General Motors Co. directors don’t have to face investors’ allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for more than 100 people their lives. GM’s board had adequate risk-assessment systems in place even …
General Motors Co will not have to face dozens of lawsuits accusing it of concealing an ignition-switch defect that led to the recall of 2.6 million vehicles, a U.S. bankruptcy judge ruled on Wednesday. GM had argued it was protected …
General Motors Co.’s compensation chief for ignition switch accidents paid 130 victims ahead of his Jan. 31 deadline, confirming 51 deaths to date, out of a total of 4,180 claims. Lawyer Kenneth Feinberg, speaking Monday in an interview with Bloomberg …
At least 45 people have died and 68 have been injured in crashes involving General Motors cars with defective ignition switches. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the totals Monday. The numbers may change. …
The deadline to file claims under General Motors Co’s faulty ignition-switch compensation program has been extended by one month to Jan. 31, 2015, the program’s administrator, Kenneth Feinberg, said on Sunday. Notice of the extension was sent to about four …
General Motors Co said on Friday it is recalling 524,384 cars and sport utility vehicles globally in two actions dealing with potential latch and loose part issues. The recalls of Cadillac and Saab SUVs and Chevrolet Spark small cars raise …
A fund set up by General Motors to pay for deaths and injuries caused by its vehicles with faulty ignitions is accepting claims. The five-month filing period that began Friday is part of the fallout from General Motors’ recall of …
General Motors Co. Chief Executive Officer Mary Barra faced intensive questioning from a House subcommittee over the slow recall of defective ignition switches, with lawmakers cutting off her answers and asking whether she can truly change the company’s culture. Representative …
GM CEO Mary Barra said 15 employees have been fired and five others have been disciplined over the company’s failure to disclose a defect with ignition switches that is now linked to at least 13 deaths. The company also will …
An independent used-car dealer in Arkansas is seeking compensation from General Motors Co. for being saddled with “highly dangerous vehicles” that include cars not yet recalled over ignition-switch defects. Nettleton Auto Sales Inc. demanded actual and punitive damages on behalf …