Legal

Takata Files for Bankruptcy in U.S., Japan

June 26, 2017 at 12:30 AM

As expected, airbag maker Takata Corp. has filed for bankruptcy protection in Japan and the U.S. and intends to sell most of its assets to U.S.-based Key Safety Systems Inc.

Top Target of VW Diesel Probe Advised Not to Leave Germany

June 26, 2017 at 12:00 AM

The former head of engine development at Volkswagen AG has been advised not to leave Germany because he could be arrested as part of a U.S. probe about diesel emission cheating, Bild reports.

GM Settles Dozens of Ignition Switch Lawsuits

June 23, 2017 at 5:30 PM

General Motors Co. has settled about 200 lawsuits involving the company’s 2.6 million defective ignition switches, according to a filing in a New York federal court.

VW Agrees to Buy Back a Few Cheater Diesels in Europe

June 23, 2017 at 10:37 AM

Volkswagen AG has agreed to buy back an unspecified number of diesel-powered vehicles in Germany that had been rigged to evade emission standards, Reuters reports.

U.S. Issues Arrest Warrants for 5 Ex-VW Managers in Diesel Scandal

June 22, 2017 at 3:22 PM

U.S. prosecutors have issued international arrest warrants through Interpol for five former Volkswagen AG employees indicted for their role in the carmaker’s diesel emission cheating scandal, Germany’s Sueddeutsche Zeitung reports.

EU Fines Hella, Automotive Lighting for Price Fixing

June 22, 2017 at 12:00 AM

The European Commission has fined Hella and Magneti Marelli's Automotive Lighting unit a combined €27 million ($30 million) for their participation in fixing prices for headlamps and other lighting products.

Dutch Group Prepares to Sue VW for Diesel Refunds

June 14, 2017 at 1:48 AM

A Dutch group is readying a lawsuit against Volkswagen AG on behalf of 180,000 customers that demands full refunds for vehicles equipped with diesel engines that VW rigged to cheat emission tests.

U.S. Court Upholds $11 Million Acceleration Verdict Against Toyota

June 12, 2017 at 1:02 AM

Toyota Motor Corp. has lost its appeal of an $11 million verdict that found the carmaker 60% liable for a triple-fatality crash in 2006 that was blamed on an accelerator defect.

Report Says Bosch Software Enabled Diesel Cheating

June 09, 2017 at 12:12 PM

A new study claims engine control software developed by Robert Bosch GmbH has been used for years by Volkswagen and Fiat Chrysler Automobiles to evade government emission tests, according to researchers at the University of California and Germany’s Ruhr-Universitat Bochum.

U.S. Overseer May Triple Staff to Monitor VW Compliance

June 08, 2017 at 1:00 AM

Larry Thompson, the man appointed by a U.S. federal court to monitor Volkswagen AG’s regulatory compliance efforts, tells reporters the size of the task may prompt him to triple his staff to 60.

Feinberg May Head Takata Compensation Plan

June 06, 2017 at 12:03 AM

Kenneth Feinberg may be tapped after all to manage payments of nearly $1 billion by Takata Corp. to carmakers who installed its explosion-prone airbag inflators and passengers who were victims of the devices.

U.S. Judge Allows Daimler Diesel Lawsuit to Proceed

June 02, 2017 at 9:16 AM

A U.S. federal judge in California has ruled that a class-action lawsuit may proceed against Daimler AG and several top executives over claims they failed to disclose excessive emissions from the carmaker’s diesel engines.