Tags: GM | recall | worldwide | ignition

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

 

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.

© 2015 Thomson/Reuters. All rights reserved.

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

Illegals Could Wait Until 2019 to Have Cases Resolved

Sunday, 01 Feb 2015 11:13 AM

Thousands of immigrants seeking legalization through the U.S. court system have had their hearings canceled and are bein . . .

'American Sniper' Sets Super Bowl Weekend Record

Sunday, 01 Feb 2015 12:37 PM

American Sniper is nearing the $250 million mark after picking up $31.8 million to set a new Super Bowl weekend record. . . .

California Suffers Dry January, Prolonging Devastating Drought

Sunday, 01 Feb 2015 10:40 AM

California has experienced one of the driest Januarys on record, and the lack of rain during a time of year when the wea . . .

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