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2025-01-24
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Adani Group capable of completing 'Dharavi Redevelopment Project': Sanjay Nirupam

As TikTok bill steams forward, online influencers put on their lobbying hats to visit WashingtonMiddle East latest: Israeli strikes kill a hospital director in Lebanon and wound 6 medics in Gaza

2025 PGA Tour scheduled confirmed as four players from Ireland set for action on the US circuit

California Attorney General Rob Bonta filed 31 felony charges of wage theft and tax evasion against a construction company that he said cost the state and the company’s workers $2.6 million, he announced Thursday. Bonta filed the criminal complaint on Aug. 26 alleging that US Framing West dodged more than $2.5 million in state payroll taxes and underpaid workers on a public housing project in Cathedral City, in Riverside County. The company, which builds wood framing for such projects as hotels, apartments and housing developments, shorted workers at least $40,000 when it failed to pay the prevailing wage, Bonta said. “For some reason US Framing West seems to think it can operate outside the prevailing wage laws of California,” Bonta said in a press conference in Los Angeles today. “I’m here with a simple message: They cannot. No company can.” Cal Matters contacted officials with US Framing West named on its website but did not receive a response. Bonta charged the company and two of its officials, Thomas Gregory English and Amelia Frazier Krebs, with wage and tax violations in Riverside, San Diego, Los Angeles, Orange, Alameda, Santa Clara, San Francisco and Contra Costa counties. Political observers expect Bonta to announce a run for governor, so publicizing a high-profile labor case may help him build support from unions. Most wage theft cases brought by the state are handled administratively or in civil court. Between 2018 and 2022, US Framing West hired unlicensed subcontractors and underreported its payroll to the state Employment Development Department, Bonta said. He accused the company of grand theft, payroll tax evasion, prevailing wage theft, and filing false documents with the state. US Framing West also skipped personal income tax withholding and premiums for state unemployment and disability insurance, Bonta said, and it filed false payroll records for workers on Veterans Village , the Cathedral City project. The facility opened in 2022, offering 60 housing units and services for veterans. The complaint says the company stole wages from 19 workers in Riverside County in 2021 and 2022. Under California’s penal code , employers can face grand theft charges for stealing more than $950 in wages or tips from one employee or a total of $2,350 from two or more employees within a year. The Northern California Carpenters Regional Council tipped off the state Department of Justice to potential wage theft violations at an Oakland construction project in 2019, Bonta said. The department subsequently looked into US Framing West’s other projects across the state. The office filed charges in August, and the two named defendants surrendered and were arraigned this month. California’s prevailing wage requirements apply to most projects built with public funding, said Matthew Miller, senior field representative for labor compliance for Nor Cal Carpenters Union. He said US Framing West was working on at least four housing projects financed with tax credits. “California taxpayers are subsidizing criminal activity in the affordable housing industry,” Miller said. He added that developers should avoid doing business with companies that skirt employment and tax laws. Wage theft can take various forms — employers don’t pay employees for all hours worked, don’t pay the minimum wage, skip overtime pay or don’t allow legally required breaks. In California, workers lose about $2 billion a year to wage theft, Bonta’s office said, and workers in low-wage industries are the most affected. In 2020 and 2021, workers filed claims for more than $300 million in stolen wages each year. Lorena Gonzalez, president of the California Labor Federation, called wage theft “the number one crime” in the burglary and theft category and said businesses should not be able to pay their way out of wage theft violations.Kinkead Dent and diverse ground game powers UT Martin past New Hampshire, 41-10 in FCS 1st round

TULSA, Okla. (AP) — Michael Jacobs' 19 points off of the bench helped lead Southern to a 70-66 victory over Tulsa on Saturday. Jacobs shot 7 of 15 from the field and 5 of 5 from the free-throw line for the Jaguars (4-4). Cam Amboree added 10 points while going 3 of 5 (2 for 3 from 3-point range) while they also had five rebounds. Derrick Tezeno shot 4 of 6 from the field to finish with 10 points. The Golden Hurricane (4-6) were led by Keaston Willis, who recorded 23 points and seven rebounds. Tyshawn Archie added 17 points, four assists and two blocks for Tulsa. Ian Smikle also had 11 points and eight rebounds. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

Indian IT sector's C-suite churn continuesFormer President Barack Obama is being slammed online for his “hypocrisy” and being “up on his high horse” in response to his first speech following the November election. During his Thursday pluralism-themed address at the Obama Foundation’s Democracy Forum in Chicago, the former president argued that Democrats need to reject “holding hands and singing ‘Kumbaya'” when “one side tries to stack the deck and lock in a permanent grip on power.” “... Let me make this key point: Pluralism is not about holding hands and singing ‘Kumbaya.’ It is not about abandoning your convictions and folding when things get tough,” Obama told the crowd. He then asked, “What happens when the other side has repeatedly and abundantly made clear they’re not interested in playing by the rules?” “There are going to be times, potentially, when one side tries to stack the deck and lock in a permanent grip on power, either by actively suppressing votes, or politicizing the armed forces, or using the judiciary or criminal justice system to go after their opponents,” Obama said: “And in those circumstances, pluralism does not call for us to just stand back and say, ‘Well, I’m not sure that’s OK.’ In those circumstances, a line has been crossed, and we have to stand firm and speak out and organize and mobilize as forcefully as we can,” he added. Obama went on to lament the “gridlock,” “public cynicism,” and an increasing willingness among “politicians and their followers to violate democratic norms... To do anything they can to get their way. To use the power of the state to target critics and journalists and political rivals and to even resort to violence.” The Democrat’s words garnered fiery criticism from conservatives, with Fox News contributor Guy Benson saying that Obama is his own “problem” that he referred to in his speech: “Setting aside the unbelievable hypocrisy here, this is also the guy who’s launching a project to lessen our political divisions,” Benson wrote on X. “Being the problem — way up on his high horse, looking down disappointedly at the unwashed masses — while publicly lamenting the problem is peak Obama.” “It’s over for Obama,” journalist Miranda Devine wrote: “The spell is broken. Donald Trump vanquished him, Biden, Harris, the Bushes, the Cheneys. All of them, with a spring in his step,” Devine posted on X. “Ever since his last minute desperate smear of Trump with the ‘very fine people on both sides’ lie, Barack Obama has been slowing [ sic ] realizing his status as false prophet of the Democrat party is no more,” added radio personality Buck Sexton: “Obama turned our politics into ‘if you disagree with me, you are a bad person,’” said Republican communicator Matt Whitlock: “Few people did more to pave the way for Trump. So he can take a seat,” Whitlock added. Author Jon Gabriel said that “By voting in a democratic election, millions of people proved they hate democracy,” he posted, quipping, “Yes, this Obama fellow is quite the intellect.”

Citigroup Inc. raised its position in shares of Zurn Elkay Water Solutions Co. ( NYSE:ZWS – Free Report ) by 159.2% in the third quarter, HoldingsChannel reports. The firm owned 253,943 shares of the company’s stock after buying an additional 155,982 shares during the quarter. Citigroup Inc.’s holdings in Zurn Elkay Water Solutions were worth $9,127,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted its position in shares of Zurn Elkay Water Solutions by 7.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 84,095 shares of the company’s stock worth $2,815,000 after purchasing an additional 5,536 shares during the period. Tidal Investments LLC increased its stake in Zurn Elkay Water Solutions by 24.1% in the 1st quarter. Tidal Investments LLC now owns 10,889 shares of the company’s stock worth $364,000 after buying an additional 2,117 shares in the last quarter. Cetera Advisors LLC bought a new stake in Zurn Elkay Water Solutions during the first quarter valued at about $209,000. Moody National Bank Trust Division lifted its position in shares of Zurn Elkay Water Solutions by 8.8% in the second quarter. Moody National Bank Trust Division now owns 20,402 shares of the company’s stock valued at $600,000 after acquiring an additional 1,657 shares in the last quarter. Finally, OLD National Bancorp IN boosted its stake in shares of Zurn Elkay Water Solutions by 89.7% in the second quarter. OLD National Bancorp IN now owns 12,912 shares of the company’s stock worth $380,000 after acquiring an additional 6,106 shares during the period. Hedge funds and other institutional investors own 83.33% of the company’s stock. Zurn Elkay Water Solutions Stock Up 0.4 % Shares of NYSE ZWS opened at $39.82 on Friday. The company has a current ratio of 2.70, a quick ratio of 1.71 and a debt-to-equity ratio of 0.31. Zurn Elkay Water Solutions Co. has a 12-month low of $27.55 and a 12-month high of $40.64. The firm’s 50-day moving average price is $37.41 and its 200-day moving average price is $33.33. The stock has a market capitalization of $6.76 billion, a price-to-earnings ratio of 50.41, a P/E/G ratio of 2.01 and a beta of 1.14. Zurn Elkay Water Solutions Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Wednesday, November 20th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Wednesday, November 20th. This is a positive change from Zurn Elkay Water Solutions’s previous quarterly dividend of $0.08. Zurn Elkay Water Solutions’s payout ratio is 45.57%. Wall Street Analysts Forecast Growth A number of research analysts recently commented on the company. Stifel Nicolaus boosted their price target on Zurn Elkay Water Solutions from $34.00 to $36.00 and gave the stock a “hold” rating in a report on Wednesday, October 16th. Robert W. Baird upped their target price on shares of Zurn Elkay Water Solutions from $37.00 to $39.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Oppenheimer lifted their price target on shares of Zurn Elkay Water Solutions from $37.00 to $40.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Finally, Mizuho raised their price objective on Zurn Elkay Water Solutions from $34.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $38.17. Read Our Latest Stock Analysis on ZWS Insider Activity In other Zurn Elkay Water Solutions news, VP Jeffrey J. Lavalle sold 3,132 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $39.15, for a total value of $122,617.80. Following the transaction, the vice president now directly owns 35,422 shares in the company, valued at $1,386,771.30. This represents a 8.12 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, CEO Todd A. Adams sold 120,000 shares of Zurn Elkay Water Solutions stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $39.83, for a total transaction of $4,779,600.00. Following the sale, the chief executive officer now directly owns 2,242,867 shares of the company’s stock, valued at $89,333,392.61. This represents a 5.08 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 225,688 shares of company stock valued at $8,400,151. 3.80% of the stock is currently owned by insiders. Zurn Elkay Water Solutions Profile ( Free Report ) Zurn Elkay Water Solutions Corporation engages in design, procurement, manufacture, and marketing of water management solutions in the United States, Canada, and internationally. It offers water safety and control products, such as backflow preventers, fire system valves, pressure reducing valves, thermostatic mixing valves, PEX pipings, fittings, and installation tools under the Zurn and Wilkins brand names. Recommended Stories Want to see what other hedge funds are holding ZWS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zurn Elkay Water Solutions Co. ( NYSE:ZWS – Free Report ). Receive News & Ratings for Zurn Elkay Water Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zurn Elkay Water Solutions and related companies with MarketBeat.com's FREE daily email newsletter .Mutual of America Capital Management LLC cut its stake in shares of Pediatrix Medical Group, Inc. ( NYSE:MD – Free Report ) by 6.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,711 shares of the company’s stock after selling 897 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Pediatrix Medical Group were worth $147,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Pediatrix Medical Group by 1.6% in the first quarter. Vanguard Group Inc. now owns 10,557,572 shares of the company’s stock worth $105,892,000 after acquiring an additional 164,333 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Pediatrix Medical Group by 4.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 87,369 shares of the company’s stock worth $877,000 after purchasing an additional 3,669 shares during the period. Tidal Investments LLC purchased a new stake in Pediatrix Medical Group during the 1st quarter valued at approximately $442,000. Virtu Financial LLC bought a new stake in shares of Pediatrix Medical Group during the first quarter valued at approximately $124,000. Finally, Boston Partners lifted its holdings in shares of Pediatrix Medical Group by 34.0% in the first quarter. Boston Partners now owns 1,786,434 shares of the company’s stock worth $17,702,000 after buying an additional 453,254 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors. Insider Activity at Pediatrix Medical Group In other Pediatrix Medical Group news, EVP Mary Ann E. Moore sold 8,108 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $16.00, for a total value of $129,728.00. Following the completion of the sale, the executive vice president now directly owns 135,810 shares in the company, valued at approximately $2,172,960. This represents a 5.63 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, Director Mark S. Ordan sold 27,600 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $15.35, for a total value of $423,660.00. Following the transaction, the director now owns 138,683 shares in the company, valued at approximately $2,128,784.05. This represents a 16.60 % decrease in their position. The disclosure for this sale can be found here . 2.00% of the stock is currently owned by company insiders. Wall Street Analysts Forecast Growth Read Our Latest Research Report on Pediatrix Medical Group Pediatrix Medical Group Stock Performance NYSE:MD opened at $14.96 on Friday. The firm has a market capitalization of $1.28 billion, a PE ratio of -4.89, a PEG ratio of 2.10 and a beta of 1.55. The stock’s fifty day moving average is $13.25 and its 200 day moving average is $10.21. Pediatrix Medical Group, Inc. has a fifty-two week low of $6.62 and a fifty-two week high of $16.41. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.42 and a current ratio of 1.42. Pediatrix Medical Group ( NYSE:MD – Get Free Report ) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.37 by $0.07. The company had revenue of $511.20 million for the quarter, compared to the consensus estimate of $498.87 million. Pediatrix Medical Group had a negative net margin of 12.65% and a positive return on equity of 12.79%. The firm’s revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.29 EPS. On average, sell-side analysts anticipate that Pediatrix Medical Group, Inc. will post 1.26 earnings per share for the current year. Pediatrix Medical Group Profile ( Free Report ) Pediatrix Medical Group, Inc, together with its subsidiaries, provides newborn, maternal-fetal, pediatric cardiology, and other pediatric subspecialty care services in the United States. It offers neonatal care services, such as clinical care to babies born prematurely or with complications within specific units at hospitals through neonatal physician subspecialists, neonatal nurse practitioners, and other pediatric clinicians. Further Reading Five stocks we like better than Pediatrix Medical Group How to Invest in Blue Chip Stocks The Latest 13F Filings Are In: See Where Big Money Is Flowing Using the MarketBeat Dividend Tax Calculator 3 Penny Stocks Ready to Break Out in 2025 Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for Pediatrix Medical Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pediatrix Medical Group and related companies with MarketBeat.com's FREE daily email newsletter .

ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have handed out $40,000 in fines to two sportsbooks and a tech company for violations that included taking bets on unauthorized events, and on games that had already ended. In information made public Monday, the New Jersey Division of Gaming Enforcement fined DraftKings $20,000. It also levied $10,000 fines on Rush Street Interactive NJ and the sports betting technology company Kambi. According to documents released by the state, Rush Street accepted 16 bets worth $1,523 in Nov. 2021 on a college basketball game between the University of North Carolina-Asheville and Tennessee Tech University after the game had already concluded with a UNC victory. Kambi told the enforcement division that a trader had failed to manually remove that game from its betting markets, saying it had stopped receiving messages from its own sports data provider due to a network connectivity error. Kambi said it has updated its guidelines and retrained its traders to prevent a recurrence. Kambi, which is based in Malta, did not immediately respond to a message seeking comment Monday. Rush Street declined comment, and DraftKings had no immediate comment Monday. DraftKings stopped using Kambi in 2021. In March 2022 Rush Street took seven bets totaling just under $2,900 on three Magic City Jai Alai games after the results were already known. Kambi told the division it experienced a connectivity issue that allowed the bets to be accepted after the games were over. An explanation of what Kambi did to address the situation was blacked out in documents released by the division. A month earlier Rush Street took 13 wagers worth $8,150 with pre-match odds on a Professional Golf Association match after the event had already begun. In this case, Kambi told the division a newly hired trader failed to enter the correct closing time time for bets on the event. The trader and a supervisor underwent retraining. DraftKings was fined for taking bets on unapproved events including Russian basketball for nine months in 2020 and 2021. It eventually voided over $61,000 in bets and returned the money to customers after being directed to do so by the state. In this case, Kambi told the division it misidentified this particular Russian basketball league as one that was approved for wagering in New Jersey. DraftKings told the state it did not catch the error, either. In 2020, DraftKings accepted 484 wagers on unapproved table tennis matches. Kambi incorrectly enabled the events for wagering without conditions required by the state, the division said. In Feb. 2022, the division said DraftKings took pre-season NFL bets involving specific players but did not give the state specific information on what information was to be included in the bets, drawing 182 wagers worth nearly $7,000 that were later voided and refunded to customers. Follow Wayne Parry on X at www.twitter.com/WayneParryAC‘The great capitulation’: why key US figures are seeking Trump’s favor

Tharaka Nithi Woman Representative Susan Ngugi has called on Kenyans to include persons living with disabilities (PWDs) in their activities during the festive season. Speaking during a visit to Kiraro PWDs Group in Maara Constituency, the legislator highlighted the need to assist persons living with disabilities through inclusivity and accessibility for equal opportunities and rights, ensuring that they are fully integrated into the society. “Let us love and show care to PWDS, especially by including them in our programmes during this time of festivities. Instead of neglecting them, let us make them feel part of our families and communities, as well as check on their security since many people take advantage to an extent of defiling them in the shadow of the festivities,” said Ms. Ngugi. “Do not lock them in the house; if you are going for festivities, ensure you tag them along. If you are buying shoes or clothes for your loved ones, also remember PWDs are part of our families. They are our gifts from God; do not feel embarrassed by them,” she added. Through her office, Ms. Ngugi disclosed that the National Government Affirmative Action Fund (NGAAF) had empowered persons living with disabilities through enhancing access to financial aid as a way of improving their socio-economic well-being and promotion of enterprises and asked other elected leaders to include PWDs in their disbursements and allocations. “I am requesting all other elected leaders in the county to remember that we all have a responsibility, through our specific offices, to protect the interests and support persons living with disabilities. Through funds such as the Uwezo Fund under the Members of Parliament and County Government allocations, we can all make an impact and support PWDs just like other special groups under affirmative action,” she said. The Woman Representative further called on the government to ensure all hospitals in the country are well equipped with Rehabilitative Medical personnel, drugs and equipment which play a crucial role in the care of PWDs. She pointed out that most health facilities lack personnel or equipment to help them function. “We appeal to both the national and county governments to ensure rehabilitative medicine departments are fully operational and have the necessary equipment such as mobility devices, assistive technology and gadgets so that PWDs can benefit from them. In addition, the equipment should be made affordable,” she said. The legislator disbursed foodstuffs and money for the festivities to Kiraro PWDs Group which has 30 members.False claims of injuries in Intine Village bombing dismissed

Carson Beck’s season is officially over. Georgia’s starting quarterback underwent successful surgery to repair his UCL in his right elbow on Monday, the school announced. He’s expected to make a full recovery, but this means that Beck will miss the entirety of . Beck initially went down in the first half of Georgia’s win over Texas in the SEC Championship earlier this month. His arm was hit hard by a Longhorns defender as he tried to make a final throw before halftime, which knocked the ball loose and left him curled up in a lot of pain on the ground. A whole lot happened on the final play of the first half. — Awful Announcing (@awfulannouncing) Beck missed the second half of the game, though backup quarterback Gunner Stockton took over and led the Bulldogs to the win in overtime. That secured them a spot in the College Football Playoff and an automatic bye to the Sugar Bowl. They’ll take on Notre Dame in the quarterfinals on Jan. 1. in the playoffs ever since the injury, and had considered his return “unlikely.” Beck will finish the year having thrown for 3,485 yards, 28 touchdowns and 12 interceptions. It’s unclear how the injury will impact him in the pre-draft process. Beck was not listed in the first round of , though there aren’t a ton of great quarterbacks in this draft class. If Beck can throw ahead of the draft in April, his stock could theoretically rise — though this injury will undoubtedly make that much more difficult. Stockton went 12-of-16 for 71 yards and threw an interception against Texas in the SEC title game. Trevor Etienne ran in a 4-yard touchdown in overtime to seal the 22-19 win, though Beck returned for that play to hand the ball off. Stockton has appeared in three games this season, and has thrown for 206 yards and completed 25 passes. The sophomore recruit and the No. 2 quarterback in his class coming out of high school. Stockton is expected to get the start against the Fighting Irish in the Sugar Bowl. Notre Dame, which rolled over Indiana 27-17 in the first round, is listed as a 1.5-point underdog against Georgia in the quarterfinals on . While the Bulldogs' chances at a third title in the last four years have undoubtedly diminished with Beck's absence, Georgia head coach Kirby Smart has had plenty of extra practice time to get Stockton ready to go. “Well, I would say just experience [helps Stockton], right?” Smart said on Monday, . “I do think knowing when you get ready for an opponent like Notre Dame, you need time. ... We prepared for some of that prior to that because we knew it would be one of two opponents. But I think the biggest thing is just competition and practice. The situations we put him in. All those things allow him to get better as a quarterback.”

Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Thrivent Financial for Lutherans

Stevenson's 20 lead Cleveland State past Green Bay 83-61

Fetch Big Savings With Chewy’s Cyber Weekend Sale: Get Up to 60% Off Toys, Treats, and AccessoriesSince the passage of the Clean Air Act in 1970, the Environmental Protection Agency has worked collaboratively with the automotive industry to reduce air pollution from light duty vehicles. This year marks the 50th anniversary of the EPA’s Automotive Trends Report, an annual publication that explains the agency’s complex regulatory framework and documents the compliance of individual automakers. The authoritative report features a comprehensive dataset on every light duty vehicle sold in the United States since 1975and provides sophisticated analysis of the major trends shaping the industry’s environmental outcomes. The 2024 report includes finalized data from the 2023 model year and is prefaced by a letter from EPA Administrator Michael Regan acknowledging the 50-year milestone. The congratulatory statement honors the agency’s career professionals, highlighting achievements that “ultimately led to an impressive 99 percent reduction of common vehicle tailpipe pollutants, such as hydrocarbons, carbon monoxide, nitrogen oxides and particulate matter.” The letter goes on to emphasize the scientific value of the dataset as the auto industry struggles to mitigate tailpipe carbon dioxide, an inevitable byproduct of gasoline combustion and a substantial contributor to climate change. Carbon dioxide emissions are now the primary focus of the report, and the latest statistics provide a bit of encouraging news. The average light duty vehicle from model year 2023 produced 319 grams of carbon dioxide per mile (g/mi), an 18-g/mi improvement over model year 2022. The respectable reduction in tailpipe emissions corresponded to a year over year fuel economy gain of 1.1 MPG, with the average 2023 vehicle getting 27.1 miles to the gallon. The fifty-year history of real-world fuel economy trends can be divided into three distinct periods. Between 1975 and 1987, fuel economy improved rapidly as the United States responded to the Arab oil embargo, rising from 13.1 MPG to 22.0 MPG. When concerns about energy independence faded during the late eighties, gas mileage began a slow descent, dropping steadily to a low of 19.3 MPG in 2004. A strong upward trend emerged in 2005 as growing apprehension about climate change catalyzed a relentless effort to mitigate tailpipe carbon dioxide. The 2023 figures for MPG and CO2 emissions are the latest in a string of all-time records that began in 2009. The EPA attributes most of the recent progress to increased production of battery electric vehicles and plug-in hybrid electric vehicles. When BEVs and PHEVs are statistically removed from the 2023 model year fleet, average CO2 emissions rise to 357 g/mi and average fuel economy drops to 24.9 MPG. These hypothetical averages are identical to the finalized outcomes from the 2017 model year. Automotive technologies that increase the fuel economy of conventional internal combustion vehicles are being undermined by consumer trends favoring larger, more powerful models, and it will be challenging to improve their efficiency much further. The 50th Anniversary of the Automotive Trends Report coincides with a dawning era of environmental innovation. Maintaining progress against carbon dioxide will now depend on increasing the proliferation of our cleanest powertrains, and there are good reasons to be hopeful as we reflect on the promising outcomes from 2023.

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