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The theft ring is said to have made tens of millions of dollars off of the stolen catalytic converters. The feds have arrested 21 people in five states and are seeking $545 million in forfeitures.
Catalytic converters are emission control devices that aid in reducing the amount of pollution produced by gas-fueled vehicles and contain precious metals such as platinum, rhodium and palladium.
[11] [14] The codes on catalytic converters identify the make, model and place of origin of catalytic converters, which in turn identify their value, due to variation in state emission laws. [ 11 ] [ 18 ] As an example, GD3 EA6 denotes a Toyota Prius manufactured between 2004 and 2009; [ 11 ] [ 14 ] at the peak of the PRP metal prices, its high ...
A three-way catalytic converter on a gasoline-powered 1996 Dodge Ram Simulation of flow inside a catalytic converter. A catalytic converter is an exhaust emission control device which converts toxic gases and pollutants in exhaust gas from an internal combustion engine into less-toxic pollutants by catalyzing a redox reaction.
The company also announced a review of all of its brands and models, including its supercar marque Bugatti. [151] On 8 October 2015, Volkswagen US CEO Michael Horn said in testimony before the US Congress that it could take years to repair all the cars, especially the older models, due to the required complex hardware and software changes. He ...
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When Evan Turner signed with the Philadelphia 76ers in 2010, his two-year deal was estimated to be worth around $12 million. Though he was once the second overall draft pick for the NBA, he now ...
Fluid catalytic cracking (FCC) is the conversion process used in petroleum refineries to convert the high-boiling point, high-molecular weight hydrocarbon fractions of petroleum (crude oils) into gasoline, alkene gases, and other petroleum products.