More carmakers caught in headlights of VW engine-rigging scandal

More carmakers caught in headlights of VW engine-rigging scandal
Volkswagen has admitted it installed illegal software into 11 million 2.0 liter and 3.0 liter diesel engines worldwide (AFP Photo/Josh Edelson)

Volkswagen emissions scandal

Iran's 'catastrophic mistake': Speculation, pressure, then admission

Iran's 'catastrophic mistake': Speculation, pressure, then admission
Analsyts say it is irresponsible to link the crash of a Ukraine International Airline Boeing 737-800 to the 737 MAX accidents (AFP Photo/INA FASSBENDER)

Missing MH370 likely to have disintegrated mid-flight: experts

Missing MH370 likely to have disintegrated mid-flight: experts
A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

Leaders see horror of French Alps crash as probe gathers pace

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Thursday, September 7, 2017

Post-Harvey Houston faces a car crunch

MSN – AFP, Thomas B. Shea, 6 Sep 2017

As Houston residents contend with flooded homes and lost belongings in the upheaval left in the wake of Hurricane Harvey, many face another urgent priority: getting a new car.

Having a vehicle is a necessity in the sprawling Texas metropolis with few public transportation options.

But as many as a half million cars were washed away or irreparably deluged after the storm dumped a year's worth of water on the city in a matter of days.

Local auto dealerships that survived the storm are reporting brisk business as Harvey's victims seek an essential tool for traversing a city that was built for the automobile and features two massive highway loops that surround the downtown.

"There is a high demand going on now," said Ezequiel Zepeda, a salesman at Houston Direct Auto, a used car company.

Zepeda these days is juggling a torrent of incoming calls and a perpetually full voice mail from residents as well as from workers with non-governmental groups and rescue organizations such as the Red Cross.

"I had a couple come in earlier and both of them bought a vehicle, which doesn't happen often," he told AFP. "I have customers even before I get to work."

Prices of cars have held steady for those already in Zepeda's lot prior to Harvey because many became wet, but did not suffer damage. But Zepeda has boosted prices on many vehicles acquired after the storm due to spiking demand.

More car casualties than Katrina

Major hurricanes like Harvey usually result in numerous car losses, but the toll is expected to be even bigger than other catastrophic storms in recent years.

Appraisal firm Black Book estimates about 500,000 cars will need to be replaced due to Harvey, double the more than the 250,000 hit by Hurricane Sandy in the New York region in 2012, and the 200,000 pummeled by Hurricane Katrina in the Gulf coast in 2005, according to Cox Automotive.

That could give Detroit a boost at a time when the American car industry is feeling the effects of a cooling North American auto boom. But analysts do not expect to see the impact immediately in car industry financials.

"When it does occur, (it) is likely to be greater than was the case with Sandy, because more vehicles are estimated to have been damaged this time around," said Ryan Brinkman, an auto industry analyst at JPMorgan Chase.

Around 150,000 people already have notified insurers of losses, but far more filings are expected, according to the Insurance Council of Texas.

"It might take weeks for victims to be compensated because of the inability to reach or even locate some vehicles," said Mark Hanna, a spokesman for the Insurance Council of Texas, who estimates the total economic impact at $2 billion.

Typical insurance policies allow holders to purchase a small car if their vehicle is damaged in a storm, or receive reimbursement for a rental, Hanna said.

Rental car giant Avis has waived late and extension fees in the hurricane-ravaged area.

"We are moving vehicles into the affected areas as quickly as possible to increase inventory to meet our customers' needs," said Katie McCall, a spokeswoman at Avis Budget Group.

Ford is offering $1,000 rebates for the purchase of new cars.

Some will go without

Unsurprisingly, car purchases are easiest for those buyers who don't need to line up financing, or await an insurance payout.

"If there's a cash deal, I show them the vehicle, they sign the contract and 45 minutes later they walk out the door with the vehicle," said Zepeda.

But some Houstonians will no doubt go carless as they await insurance payouts while putting any available cash into vital home repairs.

"There will be thousands that will be unable to replace their cars immediately," said Andrea French, executive director of TAG Houston, a non-governmental organization that advocates for more public transit solutions.

That could boost the odds that more consumers opt to go into the "black market" of used cars that are not insured, which already accounts for about 15 percent of the Texas market, she said.

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