Cars
The U.S. division of Suzuki has been ordered by a Jackson County, Missouri court to pay one of its official dealers, Jeremy Franklin Suzuki located in Kansas City, the sum of $18.5 million for negative publicity against its business.
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Cars
Court Orders Suzuki to Pay $18.5 Million to Kansas Dealer for Negative Publicity
The U.S. division of Suzuki has been ordered by a Jackson County, Missouri court to pay one of its official dealers, Jeremy Franklin Suzuki located in Kansas City, the sum of $18.5 million for negative publicity against its business.
Out of the $18.5 million, $15 million are due to punitive damages caused by Suzuki’s action to the dealership, while the remaining $3.5 million are to be paid as compensation to Jeremy Franklin, president of the dealership.
Read more »- Zwapp! Original 1966 Batmobile Sells For $4.62 Million At Barrett-jackson [w/video]
With its creator and owner George Barris making a specail appearance on stage to boost its appeal, the original 1966 Batmobile went on sale for the very first time at Saturday's Barrett-Jackson auction in Scottsdale, Arizona. After a heated bidding...
- Too Little, Too Late: Suzuki To Import 2,500 Cars From Japan To Meet Increased Demand In The U.s.
In November, Suzuki's automotive division in announced that it would be shutting down its operations in the United States. On Thursday, December 20, American Suzuki Motor Corp successfully filed for Chapter 11 bankruptcy protection, in Santa Ana,...
- China’s Pang Da Places A New €15 Million Order For Saab Vehicles
Chinese distributor Pang Da Automobile is pumping more cash into Spyker NV's ailing Swedish unit Saab by placing a new order for 630 vehicles valued at €15 million or US$21.5 million. This latest order comes after an earlier one last week for...
- Saab Details Partnership With China’s Hawtai Motor Group
In his attempt to save Saab- again, and after having secured short-term cash of €30 million (US$44.6 million), Spyker Car N.V. CEO Victor Muller’s next move was to sign a strategic partnership with China’s Hawtai Motor Group. Under...
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A Mercedes-Benz employee of the Laguna Niguel dealership that’s located 50 miles southeast of Los Angeles was convicted to serve 18 months in a federal penitentiary by U.S. District Court in Los Angeles for defrauding the store of more than $1...