US: GM reaches pollution settlement

General Motors has reached a settlement agreement regarding environmental clean-up costs in the US states of New Jersey, Maryland and Missouri. Bloomberg News reports that the company will pay up to US$23.8m for the settlement: the Environmental Protection Agency (EPA) will receive US$20.9m in stocks and warrants of the New GM Subscribe to Automotive World to … Continued

• By Webmaster
• February 1, 2012