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GM faces $10 billion lawsuit because of 27 million cars recalled


General Motors, which this year alone broke all previous recall records for the North American auto industry, is now facing a huge threat: a would-be $10 billion class action suit on behalf of clients who lost value on their cars. Steve Berman, one of the plaintiffs’ lawyers, said that the upcoming lawsuit concentrates on owners who purchased or leased a car ...
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GM: odd situation sees former convict and hedge funds ally to take on the company
In an unlikely turn of events, hedge funds seem ready to help Roger Dean Gillispie, an ex-GM security guard that has been 20 years in prison, sue General Motors. The main ...
US: Japanese auto supplier to pay $100 million for probe settlement
Yazaki Corporation, the market leader for auto wire harnesses, has been hit with a civil payment of $100 million, needed to settle a long-running automotive supplier price-fixing investigation and subsequent ...
US: Uber service hit by “gratuity” surcharge lawsuit
The nascent industry of smartphone services that allow users to call in for rides is fiercely battled across the US and Europe. Many court orders ban the service, lawsuits swarm ...
Lawsuit over General Motors’ IPO dismissed
General Motors has won dismissal of a shareholder lawsuit that claimed the automaker of augmenting sales around the time of its initial public offering in November 2010 by quietly unloading ...
GM ignition switch: lawsuit claiming cover-up set in motion
A lawsuit filed by the family of a Georgia woman that lost her life in an accident linked to the ignition switch recall has been set in motion after the ...
GM gets huge lawsuit related to the ignition switch debacle
General Motors, which acknowledged that a 2.6 million cars recall issued in February was at least a decade late, has now been served a lawsuit that consolidates into one single ...
China: Tesla still has naming trouble
Back in April, the US electric carmaker finally started deliveries of its Model S sedan, after it had trouble with a Chinese businessman that held the naming rights in the ...
Hyundai sued in South Korea for fuel economy exaggeration
Buyers in South Korea’s Hyundai Motor home market moved to call a trial against the nation’s biggest automaker as the company was caught by the South Korean transport ministry overstating ...
California district attorney sues GM over recalls
Just as GM was revealing the details over its ignition switch recall victims fund, one of California’s district attorneys was also announcing a new lawsuit against the company. The Californian district ...

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