Renault’s delay in announcing investigation into its emissions

Link: http://www.bloomberg.com/news/articles/2016-01-18/renault-faces-criticism-over-disclosure-of-emissions-raids

——————–

Is there something about car companies that turns their ears to tin?

Bloomberg BusinessWeek:
http://www.bloomberg.com/news/articles/2016-01-18/renault-faces-criticism-over-disclosure-of-emissions-raids

Washington Post:
http://washpost.bloomberg.com/Story?docId=1376-O0ZLJPSYF01S01-07VH0RLJJ6VGVKOKVJCAK75C2M

A European industry magazine:
http://europe.autonews.com/article/20160118/ANE/160119747/renault-faces-criticism-over-disclosure-of-emissions-raids

_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

Merck’s $830 million Vioxx settlement

Link: http://www.bloomberg.com/news/articles/2016-01-15/merck-to-pay-830-million-to-settle-vioxx-securities-claims

——————–

Merck has paid over $8 billion to settle claims related to Vioxx. This
latest settlement is with stockholders who alleged that Merck harmed them
by concealing material information about Vioxx.

Have a good weekend.

Bloomberg BusinessWeek:
http://www.bloomberg.com/news/articles/2016-01-15/merck-to-pay-830-million-to-settle-vioxx-securities-claims

Washington Post:
http://washpost.bloomberg.com/Story?docId=1376-O0ZW7YSYF01T01-3GRIHL2L283CAOEP8PDDJJBSHD
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

in USA Today on the allegations that Fiat Chrylser paid dealers to falsify sales reports

Link: http://www.usatoday.com/story/money/cars/2016/01/14/fiat-chrysler-sales-lawsuit/78783142/

——————–

You have to hope that the allegations are not true – and keep in mind that
anyone can allege anything.

http://www.usatoday.com/story/money/cars/2016/01/14/fiat-chrysler-sales-lawsuit/78783142/
—
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

USA Today on company ethics and sales to millenials

Link: http://www.usatoday.com/story/money/cars/2016/01/10/auto-industry-scandals-general-motors-gm-volkswagen-takata/78406022/

——————–

http://www.usatoday.com/story/money/cars/2016/01/10/auto-industry-scandals-general-motors-gm-volkswagen-takata/78406022/

_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

On VW’s miscalculation of the US reaction to the diesel cheating

Link: http://www.bloomberg.com/news/articles/2016-01-06/volkswagen-is-confident-it-can-fix-u-s-cars-in-wake-of-lawsuit

——————–

Bloomberg BusinessWeek:

http://www.bloomberg.com/news/articles/2016-01-06/volkswagen-is-confident-it-can-fix-u-s-cars-in-wake-of-lawsuit

The Washington Post (same story):

http://washpost.bloomberg.com/Story?docId=1376-O0IZ9D6S972D01-13K8P8EQ11NVRBVHBTNJD9FIQ5
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

Valeant’s choice of interim CEO affirms their commitment to their unusual business model

Link: http://www.reuters.com/article/us-valeant-pharms-ceo-idUSKBN0UK1NY20160106

——————–

(Same story):

At Reuters:
http://www.reuters.com/article/us-valeant-pharms-ceo-idUSKBN0UK1NY20160106

At Yahoo! Finance;
http://finance.yahoo.com/news/valeant-appoints-howard-schiller-interim-134303497.html

And in Canada’s version of The Wall Street Journal (Valeant is based in
Canada):
http://www.theglobeandmail.com/report-on-business/valeant-appoints-howard-schiller-interim-ceo/article28030708/
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan