Recent News

FTC and DOJ Seek Views on Proposed Update of the Antitrust Guidelines for Licensing of Intellectual Property

Revisions Undertaken Jointly by the Two Agencies The Federal Trade Commission and the Department of Justice’s Antitrust Division seek public comment on a proposed update of the Antitrust Guidelines for the Licensing of Intellectual Property, also known as the...

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China proposing California-like mandates for EVs

China will consider mandates that carmakers produce more electric vehicles or purchase carbon credits from their peers, potentially emulating California's system and transitioning from a subsidy-driven approach to catalyzing cleaner cars. ... Read More »

Karma targets Tesla with $115,000 solar-boosted hybrid

Karma Automotive, the Chinese-owned carmaker once known as Fisker Automotive, has taken another step in its resurrection with the online reveal of a plug-in hybrid sedan that seeks to compete with Tesla's Model S electric car. ... Read More »

700Credit Signs Distribution Agreement With Kiss Concepts

SOUTHFILED, Mich. — Today, 700Credit announced a national marketing  partnership for finance sources and dealers with KISS Concepts Group,  a general agency operating in 33 states. This agreement will allow KISS Concepts Group to distribute the...

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Michigan owns Tesla stock despite sales ban, report says

The State of Michigan may have a ban on direct sales of Tesla vehicles, but the Michigan Department of Treasury has 339,623 shares worth $72 million invested for state retirement funds in Tesla Motors stock, according to a published report. ... Read More »

HSBC to Pay $434,500 for SCRA Violations

WASHINGTON, D.C. — The Justice Department today announced that HSBC Finance Corp. has agreed to pay $434,500 to settle charges that it violated the Servicemembers Civil Relief Act (SCRA) by repossessing 75 cars owned by protected servicemembers without obtaining...

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Subaru to introduce all-electric crossover by 2021, report says

Subaru plans to launch an all-wheel drive electric vehicle in the U.S. by 2021 to meet more stringent emissions regulations, a Japanese newspaper reported. ... Read More »

FTC Says Some VW Dealers Are Misleading Diesel Owners About Buyback Deal

WASHINGTON, D.C. — According to the Federal Trade Commission (FTC), some dealers and private parties are offering to purchase defeat device-equipped Volkswagen vehicles from consumers in an attempt to profit from the OEM's pending $14.7 billion settlement...

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Radogna to Present ‘Reduce Your Exposure’ at Las Vegas Compliance Summit

LAS VEGAS — Jim Radogna, a San Diego-based compliance expert and trainer, will serve as the luncheon speaker at the upcoming Compliance Summit, organizers announced Thursday. The event, which marks Compliance Summit’s first visit to the Western states,...

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Mercedes-Benz gives luxury coupe a spin ahead of California show

Mercedes-Benz released a sneak preview of a new ultra-luxury Maybach coupe in a sign that Daimler is continuing its push upmarket to turn up the heat on BMW, which owns the Rolls-Royce brand. ... Read More »