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Texas Attorney General Ken Paxton sued General Motors Tuesday, alleging the carmaker illegally collected and sold drivers’ data to insurance companies without their consent or knowledge ...
Texas filed a lawsuit Tuesday against General Motors (GM), alleging the company unlawfully collected drivers’ data and sold it. Texas Attorney General Ken Paxton (R) announced the legal action ...
July 26, 2024 at 6:56 PM. DETROIT (AP) — Two U.S. senators are calling on the Federal Trade Commission to investigate automakers selling customers' driving data to brokers who package it and ...
Over 100 lawsuits were filed against General Motors in response, which resulted in consumer advocate Ralph Nader specifically scrutinizing the Corvair in his 1965 book Unsafe at Any Speed. The negative publicity was compounded by the revelation that GM declined to include suspension upgrades on the 1960–63 model years that would have given ...
General Motors bankruptcy. Only days after approaching the U.S. Government to seek further funding, General Motors published its losses for the final quarter of 2008 to be at $9.6 billion (£6.7 billion). This brought its overall 2008 losses to $30.9 billion. In 2007, General Motors made a loss of $38.7 billion.
The General Motors ignition switch recalls refers to February 6, 2014 when General Motors recalled about 800,000 of its small cars due to faulty ignition switches, which could shut off the engine while the vehicle was in motion and thereby prevent the airbags from inflating. [ 1] The company continued to recall more of its cars over the next ...
The Fair and Accurate Credit Transactions Act of 2003 ( FACT Act or FACTA, Pub. L. 108–159 (text) (PDF)) is a U.S. federal law, passed by the United States Congress on November 22, 2003, [ 1] and signed by President George W. Bush on December 4, 2003, [ 2] as an amendment to the Fair Credit Reporting Act. The act allows consumers to request ...
On Monday, investment bank Goldman Sachs (NYS: GS) announced that it has reinstated coverage of General Motors (NYS: GM) with a buy rating. Citing improvements in GM's Brazilian operations and an ...