DRIVERS are in line to get a pay-out potentially up to $12,000 in line with a settlement worth up to $35 million.
Americans who own certain General Motors trucks could see a payment landing in their bank in the coming months.
Drivers could be in line for a payment worth thousands as part of a settlement[/caption]
Drivers that own or owned a 2011-16 Chevloret Silverado car could be in line to profit (Pictured: 2014 Chevrolet Silverado)[/caption]
The settlement primarily affects those who bought 2011-16 Chevrolet Silverado or GMC Sierra diesel trucks from General Motors dealerships across a slew of states, per Top Class Actions
These include California, Florida, New York, and Pennsylvania.
A lawsuit claimed that faulty fuel pumps were installed which led to engine failures.
General Motors chiefs haven’t accepted any wrongdoing but have agreed to resolve the claims via the settlement.
Drivers could be in line to pick up between $6,356 and $12,712 for any repairs that were not covered under warranty.
But Americans who no longer have a General Motors car could also be in line for a share of the settlement.
They might pocket between $400 and $800.
Drivers have plenty of time to submit their claims as the deadline to submit forms will likely not be until July next year.
Americans can check their eligibility by checking their VIN online.
Other forms of proof include a repair invoice and past bank account statements.
To receive a share of the pot, drivers must meet three criteria.
They must’ve bought either a 2011-2016 Silverado or GMC Sierra diesel truck.
The vehicle must’ve been bought from a GM dealer in California, Florida, Illinois, Iowa, New York, Pennsylvania or Texas.
And, the car must’ve been purchased between the dates of March 1, 2010 up to September 13, 2024.
What’s a class-action settlement?
Class action lawsuits offer groups of people, or ‘classes,’ a way to band together in court.
These suits are often brought by one or a few people who allege a company or other entity has wronged a large group of people.
When a suit becomes a class action, it extends to all “class members,” or people who may have similar complaints to those who filed the suit.
Companies often settle class actions – offering payment to class members who typically waive their right to pursue further legal action by accepting money.
These payout agreements frequently include statements by the defendant denying wrongdoing. Companies tend to settle class actions to avoid the costs of further litigation.
Pollution, discrimination, or false advertising are a few examples of what can land a class action on a company’s doorstep.
But before claims are filed, there are two dates for drivers to note.
Drivers have until December 12 to object to the settlement.
An approval hearing has been scheduled for January 21, 2025.
Drivers have been warned they must take action if they want to receive a share of the settlement.
If they don’t submit a claim, they will not receive any payment.
Claims can be submitted online or mailed to an address in Seattle, Washington.
The General Motors payout is not the only settlement available to drivers.
The U.S. Sun reported how some BMW drivers might be in line to pocket a payment from a $6 million settlement.
And, Mazda drivers could be in line to receive compensation relating to an engine fault.
The 2021-22 Mazda CX-30, 2021 Mazda 6, as well as the Mazda 2021 CX-5 are among the models impacted.
