GM ignition switch settlement News

GM Settles Faulty Ignition Switch Cases for $120 Million

General Motors Co. has reached a $120 million settlement with owners who claimed that their vehicles lost value because of defective ignition switches, which have been linked to 124 deaths. The preliminary settlement was filed on Friday night with the …

GM to Pay States $120 Million to Settle Ignition Switch Claims

General Motors Co. has agreed to pay $120 million to resolve claims from 49 U.S. states and the District of Columbia over faulty ignition switches, state attorneys general and the company said on Thursday. The largest U.S. automaker had previously …

GM to Fight $1B Settlement over Faulty Ignition Switches

Plaintiffs suing General Motors Co. over faulty ignition switches and other alleged vehicle defects have reached a $1 billion settlement requiring the automaker to turn over that amount of stock, a lawyer for the plaintiffs said in a court hearing …

General Motors Agrees to Settle Hundreds of Ignition Lawsuits

General Motors Co. has agreed to settle federal lawsuits by as many as 203 plaintiffs over defective ignition switches in its vehicles, a Friday court filing shows. Settlement terms are confidential, but the accord could also resolve hundreds of state …

GM Settles Bellwether Ignition Switch Cases Before Trial

General Motors Co. settled the final two bellwether cases over ignition switch flaws scheduled for trial in federal court in New York, averting one set to begin next week. Terms of the settlements are confidential, according to statements Monday by …

Attorney Moves to Undo GM Ignition Switch Settlement

General Motors Co. has asked a judge to reject efforts by a lawyer who first publicly exposed a faulty ignition switch in GM vehicles to undo a settlement fund resolving 1,380 death and injury lawsuits. In a separate filing, the …