GM Expects To Pay Upwards Of $600 Million To Victims Of Ignition Switch Defect

GM Expects To Pay Upwards Of $600 Million To Victims Of Ignition Switch Defect

Last month General Motors detailed its plan to compensate victims of crashes resulting from the long-ignored ignition defect, saying individual payouts could range anywhere from around $20,000 to the double-digit millions. Today, the car maker revealed how much it expects to pay in total when all this compensating is done. [More]