Gm Ignition Switch Recall
This all stems from the GM ignition switch recall.
This fine is a drop in the bucket compared to the total costs of the ignition switch scandal.
In the wake of the General Motors safety crisis, the mother of one ignition-switch victim is working with lawmakers to ensure motorists receive more information on vehicle defects from dealerships.
A civil trial over defective ignition switches will begin January 11, and the case's outcome could decide if the automaker will fight other suits.
General Motors paid out $594.5 million in its ignition switch claims resolution program, and on average the people with eligible cases got $1.5 million.
A District Court Judge rules that attorney-client privilege protects certain documents between GM and law firm King & Spalding over the ignition switch defect.
The US Department of Transportation has decided to extend its regulatory supervision over General Motors for an additional year. The government agency believes that the oversight is a proactive way to address possible safety defects.
The attorneys at the GM Ignition Compensation Claims Resolution Facility are now reporting a total of 90 confirmed deaths and 163 injuries in their latest progress report.
In the latest tally released by the General Motors Ignition Compensation Claims Resolution Facility, the number of cases offered compensation for fatalities has risen to 74 people. There have also been 126 injuries linked to the automaker's faulty part.
General Motors received 75 more claims from people about the automaker's faulty ignition switches. The number of eligible claims jumped up by 12, including four more for deaths and eight more for injuries.
Michael Mikkikin, the general council for General Motors, announced his retirement from the automaker last year. However, he now might not leave until July, while the company searches for a successor.