News tagged with 'Defective Autos'

A group of people who were injured or lost loved ones due to unsafe and defective Chrysler vehicles rallied together and held a protest outside the company's Auburn Hills headquarters yesterday.

General Motors Corp. has agreed to take on future liability claims from defective autos and parts as a means to a quick sale and emergence from Chapter 11 bankruptcy. But the automaker will still leave behind claims by victims of past accidents, including the death of Lexi James, 10, in a 15-passenger Chrysler van.

Victims of defective GM and Chrysler vehicles will have no remedy through the courts under the new company, owned by Fiat.  The deal was orchestrated to help the company emerge from bankruptcy through the U.S. Treasury Department and involves 40 million vehicles currently on the road and thousands of pending claims.