GM settles $220M lawsuit for allegedly selling private driver data

General Motors (GM) will pay $220 million to settle an investigation into selling drivers' personal data collected via its Smart Driver program to insurers without explicit consent. The program, active from 2016 to 2024, tracked driving habits and locations. The settlement, involving 35 states and D.C., imposes new privacy restrictions on GM, including data collection limits and enhanced privacy protections.

General Motors faces a class-action lawsuit over alleged oil cooler defects in 2024-2026 Silverado and Sierra 2500HD/3500HD trucks, with claims of internal cracking and contamination. The issue is linked to a smaller oil filter used in 2024 models, similar to passenger cars. Dealers are accused of inadequate fixes, leading to repeated failures. Owners seek compensation and extended warranties.

General Motors (GM) will pay $220 million to settle allegations it sold customer driving data without consent. The settlement, led by Maryland AG Anthony Brown, involves 36 states and covers data collected from 2016 to 2024. GM must now obtain explicit consent for data collection and implement stricter privacy measures. The company ended its Smart Driver program in 2024.

Michigan AG Dana Nessel and a coalition of 36 AGs reached a $220M settlement with General Motors (GM) for allegedly selling driver data without consent. GM will pay $7.2M to Michigan and implement stricter data privacy measures. The settlement follows allegations that GM sold data to insurers, affecting premiums, and misled customers about data collection.

Alphabet, Amazon, and Intel reported weaker-than-expected earnings, with shares falling 13%, 2.4%, and 28% respectively. The Nasdaq 100 dropped 2.6%. Meanwhile, Michigan automakers GM and Ford rose 14% and 5% after positive earnings and strategic announcements. The Fed held rates steady, with a 74% chance of a December hike.

General Motors (GM) will pay $220 million to settle allegations of unlawfully selling consumer data to third parties, including insurers, without consent. The settlement, involving 35 states, requires GM to obtain explicit consent before collecting or sharing driving and location data. Massachusetts will receive $5.7 million. GM's Smart Driver program, which tracked driving habits, was found to have shared data with insurers via data brokers, affecting premiums.