LIVE: Protests continue in downtown Milwaukee
Hub for reliable, timely news about COVID-19 pandemic

Report: Ford to pay $30M+ for lawsuit over transmissions

RICHMOND, CA - NOVEMBER 02: Cars are reflected in the grill of a new Ford truck November 2, 2009 in Richmond, California. Ford Motor rerported a nearly $1 billion third quarter profit earning $997 million or 29 cents a share compared to a loss of $161 million, or 7 cents a share one year ago.

DETROIT — Ford will pay at least $30 million in a proposed settlement over a class-action lawsuit related to failing transmissions in its Fiesta and Focus vehicles.

The lawsuit represents nearly 2 million owners and former owners of the cars, which had bad dual-clutch transmissions, the Detroit Free Press reported, citing court documents.

In addition to the $30 million in cash reimbursement, there will be an easier process for people to get compensated and a simplified buyback program for defective vehicles, the report said.

Ford spokesman T.R. Reid said the company believes the settlement is “fair and reasonable” and expects it to be approved during a final hearing on Feb. 28. The case was filed in 2012.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.