GM liability News

Takata Suitors Weigh GM Bankruptcy Liability Ruling

As auto supplier Takata Corp. prepares for a possible U.S. bankruptcy filing, potential bidders are poring over a recent U.S. court ruling that could expose a buyer to liability for the company’s defective air bags, sources have told Reuters. Takata …

First GM Ignition Switch Trial Sidetracked by Check Fraud Allegation

An Oklahoma family’s eviction from their “dream house” following allegations of check fraud is threatening to derail the first trial over General Motors Co.’s deadly ignition-switch flaw. Robert Scheuer, a mail carrier who claims the defect disabled his air bag …

GM Settles Shareholder Suit But Ignition Switch Exposure Not Over

General Motors Co.’s potential liability over flawed ignition switches isn’t over yet, and billions of dollars remain at stake. GM agreed Thursday to pay $575 million to end a shareholder suit tied to the defect and more than 1,380 civil …