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.”
Congress Wants Answers
April 22, 2014
US Senators and Congress members are asking GM to explain the “delay of more than 10 years in notifying consumers and beginning to repair the defect.” that cause loss of power include loss of power steering and power brakes in numerous GM products.