There are approximately 95,000 owners of 2006-2008 Honda Civic Hybrids equipped with what Honda admits are prematurely deteriorating IMA batteries, court documents show.Under terms of the proposed settlement, Honda would pay a maximum of $9.5 million for the battery issue if every owner claimed the $100 award. Consumers claim the actual repair of the issue for the 95,000 owners will cost more than $332 million.
Consumer Attorneys Hagens Berman Laud States' Decision To Weigh Inadequacy Of Honda Civic Hybrid Settlement
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.