Tallying The Loss

GM Paid Out $594.5M For 399 Ignition Switch Death And Injury Claims

GM Paid Out $594.5M For 399 Ignition Switch Death And Injury Claims

Four months after General Motors said it had approved 124 death claims – 10 times the number the carmaker originally acknowledged – related to the massive ignition switch defect it failed to address in more than 2.59 million vehicles, lawyers for the company have calculated a final bill for paid-out claims: $594.5 million.  [More]