India's pricing regulator has fined more than a dozen global and local carmakers a total of 25.5 billion rupees ($420 million) after a probe found they had engaged in anti-competitive practices in the world's sixth largest auto market.
U.S. federal prosecutors have learned that lawyers for General Motors Co were present at key meetings during which information about problems with some of its vehicles were discussed, a source close to the investigation said.
According to the latest General Motors recall, the defect affects 6.8 million 1997-2005 Chevy Malibus, 2000-2005 Impala/Monte Carlos, 1998-2002 Olds Intrigues, 1999-2004 Aleros, 2004-2008 Pontiac Grand Prix and 1999-2005 Pontiac Grand Ams.
A report by investigator Anton Valukas commissioned by automaker General Motors Co indicated that lawyers had earlier on warned the company of paying potential punitive damages if accident victims decided to go to trial over the ignition defects in their cars.
