What is the class action lawsuit on the Chevy Volt?
In a significant development, a class action lawsuit has been filed against General Motors (GM) regarding issues with the battery system in the Chevy Volt electric vehicle. The lawsuit alleges that the Volt's battery pack is prone to defects, leading to safety concerns and reduced vehicle performance. This article delves into the details of the class action lawsuit and its implications for Volt owners.
The Chevy Volt Battery Defect Allegations
The class action lawsuit, filed in the United States District Court for the Central District of California, claims that the Chevy Volt's battery pack is susceptible to a defect that can cause the battery to fail prematurely. The lawsuit alleges that the battery defect can lead to a complete loss of power, leaving drivers stranded and potentially creating safety hazards on the road.
According to the lawsuit, the battery defect is caused by a design flaw in the Volt's battery pack, which can allow moisture to enter the battery cells and cause them to degrade over time. This degradation can result in a significant reduction in the battery's capacity and overall performance, ultimately leading to the complete failure of the battery system.
Impacts on Volt Owners
The battery defect has had a significant impact on Volt owners, who have reported experiencing a range of issues with their vehicles. Some Volt owners have reported a sudden loss of power while driving, leaving them stranded and unable to continue their journey. Others have experienced a gradual decline in the vehicle's battery capacity, leading to a shorter driving range and increased reliance on the gasoline-powered engine.
The battery defect has also resulted in increased maintenance and repair costs for Volt owners, as they have been forced to replace the battery pack or other components of the vehicle's electrical system. This has led to significant financial burdens for many Volt owners, who may have purchased the vehicle with the expectation of lower operating costs and reduced environmental impact.
The Class Action Lawsuit
- The class action lawsuit seeks to hold GM accountable for the battery defect and to provide compensation to Volt owners who have been affected by the issue.
- The lawsuit alleges that GM was aware of the battery defect but failed to disclose it to consumers, and that the company has not taken adequate steps to address the problem.
- The lawsuit is seeking damages for Volt owners, as well as the implementation of a recall or other remedial measures to address the battery defect.
The outcome of the class action lawsuit will have significant implications for Volt owners and the broader electric vehicle industry. If successful, the lawsuit could set a precedent for holding automakers accountable for defects in their electric vehicle battery systems, and could lead to increased scrutiny and regulation of the industry.
Does everyone get the same amount of money in a class action lawsuit?
Class action lawsuit settlements are not divided evenly. Some plaintiffs will be awarded a larger percent while others receive smaller settlements. There are legitimate reasons for class members receiving smaller payouts.
How much will I get from a GM class action lawsuit?
Under the terms of the GM fuel pump settlement, class members can receive between $6,356 to $12,712 for past fuel pump repairs that were not covered under warranty. Repair reimbursement will vary depending on the number of claims filed.
Do you actually get money from class action settlements?
If your class action lawsuit is successful, you will receive a portion of the settlement or court award. Plaintiffs are paid by a lump-sum payment or a structured settlement. Smaller payouts are usually dispersed as a single payment.
What Chevy models are being recalled?
The recall comes on the back of multiple complaints and an injury and covers the following models:
- 2020 – 2024 Chevrolet Silverado 2500.
- 2020 – 2024 Chevrolet Silverado 3500.
- 2020 – 2024 Chevrolet Sierra 2500.
- 2020 – 2024 Chevrolet Sierra 3500.
What is the GM 12000 payout?
For 2022, GM's payout of was $12,750, the highest since 2016 when it was at $12,000 per employee. "Our employees and owners are all sharing in our success," GM CEO Mary Barra said in a statement.
How to join the class action lawsuit against GM?
How do I join the GM transmission class action lawsuit? You can join by first determining if your vehicle qualifies and then contacting a lemon law attorney to file a claim on your behalf.
What is the average life of a Chevy Volt?
According to motorandwheels.com, a typical Chevy Volt will last 200,000-300,000 miles.
Are Chevy Volts being recalled?
Description of Recall: General Motors LLC (GM) is recalling certain 2018-2019 Chevrolet Equinox, Impala, Cruze, Volt and Bolt EV vehicles, GMC Terrain vehicles, Buick Lacrosse and Regal vehicles, Cadillac XTS and XTS Professional vehicles and 2018 Chevrolet Malibu vehicles.
Can I still join the class action lawsuit?
If you miss the class action lawsuit, or you don't find out about the lawsuit until after a verdict or settlement is reached, the common fund provides a way for you to join the case and receive payment for your portion of the monetary award.
How do I know if I am part of a class action lawsuit?
You will receive a notice in the mail or email if you are an eligible class member. The notice will provide a detailed description of the lawsuit and all your available options. In most cases, eligible class members join the litigation automatically and do not have to take any action.
