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South Korea: Uber drivers investigated by police

South Korea: Uber drivers investigated by police

The country’s police force is currently probing drivers that work for San Francisco-based Uber Technologies Inc. on allegations they breached the South Korea transportation business law, which forbids the use of private cars to transport fee-paying passengers. Without providing details such as driver names, the Seoul Metropolitan Police Agency announced […]

US: JPMorgan probed by Justice Dept over auto lending business

US: JPMorgan probed by Justice Dept over auto lending business

The US Department of Justice has started questioning JPMorgan Chase & Co over auto lending practices that might have caused discrimination, said the bank recently. According to a filling with the US Securities and Exchange Commission, the biggest US bank said the Justice Department is currently investigating whether auto loans […]

US: independent panel focusing on Takata’s airbag mishaps

US: independent panel focusing on Takata’s airbag mishaps

A recently formed panel that was tasked to investigate Japan’s Takata Corp. has announced that it would primarily focus on the company’s manufacturing quality lapses. The leader of the audit, Samuel Skinner, a former US transportation secretary under President George H.W. Bush and later White House chief of staff, said […]

China: former Dongfeng official investigated for corruption

China: former Dongfeng official investigated for corruption

According to the country’s anti-corruption authority, Fan Zhong, a former senior executive at Dongfeng Motor Group – the local venture partner of both France’s PSA and Japan’s Nissan – is being targeted in a probe that alleges “serious disciplinary violations”. Fan is the former deputy secretary of the Communist Party […]