May 29, 2009

ASBESTOS LITIGATION: General Motors Has $627M March 31 Liability

COMPANIES: General Motors Corp
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General Motors Corporation’s liability for asbestos-related matters was US$627 million at March 31, 2009, US$648 million at Dec. 31, 2008 and US$628 million at March 31, 2008.

The Company has been subject to asbestos-related claims in recent years. While it has…

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TOPICS: Asbestos | Auto Parts | Automobiles | Financial Services | General News | Legal Issues, Litigation | Machinery/Misc Manufacturing
LOCATIONS: Michigan | United States