Goodyear sued by French employees over plant closure planApril 11, 2013 08:49 CET Goodyear was sued in its U.S. home city by French workers claiming the company violated laws of both countries as it implemented a plan to close a plant in Amiens, France.... Read More »
Former A123 battery maker settles supply claim with FiskerApril 4, 2013 06:01 CET The bankrupt electric-car battery maker formerly called A123 Systems, renamed B456 Systems, reached a settlement in which Fisker Automotive reduced its claims by 89 percent to $15 million. The accord with the bankruptcy case's unsecured-creditors' committee will substantially cut Fisker's $140 million in claims stemming from a rejection of its supply agreement and alleged breach of warranty obligations, according to court documents filed Tuesday in Wilmington, Del.... Read More »
Former A123 battery maker settles supply claim with Fisker 5:19 pm U.S. ET | April 3, 2013 The bankrupt electric-car battery maker formerly called A123 Systems, renamed B456 Systems, reached a settlement in which Fisker Automotive reduced its claims by 89 percent to $15 million. The accord with the bankruptcy case's unsecured-creditors' committee will substantially cut Fisker's $140 million in claims stemming from a rejection of its supply agreement and alleged breach of warranty obligations, according to court documents filed Tuesday in Wilmington, Del.... Read More »
Toyota store must pay crash victims $16 million 12:01 am U.S. ET | April 1, 2013 A Philadelphia jury has ordered a local Toyota dealership to pay six crash victims $15.7 million for its negligent maintenance and repair of the 2006 Toyota Sienna rental in which they were riding.... Read More »
Suit against Ford seeks class-action status over unintended acceleration 6:38 am U.S. ET | March 29, 2013  Ford vehicles are subject to unintentionally accelerating and lack fail-safe measures to prevent crashes in such incidents, according to a lawsuit seeking class-action status on behalf of owners in 14 states.... Read More »
LEGAL FILE Nissan store asks judge to rethink arbitration order 12:01 am U.S. ET | March 25, 2013 A Florida dealership that sued Nissan North America over remodeling funds must arbitrate the dispute, a federal judge ruled last month. Now the store wants the judge to reconsider.... Read More »
VW agrees to settle Audi CVT class-action case in U.S. court 1:02 pm U.S. ET | March 21, 2013  A federal judge has granted preliminary approval for the settlement of a class-action suit against Volkswagen Group of America over alleged defects with continuously variable transmissions in about 64,000 2002-06 Audi A4 and A6 models.... Read More »
GM's liquidating trust settlement talks fail 10:34 am U.S. ET | March 19, 2013  The trust liquidating General Motors' old assets in bankruptcy said settlement talks with a group of note holders failed, in a lawsuit over how hedge funds made claims in the company's 2009 bankruptcy.... Read More »
VW takeover law ruling may lead to big EU fine on GermanyMarch 12, 2013 23:14 CET  Germany may be forced to pay millions of euros in penalties by the European Union's highest court for failing to change its so-called Volkswagen law to conform to EU rules.... Read More »
Hyundai agrees to settle U.S. lawsuits over fuel efficiency 6:04 pm U.S. ET | Feb. 26, 2013  Hyundai has agreed to settle consumer lawsuits stemming from overstated fuel economy ratings for some 600,000 Hyundai vehicles sold in the United States. Financial terms of the tentative deal were not disclosed in a filing made by consumer attorneys in U.S. District Court in Los Angeles on Tuesday.... Read More »
Volkswagen gov't subsidy probe dropped by EUFeb. 26, 2013 12:34 CET  The EU has dropped a probe into aid given to Volkswagen by Germany after the government reduced the planned subsidy for the automaker, the European Commission said today.... Read More »
LEGAL FILE Appeals panel OKs arbitration in buyer's tiff with store 12:01 am U.S. ET | Feb. 25, 2013 A California Court of Appeal panel has ordered the buyer of a 2006 Toyota Sequoia to arbitrate her dispute with the dealership that sold the vehicle. The panel rejected arguments brought by Andrea Naasz that the arbitration provision in her standard sales contract is unconscionable and unenforceable.... Read More »
Former Fiat advisers found guilty of misleading marketFeb. 22, 2013 12:38 CET  Two former Fiat advisers have been handed suspended jail sentences and fines by an Italian appeals court for misleading the market in a 2005 stock transaction that secured the Agnelli family's control of the carmaker.... Read More »
Mercedes, UK dealers fined for competition breachFeb. 21, 2013 13:16 CET  Mercedes-Benz and three of its UK commercial vehicle dealers have been fined 2.6 million pounds ($4 million) by Britain's competition watchdog for price fixing between 2008 and 2010.... Read More »
Audi blocks use of GQ3 name by Qoros, report saysFeb. 18, 2013 13:15 CET  Audi won a temporary court injunction to prevent Chinese automaker Qoros from using the letter "Q" as as part of the name of a new sedan planned for Europe and China, a German newspaper said.... Read More »
Porsche manipulation probe extended to all board membersFeb. 12, 2013 10:34 CET  Stuttgart prosecutors have extended a probe into market manipulation during Porsche's failed bid to take over Volkswagen to all members of Porsche SE's supervisory board, including chairman Wolfgang Porsche and his cousin, Ferdinand Piech.... Read More »
Porsche, hedge funds agree VW case can be heard in GermanyJan. 31, 2013 20:46 CET  Porsche SE and several hedge funds seeking damages from the company agreed that New York was the wrong place to pursue compensation, and left the door open to bringing a case in German courts.... Read More »
PSA court ruling may delay job cutsJan. 29, 2013 12:30 CET  PSA will continue negotiating job cuts with unions despite a court ruling that ordered a temporary suspension of restructuring until the group completes worker consultations at two sites belonging to parts division Faurecia.... Read More »
LEGAL FILE Bergstrom resolves clash with Chrysler over Fiat points in Wis. 12:01 am U.S. ET | Jan. 28, 2013 Bergstrom Corp., Wisconsin's largest auto retailer, has settled its dispute with Chrysler Group over allocation of Fiat points in the state after its lawsuit against the automaker failed.... Read More »
Hewlett-Packard bid to query 2 GM defectors denied by judge 7:54 pm U.S. ET | Jan. 25, 2013 Hewlett-Packard lost a bid for a Texas court order allowing it to question under oath two former information technology workers who were among 18 people that quit the company in November to join GM.... Read More »
Toyota settles Utah unintended-acceleration suit, attorney says 2:04 pm U.S. ET | Jan. 16, 2013  Toyota agreed to settle an unintended-acceleration lawsuit stemming from a 2010 fatal crash in Utah that was scheduled to go to trial in February, an attorney for the plaintiffs said.... Read More »
LAWYER UP! Dealers adding in-house counsel 12:01 am U.S. ET | Jan. 14, 2013  Many large dealership groups have hired in-house lawyers or are beginning to consider doing so. Many dealers say the growing number of complex federal regulations, state laws, employee benefit laws and factory contracts creates a compelling need for daily legal advice.... Read More »
LEGAL FILE Court: Ford store owes Edge buyer damages 12:01 am U.S. ET | Jan. 14, 2013 A Ford store in Baton Rouge, La., has lost its bid to overturn a $34,702 damage award to purchasers of a 2008 Edge demo who were not told that the vehicle had been seriously damaged in an accident while being driven by a dealership employee.... Read More »
EDITORIAL Settlement offers proof of the need for tort reform 12:01 am U.S. ET | Jan. 7, 2013 Toyota Motor Corp. has bungled many aspects of the unintended-acceleration mess. But the proposed settlement of lawsuits involving a presumed loss of value in some used Toyota and Lexus models is outrageous and amounts to legalized extortion, which could total as much as $1.4 billion.... Read More »
Toyota wins preliminary approval of $1.1 billion settlement 6:19 pm U.S. ET | Dec. 28, 2012  Toyota and lawyers suing the company won preliminary court approval of a $1.1. billion settlement of claims that recalls for unintended acceleration hurt the value of U.S. customers' vehicles. The terms of the settlement filed Dec. 26 are "fair, reasonable and adequate," U.S. District Judge James V. Selna in Santa Ana, Calif., said in granting preliminary approval. Final approval will be determined following a fairness hearing set for June 14, Selna said.... Read More »
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