Court tosses claims over lost GM car values, allows others
DETROIT (AP) — A federal judge has ruled that owners of General Motors cars recalled for defective ignition switches can sue the company for any loss in the cars' value.
GM spokesman Jim Cain said decision was a big win for the company because the judge tossed out the broader claims that a series of recalls in 2014 damaged the company's reputation and devalued all GM cars.
The embarrassing recalls included 2.6 million small cars such as the Chevrolet Cobalt for ignition switches that could slip out of the run position and cause cars to unexpectedly stall.