Legal

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

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

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

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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Executives from Japan's NSK, Jtekt indicted in U.S. for price-fixing

12:42 pm U.S. ET | Nov. 14, 2014
Two more executives from Japanese auto suppliers have been indicted as part of the Justice Department's long-running investigation into price-fixing in the auto parts industry, the government said today....
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Senate to hold hearing on Takata airbag recalls; company subpoenaed by U.S. grand jury

6:24 am U.S. ET | Nov. 13, 2014
A Senate Committee hearing into the recalls of defective Takata airbags that have so far been linked to five deaths is slated for next Thursday, the committee announced today. Also, the supplier earlier today confirmed it received a subpoena from a federal grand jury looking into the handling of the flawed airbags....
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Aisin Seiki to plead guilty, pay $35.8 million fine in U.S. antitrust probe

11:53 am U.S. ET | Nov. 13, 2014
Japanese auto parts giant Aisin Seiki has agreed to plead guilty and pay a $36 million criminal fine for its involvement in a conspiracy to allocate customers of variable valve timing devices, the Department of Justice said today....
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Takata disputes report it hid airbag tests before recall crisis

9:06 pm U.S. ET | Nov. 12, 2014
Takata said it tested airbags in 2004 for an issue separate from the flaw at the center of an auto-safety crisis, disputing a report by the New York Times last week....
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Takata accused in lawsuit of burying bad airbag test results

8:26 am U.S. ET | Nov. 11, 2014
Takata, the maker of automobile airbags with a potentially lethal defect that prompted the recall of almost 8 million cars, was accused in a lawsuit of a years-long cover-up....
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Ford dealership pays $128,780 in EEOC settlement after firing disabled manager

5:25 pm U.S. ET | Nov. 10, 2014
Randall Ford in Fort Smith, Ark., has been ordered to pay a former used-car manager $128,750 after failing to accommodate his post-spinal surgery disability and then firing him, the U.S. Equal Employment Opportunity Commission said last week.
...
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THE AIRBAG RECALL CRISIS

Reports of Takata coverup 'require a criminal investigation,' lawmakers say

11:00 am U.S. ET | Nov. 7, 2014
Lawmakers have called for a federal criminal probe into Japanese auto supplier Takata following a report that the company destroyed results of airbag tests conducted in secret in 2004....
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GM's first safety-defect trial set for January 2016

2:59 pm U.S. ET | Nov. 6, 2014
A federal judge in Manhattan has set Jan. 11, 2016, for the first trial in consolidated litigation against GM over a series of safety issues, including a faulty ignition switch, that have prompted millions of recalls this year....
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Ryan Hunter-Reay races to Indy 500 winner’s circle

BorgWarner’s video montage highlighting 2014 Indianapolis 500 winner Ryan Hunter-Reay. Thu., January 15
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