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GM car owners to fight on for billions after bankruptcy ruling

Monday, April 20, 2015 - 05:50
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GM escaped billions more in liability because a judge ruled that it can't be sued for economic losses tied to so-called Old GM's actions or over accidents that happened before the bailout.

New York

GENERAL Motors Co car owners will still seek US$7.5 billion for the diminished value of recalled vehicles, despite a ruling that largely freed the carmaker from liability for wrongdoing before its 2009 bankruptcy.

That number was supplied by a lawyer for car owners the day

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