As reported in the St. Louis Post-Dispatch “Attorneys general in 11 states, including Missouri and Illinois, have filed objections to General Motors Corp.’s reorganization plan. They have asked the bankruptcy court in Manhattan to reject the sale of most of GM’s assets to a ‘new’ GM unless there is stronger consumer protection.” The filing “asks that the sale exclude a product-liability shield.”
Kicking off 2012 with car recalls
January 3, 2012
General Motors is planning to announce a recall on January 14, 2012. Over 4,000 of its 2012 Chevrolet Sonics will be subject to the recall. It has been discovered that the front brake inner or outer pad may be missing from these vehicles. Read more here.