GM Adds 8.45 Million Cars Worldwide to Ignition-switch Recall

Image: GM Adds 8.45 Million Cars Worldwide to Ignition-switch Recall

Monday, 30 Jun 2014 03:19 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

General Motors Co on Monday widened the list of older models it is recalling for potentially deadly ignition switches, adding 8.45 million compact and midsize sedans that it has linked to seven crashes and three fatalities.

GM this year has recalled 29 million vehicles, more than half of them because of potentially defective ignition switches.

Earlier on Monday, GM provided details of a compensation fund set up to provide at least $1 million to victims of crashes tied to defective switches in older compact cars, including the Chevrolet Cobalt and Saturn Ion.

GM said on Monday it would increase by $500 million a second-quarter charge to cover the cost of the recalls. So far this year, the writedowns are expected to total $2.5 billion.

GM did not say how it would fix the latest batch of switches, but as with earlier cases it urged owners to remove all items, including the fob, from key rings, leaving only the ignition key.

GM said the switch could be turned off because of "inadvertent key rotation." In turn, that could shut off the engine and cut power to steering, brakes and air bags.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Report: Secret Service Blasted Again For Improper Behavior

Wednesday, 22 Oct 2014 18:51 PM

The Secret Service is in trouble again, this time over a report that agents improperly became involved in a domestic has . . .

John McCain: Pentagon Press Secretary Is an 'Idiot'

Wednesday, 22 Oct 2014 17:46 PM

A disgusted Sen. John McCain called the Pentagon press secretary an "idiot" for giving a rambling, convoluted assessment . . .

Pastor Defrocked Over Son's Same-Sex Wedding Faces Council

Wednesday, 22 Oct 2014 16:38 PM

A U.S. pastor who was defrocked after officiating at his son's same-sex wedding ceremony, and later reinstated, made an  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved