Cars
Three vehicle owners, acting on behalf of many others, have filed separate class-action lawsuits against a number of major automotive parts suppliers, accusing them of conspiracy and price fixing.
- Hyundai, Kia To Pay $320 On Average To Owners Of Cars With Exaggerated Mpg Figures
Hyundai and Kia’s U.S. units announced that they reached an agreement to pay a total of $395 million (€288 million) to settle lawsuits filed by owners of cars affected by the Korean carmakers’ exaggerations of fuel economy ratings....
- Ford Sued Again For Its Hybrids’ Economy Figures
Ford has been selling its Fusion and C-Max hybrids in the US quite soundly, despite the fact that their image suffered a mild blow after being hit with lawsuits regarding their efficiency claims, three of which were quite major. Now, Marianne Cibeu...
- Toyota Warns Suppliers To Lower Their Prices, Or Else…
The strong yen is harming the profitability of Japanese carmakers. After Honda, which plans to halve its domestic production over the next decade, Toyota, Japan’s number one automaker, told its parts suppliers to severely reduce their prices or...
- Gm Warns Police, But Not Civilians, On Defective Impalas, Faces Lawsuit
A class-action suit has been filed against General Motors in Detroit concerning a defect in the suspension rods of more than 400,000 2007-2008MY Chevrolet Impalas that causes premature wear to the rear tires. The lawsuit was filed on behalf of a woman...
- Ebay: Scorched Ferrari F430 Spider For $110k
Would you be tempted to take out $110k from your bank account to acquire a semi-burnt 2007 Ferrari F430 Spider? The damage looks fixable at first sight and a new F430 Spider would actually set you back more than $200k. However, we’re talking about...
Cars
Major Wire Harness Systems Manufacturers Face Class-Action Lawsuits for Decade-Long Price Fixing
Three vehicle owners, acting on behalf of many others, have filed separate class-action lawsuits against a number of major automotive parts suppliers, accusing them of conspiracy and price fixing.
The lawsuits, which were filed in the US District Court of Detroit, allege that the parts manufacturers “engaged in a massive, decade-long conspiracy to unlawfully fix and artificially raise the price of wire harness systems†on a global scale.
Read more »- Hyundai, Kia To Pay $320 On Average To Owners Of Cars With Exaggerated Mpg Figures
Hyundai and Kia’s U.S. units announced that they reached an agreement to pay a total of $395 million (€288 million) to settle lawsuits filed by owners of cars affected by the Korean carmakers’ exaggerations of fuel economy ratings....
- Ford Sued Again For Its Hybrids’ Economy Figures
Ford has been selling its Fusion and C-Max hybrids in the US quite soundly, despite the fact that their image suffered a mild blow after being hit with lawsuits regarding their efficiency claims, three of which were quite major. Now, Marianne Cibeu...
- Toyota Warns Suppliers To Lower Their Prices, Or Else…
The strong yen is harming the profitability of Japanese carmakers. After Honda, which plans to halve its domestic production over the next decade, Toyota, Japan’s number one automaker, told its parts suppliers to severely reduce their prices or...
- Gm Warns Police, But Not Civilians, On Defective Impalas, Faces Lawsuit
A class-action suit has been filed against General Motors in Detroit concerning a defect in the suspension rods of more than 400,000 2007-2008MY Chevrolet Impalas that causes premature wear to the rear tires. The lawsuit was filed on behalf of a woman...
- Ebay: Scorched Ferrari F430 Spider For $110k
Would you be tempted to take out $110k from your bank account to acquire a semi-burnt 2007 Ferrari F430 Spider? The damage looks fixable at first sight and a new F430 Spider would actually set you back more than $200k. However, we’re talking about...