Faulty Ignition Switch
The families of 52 people killed in crashes caused by faulty General Motors small-car ignition switches will receive millions in compensation from a company fund.
“I can say that there will likely be more” death and injury claims granted, compensation expert Kenneth Feinberg said.
With five days left before the deadline, compensation expert Kenneth Feinberg says 50 death cases are eligible for money due to crashes caused by faulty ignition switches.
The families of two Wisconsin teenagers killed in a car crash involving a faulty General Motors ignition switch have dropped their lawsuit against the company and are seeking a settlement with the automaker.
The death toll from crashes involving GM small cars with faulty ignition switches is at least 21.
Ignition switch problems that have plagued General Motors and Chrysler have now turned up in the motorcycle business.
More than 300 claims have been filed related to a deadly ignition switch problem in some older model small GM cars.
The agency says that GM failed to answer roughly one-third of the questions the were required to remit and it is imposing a fine.
The fix for a faulty ignition switch linked to 13 traffic deaths would have cost just 57 cents, members of Congress said Tuesday …