YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

GM files $28M breach-of-contract suit

Posted online

General Motors is seeking $28 million from automotive battery maker Johnson Controls in a breach-of-contract lawsuit.

In the suit, GM alleges Johnson Controls failed to pay all costs related to a series of settlement agreements the companies reached regarding GM's 2014-16 model year vehicles with Johnson Controls-supplied batteries.

“We have fully complied with all of our contractual obligations to General Motors and intend to continue to do so in the future,” Johnson Controls said in a statement. “While we truly value our long-term relationship and partnership, we intend to defend the case vigorously.”

Read more from BizTimes.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

12 People You Need to Know in 2019

Read the profiles of the selected guests for the editorial live interview series.

Most Read