Blecker: GM Recalls Show Need for Harsher Penalties for "Red Collar" Criminals
Join us for a timely seminar focused on current issues affecting those who practice in the automotive space. Gain perspective from in-house counsel regarding their business and legal concerns. Increase your...more
Airbags play a crucial role in automotive safety. In recognition of their significance, in 1999, the federal government mandated that all new vehicles—cars, trucks, and SUVs—must come equipped with front airbags for both...more
After conducting an audit of the National Highway Traffic Safety Administration’s (NHTSA) Office of Defects Investigation (ODI), the U.S. Department of Transportation’s Inspector General recently issued a report concluding...more
A group of 18 Democratic AGs wrote a letter to the National Highway Safety Administration (NHSTA) asking the agency to initiate a recall of certain vehicles manufactured by Hyundai Motor America and Kia America, Inc. that are...more
On December 1, 2022, nationwide used car dealer CarMax Auto Superstores, Inc. (“CarMax”) and 36 state attorneys general announced a $1 million multistate settlement that will require CarMax to disclose open recalls related to...more
Even the strongest believer in the wisdom of juries in civil lawsuits had to take a pause. But, yes, the verdict in an Atlanta case has been correctly reported. Jurors deliberating on the damages caused in roll-over of...more
Welcome to The On-Ramp, the newsletter from Venable's Autonomous and Connected Mobility team. The On-Ramp explores legal and policy developments in the world of autonomous vehicles ("AVs"), smart infrastructure, and emerging...more
That delivery van making its slow creep through your neighborhood could pose a car accident risk—even when there’s no one behind the wheel....more
Mercedes-Benz should be issuing a recall of over 800,000 vehicles for a defect in the cooling pump which has led to numerous fires in their cars. They are not issuing a formal recall because they say they cannot fix the...more
This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments GM scheduled downtime for the week of July 26 at three pickup truck...more
Tech stocks roared back on Tuesday just a day after the Nasdaq hit correction territory, as “buy-the-dip” won out and led to a nearly-4% jump for the tech-heavy index ...more
Seismic news out of Seattle yesterday, with Amazon founder and CEO informing employees that he’s stepping out of the top spot at the e-commerce giant this summer after a nearly 30-year run and transitioning “into the role of...more
Vehicle owners and drivers who have been hurt in accidents involving defective automobiles that have not been recalled should be aware of their legal rights and options. Legally, some accident victims may be entitled to file...more
Saudi Aramco’s slow trickle of IPO-related information continued this weekend, including its goal of setting overall company market value at a staggering $1.7 trillion. The figure, though massive, is still well short of the...more
The National Highway Traffic Safety Administration (NHTSA) continues to be active in investigating potential safety-related defects and noncompliances with Federal Motor Vehicle Safety Standards (FMVSS). As the deployment of...more
Although the number of total vehicle recall campaigns is likely to be down this year, lower volume recall campaigns are expected to continue to trend upwards, including those involving electrical system components. ...more
CBS isn’t the only large company with insider trading worries. In complaints made public yesterday, the SEC has accused Gene Levoff, Apple’s former senior director of corporate law and corporate secretary, of “repeatedly”...more
The financial world has been busy—and generally not in a great way—since we’ve been gone. Luckily, we’re returning on something of a rare high note after a stronger-than-expected December jobs report and some reassurance...more
Federal prosecutors filed criminal charges yesterday against two former Goldman Sachs investment bankers for their alleged role in the Malaysian 1MDB scandal....more
In a sweeping, and arguably results-oriented opinion, the district court overseeing the General Motors ignition switch multidistrict litigation recently ruled that in roughly half of the nation's jurisdictions, a plaintiff...more
U.S. Bankruptcy Judge Martin Glenn recently decided that a fully-negotiated agreement would not be enforced in the absence of required signatures. The agreement contemplated a settlement between the General Motors bankruptcy...more
As has been widely reported, over the last several years Takata Corporation and its various worldwide subsidiaries (together “Takata”) have been involved in a multitude of governmental investigations, class actions and...more
One of the more bedeviling problems for the automotive industry (and for manufacturers in general) is how to alert consumers to pending recalls, and getting consumers to comply with those recalls. According to NHTSA, only 70%...more
Lyft, armed with a fresh billion from Google’s venture investment arm (CapitalG), is looking seriously at a 2018 IPO. The CapG money raises Lyft’s valuation from $6.9 billion to more than $10 billion....more
Porsche rolled out its line of Cayenne sport-utility vehicles with carefree cruising in mind. Volkswagen did the same think with its Touareg models. Now, about 125,000 of the upscale SUVs have been recalled because of fuel...more