GM Agrees to Pay Saturn Owners for Transmission Defects (Visit this link)
General Motors Corp. has agreed to pay an estimated $90 million or more to "tens of thousands" of motorists in all 50 states for expenses they incurred as a result of defective transmissions in more than 90,000 Saturn economy cars. The agreement by the manufacturing giant, if ultimately approved by a Sacramento federal judge, would resolve a class-action lawsuit targeting certain models of four-cylinder Saturn Vues and Ions. They are equipped with "VTi" transmissions. Unlike a conventional automatic transmission, which uses traditional gears to shift at a few fixed points, it is a "continuously variable" transmission that has a belt and pulley system to shift between gears.