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General Motors will start construction this fall on a $174 million stamping plant in Lansing, Mich., that will make components for the nearby Lansing Grand River assembly plant, the company said on Wednesday, reported The New York Times. The plant, which will stamp steel into auto components like hoods and door panels, will create or ... Read More »
Read More →Lawyers from across the United States gathered in Manhattan Monday to jockey for leadership roles in litigation against General Motors over a faulty ignition switch that has prompted the recall of millions of vehicles, reported Reuters. Nearly 40 lawyers waited for hours to make four-minute pitches to U.S. District Judge Jesse Furman, who is overseeing ... Read More »
Read More →Chrysler Group LLC on Tuesday announced the establishment of a new office called “vehicle safety and regulatory compliance” led by a veteran company senior vice president, Scott Kunselman, reported Reuters. The move comes as U.S. automakers are under increased scrutiny over safety issues, and after Chrysler’s cross-town rival, General Motors Co, established a similar office ... Read More »
Read More →As auto makers gear up to offer technology that automates the most grinding parts of a daily drive, getting customers on board could be the easy part. It is the regulators and insurance companies that may need the hard sell, reported The Wall Street Journal. Between now and 2016, an increasing number of car makers ... Read More »
Read More →General Motors Co has lost its bid to dismiss a lawsuit accusing the automaker of concealing critical evidence about a faulty ignition switch linked to the death of a Georgia woman in 2010, reported Reuters. During a hearing on Saturday, Cobb County State Court Judge Kathryn Tanksley denied GM’s motion to dismiss the new lawsuit ... Read More »
Read More →In its first eight days, General Motors Co.’s compensation program has received about 120 claims, more than half of which involved deaths allegedly linked to GM cars that were recalled earlier this year to fix an ignition-switch defect, reported The Wall Street Journal. Kenneth Feinberg, the lawyer hired by GM to oversee the program, said ... Read More »
Read More →Volkswagen AG said on Saturday it is recalling 189,490 Tiguan small sport utility vehicles in North America for potential stalling issues, reported Reuters. The German automaker said gas bubbles may form in the fuel system in the affected vehicles from model years 2009 through 2014 when winterized fuel with high vapor pressures is used in ... Read More »
Read More →DALLAS, Texas — In an August 7 filing with the Securities and Exchange Commission, Santander Consumer USA revealed that the U.S. Department of Justice (DOJ) has issued a subpoena to the finance source, requesting documents related to subprime auto loans. Citing the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), the DOJ requested ... Read More »
Read More →NEW YORK — City officials are cracking down on the sale of used cars that have been recalled but not repaired. Now, dealers in the city that sold unrepaired recalled vehicles must notify the vehicles’ owners and perform the necessary repairs, The New York Times reports. In July, city officials sent subpoenas to 200 dealerships ... Read More »
Read More →INDEPENDENCE, Mo. — The owner of Edge Auto Sales, an auto dealership with locations in Blue Springs and Independence, was sentenced to 15 years in prison for multiple felony convictions related to an extensive identify theft scheme he ran out of his dealerships. Morrow acquired personal identifying information about his victims through their applications for ... Read More »
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