GM Making Progress In Settling Ignition Switch Lawsuits

  Thursday, April 21st, 2016 Source: Reuters

A lawyer for General Motors said on Wednesday the company has made "significant progress" toward resolving lawsuits involving injuries and deaths allegedly linked to a faulty ignition switch that prompted the recall of 2.6 million vehicles.
The automaker has paid about $2 billion in penalties and settlements since the 2014 recalls over the switch, which can slip out of place, causing engine stalls and cutting power to steering, air bag and brake systems. GM has admitted that some of its employees knew about the switch problems years before a recall was ordered.

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