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Ford Motor Company has agreed to settle a four-state class action lawsuit over the safety of its Explorer model and the sport-utility vehicle's decreased value due to its history of rollover accidents. The settlement affects about 1 million owners of model year 1991 to 2001 Ford Explorers in California, Connecticut, Illinois, and Texas. Those Explorer owners will be entitled to a $500 voucher that may be put toward the purchase of a new Explorer, or a $300 voucher that can be used to buy any other Ford vehicle. According to the Associated Press, "if [Sacramento County] Superior Court Judge David De Alba approves the preliminary settlement Monday, the parties will announce a toll-free number and Web site for consumers, followed by the mailed notices. Explorer owners will be able to apply for vouchers through the Web site."
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