Chrysler/GM Bankruptcy
BREAKING NEWS FROM CHRYSLER-Chrysler Group To Expand Accepted Product Liability Claims
Letter from Chrysler Group LLC to Senator Richard Durbin (D-Ill.) expanding liability acceptance.
“…the company will accept product liability claims on vehicles manufactured by Old Carco before June 10 that are involved in accidents on or after that date.”
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Chrysler and General Motors Bankruptcies Leave Injured Consumers No Recourse
In their bankruptcy proceedings, both Chrysler and General Motors are seeking protection from pending and future liability claims against their products manufactured before their Chapter 11 filings. This means that victims of a defective Chrysler or General Motors product would not be able to recoup anything for their financial or quality-of-life losses. The victims of myriad defects, including roof crush, park-to-reverse transmission defects, seat belt buckle unlatch and exploding gas tanks – to name a few-will be stuck with crushing medical bills and no resources to cope. These victims may well be the ones next in bankruptcy court.
Other companies struggling with bankruptcy have made provisions for liability claims through insurance policies, or victim compensation funds or by accepting successor liability. But not Chrysler or GM. They have taken billions in taxpayer funding to survive and now they want to keep the American public on the hook for the victims of their mistakes.
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06/24/09 GM Forces Safety Ad Off the Air:The Ad Hoc Committee of Consumer Victims of GM & Chrysler protest letters to: GM, the FCC, and Comcast.
06/23/09 New Report from SRS:Public Safety at Risk: Bankruptcies Leave Legacy of Defects, Injuries and Deaths
Fact Sheet – Center for Justice & Democracy
Read more about the Chrysler bankruptcy
Read more about the GM bankruptcy
Center for Justice & Democracy: Letter to Obama 06/10/09; Chrysler/GM Victims Traveling to Washington DC; Solutions
07/02/09 Consumers for Auto Reliability and Safety petition the Federal Trade Commission to require labels informing buyers of a used Chrysler’s unique liabilities granted by the bankruptcy and sale to Fiat.
06/26/09 Jeremy Warriner Consumer Protection Act of 2009: Congressman Andre Carson (IN) introduces bill to require GM and Chrysler to purchase Insurance for past, current and future liability claims.
Senate Committee on Science, Commerce, and Transportation’s Letters to GM and Chrysler Requesting the Companies Fulfill their Obligations to Injured Customers and their Families:
GM’s Response 06/12/09
Chrysler’s Response 06/12/09
Senator Jay Rockefeller’s (D-WV) Press Release 06/16/09
