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The General Motors streetcar conspiracy refers to the convictions of General Motors (GM) and related companies that were involved in the monopolizing of the sale of buses and supplies to National City Lines (NCL) and subsidiaries, as well as to the allegations that the defendants conspired to own or control transit systems, in violation of Section 1 of the Sherman Antitrust Act.
In January 1978, a stolen 1974 Dino 246 GTS was discovered buried in a yard in Los Angeles, gathering extensive national media attention, although the origins and fate of the car remained a mystery for some time. The car was eventually revealed to have been involved in a more complicated and fraudulent scheme than was first thought.
This week, the Los Angeles Sheriff's Department arrested three suspects in the scheme that sold rented vehicles illegally on Facebook's popular shopping platform for used goods.
ZAP sold shares and dealer franchises, partially based on its intention to sell and finance the retrofitting of the Smart Car to USA standards. The importation and conversion to meet US safety and EPA regulations was engineered and performed by G&K Automotive of Santa Ana, CA. Zap quoted mileage figures for the car as being in the mid 40 range.
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By Lisa Leff SAN FRANCISCO (AP) - A federal appeals court on Thursday struck down a 31-year-old Los Angeles law that bars people from living in parked vehicles, saying the vaguely written statute ...
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