• Most Popular
  • Most Shared

Great Wall says Fiat claim dismissed in China

Mon Jan 5, 2009 12:40pm EST

Stocks

   

MILAN, Jan 5 (Reuters) - Great Wall Motor Co Ltd (2333.HK) said a Chinese court has dismissed in a final ruling a claim by Italy's Fiat (FIA.MI) alleging infringement of a Fiat patent by the Chinese car maker.

China

The Hebei Province People's High Court dismissed on Dec. 29 a Fiat appeal alleging that Great Wall's GWPeri compact car was an infringement of its patent, upholding a July ruling by the Shijiazhuang Intermediate People's Court, Great Wall said in a statement on Monday.

"The judgment is final and conclusive and no further appeal may be lodged on the subject dispute in the PRC (People's Republic of China)," it said.

Fiat declined to comment.

In July an Italian court banned Great Wall from selling the GWPeri compact car in the European Union, saying the car too closely resembled Fiat's Panda.

In Monday's statement Great Wall said a further announcement would be made on developments in the dispute proceedings in Italy. (Reporting by Danilo Masoni; Editing by Greg Mahlich)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article