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Oct 17 2014 07:35 AM | GM NewsGeneral Motors is now facing two new lawsuits with a total of $10 billion in compensation on the line. The two suits allege that GM's ignition switch recall has cause the values of their vehicles to drop.
The first and largest suit is seeking to represent owners who bought or leased a recalled car from July 2009 to July 2014 and either still owns it, traded it in after the recall was announced back in February, or got into an accident. Steve Berman, one of the attorneys involved, tells Bloomberg that more than 20 million customers could join in the suit.
“New GM repeatedly proclaimed that it was a company committed to innovation, safety and maintaining a strong brand. The value of all GM-branded vehicles has diminis...
Oct 03 2014 10:15 AM | GM NewsGeneral Motors has issued three new recall campaigns that cover 641,000 vehicles.290,107 Cadillac SRXs (2010 to 2015 model years) and Saab 9-4X (2011-2012 model years) need to have their rear toe link adjuster lock nuts inspected. The nuts may have not been properly torqued to spec which could cause the toe adjuster link to separate and the vehicle to sway around. GM says its aware of three accidents and two injuries because of this problem. Dealers will look at the nuts and replace the link assembly.117,651 model year 2013-2014 Chevrolet Tahoe and Suburban; 2013-2014 Cadillac CTS; 2013-2014 GMC Yukon and Yukon XL; 2013-2014 Cadillac Escalade and Escalade ESV; 2014 Chevrolet Traverse; 2014 GMC Acadia; 2014 Buick Enclave; 2014 Chevrolet E...
Sep 18 2014 12:30 PM | GM NewsStarting today, General Motors is beginning to ship their new midsize trucks to dealers across the U.S. GM says demand for the Chevrolet Colorado and GMC Canyon is very high, with 30,000 orders alone for the Colorado. GM has claimed that over 100,000 configurations of the two models have been created since the the "build your own" features went live on September 3rd.
To help cope with this initial demand, GM has added 750 employees at their Wentzville, Mo. assembly plant to accommodate a third shift of production.
Source: General Motors
William Maley is a staff writer for Cheers & Gears. He can be reached at email@example.com or you can follow him on twitter at @realmudmonster.
When we last checked in on General Motors' Ignition Switch Compensation Fund, almost 300 claims were filed by families due because they were effected by the ignition switch problem. Now according to the Detroit Free Press, some of the claimants are sta...
It has been almost two months since General Motors announced a compensation fund for families who either lost a loved one or who were injured because of a problem due to the ignition switch. According to the Detroit Free Press, almost 300 people have f...
General Motors took a surprising step a few years ago when they introduced a Cruze with a diesel engine for the U.S. The model gets 46 MPG on the highway and is meeting the sales expectations the company has set. Well according to Steve Kiefer, GM’s vi...
General Motors has put a rush on the next-generation Chevrolet Silverado and GMC Sierra to counter Ford's F-150. According to Reuters, GM has pushed up the launch date of their next-generation pickups, codenamed T1XX, by nine months to the fall of 2018...