Toyota Motor Sales Inc. has been awarded $2.6 million in an arbitration case against a former attorney for the automaker. The attorney, Dimitrios Biller, had accused Toyota in court cases and in the media, of covering up safety defects in its vehicles.
In making his accusations, Biller had relied on internal Toyota documents. Biller discussed confidential [...]
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Toyota chalks a win against ‘whistleblower’
January 6th, 2011 by Financial Writer
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more...Ford: China’s Geely preferred bidder for Volvo
October 28th, 2009 by Financial Writer
A group led by China’s Geely Group is the preferred bidder for Ford Motor Co.’s Volvo Cars unit, the U.S. automaker said Wednesday.
Ford said the selection signals that it is conducting “more detailed and focused negotiations” with Zhejiang Geely Group Holding Co. Ltd. about selling the Swedish automotive business.
“Ford’s objective in our discussions with Geely [...]
Tags: automaker, business, cars, China, financial, ford motor, volvo