A U.S. judge said on Friday two Massachusetts men pose too great of a risk of flight to be released on bail given "spectacular" allegations that they helped orchestrate former Nissan Motor Co Chairman Carlos Ghosn's escape from Japan. U.S. Magistrate Judge Donald Cabell said U.S. Army Special Forces veteran Michael Taylor and his son, Peter Taylor, had also failed to show they would likely succeed in fighting the charges underlying Japan's recent request for their extradition. Cabell cited all
Ford Motor Co on Thursday said new staffing restrictions imposed on plants producing car parts in the Mexican state of Chihuahua were "not sustainable," the latest sign U.S. automakers are still reeling from coronavirus lockdowns in Mexico. Mexico is a key part of a wider international supply chain crucial to U.S. carmakers, many of which operate factories across the border in Mexico due to lower labor costs. Chihuahua, where the state government has limited employee attendance to 50% in plant
EU consumers should be able to sue Volkswagen in their national courts if they have bought cars with emission cheat devices installed, the Court of Justice of the European Union ruled on Thursday. The verdict by the EU's top court raises the possibility that the German carmaker could face masses of legal complaints from consumers across the bloc. The case came to the EU court after an Austrian court handling a claim by the Austrian consumer association VKI on behalf of 574 owners of manipulate
A federal judge on Wednesday threw out a racketeering lawsuit General Motors Co had filed against smaller rival Fiat Chrysler Automobiles NV , saying the No. 1 U.S. automaker's alleged injuries were not caused by FCA's alleged violations. GM officials said in statement they "strongly disagree" with the order by U.S. District Court Judge Paul Borman, whom the automaker had sought to have removed from the case, and would appeal. "There is more than enough evidence from th
The Sixth U.S. Circuit Court of Appeals said U.S. District Judge Paul Borman abused his discretion by requiring GM CEO Mary Barra and FCA's head, Mike Manley, to meet face-to-face for reasons unrelated to the case, and without taking into account the risks of travel during the COVID-19 pandemic. The district judge's order for the parties to report back to the court in only eight days was also unwarranted, the appeals court said.
After a weekend spent stoking division, President Donald Trump on Monday went after NASCAR's only Black driver and criticized its decision to ban the Confederate flag at its races and venues. Exploiting racial tensions, Trump wrongly accused Bubba Wallace of perpetrating “a hoax” after one of his crew members discovered a rope shaped like a noose in a garage stall they had been assigned to. Federal authorities ruled last month that the rope had been hanging there since at least last October an
There's nothing Jean-Remi Galinon enjoys more than bouncing along cobbled streets and showing off Paris to foreign tourists, usually Americans, in his most iconic of French vintage cars. "They are in love with Paris ... (and) we're suffering the consequences (of the travel ban)." Tourism is part of the lifeblood of the city, one of the world's most visited, so for Galinon, Paris's springtime lockdown could hardly have been worse.
Seven suspects went on trial in Turkey on Friday over their alleged involvement in former Nissan boss Carlos Ghosn's dramatic escape from Japan to Lebanon via Istanbul at the end of last year. Ghosn, once a titan of the global auto industry, had been arrested in Japan in late 2018 and charged with underreporting his salary and using company funds for personal purposes, charges he denies. The ousted chairman of the alliance of Renault, Nissan Motor Co and Mitsubishi Motors Corp had been awaitin
The revamped trade pact between the United States, Canada and Mexico taking effect on Wednesday was meant to create a kind of fortress North America, boosting the region's competitiveness - but cracks are already starting to show in the foundation. As the deal kicks in, the Trump administration is threatening Canada with new aluminum tariffs, and a prominent Mexican labor activist has been jailed, underscoring concerns about crucial labor reforms in the replacement for the 26-year-old North Ame
Three federal appeals judges have delayed a court-ordered meeting between the CEOs of General Motors and Fiat Chrysler to try to settle a lawsuit over corruption by union leaders. U.S. District Court Judge Paul Borman last week ordered GM CEO Mary Barra and FCA CEO Mike Manley to hold the meeting before July 1.
Nissan Chief Executive Makoto Uchida told shareholders Monday he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. “I promise to bring Nissan back on a growth track.” Nissan, based in Yokohama, Japan, sank into its first annual loss in 11 years, reporting a 671.2 billion yen ($6.3 billion) loss for the fiscal year that ended in March.
General Motors Co on Friday asked a U.S. appeals court to allow it to continue pursuing its civil racketeering suit against rival Fiat Chrysler Automobiles NV , rejecting a lower court judge's belittling of the complaint. The automaker's filing with the Sixth Circuit Court of Appeals comes less than a week after U.S. District Court Judge Paul Borman called GM's suit against Fiat Chrysler a "waste of time and resources" at a time when both automakers should be focused on
Four major automakers will not take a position on legal challenges to the Trump administration's decision to dramatically weaken Obama-era fuel economy standards but want to weigh in on any court fix, according to a document seen by Reuters. The Trump administration in March finalized rollback of U.S. vehicle emissions standards to require 1.5% annual increases in efficiency through 2026. Ford Motor Co , Volkswagen AG , Honda Motor Co and BMW AG struck a volu
The European Commission said carmakers must significantly reduce their emissions or risk missing tougher EU targets coming into force this year. Average emissions for new cars registered in the EU's 27 member states plus Britain, Iceland and Norway were 122.4 grams of CO2 per kilometre in 2019, an increase of 1.6g compared with 2018, the EEA said.