A 2009 bankruptcy deal brokered by Uncle Sam was supposed to protect the reincarnated General Motors Co. from legacy liabilities, but attorneys say that an impending wave of suits over a long-festering vehicle defect could nonetheless advance if it turns out the automaker hid the danger from the public.
General Motors Corp. was hit with a consumer putative class action Friday in Florida federal court, alleging defects in some Chevy Traverse airbag warning lights that the plaintiff claims are especially concerning amid a federal investigation into airbag problems in different cars.
The ignition switch problem behind the recent General Motors Co. recall appears less complicated than the source of the unintended acceleration seen in Toyota Motor Corp. vehicles several years ago, which would put GM at a comparative disadvantage in personal injury and wrongful death litigation.
General Motors LLC was hit by a proposed class action Friday in Texas federal court by consumers who say the car manufacturer concealed a defect that caused its vehicles to have a sudden engine power loss, which came to light after the company recalled 1.4 million vehicles.
The National Highway Traffic Safety Administration's failure to force General Motors Co. to recall cars with faulty ignition switches won't shield the automaker from potential criminal charges, attorneys say, especially if regulators are able to show, as they have suggested, that GM executives withheld crucial details about the defect.
South Korea would need to address customs and auto issues under a two-way free trade agreement with the U.S. before it would be welcomed into negotiations for the proposed Trans-Pacific Partnership, the U.S. Trade Representative's office said Friday.
The Florida Supreme Court ruled Thursday that an insured's breach of a compulsory medical examination provision in an underinsured motorist policy does not result in forfeiture of benefits unless the insurer pleads and proves prejudice as part of its affirmative defense.
More than 300 car accident fatalities trace back to faulty ignition switches in models that General Motors Co. recalled last month, according to a private watchdog’s report Thursday to federal regulators probing whether the defect was concealed for years leading up to the recall.
A Michigan federal judge on Thursday tossed a consumer class action accusing Chrysler Group LLC of failing to promptly fix an airbag defect in several Jeep and Dodge vehicles, finding that the plaintiffs lacked standing and that the company had taken appropriate steps to address the problem.
The nondebtor parent for bankrupt auto parts conglomerate Revstone Industries LLC on Thursday blasted a proposed settlement the company struck with the Pension Benefit Guaranty Corp. to resolve more than $95 million in pension-related claims, arguing the debtor is raising the white flag with regard to the agency's claims.
Three Volkswagen AG employees who oppose unionization at the automaker's Chattanooga plant filed suit in Tennessee federal court on Wednesday seeking to block alleged collusion between the company and the United Auto Workers if the National Labor Relations Board should clear the way for a new unionization vote at the plant.
The U.S. National Highway Transportation Safety Administration said Sunday it is closing an investigation and won’t demand a recall of 2012 Jeep Liberty vehicles that allegedly were at risk of door fires.
U.S. Transportation Secretary Anthony Foxx told lawmakers Thursday that regulators are investigating whether General Motors Co. was slow to report faulty ignition switches in its vehicles, suggesting that the agency might have moved sooner to press the automaker to recall cars if it had known about the extent of the problem.
The U.S. and Japan made progress — but did not reach a major breakthrough — this week in discussing U.S. concerns over access to Japan's automotive and insurance markets, a U.S. trade official said Wednesday.
A Florida appeals court on Wednesday reversed a trial court’s order blocking part of a controversial state auto insurance law for a group of health care providers including an acupuncturist, a chiropractor and others, saying the law did not violate their constitutional rights.
Russia on Tuesday shot down an initial bid by the European Union to establish a panel to consider a World Trade Organization dispute over recycling fees Russia imposes on motor vehicles.
A Michigan federal judge Tuesday threw out a pension dispute against Mahle Engine Components USA Inc., ruling that the company did not assume an engine part factory’s pension liabilities when it bought the facility after its owner filed for bankruptcy.
A Delaware bankruptcy judge reconsidered his earlier denial of a request by a former employee of a Revstone Industries LLC unit to launch an investigation of the estate, ruling Tuesday the probe can indeed go forward, but on a limited basis.
A California appeals court recently held that insurers generally don't have to launch settlement discussions with those injured by their policyholders in high-stakes cases, freeing insurers from the greater bad-faith liability they feared following a controversial — and later amended — Ninth Circuit opinion.
Trico Products Corp. asked the U.S. International Trade Commission on Monday to investigate whether products imported by a Belgian rival infringed Trico's patents covering the measurements and mathematical formula it uses to design its windshield wipers.