Legal

Another Delay in Musk-SEC Contempt Settlement

April 26, 2019 at 12:06 AM

Tesla Inc. CEO Elon Musk and the U.S. Securities and Exchange Commission have secured a second extension of their talks to avoid a contempt of court ruling over Musk’s impulsive use of Twitter.

Prosecutors Probe Bonuses Paid to Suspended VW Exec

April 23, 2019 at 2:53 PM

Prosecutors may level breach of fiduciary duty charges against Volkswagen AG for paying bonuses to an executive suspended during VW’s diesel emission cheating scandal.

Musk, SEC Given Another Week to Settle Twitter Dispute

April 19, 2019 at 1:57 AM

A federal judge in New York City has given Tesla CEO Elon Musk and federal securities lawyers until April 25 to resolve a dispute over Musk’s tweets.

Germany Charges Former VW CEO Winterkorn with Fraud

April 15, 2019 at 2:38 PM

Ex-Volkswagen Group CEO Martin Winterkorn and four unidentified senior executives have been accused in Germany with hiding the company’s diesel emission cheating.

FCA Agrees to Settle Investor Lawsuit over Diesels, Recalls

April 08, 2019 at 4:19 PM

Fiat Chrysler Automobiles NV has agreed to pay certain shareholders $110 million to settle claims that the company misled them about recall costs and its problems with diesel emissions.

EC Says BMW, Daimler, VW Blocked Emission Tech

April 05, 2019 at 12:17 PM

The European Commission has charged BMW, Daimler and Volkswagen’s VW, Audi and Porsche units with colluding to hinder the introduction of advanced pollution control equipment.

FCA Settles Dealer Lawsuit Over Vehicle Pricing

April 05, 2019 at 11:33 AM

Fiat Chrysler Automobiles NV has settled a 3-year-old lawsuit that claimed the company manipulated dealer sales figures to boost its stock price.

Ghosn’s Attorney Decries Japan’s “Hostage Justice”

April 04, 2019 at 4:07 PM

The head of Carlos Ghosn’s defense team in Japan has blasted today’s re-arrest of the former Nissan Motor Co. chairman as “hostage justice.”

GM Asks Court to Dismiss UAW Lawsuit Over Plant Closures

April 03, 2019 at 4:57 PM

General Motors Co. has asked a federal judge in Detroit to dismiss a lawsuit that claims the company’s plan to close four U.S. factories violates labor agreements.

Renault Alerts Prosecutors About Ghosn Payments in Oman

April 02, 2019 at 1:56 AM

Renault SA has advised prosecutors in France of possible misuse of funds by former Chairman Carlos Ghosn to pay a Renault-Nissan alliance distributor in Oman, sources tell Reuters.

Judge Dismisses Shareholder Lawsuit Over Tesla Production

March 26, 2019 at 1:05 AM

A lawsuit claiming Tesla Inc. misled shareholders about its Model 3 production levels has been dismissed by a U.S. District Court judge in San Francisco.

JLR Wins Copycat Case Against Jiangling SUV

March 22, 2019 at 4:44 PM

Jaguar Land Rover Ltd. has won a 3-year-old lawsuit against China’s Jiangling Motors Corp. that accused the company of selling a vehicle that copied several design features of the Range Rover Evoque SUV.