GM has updated the count of eligible claims for its ignition-switch recall.
- Erin Marquis
- May 20, 2015
The National Highway Traffic Safety Administration confirmed May 19, that 33.8 million vehicles with Takata airbags are to be recalled.
General Motors has announced a recall covering 316,357 vehicles globally, due to the possibility of sporadic or permanent failure of the low-beam headlamps. 273,182 of these vehicles are in the United States, while the remaining affected units are in Canada, Mexico, and elsewhere.
General Motors is facing even more legal trouble after recalling roughly 26.6 million vehicles in the US this year. The latest case comes from the Arizona Attorney General and alleges that GM executives knew about the problems with its models but avoided disclosing them to the public. At its maximum, the suit could force the automaker to pay $3 billion.
It appears that General Motors began preparing for its ignition switch recall far earlier than previously known. According to emails viewed by The Wall Street Journal, a contract worker for the automaker allegedly placed an order for 500,000 replacement ignition switches from Delphi to prepare for the repairs on December 18, 2013. However, the actual recall for the parts wasn't announced until two months later in February 2014, and it had to be expanded several times afterwards to cover an incre
With nearly 1,600 claims in the General Motors faulty ignition switch compensation fund as of Friday, The Detroit News is reporting the company has so far approved 30 out of 193 death claims and 31 out of 184 injury claims. In all, the total claims at the end of last week were up four percent, while the approved death and injury claims have jumped up from 29 and 27, respectively. The remaining 1,286 claims are for less-serious injuries, a figure that is up to 1,240 from the previous week.
It appears that the safety problems stemming from General Motors' faulty ignition switches may stretch further than the automaker as admitted to. In a new interview with CNN Money, Kenneth Feinberg, the lawyer overseeing the settlement process for GM, says that there are at least 19 deaths and 12 injuries being compensated so far. That's more than the 13 fatalities originally claimed by the automaker.
This has been a bad year for recalls. The US auto industry broke the record for repair campaigns months ago, and with about 25.8 million vehicles needing fixed, General Motors has gotten close to 2013's total full-year figure of 27.96-million recalled cars all on its own. You might think that used car buyers would run screaming for the hills from all these faulty models, but a recent study finds the exact opposite to be true. In fact, one of The General's vehicles actually gained value slightly,
Democratic Senator Claire McCaskill has had it with automotive execs stalling when it comes to recalls. The Missiourian has proposed a new bill, the Motor Vehicle and Highway Safety Enhancement Act, which aims to improve the automotive safety following the high-profile fiascos involving General Motors and Toyota.