• April 23, 2013

    Dealers Hit Carfax With $50M Suit Over Auto Report Monopoly

    More than 120 auto dealers hit Carfax Inc. with a $50 million lawsuit in New York federal court Monday, claiming the company has created a monopoly in the vehicle history report market and has lowered the reliability of VHRs while increasing the price.

  • April 22, 2013

    Volvo Beats Class Cert. In Faulty Truck Engine Suit

    A North Carolina federal judge on Monday refused to certify a class action accusing two Volvo Group units of concealing engine defects from consumers, saying the plaintiffs failed to address what state’s laws should apply to warranty claims.

  • April 22, 2013

    Audi, VW Reach Reimbursement Deal Over Faulty Headlights

    A New Jersey federal judge on Friday preliminarily approved a settlement in which Volkswagen Group of America Inc. agreed to reimburse and extend warranties for a conditionally certified class of Audi and Volkswagen vehicle owners who launched suit over allegedly defective headlights.

  • April 22, 2013

    Settlements Start Clock On UIM Arbitration: Appeals Court

    The Pennsylvania Superior Court ruled Friday in a precedential decision that the four-year statute of limitations on arbitration over underinsured motorist claims begins on the date of the settlement with the underinsured driver.

  • April 22, 2013

    DaimlerChrysler Union-Busting Case Taken Up By High Court

    The U.S. Supreme Court on Monday granted DaimlerChrysler Corp.'s petition to review a Ninth Circuit ruling finding that a California federal court had jurisdiction over the German automaker in Argentine nationals' suit over union-busting activities and human rights violations by the Argentine government.

  • April 19, 2013

    9th Circ. Says Medicare Plan Can't Sue Geico For Hospital Bills

    The Ninth Circuit ruled Friday that while federal law allowed a Medicare Advantage plan to charge an auto company for $137,000 in hospital bills covering a man fatally hit by a car, the provider had no private right of action to recover the money.

  • April 19, 2013

    DC Circ. Greenlights DOT Cross-Border Trucking Program

    The D.C. Circuit gave its blessing on Friday to a cross-border trucking program with Mexico, rejecting a union's claims that the program was unlawful because the U.S. Department of Transportation held Mexican trucks to lower safety and emissions standards than American ones.

  • April 19, 2013

    Carlyle Takes Stake In British Car Service Co. Addison Lee

    A European leveraged buyout fund managed by U.S. private equity titan Carlyle Group LP has acquired a "significant" stake in U.K. car service firm Addison Lee from its founders, Carlyle announced Friday.

  • April 18, 2013

    Fla. Senate Panel Votes To Cut $230M Insurers Tax Credit

    The Florida Senate Appropriations Committee approved a bill Thursday that would eliminate a tax rebate for insurers worth $230 million annually in order to offset the bill's reduction in state vehicle registration fees, despite industry representatives' claims that the rebate is an important incentive and job creator.

  • April 18, 2013

    BMW Beats $5M Suit Blaming Airbag Defects For Injuries

    An Arizona judge on Wednesday issued a directed verdict in favor of BMW of North America LLC in a $5 million suit blaming allegedly defective airbags for a driver's severe injuries suffered during a high-speed collision.

  • April 18, 2013

    Montgomery On Its Own In Hyundai Land Suits, Insurer Argues

    Landmark American Insurance Co. on Wednesday asked an Alabama district court for a declaration that it does not have to defend or indemnify the Industrial Development Board of the City of Montgomery in two class actions regarding price guarantees for land given up for a Hyundai manufacturing site.

  • April 18, 2013

    ITC Probes Transatlantic Trade Pact's Impact On US

    The U.S. International Trade Commission announced Thursday it has launched an investigation into how the Transatlantic Trade and Investment Partnership Agreement between the U.S. and the European Union will impact the domestic economy.

  • April 17, 2013

    NY Home Rule Power Could Be At Stake In NYC Taxi Appeal

    A move by New York's top court reviving Mayor Michael Bloomberg's plan to deploy a new cab fleet in New York City's outer boroughs would hand sweeping power to the state lawmakers who approved it and undercut cities' legislative autonomy, lawyers for cabbies said ahead of oral arguments next week.

  • April 16, 2013

    Pa. Court Overturns Mistrial Ruling In Asbestos Case

    A Pennsylvania appeals court on Tuesday reversed the granting of a mistrial in an asbestos suit won by Ford Motor Co., Honeywell International Inc. and another company, ruling that the plaintiffs never properly objected to the participation of an extra juror.

  • April 16, 2013

    Daimler To Sell Remaining 7.5% EADS Stake

    German automaker Daimler AG has initiated the sale of its remaining 7.5 percent stake in Airbus parent EADS NV, with the Dutch aerospace company telling the automaker it will buy roughly €600 million ($788.4 million) in the offering, Daimler said Tuesday.

  • April 16, 2013

    Linklaters Reps Hertz In Chinese Car Rental Stake Buy

    Private equity-backed Hertz Corp. will scoop up a 20 percent stake in China Auto Rental, a move that gives the New Jersey rental car mainstay a toehold in a fast-growing market, the company said Tuesday.

  • April 16, 2013

    Chrysler Gets Defective Brake Suit Moved To NJ

    A proposed class action accusing Chrysler Group LLC of concealing a defect in its 2009 and 2010 Dodge Journeys will now be litigated in New Jersey after the carmaker on Friday successfully persuaded a California federal judge to move the lawsuit.

  • April 15, 2013

    Bankrupt Revstone Seeks To Sell Aluminum Forging Biz

    Bankrupt auto parts manufacturer Revstone Industries LLC asked a bankruptcy judge in Delaware on Friday to approve a plan to sell all the assets of its aluminum forging affiliate, despite having no lead or stalking horse bidders in place.

  • April 15, 2013

    Toyota Asks Justices To Send Brake Case To Arbitration

    Toyota Motor Corp. told the U.S. Supreme Court on Wednesday that a putative class action over alleged brake defects in its hybrid vehicles must be sent to arbitration, arguing that even the arbitrability of claims against a nonparty to a customer agreement must be decided by an arbitrator.

  • April 15, 2013

    AEX, Drivers Reach Settlement In Wage Class Action

    American Eagle Express Inc. has reached a $700,000 settlement with a certified class of delivery drivers who claimed the courier misclassified them as independent contractors in violation of Pennsylvania's Wage Payment and Collection Law, according to a motion filed in federal court Friday.