Report: Tesla Faces Criminal Fraud Investigation

September 18, 2018 at 1:28 PM

The U.S. Dept. of Justice has opened a probe into possible criminal fraud by Tesla Inc. regarding last month’s statement by CEO Elon Musk that he had secured funding to take the company private, sources tell Bloomberg News.

German Court Suspends VW Investor Lawsuit Hearings

September 18, 2018 at 2:48 AM

A German court has suspended further hearings for two months on nearly 1,700 Volkswagen AG investor lawsuits over diesel emission cheating, Reuters reports.

Thai Cave Diver Sues Musk for Libel

September 17, 2018 at 4:15 PM

Tesla Inc. CEO Elon Musk has been sued for libel by a British diver who helped rescue a dozen teenagers trapped in a flooded Thai cave in July.

ITC Agrees to Consider Jeep Patent Complaint

September 12, 2018 at 12:44 AM

The U.S. International Trade Commission says it is launching an investigation into claims that Mahindra & Mahindra Ltd.’s Roxor SUV is a copy of the iconic Jeep CJ SUV.

Judge Slams VW Defense in Diesel Cheating Lawsuits

September 11, 2018 at 12:13 PM

The German judge handling investor complaints about Volkswagen AG’s diesel cheating scandal was bluntly skeptical today about several key elements of the company’s defense, Bloomberg News reports.

€9 Billion in Claims at Stake in German VW Shareholder Hearings

September 10, 2018 at 5:20 PM

A German court has begun 13 days of hearings on claims by Volkswagen AG stockholders who say the company owes them €9 billion ($10.4 billion) in compensation for cheating on diesel emissions.

Federal Judge Rejects UAW-FCA Lawsuit Over Payoff Scandal

August 31, 2018 at 4:24 PM

A federal district judge in Detroit has dismissed a lawsuit claiming that a payoff scandal involving Fiat Chrysler Automobiles NV and the United Auto Workers union cheated UAW workers.

Tesla Wins Canada Rebate Complaint

August 31, 2018 at 11:10 AM

Tesla Inc. has prevailed in its effort to reverse an Ontario ruling that excluded the electric carmaker’s customers from qualifying for government rebates, Reuters reports.

Police Raid BMW Offices in S. Korea

August 30, 2018 at 2:03 AM

A team of 30 police investigators raided BMW AG’s offices in Seoul earlier today, searching for evidence to explain why more than 40 of the company’s cars have caught fire in South Korea this year.

Mahindra Seeks to Block Jeep Lookalike Case in U.S.

August 29, 2018 at 10:35 AM

Mahindra & Mahindra Ltd. has asked a U.S. federal court in Michigan to block a complaint by Fiat Chrysler Automobiles NV that its Roxor two-seat SUV is a copy of FCA’s Jeep CJ-series SUV.

Compliance Monitor Chides VW Secretiveness in Diesel Scandal

August 27, 2018 at 5:03 PM

The U.S.-appointed compliance official who is monitoring Volkswagen AG’s diesel cheating scandal says the carmaker continues to be reluctant to reveal information.

Ex-FCA Exec Goes to Prison in Chrysler-UAW Bribery Scandal

August 27, 2018 at 4:09 PM

A federal court in Detroit has imposed a 5.5-year prison term on the former head of labor relations for Fiat Chrysler Automobile NV’s U.S. operations for his role in a scheme to siphon funds from a joint FCA-UAW training center.