“The cost of lawsuits adds at least $500 to the price of every vehicle, according to Chrysler Group President Tom LaSorda, who said Thursday that Chrysler is stepping up its fight for tort reform.” (Dee-Ann Durbin, “LaSorda calls for lawsuit reform”, AP/Saginaw News, Feb. 9). More on suits against automakers at our automotive page.
Related posts
In autos; Chrysler; Michigan
“LaSorda said one of the biggest problems is that 32 states don’t allow juries to consider whether accident victims were wearing seat belts when assessing damages.”
good job america.. good job…
Do you think Tom keeps track of the costs incurred by each victim when someone is injured or killed because of a vehicle defect?
$500 per car, Chrysler says
“The cost of lawsuits adds at least $500 to the price of every vehicle, according to Chrysler Group President Tom LaSorda, who said Thursday that Chrysler is stepping up its fight for tort reform.” (Dee-Ann…
Since this site has shown that lawyers seem to define “defect” as “anytime somebody dies, thre’s a defect”, I see no reason to take that comment seriously.
I do find the $500 amount surprisingly low - how many cars do they sell every year? Also, I wonder if that includes non-settlement/payment money (administrative costs, for example).