THIS SETTLEMENT RELATES TO CURRENT AND FORMER OWNERS AND LESSEES OF GM VEHICLES THAT WERE SUBJECT TO CERTAIN 2014 RECALLS.
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Important Update: In accordance with the Status Report filed with the Court, distribution to eligible Settlement Claimants commenced the week of November 22 to 28, 2021.
The deadline to submit a Claim Form was April 20, 2021.
The deadline to perform the Recall repair (the “Final Recall Repair Date”) was June 19, 2021.
In accordance with the Court documents, the deadline for check reissues was May 20, 2022. All uncashed Settlement Payments are in the process of being escheated to the unclaimed property division of the State in which the Class Member resided.
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What is the Settlement About?
This class settlement of economic loss claims by persons who owned or leased GM vehicles that were recalled in 2014 was approved by the Federal District Court. The recalls involved the ignition system, key rotation, electronic power steering and/or side airbag wiring. Plaintiffs claim that consumers overpaid when they bought or leased these vehicles. General Motors LLC (“New GM”), the Motors Liquidation Company GUC Trust (“the GUC Trust”) and the Motors Liquidation Company Avoidance Action Trust (“the AAT”) deny these allegations. Plaintiffs, the GUC Trust, New GM and the AAT agreed to a settlement to avoid the risk and cost of further litigation.
Who Is Included in the Settlement?
The Class, which is for Settlement purposes only, is defined as:
All Persons who, at any time as of or before the Recall Announcement Date of the Recall(s) applicable to the Subject Vehicle, own(ed), purchase(d), and/or lease(d) a Subject Vehicle in any of the fifty States, the District of Columbia, Puerto Rico, Guam, the U.S. Virgin Islands, and all other United States territories and/or possessions.
The Class is comprised of five Subclasses. If a Class Member owned and/or leased more than one Subject Vehicle or a Subject Vehicle subject to more than one of the Recalls, they may be in more than one Subclass. More information on the five Subclasses can be found in FAQ 3.
Some persons, however, are excluded from the Class, including daily fleet rental companies, governmental entities, authorized GM dealers and persons who already released their claims as part of a different settlement.
How Do I Get a Payment?
A Class Member must have filed an eligible claim by April 20, 2021, in order to receive a payment.
As explained in the status report, the chart below identifies by Subclass the number of Settlement Claims approved as eligible for a settlement payment. Subclass membership was determined by the applicable Recall(s) for the Subject Vehicle. Please see FAQ 3 for a more detailed description of each Subclass.
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Subclass
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Number of Settlement Claims Eligible For Settlement Payments
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Subclass 1 - The Delta Ignition Switch Subclass
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185,670
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Subclass 2 - The Key Rotation Subclass
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1,037,237
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Subclass 3 - The Camaro Knee-Key Subclass
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40,725
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Subclass 4 - The Electric Power Steering Subclass
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129,483
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Subclass 5 - The Side Airbag Subclass
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80,841
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Total Number of Settlement Claims per Subclass Eligible For Settlement Payments
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1,473,956
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Accordingly, after performing the calculation listed in footnote 1 of the Settlement Claim Review Protocol, the settlement payment amount for an eligible Settlement Claim in each Subclass is as follows:
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Subclass
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Settlement Payment Amount
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Subclass 1 - The Delta Ignition Switch Subclass
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$97.43
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Subclass 2 - The Key Rotation Subclass
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$73.07
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Subclass 3 - The Camaro Knee-Key Subclass
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$48.72
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Subclass 4 - The Electric Power Steering Subclass
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$48.72
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Subclass 5 - The Side Airbag Subclass
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$48.72
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Subclasses 1 & 4 - Delta Ignition Switch & Electric Power Steering
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$146.15
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Distribution to Settlement Claimants for eligible Settlement Claims commenced the week of November 22 to 28, 2021. Any and all communication from a Settlement Claimant to the Class Action Settlement Administrator must include the Settlement Claimant’s full name, current and former address(es), Unique ID and Claim Number, if known, along with any other identifying information.
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