VinFast Will Pay Owners Up to $300 Every Time Their Car Breaks Down
15 Jun 2023, 14:07 UTC · By: Cristian Agatie / Harshly criticized for quality problems, VinFast announced compensations of up to $300 for every problem that renders the car inoperable
Lucid's CEO Pocketed $263 Million Thanks to Stock Value Increase
30 Apr 2022, 10:23 UTC · By: Gustavo Henrique Ruffo / That reinforced a discussion about whether share prices are a good measure of what executives are managing to deliver to their companies
U.S. Air Force Is Getting Too Expensive for Japan, New Lawsuit Shows Why
10 Mar 2022, 19:53 UTC · By: Florin Amariei / United States Air Force made the front-page news in Japan again, but not for any good reason. Here’s why the locals sued and won, but are still not happy
Carlos Ghosn Slapped with New Charges
11 Jan 2019, 15:13 UTC · By: Daniel Patrascu / Ghosn is accused of paying $14.7 million to Saudi businessman Khaled al-Juffali using the company’s money in exchange for help to secure a loan
Uber Will Have To Compensate NY Drivers, Each Will Get An Average of $900
24 May 2017, 14:46 UTC · By: Sebastian Toma / Ride-hailing giant Uber will have to pay an average of $900 back to its drivers in New York because it took a bigger cut of their fares than it was supposed to
Federal Court Lets Victims of Old GM Ignition Switch Sue New GM
15 Jul 2016, 09:57 UTC · By: Sebastian Toma / A federal appeals court has decided to let victims of GM's ignition switch fault to sue the new company even if they got hurt before 2009
Volkswagen Emissions Scandal in America to End With a $10+ Billion Settlement
24 Jun 2016, 09:31 UTC · By: Mircea Panait / Thanks to a settlement believed to surpass the $10 billion mark, the Dieselgate fiasco is expected to come to an end next Tuesday, at least in the U.S.
Pair of Odometer Scammers Will Pay Back 90k Pounds After Tricking Hundreds
6 May 2016, 11:43 UTC · By: Sebastian Toma / A team of cousins who sold cars with false odometer readings has been sentenced by a court to compensate its victims. It's only a fraction of what they made
Volkswagen Is Offering $482 Million in Gift Cards and Vouchers to Customers in the US
10 Nov 2015, 09:19 UTC · By: Ionut Ungureanu / Volkswagen is adding another $1,000 in gift cards and vouchers to the US customers who have been affected by the company's emissions cheat
GM Ignition Switch Defect-related Death Toll Reaches 97 Eligible Claims
6 May 2015, 08:14 UTC · By: Mircea Panait / 97 deaths, 12 Category and 167 Category 2 claims have been approved until now by the General Motors Ignition Switch Compensation Fund
Pay Czar Trims 2010 Execs' Salaries
24 Mar 2010, 11:26 UTC · By: Daniel Patrascu / Kenneth R. Feinberg, the Obama administration's special master for compensation, decided yesterday to limit salaries for 119 executives from 5 of the firms bailed out by the federal government ...
GM CFO Salary Exceeds Government Limit
28 Dec 2009, 11:18 UTC · By: Alex Vasile / General Motors will have a new CFO starting January 1, 2010, so financial issues needed to be worked out by the end of this year. GM’s new chief financial officer will have a salary of $750,00...
GM Lends Dealers a Hand...
30 Apr 2009, 10:32 UTC · By: Daniel Patrascu / ...or at least a finger. As a result of the manufacturer's decision to step up the closure of 2,641 dealers in 18 months instead of the initial 5 years (most of them for the soon to be extinct ...