A former Tesla Motors Australia director has pleaded guilty to two counts of insider trading for acquiring shares inĀ Piedmont Lithium based on insider information he had about an in-principle agreement the mining company had to supply lithium to Tesla.
Titan DMS, which provides software to car dealers across Australia, has expanded cross claims in a legal dispute with leading competitor Pentana Solutions, alleging the rival engaged in misuse of market power by threatening dealers who want to switch providers.
The former general manager of sales for Fiat Chrysler Australia has sued the car company for allegedly terminating him for taking two periods of leave after being diagnosed with an auto-immune condition.
The applicants in a consumer class action against Allianz have been ordered to produce an insurance policy that covers them for the risk of losing the case, which the insurer says will inform its bid for security for costs.
The sacked boss of Orix Australia — who escaped charges of corruption three years ago — has settled a dispute with his former employer, including a claim by the fleet management company for $18 million in damages.
A law firm running a class action alleging Toyota unit Hino cheated on emissions tests has teamed up with a top US firm running parallel proceedings against the car maker.
Luxury car makers BMW and Mercedes-Benz are facing separate $100 million class actions over the alleged use of cheat devices on emissions tests.
Toyota Australia has been hit with a class action on behalf of up to half a million owners of diesel-powered vehicles which allegedly contain diesel ‘defeat devices’ that allowed the car manufacturer to cheat on emissions tests.
Japanese truck maker Hino has been hit with a class action alleging the Toyota unit misrepresented that it vehicles met Australian emissions and road standards over a 20 year period, after the car company admitted to cheating on emissions and fuel economy tests in Japan.
The sacked CEO of Orix Australia has abandoned his challenge to a ruling allowing a set-off defence for the fleet management company in his case for unpaid leave entitlements and penalties.