Ford agrees to settle 'rollover' suit: official

0 Comments | AFP, November, 2007

SAN FRANCISCO (AFP) — US auto giant Ford Motor Co said Wednesday it had reached a settlement in a class-action lawsuit lodged by people claiming the company's popular Explorer vehicle was prone to rollovers.

A spokeswoman for Ford refused to give details of the settlement in an emailed statement to AFP, saying more information would be revealed when the deal is presented before a judge in Sacramento on Monday.

"For the reasons that will be presented in court on Monday, we believe this settlement is fair and reasonable and is in the best interests of our customers and our shareholders," the spokeswoman said.

Around one million people in four states -- California, Connecticut, Illinois and Texas -- had filed suit asserting that Explorers made between 1991 and...