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US: bankruptcy judge says GM committed fraud if it purposely hid the switch defect


US Bankruptcy Judge Robert Gerber held a hearing in his New York court on whether plaintiffs seeking compensation over the lost value of their GM cars could go on with their cases. General Motors, besides the lawsuits from victims and families victims seeking compensation in relation to the mishandling of the now famous ignition switch defect, also has to face numerous ...
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Bankruptcy judge to review GM recall dispute today
GM is facing an ardent legal battle from customers who claim compensation over the lost value of their recalled cars, who had flaws hidden by GM during the 2009 bankruptcy ...
GM bankruptcy task force unaware of ignition problem
Two of the former members of the US federal auto task force that were implicated in the overhauling of General Motors during its troubled 2009 bankruptcy disclosed they knew nothing ...
GM wants pre-2009 recall related lawsuits dropped
Because after July 2009, when it emerged from bankruptcy, General Motors became a new company, it now aims to dismiss any lawsuit that claims liability for crashes or other misconduct ...
Report – Famous design house Bertone close to bankruptcy
The coachbuilder has struggled to garner any orders and is operating at a loss despite having a presence at recent European auto shows with custom concepts, such as the Bertone ...
Porsche Tuners SpeedART and 9ff Filed for Bankruptcy
Porsche tuners SpeedART and 9ff have recently filed for insolvency protection in Germany. As the auto market in Europe continues to struggle with the economic crisis and continuous decline, more and ...
Wiesmann goes into bankruptcy
In a sad turn of events, German sports car manufacturer Wiesmann has reportedly filed for bankruptcy, without revealing the motives. The process was made to a German district court in Münster ...
Congress Refuses to Offer Detroit Financial Bailout
Congress said it does not consider offering Detroit a federal bailout, after the city filed for Chapter 9 bankruptcy protection. Michigan Senator Carl Levin said that Detroit should first look for ...
Detroit’s Emergency Manager Says City Should Not Rely Only on Government Help
Detroit emergency manager said that the city must help itself and not wait for the government to come to its rescue. Kevyn Orr, who is charged with guiding the collapsed Detroit ...
Detroit Wants Initial Hearing in Bankruptcy Case on July 23rd
Detroit, which filed for bankruptcy on July 18th, wants to have its initial hearing on July 23rd. According to the Chapter 9 of the U.S. Bankruptcy Code the majority of lawsuits ...

latest automotive news
Recall roundup: Fiat Chrysler Automobiles’ vans and SUVs for two separate problems
Fiat Chrysler Automobiles has announced two separate recalls which are covering several vans and SUVs in the United States because ...
Hyundai milestone: 10 million Elantras sold
The South Korean based automaker Hyundai has officially announced the selling of over 10 million units of the popular Elantra ...
Mercedes-AMG GT is almost sold out for 2015 and 2016 model years
The Mercedes-AMG GT has been almost sold out across the globe for the 2015 and 2016 model years. Even if it ...
Recall roundup: Ford Edge and Lincoln MKX
Ford has issued a recall for several Edge and Lincoln MKX vehicles because of a problem with corrosion. The North American ...
BMW M4 Special Edition GTRS4 by Vorsteiner going to SEMA
The aftermarket specialists from Vorsteiner have officially announced the official introduction of the BMW M4 Special Edition GTRS4 at the ...
Another Ferrari LaFerrari is up for sale
Another unit of the impressive Italian hybrid supercar Ferrari LaFerrari is up for grabs, this time in the United Arab ...
Takata debacle puts GM’s mishaps under the shade
The year started off incredibly hard for General Motors, after a February recall that led to lawsuits, a total rethink ...
2015 Ford Everest to be unveiled in November
The North American based automaker Ford is planning to officially pull the wraps off the 2015 Everest in mid-November. The 2015 ...
Three new Scion Concept cars going to SEMA
Scion has announced its plans to introduce no less than three new concept cars at the upcoming 2014 SEMA Motor ...
US: October sales expected to remain strong
The news are gloomy again, with huge swings on global stocks and threatening headlines about a new economic crisis, but ...
Meet the AeroMobil 3.0 – a functional flying car
The Slovakian based company called AeroMobil has officially unveiled the third generation of its flying car, named suggestively the 3.0. Mankind ...
US: Dodge restarts production of the 2014 Viper SRT
The Viper was resurrected in 2012, but the manually fabricated American take on the supercar had a slow start – ...
Kia Ultimate Karting Sedona going to SEMA
Kia has officially pulled the wraps off its newest creation, the Ultimate Karting Sedona, which will be officially presented to ...
Audi A4’s 20th anniversary celebrated – new model coming in 2015
The German based automaker Audi is currently celebrating the 20th Anniversary of its “most successful Audi of all time”, the ...
Are you driving an “undead” car?
Today it’s Halloween. So, gear up with popcorn, go to a horror move marathon or send your kids on the ...
Five customized Ford Transits going to SEMA
Ford has announced the introduction of five customized Transits at the upcoming 2014 SEMA Motor Show. No less than five customized ...
Toyota FCV Rally Car goes official
The Japanese based automaker Toyota has officially pulled the wraps off the brand new FCV Rally Car, which will be ...
[VIDEO] Honda Civic Type R – first official teaser released
The first official video teaser with the brand new Honda Civic Type R has been recently introduced. The development of a ...