Mexican Media Brands
Thai Court Orders Ford to Pay $1 Million for Gearbox Woes
Ford Motor Co.’s sales and service unit in Thailand has been ordered to compensate 291 car owners a combined $23 million baht ($989 million) for a troublesome transmission.
#legal
Share
Ford Motor Co.’s sales and service unit in Thailand has been ordered to compensate 291 car owners a combined $23 million baht ($989 million) for a troublesome transmission.
The South Bangkok Civil Court also ordered the Ford subsidiary to a 7.5% annual interest rate on reimbursements to owners who paid for repairs. And it directed the unit to pay plaintiffs’ attorneys a total of 950,000 baht ($29,400) in fees, the Bangkok Post reports.
The case is one of the first to be granted class action status under revised civil law in Thailand. The complaints address reported operational issues with 6-speed, dual-clutch Powershift transmissions in 2011 model Ford Fiesta and Focus small cars.
The Post notes that more than 100 additional owners accepted a Ford settlement before the lawsuit was presented.
RELATED CONTENT
-
U.S. Justice Dept. Asks VW to Delay Diesel Cheating Report
The U.S. Dept. of Justice has asked Volkswagen AG not to release findings of an independent probe into the German carmaker's diesel emission cheating scandal.
-
Another Japanese Supplier Pleads Guilty to U.S. Price Fixing
Maruyasu Industries Co., a Japanese supplier of steel fuel and brake lines and engine components, has pleaded guilty to U.S. charges of conspiring to rig bids and fix prices on its products.
-
Four Auto Companies Rank Among the World's Most Ethical
GM and Cooper Standard make the list for the first time, joining long-running honorees Aptiv and Cummins