Legal

Takata, automakers to face airbag product-liability cases in Florida court

1:33 pm U.S. ET | Feb. 6, 2015

A court case consolidating dozens of potential class-action lawsuits against Takata and some automakers for defective airbags will go forward in Florida, not elsewhere, as the embattled supplier and some automakers had hoped....
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UAW will create $354.5 million VEBA for staff retirees to settle suit

1:02 pm U.S. ET | Feb. 6, 2015

The UAW agreed to pay $354.5 million to create an independent retiree health care trust that will be similar to those established for retired auto workers at the Detroit 3. The formation of the Voluntary Employee Benefits Association is part of a proposed settlement of a federal lawsuit filed in December by retired union staff members who opposed 2013 changes to the UAW's retiree health care plan....
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2 executives at Japan's Mitsuba indicted in U.S. for price-fixing

3:56 pm U.S. ET | Feb. 5, 2015

Two executives of Japanese auto parts company Mitsuba were indicted today on charges of conspiring to fix the prices of auto parts and obstruction of justice, the Justice Department said....
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Toyota ordered to pay $11 million in trial over fatal crash

9:21 pm U.S. ET | Feb. 3, 2015

A jury on Tuesday ordered Toyota to pay nearly $11 million after finding that an accelerator defect in a 1996 Camry was at fault for a 2006 fatal car crash in Minnesota....
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BMW, Bosch join Deutsche Bahn in airline cartel damages claim

Feb. 2, 2015 12:29 CET

BMW and Bosch said they would join German train operator Deutsche Bahn in two claims for about 2.1 billion euros ($2.4 billion) in damages from air freight carriers that were involved in a cartel....
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KEITH CRAIN

This is right out of '1984'

12:01 am U.S. ET | Feb. 2, 2015

According to a Wall Street Journal report, the U.S. Justice Department is tracking millions of cars and knows just where they are. The paper reports that the effort started as a move to combat drug cartels near the Mexican border has expanded around the country. It is a massive intrusion on our rights....
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CHRISTIAAN HETZNER

BLOG: German auto industry feels ripples from Paris terror attacks

5:53 am U.S. ET | Jan. 30, 2015

The January killings of journalists at satirical magazine Charlie Hebdo in Paris have brought home to Germany the difficult issue of Jihadi attacks, with the debate now reaching the economic pride of the country, its carmakers....
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THE TAKATA RECALL CRISIS

U.S. safety regulators seek Takata whistleblowers

2:10 pm U.S. ET | Jan. 29, 2015

Federal safety regulators want to find whistleblowers with knowledge “of possible defects or any wrongdoing” by Takata, stepping up pressure on the airbag maker whose products are linked to five deaths and dozens of injuries....
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Japanese supplier Sanden agrees to $3.2 million fine in U.S. price-fixing case

6:33 am U.S. ET | Jan. 28, 2015

Japanese supplier Sanden has agreed to pay a US fine of more than $3 million and becomes the latest company tied to a wide-ranging auto supplier price-fixing prosecution for its brief role in setting the prices of air conditioning compressors for Nissan....
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FOILING FRAUD

Phony deals cost dealers reputation, vehicles and lenders

2:00 pm U.S. ET | Jan. 24, 2015

For employees in a dealership's finance and insurance office, spotting a potentially fraudulent deal is top priority. A mistake not only can cost a dealership a vehicle, it can hurt the store's reputation and its relationships with lenders. It's a challenge for all dealership groups....
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Dealers, captives battle in statehouses

2:00 pm U.S. ET | Jan. 23, 2015

A battle is heating up in several state capitals as dealer associations face off against carmakers and their captive finance companies over proposed state laws governing the sale of F&I products....
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JIM HENRY

BLOG: Lending practices face new scrutiny: States

11:30 am U.S. ET | Jan. 14, 2015

State officials aren't far behind the federal government in the present crackdown on auto lenders, especially in the subprime segment....
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Vandalized Toyotas stall car-sharing program in France

Jan. 11, 2015 06:01 CET

Toyota's electric car-sharing experiment in Grenoble, France, hit problems after several of the carmaker's i-Road vehicles were vandalized. The difficult start illustrates some of the challenges automakers face as they enter the electric-car market, where local support for infrastructure is key....
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Tammy Darvish sues father, DARCARS in ownership dispute

12:15 pm U.S. ET | Jan. 10, 2015

Tammy Darvish, the well-known face of DARCARS Automotive Group, is suing her father, John Darvish Sr., and the company he founded, after being left out of the dealership group's ownership team....
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Former Toyoda Gosei executive agrees to U.S. prison time, fine for price-fixing role

3:43 pm U.S. ET | Jan. 6, 2015

A former executive with Japan-based supplier Toyoda Gosei has agreed to plead guilty to a conspiracy charge and serve just over a year in prison for his role in fixing the price of automotive hoses sold to Toyota....
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Toyota opens hydrogen patents to advance fuel cells

4:00 pm U.S. ET | Jan. 5, 2015

Toyota said today it won’t enforce more than 5,600 patents it owns on hydrogen fuel-cell technology through 2020, allowing rivals to reap the fruits of its research royalty-free. The move mirrors a step last year by Tesla Motors....
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Technology winning the war on auto theft, report shows

2:31 pm U.S. ET | Dec. 19, 2014

Vehicle security technology and communication with law enforcement have been standing between thieves and their targets, with last year's vehicle theft rate at its lowest since 1960, a National Insurance Crime Bureau report said....
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Old GM tells New GM to compensate customers for faulty switches

1:04 pm U.S. ET | Dec. 18, 2014

GM customers won a key ally in their quest for $10 billion in compensation: the automaker's bankrupt predecessor, which said switch defects were illegally hidden from consumers during the company's 2009 bailout....
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Dongfeng faces corruption probe from Chinese authorities

Dec. 1, 2014 14:05 CET

Chinese authorities are investigating state-owned automaker Dongfeng Motor for possible corruption. Dongfeng is a local partner of PSA/Peugeot-Citroen and earlier this year bought a 14 percent stake in the French automaker....
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GM ordered to produce ex-CEO Wagoner's 2009 performance review

8:34 am U.S. ET | Nov. 26, 2014

A U.S. judge ordered GM to give customers any portions of former CEO Rick Wagoner's 2009 performance evaluation that relate to recalls and ignition-switch issues....
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EDITORIAL

Global companies should abide by the same rules

12:01 am U.S. ET | Nov. 24, 2014

Of all forms of price fixing, the practice of suppliers pre-arranging high and low bids on various contracts to share the business is distinctly Japanese. Nominally, it fits a national culture that values consensus and avoids conflict....
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PHILIP NUSSEL

BLOG: Automakers can stop supplier price-fixing now, but will they?

12:01 am U.S. ET | Nov. 22, 2014

Auto supplier price-fixing is a global criminal epidemic that stifles fair competition, inflates the cost of components for automakers, erodes investor confidence and rips off the customer. The auto industry can make it all stop right now, but will they?...
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HANS GREIMEL

BLOG: Japan's fugitive execs have called DOJ's bluff

9:56 am U.S. ET | Nov. 21, 2014

Are the fugitive Japanese businessmen indicted for alleged price fixing calling the U.S. government's bluff?...
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Porsche SE faces more legal risks from botched VW takeover

Nov. 15, 2014 09:54 CET

Porsche SE has warned shareholders it could be forced to return "economic benefits" from a failed takeover of Volkswagen if former board members are convicted....
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THE GM RECALL

Former GM engineer at center of recall crisis says 'I did my job the best I could'

12:01 am U.S. ET | Nov. 14, 2014

The General Motors engineer often identified as responsible for a faulty ignition switch that has been linked to 32 deaths said "I did my job the best I could" in his first public comments since GM recalled 2.6 million cars to address the defect early this year....
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