| Calif. judge finalizing $1 billion settlement for lost car values in Toyota acceleration cases |
Jul 19th, 2013 |
SANTA ANA, Calif. - A California judge said Friday that he's finalizing a settlement worth more than $1 billion in cases where motorists say the value of their Toyota vehicles plunged after recalls over claims they unexpectedly accelerated. U.S. District Judge James Selna said he was approving the deal that was announced in December and will affect 22 million consumers. Hundreds of ...
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| NAIAS boss Detroit bankruptcy wont affect auto show |
Jul 19th, 2013 |
Detroit Metro Convention and Visitors Bureau President and CEO Larry Alexander said Friday ...
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| Landfill dispute halts the garbage trucks |
Jul 19th, 2013 |
Santo Domingo.- The collection of 600 tons of trash was a delay in Greater Santo Domingo on Thursday, when the Santo Domingo North City Council took over the operations of the landfill at Duquesa, on an alleged breach of contract by the company that manages the facility. National District (Santo Domingo) City Council secretary general Andres Navarro said trash collection throughout the city ...
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| GM CEO Auto industry had role in Detroit fiscal slide |
Jul 19th, 2013 |
Detroit's bankruptcy is tightly tied to the problems that sent two of the Detroit Three automakers into their own Chapter 11 bankruptcy reorganization, General Motors CEO Dan Akerson ...
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| 2014 Chevrolet Impala Earns NHTSA Five-Star Rating |
Jul 19th, 2013 |
has earned the highest safety rating of five stars from the National Highway Traffic Safety Administration, GM announced today. The full-size sedan received five stars in frontal and side crash tests and four in rollover tests, for an overall score of five stars. The redesigned Impala offers a host of crash-avoidance technologies, including adaptive cruise control, pre-crash braking, forward ...
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| Mercedes-Benz Fashion Week Swim 2014 Kicks Off At Raleigh Hotel |
Jul 19th, 2013 |
MIAMI BEACH, FL - JULY 18: (L-R) Lindsey Linear, Caitlyn Sturgis, Sierra Parks, and Miranda Music attend the Mercedes-Benz Fashion Week Swim 2014 Official Kick Off Party at the Raleigh Hotel on July 18, 2013 in Miami Beach, Florida. (Photo by Andrew H. Walker/Getty Images for Mercedes-Benz Fashion Week Swim ...
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| Recall Alert 2013 Honda Accord |
Jul 19th, 2013 |
sedan due to a problem with the fuel tank, the automaker announced. The fuel tanks in the affected vehicles may not seal properly at the top of the tank, increasing the risk of a fuel leak and possible fire.According to the National Highway Traffic Safety Administration, the vehicles being recalled are low-emission vehicle (LEV) II rated and were manufactured Jan. 15 through April 5, 2013. ...
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| Toyotas $1.6B acceleration settlement wins approval |
Jul 19th, 2013 |
Toyota Motor Corp. won final approval of a settlement, valued at as much as $1.63 billion by plaintiff lawyers, with U.S. consumers who claimed that recalls related to sudden, unintended acceleration caused their vehicles to lose ...
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| Toyota Sudden-Acceleration Settlement Set for Final Approval |
Jul 19th, 2013 |
Toyota Motor Corp. is set for final approval of a settlement , valued at as much as $1.63 billion by plaintiff lawyers, with U.S. consumers who claimed that recalls related to sudden, unintended acceleration caused their vehicles to lose value. U.S. District Judge James V. Selna in Santa Ana, California, posted a tentative decision approving the accord yesterday on the court's website. A ...
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| General Motors and Deloitte Touche in $303 million securities class action |
Jul 19th, 2013 |
A securities class action brought against General Motors (GM) by German’s DekaBank has led to a cash settlement of $277 million. In one of the biggest shareholder recoveries of 2008, the settlement will be paid to shareholders following an alleged misstatement of the auto company’s financials dating back to 2000. GM’s outside auditor, Deloitte & Touche, is ...
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