GM Settlement Fund: Eligible Vehicles
Last month, General Motors unveiled the details of its GM victim fund that was established to provide compensation to the families and victims injured in crashes involving recalled vehicles. The GM ignition recall, announced in February of this year, was twice expanded to eventually include about 2.62 million older compact cars. A design defect in the ignition switch of these vehicles can cause engine stalls, loss of power steering, loss of power brakes, and airbag failure.
The GM fund was created by victims’ compensation specialist attorney Ken Feinberg. Eligible victims can submit claims and receive compensation as an alternative to litigation. The following is a list of vehicle makes and models that must have been involved in order to be considered for compensation.
Eligible Production Part Vehicles
The following vehicles must not have had ignition switch repair performed prior to the accident in which a claimant was injured or killed:
- 2005-2007 Chevrolet Cobalt
- 2006-2007 Chevrolet HHR
- 2007 Daewoo G2X
- 2007 Opel/Vauxhall GT
- 2005-2006 Pontiac G4
- 2007 Pontiac G5
- 2005-2006 Pontiac Pursuit
- 2006-2006 Pontiac Solstice
- 2003-2007 Saturn Ion
- 2007 Saturn Sky
These vehicles must not have had an ignition switch recall repair prior to the accident occurring in order to be eligible.
Eligible Service Part Vehicles
The following vehicles must have had an ignition switch replacement performed by a dealer or independent service center. The ignition switch must have been replaced with a switch bearing part number 10392423.
- 2008-2010 Chevrolet Cobalt
- 2008-2011 Chevrolet HHR
- 2008-2009 Daewoo G2X
- 2008-2010 Opel/Vauxhall GT
- 2008-2010 Pontiac G5
- 2008-2010 Pontiac Solstice
- 2008-2010 Saturn Sky
Accidents involving these must have occurred after the ignition switch replacement and prior to have a recall repair performed.
The GM fund also stipulates that accidents must have occurred prior to December 31, 2014 in order for claims to be eligible. Additionally, the fund requirements say that any vehicle in which an airbag deployed will be deemed ineligible.
Thomas J. Henry Represents GM Recall Victims
Thomas J. Henry is representing more than 1,000 GM recall victims across the United States and has been investigating injuries and deaths linked to the recall since day one. The firm launched a nationwide media investigation into the recall in April, which brought forth thousands of affected individuals who had information critical to the investigation – information that the firm has handed over to federal agencies also investigating GM’s sluggish response the recall. As more and more individuals have flocked to Thomas J. Henry for representation, the firm has continued to push GM for a victim settlement fund. The firm has had several talks with GM’s victim compensation expert Ken Feinberg regarding appropriate victim compensation for the thousands affected by a fatal design flaw in ignition switches which left numerous dead and countless others seriously injured.
AUTOMOBILE ACCIDENT RESULT
$1.8 MillionExpenses: $20,000.00 | Attorneys Fees: $765,000.00 | Net to Client: $1 Million
AUTOMOBILE ACCIDENT RESULTS
$2 MillionExpenses: $78,475.96 | Attorneys Fees: $850,087.96 | Net to Client: $1,071,436.00
AUTOMOBILE ACCIDENT RESULT
$2.3 MillionExpenses: $200,000.00 | Attorneys Fees: $900,000.00 | Net to Client: $1.2 Million