Monday, September 28, 2015

Maryland Accident Lawyers: GM to Pay $900 Million for Faulty Ignition Switches

General Motors has agreed to pay $900 million to settle criminal charges related to the company’s failure to fix a deadly defect in millions of its cars. The problem involved an ignition switch that was prone to shutting off mid-drive, thereby cutting the engine and disabling systems like power steering and air bags. GM also admitted to covering up the defect for more than a decade. The faulty ignition switches have been blamed for hundreds of wrecks since GM first recognized the issue during pre-production testing of the Saturn Ion back in 2001. Three years later, the defect was again detected in the Chevy Cobalt. In 2005, GM acknowledged the flaw in a public statement, but said that it did not pose a safety threat. That same year, the company rejected a proposal to fix the problem, saying that it would be too costly and take too much time. Later, GM began performing its own internal investigations into the issue, all while the company fought back against lawsuits filed by bereaved

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