GM is paying a $900-million settlement to the US government and agreeing to three years of oversight to deal with a criminal investigation into the automaker's handling of the ignition switch recall. The company is also spending $575 million to deal with two civil cases.
A lawsuit in US District Court alleges that vehicles with keyless ignitions are dangerous because people inadvertently leave their vehicles running. The owners are then at risk for carbon monoxide poisoning.
A former managing director of Fiat Chrysler Australia is accused of misappropriating the equivalent of $23.1 million. He bought yachts, held lavish Christmas parties, and supported friends' businesses.
The bankruptcy judge deciding whether New GM is responsible for ignition switch cases from before 2009 is putting all of the suits on hold until the US Court of Appeals decides whether to uphold his ruling.