In Business This Week
GM: A COURT WIN AND A HOT BATTERY
Does anyone remember the Shannon Mosely decision? A year ago, a U.S. court awarded $105 million to the family of a Georgia teenager killed in a General Motors pickup truck in 1989. In a stunning reversal June 13, though, Georgia's Court of Appeals threw out the original verdict. The three-judge panel explained that it overturned the case partly because the plaintiffs' lawyers had improperly told the jury about 120 lawsuits involving GM trucks and about a pending federal investigation into whether the trucks should be recalled.
Separately, GM announced that it has formed a venture to manufacture a revolutionary new battery. Its partner, Ovonic Battery, is developing a nickel-metal-hydride battery that could double the range of electric vehicles, to as much as 200 miles per charge.EDITED BY KEITH H. HAMMONDS