Subscribe
Technology

Ford wins reversal of $105 million trade secrets U.S. court award

Ford sign_i.jpg
(Bloomberg)
R
By:
Reuters
May 01, 2023 07:57 PM

A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor to pay Versata Software Inc $104.6 million for breaching a 2004 licensing contract and misappropriating trade secrets.

Featured Stories

Dealerships prepare for pre-tariff sales onslaught
Dealerships prepare for pre-tariff sales onslaught
Automakers warn new Trump tariffs will boost costs, cut sales
Automakers warn new Trump tariffs will boost costs, cut sales
Stellantis launches mobile service as customer retention tool
Stellantis launches mobile service as customer retention tool
Dealership buy-sell database updates: Details on 11 deals across 10 states
Dealership buy-sell database updates: Details on 11 deals across 10 states

Latest News

Live updates on tariffs: Industry works to minimize disruption
Dealerships prepare for pre-tariff sales onslaught
Automakers warn new Trump tariffs will boost costs, cut sales
Top 5 Canadian auto stories this week: Trump auto tariffs; Tesla payments frozen; more
Staying current is easy with newsletters delivered straight to your inbox.

See More in Technology

Nvidia-GM deal underscores a shifting auto technology landscape
Derq uses AI outside of the car to increase driver, passenger and pedestrian safety
Traffic deaths show no signs of abating despite years of tech advances
Nvidia GTC: Here’s a recap of the auto tech developments at the AI showcase
Staying current is easy with newsletters delivered straight to your inbox.