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Volkswagen, BMW face power component patent case

Cons. Discr. - Autos 1108 Consumer Staples 731 Mexico 833 Tariffs 1765 U.S. 5161

The U.S. International Trade Commission received just two petitions to investigate trade policy infractions in May, the lowest since Jan. 2019. Both were intellectual property infraction suits. One involved the energy drink Electrolit imported from Mexico where shipments fell by 42.0% year over year in the three months to April 30. The second targets electrical inverters and converters used in automotive settings, filed by a subsidiary of patent holder Atlantic IP against Volkswagen and its subsidiaries as well as Daimler, BMW and General Motors. The move comes at an inconvenient time wi...

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