Court Ruling Unleashes Lawsuit Against GM for Faulty Transmissions
GMGM(GM) ZACKS·2024-08-31 00:46

Per media sources, a federal appeals court has ordered U.S. auto giant General Motors (GM) to face a class action lawsuit that alleges the company violated the laws of 26 U.S. states by intentionally selling hundreds of thousands of vehicles equipped with defective transmissions. The decision, issued by the 6th U.S. Circuit Court of Appeals, paves the way for a group of drivers to collectively sue GM over problems associated with its 8L45 and 8L90 eight-speed automatic transmissions, which were used in Cadi ...