Recent News

Toyota supplier Denso’s net jumps 24% in latest fiscal year

Denso's net income jumped 24 percent to $3.02 billion in the just-ended fiscal year, on rising vehicle production levels around the globe and cost-cutting efforts. ... Read More »

At Ford, scrapping sedans is too easy, and a mistake

The hard work is not killing cars. It's finding new and creative ways to make them appealing. ... Read More »

FTC Approves Final Order with Community Newspaper Owner Oregon Lithoprint Inc. Attempted to Restrain Competition in the Local Market for Foreclosure Notices

Complaint alleged publisher restrained competition in the local market for foreclosure notices Following a public comment period, the Federal Trade Commission has approved a negotiated final order that prohibits Oregon Lithoprint Inc. from making or attempting...

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FTC Warns Gator Group, Tinitell that Online Services Might Violate COPPA

The staff of the Federal Trade Commission sent letters to two foreign companies that market electronic devices and apps that appear to collect geolocation data from children, warning that the companies may be in violation of the Children’s Online Privacy Protection...

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FTC Approves Red Ventures’ Application to Sell Caring.com

Agency required divestiture as condition of Red Ventures’ acquisition of Bankrate The Federal Trade Commission has approved an application by Red Ventures to divest Caring.com, a subsidiary of Bankrate, to Caring Holdings, LLC, a newly formed company backed by...

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FTC Approves Final Consent Orders Settling Charges that Four Paint Companies Misled Consumers through Claims Their Products are Emission- and VOC-Free

Following a public comment period, the Federal Trade Commission has approved final consent orders against four paint companies -- Benjamin Moore & Co., Inc., ICP Construction Inc., YOLO Colorhouse, LLC, and Imperial Paints, LLC -- that allegedly misled consumers...

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FTC Requires Generic Drug Marketers Amneal Pharmaceuticals LLC and Impax Laboratories Inc. to Divest Rights to 10 Generic Medications as Condition of Merger

The Federal Trade Commission will require generic drug marketers Amneal Pharmaceuticals LLC and Impax Laboratories Inc. to divest Impax’s rights and assets for 10 products to three other companies, as part of a settlement resolving charges that Amneal’s $1.45...

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Daimler Q1 operating earnings fall despite higher vehicle sales

Daimler's earnings dropped 12 percent to about $4 billion in the first quarter despite higher vehicle sales. The company blamed foreign exchange effects and sales incentives. ... Read More »

Tesla shareholder presses board to appoint independent chairman

Tesla shareholders will vote in June on whether to adopt a policy that the company only allow an independent director to be chairman, a role that Elon Musk has held since 2004. ... Read More »

NAFTA local origin rules could hurt U.S. auto sales, exports, study finds

American proposals on rules of origin that govern what percentage of a light vehicle needs to be built in the NAFTA region to avoid tariffs would hurt American consumers, lead to lower vehicle sales and hurt American car exports, according to a new... ... Read More »
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