Automotive

  • April 25, 2014

    Meet The Dogged Attys Behind The GM Recall Suits

    To succeed in the ever-growing ignition-switch defect litigation, General Motors Co. will have to outmaneuver a roster of dogged plaintiffs attorneys, including the players behind the lawsuit that pushed the automaker to expand its recent recall and a long-time industry foe who won a $128 million verdict against Ford Motor Co. in a Pinto fire case.

  • April 25, 2014

    Peugeot's €3B Tie-Up With Dongfeng Gets Investors' OK

    PSA Peugeot Citroen shareholders on Friday approved the struggling automaker’s plan to raise €3 billion ($4.2 billion) on the capital markets, including about €1.6 billion from China's Dongfeng Group and from the French government.

  • April 25, 2014

    Delphi Automotive Investigates Possible Foreign Bribery

    Automotive parts manufacturer Delphi Automotive PLC said in a securities filing Thursday that the company was investigating whether some of its employees in China had made improper payments that violated the Foreign Corrupt Practices Act.

  • April 25, 2014

    GM's Q1 Profits Sink 86% As Recalls Hit 7M Vehicles

    General Motors Co.’s first-quarter profits sank nearly 86 percent to $125 million amid recalls of its cars and trucks that have affected approximately 7 million vehicles and caused GM to take a $1.3 billion charge on recall-related expenses, the embattled auto giant reported Thursday.

  • April 25, 2014

    NTSB Says GM Doesn't Have To Recall Chevy Equinox

    The National Highway Traffic Safety Administration decided Friday that General Motors LLC was not obligated to send a recall notice to customers who purchased the 2013 Chevy Equinox, saying some of the vehicles' noncompliance with federal vehicle safety standards was a minor issue.

  • April 25, 2014

    Deals Rumor Mill: Alstom, Dell, Allergan

    Despite an earlier denial, sources say Alstom is preparing to sell is global power division to General Electric for more than $10 billion, while Michael Dell, the founder and CEO of Dell Inc., is considering selling his corporate gardening business to a private equity-backed rival for an estimated $1 billion.

  • April 25, 2014

    Toyota's Criminal Settlement A Warning To Auto Industry

    The recent $1.2 billion settlement between Toyota Motor Corp. and the U.S. Department of Justice over claims the company hid defects that caused vehicles to accelerate suddenly will make auto manufacturers think twice before withholding information in future government investigations.

  • April 25, 2014

    Automakers Keeping Pace With EPA's Greenhouse Gas Rules

    Most carmakers achieved compliance with the federal government’s new greenhouse gas emission standards for light-duty vehicles during the first year of the program, according to a U.S. Environmental Protection Agency report released Friday.

  • April 25, 2014

    Ally Faces Suit Over Vehicles' Post-Repo Tax Benefits

    A putative class of consumers claim Ally Financial Inc. reaped tax benefits for forgiving consumer debts on vehicles it repossessed when those debts were never rightfully owed, according to their suit removed Thursday to California federal court.

  • April 25, 2014

    Charges Tossed Against Ex-Porsche Execs For Failed VW Deal

    A German court on Thursday threw out criminal charges of market manipulation against the former CEO and CFO of Porsche Automobil Holding SE over the company's unsuccessful effort to acquire Volkswagen AG, after finding that the evidence was insufficient to continue pursuing the case.

  • April 25, 2014

    Obama Makes Slight Progress On Trade Deal In Japan

    Although the U.S. and Japan have yet to reach a final agreement Trans-Pacific Partnership issues, the two countries said on Friday that they have outlined a plan for moving forward on market access to cars and agricultural products, following President Barack Obama's visit to Japan.

  • April 25, 2014

    Female Powerbrokers Q&A: Strasburger's Kim Moore

    I am more careful about my tone, reaction and emotion than might be the case with male colleagues. Early in my career I was cautioned about being too harsh or too aggressive, and I have heard other women partners criticized that they are not assertive enough, says Kimberly Moore, head of Strasburger & Price LLP's labor and employment practice group.

  • April 25, 2014

    Female Powerbrokers Q&A: Nicolaides' Sara Thorpe

    I was the only female attorney in my office, but I did not consider myself different. Although, unlike my male counterparts, I had to address situations like my female secretary on my first day saying in response to my request that she make photocopies, “Why? Are your hands painted on?” says Sara Thorpe, a founding partner at Nicolaides Fink Thorpe Michaelides Sullivan LLP.

  • April 24, 2014

    ADA Ruling Sets Stage For More Work-From-Home Bids

    A Sixth Circuit decision reviving an Americans with Disabilities Act suit brought on behalf of an ex-Ford Motor Co. worker shows that courts are warming to telecommuting as an ADA accommodation and will lead to more employees asking to work from home, lawyers say.

  • April 24, 2014

    9th Circ. Revives Some Claims In Chrysler Franchisee's Suit

    The Ninth Circuit on Thursday revived a suit alleging Chrysler Group LLC violated the order of a government-established arbitrator by offering a Los Angeles dealership unacceptable terms to be reinstated as a franchisee after the federal government’s bailout of Chrysler.

  • April 24, 2014

    GM Buyers Ask NY Judge For Recall Info After Calif. Dismissal

    California residents who own General Motors Co. cars asked a New York bankruptcy judge on Wednesday to let their investigation of the company and its recalled cars move forward after a California district judge put their litigation on hold.

  • April 24, 2014

    GM Discloses SEC's, Other Authorities' Probes Over Recall

    General Motors Co. is being investigated by the U.S. Securities and Exchange Commission, the U.S. Attorney’s Office for the Southern District of New York and other authorities in connection with its recent recall of more than 2 million cars, according to a Thursday filing with the SEC.

  • April 24, 2014

    Fed. Circ. Stays Out Of USPTO Decisions To Open AIA Reviews

    The Federal Circuit said Thursday it doesn't have jurisdiction to hear appeals of U.S. Patent and Trademark Office decisions on instituting inter partes reviews, which were created by the America Invents Act, shooting down such appeals by St. Jude Medical Inc., Procter & Gamble Co. and a car-dealership software maker.

  • April 24, 2014

    FTC Directors Back Tesla's Push To Direct-Sell Cars

    A trio of Federal Trade Commission directors on Thursday criticized laws in New Jersey, Texas and several other states that require consumers to purchase their cars from independent auto dealers, saying that car manufacturers such as Tesla Motors Inc. should be allowed to sell directly to consumers.

  • April 24, 2014

    PBGC Rips Revstone Creditors' 'Wasteful' Bid To Oust It

    The Pension Benefit Guaranty Corp. pushed back Wednesday against an attempt to kick it off the unsecured creditors committee for its proposed deal to settle $95 million in pension-related claims in the Revstone Industries LLC bankruptcy, calling the move “wasteful and unproductive.”