"Caterpillar to Pay $60 Million to Settle Engine Defect Claims," Transport Topics
June 29, 2016
Caterpillar Inc. has agreed to pay $60 million to settle claims about defects in its C13 and C15 engines, which were taken off the market after widespread reports by fleets of shutdowns and sudden loss of horsepower. Caterpillar, which made the engines to meet 2007 emissions regulations, announced the settlement with plaintiffs representing truck and bus companies. The plaintiffs brought the suit in U.S. District Court in New Jersey.
