Tags: general motors | ignition | wall street journal | auto defect

GM Ignition Compensation Gets 4,180 Claims Ahead of Deadline - WSJ

Monday, 02 Feb 2015 08:27 AM

General Motors Co. has received a further 1,112 claims for compensation related to ignition defects that led to deaths and injuries, taking the total to 4,180 up to the Jan. 31 deadline for claim submissions, The Wall Street Journal reported.

Claims for death rose to 51 from 50 last week, while claims for critical injuries rose by two to 77, the Journal said, quoting fund administrator Camille Biros.

GM has set aside an initial $400 million to cover its costs of compensation for claims on behalf of people injured or killed because of the faulty switches.

© 2017 Thomson/Reuters. All rights reserved.

 
1Like our page
2Share
Companies
General Motors Co has received a further 1,112 claims for compensation related to ignition defects that led to deaths and injuries, taking the total to 4,180 up to the Jan. 31 deadline for claim submissions, the Wall Street Journal said on Monday.
general motors, ignition, wall street journal, auto defect
96
2015-27-02
Monday, 02 Feb 2015 08:27 AM
Newsmax Inc.
 

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
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved