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Automakers

GM ignition switch settlement with vehicle owners wins preliminary court approval

GM
(BLOOMBERG/Bloomberg)
JS
By:
JONATHAN STEMPEL
R
By:
Reuters
|
April 23, 2020 05:38 PM

NEW YORK -- General Motors on Thursday won preliminary U.S. court approval of a $120 million settlement with owners who said defective ignition switches caused their vehicles to lose value.

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