General Motors Co. (GM) has been hit with another lawsuit, the biggest to date that could seek $10 billion in compensation for 27 million owners who have seen their vehicle’s value plummet due to serial recalls.
The would-be class action suit...
GM Recall Reaches a Total of 4.8 Million Vehicles this Year Alone
Saturday morning, General Motors announced that it was recalling 490,000 trucks and 172,000 compact cars in the U.S., making the total GM recall about 4.8 million vehicles in the first three months of 2014 alone. This is about six times the...
GM Recalls More Vehicles for Fire Risk
As if General Motors is not dealing with enough challenge, they have just announced another series of recalls. The latest is a recall of 284,913 Chevrolet Aveo and Optra vehicles of model years 2004 to 2008 in the U.S. and other markets. 218,000...