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28GM won't pay owners of recalled cars for lost value

Kenneth Feinberg, the man in charge of the General Motors compensation fund dealing with the its widespread ignition switch woes, has issued an informal, two-letter response to the plaintiffs in more than 70 lawsuits seeking redress for lost resale value of their Cobalts: "No." The cases were recently combined into one, but Feinberg told The Detroit News that the fund will deal "only with death and physical injury claims," and that "perceived diminished value" will get no consideration.

243Family Angry GM Isn't Counting Their Daughter As One Of The Recall Victims

Girl died in the backseat of a Chevrolet Cobalt that crashed in 2006

Natasha Weigel was in the backseat of a Chevrolet Cobalt that crashed in 2006, and she tragically died of her injuries. One of the front passengers was also killed in the crash. However, GM's data only lists the front occupant among those killed in connection with the faulty switches, not Weigel.

48Family angry GM isn't counting their daughter as one of the recall victims

At this point anyone with even a passing knowledge of the General Motors ignition switch recall knows that the official number of deaths recognized by the automaker itself caused by the faulty part currently stands at 13 people. That figure is still under much debate, though. Reuters claims that it could be as high as 74 people, citing cases in the affected models with no airbag deployment, and the acting head of the National Highway Traffic Safety Administration thinks that it could be higher a

42US Senator: General Motors Has Yet To 'Come Clean'

Critical questions weren't answered in Valukas report, Blumenthal says

A US Senator said General Motors' much-anticipated internal report on the circumstances that led to a deadly flaw going unfixed for more than a decade, amounts to a whitewashing of the problem.

491GM's Barra Discusses Results Of Ignition Switch Investigation

Report highlighted a pattern of incompetence and neglect

General Motors said a pattern of "incompetence and neglect" led to a decade-long defect in an ignition switch that has killed at least 13 people, and probably more.

3GM Expected To Release Multiple Employees Over Ignition Switch Recall

Automaker continues to deal with fallout over delayed recall

General Motors is set to hold a major briefing on the results of its internal probe into the ignition switch debacle this morning, with early reports claiming that multiple employees could be terminated due to their role in the recall.

16Recalls Don't Dent General Motors' Sales Figures

Sales at the Detroit-based automaker have increased three percent in 2014

GM's recent spat of recalls have dented profits, but they haven't dampened America's enthusiasm for GM-made vehicles.

96GM Apologizes For Sending Recall Notifications To Crash Victims Families

The automaker apologized to grieving family members

General Motors apologized Tuesday to the families of accident victims who received recall notices on the cars that killed their loved ones.

29Reuters claiming at least 74 people killed due to faulty GM ignition switches

The study also found that the Chevy Cobalt and Saturn Ion were more likely to be involved in fatal crashes than their competitors.

5Tesla gigafactory will source materials from North America to keep things green

It's one thing for the Big 3 to get tires and engine parts from cities along the US Rust Belt. It's another thing altogether, though, for Tesla Motors to source far more esoteric materials like graphite, cobalt and lithium from Canada and the northern US. But that's what the California-based company has in mind, and it's all in the name of environmental friendliness and cost, Bloomberg News says.

AddGM Recalls 1.5 Million Cars For Steering Defect

Costs to GM may total $750 million in the first quarter

General Motors Co. said Monday it is recalling 1.5 million vehicles worldwide because the electronic power-steering assist can suddenly stop working, making them harder to steer.

111GM recalling another 1.3 million cars over power steering woes

When it rains, it pours. General Motors has announced yet another major recall, covering 1.3 million units in the American market over concerns that their power steering could suddenly fail. As reported by The Detroit News' David Shepardson, GM has now recalled nearly ten times as many cars as it did all of last year.

272Two More Recalls Push GM Total To 4.8 Million In A Month

GM announced it would recall 490,000 late-model pickup trucks and SUVs

General Motors announced two more recalls late Friday, bringing to 4.8 million the number of cars, trucks and SUVs the automaker has called back for repairs in the past month.

69Documents portray 'unsettling picture' of responses to GM ignition-switch problem

NHTSA Declined Investigation In '07; GM Said Cost Of Fix Was 'Too High' In '05

A senior investigator within the National Highway Traffic Safety Administration wanted to open an investigation into defective Chevrolet Cobalt and Saturn Ion models in November 2007. The director of the agency's Defects Assessment Division had spotted a trend of airbag non-deployments in the two General Motors models – early evidence of a problem included four fatal accidents, 29 complaints and 14 field reports.

35General Motors expands ignition-switch recall again by 971,000 cars

Days before Congress holds hearings on why it took General Motors so long to let millions of car owners know about a potentially deadly defect, the car company admitted more cars are affected and is recalling nearly one million more cars globally.

25Lawsuits contend GM hasn't recalled all defective Cobalts

General Motors is facing additional lawsuits in California and Alabama relating to the faulty ignition switches that have forced it to recall some 1.6 million Chevrolet, Pontiac and Saturn vehicles. These suits are a bit different than GM's other legal issues, though.

47Senator wants DoJ to create GM victims' fund

US Senator Richard Blumenthal, a Democrat from Connecticut, is echoing the call of safety advocates in requesting that the Justice Department create a compensation fund for those killed or injured behind the wheel of General Motors vehicles with faulty ignition switches.

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