard
Law Office of Brett H. Pritchard
Kimlin Johnson, Author of AUTHENTICITY, ACCOUNTABILITY & AMBITIONS, Celebrates Book Release with Book Signing Party
Kimlin Charise Johnson
Johnson seeks to encourage readers toward the need for authenticity, accountability and ambitions among all Americans who want to make America better.
LOS ANGELES, CA, UNITED STATES, July 28, 2018 /EINPresswire.com/ — Honoring her August 1, 2018 book release, acclaimed author Kimlin Charise Johnson will celebrate the launch of her highly anticipated book, AUTHENTICITY, ACCOUNTABILITY & AMBITIONS (AAA) on the next day August 2, 2018 by hosting an exclusive book signing on the patio at Maggiano's at the Grove Los Angeles, (5:30pm-8:00pm PST). "This inaugural kick off for AAA will honor the people whose selfless efforts helped bring this book to fruition," Johnson joyously exclaims.
Using historical events and examples from her own life, Johnson seeks to encourage readers toward the need for authenticity, accountability and ambitions among all Americans who want to make America better through positive change.
"Part history, part memoir and part self-help, this inspired book is designed to enlighten its readers on racism and ridicule in the 21st Century, years after the monumental Civil Rights movement," Johnson shares. "AAA is a call to action, but more importantly, it seeks to discuss how Blacks treat each other and how to resolve this issue."
AUTHENTICITY, ACCOUNTABILITY & AMBITIONS (AAA) is expertly broken up into four key sections that teach readers about the "untaught history of America", Johnson's personal challenges and triumphs as a strong Black woman, mother, and wife, as well as a myriad of ways that Black Americans can empower each other and themselves.
Beloved Reverend Cecil L. "Chip" Murray offers exclusive interviews and commentary in AAA, further supporting and honoring Johnson's stalwart and important mission on improving people's lives. "This book will be a model for any truly discerning reader, for it teaches the value, the proper value of self evaluation," Reverend Murray expresses.
Although everybody, regardless of age or race, will find significant value in the book's integral message of civil unity, the target audience is geared toward college students, who are our nation's future lawmakers and leaders.
"Ten percent of purchase proceeds of AAA will go toward www.b-relyt.org my non-profit organization that strives to empower students. Our vision is that spending extra time on science and math academic curricula will provide the educational and emotional support necessary for underserved children to thrive in America," Johnson concludes.
Kimlin Johnson's Instagram: kimlin_aaa
Aurora DeRose
Enterprise CEO Pamela Nicholson Subpoenaed to Testify in Lee County Theft Trial
Enterprise Holdings CEO Pamela Nicholson commanded to appear and testify in Lee County civil theft suit
National Car Rental 'ding and dent' civil theft plaintiff demands opportunity for direct examination of rental behemoth chief executive
ST. LOUIS , MISSOURI, UNITED STATES OF AMERICA, July 27, 2018 /EINPresswire.com/ — SubscriberWise, the nation's largest issuing CRA for the communications industry and the leading protector of children victimized by identity fraud, announced today three individual witness subpoenas to appear and testify at the civil theft hearing, Howe vs. Enterprise Holdings, Inc., in the County Court of the Twentieth Judicial Circuit in and for Lee County Florida. The trial is scheduled for August 22, 2018, in Fort Myers, Florida, Honorable Archie B. Hayward, Jr.
Related: Lee County Honorable Archie B. Hayward Jr. Receives Jury Request from National Car Rental Fraud Victim, SubscriberWise Confirms — https://www.businesswire.com/news/home/20180716005406/en/Lee-County-Honorable-Archie-B.-Hayward-Jr.
"The witness list is complete," commented David Howe, National Car Rental 'ding and dent' fraud victim. "And it's far from substantial in terms of the number of witnesses needed because the Lee Port Authority Police official report effectively contains all the sworn testimony necessary to prove intentional negligence and fraud well beyond the preponderance which is required of the plaintiff.
"In addition to two local managers who had involvement with the 'ding and dent' predatory encounter at the SW FL Fort Myers International Airport National car rental counter, I have asked the Lee Clerk of the Court to command CEO Pamela M. Nicholson to appear and testify. I've also spoken with the St. Louis Sheriff today and have advised their office to expect the subpoena for personal service in Clayton, MO.
"From my perspective – as a victim like the myriads and myriads of others across this nation – it's critical to know if the CEO is aware of the harmful practices, including but not limited to predatory arbitration clauses and unfair adhesion contracts that effectively ensnare wholly innocent consumers with ease at virtually any opportunity and without a shred of evidence of liability. It's critical to know if the CEO is planning fundamental changes to internal processes for not only USA citizens, but also for our sisters and brothers from around the globe who have also been victimized with ease.
"And it's critical to obtain the CEO's sworn testimony so that lawmakers can be better informed about the state of the industry, including the problems and the solutions that only common sense regulation can resolve," Howe added.
"Yes, it's time for the car rental industry – and Enterprise Holdings in particular, to move beyond the inadequate protocols of asking individuals to record vehicle damage on rudimentary 'damage' slips as evidence of condition," continued Howe. "It's time to expose and mitigate the remarkable financial risks associated with the so called 'Expedient' rental process that virtually guarantees victimization against consumers who merely expected the good faith and fair dealing covenant when they drove off with a rental chock full of pre-existing 'wear and tear', as well as other minor conditions for which civil theft is perpetrated with incredible frequency and ease.
"Yes, it's time to progress to the digital age and provide both consumers and rental agencies high-resolution digital photographic evidence of vehicle condition so that there's no longer a doubt…and no longer a huge financial motive by predatory agencies to fleece innocent victims — which is exactly why the industry prefers to operate in the dark ages, literally," concluded victim Howe.
"Enterprise has been accused of running a ding-and-dent scam so often by readers of this site, I've lost count." — Christopher Elliott, Consumer Advocate at Elliott.org
"There's literally hundreds of these [Enterprise consumer complaints]. It's truly remarkable." — Lindsey Sablan, Anchor/Call for Action Reporter at Wink News
Enterprise Rental Scam (FOX News) – Man says rental car company charging for damage that doesn't exist — https://kdvr.com/2016/06/06/man-says-rental-car-company-charging-for-damage-that-doesnt-exist/
Enterprise Rental Scam (CBC) – Enterprise Rent-A-Car credits customer $4,000 after Go Public investigates — http://www.cbc.ca/news/canada/british-columbia/enterprise-rent-a-car-improperly-charges-customer-1.3466025
Enterprise Rental Scam (Raycom Media) – Enterprise Rental Company is demanding $600 for damage — http://raycomgroup.worldnow.com/story/31190715/car-rental-company-is-demanding-600-for-damage
Enterprise Rental Scam (CBS News) – Enterprise Car Rental Company charges $500 for phantom hail damage — https://denver.cbslocal.com/2016/05/11/enterprise-rent-a-car-hail-damage-refund/
Enterprise Rental Scam (Wink News) – Sanibel couple charged for under-car damages to rental — http://www.winknews.com/2016/02/29/sanibel-couple-charged-for-under-car-damages-to-rental/
About SubscriberWise
SubscriberWise® launched as the first issuing consumer reporting agency exclusively for the cable industry in 2006. The company filed extensive documentation and end-user agreements to access TransUnion's consumer database. In 2009, SubscriberWise and TransUnion announced a joint marketing agreement for the benefit of America's cable operators (http://newsroom.transunion.com/transunion-and-subscriberwise-announce-joint-marketing-agreement). Today SubscriberWise is a risk management preferred-solutions provider for the National Cable Television Cooperative.
SubscriberWise contributions to the communications industry are quantified in the billions of dollars annually.
SubscriberWise
National Car Rental manager recognizes normal 'wear and tear' instantly and dismisses need to report
Ball State U and Muncie – Felix Rippy on Universities' Duties to Save Local Public Schools
Professor Felix Rippy Writes On Ball State takeover of Muncie Schools
Felix Rippy Op-ed
Felix Rippy is a professor and commentator on public policy issues, especially dealing with public education and funding.
INDIANAPOLIS, IN, UNITED STATES, July 27, 2018 /EINPresswire.com/ — Public policy researcher and professor, Felix Rippy discusses the new solution to failing public schools: a university takeover. As Muncie Community Schools were in deep debt, neighboring university Ball State decides to step in. In his USA Herald Op-Ed, Rippy asks how they could just "sit back and watch [their] local feeder schools close or fail[.]" Especially, he emphasizes, because Ball State University was founded as a teaching college.
The Op-Ed recalls the single other university-school district partnership such as this in American history, Boston University's (BU) takeover of failing public schools of nearby Chelsea, MA. Similarly, to Muncie schools, Chelsea's school district was in debt, and struggling to keep students from fleeing to other schools. BU first came to control Chelsea schools in 1989 and gave the reins back in 2008.
After two decades of partnership, Chelsea schools were graduating more high schoolers, had art and music programs in their elementary and middle schools, and were offering many Advanced Placement courses in their high schools. Though, the school district was not 100 percent better, these and other massive improvements detailed in Rippy's discussion make this solution successful.
Felix Rippy discusses universities' networks and resources that make this solution so impactful. These abilities combined with a vested interest in the success of these local "feeder schools" creates a welcoming environment for university takeover. Further, Rippy points out that while Boston University is private, Ball State's status as a public college adds a responsibility to give back to the local community that supports its function. By this formula, a plethora of universities across the country have a duty to serve their local public schools.
From BU to Ball State, just how the university in question gained power over their respective school district marks a change in education reform. In 1989, BU took control through a simple vote by Chelsea officials. In 2018, an Indiana house bill has been passed to monitor and handle financially struggling school districts. First, a special state-level board votes on whether the state assumes responsibility of the failing school district. Then, the board moves to revoke many powers of the school district's board, like hiring and firing power of the superintendent. At a point in the process, the school is open to university intervention. All of this is possible through Indiana House Bill 1315.
Felix Rippy's review of this historic event leaves an air of positivity. Failing school districts are a burden on their state and municipality, let alone the students they are supposed to be serving.
With the partnership between Boston University and Chelsea as an example, Ball State is sure to bring positive change to Muncie schools. Rippy describes this "innovative Indiana law" as a beacon of hope for struggling schools everywhere if other universities join in the effort.
Felix Rippy
Professor Felix Rippy
Gov. Cuomo & Denise Miranda's Medicaid Fraud & Cover-up Scheme
Gov. Andrew Cuomo and Denise Miranda must be stopped, they are involved in a massive Medicaid fraud ponzi scheme and they are covering-up thousands of sexual assaults, rapes and deaths of people with disabilities
The Medicaid fraud is in the billions and the crimes against the disabled are in the tens of thousands
The main motive behind the criminal cover-ups of sex crimes, homicides and assaults within Governor Andrew Cuomo's fraudulent Justice Center is MEDICAID FRAUD."
— Michael Carey – Civil Rights & Disability Rights Advocate
ALBANY, NEW YORK, UNITED STATES, July 27, 2018 /EINPresswire.com/ — The Jonathan Carey Foundation and its founder Michael Carey have done everything possible to force Governor Andrew Cuomo and Denise Miranda, the current Executive Director of the Justice Center to cease and desist from committing State and federal crimes and from defrauding the federal government to no avail. Both Gov. Cuomo and Denise Miranda have dug in their heels and have refused to stop the massive theft and criminal cover-ups, which has led to staggering numbers of preventable deaths and has severely damaged countless lives.
"New York State and private providers contracted by the State are defrauding the federal government; they are violating federal law and stealing billions of dollars that are supposed to be used to provide safe care and services for people with disabilities." – Michael Carey – Civil Rights and Disability Rights Advocate & Whistle-blower
The main motive behind the criminal cover-ups of sex crimes, homicides and assaults within Governor Andrew Cuomo's fraudulent Justice Center is MEDICAID FRAUD. New York State is using money billed for and intended to go to caring for people with disabilities for other purposes. The second main motive for these crimes is protecting both State and private providers from multi-million dollar justified lawsuits in which they are responsible for the deaths or rapes in their facilities and group homes because of their gross negligence. The next motive is to protect the State of New York from paying out crime victims funds estimated at approximately one billion dollars annually. I will explain this a little further; when a person is a victim of a crime, they themselves, if still alive, and their family members are entitled to crime victim benefits such as funeral expenses, medical expenses, therapy, etc. The corrupt Justice Center ensures that almost all crimes committed against the disabled are deemed to not really be crimes on paper, when they clearly are crimes. As you can see all these motives surround money, lots of money, billions of dollars in fraud and theft. The people that are directly responsible for these State and federal crimes are Governor Andrew Cuomo and Denise Miranda.
"What the general public hasn't recognized is that we tax payers are funding the states successful cover-up of Medicaid waste and fraud, discrimination, physical violence and sexual assaults. All of which remains freely permitted to thrive off of the backs of people with disabilities who are dependent on New York state operated care for their lives. This gross fact has yet to be exposed because the scheme is exclusively lucrative for the state's political arena and to date, the only authorities to investigate matters are proven to be either politically affiliated or an agency of the state." – Andria Berger – Advocate for People with Disabilities & Whistle-blower
It is time for federal criminal investigations of Governor Andrew Cuomo, Denise Miranda and everyone else involved in such a scandalous and criminal enterprise. Covering-up thousands of crimes committed against people with disabilities and protecting countless sexual predators, pedophiles, rapists and people that harm or cause the death of a person with disabilities is sickening, it is lawlessness and it is some of the worst corruption imaginable.
Michael Carey
The Jonathan Carey Foundation
The incredible life and tragic preventable death of Jonathan Carey, who was disabled, had autism, was non-verbal & only 13 when he was killed by his caregivers
Automotive Body Mounts Market: Global Share, Size, Trends and Growth Analysis Forecast to 2020-2025 January 17, 2020
Global Military Helicopter MRO Market 2020 Share, Trend, Segmentation and Forecast to 2026 January 17, 2020


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PreSonus has announced the StudioLive 16.0.2 USB, a compact, portable, and rack-mountable (optional), 16-channel digital recording and performance mixer.
Designed for both studio recording and live sound, StudioLive 16.0.2 USB is ideal for small bands, personal studios, intimate clubs, small churches, community organizations, rehearsal spaces, and other applications where you need a compact, high-quality live-mixing and recording system.
The StudioLive 16.0.2 USB offers the same superb audio quality as the original StudioLive 16.0.2, including 32-bit floating-point processing; XMAX Class A mic preamps; and 24-bit, 48 kHz Burr-Brown digital converters with 118 dB dynamic range. Its feature set and familiar, analog-like mixing surface are virtually the same. However, the new mixer replaces the older unit's FireWire 400 recording and control interface with an 18×16 USB 2.0 interface that works with any Mac or Windows audio software that supports Core Audio or ASIO.
The 16.0.2 USB's Fat Channel processing section provides a full complement of processing that would normally require racks of outboard gear, including a, compressor, limiter, downward expander, and 3-band semi-parametric EQ available on every channel, every aux bus, the two onboard effects outputs, and the main bus. The Fat Channel also offers extensive LED metering; mixer save/recall; and channel-strip save/recall/copy/paste. The new mixer also sports a pair of programmable, stereo, 32-bit floating-point effects processors, loaded with reverb and delay presets and assigned to dedicated FX buses.
The new mixer comes with the latest PreSonus software suite, including Capture™ recording software, Studio One® Artist DAW, and Studio Magic Plug-in Suite for Mac® and Windows®; UC Surface control software for Mac, Windows, Android™, and iPad®; and QMix®-UC monitor (aux) control software for iOS® and Android devices.
Outstanding ease of use, superb sound quality, roadworthiness, extensive onboard processing and metering, a tightly integrated USB 2.0 interface, state-of-the-art recording and control software—the StudioLive 16.0.2 USB delivers everything you need for small-scale studio and live applications.
The StudioLive 16.0.2 USB is expected to ship in late summer with a U.S. street price of $1,099.95 USD.


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Apollo Tyres' design studio
in Tyre Talk — by CV Admin —	July 1, 2019
Story by:
Sricharan R
Launching its first Apollo Truck Tyre Zone (ATTZ) in Malaysia as part of the focus to provide consumers with convenient access to its products and services, Apollo Tyres is claimed to be working on an ambitious plan to set up a design studio at Chennai. It is likely to be situated within the R&D facility of the CV tyre major and help the CV tyre major to perform various visualisation activities. Said to be a part of the company's strategy to stay agile and tap the new trends in road transportation, which will call for substantial improvements in efficient energy management, the design studio is expected to help Apollo Tyres to use various digital platforms to turn out superior products and solutions. With tyre contribution set to play an ever-increasing role in reducing vehicle carbon footprint, the design studio is expected to play a key role in activities like tyre tread design, which calls for a balance between advanced engineering and appearance. Activities such as these would mean a significant upgrade in design talents over time with the setting up a studio.
Offering a vast portfolio of tubeless and tube type tyres for CVs, passenger vehicles and two-wheelers, Apollo Tyres, by the setting up a design studio, is expected to profit from an ability to explore new markets and further strengthen its position in the markets that it is already present in. Claimed to be the 11th largest tyre manufacturer globally, Apollo Tyres, incorporated in 1972, has come to market products under the Apollo and Vredestein brand (Apollo Tyres acquired Vredestein Banden BV in 2009). Having a vast network of branded, exclusive and multi-product outlets, the tyre manufacturer, with facilities in India, the Netherlands, and Hungary, is said to spend close to 2.5 per cent of its revenue on R&D. Having clocked a turnover of USD 2.28 billion in FY2018, Apollo tyres, with an R&D center at Chennai in India, and at Enschede in the Netherlands, has 69 per cent of its revenues coming from India. Europe contributes 26 per cent. The other markets contribute the remaining five-per cent revenue.
With the design studio expected to provide a significant boost in terms of product proliferation, Apollo Tyres, according to PK Mohamed, Chief Advisor, R&D, is augmenting its abilities at various levels. "We have been upgrading our equipment on a constant basis," he informed. Mohamed stated that the company spends every year on upgradation. Looking at elevating the (R&D) center to international levels in the next five years, Apollo Tyres, said Mohamed, "Is setting up a new design studio with various important aspects apart from visualisation. Through the design studio, the Cv tyre major is planning to utilise its digital prowess to increase productivity by a big margin. By setting up the design studio and further upgrading various R&D functions, the company is also looking at engaging talent. It will be increasing the R&D manpower over time.
Tyre engineering
By setting up a design studio within its R&D facility at Chennai, Apollo Tyres is aiming at a significant technology up-gradation. This is expected to help the company to indulge in a high level of tyre engineering. With an eye on many advanced markets of the world, the company is looking at a significant boost in all that it does. Said Mohamed, "There are three important aspects of a tyre – safety, comfort, and economy. The economy bit could be split into mileage and rolling resistance. The safety bit could be split into aspects like braking distance, traction, cornering, etc. The comfort bit could be split into mechanical and accosting comfort. If the three important aspects make a tyre a highly engineered part of an automobile, importance has to be given to technology." Highly engineered with much involvement of technology, a tyre is a complex component indeed. It incorporates, according to Mohamed, specialised polymers to enhance safety. It also incorporates silica through a complex technological process called as tandem mixing. Apollo Tyres is claimed to be the only company in India to have tandem mixing technology.
Claimed to have invested Euro 24 million to acquire tandem mixing technology, the company, said Mohamed, has a specialised division for polymers. "There's an extended division in the Netherlands as well," he revealed. Stating that they have got a deep understanding of the safety aspect of the compound, Mohamed explained that inputs from India and the Netherlands are taken into account. Making highly safe tyres, the company has invested a lot in its plant in Chennai. Right from mixing to curing, Apollo Tyres, in order to reduce the acoustics and vibrations, is performing a considerable computer-aided simulation." Much attention is being paid to the comfort aspect; to the mechanical comfort; the geometry of the tyre, and the precision of placement of the tyre. For the economy part, the rolling resistance of the tyre has been optimised such that the tyre would provide good mileage, traction, and less rolling resistance. Said Subhendra Baksi, Head, R&D PV (AMPEA), "On a tyre, there are around 16-18 components. There is much precision involved. Only around four to six inches of the tyre makes contact with the road. It is these four to six inches of contact patch that handles load transfer, braking, etc. A tyre is all about pure engineering. It is supported by chemistry."
Stressing on the four megatrends — electrical, electronic, EVs and shared mobility — witnessed by the tyre industry that is also tackling technological challenges, Mohamed drew attention to the shift from a steam engine to an IC engine. He termed it as significant. In terms of speed, the tyre has to meet challenging requirements, he added. With the shift from the IC engine to electric systems, aspects like track, rolling resistance, noise, and durability are proving to be challenging, explained Mohamed. He stated that Apollo Tyres is well equipped to tackle such challenges and employs 220 people at the Chennai R&D center. The Enschede R&D center employs 180 people. Working on truck tyres with a focus on mileage and durability in mind, the tyre manufacturer is exploring nanomaterials. It is working with Mahatma Gandhi University and has got a patent on the subject. Having developed a nano-based compound, Apollo Tyres is looking at further developing it. It is looking for an amount of industrialisation.
The Indian scenario
Using silica tech to help the tyres that it manufactures to withstand the Indian rough road conditions, Apollo Tyres is fast shaping into a global entity where the teams at Enschede and Chennai work in close coordination. Supplying tyres to low as well as high-end vehicles, the company saw its winter tyre being rated as the number one tyre in the European markets. If this is any encouragement, the CV tyre manufacturer is closely following the rising radialisation of CV tyres in India. Of the opinion that the Indian customers look at mileage as compared to the European customers that look at traction, resistance, and mechanical comfort, Mohamed said, "There are several aspects regarding the rolling resistance of a tyre. These include sustained speed, driver habits, and inflation pressure." Stressing on the need for good roads, Mohamed explained, "Truck radialisation is at 47 per cent in India. In the next 10 years, every vehicle will have radial tyres." Drawing attention to a draft that has been approved by the government and is awaiting implementation, Mohamed expressed that Apollo Tyres is entering two-wheeler tyre manufacturer.
Manufacturing prowess
Setting up a new two-wheeler manufacturing facility at Baroda, Gujarat, Apollo Tyres is investing close to Rs.100 crore. Developing tyres that will address the needs of high-end vehicles, the company is looking at offering all types of tyres. The Baroda facility, once operational, will make 2000 tyres. The capacity will over time be ramped up to 4000 tyres. Selling close to three lakh tyres per month, Apollo tyres is chalking out an ambitious plan to expand its reach, and be found in all tyre segments,
Tags: Apollo Tyres, Design studio, R&D Centre
Author: CV Admin
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Volkswagen Golf komt in driekamp met 1-serie en Focus niet als beste uit de bus
Newsflash: Volkswagen ID.4 cross-over debuteert in april
Prijs vergelijking BMW M2 CS
Angst voor E10 zorgt voor grotere vraag naar premium benzine
Invallen bij Mitsubishi vanwege diesel fraude
Daimler geeft winst waarschuwing ondanks komst vernieuwde Mercedes E-klasse
Tesla noemt plotseling accelereren "totale onzin"
Prijs vergelijking BMW 318i
Plug-in met de Franse slag: test Peugeot 508 Hybrid 225 GT
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Exclusief: lezers preview nieuwe Ford Kuga
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Door Toralt Deinum 26 juli 2019 Nieuwstelex
+++ On sale since 2017, the ALFA ROMEO Stelvio is getting ready for its first mid-life update. I've already spotted prototypes during cold weather testing earlier this year, but now it's time to change the winter scenery for the arid landscape of southern Spain where Alfa Romeo engineers are currently assessing the Stelvio in hot weather. Compared to the previous sighting, the camouflage is lighter, especially on the rear quarter panels and the front fenders. The bumpers continue to be covered with tape but they don't seem to get significant changes. Still, new full LED headlights are expected as testing moves on. Interestingly, both the front and rear badges are camouflaged; could Alfa Romeo apply an update to its corporate logo as well? The interior photos which are from the last sighting reveal a newly-designed center console with a slightly different look for the gear shifter as well as the relocation of the button for the electronic park brake which now sits next to the transmission lever. The armrest between the seats features a new design as well. Alfa Romeo is also expected to give the facelifted Stelvio a digital instrument cluster as an option. Updates to the infotainment system should be in the cards too. Word on the street is that Alfa Romeo's first SUV will also gain mild hybrid technology but nothing is confirmed so far. We should learn more as we approach the launch of the facelifted Alfa Romeo Stelvio which is likely to happen either towards the end of this year or in early 2020 at one of the major upcoming auto shows. +++
+++ BMW 's M performance car division is finalising development of a lightweight version of its highly acclaimed M2. Carrying the German company's CS name into production in early 2020, the new coupé builds on developments brought to the current M2 Competition in a move that is expected to make it challenge the new Porsche 718 Cayman GT4 for dynamic ability. The new M model will act as a swansong for the existing first-generation M2 ahead of the launch of a new rear-wheel-drive successor model in 2021. Among the changes brought to the M2 CS is a revised aerodynamic package consisting of a deeper front bumper that features a more pronounced lower lip, revised side sills, larger rear deck spoiler and reprofiled rear bumper. More significant, however, is the replacement of the M2 Competition's steel roof with a carbonfibre one, already optionally available through BMW's M Performance catalogue. It reduces the weight of the new car by only 5kg, but the reduction is made at the highest point of the M2 CS, giving it a lower centre of gravity than its standard sibling. Together with the new roof, there's also a series of weight-saving initiatives concentrated within the interior, which is described by BMW M insiders as being "pared back to essentials only". All up, the new junior M car is claimed to weigh no more than 1540 kg. Although rumours have suggested the M2 CS will run BMW M's new S58 engine, as used by the X3 M and X4 M, Autointernationaal.nl sources contend it will retain the older S55 powerplant from the M2 Competition, complete with a particulate filter and other recent upgrades. In the M2 Competition, the S55 unit develops 410 hp between 5250 rpm and 7000 rpm. While the focus of the M2 CS is more on handling agility than outright power, it is expected to gain 21 hp to take the output of the latest M car up to 431 hp. Buyers will get the choice of 2 gearboxes: a standard 6-speed manual or optional 7-speed dual-clutch unit with a race start function. Further tweaks are focused on the chassis, which uses MacPherson struts up front and a five-link arrangement at the rear. Alongside a more direct steering ratio, the M2 CS is set to receive firmer springs and dampers, larger-diameter anti-roll bars, new bushings within the front end and reduced ride height. The top-of-the-line M2 is being developed exclusively on 19 inch wheels shod with the latest generation of Michelin Pilot Sport Cup tyres. Further evident changes include the adoption of M carbon-ceramic brakes from the M3 and M4. At the front, they measure 410 mm in diameter and boast six-piston calipers, while the rear measures 396 mm in diameter and uses single-piston calipers. As well as providing added stopping ability, the new brakes bring a weight saving of more than 4 kg at each wheel, significantly reducing the unsprung masses of the M2 CS in comparison with the standard M2 Competition. +++
+++ The launch of the new CT4-V and CT5-V may have left many underwhelmed, but it's clear that American car manufacturer has 2 very exciting new vehicles in the works that should restore the order of things within CADILLAC . These will be the CT4-V Blackwing and CT5-V Blackwing, of which a number of prototypes were recently snapped while testing in the United States. According to spy photographers, there were three CT5-V and two CT4-V prototypes joined by the current CTS-V and ATS-V as well as a BMW M5 and M2, the latter two obviously for benchmarking purposes. My man on the ground says the CT4-V Blackwing prototypes sounded very similar to the ATS-V they were being tested alongside, indicating that some kind of turbocharged V6 will likely sit under the hood. The cars were also sitting on Michelin Pilot Sport 4 S tires and at least one them appears to have been installed with a manual transmission. One recent report suggests the CT4-V Blackwing will have the same twin-turbo 3.6-liter V6 as the ATS-V, pumping out a touch over 464 hp and 603 Nm. As for the CT5-V Blackwing, it produced a much more viscous engine note, indicating that it will be fitted with a V8 engine. Details about this engine remain limited but the new car could get the same supercharged 6.2-liter V8 engine as the CTS-V where it produced 640 hp and 853 Nm. The names of the vehicles remain unconfirmed and if it's true that neither feature Cadillac's 'Blackwing' engine, it is unlikely they will include the Blackwing moniker. To differentiate them from the 'regular' CT4-V and CT5-V models already unveiled, Cadillac will have to introduce some new naming conventions. It's hard to know when these 2 performance sedans will launch, but I expect to see them in early 2020. +++
+++ Shares in FERRARI went into reverse as the Italian luxury carmaker failed to lift its guidance for 2019 despite strong results in the first part of the year. Releasing its second quarter results, the company confirmed that it was on track for the higher end of the guidance range for all relevant figures. However, there was some disappointment as many investors and analysts thought an upgrade was in store after a forecast-beating first quarter. "The market was expecting them to raise their guidance for the year", a Milan-based trader said. For 2019, Ferrari forecasts its adjusted earnings before interest, tax, depreciation and amortisation to rise around 10 % to between €1.2 and €1.25 billion. Sales are seen growing more than 3 % to more than €3.5 billion. Chief Executive Louis Camilleri said there were several factors behind the decision not to lift earnings guidance. He cited the discontinuation of certain models later this year, less favorable currency effects going forward, global trade tensions and outperformance in China in the first half of the year as customers snapped up cars in anticipation of stricter anti-pollution rules. "It would seem to me that it was a prudent move on our path", he told analysts on a post-earnings call. To support its growth, Ferrari will unveil 2 new models in September, Camilleri said, with one more expected by the end of the year. These are in addition to the two new models the Maranello-based company has already presented this year, including the F90 Stradale, its first hybrid, excluding special editions. The company's performance is a bright spot in the luxury car segment, where its competitors are struggling. Aston Martin cut its forecasts for volumes, investments and margins for 2019, while Tata Motors' luxury brand Jaguar Land Rover posted a loss in the April-June period with analysts doubting it can be turned around in the short term. Former Ferrari parent FCA's luxury brand Maserati also lost money, with a negative margin of 34.7 %. The group's CEO Mike Manley said he expected more difficult quarters this year. "Ferrari stock may take a breather today but the story remains exciting and while some were expecting more today on the guidance, we expect buying support on the dip", Morgan Stanley analysts said in a report. Ferrari said performance in the April-June period was led by robust deliveries of its 8 cylinder Portofino model and higher-margin 12 cylinder 812 Superfast model. Although shipments were up for 8 cylinder models, it cautioned they had slightly decreased for 12 cylinder models. Ferrari's core earnings rose 8.7 % in the second quarter to €314 million in line with analyst expectations. Margins weakened to 32 % from 33.1 % in the first quarter, versus a full-year target of 34 %. Chief financial officer Antonio Picca Piccon told analysts margins would suffer a little more in the third quarter compared to the high levels achieved in the same period last year. Camilleri, who took over from Sergio Marchionne after his death in 2018, said earlier this year that Ferrari is counting on hybrid models and the Purosangue SUV, expected in 2022, to exploit its potential in China. Ferrari shipped 2,671 cars in the second quarter, including 289 to China; up 63 % versus the same period of last year, while shipments to the Americas fell 6 % to 803 units. +++
+++ GENERAL MOTORS ' (GM) investors will see how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets. Slumping industry demand in China, the world's largest auto market, and an escalating price war in the lucrative U.S. pickup truck segment are ratcheting up the pressure on GM. Other automakers, including U.S. rival Ford and Daimler offered disappointing forecasts last week. In April, GM Chief Executive Mary Barra said her "confidence in the year ahead remains strong," citing the company's new full-size pickup truck launch and the automaker's ongoing business transformation. Investor David Kudla, chief investment strategist for Michigan-based Mainstay Capital Management, said GM must "carefully juggle" its restructuring with the rollout of its high profit vehicles even as it invests for the industry's future while facing such headwinds as declining global sales. For the full year, GM has forecast adjusted automotive free cash flow in the range of $4.5 billion to $6 billion. GM must deliver as much as $10 billion in cash flow in the final three quarters of 2019 to hit its full-year target, amid stagnant U.S. demand and plummeting industry sales in China. It reported a negative cash flow of $3.9 billion in the first quarter. In April, GM said it would hit its full-year target through strong performance, and annual dividends from China and GM Financial. In 2018, the Detroit company reported negative cash flow of $3.3 billion in the first quarter, but ended the year at positive $4.4 billion. Auto sales in China, GM's largest market, are headed for a decline for the second year running after demand contracted for the 12th straight month in June. In the second quarter, GM's China sales slid 12 %, a slight improvement over the 17.5 % decline in the first quarter. GM has laid out plans to introduce around 20 new models or variants of older ones this year, most in the second half. Profit pressure could increase as it launches a series of lower-margin electric vehicles over the next several years. Last week, Ford posted a lower-than-expected profit and provided investors with a full-year earnings forecast that fell short of analysts' expectations, and luxury carmaker Daimler reduced its 2019 sales outlook for Mercedes-Benz cars. GM's profits in the lucrative pickup truck market have also been pressured by an escalating price war with Ford and Fiat Chrysler Automobiles (FCA). The 3 Detroit automakers dominate the segment. GM executives previously said they were "bullish" on sales in the segment for the rest of the year, and have cited the introduction of more profitable models as the launch continues. GM chief economist Elaine Buckberg said this month that U.S. industry sales were strong in the first half and should remain so in the second half and get even more support if the Federal Reserve cuts interest rates as expected. The company's U.S. inventory of Chevrolet Silverado and GMC Sierra trucks at the end of July was 108 and 110 days, respectively. In comparison, inventory for the Ford F Series and FCA RAM trucks stood at 88 and 75 days, respectively. GM no longer discloses monthly sales data and a company spokesman said the estimates were incorrect. He added that truck inventories were approaching "optimal levels" and GM tries to maintain about a 100-day supply because of the complexity of truck offerings. Last week, GM backed off the target for commercial deployment of cars by its Cruise self-driving unit beyond 2019, citing a need for more testing. +++
+++ HONDA reported a 16 % drop in first-quarter operating profit, as a stronger yen weighed on overseas earnings and U.S. vehicle sales dropped. Japan's No.3 automaker posted operating income of 252.4 billion yen ($2.36 billion) for the April-June period, compared with 299.3 billion yen a year ago and an average forecast of 246.9 billion yen from 7 analysts. The company's U.S. sales fell to 407,000 vehicles over the 3-month period, from 425,000 vehicles a year earlier. It lowered its forecast for global sales in the year to March 2020 to 5.11 million vehicles, from its prior projection of 5.16 million and a record 5.323 million sold last year. Honda, however, reiterated its forecast for a 6 % increase in operating profit to 770 billion yen for this fiscal year. Honda, like other car makers, has been scrambling to reinvent itself amid rising competition from technology firms (such as Google parent Alphabet and Uber) as the auto industry moves toward vehicles that are shared, autonomous and electric. In May, Honda signaled that it was looking to cut global production costs by 10 % by 2025 and scale back regional model variations, channeling savings into research and development. The company has also expanded partnerships, joining mobility project by SoftBank Group and Toyota, and investing in General Motors' Cruise self-driving vehicle unit. +++
+++ KIA will leverage full-electric vehicles to reach European CO2 emissions reduction targets in 2020 and 2021 but the brand has developed contingency plans in case sales are insufficient. "Failing to make the targets is not an option. Our Korean headquarters would not accept it", Kia Europe chief operating officer Emilio Herrera told. Among the contingency plans that Herrera revealed: 1) Kia could make its car-sharing business in Spain all-electric. 2) It could introduce low-emissions tires on every vehicle. 3) Company cars for staff would be EVs. 4) All the dealers' demo cars would be EVs. 5) All the company's service cars would be EVs. Kia is likely to miss its European Union-mandated target to cut new-car fleet emissions to 91.7 grams per kilometer by 3.2 grams, according to a study by PA Consulting. This means the automaker would face fines from the EU. Overall electrification will be crucial. Without battery-electric and plug-in hybrid vehicles, it will be almost impossible for Kia to meet the targets, Herrera said. Kia Europe has to secure as many EVs as possible to be able to increase sales or at least maintain them, he said. The alternative would be to reduce the volumes, like some other brands. But Kia doesn't want to do that, Herrera said. And paying fines would be deemed a major failure in Korean culture, he said. Kia needs to sell 40,000 full-electric cars in Europe in 2020 to reach the CO2 target, Herrera said. EVs are expected to account for 15 % of Kia's total sales in 2019; about 75,000 vehicles out of 500,000 total. Under the European CO2 emission rules, manufacturers are given additional incentives to offer cars that emit less than 50 g/km through a supercredits system. For purposes of calculating a manufacturer's average specific emissions, such cars will be counted as 2 vehicles in 2020, 1.67 in 2021 and 1.33 in 2022. Herrera estimated that Kia this year will sell 16,000 full-electric cars, of which 12,000 will be the e-Niro and 4,000 units of the e-Soul. Both are small crossovers. Both "are going so well that we don't have enough supply", Herrera said. "In most of the countries, we have already sold the quantities allocated for the whole of 2019, so these countries are already selling the 2020 production". Luckily, Herrera said, battery production will rise in the second half of this year and will help Kia sell the cars in 2020. An accelerated electrification of the model range should help sales. In November, Kia's plant in Zilina, Slovakia, will start producing plug-in hybrid versions of the Ceed station wagon and recently launched XCeed. Both models will reach the market in January 2020. Next year, the new Sorento will add hybrid and plug-in hybrid versions to the current powertrain portfolio, which already inlcudes a diesel. The Imagine by Kia concept unveiled at this year's Geneva auto show will be the base of a battery-electric car that Herrera said will launch in 2021. All together, Kia plans to offer 19 electrified vehicles by 2022. Mild hybrids will also help, although they are not entitled to supercredits. In November, a mild hybrid version of the Ceed hatchback will launch. Mild hybridization will probably be extended to the full range later, Herrera said, adding that the mild hybridization could be quicker if Kia realizes it needs lower-CO2 vehicles. Is their CO2 advantage worth the cost? The target is so stringent, Herrera said, that Kia needs everything; every little bit counts. +++
+++ MERCEDES-BENZ is currently testing an all-new, all-electric flagship saloon, due in 3 years. Set to be called EQ S, it will be the range-topping model as part of the German manufacturer's electrification plan, which will see 10 all-electric Mercedes passenger cars arrive by the end of 2022. The EQ S will join the existing EQ C and forthcoming EQ V van plus EQ A hatchback. It's likely that Mercedes will preview the model as a concept car at the Frankfurt Motor Show in September. While the EQ C uses an adapted version of the platform that underpins the medium-sized GLC, the EQ S will be one of the first Mercedes vehicles to make use of a purpose-built, modular all-electric platform currently under development in Stuttgart. The next-generation underpinnings are scalable, using a mixture of steel, aluminium and carbon fibre in their construction, and are suitable for a wide range of models. Earlier in 2019, a high-ranking Mercedes insider told about the new toolkit: "It's a fully dedicated electric-vehicle platform. It's designed for larger cars and SUVs. How many models do we put on that? Maybe 5 body styles". My source also revealed that the new platform doesn't require a separate production line, so the EQ S will be built alongside the next-generation S-Class at Mercedes' new 'Factory 56' in Stuttgart. And there's good reason why the firm is going with this approach to assembly: "Customer demand in 3 to 5 years is somewhat difficult to predict", my source said. "That's why we want flexibility". The EQ S name has been trademarked extensively. Mercedes has already made a claim on a wide line-up of variants, ranging from EQ S 350 to EQ S 600, hinting at a broad line-up of range and power outputs. The EQS looks set to take advantage of the new platform and electric underpinnings by pushing the wheels far into each corner of the car, maximising interior space. The new saloon should borrow its electric motors from the EQ C, creating a 4-wheeldrive set-up with a motor on each axle and a power output in excess of 400 hp. However, the new platform should mean there's more space to fit a larger battery than the 80 kWh pack used in the EQ C. +++
+++ PORSCHE will release a mid-cycle update for the Panamera (Sport Turismo) early next year, and now prototypes with barely any disguise are emerging. Likely to be revealed before the year is out, the Mercedes AMG GT 4-door rival will receive subtle revisions to the exterior look, including an altered tail-light design with an LED strip linking both units. The changes will bring it into line with newer Porsche models, such as the Cayenne and 992-generation 911. Also evident on the latest prototypes is a new front bumper and reprofiled grille, but more significant is the introduction of new sensor modules at both ends of the front bumper. These indicate an advancement in the model's semi-autonomous systems could be on the cards. Mechanically, Porsche is planning to introduce its first mild-hybrid powertrains for the Panamera. The S and 4S models will make use of the same 2.9-litre twin-turbo V6, but like US market versions of the Audi S6 and S7 the 2 variants are likely to adopt a 48 Volt electrical architecture. This allow the fitment of a mild-hybrid system, using the usual integrated motor generator to harvest electrical power to provide an efficiency boost and allow the start-stop system to activate sooner. Perhaps more important to Porsche buyers, however, will be the expected inclusion of Audi's electric compressor system, filling in the gaps in torque delivery while the turbochargers spool up. With the interior already as up to date as its siblings, expect more technology upgrades than design changes inside. We'll see more advanced infotainment features, but nothing dramatic is predicted. +++
+++ Dongfeng PSA Peugeot Citroen Automobile, PSA Group's joint venture with Dongfeng Motor, lost more than 2.5 billion yuan (more than $363 million) in the first 6 months as sales fell sharply. Dongfeng PSA deliveries plunged 60 % to 63,027 cars in the first half. The joint venture's revenue also tumbled 60 % to 7.0 billion yuan during the period, according to Dongfeng, a Hong Kong-listed, state-owned Chinese automaker. In the first half of 2018, Dongfeng PSA posted a net profit of 200 million yuan. But it ended all of 2018 with a loss of nearly 3.7 billion yuan. Dongfeng PSA, headquartered in the central China city of Wuhan, can produce up to 840,000 vehicles annually for the Peugeot and Citroen brands. After hitting a high of 704,000 in 2015, annual deliveries of the joint venture have steadily declined over the past 3 years. In 2018, sales slumped 33 to around 253,000 vehicles. PSA also operates a partnership with Changan Automobile, which builds and markets vehicles under the Citroen DS brand. Changan PSA, with annual production capacity of 200,000 vehicles, is also struggling with losses, largely because of limited sales since it was established in 2011. In 2018, Changan PSA sold fewer than 3.900 vehicles, according to the China Passenger Car Alliance, a Shanghai consultancy. +++
+++ After months of speculation, internet debate and nothing to go on but estimated Nürburgring lap times, it's official: the new Toyota SUPRA is fast. Mike Chang, co-founder of Evasive Motorsports, wrangled the brand spanking new Toyota sports car and Formula Drift champion Daijiro "Dai" Yoshihara, and brought them both to Buttonwillow Raceway in central California. With the drifter behind the wheel, the Supra clocked a 1:58.92 on the circuit's clockwise 13 configuration, the variant most hallowed by time attack fans. For context, a sub 2-minute lap time at Buttonwillow is considered very quick for a production car. The National Auto Sport Association (NASA) track record at Buttonwillow for a Spec Miata stands at 2:05.02. According to Fastestlaps.com, a 997 Porsche 911 GT3 ran a 2:01.50 on the circuit and a 997 Porsche 911 GT2 put down a 1:59.70. For those who prefer the English section of the SATs, that would mean the Supra is a full 2 seconds-plus quicker than the former naturally aspirated model and nearly a second faster than the turbocharged one. Granted, I don't know the conditions for the 2 Porsche lap times and those are now 2 generations ago for Stuttgart, but for a Toyota starting with a much lower base price, that's a heady dose of bang-for-buck performance. To be one of the first, if not the first Supra to ever set an official lap time, Los Angeles-based tuning shop Evasive Motorsports worked with Yume Sports, another speed shop based in Vancouver, Canada. In the time attack community, Evasive is a titan. Their shop turns out full track builds and have previously held 3 class records at time attack events. The new Supra is their latest project car. In addition to drifting, Yoshihara has a considerable amount of circuit experience. He currently competes in the Lamborghini Super Trofeo series and has also driven in Super Taikyu, a Japanese GT-spec racing series, 25 Hours of Thunderhill, among others. "The new Supra was a lot faster than I expected", said Yoshihara. "I knew the car handled well from driving it before, but it's surprisingly very neutral when pushed to its limits. Power, steering, braking, and cornering are all super balanced. And for a modern car with all of the electronics, the Supra has really good feedback, you can tell what the car is going to do. It's a true driver's car". Now that Evasive Motorsports has a base lap time for comparison, its real work begins. "The first stage of the Supra build will be mostly bolt-ons", said Mike Chang. "Titanium exhaust, bucket seats and forged aluminum wheels will replace the factory units, saving weight. Adjustable coilovers suspension and sway bars will allow us to dial in handling, and a few aero modifications will help improve grip. Combine all of that with an ECU tune for more horsepower, and we should get the car to break into the 1:54s". For the final bit of context, a 991 Porsche 911 GT3 RS ran a 1:54.50. The waitlist for an Evasive-spec 2020 Toyota Supra starts behind me. +++
+++ TOYOTA lowered its annual profit forecast while Honda turned in a double-digit decline in quarterly earnings as a resurgent yen hurt 2 of Japan's biggest automakers. The quarterly earnings unveiled by Japan's biggest and third-biggest automakers highlight how "safe-haven" demand for the currency (buoyed by global uncertainties and falling U.S. interest rates) could eat into profits at Japanese exporters in the months to come. A strengthening yen hurts Japanese automakers as cars exported from Japan become more expensive, while it also decreases the value of earnings made overseas. Toyota cut its operating profit forecast for the year ending March 2020 by nearly 6 % to 2.4 trillion yen ($22.4 billion), from a previous forecast of 2.55 trillion yen. The 2.7 % drop on the year means it will snap a 3-year run of rising profit. "We have factored in cost reduction efforts for the year, but there are still some uncertainties. We cannot be complacent", Toyota operating officer Kenta Kon told reporters at a results briefing. It expects the yen to trade around 106 to the U.S. dollar and 121 to the euro in the current financial year, from a previous assumption of 110 yen and 125 yen, respectively. For the quarter just ended, however, Toyota posted an 8.7 % rise in operating profit to 741.9 billion yen ($6.93 billion), its highest since the September 2015 quarter, helped by a slight increase in global vehicle sales. An escalating trade war between China and the United States, the world's top 2 auto markets, and slowing economic growth have prompted a broad-based sales downturn in the global auto sector. "Conditions in the U.S. market continue to be severe, including the effects of the trade friction between the U.S. and China", Honda Executive Vice President Seiji Kuraishi told reporters, adding that tensions could also have a negative impact in China, where demand for cars is already slowing. "How the Chinese market reacts to the U.S.-China trade friction will be key to setting our business strategy". A downturn in the global auto sector could weigh on profits just as automakers invest heavily in new technologies including electric cars, autonomous driving technologies and ride-sharing services to survive a industry shift away from car ownership. Toyota has been pouring money in ride-sharing services including Uber, Grab and Didi Chuxing while deepening alliances with SoftBank Group to develop on-demand transportation services in Japan, to position itself as a provider of mobility services. Investors have backed this strategy, pushing Toyota shares roughly 10 % higher this year, outperforming its domestic rivals. +++
+++ The first-generation VOLKSWAGEN Tiguan stuck around for more than a decade, but it appears the current model will have a much shorter life cycle. The company is already working on a redesigned SUV and it is slated to arrive in 2022. Little is known about the model, but it will feature a radical new design that is far sportier than the current car. Details are limited, but the 2022 Tiguan will reportedly have a coupe-like appearance. As part of this effort, the model could have a rakish windscreen, a steeply sloping roof and curvier bodywork. This would be a big change as the current Tiguan is rather boxy and anonymous.
Less is known about the interior, but it will reportedly follow in the footsteps of the Euro-spec Passat. As a result, we can expect a digital instrument cluster and a widescreen infotainment system. Despite the sportier styling, interior room shouldn't be drastically affected. Sources told that cargo room will remain "relatively unchanged" at around 470 liters. Customers looking for something roomier will reportedly be able to buy an Allspace variant which will be roughly 250 mm longer than the standard model. Under the skin, the next-generation Tiguan is expected to ride on an updated version of the MQB platform. Engine options will reportedly be shared with the upcoming Golf and could include 2 plug-in hybrid options with outputs of around 170 hp and 245 hp. There's also word of a high-performance Tiguan R with a turbocharged 2.0-liter four-cylinder producing up to 355 hp. Perhaps one of the most interesting rumors is the possibly of a Level 4 semi-autonomous driving system. It would be a step below a fully autonomous vehicle, but it could allow drivers to stop paying attention to the road under certain conditions. +++
+++ VOLVO , owned by China's Geely, has produced the first cars containing recycled cobalt mapped using a blockchain, and has joined a separate project to monitor cobalt from Democratic Republic of Congo, Volvo said. Carmakers are under pressure from customers and investors to prove electric vehicles do not rely on conflict minerals or child labor. They are exploring the usefulness of blockchain (the technology to create an immutable ledger first used for cryptocurrency) to improve accountability throughout supply chains. Volvo said it had completed the first blockchain, using recycled cobalt in China. "It tracked cobalt from a Chinese recycling plant to Volvo Cars Zhejiang over a 2 month period to June 27", Volvo said, adding its aim was "full transparency and traceability". The blockchain has been developed by British blockchain specialist Circulor using technology from U.S. company Oracle and is expected to be rolled out widely this year. Volvo declined to comment on the next steps. The batteries are made by Contemporary Amperex Technology Ltd (CATL). Volvo also confirmed it was joining fellow automaker Ford, technology giant IBM, South Korean cathode maker LG Chem and China's Huayou Cobalt in a project overseen by responsible-sourcing group RCS Global. RCS Global said it was pleased Volvo was joining its efforts to achieve "quantifiable and continuous" improvement of supply chains. Among battery minerals, cobalt is particularly challenging because around two thirds of all supplies are from Democratic Republic of Congo, where governance challenges are extreme. Glencore, a producer of industrial-scale cobalt in Congo, has this year faced a series of problems, including an incursion of artisanal miners on its concession. Those involved in tracking minerals say blockchain alone is not the answer. But they are testing how entering data from each stage of a mineral's journey into a blockchain can improve accountability and even fend off disputes between, say, transportation companies and those using them. "No technology can completely replace due diligence. What it will do is improve enforcement of standards by highlighting when things are not working as intended", Doug Johnson-Pönsgen, CEO of Circulor, told. Oracle has provided technology for blockchain projects aimed at anything from certifying the origin of olive oil to reducing costs by streamlining cross-border banking payments. Apart from its work on cobalt, IBM has cooperated with retailers including Walmart to trace food through supply chains. +++
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the voddy garden is open.am no goin.
am no giving seltic £28.
cannae see many wanting to attend.
if your goin well done.
Midweek Septic in the Weeg... fair play to those attending.
Hopefully we can keep the pace over the next run of games... squad depth likely to he tested to the max.
Already in, the tough part being the crowd. Is it still a closely guarded secret, is it a number made up out of thin air?
Will be watching from afar with zero expectations of a result.
Would settle for a cheeky 0:1 away win but I'll be happy with a point.
Saints have the second best record against Celtic home and away in the past 10 years, earning more points than Aberdeen Rangers Hibs Hearts Kilie and everyone else ex Motherwell who are just 1 point ahead of us.
If any one can do it saints can.
Shibbydoo this is seemingly a free stream of tonights match , there were 3 links.
I have iptv that I can get Celtic tv on so will see it with biased commentary.
Thanks mate but only on the mobile. Don't usually get a stream but will give it a bash.
Saints TV could do with the score & time but other than that, working perfectly.
0.0 Saints still not had a shot at goal . Celtic commentators said Saints were no more a threat than Airdrie or St Mirren . Fannies.
Sounds like it is true if we haven't had a shot on goal. Even Airdrie managed that!
If you don't have a shot at goal - you pose little threat. They're no far off with their statement tbh.
Well that's the baw bust.
Did we not have a go when we lost 6-0 though?