LegalDow Chemical ordered to pay $1.2 billion in urethane price-fixing probe 12:01 am U.S. ET | May 17, 2013 A federal judge in Kansas City, Kansas, ordered Dow Chemical to pay $1.2 billion in a price-fixing case involving chemicals used to make foam products in cars, furniture and packaging, according to court documents.... Read More »
F-1 racing boss Ecclestone denies bribing German banker, lawyers sayMay 16, 2013 09:49 CET  Lawyers for Formula One racing boss Bernie Ecclestone repeated that he had not bribed a German banker during the 2005-2006 sale of a stake in the motor-racing business, after a German newspaper reported he had been charged by prosecutors.... Read More »
Ford aid from Spain probed by EU antitrust regulatorsMay 15, 2013 12:19 CET  European Union antitrust regulators will investigate whether a 25.2 million euro ($32.71 million) grant given by Spanish authorities to Ford's factory in Valencia breached EU state aid rules.... Read More »
Lawsuit claims defects in Ford 3.5-liter V-6 EcoBoost engine 1:07 pm U.S. ET | May 15, 2013  Ford is being sued by three vehicle owners in Ohio because of alleged defects in the automaker's six-cylinder EcoBoost engine.... Read More »
Porsche SE to seek dismissal of legal claims filed in GermanyMay 14, 2013 12:04 CET  Porsche SE says legal claims by plaintiffs in Germany seeking more than 1.36 billion euros ($1.77 billion) in connection with its failed attempt to takeover Volkswagen in 2008 are unfounded. The family-controlled holding company that owns a majority of VW, says it will file a motion to dismiss the claims.... Read More »
Porsche faces $1.8 billion suit over Volkswagen options tradesMay 13, 2013 14:34 CET  Porsche Automobil Holding, already facing suits seeking a combined 4 billion euros ($5.2 billion) linked to the carmaker's aborted takeover of Volkswagen, was sued by more hedge funds in Germany.... Read More »
Michigan couple appeal sentence in GM trade-secret case 6:07 pm U.S. ET | May 13, 2013 A Michigan couple sentenced to prison for stealing General Motors hybrid-car technology trade secrets filed appeals Friday with the 6th U.S. Circuit Court of Appeals in Cincinnati.... Read More »
BMW under inspection in India after report of tax probeMay 9, 2013 06:01 CET  BMW has said it is cooperating with Indian authorities after a newspaper reported the automaker is being investigated for possibly owing $120 million in taxes.... Read More »
Porsche says 12 additional hedge funds withdraw U.S. suit appealMay 1, 2013 06:01 CET  Porsche SE says an additional 12 hedge funds have dropped a U.S. court appeal in a market manipulation suit focusing on the company's failed attempt to takeover Volkswagen in 2008.... Read More »
PSA unions back job-cuts plan, French plant closureApril 30, 2013 06:01 CET  PSA has received the backing of five of its six main unions to push ahead with plans to eliminate 11,200 jobs and shutter a French factory, a central part of wide-ranging reforms at the French carmaker aimed at halting ongoing losses.... Read More »
Porsche SE is optimistic of prospects in German investor lawsuitsApril 30, 2013 11:04 CET  Porsche SE, the family-owned company that controls a majority stake in Volkswagen, remains confident of success in lawsuits in a German court over alleged market manipulation during a failed takeover of VW in 2008.... Read More »
Couple found guilty of stealing GM secrets set for sentencingApril 29, 2013 06:01 CET  A Michigan couple found guilty of stealing General Motors trade secrets related to hybrid-car technology to help develop similar vehicles in China will be sentenced Tuesday in Detroit.... Read More »
LEGAL FILE Dealership group ordered to pay off trade-ins on time 12:01 am U.S. ET | April 29, 2013 A Pacific Northwest auto dealership group and its principal have been ordered to pay off vehicles traded in at four of its stores in a timely manner after being sued by the state of Washington.... Read More »
Couple found guilty of stealing GM secrets set for sentencing 3:17 pm U.S. ET | April 26, 2013  A Michigan couple found guilty of stealing General Motors trade secrets related to hybrid-car technology to help develop such vehicles in China will be sentenced Tuesday in federal court in Detroit.... Read More »
VW, board member Garcia Sanz under investigationApril 25, 2013 12:34 CET  VW Group and management board member Francisco Javier Garcia Sanz are under investigation by German prosecutors over allegations they failed to prevent corruption at the company.... Read More »
Carfax hit with $50 million antitrust lawsuit by 120 dealerships 4:25 pm U.S. ET | April 24, 2013  The owners of 120 auto dealerships have filed a federal lawsuit against Carfax, alleging that the vehicle history reporting company engages in anti-competitive practices and violates antitrust laws.... Read More »
Boston-area dealership had bird's eye view of bombing suspects' gunfight, arrest 4:23 pm U.S. ET | April 22, 2013  A week after the Boston Marathon bombings, the city was beginning to return to normal today with shops reopening and residents heading back to work. But three days ago -- when the area was under lockdown as officials searched endlessly for the second suspect involved in the blasts that left three dead and over 170 injured -- it was a different story.... Read More »
LEGAL FILE Toyota store must defend airbag suit 12:01 am U.S. ET | April 22, 2013 A Toyota dealership that routinely serviced a 1995 Corolla for the original owner must defend a failure-to-warn airbag deployment suit brought by an injured plaintiff who bought the car used, a split Louisiana Court of Appeal panel has ruled.... Read More »
Porsche's criminal probes may help investors' German lawsuitsApril 16, 2013 13:34 CET  German lawsuits from investors seeking 4 billion euros ($5.2 billion) from Porsche SE over its failed takeover of Volkswagen may be helped by details from ongoing criminal probes into senior company executives.... Read More »
Q&A Musk: Why franchised dealers are wrong retail route for EVs 12:01 am U.S. ET | April 15, 2013  After testifying last week before Texas legislators, Tesla Motors CEO Elon Musk talked in depth with Automotive News about his reluctance to use franchised dealers. The following is an excerpt of the interview with Automotive News reporter Amy Wilson:... Read More »
LEGAL BRIEFS Ex-GM dealer fights fraud conviction 12:01 am U.S. ET | April 15, 2013 A former Florida auto dealer is appealing a federal judge's refusal to overturn his fraud and conspiracy conviction and 135-month prison sentence for engineering a floorplanning scam.... Read More »
Tesla wins N.Y. verdict; lobbying continues in Texas 6:12 pm U.S. ET | April 11, 2013  Tesla Motors has won a round in its legal fight against franchised dealership laws in New York over direct sales to consumers while it continues to lobby Texas legislators on the issue.... Read More »
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 »
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