lawsuit

Lotus sues fired CEO for lavish spending on homes, helicopters

Nov. 30, 2012 17:34 CET
Lotus said ousted CEO Dany Bahar stuck the carmaker with the cost of his luxury lifestyle. Lotus is seeking to recoup about $4 million for unauthorized expenses and overpaid salary and bonuses.... Read More »

 

Ex-GM engineer, husband found guilty of trade-secret theft

3:25 pm U.S. ET | Nov. 30, 2012
A former GM engineer and her husband were found guilty today of conspiring to steal the automaker's trade secrets for hybrid and electric vehicles. Shanshan Du, 53, the former GM employee, was ruled guilty of conspiracy to possess trade secrets without authorization and two counts of unauthorized possession of trade secrets. She was found not guilty of three counts of wire fraud.... Read More »

 

Lotus sues fired CEO for lavish spending on homes, helicopters

11:34 am U.S. ET | Nov. 30, 2012
Lotus said ousted CEO Dany Bahar stuck the carmaker with the cost of his luxury lifestyle. Lotus is seeking to recoup about $4 million for unauthorized expenses and overpaid salary and bonuses.... Read More »

 

ArcelorMittal wins revival of patent suit against AK Steel

12:04 pm U.S. ET | Nov. 30, 2012
ArcelorMittal won a revival of its patent-infringement case against AK Steel over a process to make steel stronger so it can be used in automobile manufacturing.... Read More »

 

Porsche argues U.S. is not the forum for suit by hedge funds

Nov. 30, 2012 06:01 CET
Porsche SE is seeking to reverse a ruling in the United States that the company must face a lawsuit by hedge funds accusing it of hiding a plan to corner the market in Volkswagen shares.... Read More »

 

Porsche argues New York is not the forum for suit by hedge funds

6:19 pm U.S. ET | Nov. 29, 2012
Porsche SE is seeking to reverse a ruling that the carmaker must face a lawsuit by hedge funds accusing it of hiding a plan to corner the market in Volkswagen AG shares.... Read More »

 

Japanese auto parts exec pleads guilty to price fixing as U.S. probe expands

3:44 pm U.S. ET | Nov. 16, 2012
A Japanese auto parts executive working in Ohio has pleaded guilty to price-fixing in U.S. District Court in Toledo as the U.S. Justice Department's bid-rigging probe spreads to anti-vibration rubber parts.... Read More »

 

Mercedes ex-U.S. boss Lieb loses wrongful dismissal suit

Nov. 16, 2012 13:27 CET
A German court has rejected a wrongful dismissal lawsuit brought by former Mercedes-Benz USA boss Ernst Lieb against Daimler, which accused the manager of improperly using company money to equip his home.... Read More »

 

American pair destroyed, discarded key GM evidence, FBI testifies in criminal trial

4:28 pm U.S. ET | Nov. 6, 2012
An American couple accused of stealing General Motors’ trade secrets used a large trash container at a Metro Detroit grocery store to discard the evidence, FBI special agents testified Tuesday at a criminal trial in Detroit.... Read More »

 

NADA seeks Tesla meeting to discuss retail store plans

8:04 am U.S. ET | Oct. 24, 2012
The National Automobile Dealers Association is seeking to meet with electric-car maker Tesla Motors Inc. about its retail network plans. Tesla, the maker of the Model S, is defending its retailing strategy against lawsuits by state auto dealer groups.... Read More »

 

Tesla co-founder Elon Musk defends retail strategy

4:12 pm U.S. ET | Oct. 22, 2012
Tesla Motors co-founder Elon Musk is defending the electric vehicle maker's retail strategy from charges that it runs afoul of state laws. Dealers in Massachusetts and New York sued Tesla last week to shut down company-owned stores they claim violate state franchise laws and consumer protection laws.... Read More »

 

Dealers sue Tesla in Mass., N.Y., to block company stores

3:41 pm U.S. ET | Oct. 19, 2012
Dealers in Massachusetts and New York are suing to shut down Tesla Motors stores they say run afoul of franchise laws and consumer protection measures in their states. The Massachusetts State Automobile Dealers Association and some of its dealers filed a complaint Tuesday in Norfolk County Superior Court seeking to shut down Tesla's store in the Natick Mall in suburban Boston.... Read More »

 

Porsche SE faces further lawsuit over VW takeover plan

Oct. 12, 2012 08:58 CET
Porsche SE, the holding company and former owner of German carmaker Porsche, has received a fresh lawsuit linked to its 2008 attempt to take over Volkswagen Group in the form of a 213 million euro ($275 million) claim from the family of a deceased industrialist.... Read More »

 

Chrysler, 2 rejected dealers head to court

6:13 pm U.S. ET | Oct. 11, 2012
The owners of former New York dealerships Eagle Auto Mall and Terry Morris Chrysler-Jeep will face off against Chrysler Group in court on Dec. 3 in suits stemming from allegedly wrongful franchise terminations.... Read More »

 

Spyker will oppose GM's motion to dismiss Saab lawsuit

Oct. 1, 2012 13:11 CET
Dutch sports car maker Spyker, which is suing General Motors for more than $3 billion on behalf of Saab, said on Monday it will oppose GM's motion to dismiss the case.... Read More »

 

GM dismisses claims in Spyker's $3 billion suit over Saab

12:01 am U.S. ET | Sept. 29, 2012
GM dismissed claims made in a $3 billion lawsuit filed by Saab's parent that the U.S. automaker deliberately bankrupted the Swedish company by blocking a deal with a Chinese investor.... Read More »

 

GM's finance chief says creditor suit may harm company

4:34 pm U.S. ET | Sept. 27, 2012
General Motors CFO Daniel Ammann, who advised the automaker on the eve of its 2009 bankruptcy while working as a Morgan Stanley banker, said a lawsuit over some Canadian notes may harm the company by as much as $918 million, or 50 cents a share.... Read More »

 

Former Toyota IT contractor accused of computer hacking, sabotage

5:51 pm U.S. ET | Sept. 20, 2012
A fired Toyota IT contractor has been accused of hacking into and sabotaging the company's internal computer software and system in a criminal complaint filed by federal prosecutors in Kentucky.... Read More »

 

Porsche SE wins dismissal of German investor lawsuits over VW shares

Sept. 19, 2012 10:04 CET
Porsche SE said it welcomed the decision by a German court on Wednesday to dismiss two investor lawsuits against the holding company alleging market manipulation involving VW shares. The company pledged to fight remaining legal cases "with all rigor," a spokesman said.... Read More »

 

Mercedes defeats patent challenge over drowsiness detection

4:49 pm U.S. ET | Sept. 7, 2012
Daimler AG's Mercedes-Benz unit won a U.S. lawsuit that accused the automaker of infringing a patent for a monitor to detect when a motorist is drowsy. The patent, owned by licensing company Ibormeith IP, is invalid, U.S. District Judge Faith Hochberg ruled this week in federal court in Newark, N.J. She said the patent owner never clearly described what the invention claimed to cover.... Read More »

 

Ex-Porsche CFO Haerter 'aghast' at criminal case over bank loan

Sept. 5, 2012 11:34 CET
Former Porsche CFO Holger Haerter told a German court on the first day of his trial that he didn't make misleading statements in 2009 when the company refinanced a 10 billion-euro loan ($12.5 billion).... Read More »

 

JIM HENRY

F&I lobbyists seek easier state rules for wide range of products

12:01 am U.S. ET | Sept. 5, 2012
F&I industry lobbyists have been pretty successful advocating a “model act” in state legislatures governing the sale of extended-service contracts. So the next move is to take a similar approach for other F&I products, such as GAP policies and tire-and-wheel plans.... Read More »

 

Ford accused of infringing on fuel-injection patent in F-150

12:46 pm U.S. ET | Aug. 30, 2012
Ford was accused in a lawsuit of infringing a 2008 patent covering a fuel-injection system in its F-150 trucks. Ford allegedly began selling vehicles, including the F-150, that incorporated the patent's fuel system design after telling the inventor the company had no interest in the technology, according to the complaint filed Wednesday in federal court in Philadelphia by TMC Fuel Injection System.... Read More »

 

VW will protect China patents, Winterkorn says

Aug. 30, 2012 21:11 CET
Volkswagen is concerned about a possible unauthorized use of some of its patents by Chinese joint venture partner FAW and will protect its patents rigorously, CEO Martin Winterkorn told a German newspaper.... Read More »

 

VW CEO concerned about patents in China

3:11 pm U.S. ET | Aug. 30, 2012
Volkswagen AG is concerned about a possible unauthorized use of some of its patents by Chinese joint venture partner FAW and will protect its patents rigorously, CEO Martin Winterkorn told a German newspaper.... Read More »