by Joseph Szczesny | Aug 10, 2020
Fiat Chrysler Automobile N.V. fired back at General Motors Co. in a filing that is part of the contentious lawsuit that has seen GM claim that FCA had conspired with key officials from the United Auto Workers to undermine GM’s competitive position during the past...
by Joseph Szczesny | Aug 5, 2020
In a blistering statement, former UAW President Ron Gettelfinger denied accusations from lawyers for General Motors he had accepted money deposited in foreign banks in return for promoting the business objectives of former Fiat Chrysler Automobiles N.V. CEO Sergio...
by Michael Strong | Aug 3, 2020
General Motors Co. has asked the federal judge that dismissed its lawsuit against Fiat Chrysler Automobiles N.V. to reinstate the lawsuit, claiming it has new evidence. The automaker asked Judge Paul Borman to reconsider his earlier judgement on the alleged...
by Michael Strong | Jul 31, 2020
The sun continues to shine on Ford, the automaker revealing Friday it received approval to defer some quarterly payments due on its U.S. Energy Department retooling loan. The automaker noted it will repay the loan on time by June 2022. Ford was awarded a $5.9 billion...
by Michael Strong | Jul 29, 2020
Automakers and suppliers have been suffering financially during the pandemic, and the federal government has provided assistance for small businesses with the Small Business Administration’s Payroll Protection Program. The PPP, as it’s known, allows businesses to get...
by Joseph Szczesny | Jul 27, 2020
General Motors, along with several other top automakers including BMW, Mercedes-Benz and Volkswagen, have been accused of using forced labor at factories in China by an Australian think tank. The report from the Australian Strategic Policy Institute contradicts GM’s...
by Paul A. Eisenstein | Jul 24, 2020
The son of former Renault-Nissan-Mitsubishi Alliance boss Carlos Ghosn used $500,000 in cryptocurrency to help his father flee from Japan where he was facing trial for corruption, according to new documents filed in federal court in Boston. The allegation emerged as...
by Michael Strong | Jul 24, 2020
For those who saw rental car giant Hertz’s bankruptcy filing as a way to get a good deal on a used vehicle because the company would be selling off thousands of vehicles, it may be time to get that checkbook ready. Hertz Global Holdings Inc. met with its lenders and...
by Joseph Szczesny | Jul 24, 2020
Tesla filed lawsuit against electric vehicle rival Rivian, which is preparing to launch its pair of electric vehicles in 2021, claiming the up-and-coming EV maker is violating the law to get a leg up. In court documents filed in the Superior Court of California of...
by Michael Strong | Jul 21, 2020
An ongoing spat between two South Korean electric vehicle battery makers could put a crimp in Ford Motor Co.’s plans to produce an all-electric version of its best-selling F-150 pickup and future electric vehicles as well as Volkswagen of America’s first EV in the...
by Joseph Szczesny | Jul 9, 2020
General Motors’ lawsuit claiming rival Fiat Chrysler had corrupted officials of the United Auto Workers union in a bid to gain a competitive advantage, has been dismissed by a federal judge in Detroit. GM filed the high-profile lawsuit last November, but Judge Paul...
by Joseph Szczesny | Jul 7, 2020
General Motors Co. appears to have won a small victory in its legal battle with Fiat Chrysler Automobiles N.V. as the U.S. Sixth Circuit Court of Appeals accepted GM’s petition to set aside a judge’s order mandating GM CEO Mary Barra and FCA CEO Mike Manley meet face...