A federal jury found Wednesday that a General Motors car equipped with defective ignition switches were unreasonably dangerous. But the jury didn't award any damages to plaintiffs in the case, saying the ignition switch did not cause their car crash.
Ignition Switch Recall
- Seyth Miersma
- Jul 6, 2015
GM has updated the count of eligible claims for its ignition-switch recall.
At the end of January GM said it would hold pat on its dividend of 30 cents per share, leading investors to complain. This week it said it would increase the dividend 20 percent, and later this year would look at "further return of capital to shareholders" assuming it can get the recall fiasco concluded.