Saturn VTi Transmission Settlement
Saturn VTi Transmission - Lawsuit Against New GM - GM has responded
GM has responded to our new lawsuit and, like the transmissions in the affected vehicles, GM again has quit working for Saturn owners. When the proposed sale of Saturn to Penske fell through, GM's Chief Executive Officer, Fritz Henderson stated that, "We will be working closely with our dealers to ensure Saturn customers are cared for as we transition them to other G.M. dealers in the months ahead." GM also has said that it will honor the warranties of all Saturn vehicles through other GM dealerships. Despite the public rhetoric, GM has stated in response to our new lawsuit that it will not honor the terms of the VTi settlement, and it even seeks to sanction the attorneys fighting for the Saturn owners.
For more about the adversary case against New GM, please click here.
Saturn VTi Transmission - Lawsuit Against New GM - Summary Judgment
The hearing on the parties' cross-motions for summary judgment, among other things, has been moved from March 25, 2010 to May 6, 2010.
For more about the adversary case against New GM, please click here.
Saturn VTi Transmission - New GM Changes Its Policies On Saturn VTi Transmission Again
For information about New GM's "Special Reimbursement Policy #09280," please click here.
Saturn VTi Transmission - Old GM sends out bankruptcy claim forms
If you received a bankruptcy claim form from Motors Liquidation Company (Old GM), and you are a class member of the Saturn VTi settlement, please click here.
Saturn VTi Transmission - August 27, 2009 - New Lawsuit
A lawsuit to enforce the settlement has been filed. For more information, please click here.
Saturn VTi Transmission - July 5, 2009 - Bankruptcy Judge Approves Sale of GM
Why has GM remained silent about the Saturn VTi transmission settlement? For more information, please click here.
Saturn VTi Transmission - June 1, 2009 update - Defendant in Bankruptcy
General Motors Corporation announced that it had filed for bankruptcy protection on Monday, June 1, 2009, under Chapter 11 of the Bankruptcy Code. It plans to reorganize its business. For more information, please click here.
Saturn VTi Transmission - Settlement Anouncement
We are pleased to announce that the U.S. District Court for the Eastern District of California granted final approval on April 16, 2009 of a Settlement with General Motors regarding the Saturn VTi transmission.
Under the settlement, class members are entitled to reimbursement for certain past and future expenses relating to the inspection, repair or replacement of VTi transmissions, and for certain losses relating to past trade-ins of vehicles with failed VTi transmissions. The rate of reimbursement depends on the vehicle mileage at the time of transmission failure, and on whether the vehicle was purchased new or used, as summarized in the following chart:*
|
Vehicle Mileage |
GM Reimbursement Rate for Vehicles Purchased New |
GM Reimbursement Rate for Vehicles Purchased Used |
|
100,000 or less |
100 percent |
75 percent |
|
100,101-125,000 |
75 percent |
30 percent |
Claims for reimbursement are subject to future time limitations. For additional information regarding the relief available under the Settlement, the process and deadlines for submitting claims, and other common issues, please see the below links.
We will continue to update this website with new developments, so please check back often. For more information, please email us at saturnvti.classaction@lakinchapman.com or call us at (618) 251-2498.
* For more detailed information, click on Class Notice above. For complete settlement terms, see the Settlement Agreement.
** GM used a third-party to help it identify all class members (R.L. Polk). On March 12, 2009, GM and Class Counsel learned about a computer glitch in R.L Polk's computers that may have possibly resulted in 7,090 class members not receiving notice. Notice is being mailed to those class members. This subsequent notice does not affect the settlement terms for the people who received the notice that was mailed on, or around January 9, 2009.
