Skip navigation

 Login or Register | Member Centre

Business Ticker: INTERNATIONAL: ASIA: AUTOMOTIVE

Toyota loses appeal of hybrid patent ruling

Bloomberg

The U.S. Supreme Court let stand a $4.3-million (U.S.) award against Toyota Motor Corp. for using another company's patented technology in gasoline-electric hybrid vehicles, including the top-selling Prius. The justices, without comment, yesterday turned away an appeal by Toyota, leaving intact a jury verdict favouring closely held Paice LLC of McLean, Va. A federal appeals court in Washington upheld the award last year. The disputed technology involves a microprocessor that accepts torque information from both the internal combustion engine and electric motor. 7203 (Tokyo) fell ¥50 to ¥5,250 ($50.60.).

Back to top