October 26, 2021

Plaintiffs propose blueprint to try GM defects lawsuits

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By Amanda Bronstad, The National Law Journal General Motors Co. could face its first trial next year over injuries or deaths blamed on an ignition-switch defect that prompted recalls of 2.6 million cars and trucks worldwide. In letters filed on Monday, lead plaintiffs attorneys put forth the first proposed bellwether trial plan in preparation for […]

GM recalls 269,001 Saturns, Chevrolets, Cadillacs, Buicks, and Pontiacs

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By Laura Northrup From Consumerist Well, it’s the end of business on a Friday afternoon, so that means it must be time for another General Motors recall! As part of their apparent effort to recall every GM vehicle on the roads at least once, this afternoon the company announced the recall of 202,115 cars from […]

Attorneys complain GM’s compensation plan falls short

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By Amanda Bronstad, The National Law Journal General Motors Co. unveiled its plan to compensate victims of its ignition-switch defect on Monday, but plaintiffs lawyers complained that the program leaves out a large number of their clients, many of whom will pursue their cases in court. The uncapped fund, announced by claims attorney Kenneth Feinberg, […]

Engineer’s ‘switch from hell’ began GM’s recall woes

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From Moneymax Inside General Motors, they called it “the switch from hell.” The ignition switch on the steering column of the Chevrolet Cobalt and other small cars was so poorly designed that it easily slipped out of the run position, causing engines to stall. 

Engineers knew it; as early as 2004, a Cobalt stalled on […]

Buffett trims GM stake while Einhorn exits amid record recalls

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From Moneynews Warren Buffett’s Berkshire Hathaway Inc. cut its stake in General Motors Co. in the first quarter and some hedge funds including Greenlight Capital Inc. exited completely as the carmaker recalled a record number of vehicles. Berkshire reduced its GM holdings by 25 percent during the three-month period to 30 million shares, the Omaha, […]

GM car owners bring class action over fatality-causing ignition defect

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By Charles Toutant, From New Jersey Law Journal A federal court putative class action alleges General Motors Corp. fraudulently concealed a defect in ignition switches of 2.6 million Chevrolet, Pontiac and Saturn vehicles, a problem that has caused at least 13 deaths. The complaint, in Ruff v. General Motors, filed Monday in Trenton, N.J., claims […]

GM suffers another recall

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By Andy Beal From Trackur WITH 1.6M RECALLS, 31 FAILURES, AND 13 DEATHS, GM’S REPUTATION HINGES ON JUST 3 WORDS If you offered a product that resulted in 31 failures and 13 deaths, you’d take that product off the market pretty quickly, right? Well, if you’re General Motors you might decide that to recall 1.6 […]

GM GC begins investigation into fatal engine shutdowns

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By Sue Reisinger, From Corporate Counsel General Motors Co. has named general counsel Michael Millikin and outside counsel Anton Valukas of Jenner & Block to cohead an internal investigation into the company’s handling of complaints related to sudden vehicle shutdowns that led to at least 13 deaths. GM last week issued a recall [PDF] on […]

China buys more GM cars than US; Best States for 2014 job growth

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From newsmax Headlines (Scroll down for complete stories): 1. U.S. Fertility Rate Hits All-Time Low 2. North Dakota, Arizona Best for Job Growth in ’14 3. Christian Pastor Freed in Iran After Christmas Arrest 4. Israel Naming Anti-Missile Facility for Sen. Inouye 5. U.S. Ranks Low for Traffic Congestion 6. China Buying More GM Cars […]