Like consumers making payments over several months for their purchases, Takata is asking automakers to pay its part of the airbag recall in installments.
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Tag: product defects
After two weeks of deliberation, a jury in Decatur County, Georgia has found Jeep liable for the 2012 death of a 4-year-old involving a 1999 Grand Cherokee.
Should the day come when Takata asks for financial assistance to remain afloat after its troubles have passed, Honda may not be there to lead the rescue.
Should a federal judge decide General Motors acted in the wrong during bankruptcy proceedings, the automaker may see its protections considerably narrowed.
Nine years after a 1996 Camry with an accelerator defect led to a fatal accident in Minnesota, Toyota was found at fault and ordered to pay $11 million.
Worried that the airbag in your Honda may shred your face instead of saving it? Complain loud enough, and the automaker will replace the unit in question.
The victims and families affected by the February 2014 General Motors ignition switch recall can breathe a little easier, as the deadline to file a claim with the victim compensation program administered by attorney Kenneth Feinberg has been extended.
Remember all of those bankruptcy protections sought by General Motors that were made against any and all future lawsuits linked to ignition-related accidents and fatalities that occurred prior to the automaker’s exit from said bankruptcy in July 2009? Guess how much it would owe if the shield collapsed?
Over a month since the first claims were filed by those affected by a defective General Motors ignition switch originally linked to 31 accidents and 13 deaths, compensation administrator and attorney Kenneth Feinberg has found a total of 19 deaths and 31 eligible claims thus far.
In today’s General Motors Digest: Replacement ignition switches are shipping to dealership service bays in boxes that may not reflect the contents inside; GM hands over 2 million documents to the United States House of Representatives; and certain truck owners are on their own as far as rusty brake lines are concerned.
General Motors no longer has the monopoly on ignition and air bag problems, as the National Highway Traffic Safety Administration is looking into Fiat Chrysler Automobiles’ Chrysler Group over those very issues.
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