GM to Pay $12.75 Million Penalty for Selling Driver Data. That's Good News for GM Investors.

General Motors may pay a $12.75 million civil penalty after a court approves a settlement over selling location and driving data on hundreds of thousands of Californians to two data brokers. The case highlights privacy and regulatory risks for automakers handling connected-vehicle data. The direct financial impact is limited, but the issue could add compliance costs and reputational pressure.

Analysis

General Motors may pay a $12.75 million civil penalty after a court approves a settlement over selling location and driving data on hundreds of thousands of Californians to two data brokers. The case highlights privacy and regulatory risks for automakers handling connected-vehicle data. The direct financial impact is limited, but the issue could add compliance costs and reputational pressure.