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GM (Motors Liquidation Company) filed for bankruptcy in 2009, which tied up the outstanding claims until a court determines who gets paid. According to the DEX-COOL manufacturer, "mixing a 'green' [non-OAT] coolant with DEX-COOL reduces the batch's change interval to 2 years or 30,000 miles, but will otherwise cause no damage to the engine".
The General Motors ignition switch recalls refers to February 6, 2014 when General Motors recalled about 800,000 of its small cars due to faulty ignition switches, which could shut off the engine while the vehicle was in motion and thereby prevent the airbags from inflating. [1] The company continued to recall more of its cars over the next ...
General Motors Coagreed to a $5.75 million settlement to resolve allegations itmade false statements to California's largest pension system andother investors over its deadly ignition switch recalls.
GM filed for Chapter 11 reorganization in the Manhattan New York federal bankruptcy court on June 1, 2009, at approximately 8:00 am EDT. June 1, 2009, was the deadline to supply an acceptable viability plan to the U.S. Treasury. The filing reported US$82.29 billion in assets and US$172.81 billion in debt.
GM's troubled Cruise has offered California regulators money and concessions to resolve an investigation of its handling of a pedestrian accident. GM's Cruise offers a settlement to California ...
May 14, 2024 at 6:28 PM. David Paul Morris—Getty Images. Cruise, the self-driving robo taxi company owned by General Motors, reached a settlement with the pedestrian who was dragged by one of ...
A settlement offer or offer to settle is an offer to resolve an outstanding issue or account. This may involve a statutory offer to compromise in a civil lawsuit . In either case, it involves communication from one party to the other suggesting a settlement , or an agreement to fully and finally resolve the outstanding issue, account, or dispute.
The GM Instrument Cluster Settlement was a 2008 class action settlement awarded to owners of certain General Motors vehicles with allegedly defective speedometers. The settlement allows the owner or lessee to get their instrument cluster replaced under the terms of a special coverage adjustment to their factory standard warranty .