(Tx., filed February 8, 2024): Arguing that Ford Motor Company’s “release” of a vehicle constitutes a “sale” under the plain text of the statute of repose. A “sale” is the transfer of property from one party to another for a price. The statute of repose does not require a defendant to prove the exact date of sale necessarily occurred outside the 15-year period. Adopting respondents’ misreading of the statute of repose would defeat the entire purpose of providing predictability.
