GM

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GM: We're Giving $400M to Ignition-Switch Victims

General Motors reveals compensation plan in 2nd-quarter earnings report

(Newser) - Just one day after General Motors recalled another 717,950 vehicles , the New York Times reports that the automaker estimates it will pay out $400 million to victims of its faulty ignition switches. The compensation plan was included in GM’s report of its second-quarter earnings, which dropped 84% from... More »

GM Was Mum on Cause of Fatal Crashes: Documents

'NYT:' Automaker may have dodged questions about deadly defect

(Newser) - On the eve of a Senate appearance in which General Motors will be further scrutinized by lawmakers, the New York Times reveals that documents obtained through the Freedom of Information Act show GM may have been less than forthcoming when asked about the deadly ignition defect. So-called "death inquiries"... More »

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