DETROIT - The U.S. District Court in Detroit last week dismissed a trademark infringement lawsuit brought by Ford Motor Co. against Internet startup Model E Corp. of Fremont, Calif.
The court ruled Ford failed to allege a proper basis for bringing the suit against Model E in Michigan. The suit argued Model E's name too closely resembled Ford's past vehicle names.
Model E offers vehicles over the Internet to subscribers who pay a monthly fee.
MORE MONEY RAISED
SAN FRANCISCO - Online used-car firm iMotors.com has raised another $62.5 million in private investment capital. That brings the total equity capital raised to $139 million.
The company said it plans to use the money to pay for its national expansion and to invest in technology infrastructure.
iMotors customers specify the used vehicle they want. The company finds the vehicle, reconditions it and ships it to a local delivery center where the customer picks it up. Vehicles come with a 3-month/3,000-mile warranty and a 7-day/700-mile money-back guarantee.
WORKERS SUE GM, UAW
DETROIT - Twenty-one General Motors workers sued GM and the UAW last week, claiming the leaders of their union local demanded jobs for relatives and improper overtime payments for ending a 1997 strike at GM's truck plants in Pontiac, Mich.
GM said only that it is cooperating. The lawsuit, filed in U.S. District Court in Detroit, alleges fraud, collusion and extortion over alleged GM-accepted demands by UAW Local 594 in Pontiac.
The suit says the UAW and GM breached their contract and duty and that Local 594 did not represent its members fairly. It also says the strike settlement was delayed for two months to pressure GM to hire two unqualified skilled-trades workers.
PT CRUISER GETS NEW ENGINE
TRAVERSE CITY, Mich. - DaimlerChrysler said it will put a new four-cylinder, 1.6-liter gasoline engine into the PT Cruisers that will be built at the Eurostar plant in Graz, Austria, starting early next summer.
The engine will be offered to the European market but will not be an option for the United States, Mexico, Canada and South America.
The engine will be manufactured at Tritec Motors Ltd., DaimlerChrysler's and BMW AG's 50-50 joint venture plant in Campo Largo, Brazil.