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Automotive

  • June 10, 2014

    IRS Loses Bid To Recover Double Refund From Transport Co.

    The Internal Revenue Service on Tuesday lost a bid to recover a $351,487 refund it accidentally issued twice to a unit of transportation giant YRC Worldwide Inc. after the U.S. Tax Court said the IRS can't use deficiency procedures to collect refunds caused by clerical errors.

  • June 10, 2014

    House Passes $52B Transportation, HUD Spending Bill

    The U.S. House of Representatives on Tuesday passed a $52 billion fiscal year 2015 appropriations bill for the U.S. departments of Transportation and Housing and Urban Development after approving several amendments, including a bar on contracting with companies accused of fraud or tax evasion.

  • June 10, 2014

    GM Chief Says Ignition Switch Fatality Total Could Rise

    General Motors CEO Mary Barra said Tuesday that the automaker's estimate of 13 fatalities tied to its ignition switch defect could increase as its settlement expert Kenneth Feinberg works out the eligibility criteria for GM's compensation plan for victims.

  • June 10, 2014

    Calif. Can’t Buckle To Self-Driving Car Rush, Group Says

    A consumer group on Tuesday urged the California Department of Motor Vehicles to steer clear of Google Inc.'s rush to push its driverless cars out into the market, saying the state's regulations need to be altered to allow more time for testing self-driving cars before they can operate on California roads.

  • June 10, 2014

    Japan's Trade Chair Calls For Compromise In TPP Talks

    The U.S. and Japan must each make compromises on issues like agricultural and automotive access if they want to reach a Trans-Pacific Partnership deal by year’s end, a Japanese trade official reportedly told a Washington think tank on Tuesday.

  • June 10, 2014

    Yahoo Can't Shed Parts.com Dilution Suit Over Sponsored Ads

    A California federal judge on Monday declined to dismiss online auto parts retailer Parts.com’s trademark infringement and dilution suit against Yahoo Inc. over sponsored advertisements for rivals featuring its brand that appear in search results, finding that Parts.com had added new details about the fame of its trademark.

  • June 10, 2014

    Michelin Puts Down $715M For Truck Tracker Sascar

    Michelin Group said Monday that it had agreed to acquire Brazilian digital fleet management company Sascar for 1.6 billion reais ($718 million), praising its business model and market position. 

  • June 10, 2014

    Appeals Court Backs NYC's $1B All-Nissan Taxi Plan

    A New York state appeals court on Tuesday said New York City's plan for an all-Nissan taxi fleet is legal, reversing a lower court's ruling that the city exceeded its authority when it awarded Nissan Motor Co. a $1 billion contract that would require the city's yellow cab operators to purchase a specific model of the company's cars.

  • June 10, 2014

    Yamaha Says Calif. Court Can't Hear Defect Claims Against It

    Yamaha Motor Co. Ltd. on Friday urged a California federal judge to toss a putative consumer class action alleging its boat motors have a design defect that leads to corrosion, saying the court doesn’t have jurisdiction over the Japan-based company.

  • June 10, 2014

    ON Semiconductor Pays $400M For Sensor Co. Aptina

    Arizona-based ON Semiconductor Corp. is set to buy California-headquartered image sensor maker Aptina Imaging for $400 million, the companies said Monday, in a deal designed to bolster ON Semiconductor's offerings in the automotive and industrial markets.

  • June 10, 2014

    Female Powerbrokers Q&A: Thacker Martinsek's Martinsek

    I succeeded by taking personal chances that give other lawyers sweaty palms. I recall, as a second-year associate, telling the national chair of litigation at my firm that his venue arguments “had Article III problems.” Ultimately, he agreed, says Amanda Martinsek, founding president of Thacker Martinsek LPA.

  • June 10, 2014

    Female Powerbrokers Q&A: Rutan & Tucker's Kathy Jenson

    Years ago, I had a sexist client. When I suggested we take a reasonable position during negotiation of a settlement agreement, he accused me of having a crush on my male opposing counsel. I fired him — life is too short to put up with that, says Katherine Jenson, chairwoman of Rutan & Tucker LLP's land use/natural resources practice group.

  • June 9, 2014

    Fisker Estate Gets OK To Send Ch. 11 Plan To Creditors

    A Delaware bankruptcy judge on Monday gave Fisker Automotive Holdings Inc. the green light to solicit creditor votes for a Chapter 11 liquidation plan that would distribute proceeds from the electric-car maker's $149.2 million sale to a unit of China's Wanxiang Group Corp.

  • June 9, 2014

    Tesla Might Open Up Electric-Car Patents To Stoke Popularity

    Tesla Motors Inc.'s CEO reportedly said at a product launch Saturday in London that the company might open up to other manufacturers its patents covering free charging stations that refuel electric cars, in order to promote the adoption of electric cars.

  • June 9, 2014

    High Court Won't Hear Auto Dealer Arbitration Appeal

    The U.S. Supreme Court on Monday declined to review a California state court ruling that dealt with questions of whether employers in the state could enforce arbitration agreements that required employees to waive their rights to a hearing in front of the state's labor commissioner.

  • June 9, 2014

    Telecommute Ruling Will 'Devastate' Employers, 6th Circ. Told

    The U.S. Chamber of Commerce wants the full Sixth Circuit to rehear the U.S. Equal Employment Opportunity Commission’s claims that Ford Motor Co. failed to accommodate a worker with irritable bowel syndrome when it refused to let her work from home most days, saying a panel decision allows employees to choose "where and when" they work.

  • June 9, 2014

    Deals Rumor Mill: Allergan, Credit Suisse, Alitalia

    Allergan shareholders have said they would support a $180-per-share deal with Valeant, while Credit Suisse is considering selling a stake in its U.S. fixed income business.

  • June 9, 2014

    FHWA Hastily Lifted Protection In Buy America Act, Union Says

    A labor union and a group of metal companies on Friday asked a District of Columbia federal judge to rule that the U.S. Federal Highway Administration illegally rushed the rulemaking process in a December 2012 change to the Buy America Act that lifted a restriction on iron and steel providers for federally funded road projects.

  • June 9, 2014

    Feds Say Auto Parts Exec Deserves Softer Sentence

    Federal prosecutors on Friday asked a Kentucky federal judge to be lenient when sentencing a Japanese auto parts manufacturing executive for conspiring to fix prices of anti-lock braking sensors sold to Toyota Motor Corp. amid an ongoing federal probe of the industry.

  • June 9, 2014

    GM Ignition Switch Economic Loss Suits Sent To NY

    The U.S. Judicial Panel on Multidistrict Litigation on Monday ordered dozens of suits against General Motors Co. claiming its deadly ignition switch defect undermined the value of their cars to be transferred to federal court in Manhattan for consolidated pretrial proceedings.