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Promoting collaboration between the European Union’s (EU) anti-fraud office OLAF and the European Public Prosecutor’s Office (EPPO) will be a key priority of the new EU budget, anti-fraud and public administration Commissioner once he takes office, probably on December 1.

Poland’s Piotr Serafin, a former cabinet head for past European Council president and now Polish Prime Minister Donald Tusk, performed effectively at his European Parliament confirmation hearing on November 7, and should be confirmed as Commissioner.…

While the reluctance of many companies to report fraud to law enforcement is well documented, it would be a useful deterrence if those cases that made it to court generated tough enough penalties to scare some scammers from scamming.

Alas, this is not often or even usually the case.…

Whether the billions of taxpayer dollars pledged for Canada EV supply chain by the Canadian, Ontario and Québec governments were value for money and should be maintained will be a key question in the country’ upcoming election cycle.

The federal Liberal government is teetering, with minority support within the Canadian parliament no longer buttressed by an agreement with the left-wing New Democratic Party (NDP).…

Profiling fraudsters can hone anti-fraud responses, helping investigators short-list likely suspects for detailed evaluation – and with profiling research and experience expanding, the effectiveness of such approaches is sharpening.

Forensic accountant and fraud examiner Dave Oswald, who runs Canadian anti-fraud consultancy Forensic Restitution (1), said: “Fraudster profiling can provide valuable insights into the minds of those who commit these crimes, helping law enforcement agencies and organizations to prevent, detect, and respond to fraudulent activity.”…

The Chinese government’s renewed efforts to pump prime its domestic battery electric vehicle markets (BEV) might boost already burgeoning sales in the short term, but it may herald a future flatlining of growth, a worrying sign for Chinese OEMs, industry experts have warned Wards Auto.…

The number of build-to-order (BTO) auto consumers pre-ordering vehicles in north America direct from OEMs, has been growing, and is expected to continue expanding, but not as quickly as automakers predicted during the Covid-19 pandemic. US sample survey data released by Cox Automotive in February (2024) said 267 consumers out of 1,932 had re-ordered vehicles on the previous 12 months, with 221 buying from franchised OEMs such as Ford and Toyota, while 46 bought from new form OEMs such as Tesla and Rivian.…

Automakers selling battery electric vehicles (BEVs) into the 27-country European Union (EU) market are working hard to fulfill EU regulatory requirements to provide digital battery passports using a unique serial number and QR code from February 2027.  https://www.consilium.europa.eu/en/press/press-releases/2023/07/10/council-adopts-new-regulation-on-batteries-and-waste-batteries/

The law was only adopted in July 2023, creating a compliance challenge for EU market automakers, many of them US-owned, said Beatriz Ildefonso, circularity and materials manager at the European Association of Automotive Suppliers (CLEPA), the suppliers representative body.…

The Japanese yen’s slide of more than 10% against the dollar in the past 12 months to reach a 38-year low may be propping up profits for Japan’s export-driven automakers but the resulting rising production input import costs are causing pain for Japanese auto parts suppliers businesses.…

BEV sales are stalling in the European Union (EU). After growth in 2021 and 2022, sales figures (https://www.acea.auto/pc-registrations/new-car-registrations-3-in-may-2024-battery-electric-12-5-market-share/) released July 18 by the European Automobile Manufacturers’ Association (ACEA) for the year through May 2024 show BEVs taking 12.5% of the EU car market, a decrease from 13.8% the previous year.…

Canada’s automakers are considering how to best overcome resistance to buying BEVs because of reduced range and recharging challenges in the country’s frigid winters.

There is plenty of evidence that battery ranges decline in cold winters, when charging takes longer, eats up more power and is more expensive.…