Used-Car Dealer Seeks Damages Over GM Inventory

  Thursday, June 5th, 2014 Source: Bloomberg

An independent used-car dealer in Arkansas is seeking compensation from General Motors Co. (GM) for being saddled with “highly dangerous vehicles” that include cars not yet recalled over ignition-switch defects.
Nettleton Auto Sales Inc. demanded actual and punitive damages on behalf of all of U.S. dealers that have sold, leased or stocked defective GM vehicles, according to a complaint filed May 23 in federal court in Little Rock, Arkansas. GM disclosed the lawsuit yesterday in U.S. Bankruptcy Court in Manhattan. GM “actively” concealed the ignition-switch defect until this year, Nettleton alleged.

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