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Navistar International said Wednesday it filed yet another lawsuit against Ford Motor Co., seeking "at least hundreds of millions of dollars" in damages for copying a Navistar-designed engine. According to the lawsuit, Ford recently dusted off plans for a Navistar-designed diesel engine for its F-150 trucks, and plans to build its own 4.4-liter version of the engine by late 2009 or 2010 in violation of its contract with Navistar, which spent $11 million developing the next-generation diesel engine. The lawsuit is the latest tack in a dispute that began in January when Ford sued Navistar over warranty costs and engine prices related to the F-Series contract. Navistar briefly blocked diesel engine shipments to Ford, threatening to disrupt production of the Super Duty, one of Ford's most profitable vehicles. A judge eventually ordered Navistar to resume shipments while the case proceeds. In May, Navistar filed a $2-billion claim against Ford; it says the June 4 lawsuit is 
separate from previous litigation. A Ford spokeswoman said Navistar's claims are "entirely without merit" and that the company would fight them vigorously.
Sources: Navistar press release, Reuters, Crain's
Commentary: Are Domestic Auto Manufacturers Losing Consumer Interest? • Notable Quotables From May's Light Vehicle Sales Report • Death Pool in Detroit
Stocks/ETFs to watch: Ford Motor Co. (F), Navistar International Corp. (NAVZ.PK)
Conference call transcript: Ford Motor Q1 2007
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This article has 1 comment:
It will be interesting to see how the claims play out. The automakers have subtly copied each other's designs for years without violating patents or contracts (for example the DCX small V6 is a subtle knock-off of the Ford Duratec, and the Ford 8.8" axle designed in the early 80s was a subtle knock-off of the GM 12 bolt.).