Dutch courts have granted Spyker's petition and overturned a previous bankruptcy ruling, paving the way for the exotic automaker to get back in business - with plans to produce the B6 Venator, merge with an electric aircraft manufacturer and produce its first electric vehicle.
Four Chrysler dealers shuttered during the automaker's bankruptcy have one less obstacle in their way to reopening following a US appeals court ruling. However, they still have to work things out with FCA.
When Paul Walker and Roger Rodas died over a year ago in a Porsche crash, they left behind the issue of ownership over a collection of 30 cars. Now the former's family is reportedly demanding that the latter's pony up or go to court.
Tyler Walker has a bit of a drug problem. It's what got him kicked out of NASCAR, what possessed him to lead police on a high-speed chase across Nevada, Utah and into Arizona, and what finally got him arrested. Now two years later, he's plead guilty to a litany of charges, and will be sentenced in February.
The story of Saab is practically a Greek tragedy at this point. The quirky Swedish automaker that was once known as a pioneer of affordable turbocharging has been followed by years of news that just seemed to keep getting worse. At this point, maybe the brand name should be allowed to fade away into the ether and be remembered for the good times that it gave us.
It's going to be a while before we've figured out our brave new marijuana-approved world. The next lesson comes courtesy of the Michigan Supreme Court, which has reportedly ruled that it isn't necessarily against the law for a medical marijuana user to drive with the drug in their system. The ruling comes after motorist Rodney Koon was busted for doing 83 miles per hour in a 55-mph zone and tested positive for "internal possession of marijuana."
Slowly, the many loose threads still dangling after the unintended acceleration issue Toyota faced a few years ago are being resolved. The Orange County District Attorney's office was believed to be the first DA's office to take Toyota to court, its suit alleging that Toyota knew its cars had defects and continued to sell them. The suit sought to "permanently enjoin Toyota from continued unlawful, unfair, deceptive, and fraudulent business practices as it pertains to both consumers and competito
General Motors may see a loss of $918 million should a bankruptcy judge rule certain hedge funds were favored over other investors during the automaker's 2009 restructuring. A trust representing a number of unsecured creditors has sued to undo a lock-up agreement that saw hedge funds receive around $367 million while other creditors were left to recover a slim fraction of their original investments. The creditors claim the agreement was unfair and that it took place after after the bankruptcy fi
BMW has been tussling in courtrooms with a South African auto parts supplier called Grandmark for 13 years. The real issue revolves, of course, around money, but the legal issue revolves around intellectual property rights regarding the design of car parts. South Africa allows entities to register an "Aesthetic Design" (AD) that "is new and original, and that has features which 'appeal to and are judged solely by the eye';" BMW has received Aesthetic Design registrations for both its vehicles an
A Saudi man in his thirties, identified by the name Mutannish in reports, has been sentenced to death for causing two onlookers to die during a driving demonstration of Hagwalah – one of the wild displays of drifting we're used to seeing from that part of the world. During the show, two were killed when a person in the audience was hit and fell onto another. The driver then sped off, failing to provide any assistance. His sentence was likely influenced by the fact that he went into hiding
Chrysler made the difficult (and controversial) decision in 2009 to close 789 dealerships leading up to the automaker's abbreviated bankruptcy. The move helped Chrysler eliminate some redundancies and limit in-brand competition, but many of the dealers who lost their franchises weren't at all pleased with the move.
Racing fans on either side of the Atlantic may be familiar with the name Mike Coughlan. The controversial engineer was at the heart of the Spygate scandal between the McLaren and Ferrari teams a few years back and was subsequently ejected from Formula One. While he was waiting for his banishment to expire, he came over to the U.S. where he was working for Michael Waltrip Racing in NASCAR. But as soon as his sentence was up, he was back in F1 with the Williams team. Trouble is, his contract with
Seems that Saab just can't catch a break. Yesterday, the Swedish automaker filed for government protection, citing that if approved, the company would undergo a voluntary reorganization. Now, a court has rejected Saab's application for protection.