About the GM Ignition Switch Lawsuits
According to Auto News, there have been over 1,000 death and injury lawsuits filed against the company alleging faulty ignition switches resulted in tragic accidents. However, so far only 16 of those claims have been given official court dates in both state and federal court for this year.
Reports claim that GM engineers knew the problem exited and knew a 90 cent remedy existed, yet they prolonged the recall.
In terms of other related costs, GM has paid $900 million in a settlement involving the Justice Department’s criminal probe, $300 million to shareholders and $869 million to victims and their families for deaths and injuries.
Facts Regarding GM’s Faulty Ignition Switch Recall
- 124 reported deaths
- 275 reported injuries
- 1,400 death and injury lawsuits filed
- 16 trials on death and injury claims in state and federal courts in the U.S. in 2016
- Recall involved 12.59 million vehicles