lawsuit
-
0Breaking: Toyota proposes economic loss settlement worth up to $1.4 billion over unintended acceleration claims 1356581700
Toyota announced a proposal today worth over a billion dollars to settle civil claims of economic loss related to alleged cases of sudden unintended acceleration in its vehicles from 2009-2010. Estimates place the cost of the settlement between $1.1 billion and $1.4 billion, which would, ...
-
Report: Lotus suing former CEO Bahar over spending on homes, helicopters and watches 1354545060
More details have come out about the legal suit and countersuit being contested between Lotus cars owner DRB-Hicom and former CEO of Lotus Dany Bahar. Bahar was brought in by Malaysian car company Proton in 2009 to turn Lotus around, and events during his tenure have made just about everyone ...
-
Report: Former Mercedes-Benz US boss Lieb loses wrongful dismissal suit 1353281640
Automotive News Europe reports Ernst Lieb, the former Mercedes-Benz USA CEO, has lost a wrongful dismissal suit against his former employer. As you may recall, parent company Daimler fired Lieb claiming the 57-year-old executive used company funds to upgrade his personal home, though he has denied ...
-
Report: Toyota to settle $25.5M US investor lawsuit over unintended acceleration fallout 1352919660
Toyota Motor Corp. has decided to settle a shareholder class action lawsuit for $25.5 million. The suit began in early 2010 after reports of accidents attributed to unintended acceleration cropped up. The class action accused Toyota of improperly disclosing "safety and quality issues" related to ...
-
Report: UAW trust demands Fiat pay $342M for Chrysler shares 1352829660
Last month, we brought you the latest news in a rather tenuous ordeal between Fiat and the United Auto Workers over the future of the Italian automaker's stake in Chrysler. The union contended that Fiat failed to make an adequate offer for the 3.3-percent stake that was sought. Fiat offered ...
-
Report: Chevy dealer sells car for wrong price, apologizes after having buyer arrested 1349219640
A Virginia man spent four hours in jail after purchasing a Chevrolet Traverse from Priority Chevrolet in Chesapeake, VA. The dealer's sales staff accidentally sold the SUV to Danny Sawyer for $5,600 less than they should have, and when Sawyer refused to sign a new, more expensive contract for the ...
-
Report: GM denies Spyker claims in $3B Saab lawsuit 1349201700
Reuters reports General Motors has dismissed claims by Spyker outlined in a $3 billion lawsuit. Spyker alleged GM deliberately bankrupted Saab by preventing a deal with Chinese investor Zhejiang Youngman Lotus. GM, meanwhile, filed a response with the U.S. District Court for the Eastern District of ...
-
Report: GM granted 30-day extension on Spyker's Saab-related lawsuit 1346072340
General Motors has asked for more time to reply to the lawsuit brought by Spyker over the Saab affair, and Spyker has agreed to extend the deadline one month until September 28. A quick refresh: Spyker has accused GM of tortious interference in Saab's dealings with the Chinese investors that ...
-
Report: Ken Block suing former co-producers of Gymkhana vids 1345578240
When we say "gymkhana," what comes to mind? If it's the drift maestro Ken Block, then you understand the crux of a lawsuit by Block against the former producers of his popular video series. If you go to Gymkhana.com, you'll find all sorts of photos, videos, and links related to the sport. What ...
-
Report: Flagship Mercedes-Benz NY dealership in hot water over racism lawsuit 1345572060
In a lawsuit filed in New York federal court, Mercedes-Benz Manhattan is charged with firing two employees after they complained about racist comments at the dealership. Burnell Guyton and Andre Grammer, both African American, claim they found racist graffiti several times on bathroom stalls ...

