Victims of faulty ignition switches in General Motors vehicles have been given an additional month to apply for compensation. This comes as administrator Kenneth Feinberg and his team increase their efforts to reach those potentially eligible for recompense under the program. The deadline, which was previously set for the last day of this calendar year, has now been extended to January 31, 2015.
"We agreed with Ken Feinberg's recommendation to extend the compensation program deadline," said the automaker in a statement released on Sunday. "Our goal with the program has been to reach every eligible person impacted."
As of Friday, November 14, the GM Ignition Compensation Claims Resolution Facility reported having received a total of 2,105 claims, including 217 for deaths, 128 for crippling Category One injuries and 1,760 for less severe Category Two injuries. Of those, the facility found a total of 72 eligible claims (33 for deaths, 5 for Category One injuries and 34 for Category Two injuries) and is still reviewing a further 292 claims (27 for deaths, 30 Category One and 235 Category Two).
"We agreed with Ken Feinberg's recommendation to extend the compensation program deadline," said the automaker in a statement released on Sunday. "Our goal with the program has been to reach every eligible person impacted."
As of Friday, November 14, the GM Ignition Compensation Claims Resolution Facility reported having received a total of 2,105 claims, including 217 for deaths, 128 for crippling Category One injuries and 1,760 for less severe Category Two injuries. Of those, the facility found a total of 72 eligible claims (33 for deaths, 5 for Category One injuries and 34 for Category Two injuries) and is still reviewing a further 292 claims (27 for deaths, 30 Category One and 235 Category Two).
GM Statement on Feinberg Deadline Extension
2014-11-16
DETROIT – General Motors released the following statement on the compensation program being administered by Kenneth Feinberg.
"We agreed with Ken Feinberg's recommendation to extend the compensation program deadline. Our goal with the program has been to reach every eligible person impacted."
General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.
2014-11-16
DETROIT – General Motors released the following statement on the compensation program being administered by Kenneth Feinberg.
"We agreed with Ken Feinberg's recommendation to extend the compensation program deadline. Our goal with the program has been to reach every eligible person impacted."
General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.
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