Mexican Media Brands
GM Meets with Plaintiffs’ Lawyers on Ignition Recall Claims
Kenneth Feinberg the lawyer General Motors Co. hired to determine how to compensate victims of car crashes linked to a belatedly recalled faulty ignition switch met on Friday with Texas lawyers representing several hundred of those claimants.
#regulations
Share
Kenneth Feinberg the lawyer General Motors Co. hired to determine how to compensate victims of car crashes linked to a belatedly recalled faulty ignition switch met on Friday with Texas lawyers representing several hundred of those claimants.
GM says the talks were preliminary and did not get into specific claims or possible payments.
The carmaker appears committed to compensating actual injury victims and the families of 13 people who died in crashes associated with the flawed switches. GM is recalling 2.6 million cars that were built with the defective devices between 2003 and 2011. Reports suggest the company could announce a specific payment plan in June.
GM is resisting another group of lawsuits that seeks awards to offset claimed loss of vehicle value caused by the recall. The company argues that it is specifically shielded from claims of economic loss by the terms of its 2009 bankruptcy restructuring.
RELATED CONTENT
-
Tesla Maxes Out on Tax Credit as U.S. Sales Reach 200,000
Tesla Inc. says it will deliver its 200,000th electric vehicle in the U.S. this month, thereby triggering a phase-out of the $7,500 federal tax credit its vehicles have enjoyed.
-
Daimler Cleared to Test Advanced Robotic Cars on Beijing Roads
Daimler AG has become the first foreign carmaker to win permission to test advanced self-driving vehicles on public roads in Beijing.
-
Self-Driving Chevy Bolt Ticketed for Driving Too Close to Pedestrian
Police in San Francisco ticketed the backup driver in a self-driving Chevrolet Bolt for allowing the car to drive too close to a pedestrian in a crosswalk in San Francisco.