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Business - Ford, IBM to face renewed U.S. lawsuit over apartheid-era abuses

By Jonathan Stempel NEW YORK (Reuters) - Ford Motor Co and IBM Corp will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases. Reviving a 12-year-old lawsuit, U.S. District Judge Shira Scheindlin in Manhattan accepted an argument from a group of plaintiffs that corporations may be held liable under a 1789 law, the Alien Tort Statute (ATS), that lets non-U.S. citizens pursue some cases in U.S. courts over alleged violations of international law.

Thursday, April 17, 2014  23:07


Business - One current, two former Bridgestone executives indicted for price-fixing

One Bridgestone Corp executive and two former officials from the company were indicted Tuesday for conspiring to fix the prices of certain automotive parts, the Justice Department said on Tuesday. Bridgestone itself agreed in February to plead guilty to price-fixing and agreed to pay a $425 million criminal fine. The case involves anti-vibration parts used in automotive suspension systems and engine mounts. Yoshiyuki Tanaka, Yasuo Ryuto and Isao Yoshida, all Japanese nationals, were indicted on Monday in a court in Ohio for allegedly fixing the prices of parts sold to Toyota Motor Corp , Nissan Motor Corp , Suzuki Motor Corp and Fuji Heavy Industries, Ltd , which makes Subaru cars, the department said.

Tuesday, April 15, 2014  21:03


Business - GM to seek court protection against ignition suits

(Reuters) - General Motors Co said it will ask a U.S. bankruptcy court to bar plaintiffs from proceeding with lawsuits against the automaker for claims related to any actions before it filed for bankruptcy in 2009. The defect has been linked to the deaths of at least 13 people and resulted in the recall of 2.6 million GM vehicles. In a filing with U.S. District Court for the Northern District of California, GM asked for a stay on litigation related to ignition claims until the court decides on a motion to consolidate the claims and the bankruptcy court rules on whether the claims violate GM`s 2009 bankruptcy sale order. The California case was in Re: Galdina Maciel et al. vs. General Motors LLC in the U.S. District Court, Northern District of California, No. 4:14-cv-01339-JSW.

Wednesday, April 16, 2014  13:59


Business - Documents show GM`s sluggish response to deadly defect

By Eric Beech and Paul Lienert WASHINGTON/DETROIT (Reuters) - Documents made public on Friday by a U.S. House of Representatives committee provided fresh details on General Motors Co`s awareness of problems surrounding ignition switches in millions of its cars - long before the Detroit automaker recalled the vehicles. These documents also show that federal regulators were concerned that GM dragged its heels on safety measures at a time when ignition-switch failures in some of its smaller vehicles were being linked to deaths that now total 13. A top official with the National Highway Traffic Safety Administration told General Motors in a July 2013 email that the automaker was `slow to communicate, slow to act` on defects and recalls. The House Energy and Commerce Committee, which has collected more than 250,000 documents - mainly from GM but also from parts supplier Delphi Automotive Plc and a federal regulator - is trying to find out why it took GM more than a decade to notify the public of a safety problem linked to fatalities.

Friday, April 11, 2014  22:59


America - BMW recalls 156,000 motors in US

German luxury carmaker BMW will recall 156,000 vehicles in the US to check for defective bolts that could lead to engine damage.

Friday, April 11, 2014  14:29


Business - GM 1Q global sales up 2 pct to 2.42M

DETROIT (AP) General Motors says it sold 2.42 million cars and trucks in the first three months of the year, keeping it slightly ahead of Volkswagen in the global sales race.

Thursday, April 17, 2014  20:45


Business - Judge won`t order recalled GM cars to be parked

DETROIT (AP) A federal judge in Texas has denied an emergency motion that would have forced General Motors to tell owners of 2 million recalled cars to stop driving their vehicles until their ignition switches are repaired.

Thursday, April 17, 2014  18:24


Business - U.S. judge declines to order `park it now` notices for GM cars

(Reuters) - A federal judge on Thursday rejected a bid to compel General Motors Co to tell customers to stop driving millions of cars that have been recalled for defective ignition switches. Attorneys representing several vehicle owners had sought an emergency order directing GM to issue `park it now` notices for the 2.6 million vehicles that have been recalled since February over the switches, saying they were too dangerous to remain on the road. GM opposed the motion, arguing that the cars were safe to drive as long as nothing extra was attached to the key while it was in the ignition. U.S. District Judge Nelva Gonzales Ramos in Corpus Christi, Texas, denied the request in a ruling on Thursday.

Thursday, April 17, 2014  18:12


Business - GM to ask bankruptcy court for lawsuit protection

DETROIT (AP) General Motors says it will ask a federal bankruptcy judge to shield the company from legal claims involving conduct before its 2009 bankruptcy.

Wednesday, April 16, 2014  03:56


Business - GM CEO `agonized` over putting two engineers on paid leave

By Lewis Krauskopf NEW YORK (Reuters) - General Motors Co Chief Executive Mary Barra said she `agonized` over last week`s decision to put two GM engineers on paid leave pending the outcome of an investigation into faulty ignition switches linked to at least 13 deaths. Barra`s comments, made to reporters on Tuesday after an industry conference ahead of the New York Auto Show, referred to Ray DeGiorgio and Gary Altman, two engineers involved in the development of the defective switches, which are being replaced in 2.6 million recalled GM vehicles. GM has not explained why the men were suspended, and the two have not responded to Reuters requests for comment. In the wake of the recall, announced in several waves in February and March, Barra said on Tuesday that GM is creating a new global product integrity organization that will focus on product safety and quality.

Wednesday, April 16, 2014  01:29

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